Last version published: 13/03/2023 12:02
Publication number: ELQ-48108-3
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McKinsey's Resilient Growth Dimensions Framework Template
A PowerPoint Strategy Template of McKinsey and Company's "Six Dimensions of Resilience" Framework, for leadership teams to use in uncertain times.
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In July 2022, McKinsey & Company's Stephan Görner, Arvind Govindarajan, Alex Panas, Ezra Greenberg, Ani Kelkar, John Kelleher, Ida Kristensen , Linda Liu, Asutosh Padhi, , Zachary Silverman, Tim Nysetvold , Anais Ross and Mark Staples published an article called "Something’s coming: How US companies can build resilience, survive a downturn, and thrive in the next cycle" (available here: https://www.mckinsey.com/capabilities/risk-and-resilience/our-insights/somethings-coming-how-us-companies-can-build-resilience-survive-a-downturn-and-thrive-in-the-next-cycle ).
The article was written in a context of a possible upcoming ressession for the end of 2022 and the beginning of 2023 in the USA and beyond.
In Exhibit 4, they outline a framework called "Reslient Growth Dimensions: Six dimensions of resilience can support defensive and offensive moves".
The framework's roots lie in the analysis and a deep research by McKinsey Teams of how a number of organisations navigated through the COVID-19 pandemic. How come some organisations better took the hit than others? How did they adjust to the changing context? How had they anticipated, at the organisational level, the acquisition of the competences to increase their resilience level?
A visual was published on LinkedIn, that can be seen here: https://www.linkedin.com/posts/mckinsey_new-mckinsey-research-shows-the-best-ceos-activity-6973692706422210560-JnA8?
Six Dimensions of Resilience that "can support offensive and defensive moves":
1/ 🤑 Financial
2/ 🛠️ Operational
3/ 💻 Digital & Technology
4/ 🌱 Brand, reputation and ESG
5/💡 Business model and innovation capabilities
6/ 👔 Organizational
The framweork has a total of 17 sub-dimensions, in 6 main dimensions:
🤑 Financial (4):
- Cost controls and agility
- Cash conversion
🛠️ Operational (3):
- Workforce management
- Supply chain
💻 Digital & Technology (3):
- Cyber and information technology
- Data protection, quality and availability
- Automation, analytics and digital experiences
🌱 Brand, reputation and ESG (2):
- Stakeholder management and communications
- Societal commitments
💡 Business model and innovation capabilities (2):
- Product and customer needs
- Ecosystems and alliances
👔 Organizational (3):
- Leadership resilience preparation
- Decision-making agility
Given the pertinence of this resilience framework in the context of a possible economic crisis in 2023 (the result of many underlying macro challenges in the US and globally), I thought it wise to create an editable template any business leader can use to quickly assess his/her organisation on these 6 dimensions, via a scoring on the 17 sub-dimensions. The framework will also most likely be useful later in the 21st century, in other contextes where being a "resilient organisation" by design, is a competitive advantage.
The gist of the framework I created is to input a score from 1 to 5 on each of the 17 sub-dimensions of the 6 dimensions of Resilence Growth. This will automatically color the framework accordingly to visually represent the strong and weak-points of a given company using the tool.
Interpretation of scores:
1 ->Best Practice
The Best Practice is:
- 1 editable Microsoft PowerPoint Template Slide
- with an online & offline 14 step-by-step methodology, with pedagogical illustrations for each step.
Should you have any questions about this top tier Resilience Strategies framework template, you're welcome to reach out to me via Private Message.
⭐️ Bundle of 12 McKinsey & Company Models & Frameworks (including this one):
This Best Practice includes
1 PowerPoint Template Model + 1 Associated Excel Model + 1 Offline/Online 10 Step-by-Step Methodology
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