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

StrategyU

For example, under “Threat of new entrants,” they might consider factors like economies of scale, brand loyalty, or government regulations. Developed by the Boston Consulting Group, this framework helps you visualize and balance your product portfolio. Do you have enough cash cows to fund the development of potential stars?

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John Legend Made Slides? What Famous Alums Learned In Consulting

StrategyU

Many leaders of companies, governments and other institutions started their careers in consulting but have not spoken extensively about their experiences and what it taught them. ” It enabled him to develop a clear-thinking perspective to truly understand the very essence of a problem.”

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

StrategyU

So in the last 1800s, Frederick Taylor and several others in the US started exploring new ways to think about running a business. Part of the toolkit McKinsey developed was a 30-page document called the “General Survey Outline” (GSO) and it stood out for how it was different than Taylor’s “how-to” approach.

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The Ultimate Guide To Becoming A Freelance Consultant: 25 Things I’ve Learned

StrategyU

After having a couple more jobs which I continued to learn, develop confidence in my skills and gain more clarity over the type of work I wanted to do, I decided it was time to make the leap. During this transition, many people develop a completely different mindset and perspective on work, income, money and how they live life.

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Consulting Industry Overview: The 15+ Kinds Of Consulting

StrategyU

per year Example Project: A leading retail chain is struggling to adapt to the rise of e-commerce and wants to shift part of its business online. A strategy consulting team from McKinsey works with their C-suite to develop a digital transformation roadmap. Market size estimate : Allied Market Research estimates that this was is a $38.4