194. Driving long-term business transformation

Many companies turn to transformation because their leaders seek to capture untapped potential or realize growth or efficiency gains. Yet transformations take work to get right. Our research shows less than a third of transformations reach their goals to improve organizational performance and sustain these improvements over time. To discuss how to beat those odds and sustain a holistic business transformation over the long term, we are joined by Roman Regelman and Kevin Carmody.   Roman is Senior Executive Vice President and Global Head of Securities Services and Digital at US-based financial company BNY Mellon. Kevin is a senior partner in our Transformation Practice with over twenty years of experience serving clients across Europe and North and South America.   Follow our Transformation Practice on LinkedIn Visit our Transformation Practice on McKinsey.com  Join our Strategy and Corporate Finance  LinkedIn community of more than 90,000 members and follow us on X at @McKStrategy.   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

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We talk with McKinsey partners and corporate executives on the challenges they face creating lasting strategies in a fast-changing world. We also examine the different ways these executives approach these challenges and the new and innovative ways they think of creating a vision for their enterprises.