StrategyU

OCTOBER 29, 2024

This discovery completely reframed the problem and led to a more effective solution. Why is this solution better? Good problem solvers thrive in these sessions. Analytical mindsets allow problem solvers to navigate through complexity and arrive at data-driven solutions as efficiently as possible.

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Consulting Problem Solving Solution Creativity 52

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

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Consulting Healthcare Electronics Manufacturing 40

StrategyU

SEPTEMBER 20, 2024

Each mini-game within the Problem Solve Game presents you with complex, real-world scenarios that consultants might encounter in their work. But it’s not just about reaching the correct solution—how you approach the problem, the strategy you use, and the decisions you make along the way are just as important.

Problem Solving 52

Problem Solving Consulting Business Problem Solving Recruitment 52

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. Invest heavily in software solutions to sell ongoing services to existing clients at higher margins.

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Consulting Manufacturing Business Problem Solving Solution 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?

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Consulting Problem Solving Business Problem Solving Brainstorming 59

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., But coming up with solutions for a client’s problem is never as easy as pulling a framework out of a hat. Do you have a toolkit for business problem solving?

Consulting 52

Consulting Problem Solving Recruitment Communication 52

StrategyU

AUGUST 19, 2024

He was skeptical of how a team of twenty-something analysts and associates could address problems that his senior leadership team was struggling with. In consulting, you are solving problems that don’t have a clear solution, yet. Do you have a toolkit for business problem solving?

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Consulting Problem Solving Business Problem Solving IT 59