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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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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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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. Do you have a toolkit for business problem solving?

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A Brief History of Strategy Consulting: 100 years from Frederick Taylor to the “Next New Normal”

StrategyU

Despite all these bets, the big three still derive most of their income from traditional long-term consulting engagements with large businesses, which are still performing well. Do you have a toolkit for business problem solving? Special thanks to Antoine Buteau for his contributions to this essay.

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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.”