Leap Insights

Featured Insights

Article

Leap to the future of healthcare: Reinvent through business building

– In a post-COVID-19 era, healthcare executives are preparing to reinvent their businesses.
Article

Scale or fail: How incumbents can industrialize new-business building

– Repeatable, successful innovation requires a dedicated ‘growth engine’ that can build promising ventures into growing businesses.
Article

Moving digital health forward: Lessons on business building

– Building a successful digital health business involves several strategic steps, as illustrated through the lens of six digital health start-ups.
Collection

What comes after the 2020 digital dash

– While a tumultuous and tragic 2020 will usher in a 2021 fraught with uncertainty, one thing is crystal clear: it will be distinctly digital year. The dramatic shift to living and working online has accelerated changes across the entire business landscape, so we’ve compiled a list of must-reads to help business leaders prepare.
Article - McKinsey Quarterly

Why business building is the new priority for growth

– It can help companies diversify their revenues and keep pace with shifting customers and markets. But incumbents often lack the skills they need.
Article

Future of insurance: Unleashing growth through new business building

– To compete with digital players, traditional insurers should consider building their own new digital businesses. Markers across four critical areas can show if insurers are on track.
Podcast

Building a great digital business

– How companies are leveraging technology to address rapid market changes.
Article

Derisking corporate business launches: Five steps to overcome the most common pitfalls

– Launching new businesses is inherently risky. Successful launches are marked by how well companies connect with their customers.
Interview

Medtech innovation in the time of COVID-19: Resilience and growth during a crisis

– COVID-19 is a threat but also a call to action for organizations improving the delivery of healthcare services. Executives from four leading medtech firms share how they have thrived during this crisis by applying their business-building capabilities.
Article - McKinsey Quarterly

Ecosystem 2.0: Climbing to the next level

– After a first wave of trials, incumbents are shaking up value chains to attract new ecosystem customers—and tap potentially huge pools of value.
Article

The big boost: How incumbents successfully scale their new businesses

– Corporations can help their new ventures scale up if they avoid these six actions that can undermine success.
Video

How six companies are using technology and data to transform themselves

– In the first of a five-part multimedia series airing on CNBC, we look at how the acceleration of digital during the COVID-19 pandemic is shaping the next normal.
Article

Innovating from necessity: The business-building imperative in the current crisis

– The coronavirus crisis is a world-changing event. Here are early solutions and concrete steps leaders can consider as they plan and build new businesses for the next normal.
Article

Commercial real estate must do more than merely adapt to coronavirus

– COVID-19 is a humanitarian challenge that will have lasting effects on how people live, work, and play. By acting today, real estate leaders can best serve end users and ensure their own viability.
Article

Building an e-commerce business: Lessons on moving fast

– With consumers moving online in reaction to coronavirus restrictions, companies will need to learn how to launch new e-commerce businesses quickly.
Article

Building new businesses: How incumbents use their advantages to accelerate growth

– For large companies, building new businesses is essential for growth and reinvention. The key to success? Combining the strengths of an incumbent with the agility of a start-up.

Featured Series

The Venture Podcast

Empowering corporate entrepreneurs with the playbook to design, build, and scale new businesses.
Podcast

Digitization, decarbonization, and electrification: A conversation with CLP Group’s Austin Bryan

– Energy represents one of the last major economic sectors to undergo digital disruption, but massive change is under way. The key to providing sustainable solutions such as energy as a service is a company’s willingness to embrace ambiguity, risk, and discomfort, according to the head of innovation for a Hong Kong–based regional energy supplier.
Podcast

Building sustainable and affordable urban living: A conversation with White Peak’s Jesper Jos Olsson

– Not many companies are bold enough to enter the challenging Chinese market without a local partner. But a desire to retain full control, and the belief that relying on local partners may hinder its ability to learn and scale, eventually paid off, according to the cofounder of a Beijing-based, Swedish property developer.
Podcast

Giving and reaping rewards: A conversation with ShopBack’s Joel Leong

– Transplanting a successful e-commerce business model into a region where online shopping is still developing is a heady task for any organization. But a willingness to localize that model and fertilize the market by rewarding users for online purchases helped ensure success, according to the cofounder of a Singapore-based cash-back platform.
Podcast

2020 season recap: Building and scaling new businesses

– Listen to learnings on business building from The Venture’s 2020 episodes.
Podcast

Stressing customer obsession: A conversation with Sequoia Capital’s Pieter Kemps

– Start-ups fail for all sorts of reasons, but those that succeed constantly think about the customer journey, use technology to remove friction, and find new ways to delight their customers, according to an investor with a legendary venture-capital firm.
Podcast

Building a start-up innovation ecosystem: A conversation with Jardine Matheson’s Anne O’Riordan and Michael Poon

– Two executives share how a three-pronged approach to partnering with start-ups has spelled success for an almost 200-year-old Hong Kong multinational.
Podcast

Growing an incumbent by building a new business: A conversation with True Digital’s Bernd Vindevogel

– Building and scaling a corporate spin-off requires striking a critical balance between growing as an independent entity while serving the needs of the parent organization, according to the chief analytics officer at True Digital Group.
Podcast

A culture of caring: A conversation with Globe Telecom’s Glenn Estrella

– Growing a market-leading business while spawning start-ups depends on freedom to fail and a culture of caring modeled from the top down, according to the start-up chief of the Philippines’ largest mobile telecom provider.
Podcast

Clone or create: A conversation with Aaron Tan, CEO of Carro

– Building a new business isn’t necessarily about creating an entirely new business model but about understanding the market and where the opportunities lie, according to the CEO of Southeast Asia’s largest automobile marketplace.

