Summary of The McKinsey Mind

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Rating

7 Overall

8 Applicability

7 Innovation

7 Style

Recommendation

Throughout the 1990s, consultants were the kings of business and one firm, McKinsey & Co., reigned above all others. In The McKinsey Mind, Ethan M. Raisel and Paul N. Friga, former McKinsey & Co. consultants, describe the methods that the famed firm uses in improving the performance of its consultants. These techniques, which relate to problem solving, management and communications, combine to produce the equivalent of a basic MBA textbook. But unlike much of your grad-school reading, this one is right on target to address your real-life business executive. As such, getAbstract recommends this book not just for its McKinsey cachet, but for its applicable approaches to business.

In this summary, you will learn

  • The problem-solving and management techniques employed by the consultants at McKinsey & Co.;
  • Tips for improving communications and presentation skills, and
  • How to adopt these methods to improve performance within your own organization.
 

About the Authors

Ethan M. Rasiel was a consultant in McKinsey & Co.’s New York office. Among his clients were major companies in finance, telecommunications, computing and consumer goods. Paul N. Friga worked for McKinsey in the Pittsburgh office. His projects related to international expansion, acquisition and strategic planning, education, water, and other industries. He is Acting Director at the North Carolina Knowledge Management Center at the University of North Carolina.

 

Summary

Making Decisions the McKinsey Way
McKinsey & Co., founded in 1923, has become one of the world’s most successful strategic consulting firms.

It has 84 offices around the world and employs 7,000 professionals from 89 countries. It has consulted with over 1,000 clients...

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