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Perspective on McKinsey & Company

300 pages, 2004

business & management

business & management

1082 books
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Description
Marvin Bower worked for and led McKinsey & Company for 45 years. Following the untimely death of its co-founder, James O. McKinsey, Marvin Bower took over control of the firm. In Perspectives on McKinsey he outlines eleven key factors of success, three needs for success in consulting, how to create better organizations, and how to ensure each client gets a 10-to-1 return on each consulting dollar spent with McKinsey. Included in his book are chapters such as: The Firm's Early Years; Merging and Unmerging; Building a Distinctive National Firm; Becoming an International Firm; Building our Clientele; Professionalism—The Firm's Secret Strength; Development of Our Consulting Staff Philosophy; Developing Our Managing Philosophy and System; Perspective from the Sidelines; and Gearing the Firm to a Successful Future.
The Importance of Values

Marvin Bower emphasizes the importance of values in business. He believes that a company's success is not just about making profits, but also about adhering to a set of core values. This book encourages you to explore the values that guide your own business decisions.

Client-Centric Approach

Bower stresses the importance of putting clients first. He suggests that businesses should always prioritize the needs and interests of their clients above everything else. This is a great reminder to always keep your customers at the heart of your business.

The Power of Teamwork

In Perspective on McKinsey & Company, Bower highlights the power of teamwork. He believes that a company's success is largely dependent on the collective efforts of its team members. This book encourages you to look into how you can foster a more collaborative environment in your own workplace.

Continuous Learning and Improvement

Bower advocates for continuous learning and improvement. He believes that businesses should always strive to better themselves, regardless of their current success. This book encourages you to see the value in always seeking to learn and improve in your own business endeavors.

The Role of Leadership

Leadership plays a crucial role in a company's success, according to Bower. He believes that effective leaders are those who lead by example and inspire their team members to do their best. This book encourages you to research and develop your own leadership skills.

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