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Your company needs a superpower. Do you have what it takes to build one?

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Five Fifty
Five Fifty
An image of a glowing cube, with different-colored shapes on the cube’s faces representing the six critical elements a company needs to build a distinct institutional capability, or superpower. The image shows that the cube’s six sides have popped out to reveal a glowing sphere in the center, representing a company’s superpower. End of image description.

Companies know they need new capabilities to thrive, but many struggle to build them. Identifying a superpower—a distinct institutional capability to enable them to excel—can help, say Brad Mendelson, Harald Fanderl, Homayoun Hatami, and Liz Hilton Segel. To learn how to build your superpower, check out the latest edition of the Five Fifty.
Image description: A horizontal bar graph shows the urgency among survey respondents to address capability gaps at their companies. Only 5% of respondents said their organizations’ capabilities are already set. In contrast, 47% of respondents said their companies need to act now to address capability gaps, and 43% said their companies need to act soon; 6% of respondents said it’s already too late for their companies to act. End of image description.

McKinsey helps companies develop their own superpowers, turning their ideas into impact. Learn more about how we’re moving companies forward.

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by "McKinsey Quarterly Five Fifty" <publishing@email.mckinsey.com> - 05:03 - 23 Jul 2024