The document discusses problem solving and decision making using the McKinsey 7S framework. It begins by explaining the 7S framework, which includes strategy, structure, staff, skills, shared values, style, and systems. An example is then provided to illustrate how to define a problem statement. A good problem statement should be specific, measurable, action-oriented, relevant, and time-bound. It provides context, potential challenges, success criteria, stakeholders, and information sources. Structuring the problem is also discussed, including using an issue tree to break down a complex problem into discrete parts. This helps ensure a thorough and logical problem solving process.
The document describes five common problem solving approaches: 1) Hypothesis-led, which structures, hypothesizes, and efficiently solves problems; 2) Advanced Analytics, which uses data to discover non-obvious insights; 3) Design Thinking, which reframes problems in a people-centric way and prototypes solutions; 4) Domain IP-led, which applies tested expertise to known problems; and 5) Engineering, which iteratively builds minimum viable products to test assumptions. Each approach is detailed with typical problem types and step-by-step processes.
Strategic Planning Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Strategic Planning Toolkit was created by ex-McKinsey, Deloitte and BCG Strategy Consultants, after more than 2,000 hours of work. It is considered the world's best & most comprehensive Strategic Planning Toolkit. It includes all the Frameworks, Analysis Tools & Document Templates required to improve your Strategic Planning capability, and become the subject matter expert of your organization. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Business & consulting toolkits free sample in powerpointDonald Gest
The document advertises business and consulting toolkits created by former consultants from McKinsey, Deloitte, and BCG. It claims the toolkits save thousands of hours of work and allow users to learn best practices from top companies. The toolkits cover various topics like corporate strategy, finance, marketing, and more. Users can access templates, frameworks, and other tools typically used by consultants. The document promotes the toolkits as a cheaper alternative to hiring consultants directly.
Complete Business Frameworks Toolkit - Strategy, Marketing, Operations, Consu...Flevy.com Best Practices
Download this primer now from slideshare.
Full version here:
https://flevy.com/browse/business-document/complete-consulting-frameworks-toolkit-644
This is a very comprehensive document with over 350+ slides--covering 51 common management consulting frameworks and methodologies (listed below in alphabetical order). A detailed summary is provided for each business framework. The frameworks in this deck span across Corporate Strategy, Sales, Marketing, Operations, Organization, Change Management, and Finance.
These frameworks and templates are the same used by top tier consulting firms. With this comprehensive document in your back pocket, you can find a way to address just about any problem that can arise in your organization.
The level of detail varies by framework, depending on the nature of the management model. Examples, templates, and case studies are provided.
FULL LIST OF MANAGEMENT CONSULTING FRAMEWORKS & METHODOLOGIES:
1. ABC Analysis
2. Adoption Cycle ( Consumer Adoption Curve)
3. Ansoff Market Strategies
4. Balanced Scorecard
5. BCG Growth-Share Matrix
6. Benchmarking
7. Blue Ocean Strategy
8. Break-even Analysis
9. Business Unit Profitability
10. Economics of Scale
11. Environmental Analysis
12. Experience Curve
13. Cluster Analysis
14. Company & Competitor Analysis
15. Consumer Decision Journey ( McKinsey Consumer Decision Journey)
16. Core Competence Analysis
17. Cost Structure Analysis
18. Customer Experience
19. Customer Satisfaction Analysis
20. Customer Value Proposition
21. Fiaccabrino Selection Process
22. Financial Ratios Analysis
23. Gap Analysis
24. Industry Attractiveness & Business Strength Assessment
25. Key Purchase Criteria
26. Key Success Factors (KSF)
27. Market Sizing & Share
28. McKinsey 7-S
29. Net Present Value
30. PEST Analysis
31. Porter Competition Strategies
32. Porter's Five Forces
33. Portfolio Strategies
34. Price Elasticity
35. Product Life Cycle
36. Product Substitution
37. Relative Cost Positioning
38. Rogers' Five Factors
39. Scenario Techniques
40. Scoring Models
41. Segment Attractiveness
42. Segmentation & Targeting
43. Six Thinking Hats
44. Stakeholder Analysis
45. Strengths & Weaknesses Analysis
46. Structure-Conduct-Performance (SCP)
47. SWOT Analysis
48. SWOT Strategies
49. Treacy / Wiersema Market Positioning
50. Value Chain Analysis
51. Venkat Matrix
Go to www.slidebooks.com to access the editable version in Powerpoint and Excel of this Business Toolkit created by former management consultants from Deloitte and McKinsey.
Operational Excellence Models, Strategies, Principles & ToolsAurelien Domont, MBA
Toolkit Downloadable at www.slidebooks.com | Created By ex-McKinsey & Deloitte Consultants | Download and Reuse Now 10+ Operational Excellence Models, Strategies, Principles & Tools.
The document discusses structured problem solving using the 7 step methodology. It covers defining the problem, structuring it, prioritizing issues, planning analyses and work, conducting analyses, synthesizing findings, and developing recommendations. Specific tools and approaches discussed include problem statement worksheets, logic trees, prioritization matrices, and designing analysis sheets and workplans. The overall process is presented as an iterative one to break problems into manageable parts and ensure a logical, complete analysis.
Business Plan and Entrepreneurship Toolkit - Framework, Best Practices and Te...Aurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte and BCG Consultants and Entrepreneurs, after more than 2,000 hours of work. It is considered the world's best & most comprehensive Entrepreneurship Toolkit. It includes all the Frameworks, Tools & Templates required to build, run and scale your own Business and excel as an Entrepreneur. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
The document describes five common problem solving approaches: 1) Hypothesis-led, which structures, hypothesizes, and efficiently solves problems; 2) Advanced Analytics, which uses data to discover non-obvious insights; 3) Design Thinking, which reframes problems in a people-centric way and prototypes solutions; 4) Domain IP-led, which applies tested expertise to known problems; and 5) Engineering, which iteratively builds minimum viable products to test assumptions. Each approach is detailed with typical problem types and step-by-step processes.
Strategic Planning Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Strategic Planning Toolkit was created by ex-McKinsey, Deloitte and BCG Strategy Consultants, after more than 2,000 hours of work. It is considered the world's best & most comprehensive Strategic Planning Toolkit. It includes all the Frameworks, Analysis Tools & Document Templates required to improve your Strategic Planning capability, and become the subject matter expert of your organization. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Business & consulting toolkits free sample in powerpointDonald Gest
The document advertises business and consulting toolkits created by former consultants from McKinsey, Deloitte, and BCG. It claims the toolkits save thousands of hours of work and allow users to learn best practices from top companies. The toolkits cover various topics like corporate strategy, finance, marketing, and more. Users can access templates, frameworks, and other tools typically used by consultants. The document promotes the toolkits as a cheaper alternative to hiring consultants directly.
