Jul 02, 2010 to do so, you must organize these answers in a way that is mutually exclusive and collectively exhaustive sometimes written as mutually exclusive and completely exhaustiveor mece pronounced mee see. In fact, even at your case interview, you likely used the mece principle. On my own way to learn and experience, i have found and read a lot of books in this interesting area. Sep 26, 2001 super basic summary by a former mckinsey consultant jut like mckinsey way telling as much about working at mck as could be read on the wikipage.
Also here is an early academic article on the topics. What are all the ways that quora could generate money. 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. Mece stands for mutually exclusive, collectively exhaustive. The presumption in this note is that the organization mindset has been engraved over time or. 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. It fails the completely exhaustive test if an example doesnt fit into any of your categories. If youre looking for a free download links of the mckinsey way pdf, epub, docx and torrent then this site is not for you. Your approach fails the mutually exclusive test if one example could fit into multiple buckets. The mece muse is the insiders guide to the world of consulting providing insights, strategies, and stories on being a great consultant. Mece is a principle used by management consulting firms to describe a way of organizing information. The mckinsey way of thinking about business problems the. This is an effective and simple technique to build hypotheses in a mutually exclusive and collectively exhaustive way.
Buy a cheap copy of the mckinsey way book by ethan m. 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. How to start and end a consulting project in a way that creates impact. May 29, 2012 the mckinsey way a strong primer on problem solving posted on may 29, 2012 by david shedd way back in 1999, ethan m. 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. Within ten years of writing his first book on mckinsey, entitled the mckinsey way, rasiel has witnessed the firm double its number of professional consultants to 9,000, and increase. Structure is vital to mckinsey s factbased problemsolving process. First published in book form more than 40 years ago, its lessons are still. With the facts and mece issues, generate your initial hypothesis. Whats the best way to gain the skills of a mckinsey.
Building your brain for success with legendary neuroscientist v. Penetrate the mckinsey mystique and learn the secrets of the worlds most sought after consulting firm. Mece, pronounced mee see, is a concept commonly used in top consulting firms such as mckinsey, bcg or bain. If you follow it, youll find yourself creating logically organized, independent buckets of analysis that cover the complete set of subanalyses and considerations. Case interview mece framework shapes how consultants in the mbb approach their clients problems and figure out an effective and comprehensive solution. Notes taken on the book the mckinsey mind por ethan m. The mckinsey way contains numerous good insights to consulting and. Enlivened by witty anecdotes, the mckinsey way contains valuable lessons on widely diverse topics such as marketing, interviewing, teambuilding, and. May 20, 2017 in the next series of articles, i am going to summarize the main points in the content of the book. If you just throw hypotheses out without deriving them from a decision tree you will have no way of knowing whether they made sense and whether they are mece.
The mckinsey way book where the method and its application at mckinsey is described in detail. May 24, 2017 mece is a simple, powerful problem structuring framework. My initial impression, after receipt of this book, was that it appeared light and superficial. Mece stands for mutually exclusive, collectively exhaustive and is the consulting way of representing complex information in an easy way. Foreword again, i am a person who has high passion on management consulting. 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. Julie bick, biggestselling author of all i really need to know in business i learned at microsoft. What this means is that when faced with a business scenario for which you need to build a strategy, you must first break down the problem into its constituent parts. 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. Rasiel, provides a throughthekeyhole perspective on the way this worldwide consulting. Mece thinking is popular with strategy consultancies see, for instance, davis paper, referenced below, for its use at mckinsey. For mckinseyites, structure is less a tool and more a way of life.
If youre looking for a free download links of the mckinsey way pdf. The mckinsey way of working to solve business problems chapter 4. You can use the mece framework to help you think clearly about a business problem. Lets apply the mece principle to quora company as an example.
Nov 21, 2017 since i left mckinsey and julio left bain, we started helping candidates to get into top consulting firms. Therefore it need a free signup process to obtain the book. The mckinsey way of working to solve business problems. The concept required the groups of ideas to be mecedivided pieces that were mutually exclusive of each other and collectively exhaustive in terms of the whole. Barbara mintos book the pyramid principle covering the subject.
Mece a guide to the mece principle with applied examples. Shortly introduces a couple of nice frameworks, but main takeaway will be that instead of reading a book about a companys work and culture it will always be better to just talk with someone who works. 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. Great consultants possess a je ne sais quoi that are equal parts confidence, passion, technical acumen, purpose, and charisma. The mckinsey way a strong primer on problem solving david. Classic strategy tools mckinseys mece framework eloquens. We will go into both these components in detail and then relate this to the dynamics of an organization mindset. Mece framework mckinsey mece, pronounced me see, an acronym for mutually exclusive and collectively exhaustive, is a popular mantra at mckinsey. There is a good reason why mece is considered to be part of the mckinsey way 1 and the mckinsey mind 2. The one hour china book 2017 edition, by jonathan woetzel, director of mckinsey global institute and senior partner in shanghai, and jeffrey towson, managing partner of towson capital and professor at peking university three years after the first edition of the one hour china book was published, jonathan woetzel and jeff towson knew it needed an update. 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. I would read the best 5 books written on that subject.
