Posted by Alumni from McKinsey
December 11, 2024
In today's business landscape, organizations face unprecedented levels of change and complexity. Markets shift overnight, new technologies emerge daily, and customer expectations evolve rapidly. This volatile environment demands that organizations adapt quickly, innovate continuously, and respond decisively to new challenges and opportunities. This article is a collaborative effort by Arne Gast, Erik Mandersloot, Kai Grunewald, and Neil Pearse, with Carmen James and Natacha Catalino, representing views from McKinsey's People & Organizational Performance Practice. Companies aiming for significant performance improvements may have tried top-down or bottom-up approaches to transformation'either relying on senior management alone or on programs that seek to change employee mindsets. But there is a third way. Our recent experience with organizations across industries and geographies reveals that a team-centric approach to transformation ushers in lasting, significant gains. In fact,... learn more