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AN ARTICLE A DAY, PICKED BY OUR EDITORS

Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities

You may be familiar with the idea of working as “one firm.” Historically, many leading professional-services companies are well-known for this approach. But while most leaders understand the importance of working together, capturing the full value of operating as one firm is elusive for most, say McKinsey’s Blair Epstein, Caitlin Hewes, and Scott Keller in a new McKinsey Quarterly article. Based on proprietary research from 2,000 organizations across 100 countries, they share what it really means to operate as one firm, the value it brings to organizations, and ways to successfully make the transition. Check it out to see why it pays to be a one-firm firm.

Capturing the value of ‘one firm’

Our proprietary research across 2,000 companies shows that it pays to operate as “one firm.” Here’s how top-performing organizations make it work.

See what it takes

Quote of the day

“Successful leaders are curious about others and learning how others do things so that they, the leaders, can learn and become better versions of themselves.”

—Allegra van Hövell-Patrizi, CEO of Aegon the Netherlands, on how leaders can drive sustainable change and growth in “Leading through change: An interview with Allegra van Hövell-Patrizi”

Chart of the day

Chart comparing the variation between prevalance and diagnosis of men's and women's health conditions.

See today’s chart

ALSO NEW

How biotech and collaboration can enable sustainable animal production

Animal production will continue to play an important role in feeding a growing world population. Biotechnology can help make it more sustainable, supporting a global path to net zero.

Create together

Looking within: How Walmart in Mexico changed everything for an omnichannel future

The executive committee at Walmex had to lead differently to take the company into the digital age. They reflect on the changes in the organization and in themselves.

Reinvent yourself

What Norway’s experience reveals about the EV charging market

In December 2022, more than 80 percent of new cars purchased in Norway were electric. What can we learn from the country’s experience scaling its charging infrastructure to meet this demand?

Learn key market insights

— Edited by Joyce Yoo, editor, New York

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