Alonso Razzeto, a partner and managing partner at McKinsey & Company, argues that CEOs must assign different metrics based on the venture's stage to avoid destroying potential opportunities. [1]
Approximately 40% of global CEOs consider creating new businesses among their three primary strategic priorities despite economic uncertainty. [2]
In companies where the CEO personally prioritizes new business creation, these ventures can represent nearly 20% of total company revenue within five years. [3]
Successful new businesses typically reach $10 million in revenue within an average of 31 months. [4]
McKinsey's State of Organizations 2026 report, as cited by BusinessDay, states that 86% of executives say their organizations are not ready to embed AI into daily operations. [5]
The article argues that Nigerian organizations must stop importing the complexity of their external environment into themselves, shifting attention from organization charts to execution flows and treating speed, trust, and high-quality data as organizational assets. [6]
The article contends that Nigerian organizations face a double burden: solving yesterday's organizational problems while preparing for tomorrow's organization, as global standards of organizational performance rise while Nigerian firms carry high execution costs. [7]
The same McKinsey report finds that two-thirds of surveyed leaders believe their organizations are excessively complex and inefficient. [8]
What this stands on
Alonso Razzeto, a partner and managing partner at McKinsey & Company, argues that CEOs must assign different metrics based on the venture's stage to avoid destroying potential opportunities. · Gestión
Approximately 40% of global CEOs consider creating new businesses among their three primary strategic priorities despite economic uncertainty. · Gestión
In companies where the CEO personally prioritizes new business creation, these ventures can represent nearly 20% of total company revenue within five years. · Gestión
Successful new businesses typically reach $10 million in revenue within an average of 31 months. · Gestión
McKinsey's State of Organizations 2026 report, as cited by BusinessDay, states that 86% of executives say their organizations are not ready to embed AI into daily operations. · Businessday NG
The article argues that Nigerian organizations must stop importing the complexity of their external environment into themselves, shifting attention from organization charts to execution flows and treating speed, trust, and high-quality data as organizational assets. · Businessday NG
The article contends that Nigerian organizations face a double burden: solving yesterday's organizational problems while preparing for tomorrow's organization, as global standards of organizational performance rise while Nigerian firms carry high execution costs. · Businessday NG
The same McKinsey report finds that two-thirds of surveyed leaders believe their organizations are excessively complex and inefficient. · Businessday NG
We could not place any of them by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.
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