Rob Montgomery says McKinsey has partnered with clients on nearly 1,200 transformations across 30 sectors and 90 countries.
“We've partnered with clients on nearly 1,200 transformations in 30 different sectors, 90 different countries.”
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Rob Montgomery
1 episodes · 8 quoted claims
Rob Montgomery says half of the ten largest companies today did not exist 25 years ago, and most of today's Fortune 500 companies are not expected to exist in their current form by 2030.
“a world where half of the ten largest companies today didn't exist 25 years ago”
Rob Montgomery says that for many years transformations were viewed as one-time efforts lasting twelve to eighteen months.
“I think there was a perspective for many years that transformations were one and done, twelve, eighteen month process.”
Rob Montgomery says nearly half of the impact seen in McKinsey client transformations now comes from top-line growth, a large rise over 15 years.
“nearly 50 of the impact that we have seen in our client transformations comes from growth, top line”
Rob Montgomery says he spent the first half of his career in turnaround work.
“having sort of spent the first half of my career in turnaround”
Rob Montgomery says McKinsey treats the first three to six months of a transformation as the window for quick wins and building momentum.
“We like to think about, you know, three to six-ish months, as you know, the initial window where we're really focused on those quick wins”
Rob Montgomery describes a transformation kickoff at a commercial-vehicle service provider that included a roadshow through nine or ten major hubs, including one in Detroit.
“we did a roadshow through, I think, nine or ten different major hubs to sort of try and convey the essence of why and what we were trying to achieve”
Rob Montgomery argues that most companies, left to their own devices, do not move fast enough on transformation.
“generally, most companies, um, I think, left to their own devices, aren't gonna move fast enough”