logo
episode-header-image
Jun 2024
42m 57s

210. Transformation and new business bui...

McKinsey & Company
About this episode

We discuss the challenges and opportunities of building new businesses within an organization during a transformation. How should business leaders balance the need for transformation with pursuing new business ventures? What is the role of strategy in business reinvention? What evidence is there that optimizing the core business and building new businesses translates into higher performance? 

Our guests are senior partner Chris Hagedorn and partners Matt Banholzer, and Ryan Nguyen.

Related insights:

Listen to episode 187. Driving innovation with generative AI with Matt Banholzer and Laura LaBerge 

Stay up to date with the latest insights from McKinsey Transformation on McKinsey.com

Join the McKinsey Transformation LinkedIn community 

Discover the latest insights from our Strategic Growth & Innovation Practice on McKinsey.com 

Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/

See www.mckinsey.com/privacy-policy for privacy information

Up next
Jul 4
258. Andy Mattes on the challenges of driving M&A as CEO
Mergers and acquisitions are among the more complex processes new CEOs have to learn, whether they’re in the role for the first time or taking over at a new company. Andreas “Andy” W. Mattes has navigated this multiple times in his roles as CEO of Siemens Communications, Diebold, ... Show More
33m 48s
Jun 25
257. The new and timeless truths of valuation
Measuring value creation is critical, as company leaders grapple with geopolitical shifts, digital disruption, and other trends affecting their businesses. Two co-authors of the new edition of Valuation: Measuring and Managing the Value of Companies join Sean today to discuss wha ... Show More
49m 58s
Jun 19
256. Doug Parker, former Chairman and CEO of American Airlines, shares leadership lessons
As CEO challenges go, facing a global threat that is existential not just for your company but for your industry is among the worst possible. American Airlines’ former Chairman and CEO, Doug Parker, has been through this twice while leading an airline, following the 9/11 attacks ... Show More
38m 23s
Recommended Episodes
Feb 2023
Game Changers: How companies can redefine the future of business
Big challenges can yield big payoffs — for everyone. That’s why some companies are positioning themselves to be game changers. These companies are innovating new technologies that can enable exponential returns on investments at the center of new business models and pointing it t ... Show More
28m 51s
Feb 2025
The Future of Private Equity: Innovation, Transformation, and Leadership
In this special episode, Sean Mooney examines how private equity is evolving to meet the challenges of today and tomorrow. From proactive due diligence to transformative value creation, modern firm operations, and corporate citizenship, Sean explores the key trends shaping the fu ... Show More
20m 23s
May 2024
The evolution of customer care: AI and the Gen Z effect
With the coming of age of Gen Z—both as customers and new entrants to the workforce—customer demands are changing. At the same time, the arrival of generative AI (gen AI) is changing the way contact centers can respond to those demands. In this episode of McKinsey Talks Operation ... Show More
25m 33s
Dec 2024
Episode 66: Inside the Deal with Dwayne Miller
In this episode of the Tech M&A Podcast, Dwayne Miller, co-founder and CEO of Unifi Labs, shares his journey of selling his company. Dwayne discusses the decision-making process behind seeking a liquidity event, the unique challenges of the SaaS landscape, and the importance of r ... Show More
15m 46s
Jun 2022
2021 Year in Review: IIBA News, Trends and Updates
2021 was a busy year for IIBA (International Institute of Business Analysis). In this episode Scott and Susan talk about 2021 news, trends and updates from IIBA and we talk about the things coming up in 2022 for our organization.  Click to learn more about the topics included in ... Show More
34m 45s
Jan 2025
The Secret to Building a Subscription Empire – Insights from Fab Fit Fun Co-Founder Daniel Broukhim
Daniel, an accomplished entrepreneur and founder of a leading subscription e-commerce brand, joins the discussion to share his journey of building a successful business from the ground up. With a focus on scaling sustainably and navigating the complexities of direct-to-consumer m ... Show More
26m 18s
Dec 2024
2024 Highlights & 2025 Vision
Episode #063 - In their last episode of 2024, Destaney and Justin reflect on the company's evolution over the past year, highlighting the strides in Amazon advertising, the role of AI in creative development, and the importance of data analytics in shaping modern advertising stra ... Show More
30m 54s
Apr 2024
#122 - Mark Hoffman-Davis, CEO of SYC Limited on Adapting and Thriving in Times of Change
Curious How a CEO Can Influence Both Corporate Success and Community Well-being?Don't miss our latest episode of the Creating Synergy Podcast, where we explore the profound impact of leadership through the lens of Mark Hoffman-Davis, CEO of SYC Limited.  Here’s why you need ... Show More
1h 54m
Jul 2024
Microsoft: A Case Study in Strategy Transformation
In early 2015, Microsoft’s senior leaders were facing a set of difficult decisions. The firm had been struggling to innovate and grow as fast as its competitors. Now they were considering new opportunities that would yield higher growth but lower margins — like shifting away from ... Show More
20m 22s
Mar 2025
The New Rules of Talent Retention with Global Talent Advisor Steve Cadigan
🚨 Talent retention strategies are failing. Businesses need to fundamentally shift operations to continue to thrive. 🚨 In this powerful episode of the SME Strategy Podcast, we sit down with Steve Cadigan, LinkedIn's first CHRO and a global talent advisor, to uncover the harsh re ... Show More
29m 20s
Listen to millions of songs and podcasts on Anghami