Remove Business Problem Solving Remove Management Remove Presentation
article thumbnail

Exploring Consulting Frameworks: The Experience Curve

StrategyU

They pointed out two things about the problems with experience curves. Cost reductions due to learning and technology are the result of continuous, planned efforts by management. Cumulative experience does not guarantee that costs will decline but simply presents management with an opportunity to exploit.

article thumbnail

How To Beat The McKinsey Solve Game

StrategyU

Instead of answering standard multiple-choice questions or writing essays, you’re immersed in a series of interactive mini-games designed to evaluate your problem-solving skills, logical reasoning, and decision-making abilities. Typically, each candidate will be presented to two games.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Give Feedback Like A McKinsey Consultant

StrategyU

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. Too many times, I have seen managers default to focusing on their own neurotic pet peeves. Do you have a toolkit for business problem solving?

article thumbnail

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

StrategyU

Most people don’t realize that you can find the strategy documents of most public companies by going to their investor relations page and then looking for recent presentations that they have made at conferences. In these presentations, you will find frameworks that outline a high-level vision of the company.

article thumbnail

Getting to The “So What?” – The Most Important Question

StrategyU

The same pattern can apply to a knowledge professional and a manager. Do you have a toolkit for business problem solving? This course teaches you how to synthesize information into compelling insights, structure your information in ways that help you solve problems, and develop presentations that resonate at the C-Level.

article thumbnail

MECE: Real-World Examples

StrategyU

But even if I hadn’t gone on to work in consulting, I now know that MECE is a valuable tool for anyone who wants to think more clearly and solve problems more effectively. MECE (Mutually Exclusive, Collectively Exhaustive) is a powerful problem-solving framework that is used in management consulting and various business functions.

article thumbnail

The Cliches of Consulting vs The Reality

StrategyU

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.