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The Seven Traits of Highly Effective Consulting Problem Solvers

StrategyU

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 Thinking Analytical thinking is the ability to break down complex issues into manageable components and identify patterns in data.

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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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Why McKinsey Will Win In The Age of AI

StrategyU

McKinsey was one of the first firms to invest heavily in “knowledge management” in the early 2000s. Before going under the fancier sounding “knowledge,” most consulting firms had libraries with physical books and resources that were managed by professionals with a background in library science. It was really good.

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Consulting Industry Overview: The 15+ Kinds Of Consulting

StrategyU

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. Market size estimate : Allied Market Research estimates that this was is a $38.4 from 2023 to 2030.

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How To Build A Culture Of Excellence In A Consulting Firm

StrategyU

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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Do Consulting Case Study Interviews Work? A deep dive

StrategyU

But coming up with solutions for a client’s problem is never as easy as pulling a framework out of a hat. If you don’t learn how to think creatively, how to ask the questions that clients aren’t asking themselves, and how to craft a new solution that hasn’t been done before, you will struggle to stand out in your work.

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How Top-Tier Consultants at McKinsey, Bain, and BCG Really Solve Problems 

StrategyU

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. While at McKinsey, we were trying to solve something we had never solved before!