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The Strategy Consulting Industry: Firms, Trends & Compensation (2025)

StrategyU

Internal Growth and Professional Development Most strategy consulting firms offer structured career progression: MBB Firms: Typically follow an up or out model, where consultants are expected to move up the ranks or leave after a few years if they do not achieve partnership.

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Five Steps to Make a Presentation Using Strategy Consulting Principles

StrategyU

The Pyramid Principle The Pyramid Principle is vital for developing persuasive presentations. Practice Effective Storytelling Your presentation should tell a cohesive story that moves your audience from the current state to your proposed solution. Do you have a toolkit for business problem solving?

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What Consultants Actually Do?

StrategyU

Consultants are brought in to diagnose problems, identify opportunities, and recommend actionable solutions. They gather data, conduct interviews, and analyze internal processes to diagnose problems or pinpoint areas of opportunity. Consulting can be divided into several kinds of work.

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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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Why McKinsey Will Win In The Age of AI

StrategyU

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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How To Beat The McKinsey Solve Game

StrategyU

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.

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The Pyramid Principle: A Deep-Dive Book Review (Part 1: Logic In Writing)

StrategyU

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. Instead, you need to develop a better process for synthesizing and structuring information.