The McKinsey Mind: Understanding and Implementing the Problem-Solving Tools and Management Techniques of the World's Top Strategic Consulting Firm

Ethan M. Rasiel

Physical

In Circulation

The First Step-by-Step Manual for Achieving McKinsey-Style Solutionsand Success

McKinsey & Co. is renowned throughout the world for its ability to arrive at sharp, insightful analyses of its clients' situations then provide solutions that are as ingenious as they are effective. McKinsey succeeds almost as well as shielding its revolutionary methods from competitors' scrutiny.

Now, The McKinsey Mind pulls back the curtain to reveal the ways in which McKinsey consultants consistently deliver their magic and how those methods can be used to achieve exceptional results in companies from 10 employees to 10,000. Packed with insights and brainstorming exercises for establishing the McKinsey mind-set, this book is an in-depth guidebook for applying McKinsey methods in any industry and organizational environment.

Taking a step-by-step approach, The McKinsey Mind looks at the McKinsey mystique from every angle. Owners, executives, consultants, and team leaders can look to this comprehensive treatment for ways to:

Follow McKinsey's MECE (mutually exclusive, collectively exhaustive) line of attack

Frame business problems to make them susceptible to rigorous fact-based analysis

Use the same fact-based analysisin conjunction with gut instinctto make strategic decisions

Conduct meaningful interviews and effectively summarize the content of those interviews

Analyze the data to find out the "so what"

Clearly communicate fact-based solutions to all pertinent decision makers

Capture and manage the knowledge in any organization to maximize its value

Because organizational problems rarely exist in a vacuum, The McKinsey Mind discusses these approaches and more to help you arrive at usable and sensible solutions. It goes straight to the sourceformer McKinsey consultants now in leadership positions in organizations throughout the worldto give you today's only implementation-based, solution-driven look at the celebrated McKinsey problem-solving method.

What will you learn from this book

  1. Structured Problem-Solving Approach: Emphasizes the importance of structured problem-solving methodologies, such as the McKinsey 7S Framework or MECE (Mutually Exclusive, Collectively Exhaustive), to analyze and solve complex issues.

  2. Fact-Based Decision Making: Advocates for decision-making based on data, facts, and thorough analysis rather than intuition or personal opinions.

  3. Hypothesis-Driven Approach: Encourages developing hypotheses and testing assumptions to derive insights and solutions before reaching conclusions.

  4. Client-Centric Focus: Stresses the significance of understanding and meeting client needs by delivering tailored and impactful solutions.

  5. Clear Communication: Emphasizes the importance of clear, concise, and effective communication in presenting findings, recommendations, and action plans.

  6. Team Collaboration and Engagement: Encourages collaboration and engagement within teams, leveraging diverse perspectives and expertise to generate innovative solutions.

  7. Structured Communication Structures: Utilizes frameworks like the Pyramid Principle for clear and logical communication in written and verbal presentations.

  8. Strategic Problem Framing: Focuses on framing problems effectively to ensure that efforts are directed toward solving the root cause rather than symptoms.

  9. Implementation and Execution: Highlights the importance of effective implementation strategies to ensure successful execution of recommended solutions.

  10. Continuous Learning and Improvement: Promotes a culture of continuous learning and improvement, refining problem-solving skills and techniques over time.

Language English
ISBN-10 0070583951
ISBN-13 9780070583955
No of pages 240
Font Size Medium
Book Publisher Tata Mcgraw-Hill
Published Date 01 Jul 2017

About Author

Author : Ethan M. Rasiel

1 Books

Related Books