Complete Business Frameworks Toolkit - Strategy, Marketing, Operations, Consu...Flevy.com Best Practices
Download this primer now from slideshare.
Full version here:
https://flevy.com/browse/business-document/complete-consulting-frameworks-toolkit-644
This is a very comprehensive document with over 350+ slides--covering 51 common management consulting frameworks and methodologies (listed below in alphabetical order). A detailed summary is provided for each business framework. The frameworks in this deck span across Corporate Strategy, Sales, Marketing, Operations, Organization, Change Management, and Finance.
These frameworks and templates are the same used by top tier consulting firms. With this comprehensive document in your back pocket, you can find a way to address just about any problem that can arise in your organization.
The level of detail varies by framework, depending on the nature of the management model. Examples, templates, and case studies are provided.
FULL LIST OF MANAGEMENT CONSULTING FRAMEWORKS & METHODOLOGIES:
1. ABC Analysis
2. Adoption Cycle ( Consumer Adoption Curve)
3. Ansoff Market Strategies
4. Balanced Scorecard
5. BCG Growth-Share Matrix
6. Benchmarking
7. Blue Ocean Strategy
8. Break-even Analysis
9. Business Unit Profitability
10. Economics of Scale
11. Environmental Analysis
12. Experience Curve
13. Cluster Analysis
14. Company & Competitor Analysis
15. Consumer Decision Journey ( McKinsey Consumer Decision Journey)
16. Core Competence Analysis
17. Cost Structure Analysis
18. Customer Experience
19. Customer Satisfaction Analysis
20. Customer Value Proposition
21. Fiaccabrino Selection Process
22. Financial Ratios Analysis
23. Gap Analysis
24. Industry Attractiveness & Business Strength Assessment
25. Key Purchase Criteria
26. Key Success Factors (KSF)
27. Market Sizing & Share
28. McKinsey 7-S
29. Net Present Value
30. PEST Analysis
31. Porter Competition Strategies
32. Porter's Five Forces
33. Portfolio Strategies
34. Price Elasticity
35. Product Life Cycle
36. Product Substitution
37. Relative Cost Positioning
38. Rogers' Five Factors
39. Scenario Techniques
40. Scoring Models
41. Segment Attractiveness
42. Segmentation & Targeting
43. Six Thinking Hats
44. Stakeholder Analysis
45. Strengths & Weaknesses Analysis
46. Structure-Conduct-Performance (SCP)
47. SWOT Analysis
48. SWOT Strategies
49. Treacy / Wiersema Market Positioning
50. Value Chain Analysis
51. Venkat Matrix
Go to www.slidebooks.com to access the editable version in Powerpoint and Excel of this Business Toolkit created by former management consultants from Deloitte and McKinsey.
Operational Excellence Models, Strategies, Principles & ToolsAurelien Domont, MBA
Toolkit Downloadable at www.slidebooks.com | Created By ex-McKinsey & Deloitte Consultants | Download and Reuse Now 10+ Operational Excellence Models, Strategies, Principles & Tools.
The document discusses structured problem solving using the 7 step methodology. It covers defining the problem, structuring it, prioritizing issues, planning analyses and work, conducting analyses, synthesizing findings, and developing recommendations. Specific tools and approaches discussed include problem statement worksheets, logic trees, prioritization matrices, and designing analysis sheets and workplans. The overall process is presented as an iterative one to break problems into manageable parts and ensure a logical, complete analysis.
Business Plan and Entrepreneurship Toolkit - Framework, Best Practices and Te...Aurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte and BCG Consultants and Entrepreneurs, after more than 2,000 hours of work. It is considered the world's best & most comprehensive Entrepreneurship Toolkit. It includes all the Frameworks, Tools & Templates required to build, run and scale your own Business and excel as an Entrepreneur. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Finance and Investment Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey & Deloitte Consultants, and JP Morgan Investment Bankers, after more than 1,000 hours of work. It is considered the world's best & most comprehensive Finance & Investment Toolkit. It includes all the Frameworks, Tools & Templates required to improve the capability of your organization and boost your career. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
The document discusses McKinsey's approach to time management and prioritizing work. It emphasizes doing the most important tasks rather than just urgent ones, focusing on the overall goals and picture rather than getting lost in details, and using tables to schedule daily tasks to stay organized and on track. Maintaining an overall perspective and prioritizing strategically important work over busywork is key to high efficiency according to McKinsey's time management techniques.
this is a problem-solving toolkit, it's really useful it has different Approaches to solving problems everybody can use organizations, business people even familes
Project Management Overall Approach created by ex-McKinsey, Deloitte & BCG Consultants specialized in Project Management. Powerpoint version Downloadable at www.slidebooks.com.
The document discusses strategies for business model renewal and strategic planning. It covers key topics such as defining business models and strategies, connecting strategies to leadership and culture, identifying different levels of strategies from corporate to product levels, and distinguishing between tactics and strategies. The document provides frameworks for assessing the external environment, defining goals and visions, and developing strategic growth options through a business model portfolio. Leaders are advised to consider the context, make strategic decisions around where and how to compete, and ensure organizational alignment.
The document provides an overview of a management consulting toolkit that contains 7 components to help users improve their management consulting capabilities and solve business problems. The toolkit includes frameworks, tools, templates, tutorials, examples and best practices. It outlines a 7-phase approach covering creating a business plan, proposals, agreements, data gathering, analysis, deliverables, and leveraging 31 frameworks. It previews phases for creating a business plan, proposal, agreements, and gathering data. The goal is to provide affordable resources normally accessible only through high-priced consultants.
