CaseInterview.com

FEBRUARY 10, 2021

A couple of weeks ago, McKinsey settled a major lawsuit regarding the firm’s work with the manufacturer of OxyContin — one of the key drugs in the opioid crisis that has claimed many lives. First, I’m beyond disappointed in McKinsey’s role in furthering the opioid epidemic. What I think McKinsey did was worse.

McKinsey 75

McKinsey Ethics Culture Analysis 75

Tom Spencer

SEPTEMBER 24, 2022

They constantly seek out new information and find creative ways to incorporate it into their work. Some podcasts I would highly recommend include: Strategy Skills Podcast – This is a great podcast where industry experts and partners from consulting firms like BCG and McKinsey share tips, tools, and techniques around problem-solving.

McKinsey 88

McKinsey Industry Accenture Trends 88

Management Consulted

OCTOBER 8, 2017

Whether you’ve been casing for months, or just started yesterday, it always helps to get some expert guidance along the way. That’s why today, we’re bringing you the most high-level McKinsey Case Interview Tips we can. The post McKinsey Case Interview Tips appeared first on Management Consulted.

Case Interview 100

Case Interview McKinsey Interviews Consulting 100

CaseInterview.com

MAY 26, 2023

Management Consultants help businesses make strategic decisions that directly impact the entire company. They evaluate issues that the client is facing and help them develop action plans for improvement. C onsultants can offer an outside, unbiased perspective to the problem and devote their full attention to solving it.

Management 105

Management Consulting Bain Deloitte 105

The Consultants Peer Group

NOVEMBER 17, 2023

McKinsey, fined nearly $1bn for their involvement with opioid ‘crisis.’ Another one stung more, “A consultant is one who knows 50 ways to make love and doesn’t have a lover.” Another one stung more, “A consultant is one who knows 50 ways to make love and doesn’t have a lover.” Not really funny to a practitioner.

Management 52

Management Consulting Ethics How To 52

Management Consulted

AUGUST 28, 2016

Do you need to have an MBA to break into McKinsey? The short answer is no – you do not have to have an MBA to break into McKinsey. Didn’t Michael Wolf, former Director of McKinsey’s Global Media & Entertainment Practice, do it with a BA in international politics from Columbia? and others were experts in their field.

McKinsey 100

McKinsey Recruiting Recruitment Case Interview 100

Successful Independent Consulting

AUGUST 24, 2022

When we are perceived that way, corporate procurement and HR departments will consider us for more substantial projects, be more likely to hire us as independent contractors on a 1099 tax basis, and may pay higher rates. Some of us began our careers at consulting firms such as McKinsey or Deloitte. We are our own boss.

Consulting 195

Consulting Intellectual Property Deloitte Accenture 195

CaseInterview.com

SEPTEMBER 8, 2020

One of the ways to have power and influence in an organization is to become a trusted advisor to someone in a position of power. The fastest way to build trust and a deeper relationship is when the other person is in a crisis. The fastest way to build trust and a deeper relationship is when the other person is in a crisis.

McKinsey 66

McKinsey Development Policies Course 66

Clarity Consultants

DECEMBER 6, 2021

While companies can certainly use their own approach, customizing a strategy to align with their needs and preferences, that isn’t always the easiest way to get a grip on change. Instead, beginning with one of the most-used change management models can be a simpler way to start. McKinsey 7-S Model. ADKAR Change Management Model.

Change Management 106

Change Management Management McKinsey Training 106

Management Consulted

FEBRUARY 16, 2014

Today, we continue our series of book reviews with a look at The McKinsey Way , a book written by a former Associate at McKinsey, Ethan M. Rasiel, who is also the co-author of The McKinsey Mind. Does The McKinsey Way deserve that lower rating? The McKinsey way of working to solve business problems.

McKinsey 213

McKinsey Case Interview Interviews Consulting 213

Management Consulted

APRIL 27, 2014

We’ve tailored 100s of answers to fit our client’s individual backgrounds and needs, so we finally decided to be super nice and share 4 of the most common techniques we’ve recommended. Start your own business. . What will you learn from starting a business that will help you prepare for consulting? Size its market.

Development 205

Development Consulting Boston Consulting Group McKinsey 205

Management Consulted

JULY 10, 2016

The following 7 categories of people have 8 days left to apply at McKinsey for a full-time position (provided they finish their programs in 2017/2018): PhDs. For most aspiring consultants, McKinsey is the gold standard. MC is here to help you every step of the way. *We’re Non-MBA Master’s. Medical students.

