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. Satire or not, the cliches associated with consulting do have an impact on how consultants are perceived, especially when validated by news reports about rogue consultants and disclosures of consulting debacles.
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. They pointed out two things about the problems with experience curves. If they are, then there is a clear problem.
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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!).
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.
StrategyU
OCTOBER 2, 2023
In consulting, I was taught to start with the answer. The tendency to feel like you need to “prove” to managers or senior leaders that you spend a lot of time working on something. Do you have a toolkit for business problem solving? You can’t just tell them the answer briefly. Or can you?!!
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?
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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