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The McKinsey Engagement: A Powerful Toolkit For More Efficient and Effective Team Problem Solving PDF

270 Pages·2008·25.08 MB·English
by  Ph.D.
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THE McKINSEY ENGAGEMENT This page intentionally left blank A POWERFUL TOOLKIT FOR MORE EFFICIENT & EFFECTIVE TEAM PROBLEM SOLVING THE McKINSEY ENGAGEMENT PAUL N. FRIGA, Ph.D. New York Chicago San Francisco Lisbon London Madrid MexicoCity Milan New Delhi San Juan Seoul Singapore Sydney Toronto Copyright © 2009 by Dr. Paul N. Friga. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written per- mission of the publisher. ISBN: 978-0-07-164148-7 MHID: 0-07-164148-3 The material in this eBook also appears in the print version of this title: ISBN: 978-0-07-149741-1, MHID: 0-07-149741-2. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. To contact a representative please visit the Contact Us page at www.mhprofessional.com. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies, Inc. (“McGraw-Hill”) and its licen- sors reserve all rights in and to the work. Use of this work is subject to these terms. Except as per- mitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the work, you may not decompile, disassemble, reverse engineer, reproduce, modify, create derivative works based upon, transmit, distribute, disseminate, sell, publish or sublicense the work or any part of it without McGraw-Hill’s prior consent. You may use the work for your own noncommercial and personal use; any other use of the work is strictly prohibited. Your right to use the work may be terminated if you fail to comply with these terms. THE WORK IS PROVIDED “AS IS.” McGRAW-HILL AND ITS LICENSORS MAKE NO GUARANTEES OR WARRANTIES AS TO THE ACCURACY, ADEQUACY OR COMPLETE- NESS OF OR RESULTS TO BE OBTAINED FROM USING THE WORK, INCLUDING ANY INFORMATION THAT CAN BE ACCESSED THROUGH THE WORK VIA HYPERLINK OR OTHERWISE, AND EXPRESSLY DISCLAIM ANY WARRANTY, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. McGraw-Hill and its licensors do not warrant or guarantee that the functions contained in the work will meet your requirements or that its oper- ation will be uninterrupted or error free. Neither McGraw-Hill nor its licensors shall be liable to you or anyone else for any inaccuracy, error or omission, regardless of cause, in the work or for any damages resulting therefrom. McGraw-Hill has no responsibility for the content of any infor- mation accessed through the work. Under no circumstances shall McGraw-Hill and/or its licensors be liable for any indirect, incidental, special, punitive, consequential or similar damages that result from the use of or inability to use the work, even if any of them has been advised of the possibility of such damages. This limitation of liability shall apply to any claim or cause whatsoever whether such claim or cause arises in contract, tort or otherwise. CONTENTS Acknowledgments ix Preface xiii Introduction 1 P 1 TEAM ART CHAPTER 1: Talk 11 Concept 11 Rules of Engagement 12 Rule 1: Communicate Constantly 13 Rule 2: Listen Attentively 14 Rule 3: Separate Issues from People 15 Operating Tactics 16 Stories from the Field 17 Case Study 24 CHAPTER 2: Evaluate 29 Concept 29 Rules of Engagement 31 Rule 1: Discuss Team Dynamics 31 Rule 2: Set Expectations and Monitor Results 32 Rule 3: Develop and Reevaluate a Personal Plan 33 Operating Tactics 36 v vi Contents Stories from the Field 36 Case Study 43 CHAPTER 3: Assist 47 Concept 47 Rules of Engagement 49 Rule 1: Leverage Expertise 49 Rule 2: Keep Teammates Accountable 51 Rule 3: Provide Timely Feedback 52 Operating Tactics 54 Stories from the Field 55 Case Study 62 CHAPTER 4: Motivate 67 Concept 67 Rules of Engagement 68 Rule 1: Identify Unique Motivators 68 Rule 2: Positively Reinforce Teammates 71 Rule 3: Celebrate Achievements 73 Operating Tactics 74 Stories from the Field 75 Case Study 79 P 2 FOCUS ART CHAPTER 5: Frame 87 Concept 87 Rules of Engagement 89 Rule 1: Identify the Key Question 89 Rule 2: Develop the Issue Tree 91 Rule 3: Formulate Hypotheses 95 Operating Tactics 97 Stories from the Field 97 Case Study 102 Contents vii CHAPTER 6: Organize 109 Concept 109 Rules of Engagement 110 Rule 1: Develop a High-Level Process Map 111 Rule 2: Create a Content Map to Test Hypotheses 112 Rule 3: Design the Story Line 113 Operating Tactics 114 Stories from the Field 115 Case Study 122 CHAPTER 7: Collect 127 Concept 127 Rules of Engagement 128 Rule 1: Design “Ghost Charts” to Exhibit Necessary Data 128 Rule 2: Conduct Meaningful Interviews 130 Rule 3: Gather Relevant Secondary Data 132 Operating Tactics 134 Stories from the Field 135 Case Study 140 CHAPTER 8: Understand 147 Concept 147 Rules of Engagement 148 Rule 1: Identify the “So What(s)” 148 Rule 2: Think Through the Implications for All Constituents 149 Rule 3: Document the Key Insight on All Charts 150 Operating Tactics 152 Stories from the Field 152 Case Study 155 viii Contents CHAPTER 9: Synthesize 161 Concept 161 Rules of Engagement 162 Rule 1: Obtain Input and Ensure “Buy-in” from the Client 162 Rule 2: Offer Specific Recommendations for Improvement 164 Rule 3: Tell a Good Story 165 Operating Tactics 168 Stories from the Field 169 Case Study 174 Afterword 223 Business School Applications 223 Consulting Firm Applications 225 Corporate Applications 226 Outcomes of the Case Study (from Tim’s Perspective) 227 Outcomes of the Case Study (from Paul’s Perspective) 229 The TEAM FOCUS Rules of Engagement 231 Index of Stories from the Field 233 List of Illustrations 237 Index 239 ACKNOWLEDGMENTS There are so many amazing people who have contributed to making this book possible. I hesitate to try to document them for fear of omission, but I will give it the old college try. MY FAMILY My Wife, Meredith—the love of my life who inspires me every day My Son, Nicholas—who teaches me just how precious life is My Dad—who still lives with me today My Mom—who keeps me focused on the important things My Brother—who always offers a fresh intellectual perspective My Sister—who is a constant source of positive energy My Uncle Rich—who is always ready for a great conversation My Uncle Joe—who thinks he has a good sense of humor The Lord—who makes all things possible ix

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The third volume in the internationally bestselling McKinsey Trilogy, The McKinsey Engagement is an action guide to realizing the consistently high level of business solutions achieved by the experts at the world’s most respected consulting firms. Former consultant Dr. Paul Friga distills the guid
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