Summary of Ethan M. Rasiel's The McKinsey Way

By IRB Media

Get the Summary of Ethan M. Rasiel's The McKinsey Way in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: It's been called "a breeding ground for gurus." McKinsey & Company is the gold-standard consulting firm whose alumni include titans such as "In Search of Excellence" author Tom Peters, Harvey Golub of American Express, and Japan's Kenichi Ohmae.

When Fortune 100 corporations are stymied, it's the "McKinsey-ites" whom they call for help. In THE MCKINSEY WAY, former McKinsey associate Ethan Rasiel lifts the veil to show you how the secretive McKinsey works its magic, and helps you emulate the firm's well-honed practices in problem solving, communication, and management.

• Language: English
• Publisher: IRB Media
• Release date: Dec 3, 2021
• ISBN: 9781669340591

IRB Media

With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

Book preview

Insights on Ethan M. Rasiel's The McKinsey Way

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 1

#1

The first part of this book teaches you how the McKinsey firm thinks about business problems, and how to approach them. It will also teach you a few rules to live by when attempting to solve them.

#2

The first step of the problem-solving process is to define the problem. It is important to be as specific as possible when defining a problem, as this will help you come up with a solution that is tailored to your situation.

#3

Problem solving at the firm begins with gathering facts. You must not fear the facts, but instead use them to your advantage.

#4

The -> is a place for everything, and everything in its place. -> The magical category is a place for everything, and everything in its place.

#5

The initial hypothesis is a