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The McKinsey Way
Book

The McKinsey Way

Using the Techniques of the World's Top Strategic Consultants to Help You and Your Business

McGraw-Hill, 1999 más...

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Editorial Rating

7

Qualities

  • Applicable

Recommendation

Ethan M. Raisel describes the problem-solving process used by McKinsey & Company, a well-known corporate consulting firm. The book offers easily digested tips. The insightful section on conducting interviews and the tips on building teamwork are particularly useful. However, because the author and other McKinsey consultants are prohibited by confidentiality agreements from discussing the specifics of their cases, the book lacks real-world examples of the firm’s problem-solving approaches. getAbstract recommends this book to managers seeking useful information and problem solving techniques.

Take-Aways

  • The McKinsey & Co. consulting firm promotes clarity of thought and expression. Every document uses the MECE rule: mutually exclusive and collectively exhaustive.
  • When tackling a problem, write an initial hypothesis.
  • A wonderful business solution is useless if the company lacks the resources to follow the advice.

About the Author

Ethan M. Raisel worked for McKinsey & Company from 1989 to 1992. His clients at McKinsey included major financial, telecommunications, technology, and consumer goods companies. He has a bachelor’s degree from Princeton and a master’s of business administration from Wharton. He lives in Chapel Hill, North Carolina.


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