Transformation — Risks and Rewards with guest Kevin Murphy
In this episode Kevin defines transformation, describes what’s different for leaders moving through it, and makes a case that project professionals do their best work when they attend to the physical, mental and emotional space where co-creation can be achieved.
About our Guest:
Kevin Murphy is a partner in Bain & Company's Washington, D.C. office, and head of its Center of Expertise for Co-Creation. He has more than 30 years of experience across multiple industries in leading large turnarounds and transformations.
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Key Takeaways:
[01:30] Drivers and characteristics of transformation
[04:45] Transformation projects are marathons, not sprints
[07:45] Transformation lessons and rewards
[10:00] Risks and reasons for high failure rates
[12:55] Attitude, resolve and top-down commitment
[16:25] Engaging in conservations that break down silos
[21:15] Creating physical, mental and emotional spaces
