LEADERSHIP

30 are beneficial for a business , supporting them to implement agile principles and approaches throughout the organisation . As with all transformations , this can be a tall order . It involves altering the DNA of the organisation , and how it senses and responds to the marketplace . Asking every function in a large organisation to adopt new principles all at once is a huge undertaking likely to produce both false starts , occasional resistance , and cynicism . Having this third party consultant can reassure the senior management of an organisation that this is the right course of action .”

When it comes to developing a business strategy , Ellingrud explains that “ an effective business strategy needs to be grounded in the mission of the company and the organisation ’ s objectives . The strategy needs to take into account the strengths of the company in order to decide where to play and how to achieve success . Importantly , the strategy also needs to articulate what the company will not do and not focus on . We see that more dynamic and frequent resource allocation , both in terms of talent and capital , can

— Kweilin Ellingrud , Senior Partner , McKinsey

OCTOBER 2020