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Steffen Fuchs

Senior PartnerDallas

Leads McKinsey’s global work in capital productivity with a focus on digital and innovation. He works across multiple regions, including North and South America, Asia, and Europe.

Steffen leads McKinsey’s work in capital productivity globally and is a core member of our Operations Practice. He works across multiple regions, including North and South America, Asia, and Europe.

Steffen supports clients with front-end planning, design, contracting, procurement, and construction of small to large capital projects across industries such as mining, oil and gas, basic materials, and infrastructure. He also helps clients define new cost-savings opportunities by taking an integrated perspective across the extended supply chain.

An expert in capability building, Steffen helps executives design comprehensive talent strategies, transforming their organizations through a talent-led approach to best-in-class practices in operations while delivering substantial financial improvement. He has developed and market tested new learning formats and concepts to ensure that new capabilities are retained and sustained.

Before joining McKinsey, Steffen was a senior manager at DaimlerChrysler, where his role included overseeing part of the company’s global purchasing organization.

Published work

Seize the decade: Maximizing value through pre-construction excellence,” McKinsey & Company, September 2023

Accelerating capital projects to secure advantages in the net-zero transition,” McKinsey & Company, November 2022

Managing capital risk in the race to net zero,” McKinsey & Company, August 2022

How to manage the coming wave of investment in capital projects,” McKinsey & Company, June 2022

Capital investment is about to surge: Are your operations ready?,” McKinsey & Company, April 2022

Navigating the semiconductor chip shortage: A control-tower case study,” McKinsey & Company, March 2022

Here comes the 21st century’s first big investment wave. Is your capital strategy ready?,” McKinsey & Company, March 2022

Managing project portfolios to unlock trapped capital,” McKinsey & Company, August 2021

Modular construction: From projects to products,” McKinsey & Company, June 2019

Capital projects: Creating digital-first organizations,” McKinsey & Company, August 2018

Artificial intelligence: Construction technology’s next frontier,” McKinsey & Company, April 2018

Navigating the digital future: The disruption of capital projects,” McKinsey & Company, October 2017

The department of transportation of the future,” McKinsey & Company, October 2017

Taming scope creep to keep public-sector projects on track,” McKinsey & Company, July 2017

“Sharper estimating tools for getting projects done on time and on budget,” McKinsey & Company, June 2017

“Let’s make a (better) deal: From cost to value in engineering services,” McKinsey & Company, May 2017

Building superior capabilities for strategic sourcing,” McKinsey Quarterly, May 2013

Past experience



University of Applied Sciences, Hof

Wilfrid Laurier University
BA, international studies