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

StrategyU

Problem-solving” is one of the most overused and least understood phrases in the business world. When many people talk about solving problems, they are rarely talking about a problem-solving process. What I got wrong about problem-solving What are the most important skills you need to be successful?

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How To Beat The McKinsey Solve Game

StrategyU

It’s not just any test; it’s a game designed to challenge your thinking, and your problem-solving abilities, right from the start—every click you make counts on how you will be perceived. What is the McKinsey Problem Solve Game? As you prepare to take on this challenge, the weight of its importance bears down on you.

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

StrategyU

Strategy” is a word that attracts a lot of excitement in the business world. People who work on strategy get paid more and senior executives like to use the word a lot to talk about their decisions. In consulting, I worked with many companies helping them to develop strategies.

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Exploring Consulting Frameworks: The Experience Curve

StrategyU

Here is an excerpt from Lords of Strategy about how BCG helped to repackage this thinking: BCG devised the curve in 1966. A client, General Instruments, was having trouble matching competitors’ prices in its television-components business. If they are, then there is a clear problem. Wishful Thinking? ” Damn.

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Three Kinds Of Frameworks You Can Use To Communicate More Clearly

StrategyU

.” This is the overarching aim of most businesses and this broad, general goal provides a way for company leaders to look at this framework and have an entry point where they can find agreement. Do you have a toolkit for business problem solving?

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Issue Trees – What Are They and How Do You Use Them?

StrategyU

How Issue Trees Are Linked With Problem Solving. At StrategyU we are fans of the SCQA process to define problems and develop hypotheses. This approach enables us to have a rigorous problem-solving approach to business problems instead of starting with the solution in mind from the beginning.

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Five Freelancing Skills That Matter – Lessons From A Former Strategy Consultant

StrategyU

A common strategy is to start with a brand and then shift to working under your name later. In my case, I started freelancing under the name “Vivo Strategies.” At this point, I still use the Vivo Strategies for legal documents but rarely use it with anything else. Do you have a toolkit for business problem solving?