Remove Business Problem Solving Remove Development Remove Manufacturing Remove Problem Solving
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Exploring Consulting Frameworks: The Experience Curve

StrategyU

It was developed in the 1960s by Boston Consulting Group (BCG), one of the biggest consulting companies in the world at the time. It was inspired by manufacturing learning curves, which were first identified in the 1920s and 1930s. Value-added costs account for the cost of manufacturing, marketing, distribution, and administration.

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Why McKinsey Will Win In The Age of AI

StrategyU

I was focused specifically on manufacturing and supply chain knowledge and worked directly with client teams around the world working on these kinds of projects. I had a background in manufacturing engineering, had worked at GE, and also had experience working on factory floors, which made me a good fit for the role.

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The Magic Of Critical Thinking: How To Make Better Decisions

StrategyU

Companies hire consulting firms because of their ability to deploy a rigorous problem-solving process to a wide range of problems. The McKinsey problem-solving approach is one example and is been copied and altered by many companies in the business world. It Has Compounding Benefits.

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Five Freelancing Skills That Matter – Lessons From A Former Strategy Consultant

StrategyU

When I first started freelancing I developed a simple page of the possible ways of working with me. In addition to this, I also developed a list of types of projects I wanted to work on. It’s best if you develop these frameworks together but they can often start as a simple list of items.

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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. McKinsey and Company, Accountants and Management Engineers.”.