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| Name | HOW TO SOLVE PROBLEMS - How do consulting firms work (hypothesis-based problem solving explained) |
| Video Uploader | Video From Firm Learning |
| Upload Date | This Video Uploaded At 17-10-2020 08:00:11 |
| Video Discription | How to solve tough problems? How do consulting firms work? How does hypothesis-based problem solving work? What methodology do consulting firms use on their projects? What is the consulting approach to problem solving? These are the questions that I answer in this video. I talk about hypothesis-based consulting, this is a consulting 101 skill that every consultant should master for a successful management consulting career. Solving problems is crucial for every business professional, becoming a good problem solver is key. Whenever you build issue trees or work with the MECE principle, it is often embedded into a hypothesis-based problem solving approach. The skill of hypothesis-based problem solving is crucial to solve business problems. This video is a consulting day in a life as you will apply this skill every day in consulting. Learn what it means to work in consulting, in a MBB consulting firm such as McKinsey, BCG or Bain. When you create management consulting presentations, this principle is relevant as well. Chapters 00:00 Introduction 01:16 Intuition for hypothesis-based problem solving 04:21 Practical example for hypothesis-based thinking 07:03 Hypothesis-based problem solving explained 09:57 Wrap-up 🎓 COMMUNICATIONS AND SLIDE WRITING ACADEMY Learn to communicate and create slide presentations like consultants at McKinsey, BCG or Bain. This is the Firm Learning flagship program: https://link.firmlearning.com/slides 💡 CORPORATE TRAININGS FOR YOUR TEAM* Heinrich offers corporate trainings on Communications, Slide Writing and Problem Solving. Learn more about opportunities to train your team: https://link.firmlearning.com/forteams 📄 CV AND COVER LETTER TEMPLATE* Get a CV and cover letter template based on my own documents. With earlier versions of this CV and cover letter, I successfully applied to McKinsey as consultant: https://link.firmlearning.com/learning ✅ THINK-CELL - EXTENDED TRIAL AND SINGLE LICENSES* think-cell is the leading PowerPoint tool to create professional slides. It is used by 8 of the top 10 consulting firms and the entire DAX 40. Get access to an extended free trial and single licenses: https://link.firmlearning.com/think-cell-2022 👍 CHANNEL MEMBERSHIP Become a member of Firm Learning to support my work and get access to perks: https://link.firmlearning.com/join 📩 NEWSLETTER Sign-up to the Firm Learning e-mail newsletter for more regular content: https://link.firmlearning.com/e-mail ☑️ RECOMMENDATIONS* Book recommendations: https://link.firmlearning.com/books Travel like a consultant: https://link.firmlearning.com/travel GMAT study material: https://link.firmlearning.com/gmatstudy My video equipment: https://link.firmlearning.com/myequipment 💬 SOCIAL MEDIA Instagram: https://link.firmlearning.com/instagram TikTok: https://link.firmlearning.com/tiktok LinkedIn: https://link.firmlearning.com/linkedin Discord: https://link.firmlearning.com/discord Twitch: https://link.firmlearning.com/twitch Facebook: https://link.firmlearning.com/facebook * Links are Affiliate or Sponsored links. I receive a fixed fee or revenue share whenever a purchase is made. The price for you stays the same. Thanks for your support! All views expressed on this channel are private opinions of this channel's creator Heinrich. This is NOT an official channel of any consulting firm. |
| Category | Education |
| Tags | how do consulting firms work | how consulting firms work | firm learning | consulting | mbb | management consulting | mckinsey | bcg | bain | mckinsey & company | consulting business | consulting 101 | consulting career | hypothesis-based problem solving | hypothesis-based consulting | issue tree | mece principle | management consulting presentation | management consulting career | hypothesis based problem solving | issue tree vs hypothesis tree | how to solve problems | how to solve tough problems |
