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How To Beat The McKinsey Solve Game

StrategyU

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. The McKinsey Problem Solve Game consists of different mini-games, each designed to test different aspects of your cognitive abilities and problem-solving skills.

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How To Build A Culture Of Excellence In A Consulting Firm

StrategyU

All these places had leaders who said the right things and talked about building cultures of high performance, high standards, and excellence but the lived reality always fell short. We tend to glorify words like “Strategy,” but strategy isn’t that complex. If so, how much? They never thought of it.

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MECE: Real-World Examples

StrategyU

Performance measurement: Enables clear tracking of marketing effectiveness per segment Using the MECE segmentation, the retailer can create distinct email campaigns for each motivation group, featuring appropriate products and messaging. Performance analysis: Allows for easy comparison between channels.

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Consulting Industry Overview: The 15+ Kinds Of Consulting

StrategyU

The most famous kinds of consulting The three biggest areas of consulting are strategy and operations, technology, and financial and transaction advisory. Here’s some examples of the “big three” industries: #1 Strategy and Operations Consulting At the top of the consulting world are firms like McKinsey, Bain, and BCG.

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Five Powerful Consulting Frameworks: MECE, 7S, Porter’s Five Forces, BCG Growth-Share & Ansoff

StrategyU

Ansoff’s matrix for growth strategy). Framework #2: The McKinsey 7-S Framework Aligns Your Organization for Success Imagine you’re trying to improve your company’s or team’s performance, but you’re not sure where to start. They thought the problem was just about salary (which would fall under “Systems”).

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How I’d Use AI Tools (If I Still Worked In Consulting)

StrategyU

To demonstrate this, I asked Bard , googles AI chat tool, the following question: “What are three ways someone might use a tool like Bard that would help them work like a strategy consultant?” This information can then be analyzed to identify trends, patterns, and insights that would be helpful to a strategy consultant.

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Eight common challenges of boutique consulting firms

StrategyU

I started StrategyU with the intention of teaching knowledge workers the tools, frameworks, mindsets, and approaches that I learned in strategy consulting. 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.