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Michael Glaschke

Senior Partner, Munich
Advises clients on corporate- and business-function transformations in a broad range of industries and guides energy, chemical, and basic-material companies on topics ranging from strategy, digital, and advanced analytics to corporate finance and M&A to functional excellence and operations.

About Michael

Since joining McKinsey in 2006, Michael has advised clients on corporate- and business-function transformations in a broad range of industries, including energy, automotive, chemicals, telecom, advanced industries, logistics, and basic materials, across the Americas, Europe, and the Middle East.

Michael leads McKinsey’s corporate-transformation work in Europe and has codeveloped the firm’s expertise in corporate-center benchmarking.

He focuses on large transformations that help organizations achieve sustained growth and earnings before interest, taxes, depreciation, and amortization improvement by aligning their operating models more closely with their strategies and market opportunities in multiple industries.

Examples of Michael’s work include the following:

  • directing a leading global energy utility’s holistic general- and administrative-function-transformation program, covering finance, HR, legal, communication, and other functions
  • creating a shared-services strategy for an incumbent telco
  • guiding a headquarters transformation for a leading advanced-industries global player
  • managing global benchmarking in sales and marketing, general and administrative, procurement, and R&D functions across all business units for a German organization
  • designing and setting up a major global player’s large-scale transformation program, with savings targets of several billion euros through a focus on HR, finance, strategy, business development, IT, and other functions
  • directing an indirect-cost transformation for a leading global logistics company

Additionally, Michael is a core member of McKinsey’s global energy and materials sector. His areas of expertise include topics ranging from strategy, digital and advanced analytics, corporate finance, and M&A to functional excellence and operations.

PUBLISHED WORK

How insurers can reimagine G&A for the next normal,” McKinsey & Company, June 2021

Why corporate-center efficiency matters,” McKinsey & Company, February 2019

What to do when a specialty-chemical business gets commoditized,” McKinsey & Company, May 2017

Chemicals and capital markets: Still going strong,” McKinsey & Company, July 2015

EDUCATION

University of Erlangen-Nuremberg
MBA
PhD, international accounting