StrategyU

MAY 29, 2024

At the highest level, most cases are similar: The interviewer presents background on a “client’s” business problem or scenario (e.g., But coming up with solutions for a client’s problem is never as easy as pulling a framework out of a hat. Do you have a toolkit for business problem solving?

Consulting 52

Consulting Problem Solving Recruitment Communication 52

StrategyU

AUGUST 19, 2024

He was skeptical of how a team of twenty-something analysts and associates could address problems that his senior leadership team was struggling with. In consulting, you are solving problems that don’t have a clear solution, yet. Do you have a toolkit for business problem solving?

Consulting 59

Consulting Problem Solving Business Problem Solving Strategy 59

StrategyU

OCTOBER 6, 2024

At its best, consulting is selling a process not solutions which means one of the best uses of time is to obsess over the process. Do you have a toolkit for business problem solving? At McKinsey, I was shocked at how much time was spent talking about the how. He was extremely demanding without a lot of noise.

Consulting 52

Consulting Performance Strategy Business Problem Solving 52

StrategyU

JULY 23, 2021

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.

Consulting 59

Consulting Strategy Networking Development 59

StrategyU

JUNE 12, 2021

Dewey added that critical thinking is “suspended judgment, and the essence of this suspense is inquiry to determine the nature of the problem before proceeding to attempts at its solution.”. An organization succeeds by taking the results of individual critical thinking and developing processes that can be implemented by others.

Critical Thinking 75

Critical Thinking Consulting Problem Solving Development 75

StrategyU

JULY 5, 2020

So in the last 1800s, Frederick Taylor and several others in the US started exploring new ways to think about running a business. Part of the toolkit McKinsey developed was a 30-page document called the “General Survey Outline” (GSO) and it stood out for how it was different than Taylor’s “how-to” approach.

Consulting 52

Consulting Strategy Engineering Manufacturing 52

StrategyU

OCTOBER 29, 2024

This discovery completely reframed the problem and led to a more effective solution. Why is this solution better? Good problem solvers thrive in these sessions. Analytical mindsets allow problem solvers to navigate through complexity and arrive at data-driven solutions as efficiently as possible.

Consulting 52

Consulting Problem Solving Solution Creativity 52

StrategyU

OCTOBER 31, 2024

per year Example Project: A leading retail chain is struggling to adapt to the rise of e-commerce and wants to shift part of its business online. A strategy consulting team from McKinsey works with their C-suite to develop a digital transformation roadmap. Market size estimate : Allied Market Research estimates that this was is a $38.4

Consulting 40

Consulting Healthcare Electronics Manufacturing 40