Mece mckinsey way book

The way is quite simple and obvious to experienced consultants. The mece muse and millions of other books are available for instant access. The concept of mece was brought into the world by barbara minto, who worked at mckinsey in the 1960s and 1970s. The mece framework handling problems the consulting way. 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. 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. Classic strategy tools mckinseys mece framework eloquens. 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. 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. Ive created an internal training course for our team to share its principles in a more structured way. Lets apply the mece principle to quora company as an example. Her book, the mece muse is an awardwinning finalist in the business.

Also here is an early academic article on the topics. 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. What are all the ways that quora could generate money. 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. Although they will also be mutually exclusive and completely. 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.

There is a strong preference for organizing that data in a manner that is mece. 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 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. Penetrate the mckinsey mystique and learn the secrets of the worlds most sought after consulting firm. This is just for personal use and definitely noncommercial. To start with, the author introduces the readers to the concept of mece.

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. Using the techniques of the worlds top strategic consultants to help you and your business. Dont expect the mystique and dark secrets of mckinsey to be revealed. Its a very helpful tool that can help ensure that you do not neglect any aspect of a problem.

In part i, ethan rasiel explains the mckinsey way of thinking about business problems. Grammatical mistakes abound and some of the content could do with its own medicine mece. It also helps to enforce clarity of thinking and can dispel ambiguity. 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. Dec 24, 2017 5 book recommendations for aspiring and future consultants rocketblocks. 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. Mece gets pounded into every new associates head from the moment of entering the firm. If youre looking for a free download links of the mckinsey way pdf, epub, docx and torrent then this site is not for you. More importantly though, its used day in and day out by all the leading consulting firms. The mece principle, pronounced mesee, is a grouping principle for separating a set of items into subsets that are mutually exclusive and collectively exhaustive. Your mckinsey boss might also ask you to be more mece in your problem solving approach. A simple way to think about mece from a trip to the grocery story. Very beautifully gives layman a glimpse of consulting.

The mckinsey way is a book that you either like or dislike. 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. Feb 01, 1999 i would read the best 5 books written on that subject. 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. Learn how to apply it in your case interviews with this mini tutorial. The style of the book is a little frivolous for my liking in places. Problem solving requires you to be fundamentally skeptical about everything why is something done this way.

Access a free summary of the mckinsey way, by ethan m. Working at mckinsey or for a mckinsey boss often requires dealing with large amounts of information. And anyone looking for survival tips in the jungle of todays business world can benefit from doing things the mckinsey way. Using the techniques of the worlds top strategic consultants to help you and your business first printing by rasiel, ethan isbn. 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. 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. An analysis of mece by tim van gelder of the university of melbourne.

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. Mece is a sine qua non of the problemsolving process at mckinsey. Julie bick, bestselling author of all i really need to know in business i learned at microsoft. Barbara minto was with the firm for only 10 years, but the mark she left is permanent. 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. 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. Mece stands for mutually exclusive and collectively exhaustive 1. The mckinsey way of thinking about business problems the. In fact it seems to have acquired the status of holy writ.

I get it, structure thinking, mece, problem solving, those are awesome tools for the. Nov 21, 2009 we use your linkedin profile and activity data to personalize ads and to show you more relevant ads. Mece a guide to the mece principle with applied examples. The mckinsey way key takeaway from this book is, there should be structure in your thinking, analysis and communication for effective problem solving. I would read the best 5 books written on that subject. With the facts and mece issues, generate your initial hypothesis. Rasiel, provides a throughthekeyhole perspective on the way this worldwide consulting. In addition, this book will give any executive who works with management consultants, whether from mckinsey or elsewhere.

Mece is a way of segmenting information into subelements that are mutually exclusive and collectively exhaustive. Mece, pronounced me see, an acronym for mutually exclusive and collectively exhaustive, is a popular mantra at mckinsey. After being hired at mckinsey, she noticed that people around her struggled to write clearly and simply. Then youve come to the right place to prepare for your consulting interview and land your dream job. She is notable for being the first female mba that mckinsey hired and even more importantly, creating a framework for thinking and problem solving that most modern consulting firms adopted and use to. This books worth reading if you are a consultant or wish to become one. Mece stands for mutually exclusive and collectively exhaustive. The mckinsey way a strong primer on problem solving david.

