THE MCKINSEY WAY - Is all of this true? From Ex-McKinsey (up or out policy, weekend work)

Is there anything like a "McKinsey Way"? As an Ex-McKinsey consultant I will share my experience having worked at the firm for 6 years. In his book "The McKinsey Way", Ethan M. Rasiel, a former McKinsey consultant, claims that there is. He describes many ways how the strategy consulting firm McKinsey operates. As I worked at McKinsey for several years myself, I scrutinize the book and give my candid opinion whether his claims are true. If you are interested in MBB consulting (McKinsey, BCG, Bain), this video is for you. Ever asked yourself, how top management consulting firms operate? I discuss the up or out policy, the working hours at McKinsey and similar firms (work-life-balance), the necessity to work on weekends and many more things. Ever wonder what a day in the life of a McKinsey consultant looks like? If you want to get into McKinsey and join McKinsey as consultant, watch this video first. It will give you good insights you can leverage in the McKinsey recruiting process.

The McKinsey Way - Ethan M. Rasiel*
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Chapters
00:00 Introduction
03:03 How does McKinsey structure problems?
04:25 What is the Up-or-out-Principle?
06:32 How is McKinsey hypothesis-driven?
08:45 Slide Writing course
09:15 Does McKinsey sell the same solution to different clients?
12:14 How bad are the McKinsey work hours?
14:09 Wrap-up

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All views expressed on this channel are private opinions of this channel's creator Heinrich. This is NOT an official channel of any consulting firm.