StrategyU

SEPTEMBER 20, 2024

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.

Problem Solving 52

Problem Solving Consulting Business Problem Solving Recruitment 52

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. one that would focus on business strategy.

Consulting 52

Consulting Strategy Engineering Manufacturing 52

StrategyU

NOVEMBER 28, 2020

In my several years in strategy consulting, I learned about the many ways data, information and charts could be used to fit with an existing storyline. What is the intent of this presentation of information? Do you have a toolkit for business problem solving? Is this the best way to show the data?

Consulting 52

Consulting Business Problem Solving Problem Solving Strategy 52

StrategyU

OCTOBER 2, 2023

Do you have a toolkit for business problem solving? I created Think Like a Strategy Consultant as an online course to make the tools of strategy consultants accessible to driven professionals, executives, and consultants. Ask yourself while working on things: “So what?” ” “So what?”

Consulting 52

Consulting Business Problem Solving Problem Solving Strategy 52

StrategyU

SEPTEMBER 20, 2024

In a presentation to First Round Capital in 2015 she presented an intuitive framework: Source: Radical Candor Many people can quickly identify experiences where they have received feedback that falls in the yellow or green zone. For example, anytime I give a public presentation I always ask one audience member to give me feedback.

Consulting 59

Consulting Business Problem Solving Construction Problem Solving 59

StrategyU

JANUARY 20, 2025

If youre ready to go deeper, consider enrolling in Think Like a Strategy Consultant. I created Think Like a Strategy Consultant as an online course to make the tools of strategy consultants accessible to driven professionals, executives, and consultants. Click here to learn more or if you are interested in getting started now.

Communication 52

Communication Consulting Manufacturing Business Problem Solving 52

StrategyU

MARCH 10, 2024

The mystique of strategy consulting has inspired films such as Office Space and Up In the Air and TV shows like House of Lies. While I generally agree with many of the criticisms of strategy consulting, I am more interested in demystifying what consultants do and how you can learn the same skills without having to work in the industry.

Consulting 52

Consulting Strategy Business Problem Solving Management 52

StrategyU

SEPTEMBER 20, 2024

Ansoff’s matrix for growth strategy). use MECE not just for problem-solving, but also for structuring your communication. MECE presentations are always more clear and more persuasive. For example, let’s say you decide to shift your strategy from being a cost leader to a premium brand.

Consulting 59

Consulting Problem Solving Strategy Development 59

StrategyU

FEBRUARY 8, 2025

Alternative Approach: Consider combining social media and affiliate marketing into a single category if the strategies and metrics used overlap significantly, then add a separate category for emerging digital channels such as mobile app advertising. The post Ten Business MECE Examples appeared first on StrategyU. Want more examples?

Consulting 52

Consulting Media Business Problem Solving Problem Solving 52

StrategyU

FEBRUARY 8, 2025

Management consulting focuses on improving overall organizational performance; strategy consulting helps companies decide on the best course for growth and competitive advantage; technology consulting centers on digital transformation and IT strategy; and there are many niche areas such as human resources, marketing, and operations consulting.

Consulting 40

Consulting Problem Solving Continual Learning Career Path 40

StrategyU

JULY 7, 2021

In my course, Think Like A Strategy Consultant, you have to complete an issue tree for a case example featuring Facebook’s transition from desktop to mobile and I’ll walk you through the process step-by-step which also providing you feedback if you want. Do you have a toolkit for business problem solving?

Consulting 59

Consulting Problem Solving Business Problem Solving Brainstorming 59

StrategyU

AUGUST 22, 2023

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.

Consulting 52

Consulting Business Problem Solving Strategy Problem Solving 52

StrategyU

SEPTEMBER 10, 2024

Using this framework, the company’s CFO could present a clear picture of revenue trends to the board. Check out this video for a deeper dive into MECE and other strategy consulting skills. Do you have a toolkit for business problem solving? Strategic planning: Helps identify areas for growth or improvement.

Consulting 52

Consulting Retail Problem Solving Motivation 52

StrategyU

OCTOBER 6, 2024

They might say yes initially but then I ask if they’ve read strategy reports, investor documents, done store visits (if appropriate), and done interviews to understand their clients better. We tend to glorify words like “Strategy,” but strategy isn’t that complex. If so, how much? They never thought of it.

Consulting 52

Consulting Performance Strategy Business Problem Solving 52

StrategyU

SEPTEMBER 28, 2022

If you’d like to go to the previous section you can find the following links to each: Logic In Writing Logic In Thinking Logic in Problem-Solving Logic In Presentation. For example, let’s say you are assessing a business. Do you have a toolkit for business problem solving?

