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Eight common challenges of boutique consulting firms

StrategyU

People who were excellent at executing struggled to take a step back and be a thought partner with the client, helping design a longer more strategic approach to a problem. #7 7 No one is responsible for the process With almost everyone I’ve worked with, I ask them, “Who is responsible for obsessing over your internal process and performance?”

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How I’d Use AI Tools (If I Still Worked In Consulting)

StrategyU

Do you have a toolkit for business problem solving? Our division had a successful quarter, beating the competition by 2% in revenue. This might help you prepare for a negative reaction from a manager by more easily letting you practice going through the experience beforehand.

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The Ultimate Guide To “Scoping”: How Consultants Define Problems and Shape 

StrategyU

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. Do you have a toolkit for business problem solving? In consulting, things are always changing.

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

StrategyU

The next step is to develop analyses or experiments that you can perform to validate or quantify how much impact can be generated by focusing in each of these areas. How Issue Trees Are Linked With Problem Solving. At StrategyU we are fans of the SCQA process to define problems and develop hypotheses. Learn more here.

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John Legend Made Slides? What Famous Alums Learned In Consulting

StrategyU

Every business in the world has been grappling with this and therefore, as an advisor to those businesses, I’ve helped them think through that. My familiarity with boosting financial performance? Do you have a toolkit for business problem solving? That will come over.

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

StrategyU

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. In this case, you likely would have to spend an additional six months or year in the BA role and it might come with the title “Senior Business Analyst.”

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The Magic Of Critical Thinking: How To Make Better Decisions

StrategyU

This is the secret sauce of any high-performing organization but can be hard to recognize if you were not there at the beginning. Edgar Schein, one of the leading thinkers on corporate culture, defined culture as a group of people “who have been together long enough to have shared significant problems.”