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The McKinsey Way
"If more business books were as useful, concise, and just plain fun to read as THE MCKINSEY WAY, the business world would be a better place." --Julie Bick, best-selling author of ALL I REALLY NEED TO KNOW IN BUSINESS I LEARNED AT MICROSOFT. "Enlivened by witty anecdotes, THE MCKINSEY WAY contains valuable lessons on widely diverse topics such as marketing, interviewing, te...more
Hardcover, 187 pages
Published
February 1st 1999
by McGraw-Hill Companies
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Penulis buku ini berusaha untuk mengemukakan seperti apa pola pikir dan metode pemecahan masalah yang digunakan dalam sebuah perusahaan konsultan manajemen sekelas McKinsey. Ini tema yang menarik, namun sayangnya materi yang disampaikan oleh penulis terasa kurang menarik dan cukup banyak yang sudah diketahui lewat kuliah ataupun berdasarkan common sense.
Permasalahan lain dari buku ini adalah perbedaan jaman yang sudah cukup jauh. Saat buku ini diterbitkan (1999), perkembangan internet belum sema...more
Permasalahan lain dari buku ini adalah perbedaan jaman yang sudah cukup jauh. Saat buku ini diterbitkan (1999), perkembangan internet belum sema...more
This is basically the Bible at my job for managers. I read it because I've been craving some sort of business/management/leadership advice, and work wasn't filling the craving all the way.
The McKinsey Way tells about the specific methods McKinsey Consulting uses when solving business problems, how to deal with clients and travel and how to manage your life while you're doing it.
I'm an engineer, so I went to school to learn how to solve problems, and have been working solving business problems b...more
The McKinsey Way tells about the specific methods McKinsey Consulting uses when solving business problems, how to deal with clients and travel and how to manage your life while you're doing it.
I'm an engineer, so I went to school to learn how to solve problems, and have been working solving business problems b...more
Business problems are known to be higly complex and organic. The McKinsey Way highlights how simple methods can be and infact are deployed to crack the complexity of business problems. The book explains how to start, where to start, how to approach, how to arrive at conclusion and where to compromise and how to make your suggestions acceptable to the clients.
Ethan's simple and lucid illustration, logical structure makes the book an easy read. The book is like a consulting bootcamp that teaches...more
Ethan's simple and lucid illustration, logical structure makes the book an easy read. The book is like a consulting bootcamp that teaches...more
This is must for all MBA students. The book provides a great insight to what and how things are done in one of the greatest consultancy firm in the whole world.
Ethan being one of the former employees brings in his book, the same level of quality that is there in McKinsey. This is, clear and well structured, mutually exclusive, to the point & concise. The book is structured in 5 parts, first 3 says, how to approach a problem, work on it and then sell it to client.(however Ethan repeatedly say...more
Ethan being one of the former employees brings in his book, the same level of quality that is there in McKinsey. This is, clear and well structured, mutually exclusive, to the point & concise. The book is structured in 5 parts, first 3 says, how to approach a problem, work on it and then sell it to client.(however Ethan repeatedly say...more
This is the first book I started my digging into consulting industry with - and I think I made the right choice. A very fast and easy reading, I'd say even fascinating. Great for the starters, to give you a general insight into the industry and how it works. Actually, I guess anyone in business management/corporate world would find something useful to get out of it. Some really helpful advise and tips.
It helped me understand what I really want to do, and where to start. That being said, I'll pr...more
It helped me understand what I really want to do, and where to start. That being said, I'll pr...more
This is the most worthless book ever written. Some of the McKinsey wisdom:
Put charts in you presentations to display data. Really!?
A good assistant is priceless. I was thinking of someday getting an awful one.
Don't become a work-a-holic? hmmmm.....
Every problem has 3 causes and 3 solutions. That would make solving problems easier. If only it were true! That's not how you solve problems, that's how you sell solutions to clients! Consultants suck.
I hope for nobody else to waste their money on this...more
Put charts in you presentations to display data. Really!?
A good assistant is priceless. I was thinking of someday getting an awful one.
Don't become a work-a-holic? hmmmm.....
Every problem has 3 causes and 3 solutions. That would make solving problems easier. If only it were true! That's not how you solve problems, that's how you sell solutions to clients! Consultants suck.
I hope for nobody else to waste their money on this...more
This is a good book explaining how McKinsey people think, it's MACE [Mutually Exclusive, Collectively Exhaustive:]. I don't care what other reviewers are saying, I think the author does his job well. Based from his struggle and hard work in one of McKinsey's office, he has the right to say "Hiding from the fact is a recipe for failure, because eventually, truth will emerge". I think you can't call yourself an intellectual if you don't think McKinsey as challenging, so stop hiding from the fact.
Interesting, very readable. I actually read this to try and understand the CEO at my company a bit more since he used to work for McKinsey. I'm not sure I quite got that far, but I actually picked up some tips on how to approach big business problems and think about presenting them more concisely. I am definitely interested in reading more.
My only criticism would be that there wasn't enough detail, I would have actually liked a bit more meat.
My only criticism would be that there wasn't enough detail, I would have actually liked a bit more meat.
