Struggling to Finish The McKinsey Way

In an effort to better educate myself on the Consulting Industry/Cases, I compiled a list of recommended books. The four books on my reading list are (1) McKinsey Way, (2) McKinsey Mind, (3) BCG on Strategy and (4) Case in Point. The list comes right off Management Consulted. I'm about 70 Pages into McKinsey Way, but am seriously considering scratching off McKinsey Way and Mind off my list. This book is the most elitist non-sense I've ever read. You can't go two paragraphs without reading frustrating McKinsey Propaganda. Here are some sample quotes:

On Team-Building:

"To succeed as a business problem solver, you must choose your team carefully...McKinsey benefits from a global pool of talented, intelligent individuals whose strengths and weaknesses the Firm track closely." Then in the next paragraph: "Intelligence is a given within the Firm - every McKinsey consultant is smart or he wouldn't be there"

On Winning Engagements:

"The selling process at McKinsey differs from that or most organizations because, as any McKinsey-ite will tell you, the Firm doesn't sell." According to the author, negotiating and schmoozing with Corporate Executives isn't considered selling, but instead, "marketing the firm." Oh brother...

Quotes like these are acceptable on Page 5 or 10, but not 70 Pages into the book. By that point, the reader understands that McKinsey is a good firm. I would absolutely kill for a job at McKinsey, but this book is ridiculous. Anyone else agree? Anyone have better books to add to the list?

 

McKinsey Way/Mind are both horrible reads for me (I think I gave up at page 35 or something for both books). I'd rather read the corporate brochure.

"BCG on Strategy" is excellent! The book is, however, a little bit dense so you should read it in multiple sittings. It helps tremendously if you can be active while reading it (do some calculation, drawing graphs). Try to make the reading process as interactive as you can!

Try the WSO's casebook too. The layout is extremely clear, easy to follow and self-practice-friendly! I didn't think CIP suits my style so I didn't use it!

My formula for success is rise early, work late and strike oil - JP Getty
 
Best Response

Not sure how redninja's arrogance comment is in any way relevant to this conversation; it is also wrong.

The two McKinsey books were written by an ex-McK consultant, who essentially spends a combined 400 or so pages preying on the insecurities of people trying looking for an edge in the consulting interview process (it does not give one - from my experience most of the people at McKinsey in the interview process had never even heard of the book let alone endorsed it). Don't bother with those two books.

I echo Quarterlife's comments on the BCG book: I've read it twice; the first - in one weekend - when going through the interview process to simply try to get an edge; the second - gradually over a few months - after securing a job. Two weeks after the first time I read it I don't think I could tell you more than three or four "big concepts" from the book, but taking the time to actually think about what I was reading the second time allowed me to internalize the knowledge much more effectively. I suggest doing the latter if you've got the time to digest the book.

In the same vein as the BCG strategy book, I would look up some of the McKinsey Quarterly top ten article lists - they distill a lot of information down into a more accessible set of articles. Other than that, I'd suggest regularly reading the Economist, Harvard Business Review, and the editorial sections of the WSJ and Financial Times.

Just my opinion, for what it's worth.

 

Dimension for the win. Notice that none of his suggestions are technical, they will merely enhance your "business sense"

CMoss, you seem to have missed the point that no book(s) are going to be the differentiating factor (or even a significant one) in landing MC. There are no checklists or secret formulas for these things.

 

Nostrum ut deserunt voluptatem labore voluptatem. Sint beatae et sint dolores alias non. Temporibus laborum esse dolorem. Quis facere vel repellat voluptate consectetur ut deserunt.

Magni minima magni adipisci quis omnis doloribus. A occaecati laborum optio in quas. Aut sed sunt corrupti harum aliquid error perspiciatis. Ut asperiores veritatis praesentium magnam sed totam eligendi.

Ratione sint illo et est. Est unde saepe non hic. Occaecati fugit ab nihil nulla ea ut saepe.

Non iste quia sed cum ex. Qui ab ut culpa accusamus non corporis provident. Sed dolores distinctio animi hic natus odio quis aut. Beatae ea vitae temporibus omnis. Vero fuga distinctio laudantium aperiam. Et a voluptatem qui quam. Sunt qui autem quia dolorem.

Career Advancement Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

May 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

May 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (588) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (345) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (189) $84
  • Intern/Summer Analyst (552) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”