262. Workday’s CEO on driving growth and transformation in the age of AI
Carl Eschenbach joined Workday in December 2022 to serve as co-CEO alongside Co-Founder Aneel Bhusri before becoming sole CEO in February 2024. In this episode, our North America Chair and senior partner, Eric Kutcher, talks with Carl about taking a ‘co-existence’ view of the role of AI in the workforce as a source of productivity, building an endurable company with a growth mindset culture, and the responsibility of leaders to serve the success of others. Related Insights Becoming CEO—just in time for a global crisis: David Gitlin How Judy Marks leads Otis Worldwide Corporation through uncertainty and technological evolution Data, analytics, and decisions: An interview with Teradata’s CFO Palo Alto Networks CFO on AI, cybersecurity, and the finance leader’s mandate The Strategic CEO newsletterSupport the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
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261. Retired US Navy Admiral Eric Olson: Leading effectively in uncertain times
In this episode, we speak with Eric Olson, a retired US Navy Admiral with a distinguished career in special operations, about the key principles of effective leadership, particularly in times of uncertainty. Eric shares insights from his experiences leading high-performing teams and organizations through complex challenges, offering valuable leadership lessons for executives in today's rapidly changing business landscape. Related insights: A CEO for All Seasons: Mastering the Cycles of Leadership CEO Excellence: The Six Mindsets that Distinguish the Best Leaders from the Rest The Journey of Leadership: How CEOs learn to lead from the inside out Trusted advice for effective leadership The CEO as chief resilience officer The Strategic CEO newsletter McKinsey Insights on Strategy & Corporate Finance McKinsey Strategy & Corporate Finance on LinkedIn Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
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260. Boosting growth through innovation
Even in a highly uncertain business environment, companies that build new businesses and develop new offerings, processes, and business models are better able to capture growth opportunities and hedge against disruption. Our recent survey of more than 1,000 companies around the world reflected this, with the largest share of respondents identifying the ability to innovate as their most important strategic factor for generating growth over the coming 12 months. To discuss the survey and talk about the innovation activities top performers are focusing on today, Sean Brown is joined by Rebecca Doherty, Matt Banholzer, and Clayton O’Toole. Rebecca co-leads our Strategic Growth and Innovation practice and is a partner in our San Francisco office. She works extensively with health care, industrial, and technology clients to define and execute growth road maps. Matt co-leads our Global Strategic Growth and Innovation practice with Rebecca and is a senior partner in our Chicago office. He also sits on the leadership team of our business-building practice, and serves organizations on innovation strategy across a range of sectors, including energy, materials, and agriculture. Clayton is a leader in our Strategy & Corporate Finance and Consumer Tech and Media practices in North America and is a partner based in our Minnesota office. He serves a wide range of clients including media organizations, sports leagues; food, apparel, and hardlines retailers; consumer packaged goods companies, and principal investors. Related Insights How top performers use innovation to grow within and beyond the core The eight essentials of innovation Revolutionary innovations propelling growthSupport the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
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259. Risk, Resilience, and Innovation: Insights from AXIS Capital's Vincent Tizzio
Vince Tizzio is President and CEO of AXIS, a specialty insurance and reinsurance company that delivers customized solutions to organizations worldwide. Since taking on the role in May 2023, Vince has led AXIS on an ambitious transformation journey. In this episode, he speaks with McKinsey senior partner and North America Chair Eric Kutcher about what it means to take on the CEO role, how to lead through significant change with conviction and care, the kind of exposures companies should consider in today’s complex risk landscape, and how to be deliberate about investing in AI. Related Insights Becoming CEO, just in time for global crisis: David Gitlin, Chairman and CEO of Carrier Global Corporation Transforming for growth Stepping up: Becoming a high-potential CEO candidate How boards can tackle geopolitical risk How Judy Marks leads Otis Worldwide Corporation through uncertainty and technological evolution The art of 21st-century leadership: From succession planning to building a leadership factory Author Talks: IBM’s Ginni Rometty on leading with ‘good power’ Getting fit for growth: The leadership mindsets and behaviors that matter CEO Perspectives The Strategic CEO newsletter McKinsey Insights on Transformation McKinsey Transformation on LinkedIn McKinsey Strategy & Corporate Finance on LinkedIn Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
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255. Building transformation momentum through working capital optimization
Holistic transformations are complex and can take a long time to show full results. By optimizing working capital early on, companies can help score early wins to create momentum and excite stakeholders across the organization. In this episode, Sean talks with two McKinsey transformation experts about how to identify and achieve these working capital improvements to maximize the impact of a transformation. Jacob Rüden is a partner in our Transformation Practice, based in Cologne, and he leads our cash excellence work globally. He has more than 20 years of experience serving clients in transformation and on cash and working capital engagements across sectors, including automotive, energy, chemicals, transportation, consumer goods, and retail. And Marvin Denis is an expert in our Transformation Practice, based in New York. He's a core member of our cash excellence service line and co-leader of our cash solutions globally. He works across sectors, including automotive, chemicals, consumer goods, and retail. Related insights Gain transformation momentum early by optimizing working capital Building optionality: Balance sheet discipline is both timely and timeless Succeeding in the AI supply-chain revolution A data-driven approach to improving net working capital McKinsey Insights on Strategy & Corporate Finance McKinsey Strategy & Corporate Finance on LinkedIn McKinsey Insights on Transformation McKinsey Transformation on LinkedIn Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
We talk with McKinsey partners and corporate executives on the challenges they face creating lasting strategies in a fast-changing world. We also examine the different ways these executives approach these challenges and the new and innovative ways they think of creating a vision for their enterprises.
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