StrategyU

JANUARY 20, 2025

One of the most important ideas in consulting problem solving is MECE. If you’ve been around current or former strategy consultants, you probably heard someone say this. Part 2: Collectively Exhaustive In order to be collectively exhaustive your set of information needs to cover all possible options.

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Consulting Problem Solving Business Problem Solving Strategy 98

Let's Grow Leaders

JULY 1, 2015

In discussions with my boss, she informed me that I needed to win my team over and that I did not have their respect. Tap into the energy of your prefrontal cortex– the part of your brain that problem-solves and plans. Sometimes you’ll realize that you don’t have the information you need in order to craft solutions.

Problem Solving 460

Problem Solving Solution Consulting Management 460

Let's Grow Leaders

JANUARY 5, 2015

Action learning is an approach to solving real problems that involves taking action and reflecting upon the results. The learning that results helps improve the problem-solving process as well as the solutions the team develops. They didn’t have access to the right people or all the information.

Problem Solving 426

Problem Solving Leadership Development Solution Leadership 426

Let's Grow Leaders

JANUARY 5, 2015

Action learning is an approach to solving real problems that involves taking action and reflecting upon the results. The learning that results helps improve the problem-solving process as well as the solutions the team develops. They didn’t have access to the right people or all the information.

Problem Solving 386

Problem Solving Leadership Development Solution Leadership 386

Career Advancement

DECEMBER 14, 2020

In the coming years, many organizational functions will shift into more of a consulting role, playing a stronger part in guiding organizational direction—which means their leaders need a specialized mix of skills. Automated tools can aggregate and structure the information, but humans give it context and meaning. Big-picture thinking.

Finance 257

Finance Consulting Problem Solving Career Advancement 257

International Coach Academy

AUGUST 15, 2023

If we have too much information also then we have a tendency of getting confused. In today’s world, we are living in a digital world where we have access to a lot of information online. It can also lead to anxiety or stress as individuals struggle to make sense of their surroundings or the information they are receiving.

Problem Solving 208

Problem Solving Communication Consulting Development 208

StrategyU

AUGUST 19, 2024

“Problem-solving” is one of the most overused and least understood phrases in the business world. When many people talk about solving problems, they are rarely talking about a problem-solving process. What I got wrong about problem-solving What are the most important skills you need to be successful?

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Consulting Problem Solving Business Problem Solving Strategy 59

StrategyU

MARCH 31, 2022

The Experience Curve is one of the most famous frameworks in consulting. It was developed in the 1960s by Boston Consulting Group (BCG), one of the biggest consulting companies in the world at the time. Do you have a toolkit for business problem solving? How I’d Use The Experience Curve.

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Consulting Manufacturing Business Problem Solving Problem Solving 72

International Coach Academy

NOVEMBER 14, 2023

All of this informed my coaching niche of working with new and/or struggling leaders. The coaching model that resonates with me is a blended approach of coach-consultant and coach-trainer. I discovered that I am at my most passionate, engaged, and energized when helping develop and reach their goals.

Leadership 208

Leadership Communication Problem Solving Development 208

International Coach Academy

NOVEMBER 8, 2023

In the context of Agile software delivery, embodying a coaching mindset in Agile software delivery begins with creating a safe space for team members to express themselves openly and share valuable insights, resulting in better collaboration and problem-solving. This is contributing to the problem.

Development 208

Development Problem Solving Accounting Performance 208

Career Advancement

MAY 25, 2021

In the coming years, many organizational functions will shift into more of a consulting role, playing a stronger part in guiding organizational direction—which means their leaders need a specialized mix of skills. Automated tools can aggregate and structure the information, but humans give it context and meaning. Big-picture thinking.

Finance 156

Finance Consulting Problem Solving Career Advancement 156

StrategyU

SEPTEMBER 20, 2024

When interviewing for my first job in consulting, I spent a lot of my time practicing applying business frameworks to hypothetical case interview questions. Though I’m not convinced that the case interview is the best method , I do know that simply regurgitating frameworks is not enough to get a job in consulting.

