StrategyU

SEPTEMBER 10, 2024

But even if I hadn’t gone on to work in consulting, I now know that MECE is a valuable tool for anyone who wants to think more clearly and solve problems more effectively. MECE (Mutually Exclusive, Collectively Exhaustive) is a powerful problem-solving framework that is used in management consulting and various business functions.

Consulting 52

Consulting Retail Problem Solving Motivation 52

StrategyU

MAY 29, 2024

At the highest level, most cases are similar: The interviewer presents background on a “client’s” business problem or scenario (e.g., Who wouldn’t want to test a candidate’s problem-solving abilities (rather than hear about them in the traditional behavioral interview)? There are a few problems with this.

Consulting 52

Consulting Problem Solving Recruitment Communication 52

StrategyU

JULY 7, 2021

You might develop the next leg of your tree: This tree is not perfect and the answers at the lowest level are not collectively exhaustive for all the possibilities for increasing revenue and decreasing costs. How Issue Trees Are Linked With Problem Solving. Do you have a toolkit for business problem solving?

Consulting 59

Consulting Problem Solving Business Problem Solving Brainstorming 59

StrategyU

SEPTEMBER 20, 2024

The easiest way to develop a strong rapport with colleagues is to get to know them. Do you have a toolkit for business problem solving? . #2 Cultivate a Foundation of Respect : All feedback is built on a foundation of respect. I know — but many people do not take this step. Is the feedback timely and specific?

Consulting 59

Consulting Business Problem Solving Construction Problem Solving 59

StrategyU

MARCH 31, 2022

It was developed in the 1960s by Boston Consulting Group (BCG), one of the biggest consulting companies in the world at the time. The Experience Curve relies on the underlying assumption that the more experience a business has in producing a particular product or rendering a service, the lower its cost.

Consulting 72

Consulting Manufacturing Business Problem Solving Problem Solving 72

StrategyU

OCTOBER 31, 2024

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

Consulting 40

Consulting Healthcare Electronics Manufacturing 40

StrategyU

SEPTEMBER 11, 2023

Big firms are set up to dominate even more… I think AI tools will help firms like McKinsey, BCG, and Bain (though Bain was much later to invest in knowledge management) develop a bigger lead in management consulting. I also think you’ll see a lot of wasted effort on solutions that clients may not care about.

Consulting 52

Consulting Manufacturing Business Problem Solving Solution 52

StrategyU

NOVEMBER 29, 2021

.” This is the overarching aim of most businesses and this broad, general goal provides a way for company leaders to look at this framework and have an entry point where they can find agreement. Do you have a toolkit for business problem solving?

Communication 75

Communication Consulting Business Problem Solving Problem Solving 75

StrategyU

NOVEMBER 17, 2023

If training is something you can deprioritize, your firm will struggle with developing internal capabilities. Do you have a toolkit for business problem solving? The training was vital to the success of the firm, and everyone treated it as such.

Consulting 40

Consulting Business Problem Solving Pharmaceutical Strategy 40

StrategyU

OCTOBER 2, 2023

Do you have a toolkit for business problem solving? This course teaches you how to synthesize information into compelling insights, structure your information in ways that help you solve problems, and develop presentations that resonate at the C-Level. So remember. Start from the top.

Consulting 40

Consulting Business Problem Solving Problem Solving Communication 40

StrategyU

AUGUST 22, 2023

Do you have a toolkit for business problem solving? This course teaches you how to synthesize information into compelling insights, structure your information in ways that help you solve problems, and develop presentations that resonate at the C-Level.

Consulting 52

Consulting Business Problem Solving Strategy Problem Solving 52

StrategyU

JUNE 12, 2021

Companies hire consulting firms because of their ability to deploy a rigorous problem-solving process to a wide range of problems. The McKinsey problem-solving approach is one example and is been copied and altered by many companies in the business world. It Has Compounding Benefits.

Critical Thinking 75

Critical Thinking Consulting Problem Solving Development 75

StrategyU

NOVEMBER 15, 2023

This is why consulting can feel more like therapy than business problem-solving. This is the value of a consultant, the ability to continue to search for the problem behind the problem. Do you have a toolkit for business problem solving? In consulting, things are always changing.

Consulting 52

Consulting Business Problem Solving Problem Solving Professional Services 52

StrategyU

NOVEMBER 28, 2020

Do you have a toolkit for business problem solving? This course teaches you how to synthesize information into compelling insights, structure your information in ways that help you solve problems, and develop presentations that resonate at the C-Level. What is the intent of this presentation of information?

Consulting 52

Consulting Business Problem Solving Problem Solving Strategy 52

StrategyU

SEPTEMBER 28, 2022

If you’d like to go to the previous section you can find the following links to each: Logic In Writing Logic In Thinking Logic in Problem-Solving Logic In Presentation. One of the most important parts of organizing information is developing a clear summary or insight that describes the group.

Consulting 52

Consulting Problem Solving Business Problem Solving Communication 52

StrategyU

MARCH 10, 2024

Do you have a toolkit for business problem solving? This course teaches you how to synthesize information into compelling insights, structure your information in ways that help you solve problems, and develop presentations that resonate at the C-Level.

Consulting 52

Consulting Strategy Business Problem Solving Management 52

StrategyU

APRIL 19, 2022

As the scale and ambition of these firms increased, they needed more people to do the work and needed to develop internal pipelines of future partners. In addition to client work, consultants are pressured to develop a “spike” or topic expertise where they can become a go-to person for many clients in the future.

Career Path 52

Career Path Consulting Career Management 52

StrategyU

JUNE 28, 2022

Do you have a toolkit for business problem solving? This course teaches you how to synthesize information into compelling insights, structure your information in ways that help you solve problems, and develop presentations that resonate at the C-Level.

Consulting 52

Consulting Business Problem Solving Strategy Problem Solving 52

StrategyU

OCTOBER 6, 2024

Do you have a toolkit for business problem solving? This course teaches you how to synthesize information into compelling insights, structure your information in ways that help you solve problems, and develop presentations that resonate at the C-Level. He was extremely demanding without a lot of noise.

Consulting 52

Consulting Performance Strategy Business Problem Solving 52

StrategyU

JANUARY 27, 2021

” It enabled him to develop a clear-thinking perspective to truly understand the very essence of a problem.” Do you have a toolkit for business problem solving? Less is the head of the famous Private Equity group with more than a quarter of a trillion dollars under management.

Consulting 64

Consulting Business Problem Solving Career Problem Solving 64

StrategyU

JULY 23, 2021

When I first started freelancing I developed a simple page of the possible ways of working with me. In addition to this, I also developed a list of types of projects I wanted to work on. It’s best if you develop these frameworks together but they can often start as a simple list of items.

Consulting 59

Consulting Strategy Networking Development 59

StrategyU

NOVEMBER 20, 2023

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.

Consulting 52

Consulting Banking Accounting Healthcare 52

StrategyU

JULY 5, 2020

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.

Consulting 52

Consulting Strategy Engineering Accounting 52

StrategyU

SEPTEMBER 16, 2022

This is great for me, as I love that kind of book and it’s helped me reflect on my experience at McKinsey and my attempts to figure out why I was able to develop such strong capabilities there. Minto’s first job in the business world was working for Cyrus Eaton, who founded the Pugwash Conferences of nuclear scientists.

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Consulting Problem Solving Communication Business Problem Solving 52