Talk Like a Strategy Consultant (McKinsey's Culture)

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  • เผยแพร่เมื่อ 16 พ.ค. 2024
  • Top-down communication is an approach used by consulting firms and business leaders around the world and was popularized by McKinsey & Company's top-management approach. I explore how Marvin Bower helped to shape this culture at McKinsey.
    ⏳TIMESTAMPS
    0:00 Intro
    0:12 Defining Top-Down Communication
    1:17 Top-Management Approach at McKinsey
    1:43 Marvin Bower
    2:31 Marvin Bower's Top Management Memo from 1941
    4:36 Why McKinsey Consultants wore top hats
    5:20 The Pyramid Principle & Top-Down Communication
    6:05 Healthcare example
    7:25 Generic to the specific
    8:20 How to test top-down messages earlier
    9:10 Testing your higher-level ideas over email
    💻 THINK LIKE A STRATEGY CONSULTANT COURSE
    To see more interviews and learn more about strategy consulting: learn.strategyu.co
    📩 FREE MINI-COURSE
    For a free mini-course on strategy consulting skills: www.strategyu.co/subscribe
    💼 WANT TO WORK IN CONSULTING?
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    Resources:
    Marvin Bower by Elizabeth Edersheim: amzn.to/3ToK35R
    Pyramid Principle Video: • How to Use The Pyramid...
    Pyramid Principle: strategyu.co/structure-your-i...
    Decoding McKinsey: strategyu.co/decoding-high-pe...
    Original Marvin Bower Video: digital.hagley.org/VID_199323...
    Interested In Corporate Workshops?
    I run virtual and in-person workshops and multi-week learning programs for strategy groups, data analytics teams, boutique consulting firms, and data-driven teams. Learn more here: strategyu.co/corporate-worksh...

ความคิดเห็น • 19

  • @matttriggs1268
    @matttriggs1268 ปีที่แล้ว +5

    The book "The Firm" by Duff McDonald goes into a lot of detail about the history of McKinsey and how a lot of these ideas were developed. Not sure if you read it in your research for this video, but I'd recommend it to people wanting to know more.

    • @StrategyU
      @StrategyU  ปีที่แล้ว

      Agreed. Have read it. Need to do a write up!

  • @MJPerformance88
    @MJPerformance88 8 วันที่ผ่านมา

    I learnt about top-managment approach, and I liked how you contrasted it to the top-down approach.

  • @sharonfeng5340
    @sharonfeng5340 ปีที่แล้ว +2

    Very useful! Thank you for your sharing!😊

  • @Bathrobebusiness
    @Bathrobebusiness 10 หลายเดือนก่อน

    I just discovered your channel and I really like your contract. Keep up the good work

  • @felixnatercsc3653
    @felixnatercsc3653 ปีที่แล้ว +1

    Validating content reminding me of the importance of the value of speaking to the audience and not at them. Not only is it a good idea but it seems to be the start of rapport building.

  • @Kiaoranz
    @Kiaoranz 3 หลายเดือนก่อน

    Quality content

  • @crystaltaylor6235
    @crystaltaylor6235 8 หลายเดือนก่อน +2

    Wonder what you all think about this: I use BLUF (Bottom Line Up Front) statements at the top of most of my emails and slides, with the supporting details as the content. I call this 2nd piece out as context. Then the 3rd thing I’ll add is additional detail.

    • @PaulMillerd
      @PaulMillerd 8 หลายเดือนก่อน +1

      big fan of BLUF - really any sort of framework that gets you thinking about the "so what?!" can work really well - its all about thinking about it rather than just filling out a page, email or slide

  • @cesarjccs
    @cesarjccs ปีที่แล้ว

    Can you make a video about where to take the best consultant course certification? Please.

  • @John-bb3ol
    @John-bb3ol 20 วันที่ผ่านมา

    useful! thx

  • @ionbusman2086
    @ionbusman2086 11 หลายเดือนก่อน

    Does this approach work if your leading a seminar for lower level , non executives?

  • @amazon1
    @amazon1 3 หลายเดือนก่อน

    Hi @strategyUn
    I’m starting as a strategy consultant soon and I’m nervous. Do you have any materials or books you would recommend I read ?

  • @ahmetbakibasci8070
    @ahmetbakibasci8070 หลายเดือนก่อน +4

    Playback 1.25x. Youre welcome

  • @rik112
    @rik112 ปีที่แล้ว +1

    It's interesting, my experience is that some top management want the details first and then the recommendations. Perhaps it's just managing the content flow at the beginning so they know what to expect from the presentation.

    • @StrategyU
      @StrategyU  ปีที่แล้ว

      Have found this too. Doing a video on sequencing soon.

    • @StrategyU
      @StrategyU  ปีที่แล้ว +2

      Often these are the minority and you know they want the data. Few people make mistakes of going high level with data driven audiences I coach.

    • @rik112
      @rik112 ปีที่แล้ว +2

      @@StrategyU Agreed. There typically are a few ppl that want the data and some of these are very vocal, But as you mention, the majority of senior management/CEOs want the headlines 1st.

  • @lanvinsgivenchy5421
    @lanvinsgivenchy5421 7 หลายเดือนก่อน

    Waste of time