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Considered an enduring classic, ‘Budgetary Control’ sees McKinsey put years of practical accounting experience down on paper. One of the pioneers of ‘management theory,’ his observations, methodology, and approach are as relevant today as they were when the book was first published. ́Budgetary Control ́ is essential reading for anyone with an interest in what goes on behind the scenes of any successful business. James Oscar McKinsey (1889 – 1937) was born in Missouri and went on to found the management consulting firm, McKinsey & Company. The son of James Madison and Mary Elizabeth Logan McKinsey, he had a modest upbringing and was raised in a three-room house in the Ozarks. Afte...
Essay from the year 2009 in the subject Business economics - Business Management, Corporate Governance, grade: B, Edinburgh Napier University (Business School), course: Business Management, language: English, abstract: It is an essay for the McKinsey case study published in Bartlett et.at. 2008 Transnational Management. It evaluates McKinsey Resources, Core-Coppetencas and Capabilities with refereces to the case study. James McKinsey started a small consulting firm “of accounting and engineering advisors” (Bartlett et.al. 2008 p. 499) in 1926 with a goal. He wanted to build a great firm that could attract, develop and retain exceptional employees and clients. By 1950 McKinsey turned into an “elite consulting firm unable to meet the demand of its services” (Bartlett et.al. 2008 p. 499). Understanding how McKinsey created its competitive advantage suggests examining its internal resources, capabilities and core competences.
Star financial journalist Duff McDonald uncovers how the managing consulting firm of McKinsey & Company and its high-powered, high-priced business savants have ushered in waves of structural, financial, and technological shifts to the biggest and best American organizations, revealing a list of world-shaping successes and striking failures.
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"I had the privilege of working closely with Marvin and McKinsey for many years. This book makes Marvin come to life and perpetuates him as a role model." -Peter F. Drucker "A wonderful book about a wonderful man. In many ways, Marvin's McKinsey framed the hypotheses in our own search for excellence-for example, passion for values, belief in people as the prime resource, and willingness to let people experiment. As well as I thought I knew Marvin, however, this remarkable book, drawing on the collective memories of those who worked most closely with him, taught me a ton about how extraordinary the man really was and what made him that way. Many have called Drucker the man who invented manage...
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Move beyond cybersecurity to take protection of your digital business to the next level Beyond Cybersecurity: Protecting Your Digital Business arms your company against devastating online security breaches by providing you with the information and guidance you need to avoid catastrophic data compromise. Based upon highly-regarded risk assessment analysis, this critical text is founded upon proprietary research, client experience, and interviews with over 200 executives, regulators, and security experts, offering you a well-rounded, thoroughly researched resource that presents its findings in an organized, approachable style. Members of the global economy have spent years and tens of billions...
The Price Advantage by three preeminent experts at McKinsey & Company is the most pragmatic and insightful book on pricing available. Based on in-depth, first-hand experience with hundreds of companies, this book is designed to provide managers with comprehensive guidance through the maze of pricing issues. The authors demonstrate why pricing excellence is critical to corporate success and profitability, then explain state-of-the-art approaches to analyzing and improving your own pricing strategy for any product or service. Their advice is critical for readers who need to develop pricing strategies that work in both good economic times and bad.