McKinsey Introduces Lilli, Its Own Generative AI Tool for Enhanced Insights
McKinsey, a prominent consulting firm, has revealed its generative AI solution named “Lilli,” designed to empower its workforce with enhanced abilities in leveraging knowledge and insights. The platform employs AI to efficiently search and synthesize vast stores of the company’s knowledge, providing quick access to valuable insights for clients. The tool aggregates the firm’s expertise into a centralized platform, enabling engagement teams to spend more time on problem-solving and maximizing value for clients. Lilli streamlines the process of identifying relevant research documents and experts, significantly reducing the time required for these tasks.
Lilli’s AI-powered capabilities are expected to revolutionize the way McKinsey’s employees approach client engagements, meetings, and presentations. It assists in identifying weaknesses in arguments, anticipating questions, and creating connections between different areas of expertise, ultimately enhancing the quality and efficiency of contributions. Additionally, Lilli facilitates the identification of analogues or comparables, offering valuable insights from a wide range of sources.
Named after Lillian Dombrowski, the first professional woman hired by McKinsey, the platform embodies her nimble, flexible, and thorough approach. Lilli’s development involved collaboration across various functions, ensuring security and compliance while harnessing the creative potential of the workforce. The initiative highlights the company’s commitment to embracing AI to streamline processes and deliver innovative solutions to clients.