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McK PEI - Entrepreneurial Drive

Anonymous A asked on Mar 23, 2018 - 1 answer

Hi PrepLounge, preparing for McK's PEI example on Entrepreneurial Drive and had 2 specific questions:

1. How literally should the "Entrepreneurial" part be taken? Does it have to be an entrepreneurship related event or can it be any example that stems from self-driven initiative?

2. Under the PARADE method, how would you communicate "decision-making rationale" in an Entrepreneurial Drive PEI example? It seems much easier to think about decision-making rationale for a Conflict Management example - essentially weigh options out loud on what path would best resolve conflict etc. However, it just seems a little harder to apply this similar thinking to the Entrepreneurial Drive example. Curious to hear your thoughts on this.

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updated his answer on Mar 23, 2018
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1) How literally should the "Entrepreneurial" part be taken?

In case that you have an entrepreneurial background, this for sure helps to find appropriate examples for your McKinsey PEI - but it's perfectly fine to have an example from a self-driven initiative. In a nutshell the core criteria for an entrepreneurial drive example:

  • Achieving a goal which is clearly outside your regular role and responsibilities
  • You wanted to achieve something by yourself (and no one else imposed this task on you) and can explain a strong motivation behind
  • Several big obstacles which you needed to overcome

2) Under the PARADE method, how would you communicate "decision-making rationale"?

The basic idea of the decision-making rationale is to show that you approached the situation/challenge in a structured way. In respect to the decision-making rationale for the entrepreneurial drive dimension, it's mainly about explaining your approach on how to overcome a difficult situation towards your goal in this structured way of thinking.

E.g. for overcoming a certain obstacle, you had 3 options on how to proceed, which you can weigh against each other and finally proceed with 1 specific option due to reasons a, b and c.

Hope that helps!



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