Category: Uncategorized
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Chapter Two: Learning MECE and 80/20 at Bain
Terance discusses learning about consulting analyses, MECE, 80/20 and storyboards in Bain’s internal research team during his first year.
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Chapter Four: Redemption on a Bain Business Case
Through a Bain business case, Terance discusses how to distinguish between analyzing a problem and assembling the answers to arrive at a strategy.
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Chapter Five: Bain Airline Turnaround Study
Terance discusses his first turnaround study in an emerging market and outside the US, particularly the challenges of remaining “plugged” into firm-wide initiatives which are crucial to maintaining Bain’s culture.
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Chapter Six: First Bain Operations Study
The differences between Bain strategy, operations and implementation engagements are outlined and the unique challenges strategy consultants face in adapting to implementation roles.
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Chapter Seven: Benchmarking Airlines at Bain
The very practical challenges of applying benchmarking airline industry are discussed and the need to stress-test each recommendation in a “live” setting.
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Inside A McKinsey Financial Services Engagement
A detailed McKinsey financial study in Latin America to restructure a $7B state-owned microfinance fund by entering the retail market.
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Inside a McKinsey Electricity Strategy Engagement
A McKinsey engagement in South Africa to develop a procurement strategy for Eskom to build 10 new power stations and secure $3.5B in initial funding.
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Learning From Consulting Mentors
My consulting mentor demonstrated strong values in two occasions: a transfer pricing study as an associate and on an organizational redesign as a principal.
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Skills McKinsey Associates Do Not Learn
McKinsey Associates do not learn several core skills. This article explains 3 skills and 6 activities required to start and grow a boutique consulting firm.