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McKinsey Mind

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Make a chart every day. — location: 1454 ^ref-22320


there’s probably little point in spending an extra week to go from three decimal places of accuracy to four. — location: 1464 ^ref-29065


"How far off would our current answer need to be before we change our conclusion?" — location: 1513 ^ref-57540


The 80/20 rule is not always strictly true; in one case, the true ratio may be 75/25, in another 90/10. Furthermore, it is not universally applicable, but it occurs so frequently as to make it a useful predictive tool. — location: 1551 ^ref-18539


See through your client’s eyes. • Respect the limits of your client’s abilities. — location: 1596 ^ref-30914


ask how your decisions will add value to your client or organization. For each action that you recommend, how large will the payoff be? — location: 1612 ^ref-60072


keep in mind whether the recommendations you are making are actionable for the client. — location: 1635 ^ref-42990


They realize that the best idea or the cleverest strategy is worth precisely nothing if the client doesn’t buy into it and implement it. — location: 1675 ^ref-813


If you can’t articulate your thoughts clearly and concisely, then either you don’t understand the material well enough and need to get better acquainted with it, or your structure is not clear and concise enough and needs to be reexamined. — location: 1862 ^ref-53976


if you are presenting data, always document your sources. That way, if someone asks you where you got your information, you’ll be able to reply. — location: 1882 ^ref-5053


the best strategy for making it through the rigorous recruiting process at McKinsey is to have a strong academic record, exhibit leadership and initiative, and knock the case interviews out of the park by demonstrating the ability to approach a problem in a structured manner and break it into its components. — location: 2094 ^ref-6387


Keirsey Temperament Sorter. — location: 2254 ^ref-26805


The premise is that clients (internal or external) who were involved in the problem-solving process make the best advocates. This method also ensures that an eventual transfer takes place, which was facilitated by the sharing of the overall process throughout. — location: 2702 ^ref-13803


Find the truth wherever you can, and the world will be a little bit better for it. We hope this book helps you in your quest. — location: 2943 ^ref-7188