Just like there must be a corresponding key after a lock appears in the world, problems and methods also coexist.And how to find the most suitable and efficient working method is a problem that every manager needs to take seriously. --------------- McKinsey's working method of getting twice the result with half the effort --------------- Just like there must be a corresponding key after a lock appears in the world, problems and methods also coexist.And how to find the most suitable and efficient working method is a problem that every manager needs to take seriously. Our work is actually a process of solving problems and achieving goals through different means.In this process, choosing a good method is very important.Because under the guidance of the correct method, we can achieve the goal with the least amount of time and the least amount of resources.This not only saves us time, but also enables us to take the lead in the competition with others and be in a leading position.

The right method is very important for our work.During more than 80 years of working practice, McKinsey has accumulated a wealth of working experience with different companies in each era, and the experience in today's information explosion era is the most sufficient. If we want to be an effective employee, an effective problem solver, we have to learn, really learn some useful methods, so that we can do what we want to do. Here's a classic example of how McKinsey helped solve the Nobel prize issue. The prize money of $1 million each time for the Nobel Prize is indeed worthy of everyone's attention. The Nobel Foundation releases five prizes every year, so it must pay a high prize of up to $5 million every year.You can’t help but ask, how much is the fund of the Nobel Foundation to be able to afford the huge annual expenditure?In fact, the reason why the Nobel Foundation was able to pay high prizes smoothly is not only a huge fund donated by Nobel himself, but also due to the good investment of the Nobel Foundation.

The Nobel Foundation was established in 1896 with a donation of US$9.8 million from Nobel.Since the fund was set up to pay bonuses, there is no room for error in the management of the fund.Therefore, in the early days of the foundation’s establishment, its articles of association clearly stipulated the investment scope of the fund. This fund was limited to safe and fixed-income investments, such as bank deposits and public bonds, and was not allowed to be used for risky investments, especially not Investing in stocks or real estate is permitted, which exposes the fund to a high risk of price fluctuations.

This investment principle of capital preservation over rate of return and safety first is indeed a prudent approach that avoids fund losses.However, as a result of sacrificing the rate of return, with the distribution of annual bonuses and the operating expenses of the foundation, after more than 50 years, the low rate of return caused the loss of nearly 2/3 of the assets of the Nobel Fund. By 1953, the foundation’s The remaining assets are only more than 3 million US dollars. Seeing that their assets would be exhausted, the directors of the Nobel Foundation woke up in time, and they immediately looked for consultants to deal with the unfavorable situation they were facing.Fortunately, they found McKinsey, a consulting firm already well-known in the business world.Faced with such a problem, McKinsey people quickly formed a team and put themselves into work.After doing sufficient research work, the team realized the importance of improving the return on investment for wealth accumulation, and carefully handed over this suggestion to the Nobel Foundation that year.Therefore, under the guidance of this suggestion, the Nobel Foundation made a breakthrough reform in 1953-changed the fund management charter, and transferred the funds that were originally only allowed to be deposited in banks and bought public bonds to investment in stocks and real estate.The new concept of financial management reversed the fate of the entire Nobel Foundation in one fell swoop. In the following years, huge bonuses were issued and the foundation continued to operate as usual.By 1993, the foundation had not only recovered past losses, but the total assets of the fund had grown to more than 270 million US dollars.

The growth of the Nobel Foundation is inseparable from McKinsey; and the rapid success of McKinsey is due to the efficient working methods summed up by the company. In fact, for McKinsey, there are countless such examples.McKinsey people are immersed in business problems large and small basically every day.But it is also true that the experience and practical ability of McKinsey people have been continuously strengthened, which in turn has increased the strength of McKinsey. Since its establishment in 1923, McKinsey has been in constant exploration and progress. After years of accumulation, it has gradually formed many theoretical rules, which are collectively called McKinsey rules.They are our magic weapon for solving problems, because the McKinsey rules not only involve many problems that can be encountered in different aspects of work, but also have relatively in-depth research and reliable solutions for each problem.

Although the McKinsey method was originally applied to business, it also has the unexpected power to guide the way we live every day.The McKinsey method advocates: solve the problems encountered in the work in the fastest way, with the least time and resources. When you first come into contact with these methods, you may not think there is anything special about it.However, when you encounter difficult problems at work or in life, you can use these methods to find answers and find solutions.Whether you are aware of it or not, when you come into contact with McKinsey, it will always have an impact on your work and life in one way or another.

Therefore, it has become the mission of McKinsey people to integrate McKinsey methods into simple facts.They want each of us to move forward rationally according to the truth revealed by these methods, not to waste every bit of time and energy in life, and to maximize all material and spiritual wealth—the essence of McKinsey methods The above is a law of effectiveness, a principle that makes your work smooth and your life happy. In a word, the word "efficiency" is the essence of McKinsey's work rules.This is a brand-new topic brought up by our time, we must face up to it bravely, and strive to practice and improve in our own life and work.

The purpose of this book is to communicate with everyone who wants to make their work more productive on some universally applicable, efficient and excellent methods and techniques.In the following chapters, these proven effective methods will bring unexpected efficiency and effectiveness to your work.Anyone who follows the McKinsey approach will find the secret to surviving in today's competitive society. It should be noted that this book will provide more help for every manager who deals with management consultants, at least let people understand how those "eccentrics" (McKinsey Consulting consultants) think about problems and use efficient methods. method to solve the problem.

I believe this book can give you a new start in your life and work.