Chief Transformation Officer - McKinsey Transformation Job at McKinsey & Company
Who You'll Work With
As part of McKinsey Transformation, you will have the opportunity to help organizations around the world and across the private, public, and social sectors solve some of their most difficult problems and operational challenges and create positive change for all stakeholders. You will help lead multi-skilled McKinsey teams that provide transformation expertise across multiple dimensions – capability building, workforce, financial performance, social impact, implementation, change management, and technology. You will also work closely with a variety of roles and functional areas across our clients’ organizations, from individuals at the front-line to those serving in boardrooms and the C-suite.
What You'll Do
A Chief Transformation Officer (CTO) brings experience in leading dramatic improvements at organizations, instilling in teams the ability and determination to improve everything that matters, at every level. As a “change leader”, the CTO is responsible for helping clients rethink their operating model and conventional wisdom, a driving force working side-by-side with clients to power large-scale, rapid and enduring growth and all-encompassing reinvention. It’s a dedicated, radical partnership unlike any other, where success is measured against a client’s most audacious goals.
The CTO operates as an extension of the CEO and has the positional authority in the organization to make decisions (with the approval of the CEO). The CTO provides the CEO with support in driving the transformation, so that the day-to-day tasks of running the business are not neglected.
In this role you will lead the Transformation Office by
- Providing program management of the overall transformation effort, working in conjunction with responsible line leaders and the corporate staff
- Supporting target setting and owning any revisions or changes to the targets or the plans that support achieving the targets
- Providing on-going performance management of workstream sponsors, workstream leaders and initiative owners on the successful execution of the transformation
- Supporting a successful transformation, ensuring a “clean sheet”, best-in-class approach to all functions
- Providing senior leaders with coaching, insights and challenge on the tactics and pathways they need to adopt to meet their ambitious targets.
Qualifications
- 10+ years of work experience; prior experience as a consultant in a professional services firm preferred
- Advanced degree, preferably an MBA or master’s degree
- CXO level leader with previous experience in turning companies or large divisions around.
- Experience leading major performance uplift/ turnaround efforts in corporations that are >$1B in revenue and geographically diverse
- Has led turnaround cases in both line as well as in interim management roles (CRO, COO, CFO, GM of large (> $1B) Business Unit)
- Experience and expertise driving rapid and successful operational turnarounds across key strategic, revenue, cost and working capital levers
- Has a foundation in operations and/or finance; must be fluent in P&L, balance sheet structure and terminology, and able to critique business plans / operational plans / capital plans / working capital management
- Expertise in Commercial (e.g., go-to-market, pricing) and/or Cost (e.g., Operations, SG&A) functional areas with proof points on delivering results; industry leader in specific domains (e.g., publications, conference speaker)
- Extensive experience working on C-Suite team and ability to manage complex stakeholders (e.g., Board of Directors, top-tier suppliers, investor relations, customer key accounts)
COVID-19 vaccination mandate:
Employment with McKinsey & Company, Inc. in the United States and Canada is conditioned on proof of full vaccination against the COVID-19 virus (with a WHO-approved or Health Canada-approved COVID-19 vaccine, as applicable) or approval of an exemption due to a qualifying medical condition or sincerely held religious belief prior to start date.
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