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Eight common challenges of boutique consulting firms

StrategyU

I started StrategyU with the intention of teaching knowledge workers the tools, frameworks, mindsets, and approaches that I learned in strategy consulting. While the first two are riding the wave of the digital economy, the latter is a sector that’s always had lots of consultants involved in its work, something I expect to continue. #2

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The Ultimate Guide To “Scoping”: How Consultants Define Problems and Shape 

StrategyU

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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How I’d Use AI Tools (If I Still Worked In Consulting)

StrategyU

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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A Brief History of Strategy Consulting: 100 years from Frederick Taylor to the “Next New Normal”

StrategyU

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

StrategyU

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. What are the different ways we can increase revenue.

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The Magic Of Critical Thinking: How To Make Better Decisions

StrategyU

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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Do Consulting Case Study Interviews Work? A deep dive

StrategyU

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.