Accounting Business Problem Solving Strategy 
StrategyU
FEBRUARY 8, 2025
In 2025, the world of strategy consulting continues to evolve rapidly. Over the past decade, the strategy consulting industry has weathered several transformational wavesfrom postpandemic recoveries and digital transformation booms to increased demand for sustainability and costoptimization strategies.
StrategyU
MARCH 31, 2022
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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StrategyU
SEPTEMBER 10, 2024
Check out this video for a deeper dive into MECE and other strategy consulting skills. 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.
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?
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.
StrategyU
NOVEMBER 20, 2023
In 2012, I was first exposed to the world of freelance strategy consultants while working for a-connect. I had a number of great conversations and I asked them accounting, business and life questions. I decided to use a no-fee chase credit card I already had and only use it for business expenses.
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. Bain also has their framework for problem-solving: the RAPID decision-making framework.
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