StrategyU

SEPTEMBER 11, 2023

That’s exactly what Lilli is, According to them, “Employees can prompt Lilli with a question, and the tool will scan the knowledge base, locate five to seven relevant pieces of information, summarize key points, include links, and identify experts in the field.” They were experts in helping people find information. It was really good.

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StrategyU

SEPTEMBER 10, 2024

MECE (Mutually Exclusive, Collectively Exhaustive) is a powerful problem-solving framework that is used in management consulting and various business functions. MECE in Product Management: Feature Prioritization Product managers often juggle numerous feature requests and ideas. you are not alone.

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StrategyU

SEPTEMBER 20, 2024

You just got a meal of useless information. The biggest problem with this is that people know about the feedback sandwich. The Problems With Most Feedback There are many issues with traditional feedback. My person Pet peeves : Managers often focus on minor annoyances rather than major issues.

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StrategyU

NOVEMBER 18, 2021

Although these were often focused on different levels of the business and different topics, all of the “strategies” were similar. The presentation includes a detailed assessment of Pepsi’s past, its current situation, and then a lot of specific information about each of the three pillars.

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StrategyU

JANUARY 27, 2021

Indro Nooyi was the CEO of Pepsi and now works with the Yale School of Management as well as working with the state of Connecticut on the Covid-19 rollout. The courses I enjoyed the most (at Yale) were statistics and operations management. Do you have a toolkit for business problem solving?

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StrategyU

AUGUST 22, 2023

” Here is what it said Here are three ways someone might use a tool like Bard to help them work like a strategy consultant: Gathering and analyzing information. Bard can be used to quickly and efficiently gather information from a variety of sources, including news articles, research papers, and social media.

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StrategyU

SEPTEMBER 16, 2022

Instead, you need to develop a better process for synthesizing and structuring information. This is even more important in the digital age where you don’t actually have to go to a different space like a library to find information. The lowest level is made up of individual pieces of information. Barbara Minto.

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StrategyU

OCTOBER 2, 2023

The tendency to feel like you need to “prove” to managers or senior leaders that you spend a lot of time working on something. Part of this comes from insecurity but another part comes from the reality that you went through your own extended learning journey with the information.

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StrategyU

SEPTEMBER 20, 2024

It’s not just about your direct competitors, but about the entire ecosystem your business operates in. Framework #4: The BCG Growth/Share Matrix Helps You Balance Your Product Portfolio If you’ve ever felt overwhelmed trying to manage multiple products or consider multiple business units, the BCG Matrix will help you.

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StrategyU

APRIL 19, 2022

The shift from the post-graduate position which focuses on data analysis and execution to the project manager position is the hardest in consulting. The Project Management and Pre-Partner Roles. Bain has two roles at the project manager level – Manager and Senior Manager.

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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. Managing scope creep is an art and how much “creep” a consultant allows is really a matter of judgment.

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StrategyU

MARCH 10, 2024

Often hysterically funny and uncomfortably close to the truth (the consultants’ whiteboard in Office Space with the title “Planning to Plan” is a personal favorite), Hollywood’s depiction of strategy consulting relies on an out-of-date perception of management consulting that looks nothing like the reality of the present.

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StrategyU

AUGUST 19, 2024

At GE, where I worked previously, no one talked about anything beyond how to format spreadsheets to avoid triggering the managers and higher-ups. While at McKinsey, we were trying to solve something we had never solved before! Having “too much”: You are near the end of the project and you have hundreds of pieces of information.

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StrategyU

OCTOBER 6, 2024

Specifically, they all: #1 Have a top-management mindset #2 Obsess over process and meta-process #3 Embrace clear “standards of performance” Principle #1: Top Management Mindset – Have employees that can think “from the top “ Many people operating inside companies are laser-focused on the everyday tasks of their jobs.

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StrategyU

MAY 29, 2024

But now, this information is far easier to find online, and the fact that you need to prepare is common knowledge – everyone knows that everyone knows you need to prepare. Do you have a toolkit for business problem solving? Those case prep books I mentioned?

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StrategyU

SEPTEMBER 28, 2022

Over and over again in my coaching work, I am surprised at how little time is spent on actually processing information and thinking about how other people might interpret certain information. It’s a nudge to go beyond sharing a bunch of information and thinking about what you are really trying to say.

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StrategyU

JULY 5, 2020

The history of strategy consulting starts with Frederick Taylor and the Scientific Management movement but took many twists and turns as it evolved into its current state, an industry looking inward and pondering where it fits in the new technology-powered business world. Chapter 1: Frederick Taylor: “The System Must Be First”.

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StrategyU

JULY 23, 2021

Managing this delicate balance is vital to ensure you lay the groundwork to building a lasting freelance business. Do you have a toolkit for business problem solving? However, if you’re hedging, others will know it too.

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StrategyU

OCTOBER 29, 2024

Analytical Thinking Analytical thinking is the ability to break down complex issues into manageable components and identify patterns in data. Resilience and Adaptability Problem-solving is rarely a linear process. It requires resilience in the face of setbacks and the flexibility to adjust course based on new information.

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StrategyU

OCTOBER 31, 2024

But outside of these firms, there’s a huge spectrum of smaller consultancies doing similar strategy work with directors, VPs, and middle management, often building successful businesses with long-term clients. They also help with CEO transitions, governance structure, and crisis management.

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