McKinsey SG02 (1).pptx - McKinsey Company Managing Knowledge and Aulia Ridho Muhammad 29319007 Learning Annisa Safitri 29319135 Bayuntoro Wiyono

McKinsey SG02 (1).pptx - McKinsey Company Managing...

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McKinsey & Company:Managing Knowledge and LearningAulia Ridho Muhammad29319007Annisa Safitri 29319135Bayuntoro Wiyono 29319132Caesitria Melfrida 29319123Donafeby Widyani 29319057
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BackgroundMcKinsey & CompanyIs an international management consulting firm. A trusted advisor and counsellor to many of the world's most influential businesses and institutions.2
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McKinsey’sMissionand Guiding Principles (1996)Mission – To help clients make positive, lasting and substantial improvements in their performance and to build a great Firm that is able to attract, develop, excite and retain exceptional people3
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McKinsey’sMission and Guiding Principles (1996)Serving ClientsAdhere to professional standardFollow the top management approachAssist the client in implementation and capability buildingPerform consulting in a Building the FirmOperate as one FirmMaintain a meritocracyShow a genuine concern for our peopleFoster an open and nonhierarchical working atmosphereManage the Firm’s resources Being a Member of the Professional StafDemonstrate commitment to client serviceStrive continuously for superior qualityAdvance the state of the art managementContribute a spirit of partnership through teamwork and collaborationProfit from the freedom and assume the responsibility associated with self governanceUphold the obligation to dissent4
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1. Founders’ LegacyHow it all started5
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How it all startedIn 1926, University of Chicago professor – James (“Mac”) McKinsey created McKinsey as an “accounting and engineering advisors” company.McKinsey grew rapidly as Mac recruits experienced executivesMac trained them in an integrated approach called “General Survey” outline6
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James O. McKinsey (“Mac”)Mac often lead consultants to his “undeviating sequence” of analysis involving:-Goals- Policies- Strategy- Procedures- Facilities- Personnel- OrganizationHe encourages people to synthesize data and think for themselves.7??
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Founders’ LegacyIn 1932, Mac recruited Marvin Bower young lawyer with Harvard MBA.1933, Bower became manager of the recently developed New York officeIn an industry that is typically regarded as “business doctors”, Bower believed that management consulting should be held to the same high standards for professional conduct and performance as law and medicine8
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Marvin Bower1950 – Elected managing partner1959 – First international office (London)One Firm PolicyRequired all consultants to be recruited and advanced on a firm wide basis Clients to be treated as responsibilities Profits to be shared from a firm pool Every assignment should bring more than revenue - Ex: experience 9??
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2. A Decade of DoubtWhere new threats emerge
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A Decade of Doubt11Boston Consulting GroupOil CrisisEuropean Market ExpansionThere was a slowing of the divitionalization process which fueled McKinsey’s European expansion.
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