What kind of expertise do McKinsey consultants bring into specific engagements?
The expertise we contribute to a engagement runs along two main dimensions – the general problem solving skills our consultants apply in an engagement and the industry or function specific experience/knowledge with which we supplement our analysis. We believe our unique, analytical approach to problem solving is the core asset we bring to our clients. In practice, these skills may, for example, involve our ability to handle a complex financial modeling, to assess economic value of a specific market strategy, or to structure a complex business problem into a series of simple, actionable alternatives. In order to build these world-class skills we seek to attract people who excel in problem solving, and invest a great amount of resources in developing analytical tools and frameworks that we then apply in our client work. A deep understanding of a specific sector by the McKinsey team is crucial to the full success of the engagement. McKinsey provides this knowledge by continuously investin