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Author:

McKinsey

Rewired

Rewired

Part I:  Description

Rewired: The McKinsey Guide to Outcompeting in the Age of Digital and AI

In "Rewired," top McKinsey & Company consultants offer a roadmap for businesses to thrive in an era of rapid technological disruption. Drawing on their experience with hundreds of companies, the authors provide a comprehensive guide for successful digital and AI transformation.


Key Takeaways of Rewired

  • Digital Transformation Isn't Enough: Organizations need to rewire their core business, not just layer on digital initiatives, to outpace competitors.

  • It's About Capabilities: Long-term success hinges on building the organizational capabilities to continuously harness technology for innovation and value creation.

  • Holistic Approach: "Rewired" advocates for changes across leadership alignment, talent development, operating models, technology, and data architecture.

  • Proven Playbook: The book provides practical implementation methods, diagnostic tools, and detailed real-world examples.


Who Should Read "Rewired"

This book is essential for:

  • CXOs and Business Leaders: Learn how to lead a large-scale organizational rewiring for lasting digital success.

  • Transformation Teams: Gain a structured framework for driving digital and AI initiatives with impact.

  • Consultants: Tap into expertise developed through McKinsey's extensive client work.



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Part II:  Common Questions

1. What's the core message of "Rewired"?

  • Answer: Simply adding digital technology initiatives does not guarantee success. To thrive, businesses must fundamentally "rewire" their entire operations. This means transforming mindsets, talent pools, processes, and infrastructure to continuously leverage technology for innovation and customer value.


2. What distinguishes "Rewired" from other digital transformation books?

  • Answer: "Rewired" emphasizes the following unique aspects:

    • Focus on capabilities: Success hinges on building the internal abilities to consistently compete in a digital age.

    • Practical playbook: Goes beyond theory with implementation tools, diagnostics, and real-world case studies.

    • McKinsey's Expertise: Benefit from the management consulting giant's decades of experience.


3. Is this book only for large enterprises?

  • Answer: While many examples are from major corporations, the core principles of "Rewired" are scalable. Small and medium-sized businesses can also adopt its frameworks for creating a culture of innovation, agility, and customer-centricity enabled by technology.


4. What are some key areas the book addresses for a successful transformation?

  • Answer: "Rewired" covers six key areas:

    • Leadership: Creating alignment and commitment at the top levels.

    • Talent: Building a workforce with digital and analytics skills.

    • Operating Model: Adapting structures for agility and speed.

    • Technology: Modernizing technology stacks and data architecture.

    • Data: Utilizing data as a strategic asset throughout the organization.

    • Implementation & Scaling: Effectively scaling and driving adoption.


5. Does "Rewired" address the ethical implications of AI?

  • Answer: While not the primary focus, the book mentions the importance of responsible AI and the need for proactive ethical considerations when embarking on digital and AI transformation.

Part III:  Additional Books Of Interest

Leading Digital: Turning Technology into Business Transformation

  • by George Westerman, Didier Bonnet, and Andrew McAfee:  

  • A comprehensive guide by MIT experts on driving successful digital transformation, focusing on organizational change, strategy, and data utilization.


Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World

  • by Marco Iansiti and Karim Lakhani:  

  • Delves into the strategic implications of AI for business models, offering guidance on how companies can leverage AI for competitive advantage.


The Digital Transformation Playbook: Rethink Your Business for the Digital Age

  • by David L. Rogers: 

  • Provides practical frameworks and tactics for implementing digital initiatives, emphasizing customer experience and data-driven insights.


Building the Agile Business through Digital Transformation

  • by Neil Perkin and Peter Abraham:  

  • Focuses specifically on developing the agility and responsiveness required to adapt to changing customer demands and new technologies.


McKinsey & Company Website:  

  • Explore further articles, insights, and case studies on digital transformation and industry-specific trends on McKinsey's website (https://www.mckinsey.com/).

Part IV:  Disclaimer

These results were largely generated by Google Gemini and updated with additional content by us on a case-by-case basis. To make this amount of complimentary content available at a cost-effective level for our site visitors and clients, we have to rely on, and use, resources like Google Gemini and other similar services.

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