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Why Transformations Stall—and Where Only CEOs Make the Difference Analytics Table

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About Why Transformations Stall—and Where Only CEOs Make the Difference

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Five common behavioral patterns can interfere with organizational transformation. Know the warning signs—and what to do about them. In this episode of _The McKinsey Podcast,_ McKinsey Senior Partner Kurt Strovink and Partner Mathew Lee join Global Editorial Director Lucia Rahilly to discuss five collective-action problems that can inhibit change. Individually, these behaviors can seem perfectly rational. The instinct to play it safe, protect what’s ours, trust who we know, and wait for change to pass. But at scale, these issues can bring transformation to a standstill. The conversation explores how leaders can recognize these patterns early and how CEOs can create the right conditions for enterprise-wide change. They also discuss how to set more ambitious goals and how AI is changing the way CEOs think about those goals. _The McKinsey Podcast_ is cohosted by Lucia Rahilly and Roberta Fusaro. *Chapters:* 00:00 – Intro: What successful CEOs demand 00:57 – The CEO’s unique role in transformation 02:23 – What is a collective-action problem? 03:10 – Five collective-action problems that can stall transformation 06:18 – Early warning signs leaders should watch for 10:45 – How to set more ambitious transformation goals 13:01 – How AI is changing target setting 15:01 – Creating a culture of transparency and openness 16:40 – Aligning teams around enterprise-wide goals 18:18 – Breaking the “trustworthy few” bottleneck 19:18 – Why transformation shouldn’t be a finite program 20:06 – How CEO behavior can shape transformation 21:54 – Why transformation is about people and culture Read more: https://www.mckinsey.com/capabilities/transformation/our-insights/collective-action-collective-success-a-ceos-role-in-transformations Subscribe to our channel: http://mck.co/YouTube Subscribe to our newsletters: http://mck.co/Subscribe *Find us on:* Facebook: http://mck.co/Facebook Twitter: http://mck.co/Twitter LinkedIn: http://mck.co/LinkedIn Instagram: http://mck.co/Instagram See www.mckinsey.com/privacy-policy for privacy information.

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