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The Mckinsey Way : Using the Techniques of the World's Top Strategic Consultants to Help You and Your Business

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Life as weekend husband/wife is not for everyone - so enjoy it early in your career or before your major life events. Topics including ‘developing an approach’, ‘interviewing for information’, ‘brainstorming’ and ‘selling the idea’ have actionable recommendations which we can benefit from by putting them into use in our own jobs. Hugo Sarrazin: Yeah, it is not easy when people have spent an enormous amount of time seeped in design thinking or user-centric design, whichever word you want to use. If the person who’s applying classic problem-solving methodology is very rigid and mechanical in the way they’re doing it, there could be an enormous amount of tension. If there’s not clarity in the role and not clarity in the process, I think having the two together can be, sometimes, problematic. Outdated techniques in some areas (e.g. Research). It could benefit from an updated version for the era of massive internet use

Stephen Keague, The Little Red Handbook of Public Speaking and Presenting Getting your Presentations Right Chapter 2: Thinking About Thinking — This chapter discusses the importance of critical thinking and the ability to challenge assumptions. It provides several techniques for improving one’s thinking skills, such as using analogies, questioning assumptions, and brainstorming.Example: “You don’t need to look at the cost structure of each of the operations. Don’t boil the ocean.”

Make one day a week to be completely free of work, both physically and mentally. Tell your boss about it! He/she will respect it. And so should you. Business problems often resemble each other more than they differ. With suitable techniques, you can apply what you and the firm learned from other projects. After all, one of the values consulting firms bring is to provide the “best practice” – what the top players in the game are doing Hugo Sarrazin: It’s helpful, at that moment—if someone is asserting a point of view—to ask the question “This was true in what context?” You’re trying to apply something that worked in one context to a different one. That can be deadly if the context has changed, and that’s why organizations struggle to change. You promote all these people because they did something that worked well in the past, and then there’s a disruption in the industry, and they keep doing what got them promoted even though the context has changed.

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Charles Conn: I love this question because I think decision-making theory, without a bias to action, is a waste of time. Everything in how I approach this is to help people take action that makes the world better.

Propose solutions: When the root causes are identified, consultants propose solutions targeting them directly. A few notes when using this methodology What stays with me is the rigorous standard of information and analysis, the proving and double-proving of every recommendation, combined with the high standard of communication both to clients and within the Firm.” – Former associate in the Boston and New York offices

Simon London: Problem solving is a really interesting piece of terminology. It could mean so many different things. I have a son who’s a teenage climber. They talk about solving problems. Climbing is problem solving. Charles, when you talk about problem solving, what are you talking about? Last but not least, look for the best practice. Find out what the best performers in the field are doing and learn from them. Use “hypothesis-driven” process: Make educated guesses of possible root-cause A B C and test with data (a.k.a: facts). We’ll sometimes call this a fact-based process.

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