Mece mckinsey way book

I went to a top business program, got good grades, read all the case interview books and learned to apply all the frameworks they teach. Using the techniques of the worlds top strategic consultants to help you. Penetrate the mckinsey mystique and learn the secrets of the worlds most sought after consulting firm. The author explains that the solution of the problem needs to be factbased facts are friendly, rigidly structured mece mutually exclusive, and hypothesisdriven solve the problem at the first meeting. Barbara minto was with the firm for only 10 years, but the mark she left is permanent. The mckinsey way of thinking about business problems the. Using the techniques of the worlds top strategic consultants to help you and your business first printing by rasiel, ethan isbn.

Its a very helpful tool that can help ensure that you do not neglect any aspect of a problem. Mece is a principle used by management consulting firms to describe a way of organizing information. Mece framework mckinsey mece, pronounced me see, an acronym for mutually exclusive and collectively exhaustive, is a popular mantra at mckinsey. You will probably like this book if you fall into one of these categories. I get it, structure thinking, mece, problem solving, those are awesome tools for the. The mckinsey way of thinking about business problems.

Meceis a sine qua non of the problemsolving process at mckinsey. Oct 07, 2015 the firm is an not just an exhaustive coverage of mckinsey s history from birth till date but also covers the evolution of the consulting industry. These are the notes that i took when reading the book. Lets apply the principle of mece to learning about mece itself, well separate it out into its own two components and then look at each component in detail.

Mece pronounced me see is principle often used by management consulting firms such as mckinsey to describe a way of organizing information that is mutually exclusive, collectively exhaustive. The mckinsey way key takeaway from this book is, there should be structure in your thinking, analysis and communication for effective problem solving. In this part of the book, the author shares how mckinsey and management consulting in general solutions are fact based, rigidly structured, and hypothesis driven. I based this book on my own experience as a mckinsey associate from 1989 to 1992. You can use the mece framework to help you think clearly about a business problem. The mece principle suggests that to understand and fix any large problem, you need to understand your options by sorting them into categories that are. When we do cases with candidates, even our own clients, what always surprises us is how messy their hypotheses can be.

In the bestselling the mckinsey way i, ethan raisel provided a throughthekeyhole perspective on the way this worldwide consulting institution approachesand solvesthe myriad professional problems encountered by its highpowered clientele. Mece is a way of segmenting information into subelements that are mutually exclusive and collectively exhaustive. Jun 04, 2010 mece is widely used by management consultants. Jun 03, 2015 if the board wanted to sign a player to score lots of goals, your analysis would have been unsatisfactory, both from a mece perspective and from the perspective of the soccer clubs objective of scoring more goals. The mece principle mutually exclusive, collectively exhaustive is used every single day by mckinsey, bcg and bain consultants to structure their clients problems just like you see in case. Lets walk through a simple way to use mece, a list of nine items. The way is quite simple and obvious to experienced consultants. Problem solving requires you to be fundamentally skeptical about everything why is something done this way. Buy a cheap copy of the mckinsey way book by ethan m.

Julie bick, bestselling author of all i really need to know in business i learned at microsoft. Sep 26, 2001 this book which i keep calling the minkey mind after peter sellers character in the pink panther is an illuminating view into the brainwashing and mckinsey speak that many of americas ceos and consultants spout without much forethought. A simple way to think about mece from a trip to the grocery story. Rasiel and 20,000 other business, leadership and nonfiction books on getabstract. Very beautifully gives layman a glimpse of consulting. Mece, pronounced me see, an acronym for mutually exclusive and collectively exhaustive, is a popular mantra at mckinsey. There is a strong preference for organizing that data in a manner that is mece. Rasiel, provides a throughthekeyhole perspective on the way this worldwide consulting. The mckinsey mind understanding and implementing the. In todays post we will explain the steps to build hypotheses in a more effective, methodical and, for a lack of a better word, a more mece mutually exclusive and collectively exhaustive way when we do cases with candidates, even our own clients, what always surprises us is how messy their hypotheses can be. The cornerstone for getting inside the mckinsey mind is the mece pronounced mesee mantra an acronym that stands for mutually exclusive, completely exhaustive. Welcome,you are looking at books for reading, the the mckinsey way, you will able to read or download in pdf or epub books and notice some of author may have lock the live reading for some of country. The mece muse and millions of other books are available for instant access. The mckinsey way a strong primer on problem solving david.

