Miscellaneous
The approach frequently applied to help focus on the most impactful solutions.
A. What is the "80-20 (Pareto Principle) Rule"?
The type of analysis used to break down problems and find solutions.
B. What are issue trees?
The method McKinsey consultants are trained to communicate with clients.
B. What are focused presentations (supported by frameworks, like the Pyramid Principle)?
Resolve difficult client situations or disagreements by...
B. What is maintaining professionalism and focusing on facts and data?
The role of interviewing in the consulting process.
B. What is to gather qualitative insights from key stakeholders?
These provide structure and help break down complex problems.
D. What are frameworks?
The primary purpose of the data synthesis consulting process.
B. What is to simplify large amounts of information into actionable insights?
Client communication is considered critical because...
A. What is it ensures alignment and clarity on both sides?
Hypothesis-driven problem-solving is important because...
B. What is it provides a starting point and direction for analysis?
The role teamwork plays in McKinsey's problem-solving approach.
C. What is to leverage diverse skills and perspectives?
Start with the main conclusion and support it with key arguments.
B. What is the "Pyramid Principle"?
Involving the client in the solution development process ensures that solutions are...
A. What is sustainable for the client?
The key trait that McKinsey values in its consultants.
B. What is the ability to be pragmatic and flexible in problem solving?
When problem solving, <BLANK> is encouraged, but must be grounded in data and logic.
C. What is creativity?
Performing deep and accurate data analysis to back up recommendations.
C. What is "doing first-class analysis"?
The primary way McKinsey ensures long-term client relationships.
C. What is by consistently delivering results and maintaining trust?