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10-Step Problem Solving Process for Business Owners and Entrepreneurs

LivePlan

Business problem solving can become a refined skill if you develop a consistent process. Let's show you how by walking through a simple and repeatable problem solving checklist.

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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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Why Strategy is Simple and How Developing A Strategic Perspective Can Accelerate Your Career

StrategyU

In consulting, I worked with many companies helping them to develop strategies. Although these were often focused on different levels of the business and different topics, all of the “strategies” were similar. How To Develop Your Own Strategic Perspective. Strategy Is Simple (Example: Pepsi).

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How To Beat The McKinsey Solve Game

StrategyU

It’s not just any test; it’s a game designed to challenge your thinking, and your problem-solving abilities, right from the start—every click you make counts on how you will be perceived. What is the McKinsey Problem Solve Game? During the game, you’ll be faced with complex problems that need to be solved quickly.

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Exploring Consulting Frameworks: The Experience Curve

StrategyU

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.

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

StrategyU

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?

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Three Kinds Of Frameworks You Can Use To Communicate More Clearly

StrategyU

.” 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?