McKinsey’s Lilli: The New Generative AI Tool
McKinsey & Company, one of the world’s largest consulting agencies, has been quickly adopting generative AI tools, and half of its 30,000 employees have already been utilizing this technology.
McKinsey has now introduced Lilli, a chat application developed for its employees. This tool was crafted by McKinsey’s “ClienTech” team and provides information, data, insights, plans, and even suggests internal experts for various consulting projects. This is based on over 100,000 documents and interview transcripts.
Features and Usage:
Lilli’s interface is similar to other text-to-text gen AI tools but has unique features like a sidebar with saved prompts and a separate “Sources” section for attribution.
The tool has two tabs: “GenAI Chat” and “Client Capabilities”, catering to general and company-specific data.
It has already proven useful in research, answering 50,000 questions in just two weeks, and reducing research times significantly.
Lilli is intended to be used at nearly all stages of McKinsey’s consultation process, from initial research to plan drafting.
Technology and Potential:
Lilli uses existing LLMs, notably from Cohere and OpenAI.
It acts as a bridge between the user and the underlying data, ensuring a secure interaction.
McKinsey is open to the idea of white-labelling Lilli for external use by clients or other firms.
The tool seems to be a promising addition to McKinsey’s tech suite and reflects the growing influence and integration of AI in professional settings.
Source: Franzen, C. (2023, August 16). Consulting giant McKinsey unveils its own generative AI tool for employees: Lilli. VentureBeat.
