This is a profile image of Joseph Tesvic

Joseph Tesvic

Senior PartnerSydney

Leads McKinsey’s Asia-Pacific Operations Practice, working across industries and helping clients achieve results through operational, organisational, and strategic initiatives.

The primary focus of Joseph’s work is large-scale operational transformations, covering all types of improvement work, such as frontline operations, procurement, and spend reduction, capital-project optimisation, overhead cost reduction, and culture change.

Joseph works with client executives and line managers to identify areas for significant performance improvement and to help their companies attain goals through operational and strategic programs. He routinely works with clients on implementation to deliver bottom-line results, often with a heavy focus on building the capabilities of senior leaders so that they can sustain and extend results.

Joseph is committed to innovation in regard to the way McKinsey works with clients. He cofounded McKinsey Implementation and led McKinsey’s global research on success factors in a company's implementation performance—testing what specific behaviours and capabilities are most closely correlated with financial out-performance.

In his work with clients, Joseph brings expertise from a variety of industries including retail, consumer, energy, financial services, telecommunications, industrials and mining.

Examples of Joseph's recent client work include:

  • undertaking an 18-month operational-improvement effort with a retail client; conducting a comprehensive diagnostic to prioritise opportunities and delivering A$200 million in cost reductions via an implementation and improvement coaching partnership
  • developing a productivity strategy with a banking client, identifying a A$400 million profit-improvement opportunity and developing the road map and governance for the implementation of a series of projects
  • leading a multiyear transformation for a mining client, conducting diagnostic work on opportunities to improve volume and reduce costs and working with the client on a multisite implementation effort that delivered more than A$500 million in bottom-line savings

Joseph is a Fulbright Scholar, and he completed his MBA at Harvard Business School. Prior to joining McKinsey he held a variety of legal positions, predominantly in corporate and contract law.

Published work

Introducing the Australian Consumer Loyalty Survey,” McKinsey & Company, February 2023

Failure is not an option: How to get resilience right,” McKinsey & Company, December 2022

Uneven impacts: Australian consumers and inflation,” McKinsey & Company, December 2022

In the boardroom with Alison Watkins: CEOs, boards, and leading through crisis,” McKinsey & Company, November 2022

Emerging cautiously: Australian consumers in 2022,” McKinsey & Company, July 2022

Value, speed, and scale: A new era for operations in Asia,” McKinsey & Company, June 2022

Australia’s next normal: The cautious consumer,” McKinsey & Company, August 2020

As physical doors close, new digital doors swing open,” McKinsey & Company, May 2020

The curse of ‘The Lucky Country’: In search of economic antidotes to COVID-19,” McKinsey & Company, May 2020

Retail ghost town,” McKinsey & Company, August 2019

Fifty percent of the world’s talent,” McKinsey & Company, May 2018

Secrets to implementation success,” McKinsey & Company, July 2015

Education

Harvard University, Graduate School of Business
MBA

University of Sydney
LLB, international law, corporate law

University of Sydney
BA, French, government