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Exploring Consulting Frameworks: The Experience Curve

StrategyU

The Experience Curve is one of the most famous frameworks in consulting. It was developed in the 1960s by Boston Consulting Group (BCG), one of the biggest consulting companies in the world at the time. If they are, then there is a clear problem. Do you have a toolkit for business problem solving?

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How Top-Tier Consultants at McKinsey, Bain, and BCG Really Solve Problems 

StrategyU

Problem-solving” is one of the most overused and least understood phrases in the business world. When many people talk about solving problems, they are rarely talking about a problem-solving process. What I got wrong about problem-solving What are the most important skills you need to be successful?

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Mini-Course Lesson 2: Using MECE in Your Work

StrategyU

One of the most important ideas in consulting problem solving is MECE. If you’ve been around current or former strategy consultants, you probably heard someone say this. It’s typically pronounced, mee-see. MECE is an acronym for the phrase Mutually Exclusive, Collectively Exhaustive.

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Five Steps to Make a Presentation Using Strategy Consulting Principles

StrategyU

Strategy consulting isnt just about analyzing data and advising clientsits also about communicating complex ideas in a clear, persuasive, and compelling manner. In strategy consulting, clarity of purpose is paramount. Create The Presentation A well-structured outline is the backbone of any consulting presentation.

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What Consultants Actually Do?

StrategyU

Consulting is a term thats tossed around in boardrooms, business school campuses, and everyday conversation. Yet, what do consultants actually do? Despite common stereotypes and vague assumptions, the consulting profession is multifaceted and demanding. Consulting can be divided into several kinds of work.

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Do Consulting Case Study Interviews Work? A deep dive

StrategyU

I was taking part in the Basic Consulting Readiness training and talking to my new friend Josh. He detailed how he had decided in high school, after getting into Stanford, that he would work in strategy consulting. I downloaded the book in 2006 to prepare for my consulting interviews.

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Five Powerful Consulting Frameworks: MECE, 7S, Porter’s Five Forces, BCG Growth-Share & Ansoff

StrategyU

When interviewing for my first job in consulting, I spent a lot of my time practicing applying business frameworks to hypothetical case interview questions. I read Case in Point and Case Interview Secrets and spent a long time trying to find every last business framework via google. Second, I wasn’t thinking long-term.