This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Practice Effective Storytelling Your presentation should tell a cohesive story that moves your audience from the current state to your proposed solution. For more, see my book review on Barbara Minto’s book Pyramid Principle (specifically the section on order of information).
Barbara Minto’s The Pyramid Principle has been one of the most influential books for business writing. The Pyramid Principle is a book that is equal parts wonky, technical, playful, and deep. The Pyramid Principle is a book that is equal parts wonky, technical, playful, and deep. This drove her throughout her career.
Before going under the fancier sounding “knowledge,” most consulting firms had libraries with physical books and resources that were managed by professionals with a background in library science. Invest heavily in software solutions to sell ongoing services to existing clients at higher margins. What are the best use cases?
Who wouldn’t want to test a candidate’s problem-solving abilities (rather than hear about them in the traditional behavioral interview)? The Most Famous Case Practice Book Marc Cosentino has the best business plan for books: write one that almost everyone who wants to work in consulting has to buy.
At its best, consulting is selling a process not solutions which means one of the best uses of time is to obsess over the process. Elizabeth Haas Edersheim, one of McKinsey’s first female partners, wrote about McKinsey’s philosophy in her book McKinsey’s Marvin Bower : We started out in 1939 billing on a per-diem basis.
He was skeptical of how a team of twenty-something analysts and associates could address problems that his senior leadership team was struggling with. In consulting, you are solvingproblems that don’t have a clear solution, yet. Do you have a toolkit for businessproblemsolving?
” 3) “Productized” / Solutions: The simplest version of a “productized” offering is a couple-page document or PowerPoint slide outlining a specific problem, an approach, and a price. Do you have a toolkit for businessproblemsolving? Click Here To Learn More And Enroll.
Dewey added that critical thinking is “suspended judgment, and the essence of this suspense is inquiry to determine the nature of the problem before proceeding to attempts at its solution.”. Silver writes in his book about separating signal from noise, “The signal is the truth. This process is not natural.
Instead of shop floor experience, McKinsey was a Professor who had taught at schools like Columbia University and The University of Chicago, had obtained his CPA and also wrote a book titled Budgetary Control. In the 1960’s when he walked away from the firm, he sold back his shares at book value instead of cashing out with guaranteed riches.
This discovery completely reframed the problem and led to a more effective solution. Why is this solution better? Good problem solvers thrive in these sessions. Analytical mindsets allow problem solvers to navigate through complexity and arrive at data-driven solutions as efficiently as possible.
We organize all of the trending information in your field so you don't have to. Join 36,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content