Gap Analysis Methods And Models Powerpoint Presentation SlidesSlideTeam
"You can download this product from SlideTeam.net"
Making a good gap analysis presentation can be a challenge on its own. To help you out here we are showcasing our complete ready-made 57 slides Gap Analysis Methods And Models Powerpoint Presentation Slides. This Gap Analysis model presentation deck sample is well suited for all businesses as it acts as a potential tool to figure out the methods required for improvement. Best part is that all our slides are fully editable and can be edited as per your need. This deck will help you showcase slides like gap analysis overview, gap analysis procedure, gap analysis graph, current state analysis, financial comparison, revenue versus target, fit gap analysis, growth share matrix, servqual model and many more. Furthermore, a visual communication made with help of our presentation deck helps to put your point across easily and for quick solution of a problem. Additionally, to cover all the necessary aspects here we have included template designs like meet our team, mission and vision, about us, main goals, sales comparison, quotes, dashboard, location, post it notes, timeline, hierarchy and various charts. In short, you can add value to your business processes by thoroughly discussing a business gap analysis with help of our readymade PPT sample presentation deck. So, hurry download Gap Analysis Methods And Models Powerpoint Presentation Slides sample file and get started immediately. Display a cosmopolitan approach with our Gap Analysis Methods And Models Powerpoint Presentation Slides. Cater for the demands of diverse communities. https://bit.ly/2Z5A3YC
Management Consulting Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte & BCG Consultants, after 2,000+ hours of work. It is considered the world's best & most comprehensive Management Consulting Toolkit. It includes all the Frameworks, Tools & Document Templates required to improve the Management Consulting Capability of your organization & excel as a Management Consultant. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit at www.slidebooks.com
Digital Transformation Strategy & Framework | By ex-McKinseyAurelien Domont, MBA
Go to www.slidebooks.com to Download and Reuse Now a Digital Transformation Strategy & Framework in Powerpoint | Created By ex-McKinsey & Deloitte Strategy Consultants.
Leadership and Managerial Skills Toolkit - Framework, Best Practices and Temp...Aurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte & BCG Management Consultants specialized in coaching leaders and managers. It will help you (I) Resolve complex problems and structure your reasoning, (II) Communicate effectively, (III) Negotiate effectively, (IV) Manage your time, (V) Manage your team, (VI) Define who you want to be, and what you want to achieve. This Toolkit was used to train the leadership team and the managers of multiple Fortune Global 1000 firms. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Consulting toolkit structuring the problemchrisdoran
The document provides guidance on using issue trees to structure problem solving. It discusses breaking problems down into smaller, more manageable issues. An issue tree has three purposes: to break problems into analyzable chunks; open up the solution space; and get everyone on the same page quickly. The document outlines eight steps to generate an issue tree, including writing the problem, brainstorming solutions, organizing the solutions logically into questions at different levels of generality/specificity, expanding and pruning the tree, and revisiting the problem. Productive brainstorming requires rules like deferring judgment and encouraging novel ideas.
The document describes an operating model and organization design toolkit created by former consultants from McKinsey, Deloitte, and BCG. The toolkit is intended to help executives implement operating model and organization design initiatives to achieve their strategic goals. It includes frameworks, tools, templates, tutorials, and best practices covering key components like capabilities, structure, talent management, processes, technology, and culture. The toolkit uses a three-phase approach of assessing the current state, designing the future state, and implementing a roadmap for change. The summary highlights the toolkit's goal of helping strategies succeed through organization design and its inclusion of consultant-developed content.
This Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Strategy Consultants, after more than 3,000 hours of work. It is considered the world's best & most comprehensive Strategy Toolkit. It includes all the Frameworks, Analysis Tools & Document Templates required to excel in a Strategy position and define & implement a winning Strategy for your organization. This Slideshare presentation is only a small sample of our Toolkit. You can download the entire Toolkit at www.slidebooks.com
Easily define & implement your Digital Transformation Strategy & Plan by leveraging this 10-step Template. Created by ex-McKinsey, Deloitte and BCG Consultants specialized in Digital Strategy, after more than 600 hours of work. Don’t reinvent the wheel. Download Now. To download the whole template, go to www.slidebooks.com.
Using agile and lean to lead business transformation agile 2010Dennis Stevens
Companies need a sustainable model for leading continuous change - yet most leadership teams are too busy running the business to effectively lead change. Many transformation efforts fail due to false starts, organizational resistance, and a lack of effective governance. We will explore a strategic change project management model that has repeatedly resulted in successful ongoing change initiatives. The model draws on Agile and Lean principles and techniques to lead change initiatives in a way that is simple, provides focus and transparency, and builds trust.
Go to www.slidebooks.com to access the editable version in Powerpoint and Excel of this Management Consultant Toolkit created by former management consultants from Deloitte and McKinsey.
Business Plan and Entrepreneurship Toolkit - Overview and Approach.pptxPeterFranz6
The document provides an overview of a business plan and entrepreneurship toolkit created by management consultants and entrepreneurs. It aims to help users build, run, and scale their own business through a 6-phase approach. The phases include generating business ideas, defining the business model, gathering data to validate assumptions, building a business plan, implementing the plan, and estimating business value. The toolkit includes tools, templates, tutorials, examples, and frameworks to guide users through each phase. It also highlights common reasons for business failure and the objectives of the toolkit to help users avoid these pitfalls and successfully start and grow their own company.
This Toolkit was created by ex-McKinsey, Havas & Deloitte Consultants specialized in Marketing, Sales & Communication Strategy. It includes all the Frameworks, Tools & Templates required to help you define and execute your Sales, Marketing, Communication and Pricing Strategy & Plan. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com.
Digital and Innovation Strategies for the Infrastructure Industry: Tim McManu...Smart City
Productivity in the engineering and construction industry has been stagnant for decades. The proliferation of digital solutions has made it difficult for users to develop a coherent strategy. Companies who are able to successfully navigate the new digital landscape are on the brink of a transformation that will see top performers reduce overall project costs by 20-45%. However, digital transformations require developing digital capability across all aspects of the organization. Therefore, each entity involved in the industry must understand its critical challenges in order to guide its path to increased digital capability.
The document discusses policy deployment as a process for aligning strategy execution across an organization. It begins by explaining the importance of strategy and outlines the policy deployment process. This includes developing objectives at each level of the organization from corporate down to individual employee objectives. Projects are then selected and prioritized to achieve the objectives. Progress is monitored using metrics in a policy deployment matrix to ensure the strategy is executed successfully.
Finance and Investment Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey & Deloitte Consultants, and JP Morgan Investment Bankers, after more than 1,000 hours of work. It is considered the world's best & most comprehensive Finance & Investment Toolkit. It includes all the Frameworks, Tools & Templates required to improve the capability of your organization and boost your career. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
The document discusses McKinsey's approach to time management and prioritizing work. It emphasizes doing the most important tasks rather than just urgent ones, focusing on the overall goals and picture rather than getting lost in details, and using tables to schedule daily tasks to stay organized and on track. Maintaining an overall perspective and prioritizing strategically important work over busywork is key to high efficiency according to McKinsey's time management techniques.
this is a problem-solving toolkit, it's really useful it has different Approaches to solving problems everybody can use organizations, business people even familes
Project Management Overall Approach created by ex-McKinsey, Deloitte & BCG Consultants specialized in Project Management. Powerpoint version Downloadable at www.slidebooks.com.