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Consulting Problem Solving Strategy Development 59

StrategyU

JANUARY 27, 2021

The alumni of top consulting firms are part of all types of organizations around the world. Consulting firms like McKinsey, Bain, and BCG can claim world leaders, public company CEOs, heads of non-profits, entrepreneurs and even musicians. Boston Consulting Group. Most Famous & Infamous Alumni. McKinsey & Company.

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Consulting Business Problem Solving Career Problem Solving 64

StrategyU

SEPTEMBER 20, 2024

You just got a meal of useless information. The biggest problem with this is that people know about the feedback sandwich. Do you have a toolkit for business problem solving? The post How To Give Feedback Like A McKinsey Consultant appeared first on StrategyU. We are constantly corrected on mistakes and errors.

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Consulting Business Problem Solving Construction Problem Solving 59

StrategyU

MAY 29, 2024

I was taking part in the Basic Consulting Readiness training and talking to my new friend Josh. He detailed how he had decided in high school, after getting into Stanford, that he would work in strategy consulting. I downloaded the book in 2006 to prepare for my consulting interviews.

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Consulting Problem Solving Recruitment Communication 52

International Coach Academy

MARCH 3, 2022

When we know ourselves, we can make informed choices in our lives and develop in ways we didn’t know were possible (Katherine, 2021). To initiate and sustain behavioral change, a coachee must receive information regarding their current position, progress, or lack thereof (Gregory, Beck & Carr, 2011). Feedback in Coaching.

Motivation 208

Motivation Problem Solving Development Education 208

StrategyU

MARCH 10, 2024

The mystique of strategy consulting has inspired films such as Office Space and Up In the Air and TV shows like House of Lies. Satire or not, the cliches associated with consulting do have an impact on how consultants are perceived, especially when validated by news reports about rogue consultants and disclosures of consulting debacles.

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Consulting Strategy Business Problem Solving Management 52

StrategyU

AUGUST 22, 2023

To demonstrate this, I asked Bard , googles AI chat tool, the following question: “What are three ways someone might use a tool like Bard that would help them work like a strategy consultant?” This information can then be analyzed to identify trends, patterns, and insights that would be helpful to a strategy consultant.

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Consulting Business Problem Solving Strategy Problem Solving 52

International Coach Academy

MAY 22, 2023

Thus the coach can control their mind and not get carried away into adopting the role of a consultant or mentor. The thinking process is a mental or cognitive process that occurs in the brain when we engage in thinking or problem-solving. The development of a coaching mindset against a consultant’s perspective.

Food 208

Food Manufacturing Business Coach Business Coaching 208

StrategyU

NOVEMBER 15, 2023

Think about a problem that you are facing today. “I But if you told a consultant about the problem, they would likely ask you a bunch of questions before saying that. This is a very different problem that needs to be addressed very differently (and reducing your caffeine intake won’t help!).

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Consulting Business Problem Solving Problem Solving Professional Services 52

StrategyU

OCTOBER 6, 2024

But I didn’t appreciate how rare that was until working at consulting firms where I found it incredibly hard to do that same level of work. From working with many different organizations as a consultant, I’ve started to notice that the companies that are able to build a culture of excellence all have a few things in common.

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Consulting Performance Strategy Business Problem Solving 52

StrategyU

NOVEMBER 29, 2021

In consulting, you use frameworks all the time. The reason they are used so widely is that they are a hyper-effective way of sharing information, especially when you are trying to share that information with an audience (typically, the client) that does not have deep familiarity with the data. This can be very simple.

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Communication Consulting Business Problem Solving Problem Solving 75

StrategyU

JUNE 28, 2022

In 1976 the founder of Boston Consulting Group, Bruce Henderson published a strategy memo with a bold claim : “ a stable competitive market never has more than three significant competitors, the largest of which has no more than four times the market share of the smallest.”. Do you have a toolkit for business problem solving?

Consulting 52

Consulting Business Problem Solving Strategy Problem Solving 52

The Coaching Blog

JULY 28, 2024

Here’s how studying Time Line Therapy® can help: Managers and Entrepreneurs use the information to develop strong teamwork and relationships, and to foster positive interpersonal skills. Negotiations and problem solving sessions are enhanced to create solution-oriented, win-win approaches. appeared first on Coaching Blog.

