Thursday, September 29, 2011

The Projected Impact Of Collective Ability On The Enterprise Scale

Roberto Setubal, the CEO of Brazil’s Itaú Unibanco was aware of the hidden power of teams. Desirous of maintaining his company's edge over the competition he decided to unlock the hidden power in his organization. The following interview provides an insight into the goals, milestones, problems and impact of enterprise scale transformation to an open culture. The key requirement is vision at the top. Given that, it requires great driving energy, persistence and follow-up. We can confidently state that assisted by our infrastructure Itaú Unibanco would have gone twice the distance in half the time, with IT providing much of the organizing and driving energy apart from assuring the culture base.


(As reported in The McKinsey Quarterly, dated April, 2009)

Direct Link:
http://www.mckinseyquarterly.com/Organization/Change_Management/Transforming_a_high-performing_company_An_interview_with_Roberto_Setubal_2312

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