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Obsessing On Process & Meta-Process: The Secret of High-Performing Consulting Firms

StrategyU

This can take the form of a team charter, a problem definition worksheet, or even a set of key questions to ask at each project stage. Do you have a toolkit for business problem solving? But they don’t just exist on the page, they are active. If you’d like to work with us, please see more here.

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

StrategyU

I like the definition that McKinsey Mind uses for issue trees: The issue tree, a species of logic tree in which each branch of the tree is an issue or question, bridges the gap between structure and hypothesis. Do you have a toolkit for business problem solving? Learn more here.

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Famous Consulting Frameworks: The Rule of Three and Four – Bruce Henderson (1976)

StrategyU

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.”. This is definitely the case for Amazon. Good question.

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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. 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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Why McKinsey Will Win In The Age of AI

StrategyU

At the margins I think it will definitely reduce demand, but mostly for the kind of high-effort give-me-a-bunch-of-young-bodies kind of work that big companies sometimes use consulting for. A lot of people look at consulting from the outside and think something like AI will hurt demand for consulting.

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How To Build A Culture Of Excellence In A Consulting Firm

StrategyU

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.

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What are the career paths and titles at McKinsey, Bain, and Boston Consulting Group?

StrategyU

The Analyst and Associate Levels: Early-Career In Strategy Consulting. Strategy Consulting Firms Hire Entry-Level Consultants, But Typically Less Than Grad School Hires. If you really wanted to jump from Business Analyst to Associate at McKinsey for example, that is definitely a possible path if you are a top performer.