Rajat speaks at length about how he led McKinsey over the 3 terms when he was the Managing Partner. He says that during the first term he co-created the future strategy of the firm and started executing on it. The second term, he says, was largely around driving expansion around the world while establishing key governance processes. The third term, he says, was largely around navigating the dot com crisis after the bubble had burst.
Rajat Gupta is a former CEO (Managing Partner) of McKinsey & Co. and led the firm between 1994 to 2003 across 3 terms of 3 years each. He was the first non-American CEO of McKinsey & Co. and arguably one of the first Indians to lead a pedigreed organization at a Global level. In 2012, Rajat was convicted on charges of insider trading and sentenced to two years in Jail. He recently published his memoir, titled “Mind without Fear” published by Juggernaut Books.
Given most of the press coverage around the book has focused on the nuts and bolts of the trial, I decided not to focus on it. Given this podcast is about learning from people’s journeys, I decided to spend time on how Rajat has grown as a person through his various experiences at McKinsey and subsequently. We also spend time on some of the choices he has made and some choices that he wishes that he made differently at various points in time.
If you are looking for specifics on the Raj Rajaratnam trial, Rajat’s dynamic with Preet Bharara or why he did not testify when he had an opportunity, you may be disappointed. But if you are open to immersing yourself in his journey, you might pick up a thing or two through osmosis (something he speaks about during the conversation).
Published in April 2019.
Deepak is a Leadership Advisor and an Executive Coach. He works with leaders to improve their effectiveness and in helping them make better decisions specifically around organizational and career transitions. He currently runs Transition Insight (www.transitioninsight.com) and works with leaders to handle phases of transition thoughtfully. He has worked as an Operations Consultant with KPMG in UK, Strategy Consultant with McKinsey in the US and as a Leadership Consultant with EgonZehnder (a Swiss Leadership Advisory firm) where he helped companies recruit CEOs, CXOs and Board Members and worked on Leadership Development. Deepak is a certified CEO Coach and is an alumnus of IIT Madras, IIM Ahmedabad and London Business School. His detailed profile can be found at https://in.linkedin.com/in/djayaraman
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