The document discusses strategies for business model renewal and strategic planning. It covers key topics such as defining business models and strategies, connecting strategies to leadership and culture, identifying different levels of strategies from corporate to product levels, and distinguishing between tactics and strategies. The document provides frameworks for assessing the external environment, defining goals and visions, and developing strategic growth options through a business model portfolio. Leaders are advised to consider the context, make strategic decisions around where and how to compete, and ensure organizational alignment.
The document provides an overview of a management consulting toolkit that contains 7 components to help users improve their management consulting capabilities and solve business problems. The toolkit includes frameworks, tools, templates, tutorials, examples and best practices. It outlines a 7-phase approach covering creating a business plan, proposals, agreements, data gathering, analysis, deliverables, and leveraging 31 frameworks. It previews phases for creating a business plan, proposal, agreements, and gathering data. The goal is to provide affordable resources normally accessible only through high-priced consultants.
Gap Analysis Methods And Models Powerpoint Presentation SlidesSlideTeam
"You can download this product from SlideTeam.net"
Making a good gap analysis presentation can be a challenge on its own. To help you out here we are showcasing our complete ready-made 57 slides Gap Analysis Methods And Models Powerpoint Presentation Slides. This Gap Analysis model presentation deck sample is well suited for all businesses as it acts as a potential tool to figure out the methods required for improvement. Best part is that all our slides are fully editable and can be edited as per your need. This deck will help you showcase slides like gap analysis overview, gap analysis procedure, gap analysis graph, current state analysis, financial comparison, revenue versus target, fit gap analysis, growth share matrix, servqual model and many more. Furthermore, a visual communication made with help of our presentation deck helps to put your point across easily and for quick solution of a problem. Additionally, to cover all the necessary aspects here we have included template designs like meet our team, mission and vision, about us, main goals, sales comparison, quotes, dashboard, location, post it notes, timeline, hierarchy and various charts. In short, you can add value to your business processes by thoroughly discussing a business gap analysis with help of our readymade PPT sample presentation deck. So, hurry download Gap Analysis Methods And Models Powerpoint Presentation Slides sample file and get started immediately. Display a cosmopolitan approach with our Gap Analysis Methods And Models Powerpoint Presentation Slides. Cater for the demands of diverse communities. https://bit.ly/2Z5A3YC
Management Consulting Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte & BCG Consultants, after 2,000+ hours of work. It is considered the world's best & most comprehensive Management Consulting Toolkit. It includes all the Frameworks, Tools & Document Templates required to improve the Management Consulting Capability of your organization & excel as a Management Consultant. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit at www.slidebooks.com
Digital Transformation Strategy & Framework | By ex-McKinseyAurelien Domont, MBA
Go to www.slidebooks.com to Download and Reuse Now a Digital Transformation Strategy & Framework in Powerpoint | Created By ex-McKinsey & Deloitte Strategy Consultants.
Leadership and Managerial Skills Toolkit - Framework, Best Practices and Temp...Aurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte & BCG Management Consultants specialized in coaching leaders and managers. It will help you (I) Resolve complex problems and structure your reasoning, (II) Communicate effectively, (III) Negotiate effectively, (IV) Manage your time, (V) Manage your team, (VI) Define who you want to be, and what you want to achieve. This Toolkit was used to train the leadership team and the managers of multiple Fortune Global 1000 firms. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Consulting toolkit structuring the problemchrisdoran
The document provides guidance on using issue trees to structure problem solving. It discusses breaking problems down into smaller, more manageable issues. An issue tree has three purposes: to break problems into analyzable chunks; open up the solution space; and get everyone on the same page quickly. The document outlines eight steps to generate an issue tree, including writing the problem, brainstorming solutions, organizing the solutions logically into questions at different levels of generality/specificity, expanding and pruning the tree, and revisiting the problem. Productive brainstorming requires rules like deferring judgment and encouraging novel ideas.
The document describes an operating model and organization design toolkit created by former consultants from McKinsey, Deloitte, and BCG. The toolkit is intended to help executives implement operating model and organization design initiatives to achieve their strategic goals. It includes frameworks, tools, templates, tutorials, and best practices covering key components like capabilities, structure, talent management, processes, technology, and culture. The toolkit uses a three-phase approach of assessing the current state, designing the future state, and implementing a roadmap for change. The summary highlights the toolkit's goal of helping strategies succeed through organization design and its inclusion of consultant-developed content.
This Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Strategy Consultants, after more than 3,000 hours of work. It is considered the world's best & most comprehensive Strategy Toolkit. It includes all the Frameworks, Analysis Tools & Document Templates required to excel in a Strategy position and define & implement a winning Strategy for your organization. This Slideshare presentation is only a small sample of our Toolkit. You can download the entire Toolkit at www.slidebooks.com
Easily define & implement your Digital Transformation Strategy & Plan by leveraging this 10-step Template. Created by ex-McKinsey, Deloitte and BCG Consultants specialized in Digital Strategy, after more than 600 hours of work. Don’t reinvent the wheel. Download Now. To download the whole template, go to www.slidebooks.com.
Using agile and lean to lead business transformation agile 2010Dennis Stevens
Companies need a sustainable model for leading continuous change - yet most leadership teams are too busy running the business to effectively lead change. Many transformation efforts fail due to false starts, organizational resistance, and a lack of effective governance. We will explore a strategic change project management model that has repeatedly resulted in successful ongoing change initiatives. The model draws on Agile and Lean principles and techniques to lead change initiatives in a way that is simple, provides focus and transparency, and builds trust.
Go to www.slidebooks.com to access the editable version in Powerpoint and Excel of this Management Consultant Toolkit created by former management consultants from Deloitte and McKinsey.
Business Plan and Entrepreneurship Toolkit - Overview and Approach.pptxPeterFranz6
The document provides an overview of a business plan and entrepreneurship toolkit created by management consultants and entrepreneurs. It aims to help users build, run, and scale their own business through a 6-phase approach. The phases include generating business ideas, defining the business model, gathering data to validate assumptions, building a business plan, implementing the plan, and estimating business value. The toolkit includes tools, templates, tutorials, examples, and frameworks to guide users through each phase. It also highlights common reasons for business failure and the objectives of the toolkit to help users avoid these pitfalls and successfully start and grow their own company.