It also helps to enforce clarity of thinking and can dispel ambiguity. Recently, i was fascinated by the subject of consulting, and decided to master the subject by reading the best books ever written on that subject. Mece stands for mutually exclusive and collectively exhaustive. This will give us a thorough understanding of the core principle itself and make it easy for you to apply in any problem structuring situation. First published in book form more than 40 years ago, its lessons are still.

Feb 01, 1999 i would read the best 5 books written on that subject. In other words, elements should exclude each other, i. Mece stands for mutually exclusive and collectively exhaustive 1. In addition, this book will give any executive who works with management consultants, whether from mckinsey or elsewhere. Partners at mckinsey, bcg or bain will often tell their team i looked at what youve done. Nov 21, 2009 we use your linkedin profile and activity data to personalize ads and to show you more relevant ads. Enlivened by witty anecdotes, the mckinsey way contains valuable lessons on widely diverse topics such as marketing, interviewing, if more business books were as useful, concise, and just plain fun to read as the mckinsey way, the business world would be a better place. In part i, ethan rasiel explains the mckinsey way of thinking about business problems. While its not exactly clear who coined the phrase mece, one of the definitive books on logical problem solving and problem structuring is barbara mintos the pyramid principle. Grammatical mistakes abound and some of the content could do with its own medicine mece.

And anyone looking for survival tips in the jungle of todays business world can benefit from doing things the mckinsey way. Classic strategy tools mckinseys mece framework eloquens. Mckinsey is the 800pound gorilla on the consulting block. If youre looking for a free download links of the mckinsey way pdf, epub, docx and torrent then this site is not for you. Also here is an early academic article on the topics. Mece is a sine qua non of the problemsolving process at mckinsey. Using the techniques of the worlds top strategic consultants to help you and your business. Jan 30, 20 mece stands for mutually exclusive and collectively exhaustive and is one of the hallmarks of problem solving at mckinsey the mckinsey way by ethan m. Are there better books than the mckinsey way about how top. The first female mba professional hire our firm ever made, barbara is best known for the minto pyramid principle, her immortal framework for writing and presenting ideas. In fact it seems to have acquired the status of holy writ. In todays post we will explain the steps to build hypotheses in a more effective, methodical and, for a lack of a better word, a more mece mutually exclusive and collectively exhaustive way.

The mckinsey way book where the method and its application at mckinsey is described in detail. And this doesnt refer to the hours youll be working as a consultant. It takes you through the high profile management consulting world where a 50yr old ceo of a fort. Oct 16, 2017 building your brain for success with legendary neuroscientist v. The mece principle is useful in the business mapping process wherein the optimum arrangement of information is exhaustive and does not double count at any level of. Mece, pronounced me see, is a concept commonly used at top consulting firms to talk about the approach consultants use to solve problems. Her book, the mece muse is an awardwinning finalist in the business. The mckinsey way is a book that you either like or dislike. This book s worth reading if you are a consultant or wish to become one. However, because the author and other mckinsey consultants are prohibited by confidentiality agreements from discussing the specifics of their cases, the book lacks realworld examples of the firms problemsolving approaches. Is there any approach that is mece on how to analyze levers for sales growth. Whenever any new problem comes to mckinsey, how it approaches the problem and the way they do that is this solution will be based on facts it would be rigidly structured and then it will be hypothesis driven. The mece principle, pronounced mesee, is a grouping principle for separating a set of items into subsets that are mutually exclusive and collectively exhaustive. This book has great ideas, but it takes some effort to parse.

Learn how to apply it in your case interviews with this mini tutorial. Everyday low prices and free delivery on eligible orders. An analysis of mece by tim van gelder of the university of melbourne. This is just for personal use and definitely noncommercial. Aug 11, 2015 the mece framework handling problems the consulting way posted on august 11, 2015 by sindre bergersen leave a comment there are several ways to dive into a problem, but only a handful of them will be actually helpful in getting you closer to good answers. With the facts and mece issues, generate your initial hypothesis. The mece framework handling problems the consulting way. Mece a guide to the mece principle with applied examples mece is a best practice method to lay down a robust structure for your case interview. On my own way to learn and experience, i have found and read a lot of books in this interesting area.

