Remove Business Problem Solving Remove Consulting Remove Solution
article thumbnail

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.

article thumbnail

Five Freelancing Skills That Matter – Lessons From A Former Strategy Consultant

StrategyU

Having made this transition after working in the consulting industry was easier than it would have been if I had made the leap from industry but there was still a lot I had to figure out along the way. Consulting under your personal name is becoming a lot more normal in the age of social media and personal branding.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

StrategyU

But, after nearly a decade of working in consulting and teaching consulting skills, I’ve come to believe that problem-solving is the most important skill. But what is problem-solving? Why is problem-solving at the core of consulting? It’s a fair question.

article thumbnail

How To Build A Culture Of Excellence In A Consulting Firm

StrategyU

But I didn’t appreciate how rare that was until working at consulting firms where I found it incredibly hard to do that same level of work. From working with many different organizations as a consultant, I’ve started to notice that the companies that are able to build a culture of excellence all have a few things in common.

article thumbnail

A Brief History of Strategy Consulting: 100 years from Frederick Taylor to the “Next New Normal”

StrategyU

The history of strategy consulting starts with Frederick Taylor and the Scientific Management movement but took many twists and turns as it evolved into its current state, an industry looking inward and pondering where it fits in the new technology-powered business world. Chapter 1: Frederick Taylor: “The System Must Be First”.

article thumbnail

Issue Trees – What Are They and How Do You Use Them?

StrategyU

Issue trees are a useful approach to breaking down a problem statement into component parts that can more easily be acted upon. In consulting teams, it’s often done in the first couple of weeks of a project. The first test of the issue tree is when you are doing the initial research and analysis after you structure the problem.

article thumbnail

Why McKinsey Will Win In The Age of AI

StrategyU

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?