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Research on McKinsey’s origin story, business model, and competitive position, prepared ahead of Jesse Pujji’s conversation with Romeen for Business Breakdowns podcast.
Colossus • Business Breakdowns Research: McKinsey
Most companies suck at solving problems
So they pay McKinsey $500K+ to do it for them
Here’s their 7-step problem-solving framework (for free):
At the most abstract level, McKinsey develops solutions to clients’ strategic problems and, possibly, aids in the implementation of those solutions.
Ethan M. Rasiel • McKinsey Mind
But the company is able to crank out high-quality work year after year because its core capabilities are rooted in its processes and values rather than in its resources. I sense, however, that these capabilities of McKinsey also constitute its disabilities. The rigorously analytical, data-driven processes that help it create value for its clients i
... See moreClayton M. Christensen • The Innovator's Dilemma
Business Breakdowns Research: McKinsey
joincolossus.comWhen McKinsey Comes to Town: The Hidden Influence of the World's Most Powerful Consulting Firm
McKinsey-ites call their assignments or projects "engagements." On an engagement, a McKinsey team will search for the "key drivers" in their quest to "add value."