You will probably like this book if you fall into one of these categories. 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. 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. 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. 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. 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. May 20, 2017 foreword again, i am a person who has high passion on management consulting. Rasiel and 20,000 other business, leadership and nonfiction books on getabstract. Buy a cheap copy of the mckinsey way book by ethan m.

In other words, elements should exclude each other, i. Lets walk through a simple way to use mece, a list of nine items. Rasiel, provides a throughthekeyhole perspective on the way this worldwide consulting institution approachesand solvesthe myriad professional problems encountered by its highpowered clientele. And this doesnt refer to the hours youll be working as a consultant.

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. Mece, pronounced me see, is a concept commonly used at top consulting firms to talk about the approach consultants use to solve problems. There is a good reason why mece is considered to be part of the mckinsey way. Everyday low prices and free delivery on eligible orders. Mece is a principle used by management consulting firms to describe a way of organizing information. In the next series of articles, i am going to summarize the main points in the content of the book. These are the notes that i took when reading the book. 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. 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.

The cornerstone for getting inside the mckinsey mind is the mece pronounced mesee mantra an acronym that stands for mutually exclusive, completely exhaustive. Therefore it need a free signup process to obtain the book. Use features like bookmarks, note taking and highlighting while reading the mece muse. Mece is attributed to former mckinsey employee barbara minto.

Jun 04, 2010 mece is widely used by management consultants. While its not exactly clear who coined the phrase mece, one of the definitive books on. Using the techniques of the worlds top strategic consultants to help you. You want to become a management consultant at one of the worlds most prestigious consultancies e. 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. Meceis a sine qua non of the problemsolving process at mckinsey. 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. 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. First published in book form more than 40 years ago, its lessons are still. The mckinsey way a strong primer on problem solving. Having spent six years as a management consultant, i found myself. You can use the mece framework to help you think clearly about a business problem. 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.

When fortune 100 corporations are stymied, its the mckinsey ites whom they call for help. The mece principle is a helpful structuring framework that mckinsey consultants use daily. Anyone thinking of a career in one of the big 3 or any of the consulting companies in the world should definitely read it. Is there any approach that is mece on how to analyze levers for sales growth. 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. Be the first to ask a question about the mckinsey way. 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. 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. On my own way to learn and experience, i have found and read a lot of books in this interesting area. Partners at mckinsey, bcg or bain will often tell their team i looked at what youve done. The first is right after here named the mckinsey way of thinking about business problem. Mece is a method of grouping information into elements that are mutually exclusive me and collectively exhaustive ce. 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. Mece framework mckinsey mece, pronounced me see, an acronym for mutually exclusive and collectively exhaustive, is a popular mantra at mckinsey.

The mckinsey mind understanding and implementing the. Oct 16, 2017 building your brain for success with legendary neuroscientist v. The mckinsey way book where the method and its application at mckinsey is described in detail. 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 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. The mckinsey way of thinking about business problems. Mckinsey is the 800pound gorilla on the consulting block. Each abstract contains an overview of essential ideas from the entire book. The second part of the book talks on the mckinsey way of working to solve problems i. When we do cases with candidates, even our own clients, what always surprises us is how messy their hypotheses can be. Download it once and read it on your kindle device, pc, phones or tablets. It takes you through the high profile management consulting world where a 50yr old ceo of a fort. We use your linkedin profile and activity data to personalize ads and to show you more relevant ads. You are looking for a fun, easy read that will teach you more about management consulting in general.

Are there better books than the mckinsey way about how top. 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. This book has great ideas, but it takes some effort to parse. This book s worth reading if you are a consultant or wish to become one. 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. Barbara mintos book the pyramid principle covering the subject.