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McK PEI - Entrepreneurial Drive

Anonymous A

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.

Robert replied on 03/23/2018
Having secured McKinsey offers even without final-round interviews due to my High-Impact Interview Coaching

Hi!

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!

Robert

(edited)

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