This Toolkit was created by ex-McKinsey, Havas & Deloitte Consultants specialized in Marketing, Sales & Communication Strategy. It includes all the Frameworks, Tools & Templates required to help you define and execute your Sales, Marketing, Communication and Pricing Strategy & Plan. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com.
Digital and Innovation Strategies for the Infrastructure Industry: Tim McManu...Smart City
Productivity in the engineering and construction industry has been stagnant for decades. The proliferation of digital solutions has made it difficult for users to develop a coherent strategy. Companies who are able to successfully navigate the new digital landscape are on the brink of a transformation that will see top performers reduce overall project costs by 20-45%. However, digital transformations require developing digital capability across all aspects of the organization. Therefore, each entity involved in the industry must understand its critical challenges in order to guide its path to increased digital capability.
The document discusses policy deployment as a process for aligning strategy execution across an organization. It begins by explaining the importance of strategy and outlines the policy deployment process. This includes developing objectives at each level of the organization from corporate down to individual employee objectives. Projects are then selected and prioritized to achieve the objectives. Progress is monitored using metrics in a policy deployment matrix to ensure the strategy is executed successfully.
This presentation was given by the Cabinet Office on Commercial Masterclasses.
The presentation was on the 28 May 2013 in York presented by John Dawson (NAVCA) and Stephen Hornby (Serco).
Find out more about the NCVO's voluntary work: http://www.ivr.org.uk
The document discusses operational excellence and strategies for achieving it. It outlines three principles of strategy: making difficult choices with limited information, starting to act even without being entirely sure, and learning and modifying plans through trial and error. It also discusses differentiating strategies and cases where companies succeeded by focusing on innovation, customer intimacy, or operational efficiency rather than copying competitors. The document provides examples of how implementing processes like six sigma, business process reengineering, and lean methodology can help companies achieve operational excellence through benefits like reduced costs, improved productivity, quality and customer satisfaction.
Greetings from SIMCON !
Wish you Merry Christmas and Happy New Year !
It gives us immense pleasure to present you December Edition of our monthly newsletter "BEACON".
This issue covers articles on HR consulting (by our SIMSREE student Mr. Avdhoot Patane), IT consulting, book review of 'The Mckinsey Mind', industry related recent news and quiz.
Hope you enjoy reading the newsletter ! Do provide your valuable feedback.
For more updates on consulting industry, keep visiting our FB page.
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Creating Competitive Advantage with Strategic Execution Capability V1.0Jon Hughes
The document discusses the Strategic Execution Framework (SEF), which is a model that helps organizations align strategy creation with execution by assessing six key capabilities: Ideation, Nature, Vision, Engagement, Synthesis, and Transition (INVEST). Conducting a diagnostic using the SEF can identify strengths and weaknesses in these capabilities and their linkages. Addressing weaknesses through initiatives to develop capabilities can help organizations more effectively execute strategies and gain competitive advantage. Common weaknesses identified include a lack of understanding interrelationships between capabilities, poor synthesis of strategies into coordinated programs and projects, and an inability to transition projects to operations.
- Optimus Consulting is a firm that offers business process management, middleware system integration, and collaborative/web-enabled solutions using leading tools and techniques.
- The VP enjoys the varied challenges of working with Fortune 1000 companies and government agencies to design strong, repeatable processes that replace disjointed practices.
- The firm helps organizations increase agility through business process management to accommodate continuous change and ensure process alignment with business goals.
Todd Melioris has over 15 years of experience in executive sales and marketing roles at various companies. He has a track record of success developing solution sales strategies and methodologies, growing revenues, establishing strategic business plans, and managing sales and marketing budgets. Some of his responsibilities have included directing all sales and marketing functions, developing strategic business plans, and strengthening corporate brands.
The document discusses strategic planning and its importance for project managers. It outlines the key elements of strategic planning, including goal setting, strategy development, customer and internal business analysis, strategic choices, implementation, and evaluation. It argues that project managers need to understand business strategies in order to position themselves as partners rather than just hands, and that linking projects to corporate strategies is critical for success. A basic knowledge of strategic planning principles is necessary for project managers to fulfill this role effectively.
Here are the key points about strategic group analysis:
- Strategic groups separate companies within the same industry that have similar business models and strategy combinations.
- Companies within a strategic group compete most directly with each other.
- Strategists will often display companies on a two-dimensional grid to show their relative market positions within a strategic group.
- Examining strategic groups provides insights into the competitive dynamics within an industry by analyzing groups of closest competitors.
- It also helps companies assess their relative strengths and weaknesses compared to industry peers in the same strategic group.
- The goals of strategic group analysis depend on factors like a group's market share, growth rates, and profitability relative to other groups.
This document provides an overview of Catalyst Strategies' strategic planning framework. It discusses key elements of developing a strategic plan such as defining a vision, mission, situation assessment, goals, strategy, and strategic priorities. The framework is intended to guide organizations through the strategic planning process from assessing their current situation to developing long-term goals and priorities to achieve their vision.
8. Mergers and Acquisitions Toolkit - Overview and Approach.pptxKamran181656
This document provides an overview of a mergers and acquisitions toolkit created by former JP Morgan investment bankers and McKinsey and Deloitte consultants. The toolkit includes frameworks, tools, templates, tutorials and other resources to guide companies through the M&A process. It outlines a six-phase approach for mergers and acquisitions: defining an M&A strategy, identifying target companies, building a business case, conducting due diligence, executing the transaction, and integrating the merged companies. The toolkit aims to increase success rates for M&As by providing best practices and lessons learned from over 4,000 hours of work and experience with over 200,000 executives and consultants.
Unit 10 Assignment Management policy and StrategyPretend you a.docxmarilucorr
Unit 10 Assignment: Management policy and Strategy
Pretend you are a business strategy consultant hired by this company executive team. Your goalis to present this new strategic plan to the board of directors
3-4 short bullets per slide one to ten word bullets
12 or more slides
Use notes section of each slide to further describe each bullet presented using, APA citations, format & style
Modify a fortune 1000 company’s strategic planning mode to include an entrepreneurial mode. Creat a new grand strategy for long term growth.
Final Assignment: The Strategic Plan Presentation
The Final Assignment is your opportunity to bring all your learning together. This Strategic Management Plan presentation is an in-depth case study analysis of the company of your choice. Click here for Final Project Guidelines which are also available in Doc Sharing.