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Utilities Problem Solving Medical Education 105

StrategyU

SEPTEMBER 20, 2024

You’ve set your sights on joining one of the world’s most prestigious consulting firms, where every move you make in the application process counts. It’s not just any test; it’s a game designed to challenge your thinking, and your problem-solving abilities, right from the start—every click you make counts on how you will be perceived.

Problem Solving 52

Problem Solving Consulting Business Problem Solving Recruitment 52

Harvard Professional Development

MAY 11, 2022

Executive Coach, Leadership & Management Consultant, Resources for Leading. I work in both management consulting and executive coaching. I love learning new information. What are some of the key takeaways from one or all of the programs that you’ve used in the course of your consulting? Denver, Colorado.

Consulting 52

Consulting Management Management Design Thinking 52

StrategyU

APRIL 19, 2022

What’s the difference between an “associate consultant,” “business analyst,” or “associate”? In terms of responsibilities and time in role, the roles at the top three consulting firms (McKinsey, Bain, and BCG) are very similar. When Do Most Consultants Leave Consulting?

Career Path 52

Career Path Consulting Career Management 52

StrategyU

OCTOBER 2, 2023

In consulting, I was taught to start with the answer. Part of this comes from insecurity but another part comes from the reality that you went through your own extended learning journey with the information. Don’t say, “Here is the financial information.” Do you have a toolkit for business problem solving?

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Consulting Business Problem Solving Problem Solving Communication 40

StrategyU

NOVEMBER 17, 2023

I started StrategyU with the intention of teaching knowledge workers the tools, frameworks, mindsets, and approaches that I learned in strategy consulting. While the first two are riding the wave of the digital economy, the latter is a sector that’s always had lots of consultants involved in its work, something I expect to continue. #2

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Consulting Business Problem Solving Pharmaceutical Strategy 40

StrategyU

NOVEMBER 20, 2023

In 2012, I was first exposed to the world of freelance strategy consultants while working for a-connect. For example, early in my career, I would tell people “I am trying to break into consulting.” Test out “I’m making the leap to become a freelance consultant.” If it doesn’t feel right, you may want to re-think your move.

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Consulting Banking Accounting Healthcare 52

StrategyU

JULY 7, 2021

Issue trees are a useful approach to breaking down a problem statement into component parts that can more easily be acted upon. In consulting teams, it’s often done in the first couple of weeks of a project. How Issue Trees Are Linked With Problem Solving. How To Use This In Your Company.

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Consulting Problem Solving Business Problem Solving Brainstorming 59

International Coach Academy

JULY 14, 2024

As a result, many firms are moving toward a coaching model in which managers facilitate problem-solving and encourage employees’ development by asking questions and offering support and guidance rather than giving orders and making judgments. That work is important and sometimes vital, but it’s temporary and executed by outsiders.

Management 208

Management Management Leadership Development 208

International Coach Academy

JUNE 28, 2023

Organizational health as defined by McKinsey & Company, a renowned global business consulting firm, is the organization’s ability to align around a common vision, execute against that vision effectively, and renew itself through innovation and creative thinking. What Is Organization Health? Why Is Organizational Health Important?

Leadership 208

Leadership Performance Development Utilities 208

StrategyU

OCTOBER 2, 2023

” The job of a great consultant is not just to repackage information. It is to put that information into the client’s context and then give them actionable information about what they should do next. The best “think like a consultant” thinkers are ready for this though.

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Consulting Business Problem Solving Problem Solving Strategy 52

Eure Consulting

DECEMBER 17, 2021

This week: Problem Solving. Problem Solving is defining, analyzing, and diagnosing key components of a problem to formulate a solution. A great problem solver takes the time to deeply analyze the issue at hand to uncover the root cause and then creates a plan to solve it.

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Problem Solving Problem Solving Tools Solution Consulting 52

Vantage Circle

JUNE 26, 2023

For example; People with ASD may be highly detail-oriented and have excellent problem-solving skills. Diverse Perspectives and Problem-solving Neurodivergent individuals often have unique thinking patterns and perspectives, allowing them to approach problems and challenges in innovative and creative ways.

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StrategyU

SEPTEMBER 10, 2024

And does it even matter outside of consulting?” 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. Check out this video for a deeper dive into MECE and other strategy consulting skills.

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Consulting Retail Problem Solving Motivation 52