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Strategy consulting isnt just about analyzing data and advising clientsits also about communicating complex ideas in a clear, persuasive, and compelling manner. In strategy consulting, clarity of purpose is paramount. Do you have a toolkit for businessproblemsolving?
It comes from the classic businessbook: The Pyramid Principle by Barbara Minto. If youre ready to go deeper, consider enrolling in Think Like a Strategy Consultant. One of the most powerful frameworks for clear thinking is the Pyramid Principle. The core concept is simple: structure your thinking in the shape of a pyramid.
Barbara Minto’s The Pyramid Principle has been one of the most influential books for business writing. The Pyramid Principle is a book that is equal parts wonky, technical, playful, and deep. The Pyramid Principle is a book that is equal parts wonky, technical, playful, and deep. This drove her throughout her career.
It feels weird because of a tendency I call book-report thinking. Do you have a toolkit for businessproblemsolving? 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?!!
Consultants do use frameworks to guide their thinking, though not the laundry list you’ll see in case interview prep books. Ansoff’s matrix for growth strategy). The 7 S’s are: Strategy Structure Systems Shared Values Style Staff Skills Now I know that you might be thinking, “That’s just a list of business jargon.”
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.
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. Laszlo Bock wrote the famous book, Work Rules!, Do you have a toolkit for businessproblemsolving?
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. McKinsey was one of the first firms to invest heavily in “knowledge management” in the early 2000s.
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.
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” businessproblem or scenario (e.g., I downloaded the book in 2006 to prepare for my consulting interviews.
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.
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.
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 businessstrategy.
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 businessproblemsolving?
His ideas were brought to the forefront through his book Unsafe At Any Speed that highlighted the shortcuts car manufacturers made during the production of cars which included no seatbelts. Silver writes in his book about separating signal from noise, “The signal is the truth. Do you have a toolkit for businessproblemsolving?
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.
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