StrategyU

MARCH 31, 2022

The Experience Curve is one of the most famous frameworks in consulting. It was developed in the 1960s by Boston Consulting Group (BCG), one of the biggest consulting companies in the world at the time. Here is an excerpt from Lords of Strategy about how BCG helped to repackage this thinking: BCG devised the curve in 1966.

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StrategyU

AUGUST 19, 2024

“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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StrategyU

JANUARY 20, 2025

Minto was the first female consultant at McKinsey and developed these ideas to help consultants communicate complex ideas clearly. But there is some nuance In consulting it is common wisdom to “start with the top.” If youre ready to go deeper, consider enrolling in Think Like a Strategy Consultant.

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Vantage Circle

DECEMBER 21, 2023

In this blog, we will explore strategies and share practical ways to build a creative work culture with real-world examples. Understanding the Benefits of Creative Company Culture 10 Strategies to Create a Creative Company Culture Example of Companies with Great Creative Company Culture What is a Creative Company Culture?

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StrategyU

SEPTEMBER 20, 2024

When interviewing for my first job in consulting, I spent a lot of my time practicing applying business frameworks to hypothetical case interview questions. Though I’m not convinced that the case interview is the best method , I do know that simply regurgitating frameworks is not enough to get a job in consulting.

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StrategyU

JULY 23, 2021

Having made this transition after working in the consulting industry was easier than it would have been if I had made the leap from industry but there was still a lot I had to figure out along the way. Consulting under your personal name is becoming a lot more normal in the age of social media and personal branding.

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StrategyU

MAY 29, 2024

I was taking part in the Basic Consulting Readiness training and talking to my new friend Josh. He detailed how he had decided in high school, after getting into Stanford, that he would work in strategy consulting. I downloaded the book in 2006 to prepare for my consulting interviews.

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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.

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StrategyU

JANUARY 27, 2021

The alumni of top consulting firms are part of all types of organizations around the world. Consulting firms like McKinsey, Bain, and BCG can claim world leaders, public company CEOs, heads of non-profits, entrepreneurs and even musicians. Boston Consulting Group. Most Famous & Infamous Alumni. McKinsey & Company.

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StrategyU

SEPTEMBER 20, 2024

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. Have I made an offer to help them act on the feedback?

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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.

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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. Chapter 1: Frederick Taylor: “The System Must Be First”.

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International Coach Academy

MARCH 3, 2022

When learning the principles of coaching and how to become a coach , we were taught to establish where the client wants to go, where they are now and a collection of strategies to encourage them to unearth motivations and move towards their goal by uncovering blockers or barriers may be beneath the surface of the ‘iceberg’.

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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.

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Harvard Professional Development

MAY 11, 2022

Executive Coach, Leadership & Management Consultant, Resources for Leading. Programs: Design Thinking: Creating Better Customer Experiences (in person) ; Advanced Business Strategy: Gaining a Competitive Edge (online) ; Creative Thinking: Innovative Solutions to Complex Challenges (online). Denver, Colorado.

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StrategyU

OCTOBER 6, 2024

But I didn’t appreciate how rare that was until working at consulting firms where I found it incredibly hard to do that same level of work. From working with many different organizations as a consultant, I’ve started to notice that the companies that are able to build a culture of excellence all have a few things in common.

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StrategyU

NOVEMBER 15, 2023

Think about a problem that you are facing today. “I But if you told a consultant about the problem, they would likely ask you a bunch of questions before saying that. This is a very different problem that needs to be addressed very differently (and reducing your caffeine intake won’t help!).

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StrategyU

NOVEMBER 18, 2021

“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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StrategyU

SEPTEMBER 20, 2024

You’ve set your sights on joining one of the world’s most prestigious consulting firms, where every move you make in the application process counts. 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.

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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?

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StrategyU

APRIL 19, 2022

What’s the difference between an “associate consultant,” “business analyst,” or “associate”? In terms of responsibilities and time in role, the roles at the top three consulting firms (McKinsey, Bain, and BCG) are very similar. When Do Most Consultants Leave Consulting?

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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.

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StrategyU

NOVEMBER 20, 2023

In 2012, I was first exposed to the world of freelance strategy consultants while working for a-connect. For example, early in my career, I would tell people “I am trying to break into consulting.” Test out “I’m making the leap to become a freelance consultant.”

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StrategyU

NOVEMBER 29, 2021

In consulting, you use frameworks all the time. Consulting projects at big firms typically collect enormous amounts of information. Consulting firms get made fun of for turning these into hundred-page decks. .” Do you have a toolkit for business problem solving?

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StrategyU

OCTOBER 2, 2023

In consulting, I was taught to start with the answer. 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. Or can you?!!

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StrategyU

JULY 7, 2021

Issue trees are a useful approach to breaking down a problem statement into component parts that can more easily be acted upon. In consulting teams, it’s often done in the first couple of weeks of a project. How Issue Trees Are Linked With Problem Solving. Do you have a toolkit for business problem solving?

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International Coach Academy

FEBRUARY 26, 2023

In the process of training and practicing as a peer coach in ICA , I noticed that these two approaches to problem-solving have a number of similar qualities, although, of course, they are not identical and interchangeable. It turns into merely a conversation between two people, at best, into mentoring or consulting.

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StrategyU

JUNE 12, 2021

Critical thinking is only possible when you are able to recognize that your default impulses may not be correct and the possibility that there are many different approaches to analyzing a problem. This essay explores critical thinking, how it is applied, identifies limitations, and a vital role in the consulting process.

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StrategyU

OCTOBER 2, 2023

” The job of a great consultant is not just to repackage information. ” The challenge in consulting is that often the client AND the consultant don’t actually know how to work together. The best “think like a consultant” thinkers are ready for this though. ” And then tell them.

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StrategyU

SEPTEMBER 10, 2024

And does it even matter outside of consulting?” 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. Check out this video for a deeper dive into MECE and other strategy consulting skills.

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Vantage Circle

JUNE 26, 2023

For example; People with ASD may be highly detail-oriented and have excellent problem-solving skills. Diverse Perspectives and Problem-solving Neurodivergent individuals often have unique thinking patterns and perspectives, allowing them to approach problems and challenges in innovative and creative ways.

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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. Do you have a toolkit for business problem solving? Most of the time this is done in good faith but other times it enters into a grey area.

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StrategyU

SEPTEMBER 11, 2023

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. A lot of people look at consulting from the outside and think something like AI will hurt demand for consulting.

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Eure Consulting

FEBRUARY 18, 2022

The PSE (People, Strategy, Execution) Method is a proven system and structure that helps companies run in a more profitable and predictable way. Strengthening the Strategy leg is all about clarity and alignment. After the progress updates, you’ll spend the rest of these weekly meetings problem solving.

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StrategyU

SEPTEMBER 16, 2022

It has sold millions of copies and shaped the nature of work done at the top consulting firms, especially McKinsey & Company, where she first popularized her ideas. At the end of those two years, she decided to join McKinsey & Company in 1963 as their first female consultant. Overall I find both Minto and her ideas compelling.

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StrategyU

SEPTEMBER 28, 2022

This book is one of the seminal texts in the consulting world and is increasingly popular in the broader business world. 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.

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She Owns Success

JANUARY 23, 2023

These skills include a variety of things including problem-solving abilities, adaptability and flexibility, teamwork, resilience, and programming languages. Problem-solving abilities In the competitive engineering job market, problem-solving abilities are in demand.

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