Compared to bestselling precursor to this book, the mckinsey way, this text. The first is right after here named the mckinsey way of thinking about business problem. This is part 1 of our 4part series on mece thinking part 1, part 2, part 3, and part 4. Mece framework, analysis, synthesis and organization. We usually say it meecee, but barbara pronounces it with one syllable, meece, rhyming with niece or greece.
Mece described in a shallow enough detail so that it wont help. Mece, pronouned me see, is an analytical framework developed to help you distill your business problem down into its key components. An analysis of mece by tim van gelder of the university of melbourne. Take these three things with you wherever you go 149 17. First, the firm produces a steady stream of influential and widely read books and articles. Simon carne, especially for his help with the section on mece. Here ethan talks about mckinseys approach to selling a study to sell without selling and then goes on to describe the basics of assembling a team, managing hierarchy, conducting research, conducting interviews, and brainstorming. 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 5 ways to be mece in case interviews crafting cases. Rasiel and 20,000 other business, leadership and nonfiction books on getabstract. If you want a life, lay down some rules 163 part five. Those of you interested in consulting careers might consider reading the mckinsey trilogy of books written by exmckinseyites, ethan rasiel and dr. It stands for mutually exclusive, comprehensively exhaustive. This is just for personal use and definitely noncommercial.
Structure is vital to mckinseys factbased problemsolving process. Mece gets pounded into every new associates head from the moment of entering the firm. I read the mckinsey way before i got interviewed by mckinsey it helped. Download it once and read it on your kindle device, pc, phones or tablets. 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. I get it, structure thinking, mece, problem solving, those are awesome tools for the. Since i left mckinsey and julio left bain, we started helping candidates to get into top consulting firms. Ten timeless truths, by scott keller and mary meaney, senior partners in our organization practice. Through out the book, the author emphasizes the rigorous training of mckinseyites to be structured in every aspect of their approach to finding solutions to business problems be it thinking or working or selling of solutions. Lets start by summarizing the ways mckinsey consultants apply structure to their business problems. The mckinsey way a strong primer on problem solving. Once you start to get comfortable with the mece principle, youll find innumerable use cases for it. In part i, ethan rasiel explains the mckinseyway of thinking about business problems. Its a very helpful tool that can help ensure that you do not neglect any aspect of a problem.
The hallmark of problemsolving at mckinsey is that every analysis is. Be mecemutually exclusive and collectively exhaustive. Using the techniques of the worlds top strategic consultants to help you and your business. Our clients are trained to do all of this in 60 120 seconds flat. If it available for your country it will shown as book reader and user fully subscribe will benefit by having full. 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. For mckinsey ites, structure is less a tool and more a way of life. For more information on mece, get a copy of the mckinsey mind by ethan m.
Having spent six years as a management consultant, i found myself. 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. In fact it seems to have acquired the status of holy writ. Jun 04, 2010 mece is widely used by management consultants.
It also helps to enforce clarity of thinking and can dispel ambiguity. Mutually exclusive items can only fit into one category at a time and collectively exhaustive all items can fit into one of the categories. Access a free summary of the mckinsey way, by ethan m. Meceis a sine qua non of the problemsolving process at mckinsey. A central tenet of structuring your problem solving is your considering all the possible answers to your question exactly once. Julie bick, bestselling author of all i really need to know in business i learned at microsoft. Mece one of the most fundamental tenants of mckinsey problem solving is the concept of mece, mutually exclusive, collectively exhaustive. Rasiel, provides a throughthekeyhole perspective on the way this worldwide consulting institution approachesand solvesthe myriad professional problems encountered by its highpowered clientele. Use features like bookmarks, note taking and highlighting while reading the mece muse. I based this book on my own experience as a mckinsey associ ate from 1989 to 1992.
Because learning to be mece is so critical to get in, we started on a quest to find a way to teach this skill to candidates. As she says, the journey to greatness is infinite, so i can use this book now to continue on the path i started on as a consultant. Mece stands for mutually exclusive and collectively exhaustive 1. If you are categorizing data, the meceprinciple dictates that the categories should be mutually exclusive. Mece is a thought tool that has been systematically used in mckinsey.
In other words, elements should exclude each other, i. In part i, ethan rasiel explains the mckinsey way of thinking about business problems. There is a good reason why mece is considered to be part of the mckinsey way. Using the techniques of the worlds top strategic consultants to help you. Mece pronounced me see is principle often used by management consulting firms such as mckinsey to describe a way of organizing. 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. In their new book, scott keller and mary meaney set out to break through the clutter of buzzwords, hype, and oftencontradictory assertions business leaders receive on the topic of how best to manage their organizations. The mece muse is a bronze winner of the 2017 wishing shelf independent book award and a playbook of how you too can become a great worldclass business consultant. If additional business books have been as useful, concise, and easily plain satisfying to study as the mckinsey way, the business world could be a higher place. 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. To do so, you must organize these answers in a way that is mutually exclusive and collectively exhaustive sometimes written as mutually exclusive and completely exhaustive. Susan miller, director, english language and international programsuniversity of california extension, santa cruz.
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 frameworks are clear, thorough, logical, and efficient things firms and clients look for in. Her book, the mece muse is an awardwinning finalist in the business. Through out the book, the author emphasizes the rigorous training of mckinsey ites to be structured in every aspect of their approach to finding solutions to business problems be it thinking or working or selling of solutions. Feb 01, 1999 i would read the best 5 books written on that subject.
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