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03 (049-082) chapter 3  1/29/02  4:49 PM  Page 74






                               74                                               The McKinsey Mind


                               EXERCISES
                                   • Develop an interview guide. First, identify your next big
                                     interview opportunity. Then list your objectives or the criti-
                                     cal information you would like to obtain. (Work from your
                                     hypothesis, as discussed in Chapters 1 and 2). Now pare
                                     the list down. Combine where possible, and eliminate irrel-
                                     evant points. You should end up with two or three primary
                                     objectives for the meeting. Next, structure the interview
                                     guide around those key questions. Don’t forget to consider
                                     the interviewee’s agenda and watch for sensitive issues.
                                     Send your interview guide to the interviewee at least two
                                     days in advance.
                                   • Write a thank-you letter. Nothing complicated here, just a
                                     discipline exercise. Write a good old-fashioned handwritten
                                     or typed thank-you letter. If it feels good, write another
                                     one!






                               KNOWLEDGE MANAGEMENT


                               Ah, knowledge management (KM). It’s one of the hottest business
                               buzzwords today, and one of the least understood. According to a
                               recent Business Week survey, more than 80 percent of 158 large
                               multinational corporations already have or are actively developing
                               formal knowledge management programs.* McKinsey has long
                               been recognized as a leader in the field of KM and has much to
                               offer other organizations as they formalize their KM efforts.
                                   What is KM? First, we should tell you what knowledge is
                               not—data and information. Data are facts, observations about


                               *Neil Gross. “Mining a Company’s Mother Lode of Talent,” Business Week, August 28,
                               2000, p. 135–137.
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