Building a high-performing operating model Our colleagues, as part of their research on the “rewired enterprise,” have identified six hallmarks of high-performing operating models.2The rewired enterprise: How five companies built to outcompete,” McKinsey, July 6, 2023.Rewired ...
3,” April 2021, McKinsey.com. Leveraging these capabilities to create value requires an operating model combining structure, talent, culture, and ways of working to synchronize all layers of the stack. Synchronizing these layers is not easy. Any organization undertaking an AI-ban...
Comparing McKinsey’s procurement framework with the Operating Model Canvas Posted on December 20, 2018 by Andrew Campbell I have been reading a McKinsey article on procurement, titled “A next generation operating model for source-to-pay”, authored by Samir Khushalani and Edward Woodcock At the...
The carbon abatement curves by McKinsey (2009) suggest that, for moderate GHG reductions, firms will be able to identify considerable “low hanging fruit” with a corresponding small cost per ton of CO2 abated. Even if the cost per ton abated were to assume an extremely high value of say ...
1. Reset of operating model and rhythm based on fewer (and bigger) priorities In the past few weeks, we have seen a sharper focus on top priorities, while less critical initiatives have been paused or discontinued altogether. A recent McKinsey survey of more than 100 execu...
A successful operating model must unleash the asset team to find innovative ways to maximize production and reduce costs; Oil sands have experienced widespread deferrals and cancellations of major expansion projects due to the fall in crude price. At the same time, they are also d...
Deploying generative AI in the enterprise requires a data-centric road map. Leaders can use a well-defined operating model to successfully scale the technology.(9 pages)After almost two years of infatuation with generative AI (gen AI), companies are moving past the honeymoon phase1,...
3,” April 2021, McKinsey.com. Leveraging these capabilities to create value requires an operating model combining structure, talent, culture, and ways of working to synchronize all layers of the stack. Synchronizing these layers is not easy. Any organization undertaking an AI-bank transformation ...
The platform operating model ensures that these layers run in sync to spur the growth of an AI bank of the future. About the author(s) Brant Carson is a partner in McKinsey’s Sydney office; Abhishek Chakravarty is an associate partner in the Singapore office, ...