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McKinsey PEI--Entrepreneurial Drive: Project in progress?

McKinsey Final Round McKinsey PEI
New answer on Oct 25, 2022
6 Answers
629 Views
Anonymous A asked on Oct 22, 2022

Dear community, 

I would appreciate your thought about this:

Is it okay to talk about something that is still in progress for Entrepreneurial Drive? 

Since we need to talk about recent episodes, as well as present multiple ones, I find myself considering to share an effort that is pretty involved and thus still ongoing. (Basically I aimed for something big in vision, but so far I could only achieve part of it and rest are still in progress). 

Obviously at this point the “Result” section will be less impressive as it's still ongoing effort, but does that matter a lot in terms of evaluation? 

Edit: alternatively, I might talk about something I shared in the 1st round, which I know is also not ideal--so I'm trying to figure out which factor matters more. I understand it's hard to say without the details--but thank you all for your very helpful insight!

(edited)

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Francesco
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replied on Oct 23, 2022
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

Q: Is it okay to talk about something that is still in progress for Entrepreneurial Drive? 

I agree with Jorn, it depends on what you can present in terms of results and if what you have achieved so far can still be considered a “full story”. If it is something still in progress I would expect results and learnings to be mostly missing, making the story weaker, but possibly that’s not the case.

Whether it makes sense to use this story or a different one (with completed results) depends on the strength of the alternative, so it is difficult to comment without knowing the other options.

In short:

  • If you have an alternative “complete” story of equivalent or superior strength, I would use the alternative
  • If you don’t have any other good story, you don’t really have an alternative. In this case, you will have to structure the current story as much as possible as a “complete” story with clear results

You can find more on PEI and McKinsey interviews here:

▶ 4 PEI Dimensions You Should Know

▶ 4 Ways McKinsey Interviews are Different

▶ McKinsey Final Round Tips

Good luck!

Francesco

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Anonymous A on Oct 23, 2022

really appreciate your insight! I shared my alternative (complete) experience during first round, so I'm try to weigh the pros and cons-- thanks again for the input!

Florian
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replied on Oct 23, 2022
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

Hey there,

For this dimension, the interviewer will ask you about a situation where you set a goal for yourself and achieved it against all odds. You need to demonstrate

  • ambition and dedication by pursuing several goals at the same time
  • an intrinsic desire and motivation to achieve this goal
  • how you overcame obstacles or faced headwinds along the way by coming up with creative and new ideas or approaches
  • how you follow the goals with energy and passion until you reached the desired outcome

You can read more about it here: https://www.preplounge.com/mckinsey-pei

Unless your story contains very (!) strong intermediate results and a promising trajectory (with clear examples that you can discuss), I would not use it as an Entrepreneurial Drive story. 

My hunch is rather not to use it and focus on something you can discuss end-to-end.

Cheers,

Florian

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Anonymous A on Oct 23, 2022

thank you so much for sharing your insight!

Pedro
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replied on Oct 23, 2022
30% off in April 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA

It can be ongoing. But you should have at least achieved a certain milestone. Otherwise it's just wishful thinking.

This reminds me of a candidate that stated he was learning chinese. When I asked about it, he was in his 3rd lesson… The problem was not that he was still in progress towards a goal. If he was at A2 level, that would be fine. The problem was that he didn't have anything yet to show…

I am sure you will have something you can be proud about your entrepreneurial journey. But if not yet, chose a different story.

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Ian
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replied on Oct 24, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

I completely agree with the others. You need to ensure that there is clear attainment of the goals you set. This will be hard (not impossible) for an in progress project.

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Anonymous replied on Oct 23, 2022

Hi,

I personally think it is okay to talk about something ongoing if:

  1. You have impressive/clear first/intermediary results
  2. You frame it properly to avoid underwhelming the interviewer (e.g. talk about how you secured first customers for a startup vs. about how you want to build a unicorn but only just started your company)

It is difficult to judge without hearing the story. So, you should practice/ test it with a few people.

Best regards,

Jorn

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Anonymous A on Oct 23, 2022

thank you! your suggestion is really to-the-point!

Emily
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replied on Oct 25, 2022
Ex McKinsey EM & interviewer (5 yrs) USA & UK| Coached / interviewed 300 +|Free 15 min intro| Stanford MBA|Non-trad

Talking about something ongoing is fine! But you want to make sure that you can demonstrate the challenge of what you're doing, as well as that you're going above and beyond what is expected of you. Just try to find something on the results that you can use even if they're mid-stage results e.g., project has been accepted to move to the next phase. 

Good luck!

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Francesco gave the best answer

Francesco

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