Learn to Leap

Interview - Learn to Leap #14

Building and scaling one of the world’s fastest-growing mobile banks

– Setting a bold vision, adapting the business to respond to market feedback, and putting customer satisfaction first has enabled... digital-banking start-up N26 to grow rapidly into a global bank valued at $3.5 billion.
Interview - Learn to Leap #13

How incumbents can lay the foundations for hypergrowth

– To accelerate core-business and new-digital-business growth, established companies should adopt the best practices of successful... start-ups.
Interview - Learn to Leap #12

One start-up’s successful organizational approach to speed and flexibility

– Once agile practices are truly embedded in a company’s DNA, even a pandemic can’t dent its ability to respond quickly... to evolving customer needs—and the competition.
Interview - Learn to Leap #11

How to plan a successful leadership succession at a start-up

– After spending ten years turning their start-up into a highly profitable unicorn business, the cofounders of PropertyGuru were... able to successfully hand over the reins of the business and safeguard its continued success.
Interview - Learn to Leap #10

From new business to unicorn: Scaling a new corporate business

– Quick pivots and a clear focus helped About You become the first $1 billion start-up business in Hamburg.
Interview - Learn to Leap #9

Using built-in advantages and innovation to scale

– A commitment to partners, flexibility, and a good relationship with Bosch, the parent company, enabled scale to happen quickly... for S&ST.
Interview - Learn to Leap #8

Scaling a start-up: Launching innovative products in international markets

– Expanding internationally is a major step in the life of a start-up, one involving a number of important considerations. Here’s... how Impossible Foods is tackling the challenge.
Interview - Learn to Leap #7

When start-ups scale up: Lessons on building up culture and talent

– Financial-services company Raisin began in a basement in 2012. By constantly reflecting on and evaluating its own performance,... Raisin has been able to consistently grow.
Interview - Learn to Leap #6

Building a business culture with a single vision at its core

– Grab, the eight-year-old Southeast Asian company ranked as one of the world’s top innovators, credits its phenomenal success... to a strong, value-based culture.
Interview - Learn to Leap #5

Helping start-ups overcome inevitable challenges and crises

– Launching a start-up may be one of the most difficult—and satisfying— things an entrepreneur will ever do. Here’s... expert advice on getting it right.
Interview - Learn to Leap #4

What start-ups need to scale and succeed

– Statistically, the odds against a start-up are formidable. Companies that emphasize talent, customer-centricity, and core principles... are the ones most likely to succeed.
Interview - Learn to Leap #3

The people-first approach to business building

– To attract top talent in today’s market, companies need to upgrade their recruiting skills—and their culture.
Interview - Learn to Leap #2

Achieving M&A success by letting start-up acquisitions be themselves

– Acquiring a start-up is only the beginning. Successful integration takes time, a shared vision, and a strategy to get there.
Interview - Learn to Leap #1

How traditional companies can overcome legacy obstacles to business building

– Supporting start-ups in a legacy business requires changes in both skill sets and mind-sets.

New at McKinsey Blog

Blog Post

Reid Hoffman and Chris Yeh share four ways to ‘blitzscale’ your business

– Hear tips from two of the world’s greatest serial business builders.

Reimagining the real estate industry for the next normal

– How one real-estate developer’s focus on digital reinvention before coronavirus is helping it navigate the current crisis and beyond.

What does it take to help a new business take off?

We worked with a 175-year-old financial institution in North America to completely digitize banking for customers. With the goal of making design an integral part of the culture, the team partnered with HR to create and source talent for new roles like user experience designers, engineers, and data scientists.

Featured Videos

Don’t just look to the future. Let’s Leap.

This year, Leap by McKinsey is challenging business leaders to ask themselves, "How will you seize the extra time this Leap year to embrace reinvention?"

Introducing Leap by McKinsey

Ralf Dreischmeier, senior partner and global leader of Leap by McKinsey, explains our business-building approach that brings together a global network of experts to build dynamic, innovative businesses that can reinvigorate your entire organization.

Meet the team behind Leap by McKinsey

Ari Libarikian, senior partner and global leader of Leap by McKinsey, explains our business-building approach and the team and experience behind it.

Don't just look to the future. Let's Leap.