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

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

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 treatments for ways to:

• Follow McKinsey's MECE (mutually exclusive, collectively exhaustive) line of attack
• Frame business problems to make the susceptible to rigorous fact-based analysis
• Use that same fact-based analysis--in conjunction with gut instinct--to make strategic decision
• 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

About the Authors

Ethan M. Rasiel was a consultant in McKinsey & Co.'s New York office. His clients included major companies in finance, telecommunications, computing, and consumer goods sectors. Prior to joining McKinsey, Rasiel, who earned an MBA from the Wharton School at the University of Pennsylvania, was an equity fund manager at Mercury Asset Management in London, as well as an investment banker.

Paul N. Friga worked for McKinsey & Co. in the Pittsburgh office after receiving his MBA from the Kenan-Flagler Business School at the University of North Carolina. He has conducted consulting projects relating to international expansion, acquisition and strategic planning, education, water, and other industries. He has also consulted for Price Waterhouse. He is currently pursuing his Ph.D. in Strategy at Kenan-Flagler and is Acting director of the North Carolina Knowledge Management Center.