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 truly transform a business and bring about lasting change.

PODCAST

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