Lessons from McKinsey
In many ways, consulting is still an emerging field, even though the leading consulting firms such as ADL, McKinsey, and Booz are almost one hundred years old. Since its founding in 1926, the McKinsey organization has been the source for the invention of many analytical methods and a culture that fosters highly professional conduct. Rasiel (1999) and Rasiel and Friga (2001) describe many McKinsey principles and practices of consulting that have become standard nomenclature and practice in various fields of management consulting. McKinsey’s rigorous, fact-based, and issue-based form of consulting has produced outstanding results for thousands of clients around the world. Many consulting firms use or adapt McKinsey’s methods ...
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