CEO DIALOGUE #47 - Jacek Olczak, PMI

Philip Morris International CEO Jacek Olczak discusses the triumphs and challenges of a bold business transformation with Jean-François Manzoni. 0:00 Introduction 2:17 PMI becomes a stand-alone company 3:57 PMI commits to a smoke-free future 10:25 Managing the transformation 13:41 Today, PMI manages three distinct business units 16:42 Zoom on smoke-free products 20:21 Traditional cigarette business: playing defense 24:49 More on smoke-free products 28:00 On IQOS in particular 30:43 Developing a completely different business: beyond nicotine 36:28 Ever feel unfairly treated? 37:57 Out of the transformation comes a new PMI 40:19 How did growing up in communist Poland influence Jacek's leadership? 42:33 Continuing to learn is not optional! 45:17 Treat change as an opportunity rather than a threat 47:13 Remain curious and manage your time well 51:12 You love your job because ➡️ Subscribe to IMD: https://www.imd.org/ About our CEO Dialogue Series: Explore in-depth discussions between top executives and Professor of Leadership, Organizational Development and Corporate Governance at IMD, Jean-François Manzoni to learn how to develop your leadership skills and explore trending topics. Connect with IMD: Find out about this series: https://www.imd.org/ibyimd/ Follow IMD on Instagram:   / imdbusinessschool   Follow IMD on LinkedIn:   / imd-business-school   Follow IMD on Facebook:   / imdbschool   Follow IMD on BlueSky: https://bsky.app/profile/imdbusinesss... #imdimpact #leadership #ceo #transformation