Episode 59: Martin Harrysson & Megha Sinha
About Megha Sinha & Martin Harrysson
Megha Sinha is a partner in McKinsey’s Bay Area office. She leads software excellence and large-scale product and technology transformations with a focus on engineering excellence, product, and platform operating models. Megha is a thought leader on developer productivity and brings learnings from leading software organizations to clients across industries.
The second guest, a senior partner also located in the Bay Area, is Martin Harrysson. Martin partners closely with executives of primarily high-tech, software, and financial services companies to implement digitally enabled business models, improve product development and get more out of their technology investments. In addition to his hands-on advisory experience, Martin tracks developments in digital technology to derive practical insights for business leaders. He seeks to identify the business implications of digital and social media for C-suite executives and explores these topics in many of his publications.
About this episode
Joining Mik in this episode of Mik + One are Martin Harrysson & Megha Sinha from McKinsey & Company. With a focus on their research which quantified the benefits of shifting from project to product models, Martin and Megha share insights on how these transformations can significantly enhance profitability and efficiency. As technology advances, the integration and upskilling necessary for these models are more critical than ever.
Listen as Mik, Martin, and Megha explore the importance of cross-functional collaboration, the challenges in aligning incentives, and the necessity of robust organizational design.
Key discussions include:
- The product operating model can significantly enhance return to shareholders and operating margins, with the top quartile companies outperforming others by substantial margins.
- Crucial elements like psychological safety and cross-functional collaboration are essential for the success of product operating models.
- Upskilling and capability building are vital, particularly in roles like product management, to ensure the effectiveness of these models.
- Generative AI can accelerate product development and streamline processes, but its success depends on addressing foundational constraints in the product operating model.
- Implementing these models requires a combination of high-level vision and detailed, specific actions demonstrated through smaller, focused initiatives.
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