Jun 12, 2016 for those who do not have much time to spare and looking for a summary of the book, i have compiled my notes here. More importantly though, its used day in and day out by all the leading consulting firms. Mece is a method of grouping information into elements that are mutually exclusive me and collectively exhaustive ce. Dont expect the mystique and dark secrets of mckinsey to be revealed. We use your linkedin profile and activity data to personalize ads and to show you more relevant ads. The style of the book is a little frivolous for my liking in places. You are looking for a fun, easy read that will teach you more about management consulting in general. Access a free summary of the mckinsey way, by ethan m.

Mece a guide to the mece principle with applied examples. You want to become a management consultant at one of the worlds most prestigious consultancies e. Having spent six years as a management consultant, i found myself. The mece principle is a helpful structuring framework that mckinsey consultants use daily. 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 firms wellhoned practices in problem solving, communication, and management. Working at mckinsey or for a mckinsey boss often requires dealing with large amounts of information. Thinking mece mutually exclusive and collectively exhaustive helps to avoid jumping to premature conclusions and restricting ones array of options because mece thinking forces the consultant to take. Lets apply the mece principle to quora company as an example. Ive created an internal training course for our team to share its principles in a more structured way. This books worth reading if you are a consultant or wish to become one. The mece principle, pronounced mesee, is a grouping principle for separating a set of items into subsets that are mutually exclusive me and collectively exhaustive ce. The concept of mece was brought into the world by barbara minto, who worked at mckinsey in the 1960s and 1970s.

The playbook of how to become a great worldclass business consultant, the mece muse is the 2018 winner of the international book award in business careers and 2017 winner of the uk wishing shelf independent book award. When fortune 100 corporations are stymied, its the mckinsey ites whom they call for help. Barbara mintos book the pyramid principle covering the subject. Although they will also be mutually exclusive and completely. Buy the mckinsey mind understanding and implementing the problemsolving tools and management techniques of the worlds top strategic consulting firm by rasiel, ethan, friga, paul isbn. Praise for the mckinsey way if more business books were as useful, concise, and just plain fun to read as the mckinsey way, the business world would be a better place. The author explains that the solution of the problem needs to be factbased facts are friendly, rigidly structured mece mutually exclusive, and hypothesisdriven solve the problem at the first meeting the initial hypothesis. Then youve come to the right place to prepare for your consulting interview and land your dream job. Your mckinsey boss might also ask you to be more mece in your problem solving approach. In the next series of articles, i am going to summarize the main points in the content of the book.

If you manage to get a position at mckinsey, or at any other mbb for that matter, you are likely to have to handle huge amounts of data. I learned an enormous amount in that time, but scarcely enough for me to explain to the world the skills that mckinsey ites use to succeed. Mece gets pounded into every new associates head from the moment of entering the firm. Be the first to ask a question about the mckinsey way. If more business books were as useful, concise, and just plain fun to read as the mckinsey way, the business world would be a better place. In addition, this book will give any executive who works with management consultants, whether from mckinsey or elsewhere, some insight into how these strange beings think. Use features like bookmarks, note taking and highlighting while reading the mece muse. Mece is attributed to former mckinsey employee barbara minto. Download it once and read it on your kindle device, pc, phones or tablets. Dec 24, 2017 5 book recommendations for aspiring and future consultants rocketblocks.

I would read the best 5 books written on that subject. The second part of the book talks on the mckinsey way of working to solve problems i. Each abstract contains an overview of essential ideas from the entire book. While its not exactly clear who coined the phrase mece, one of the definitive books on. There is a good reason why mece is considered to be part of the mckinsey way. To start with, the author introduces the readers to the concept of mece. If the board wanted to sign a player to score lots of goals, your analysis would have been unsatisfactory, both from a mece perspective and from the perspective of the soccer clubs objective of scoring more goals. Mece stands for mutually exclusive and collectively exhaustive and is one of the hallmarks of problem solving at mckinsey the mckinsey way by ethan m. The mckinsey way a strong primer on problem solving. After being hired at mckinsey, she noticed that people around her struggled to write clearly and simply. There is a good reason why mece is considered to be part of the mckinsey way and the mckinsey mind.

Anyone thinking of a career in one of the big 3 or any of the consulting companies in the world should definitely read it. May 20, 2017 foreword again, i am a person who has high passion on management consulting. What are all the ways that quora could generate money. Therefore it need a free signup process to obtain the book. Rasiel, provides a throughthekeyhole perspective on the way this worldwide consulting institution approachesand solvesthe myriad professional problems encountered by its highpowered clientele.