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MECE: Real-World Examples

StrategyU

By applying this principle, I’m sure you will be better equipped to simplify complex problems, make more informed decisions, and communicate ideas more effectively. And that’s true whether you’re in marketing, product management, finance, or any other business function, or don’t work in business at all (MECE!).

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Eight common challenges of boutique consulting firms

StrategyU

When I started this, I thought that my audience would be people in big companies stuck inside strategy, finance, or analytics groups that didn’t have access to training. 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.

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The Pyramid Principle: Book Summary & Review (Part 2: Logic In Thinking)

StrategyU

For example, let’s say you are assessing a business. You might create a simple framework looking at things from a high-level: strategy, finance, operations, and talent. Do you have a toolkit for business problem solving? Another way of applying structure is through frameworks.

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

StrategyU

One exercise I have all people go through who are thinking about taking the leap is the fear setting exercise , which forces you to write down some of your worst fears in relation to finances and other fears of failure. I made a number of changes in my finances, including lowering my rent and changing some of my spending habits.

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

StrategyU

Using the GSO, consultants started every engagement by thinking of the outlook for the industry of their client, the place of the client in the industry, the effectiveness of management, the state of its finances, and favorable or unfavorable factors that might affect the future of the firm.”.

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The Seven Traits of Highly Effective Consulting Problem Solvers

StrategyU

Consider any major business transformation – whether it’s developing a new product, entering a new market, or restructuring an organization. Engineers need to work with designers and finance teams with operations, and everyone needs to understand the customer perspective. Do you have a toolkit for business problem solving?

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Consulting Industry Overview: The 15+ Kinds Of Consulting

StrategyU

3 Risk and Compliance Consulting This sector focuses on guiding regulatory compliance, risk management, and internal controls, often for highly regulated industries like finance, healthcare, and energy. Do you have a toolkit for business problem solving? Example Firms : Protiviti, Marsh & McLennan, Control Risks.