You may choose either a large, well-known Fortune 1,000 company that has information readily available, or a smaller company in your city or town which has information in the local press (the larger company may be easier). Pretend that you are a business and strategy consultant hired by one of your chosen company’s executives to present the new strategic plan to the Board of Directors (BoD).
You will create this Assignment in a PowerPoint presentation format. Use a bulleted list for each slide (page) and support the bulleted ideas in the Notes section of the slide. Use APA format and citation style in the notes description section. Do include a references page at the end of the presentation for the outside sources you used and integrated in the presentation itself. In addition, follow the Final Project Guidelines.
Final Project Guidelines
· Introduction
· Company Background
· Company Vision and Mission Statements
· Leadership and Organizational Culture
· Corporate Social Responsibility, Business Ethics, and Policies Empowering Action
· External Analysis (Opportunities and Threats) and Global Environment
· Internal Analysis (Strengths and Weaknesses), Strategic Control and Continuous Improvement
· Innovation and Entrepreneurship
· Strategic Analysis and Choice
· Generic and Grand Strategies
· Long-Term Objectives and Strategies
· Short-Term Objectives, Functional Tactics, and Implementation
· Restructuring, Reengineering and Refocusing
· Conclusion
Assignment Checklist:
· Develop a strategic plan.
· Modify a Fortune 1000 company's strategic planning mode to include an entrepreneurial mode.
· Create a new grand strategy for long term growth.
· Create presentation in PowerPoint format.
· Submit to the Unit 10: Final Assignment Dropbox.
For additional Assignment details see Rubric below.
Unit Ten: The Strategic Plan
MT460 Management Policy and Strategy
Final Assignment: Fortune 1000 Company
Learner: <enter your name>
Notes:
1
Introduction
Company Background
Company Vision & Mission Statements
Leadership and Organizational Culture
Corporate Social Responsibility, Business Ethics, and Policies Empo ...
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1. Modul ini membahas pengertian perpajakan, fungsi, jenis, sistem, dan asas pemungutan pajak di Indonesia.
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Pertanyaan terkait berbagai aspek penerapan UU HPP terbaru, seperti perlakuan pajak atas berbagai fasilitas yang diberikan perusahaan kepada karyawan seperti tunjangan transportasi, asuransi kesehatan, fasilitas makan dan minum, serta aset tetap seperti rumah dinas dan kendaraan dinas. Termasuk juga pertanyaan mengenai perlakuan pajak untuk direksi dan tunjangan pendidikan.
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Dokumen tersebut membahas tentang Balanced Scorecard (BSC) sebagai sistem manajemen strategik yang menetapkan aktivitas-aktivitas dalam suatu strategi dan memonitor kinerja strategi tersebut untuk mencapai tujuannya. BSC menggunakan empat perspektif yaitu finansial, pelanggan, proses bisnis internal, dan pembelajaran dan pertumbuhan untuk mengukur kinerja organisasi secara menyeluruh."
Cost-benefit analysis requires discounting future costs and benefits to present value in order to compare projects. This involves selecting a discount rate and applying a discount factor to future cash flows. For government projects, the social discount rate is typically used instead of private market rates. Valuing both tangible and intangible costs and benefits, such as consumer surplus, time savings, and statistical lives saved, requires estimation techniques since not all impacts are traded in markets.
Organizational success factors in the era of globalization include benchmarking, business process reengineering, six sigma, knowledge management, and blue ocean strategy. Great companies can fail if they do not change with the times and act with outdated logic. External drivers like deregulation and global competition as well as internal drivers like new technologies require companies to reinvent themselves. A learning organization is one that continually transforms itself through processes like systems thinking, personal mastery, mental models, shared vision, and team learning. Organizational knowledge is created through the SECI model of socialization, externalization, combination, and internalization.
1. The document discusses quantitative decision making methods, including expected value, decision trees, and expected value of perfect and sample information.
2. It provides an example of a restaurant choosing between three models based on expected number of customers. It calculates expected values and shows the optimal choice is Model C.
3. It then calculates the expected value of perfect information as $2,000, the increase in profit if the true customer number was known for certain. Obtaining a marketing survey costs $1,000 but only provides an expected value of sample information of $900.88, so the survey should not be purchased.
Dokumen tersebut membahas tentang teori organisasi dan tantangan abad ke-21. Beberapa poin penting yang diangkat antara lain mengenai perspektif makro dan mikro dalam pengembangan teori organisasi, pendekatan klasik, neo-klasik, dan modern dalam teori organisasi, serta adaptasi organisasi terhadap lingkungan eksternal.
Teori dan Aplikasi Organisasi memberikan penjelasan tentang:
1. Teori U yang membahas proses perpindahan struktur perhatian dalam mengenali sudut pandang yang berbeda.
2. Empat halangan yang membuat organisasi sulit berubah yaitu pola pikir, pola kerja, fokus pada inti organisasi, dan hanya untuk kepentingan organisasi.
3. Proses kristalisasi yang menghasilkan identitas dan cara baru bagi kelompok untuk masa depan
Dokumen tersebut membahas tentang prinsip-prinsip administrasi publik klasik, perbedaan antara birokrasi dan demokrasi, serta sistem kepegawaian negara. Secara ringkas, dokumen tersebut menjelaskan tentang pentingnya sistem merit dalam rekrutmen pegawai negeri dan perlunya reformasi ke arah profesionalisme dalam birokrasi.
1) Public administration is closely related to public policy management. Some experts even identify public administration as public policy management.
2) Public policy management is controlled by the ruling government wherever it is.
3) In a narrow sense, public administration is the administration of government. Therefore, it is never in an empty political space.
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Addiction to Winning Across Diverse Populations.pdf
7's mc kinsey
1. Problem-solving and
decision-making
This report is solely for the use of client personnel. No part of it may be
circulated, quoted, or reproduced for distribution outside the client
organisation without prior written approval from McKinsey & Company.
This material was used by McKinsey & Company during an oral
presentation; it is not a complete record of the discussion.
July, 2011
The McKinsey Seven-S Model
2. McKinsey & Company |
The McKinsey Seven-S Model
Strategy
“Structure
follows
strategy”
Structure
Staff
Systems
Shared
Values
Style
Skills
“Get the right people
on the bus.”
3. McKinsey & Company | 1-2
Ethnocentrism Polycentrism
Geocentrism
Definition Based on ethnicity
Based on political
orientation
Based on
geography
Strategic
Orientation/Focu
s
Home Country
Oriented
Host Country
Oriented
Global Oriented
Function Finance Marketing R&D
Product Industrial products Consumer goods -
Geography
Developing
countries
- US and Europe
4. McKinsey & Company | 1-3
The McKinsey 7 S framework or model for strategic
fit was developed over thirty years ago by strategy
consultants McKinsey and in particular Tom Peters
and Robert Waterman, co-authors of the classic book
“In Search of Excellence” to help implement
strategies.