McKinsey 100

McKinsey Case Interview Interviews Resumes 100

The Consultants Peer Group

SEPTEMBER 28, 2023

I started this series to help you discover five ways to raise your consulting game. This week this article was picked up in my news feed “ Consulting Firm McKinsey to pay $230 million in latest US opioid settlements ” primarily to local governments and school districts. I propose the second way herein.

Ethics 52

Ethics Consulting McKinsey Methodologies 52

Management Consulting Prep

MARCH 25, 2020

Management Consulting Resume McKinsey Consulting Resume Template: Official Version The easiest way to get your consulting resume eliminated within 10 seconds is by using the wrong template! As a former McKinsey screener, I discarded many “creative” resumes without even reading what was written.

Resumes 52

Resumes McKinsey Consulting Management 52

On the Brink Podcast

MARCH 22, 2021

He is Director at The College of Extraordinary Experiences, a Coach at McKinsey & Company, and posts a daily innovation keynote on his YouTube channel. He is Director at The College of Extraordinary Experiences, a Coach at McKinsey & Company, and posts a daily innovation keynote on his YouTube channel.

McKinsey 84

McKinsey Company How To Change Management 84

CaseInterview.com

NOVEMBER 17, 2019

One of the first lessons every first-year at McKinsey is taught is the difference between a fact and an opinion. The worst thing you could do at McKinsey was present an opinion as if it were fact. In other words, it’s a big freakin' deal at McKinsey to get facts and opinions mixed up. Here’s why. an opinion.

McKinsey 87

McKinsey Data Analysis Policies 87

Steve Shu Consulting

NOVEMBER 19, 2017

By way of background, I have long history in the consulting space and believe that effective communications separates leaders from the pack. So what do I think about “The So What Strategy” by Davina Stanley and Gerard Castles (formerly communications specialists at McKinsey & Company)?

Strategy 150

Strategy Strategy Strategy& Handbook 150

CaseInterview.com

MARCH 7, 2019

Keep in mind the interview format (especially for McKinsey) has evolved since the time I went through it as a candidate. McKinsey Case. McKinsey Case. What is the profit maximizing way to layout the convenience store and why? McKinsey Case. McKinsey Case. McKinsey Case. What should they do and why?

Case Interview 75

Case Interview Oliver Wyman Interviews Examples 75

CaseInterview.com

MARCH 31, 2022

The trick is to not get in the way of their natural tendencies and to channel their energies in a particular way. You mainly help them de-escalate themselves by: 1) Not making the situation worse; 2) Meeting them where they’re at; and 3) Guiding them to re-direct their bad-day energy in a way that does not harm them or others.

How To 97

How To Energy McKinsey Management 97

CaseInterview.com

FEBRUARY 25, 2020

In client organizations, McKinsey consultants (and especially partners) wield enormous “power” despite not appearing on the client’s org chart, having no budget, and not having any decision-making authority whatsoever. Then, the CEO would look at the McKinsey partner to see what the partner thought.

McKinsey 88

McKinsey Conference Analysis Development 88

Tom Spencer

JUNE 21, 2021

Recently, I came across the book “ The Pyramid Principle ” by Barbara Minto, which gives an in-depth view on a framework that McKinsey consultants use to deliver effective writing. The Pyramid Principle was created by Barbara Minto, the first female MBA hire by McKinsey, who led the Firm’s training in the 70s. Situation (S).

McKinsey 88

McKinsey Construction Trends Industry 88

CaseInterview.com

JANUARY 31, 2022

I was curious to see what education options would be available for her. I remember one of the parents in attendance asked the head of the school for the school’s track record in getting their students into Harvard. I cringed at the words since the students being referred to entered the school at five years old and exited at ten years old.

Culture 121

Culture McKinsey Finance Engineering 121

CaseInterview.com

JULY 30, 2022

The simplest way to make any career decision is to choose the career option that gives you the greatest progress toward your career and/or life goal. There is a best way to explore… and that is to gain exposure to new job functions, industries, or professions and to pay attention to whether or not you like what you discover.

How To 111

How To McKinsey Industry Meeting 111

Management Consulted

FEBRUARY 5, 2017

McKinsey & Company. Yes, the great McKinsey has its headquarters in New York, located at 55 E 52nd St on the 21st Floor. Founded in 1926, McKinsey now has its largest global office in New York with more than 500 consultants. How do we know New Yorkers think the universe revolves around them? Drum roll… 1.

Consulting 157

Consulting Deloitte Bain McKinsey 157

Tom Spencer

JANUARY 6, 2018

Whether I was talking to graduates, MBAs or experienced professionals, as a consulting club president at business school, I was frequently asked the same question, “What is the most efficient and quickest way to transform into a consultant?”. Honestly, this could be one of the toughest questions one can ever answer.

