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Company Background
McKinsey founded in 1926 by University of Chicago professor, James (Mac) McKinsey
Focused on issues of importance to top-level management, adhering to the highest standards of integrity, professional ethics, and technical excellence, able to attract and develop young men of outstanding qualifications, and commited to continually raising its stature and influence
To help our 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 people
Business Issue
Lack of industry knowledge
KM Objective
Emphasis on the development consultants (Supplemented a broad generalist perspective with an in-depth industry or functional specialty). Development of the firms functional expertise in areas like strategy, organization and operations
KM Symptom
In the beginning McKinsey neglect the development of technical and professional skills McKinseys growth engine seemed to stall
Root Cause
McKinsey was too preoccupation with the geographic expansion and new practice possibilities .
Critical Knowledge
Business process in industry Industry Analysis
Knowledg e Source
Knowledge worker, Information System, SOP,
KM Strategy
Make a major commitment to build a common database of knowledge accumulated from client work and developed in the practice areas. To ensure that the databases were maintained and used by hiring fulltime practice coordinator
BCG has one step ahead strategy (TLS) than McKinsey (CR)
Competitor analysist
THANK YOU
By Sindikat 3