What Is The McKinsey 7 S Framework?
It was originally thought that to implement strategy
you needed to align strategy with structure (and vice-
versa).
This wasn’t enough and McKinsey developed the 7-S
model to show that a softer set of issues also needed
to be considered when implementing strategy.
5. McKinsey & Company | 1-4
The 7 S’s are:
•Strategy – how the business intends to create a competitive advantage
and achieve its overall goals.
•Structure – the hierarchy of responsibility and accountability within the
organisation and how the business is organised functionally,
geographically or by product-market.
•Systems – the way activities and processes get the work of the business
done effectively and efficiently.
•Style – the culture of the business and the way the leaders behave
towards customers, employees and other stakeholders. What’s said is
much less important than what’s done.
•Staff – the personnel within the business and their individual skills,
abilities and attitudes. Different people are right for different
organisations.
•Skills – specialist skills that the business has access to through the
combination of systems and staff – think core competences or distinctive
capabilities.
•Shared values or subordinate goals depending on which version you
read – the core values and beliefs of the business.
6. McKinsey & Company |
transnational company
A commercial enterprise that operates substantial facilities, does business in more
than one country and does not consider any particular country its national home.
One of the significant advantages of a transnational company is that they
are able to maintain a greater degree of responsiveness to the local markets where
they maintain facilities.
7. McKinsey & Company |
A transnational corporation (TNC) differs from a traditional MNC in that it does not identify itself
with one national home. While traditional MNCs are national companies with foreign
subsidiaries,[9] TNCs spread out their operations in many countries sustaining high levels of
local responsiveness.[10] An example of a TNC is Nestlé who employ senior executives from
many countries and try to make decisions from a global perspective rather than from one
centralized headquarters.[11] Another example of a Transnational Corporation is the Royal
Dutch Shell corporation whose headquarters may be in The Hague, Netherlands but its
registered office and main executive body where the decisions are made is headquartered
in London, United Kingdom.
8. McKinsey & Company | 7
Importance of good problem-solving and decision-making
▪ Get to answers faster
▪ Use time and resources more efficiently
▪ Have greater impact on the business
▪ Free up time to do other things
9. McKinsey & Company | 8
Objectives and approach for session
Objectives
▪ Introduce an
approach/tools you
can add to your
toolkit of skills and
use for many types
of problem solving
Approach
▪ Learn key
elements of
approach through
plenary lecture
and discussion
10. McKinsey & Company | 9
McKinsey’s problem solving approach
C R E A T I V E T H I N K I N G
Logical
problem solving
Impact-
driven
Focused Fact-
based
IMPACT
12. McKinsey & Company | 11
Step 1: Define the problem
Recom-
menda-
tions
Synthesis
Problem
definition
Struc-
turing
Priori-
tising
Issue
analysis
Analysis
C O M M U N I C A T I O N
? !Problem Impact
Think IMPACT:
What is the question you
are trying to answer?
13. McKinsey & Company | 12
What is a good problem definition?
▪ What are characteristics of a good problem
definition?
▪ What are “must-have” elements to
– Ensure we get to the best answer?
– Ensure our answer is practical and
implementable?
▪ What are the common pitfalls?
A ‘problem definition’ is a way to frame a problem so that
we are clear up front on what we are trying to solve, and
what success will look like
14. McKinsey & Company | 13
Problem statements help sharpen your thinking about the problem
What are we trying to achieve?
Focuses the work and ensures that findings can be acted on. The more specific the statement the
better, provided that it is not so narrow that the “wrong” problem is addressed.
Background and context
Potential challenges
Comments on the “situation” and “complication”
facing the key decision-maker (e.g., industry
trends, relative position in the industry).
Indicates what will not be included in the project
(e.g., international markets, R&D activities). Also
defines the limits to the set of solutions that can be
considered, including degree of accuracy of
analysis (i.e, 80/20 rule vs. 90/10).
1
4
What is success?
Stakeholders
Refers to the basis on which the key decision-
maker will decide whether to act on the
recommendations (e.g.,financial returns, effect on
staff, market share growth).
Identifies primary decision makers (e.g., CEO,
Division Manager) as well as internal and external
parties who can affect implementation (e.g.,
shareholders)
2
3
Where will we find information and help?
Describes implementation challenges (e.g., labour relations, communication practices, risk aversion)
that must be addressed to change beliefs and behaviors
5
15. McKinsey & Company | 14
One idea of what a good problem definition looks like…
What are we trying to achieve?
The basic question we are trying to solve. It should be SMART: specific, measurable,
action-oriented, relevant and time-bound.
Background and context
Potential challenges
What is the current situation?
What has happened so far?
Why is this problem is being addressed
now?
What are the potential issues or problems
that we can forsee and plan to mitigate?
1
4
What is success?
Stakeholders
What does a good final product look like?
What are we trying to deliver?
Who are the decision makers?
Who needs to be involved?
2
3
Where will we find information and help?
Where does expertise and knowledge, exist (Internal and external)? e.g., work that has
already been done, internal experts who we should draw on, published reports and papers
5
16. McKinsey & Company | 15
Problem statement
Characteristics of good problem statement
• Specific
• Measurable
• Action-oriented
• Relevant (to the key problem)
• Time-bound
17. McKinsey & Company | 16
Example problem statement: Oilco refinery
The Oilco refinery is suffering from
poor profitability despite a strong
market niche position
Should the Oilco refinery improve
its deteriorating position?
Can the Oilco refinery be
managed differently to increase
profitability?
Too general
Not disputable
Statement of fact
18. McKinsey & Company | 17
Good problem solving: Oilco refinery
What opportunities exist for Oilco to improve
profitability by $40 million per year through
overhead rationalisation, operational
improvements, or restructuring non-core
assets?
Specific,
action-oriented
• Specific
• Measurable
• Action-oriented
• Relevant (to the key
problem)
• Time-bound
19. McKinsey & Company | 18
Step 2: Structure the problem
Recom-
menda-
tions
SynthesisProblem
definition
Struc-
turing
Priori-
tising
Issue
analysis
Analysis
C O M M U N I C A T I O N
? !Problem Impact
Think DISAGGREGATION and
HYPOTHESIS:
What could the key elements of
the problem be?
