Today’s article is based on McKinsey Staff Paper 66: The McKinsey Approach to Problem Solving. I’m going to give my own spin on it, but I would definitely recommend reading the paper and my previous article on it.
The goal of this article is to give you a better idea of how McKinsey consultants approach problems, why they approach problems this way, and what they look for in the case interviews.
The McKinsey Approach to Problem Solving can be broken up into six parts:
1. Creating a Rigorous Problem Definition
2. Structuring the Problem
3. Prioritizing Issues
4. Plan & Execute Analyses
5. Synthesize Findings
6. Developing Recommendations
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