This is a profile image of Vik Sohoni

Vik Sohoni

Senior PartnerChicago

Helps banks and financial institutions on strategy and operating model transformation in addressing growth, efficiency and digital change

Vik draws on his deep experience in the financial-services industry across strategy and technology, as well as his digital expertise, to help clients achieve greater growth and efficiency. He also helps clients confront the challenges posed by digital and analytics including cloud migration, AI and digital process redesign. For example, he sets up digital factories and installs new management systems—mission-based models of management—to equip clients with a new operating model fit for purpose for the new digital era.

Examples of his recent client work include the following:

  • helping a large bank rethink its data strategy
  • conceiving a digital proposition in the mortgage industry
  • setting up digital factories supported by mission-based management systems for several banks in North and Latin America to power the business with technology in an agile manner that also takes into consideration the regulatory, organizational, and competitive practicalities of large firms
  • conducting a geospatial analysis to optimize the distribution network for a large financial institution

In addition to his client work, Vik publishes often; is a frequent speaker at industry events; and convenes several CIO, chief digital officer, and operations roundtables in New York and Chicago. He is the co-author of the book, The Digital Factory and Mission Based Model.

Outside of his work with McKinsey, Vik is actively involved in the community in Chicago, supporting economic-development efforts with several business leaders and organizations.

Video

McKinsey minute: Three stages of digital organizationMcKinsey on Marketing and Sales, October 2015

PegaWORLD 2014: Becoming a digital enterprise, YouTube, June 2014

Education

Wharton School, University of Pennsylvania
MBA, finance