Summary in 3 points:
1. This is a very light book to get to know how people in management consultancy (M.C.) (e.g. McKinsey) proceed with the projects/problems (analyse, solve, propose);
2. Many methods/frameworks are applicable to other areas, thus could be pretty useful even for everyday life;
3. Lack of depth and details. If you want to prepare for interviewing with McKinsey, or to know M.C. in depth, this is not the right one.
1. This is a very light book to get to know how people in management consultancy (M.C.) (e.g. McKinsey) proceed with the projects/problems (analyse, solve, propose);
2. Many methods/frameworks are applicable to other areas, thus could be pretty useful even for everyday life;
3. Lack of depth and details. If you want to prepare for interviewing with McKinsey, or to know M.C. in depth, this is not the right one.
Essentially doesnt offer too much insight into the tools that make McConsulting so valued. However, it is a very simple read touting the basic tenets of problem solving, the lifestyle of a consultant, the "firm"'s ethos touched upon on a superficial basis. Takeaways...MECE, information flow, doing the best one can within time and resource limits, hypothesis driven approaches etc.
cukup memberikan gambaran umum bagaimana rasanya bekerjan di perusahaan konsultan nomer satu di dunia. beberapa bagian cukup menjelaskan budaya yang dimiliki perusahaan. tapi sayang.. rasanya bakal lebih bagus lagi kalau disertai dengan contoh kasus yang dihadapi. kasusnya sendiri bisa disamarkan nama klien dan nama penanggung jawabnya buat ngejaga kerahasiaan perusahaan
"Fact-based, structured thinking combined with professional integrity will get you on the road to your business goals. The rest derives from that. Go and learn."
My favorite lessons:
1. Don't boil the ocean.
2. Find the key drivers.
3. Pluck the low-hanging fruit.
Favorite acronym: MECE (mutually exclusive, collectively exhaustive)
My favorite lessons:
1. Don't boil the ocean.
2. Find the key drivers.
3. Pluck the low-hanging fruit.
Favorite acronym: MECE (mutually exclusive, collectively exhaustive)
Ethan has tried to showcase the way in which the consulting firm work and hopes that it will be useful for the readers. As of my opinion, it is a good book for beginners into a consulting work, but not so good for experiences people. But yes, he points out the main mistakes which we make and should helps in avoiding them in future.
To be clear, this book is not meant for those aspiring to be consultants. This is a superficial, broad book full of generalities and unsupported arguments. This effort serves as nothing more than blatant advertising for McKinsey. Unfortunately, it falls flat and leaves much to be desired. I doubt McKinsey would give this material out for free; to purchase this book would be a sin no one should commit.
Interesting insight into life as a consultant at McKinsey. Read more as if it were a how-to manual for consultants entering McKinsey than a very practical methodology of applying McKinsey principles to your business. Would categorize it as a career guide more than a management book.
Overly simplistic. It reads like a love letter to McKinsey, rather than a useful cross section of their methodology and culture. Some useful information (MECE, the McKinsey brainstorming methods). Otherwise, most of the fruitful information that you glean is incidental.
This is a book about critical reasoning: the McKinsey way is systematic. No wonder McKinsey recruits at top universities, and will talk to philosophy majors. I will recommend it to students who get excited about "business," and need inspiration to learn to think.
I liked the explanation of MECE - a much cleaner version of the "Have we got everything?" I like the emphasis on fact-based solutions - I've seen a number of clients attempt to solve the symptom because they choose not to adress the underlying problem.
This book could be your preliminary coursework on How to be a Consultant?
Very lucidly written and replete with example from the company itself this book is indispensable if you want to know the life about the life of a consultant.
Very lucidly written and replete with example from the company itself this book is indispensable if you want to know the life about the life of a consultant.
McKinsey waits for the phone to ring. It makes sure it will hapen withou making any advertsing. MECE, mutually exclusive, collectively exhausting.
Mar 23, 2013
Bhavya Sharma
added it
Very clear and well structured. Learned more than expected: i.e. not only about the firm, but also about practical and universel business techniques.
A must-read book on strategic frameworks for knowledge workers and entrepreneurs.
Excellent read for analysts, consultants, or people thinking about going into knowledge work.
A Management Consultants Bible...
Apr 11, 2011
Dane
added it
Excellent! Very easy read!
Great book! It shows how consultancy industry works!
Aug 08, 2011
Julian
added it
Very
There's nothing ground breaking here for anybody who has worked in consulting, but most of the advice and approaches are still as relevant now as when the book was first published.
Книги от действующих и бывших партнёров McKinsey подобны огню принесённых Прометеем для людей из Олимпа, и эта не исключение.
McKinsey это одна из колыбелей где рождаются и задаются стандарты ведения и управления бизнес процессов и бизнеса в целом.
Эта книга будет очень полезна не только для людей и компаний, которые работают в консалтинговом бизнесе. Знания, принципы, ценности и методы роботы одной из самых известных консалтинговых компаний можно и обязательно нужно перенести в свой бизнес.
McKinsey это одна из колыбелей где рождаются и задаются стандарты ведения и управления бизнес процессов и бизнеса в целом.
Эта книга будет очень полезна не только для людей и компаний, которые работают в консалтинговом бизнесе. Знания, принципы, ценности и методы роботы одной из самых известных консалтинговых компаний можно и обязательно нужно перенести в свой бизнес.
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