Audible Audio Edition
Listening Length: 5 hours and 13 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: McGraw-Hill Education
Audible.com Release Date: October 16, 2012
Whispersync for Voice: Ready
Language: English
ASIN: B009RCHMLC
Best Sellers Rank: #20 in Books > Business & Money > Small Business & Entrepreneurship > Consulting #107 in Books > Business & Money > Biography & History > Company Profiles #157 in Books > Audible Audiobooks > Business & Investing > Leadership & Management
This book is more talk and no walk. The book itself does not detail anything new and is very similar to their previous book (The McKinsey Way). Infact the authors themselves (in the introductory section of the first chapter) mention that they cannot delve into McKinsey methodologies, but have gone on to describe methodologies that are _like_ the ones used at McKinsey.If you have read the contents page, you have read the book (this may sound harsh, but its true). Also the book is brand leveraged and does not even talk about the McKinsey ways. All the authors do, is interview some ex McKinsey consultants and get high level opinions from them. Extremely superficial read.Do yourself a favor - go get a quantitative business analysis book like:1. Quantitative Business Analysis: Text and Cases by Bodily, et al2. Quantitative Analysis for Management by Bonini, et al- and you will have learnt much more than this book can offer. You can then realize what you learnt into daily decision making.Not recommended. Save your money.
For MBAs or others interested in getting a peek inside McKinsey & Company, just read Rasiels previous book, the McKinsey Way. With some experience working as an Associate (consultant) in New York office, he is eloquent in pointing out the basic consulting skills and some nice-to-have insights into how McKinseyites work. Actually I would recommend Pyramid Principles by Barbara Minto for any MBA student trying to understand how McKinsey consultants think and reason (it will help you in job interviews too), though it is not very reader-friendly and may take you quite some work to understand it.I agree with a previous reviewer that there are no additional insights on how McKinsey works. I would say Rasiel tried but failed miserably. Like a two-year GE manager trying to describe how Welsh ran GE, Rasiel bit off more than he could chew by trying fathom how McKinsey partners or senior people work and run the firm. 60% of his comments are totally wrong and the worst thing is it would be difficult for outsiders to tell which is right from wrong. Rasiel also tried to stay very high-level and common sensical which basically made most of the book useless.Skip this one. Dont waste your time and money.
In the introduction the authors cite three McKinsey alums (those that left McKinsey to pursue other careers) who became famous in the biz world: one of them is Jeff Skilling, the ex-CEO of Enron who lied without blinking at Congress hearings!I work as a member of the CSS at the McKinsey NYO and find that the book won't help you a bit whether you are looking to find a job at McKinsey, looking to enhance your position at the firm (and thus to avoid getting "counseled out"), or just wanting to learn how "the Firm" discovers magic pills for corporate diseases. The book follows the same hollow structure as Rasiel's first book and is half a rip-off of McKinsey's BCR training program (plus the ILW and some from the ELW) and half useless interviews with McKinsey alumni who boast after they received the latter end of the "up-or-out" policy they were able to show how inferior their new employers were on the management IQ scale. If you want concrete case studies -- which is why I picked up the book -- it contains none. It does contain more words than the "McKinsey Way" book, but nothing that will set fire to your imagination or career or profits.
Ok, everyone wants to know how McKinsey does it. Works with leading companies, drives corporate strategy, has great influence and often wind up CEOs in their own right.Unfortunatley this book does not deliver in any depth in my opinion. It is more of a casual conversation about McKinsey, how great it is with breif discussions of how they work.Notions such as 'always involve your client' and 'recognize that you may not always have great data' are obvious and not worth the price of the book -- even if you purchased it used -- which I did.If you really want to know how the McKinsey mind works I heartly recommend K. Ohmae's "The mind of the strategist" Ohmae was Mr. Strategy at McKinsey and his book really shows you what's in the mind of this influencial company and its consultants.The two who authored this book, are really trading on McKinsey's name, brand and reputation. Its a shame and do not be lured in by the title, read Ohmae's book.
Nothing new in the book.This book is very similar to the first (the McKinsey Way) - more fluff and nothing concrete. Ah! "structure your study", "gather data and interpret it correctly" , ... come on.. anybody knows that! How else does one come to conclusions (other than fact based, structured reasoning). If you have read the contents page you have read the book! (This may sound harsh, but seriously its true!)The authors themselves mention the fact that they cannot detail McKinsey's techniques and go on to detail their own methodology "BASED" on the McKinsey methodologies. We don't need teasers and brand leveraged superficial mumbo-jumbo. Facts - these guys need to walk their talk! (Read the "About Confidentiality" section in the "Introduction" chapter).Not recommended!
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