StrategyU

FEBRUARY 8, 2025

Firms have had to recalibrate their business models in response to evolving client expectations and global economic conditions. Its reputation in financial services, risk management, and digital transformation has made it an attractive alternative for those seeking rapid career progression in specialized sectors.

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StrategyU

OCTOBER 2, 2023

The same pattern can apply to a knowledge professional and a manager. Do you have a toolkit for business problem solving? The client doesn’t know which questions to ask to get the consultant to magically read their mind and the consultant often is waiting for orders about what to do next. So remember.

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StrategyU

SEPTEMBER 10, 2024

But even if I hadn’t gone on to work in consulting, I now know that MECE is a valuable tool for anyone who wants to think more clearly and solve problems more effectively. MECE (Mutually Exclusive, Collectively Exhaustive) is a powerful problem-solving framework that is used in management consulting and various business functions.

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StrategyU

SEPTEMBER 20, 2024

These two things transform a team of consultants from a mere group of smart individuals into a cohesive problem-solving machine. It underpins all great communication and problem-solving. use MECE not just for problem-solving, but also for structuring your communication. Ansoff’s matrix for growth strategy).

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StrategyU

SEPTEMBER 20, 2024

The Problems With Most Feedback There are many issues with traditional feedback. My person Pet peeves : Managers often focus on minor annoyances rather than major issues. Too many times, I have seen managers default to focusing on their own neurotic pet peeves. Do you have a toolkit for business problem solving?

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StrategyU

MAY 29, 2024

Who wouldn’t want to test a candidate’s problem-solving abilities (rather than hear about them in the traditional behavioral interview)? There are a few problems with this. Do you have a toolkit for business problem solving? Most people leave consulting. The average tenure is less than three years.

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StrategyU

SEPTEMBER 11, 2023

McKinsey was one of the first firms to invest heavily in “knowledge management” in the early 2000s. Before going under the fancier sounding “knowledge,” most consulting firms had libraries with physical books and resources that were managed by professionals with a background in library science. It was really good.

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StrategyU

NOVEMBER 18, 2021

For example, there are many pages of detail specific to “Stronger”: It lists a number of specific initiatives: Building capabilities Consumer-centric innovation Holistic cost management. A big challenge that many people face is that they get stuck in the “middle management trap.”

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StrategyU

JANUARY 27, 2021

Indro Nooyi was the CEO of Pepsi and now works with the Yale School of Management as well as working with the state of Connecticut on the Covid-19 rollout. The courses I enjoyed the most (at Yale) were statistics and operations management. Do you have a toolkit for business problem solving?

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StrategyU

AUGUST 22, 2023

This might help you prepare for a negative reaction from a manager by more easily letting you practice going through the experience beforehand. Do you have a toolkit for business problem solving? There are so many more potential uses but if you’re not at least playing around with it, I think you are missing out.

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StrategyU

NOVEMBER 15, 2023

This is why consulting can feel more like therapy than business problem-solving. This is the value of a consultant, the ability to continue to search for the problem behind the problem. Managing scope creep is an art and how much “creep” a consultant allows is really a matter of judgment.

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StrategyU

SEPTEMBER 16, 2022

I will cover each of the four sections of her book: Logic In Writing Logic In Thinking (coming soon) Logic in Problem-Solving (coming soon) Logic In Presentation (coming soon). Minto’s first job in the business world was working for Cyrus Eaton, who founded the Pugwash Conferences of nuclear scientists.

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StrategyU

MARCH 10, 2024

Often hysterically funny and uncomfortably close to the truth (the consultants’ whiteboard in Office Space with the title “Planning to Plan” is a personal favorite), Hollywood’s depiction of strategy consulting relies on an out-of-date perception of management consulting that looks nothing like the reality of the present.

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StrategyU

APRIL 19, 2022

The shift from the post-graduate position which focuses on data analysis and execution to the project manager position is the hardest in consulting. The Project Management and Pre-Partner Roles. Bain has two roles at the project manager level – Manager and Senior Manager.

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StrategyU

OCTOBER 2, 2023

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? In consulting, I was taught to start with the answer. It feels weird because of a tendency I call book-report thinking. So remember.

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StrategyU

OCTOBER 6, 2024

Specifically, they all: #1 Have a top-management mindset #2 Obsess over process and meta-process #3 Embrace clear “standards of performance” Principle #1: Top Management Mindset – Have employees that can think “from the top “ Many people operating inside companies are laser-focused on the everyday tasks of their jobs.

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StrategyU

SEPTEMBER 28, 2022

If you’d like to go to the previous section you can find the following links to each: Logic In Writing Logic In Thinking Logic in Problem-Solving Logic In Presentation. Some examples she offers: The company should have three objectives There are two problems in the organization We recommend five changes.

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StrategyU

JULY 5, 2020

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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StrategyU

JULY 23, 2021

Managing this delicate balance is vital to ensure you lay the groundwork to building a lasting freelance business. Do you have a toolkit for business problem solving? However, if you’re hedging, others will know it too. Click Here To Learn More And Enroll.

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StrategyU

OCTOBER 29, 2024

After spending over a decade in strategy consulting and advising hundreds of business leaders, I’ve noticed that traditional “intelligence” or subject matter expertise isn’t what sets great problem solvers apart. In other articles, I’ve covered problem-solving approaches and processes.

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StrategyU

OCTOBER 31, 2024

But outside of these firms, there’s a huge spectrum of smaller consultancies doing similar strategy work with directors, VPs, and middle management, often building successful businesses with long-term clients. They also help with CEO transitions, governance structure, and crisis management.

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