20. McKinsey & Company | 19
Problem solving requires we answer a number of difficult questions
What issues
should we
think about?
…?
How will we
build our
smart cities?
What steps
will we need
to take?
21. McKinsey & Company | 20
What is an issue tree and why is it important?
A problem solving tool that breaks a problem into discrete chunks
Why use logic trees?
▪ To break a problem into
component parts
▪ To ensure integrity of the
problem solving is maintained
▪ To build a common under-
standing within the team of
the problem solving
framework
▪ To help focus team efforts
Problem
Issue 4
Issue 1
Sub-issue
Sub-issue
Issue 2
Sub-issue
Sub-issue
Issue 3
Sub-issue
Sub-issue
Issue 5
Sub-issue
Sub-issue
22. McKinsey & Company | 21
The issue tree is a valuable tool to disaggregate a problem into core sub-
questions that need to be addressed to answer the main question
Description Why use it? When to use it?
▪ Early in the
problem solving
process, when
you know little
about the
problem
▪ Decomposes an
issue into smaller
sub-issues (e.g.,
measures, criteria)
▪ Sub-issues answer
the question
“What?” or “How?”
▪ Helps
disaggregate
problem into
individual pieces
▪ Helps divide the
work among
team members
Issue
tree
Text
23. McKinsey & Company | 22
Basic principle of the issue tree
Goal:
Break a problem
into component
parts and show
concrete solutionsQuestion
Formulation of
the basic
question to be
resolved should
be as specific as
possible
Idea 1
Idea 2
Idea 3
Idea 1.1
Idea 1.2
Idea 2.1
Idea 2.2
Idea 3.1
Idea 3.2
How / What?
Level of detail
Complete but non-
overlapping list of
conceivable solutions
Further levels of detail for ideas,
also complete and non-
overlapping
How / What?
24. McKinsey & Company | 23
Question
Together, statements
answer the question or
fully describe the idea
on the level immediately
above
ME
CE
Collectively
Exhaustive
Mutually
Exclusive
Idea 1
Idea 2
Idea 3
Mutually Exclusive Collectively Exhaustive
Content of
Statements
does not
overlap
Benefit for impact
Efficient
Time and
effort to
structure
problem
Trying to be perfect
100%
80%
100%20%
80/20 rule
Good issue trees meet MECE and 80/20 rule requirements
25. McKinsey & Company | 24
Let’s try out an example
Create an issue tree to address the
following:
How can you reduce monthly shopping
expenses?
26. McKinsey & Company | 25
Example Issue tree solution
How could you
reduce your
expenditure
each month?
Buy fewer items
Food
Clothing
Travel
Entertainment
Share costs of items (e.g., split
rent with roommate, car pool)
Pay less for
same quantity of
items
Buy lower-quality items
Buy items at discount/on sale
27. McKinsey & Company | 26
Good logic trees help prioritise issues and allocate responsibilities to
team members
Recom-
menda-
tions
SynthesisProblem
definition
Struc-
turing
Priori-
tising
Issue
analysis
Analysis
C O M M U N I C A T I O N
? !Problem Impact
Think SPEED:
Which part of the tree seems most
important to the problem?
28. McKinsey & Company | 27
Purpose of prioritisation
Bundle of possible actions developed
But:
▪ Limited resources
▪ Time constraints
▪ Prioritisation
required
29. McKinsey & Company | 28
How to prioritise
Use judgement/intuition
Do back-of-the-
envelope calculations
Involve your team
Take risks
20
80
80
20
Time and
effort
Focusing
on impact
Polishing
Benefit for
problem
solving
Be practical!
30. McKinsey & Company | 29
Methods for prioritising
Key ideas
• Take a reasonably quick, informal
approach to get started
• Remember that sometimes a ”back
of an envelope” calculation is all
that’s needed
• If new information emerges, you can
always reprioritise and switch your
efforts to another part of the tree
• Use likely impact to decide where to
go first
• Use readily available data whenever
possible; avoid major data requests
• Do not create massive spreadsheets
or other computer models if you can
move forward with less complete
information
Example methods
• Percentage of total “X”
• Estimated potential
increase/decrease (sensitivity
analysis)
• Simple ratios
• Quick industry benchmarks
• Qualitative input from interviews
• Ease of implementation
• Timing
• “Quick wins”
• Available resources
• High/low risk
31. McKinsey & Company | 30
Step 4: Issue analysis and work plan
Recom-
menda-
tions
SynthesisProblem
definition
Struc-
turing
Priori-
tising
Issue
analysis
Analysis
C O M M U N I C A T I O N
? !Problem Impact
Think EFFICIENCY:
How and on what should
the team spend its time?
32. McKinsey & Company | 31
Step 5: Analysis
Recom-
menda-
tions
SynthesisProblem
definition
Struc-
turing
Priori-
tising
Issue
analysis
Analysis
C O M M U N I C A T I O N
Think EVIDENCE:
What am I trying to
prove/disprove?
Problem Impact
? !
33. McKinsey & Company | 32
Step 6: Synthesise findings
Recom-
menda-
tions
SynthesisProblem
definition
Struc-
turing
Priori-
tising
Issue
analysis
Analysis
C O M M U N I C A T I O N
Think SO WHAT:
What are the implications
of our findings?
Problem Impact
? !
34. McKinsey & Company | 33
Summary versus synthesis: what’s the difference?
FACTS
▪ I have misplaced my keys
▪ My passport isn't where
I thought it was
▪ I'm 2 months behind
on my tax return
SUMMARY
?
SYNTHESIS
?
35. McKinsey & Company | 34
SYNTHESIS
Summary versus synthesis: extracting a higher level of meaning
SUMMARY
I’ve lost my keys
and passport and
I'm behind on my
tax return
FACTS
▪ I have misplaced my keys
▪ My passport isn't where
I thought it was
▪ I'm 2 months behind
on my tax return
SYNTHESIS
I’ve been sloppy
36. McKinsey & Company | 35
Synthesis helps develop a powerful and effective main message
What is the one thing I
want my audience to
think or do as a result of
this communication?
Main message must be:
▪Targeted
▪Overarching
▪Powerful
▪Supportable
37. McKinsey & Company | 36
Step 7: Develop recommendations
Recom-
menda-
tions
SynthesisProblem
definition
Struc-
turing
Priori-
tising
Issue
analysis
Analysis
C O M M U N I C A T I O N
Think POTENTIAL
SOLUTION:
What should be
done?
Problem Impact
? !