Industry 79

Industry Consulting Oliver Wyman McKinsey 79

Management Consulted

AUGUST 21, 2013

Andy had failed a case interview with one firm but had a confirmed chance with McKinsey London, and he didn’t want to walk away without the offer. Just got off the phone with McKinsey and have been offered an Associate position!!!!!! It made my day when I got his email on the day of his final round: Hey Jenny, I hope all is well.

McKinsey 175

McKinsey Interviews Case Interview Consulting 175

CaseInterview.com

JULY 10, 2023

They have to be acquired in some way, shape, or form. The only ways to learn the skill of managing people are to: 1) Have a role model or mentor that you emulate (e.g., My bosses at McKinsey and in industry were fabulous people leaders and I learned a lot by watching them over many years.); 2) Be taught the skill.

How To 80

How To Engineering McKinsey Survey 80

Tom Spencer

JANUARY 29, 2013

MECE stands for “mutually exclusive and collectively exhaustive” and is one of the hallmarks of problem solving at McKinsey ( The McKinsey Way by Ethan M. The MECE tree diagram is a way of graphically organising information into categories which are mutually exclusive and collectively exhaustive. Leadership.

Consulting 145

Consulting McKinsey Case Interview Groups 145

LSA Global

MAY 6, 2023

Culture Defined and the Corporate Culture Questions to Get Aligned The Cambridge English Dictionary defines culture as “the way of life” of a particular group of people at a particular time. A company’s fundamental beliefs matter most when things go wrong or when the way forward is unclear. What Fundamental Beliefs Guide Our Decisions?

Culture 36

Culture McKinsey Research Leadership 36

Tom Spencer

OCTOBER 22, 2021

For instance, in the lead up to the 2008 Great Recession, McKinsey actively promoted mortgage securitization , alongside EY which was involved with Lehman Brothers’ accounting fraud allegations [pdf]. Economic meltdowns hold important lessons for business consultants. The rise of just-in-time logistics.

Consulting 88

Consulting McKinsey System Efficiency 88

Tom Spencer

OCTOBER 31, 2020

According to Business Insider , the odds of getting hired by McKinsey & Company are less than 1%, although this is not unique to McKinsey. In order to learn from your experiences, and continue accelerating towards your goals, it’s imperative to deal with rejection in a mature way. Reading Time: 4 minutes.

Case Interview 88

Case Interview Consulting Interviews How To 88

Management Consulted

MARCH 29, 2015

Today we get a sneak peek into a former McKinsey consultant’s first year of life at the firm. and asked a few questions about her time at a non-core school, breaking into McKinsey, and her early career to find out what McKinsey life was like for her. And how was the actual recruitment process for you?

McKinsey 100

McKinsey Interviews Case Interview Consulting 100

CaseInterview.com

MARCH 31, 2022

It was the equivalent of sitting behind a one-way mirror (like the kind used for focus groups or police interrogations) and observing our class. I found it fascinating to hear how my female colleagues at McKinsey dealt with working in male-dominated industries, such as oil and gas or industrial manufacturing. I was stunned.

Interviews 124

Interviews McKinsey Meeting Policies 124

Tom Spencer

SEPTEMBER 15, 2023

What does the buzzword ‘business ecosystem’ really stand for? In short, it means that companies are expanding beyond their traditional core products in order to increase opportunities for cross-selling and to boost customer ownership. When it comes to ecosystem building, the stakes are getting extremely high. Not likely.

Telecommunications 88

Telecommunications B2B Travel Banking 88

CaseInterview.com

MARCH 22, 2021

As some of you may know, this is how people in the McKinsey ecosystem refer to McKinsey… they all call it The Firm. I was pretty sure it was not McKinsey, and then it dawned on me that she saw the royal family as a business (a.k.a. I pretty much ignore American and British tabloid media. Markle conveys a narrative of events.

Interviews 76

Interviews Emotional Intelligence McKinsey Culture 76

Wakeman Consulting Group: Dave's Blog

MAY 1, 2023

What’s the fastest way to lose brand equity and pricing power? I read this piece in the NY Times today about comparison shopping for college students. That made me think about price framing and how people don’t use it nearly enough. Let’s start with a graphic. BTW, do y’all find the graphics helpful in explaining things?) Discounting.

McKinsey 52

McKinsey Sales Marketing Comparison 52

CaseInterview.com

OCTOBER 23, 2021

It is also, frankly, an implicit promise of joining a company like McKinsey. There’s a worldview that says the rich people are more important than the poor, the elite are better than the average, and the special are better than the regular. I call this the paradigm of prestige. It’s implicit. I merely perceived it to be reality.

Finance 111

Finance Culture McKinsey Operations 111