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Rewired. The McKinsey Guide to Outcompeting in the Age of Digital and AI. Edition No. 1

  • Book

  • 400 Pages
  • June 2023
  • John Wiley and Sons Ltd
  • ID: 5838545

In Rewired, the world's most influential management consulting firm, McKinsey & Company, delivers a road-tested, how-to manual their own consultants use to help companies build the capabilities to outcompete in the age of digital and AI.

Many companies are stuck with digital transformations that are not moving the needle. There are no quick fixes but there is a playbook. The answer is in rewiring your business so hundreds, thousands, of teams can harness technology to continuously create great customer experiences, lower unit costs, and generate value. It's the capabilities of the organization that win the race.

McKinsey Digital's top leaders Eric Lamarre, Kate Smaje and Rodney W. Zemmel provide proven how-to details on what it takes in six comprehensive sections - creating the transformation roadmap, building a talent bench, adopting a new operating model, producing a distributed technology environment so teams can innovate, embedding data everywhere, and unlocking user adoption and enterprise scaling.

Tested, iterated, reworked, and tested again over the years, McKinsey's digital and AI transformation playbook is captured in the pages of Rewired. It contains diagnostic assessments, operating model designs, technology and data architecture diagrams, how-to checklists, best practices and detailed implementation methods, all exemplified with demonstrated case studies and illustrated with 100+ exhibits.

Rewired is for leaders who are ready to roll up their sleeves and do the hard work needed to rewire their company for long-term success.

Table of Contents

Introduction: The enterprise capabilities that turn digital and AI into a source of ongoing competitive advantage 1

Section One Creating the Transformation Roadmap: A business-led roadmap is the blueprint for a successful digital and AI transformation 15

Chapter 1 Get your top team inspired and aligned 19

Chapter 2 Choose the right transformation "bite size" 25

Chapter 3 Have business leaders define what's possible 33

Chapter 4 Figure out what resources you need to achieve what you want 43

Chapter 5 Build capabilities for now and the next decade 49

Chapter 6 The digital roadmap is a contract for your C-suite 57

Chapter 7 The ultimate corporate team sport 61

Getting Ready -- Section One 67

Section Two Building Your Talent Bench: Creating an environment where digital talent thrives 69

Chapter 8 Core versus noncore capabilities -- strategic talent planning 71

Chapter 9 The talent team that can build your digital team 83

Chapter 10 Hiring digital talent when they're actually interviewing you 87

Chapter 11 Recognize distinctive technologists 101

Chapter 12 Fostering craftsmanship excellence 107

Getting Ready -- Section Two 115

Section Three Adopting a New Operating Model: Rearchitecting your organization and governance to be fast and flexible 117

Chapter 13 From doing agile to being agile 119

Chapter 14 Operating models that support hundreds of agile pods 131

Chapter 15 Professionalize product management 149

Chapter 16 Customer experience design: The magic ingredient 159

Getting Ready -- Section Three 167

Section Four Technology for Speed and Distributed Innovation: Building a technology environment that empowers the entire organization to digitally innovate 169

Chapter 17 Decoupled architecture for development flexibility and operational scalability 173

Chapter 18 A more surgical and value-backed approach to cloud 185

Chapter 19 Engineering practices for speed and high-quality code 193

Chapter 20 The tools to make your developers highly productive 207

Chapter 21 Delivering production-grade digital solutions 215

Chapter 22 Build in security and automation from the start 221

Chapter 23 MLOps so AI can scale 227

Getting Ready -- Section Four 235

Section Five Embedding Data Everywhere: What it takes to make data easy to consume across the organization 237

Chapter 24 Determine what data matters 239

Chapter 25 Data products: The reusable building blocks for scaling 247

Chapter 26 Data architecture, or the system of data "pipes" 259

Chapter 27 Organize to get the most from your data 273

Getting Ready -- Section Five 285

Section Six The Keys to Unlock Adoption and Scaling: How to both get users to adopt your digital solutions and scale those solutions across the enterprise 287

Chapter 28 Nail user adoption and underlying business model changes 291

Chapter 29 Design solutions for easy replication and reuse 301

Chapter 30 Ensuring impact by tracking what matters 313

Chapter 31 Managing risk and building digital trust 329

Chapter 32 So, what about culture? 335

Getting Ready -- Section Six 345

Section Seven Transformation Journey Stories: An exploration of how three companies have driven successful digital and AI transformations 347

Chapter 33 Freeport-McMoRan turns data into value 349

Chapter 34 DBS -- A multinational bank becomes a digital bank 357

Chapter 35 The future of play takes shape at the LEGO Group 365

Acknowledgments 373

Index 377

Authors

Eric Lamarre Kate Smaje Rodney Zemmel