Consultants solve complex business problems behind closed doors
So I worked as one for 5 years (to learn how they think)
5 resources to reveal how consultants actually problem-solve:
So I worked as one for 5 years (to learn how they think)
5 resources to reveal how consultants actually problem-solve:
1/ Break a problem into parts
Consultants call this "MECE" and it's a framework to make sure no part overlaps or is missing
5 different ways to break down a problem (and when to use each):
youtu.be
Consultants call this "MECE" and it's a framework to make sure no part overlaps or is missing
5 different ways to break down a problem (and when to use each):
youtu.be
2/ Rough estimate the size of anything
A quick estimate will tell you if the problem is worth your attention:
youtu.be
A quick estimate will tell you if the problem is worth your attention:
youtu.be
3/ Learn situation-specific frameworks
Make frameworks more specific to your problem to quickly find the root cause:
amazon.com
Make frameworks more specific to your problem to quickly find the root cause:
amazon.com
4/ Communicate your findings
Solving the problem is half the battle
Effectively communicate what to do next to turn the solution into action:
youtu.be
Solving the problem is half the battle
Effectively communicate what to do next to turn the solution into action:
youtu.be
5/ Watch a live example of how to solve a complex business problem
Watch how a McKinsey consultant approaches a business problem and explains his thinking (steal his process):
youtu.be
Watch how a McKinsey consultant approaches a business problem and explains his thinking (steal his process):
youtu.be
Summary
• Rough estimate the size of anything
• Learn situation-specific frameworks
• Communicate your findings
• Break a problem into parts
• Watch a live example
• Rough estimate the size of anything
• Learn situation-specific frameworks
• Communicate your findings
• Break a problem into parts
• Watch a live example
That's a wrap!
If you enjoyed this thread, you'll love what I have coming up:
1. Follow me @BrianFOConnor for more on competitive advantage
2. RT the tweet below to help your audience make high-stakes decisions
If you enjoyed this thread, you'll love what I have coming up:
1. Follow me @BrianFOConnor for more on competitive advantage
2. RT the tweet below to help your audience make high-stakes decisions
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