Consulting 52

Consulting Problem Solving Business Problem Solving Communication 52

StrategyU

OCTOBER 2, 2023

When I give feedback to people on writing and presentations, I often just ask them, “What are you really trying to say?” Do you have a toolkit for business problem solving? Say, “Given the recent challenges on our major product lines, this analysis will show the two major pressures that have put pressure on profitability.”

Consulting 40

Consulting Business Problem Solving Problem Solving Communication 40

StrategyU

MAY 29, 2024

He detailed how he had decided in high school, after getting into Stanford, that he would work in strategy consulting. At the highest level, most cases are similar: The interviewer presents background on a “client’s” business problem or scenario (e.g., Do you have a toolkit for business problem solving?

Consulting 52

Consulting Problem Solving Recruitment Communication 52

StrategyU

NOVEMBER 17, 2023

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.

Consulting 40

Consulting Pharmaceutical Business Problem Solving Strategy 40

StrategyU

JANUARY 27, 2021

She gives credit to her time in consulting for being able to become a CEO: “I don’t think I could have gotten here without a strategy consultant background because it taught me inductive thinking. Do you have a toolkit for business problem solving? Both versions include lifetime access and all future updates.

Consulting 64

Consulting Business Problem Solving Career Problem Solving 64

StrategyU

SEPTEMBER 11, 2023

Related Essays And if you’d like to explore this thinking further, here are some resources you can spend time with: ​ Critical Thinking Is Still Valuable ​ ​ How I’d use AI tools if I were still a consultant Do you have a toolkit for business problem solving? Both versions include lifetime access and all future updates.

Consulting 52

Consulting Manufacturing Business Problem Solving Solution 52

StrategyU

JUNE 28, 2022

In 1976 the founder of Boston Consulting Group, Bruce Henderson published a strategy memo with a bold claim : “ a stable competitive market never has more than three significant competitors, the largest of which has no more than four times the market share of the smallest.”. Do you have a toolkit for business problem solving?

Consulting 52

Consulting Business Problem Solving Strategy Problem Solving 52

StrategyU

JUNE 12, 2021

Consultants get criticized for creating “obvious” presentations. Yet in the best case, the presentation is only obvious in the sense that it is the result of a slow, deliberative process to develop clear ideas and takeaways for a specific audience. Do you have a toolkit for business problem solving?

Critical Thinking 75

Critical Thinking Consulting Problem Solving Development 75

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. Do you have a toolkit for business problem solving? In consulting, things are always changing.

Consulting 52

Consulting Business Problem Solving Problem Solving Professional Services 52

StrategyU

APRIL 19, 2022

The Analyst and Associate Levels: Early-Career In Strategy Consulting. Strategy Consulting Firms Hire Entry-Level Consultants, But Typically Less Than Grad School Hires. One weird thing about the strategy consulting industry is that many people join the industry with an intention to leave.

Career Path 52

Career Path Consulting Career Management 52

StrategyU

AUGUST 19, 2024

But what is problem-solving? From a psychological perspective, it’s a cognitive process in which a person uses mental strategies to achieve a goal or find an answer to a challenging situation. Remember, effective problem-solving isn’t about having all the answers – it’s about asking the right questions.

Consulting 59

Consulting Problem Solving Business Problem Solving Strategy 59

StrategyU

NOVEMBER 20, 2023

In 2012, I was first exposed to the world of freelance strategy consultants while working for a-connect. I wanted something that signaled a firm and also allowed me some flexibility in the type of work I did (I landed on Vivo Strategies). At the time, I had a hunch that this was a path I wanted to explore.

Consulting 52

Consulting Banking Accounting Healthcare 52

StrategyU

SEPTEMBER 16, 2022

I will cover each of the four sections of her book: Logic In Writing Logic In Thinking (coming soon) Logic in Problem-Solving (coming soon) Logic In Presentation (coming soon). Minto’s first job in the business world was working for Cyrus Eaton, who founded the Pugwash Conferences of nuclear scientists.

Consulting 52

Consulting Problem Solving Communication Business Problem Solving 52

StrategyU

OCTOBER 29, 2024

The most valuable professionals and leaders aren’t just smart – they consistently demonstrate an ability to solve complex problems. Analytical mindsets allow problem solvers to navigate through complexity and arrive at data-driven solutions as efficiently as possible. We can’t really shape things without imagination.

Consulting 52

Consulting Problem Solving Solution Creativity 52

StrategyU

OCTOBER 31, 2024

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.

Consulting 40

Consulting Healthcare Electronics Manufacturing 40