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PODCAST: Disruption, friction, and change: The hallmarks of a true transformation

Transformations are difficult undertakings and come with a high likelihood of failure. But with a focused plan and dedicated leaders, a company’s executives can turn around the business and achieve meaningful success. In this episode of the McKinsey Podcast, McKinsey partner Michael Bucy and senior partners Stephen Hall and Doug Yakola, leaders in the Recovery & Transformation Services Practice, speak with McKinsey Publishing’s Tim Dickson about what it takes to […]

 

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Why Visionary CEOs Never Have Visionary Successors

Microsoft entered the 21st century as the dominant software provider for anyone who interacted with a computing device. Sixteen years later, that dominance is looking threadbare. The reason is failed leadership, and Apple – currently the dominant tech firm for the mobile era – is at risk of making the same mistakes. Why Visionary CEOs Never Have Visionary Successors

 

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Organizations Can’t Change If Leaders Can’t Change with Them

When it comes to organizational change, failure continues to be more common than success. In a survey of nearly 3,000 executives about the success of their enterprise transformation efforts, McKinsey discovered the failure rate to be higher than 60%, while Harvard Business Review conducted a study that suggested more than 70% of transformation efforts fail.   Organizations Can’t Change If Leaders Can’t Change with Them

 

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The Zappos Holacracy Experiment

Ethan Bernstein, Harvard Business School professor, and John Bunch, holacracy implementation lead at Zappos, discuss the online retailer’s transition to a flat, self-managed organization. They are the coauthors of the HBR article “Beyond the Holacracy Hype.” The Zappos Holacracy Experiment        

 

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Organizational design. The rise of teams

Hierarchical organizational models aren’t just being turned upside down—they’re being deconstructed from the inside out. Businesses are reinventing themselves to operate as networks of teams to keep pace with the challenges of a fluid, unpredictable world. Organizational design. The rise of teams  

 

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Beyond the Holacracy Hype

It was a Thursday afternoon in Las Vegas. Five employees were camped out in a team room at Zappos, the largest company so far to implement holacracy—a form of self-management that confers decision power on fluid teams, or “circles,” and roles rather than individuals. On this particular day, in May 2015, the circle charged with overseeing holacracy’s adoption was questioning the method’s effectiveness. Beyond the Holacracy Hype  

 

 

 

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Shifting tides: Global economic scenarios for 2015–25

At the National People’s Congress in Beijing in March 2015, China’s Premier Li Keqiang announced a growth target of 7 percent, acknowledging that “deep-seated problems in the country’s economy are becoming more obvious. Shifting tides: Global economic scenarios for 2015–25  

 

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How Airbnb is building its culture through belonging

When you walk into the Airbnb office in SOMA, San Francisco, you could be entering a trendy inner-city apartment building almost any place in the world, which deliberately aligns with the company’s mission: to create a world where you can belong anywhere. How Airbnb is building its culture through belonging