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30-Day Money-Back Guarantee

This course includes:

  • 5.5 hours on-demand video
  • 7 articles
  • 46 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
Business Business Strategy Management Consulting

Management Consulting Techniques, Tools and Frameworks

Most useful consulting skills, techniques from top consulting firms like McKinsey, BCG, Bain
Rating: 4.2 out of 54.2 (398 ratings)
3,691 students
Created by Asen Gyczew
Last updated 11/2020
English
English [Auto]
30-Day Money-Back Guarantee

What you'll learn

  • Master management consulting tools, techniques and frameworks
  • Apply the right elements from your management consulting toolbox
  • Analyze fast problems that are killing your business
  • Find fast potential improvements in your business
  • Prepare you to move on to intermediate level management consulting training
  • Calculate in Excel the impact of your proposals
  • Expand your toolbox with new useful methods
  • Learn how to analyze fast and efficiently

Requirements

  • Basic or intermediate Excel
  • Basic knowledge of economics or finance

Description

What is the aim of this course?

This course will help you drastically improve your knowledge of management consulting techniques, tools and frameworks. It is designed for people who want to become management consultants, business analysts or are dealing with performance improvements as well as strategic projects in their firms. In the course you will learn 3 things:  

  • What consulting techniques, tools and frameworks there are  

  • When to apply each and one of them  

  • How to use them in practice including examples how to calculate specific things in Excel  

The course is based on my 14 years of experience as a consultant in top consulting companies and as a Board Member responsible for strategy, performance improvement and turn-arounds in biggest companies from Retail, FMCG, SMG, B2B and services sector that I worked for.  On the basis of what you will find in this course I have trained over 100 consultants, business analysts and managers who are now CEO, COO, Directors of Sales, Production, Investment Directors in PE funds, Directors in Consulting Companies, Board Members etc. On top of that my courses on Udemy were already taken by more than 45 000 students including people working in Walmart, EY, Dell, Booz Allen Hamilton, Alvarez & Marsal  

I teach through cases, so for every tool, technique and framework I provide an example, preferably in Excel, that shows you how to apply the knowledge in practice. To most of lectures you will find attached  (in additional resources) the Excels shown in the lecture so as a part of this course you will also get a library of ready-made analyses that can, with certain modification, be applied by you in your work. If you are already working in Management Consulting this course will give you an advantage over your colleagues and will help you get promoted faster to a Project Manager.  


Why I decided to create this course?
 

Management consulting has been very creative and has produced or popularized the application of many tools, techniques and frameworks that can be used to improve any business. By putting them in one course and explaining them using real life examples, I wanted to make this knowledge available to students that are considering joining Management Consulting firms as well as managers that simply need to expand their toolbox with few useful tools.  

Things you will find in this course will improve your awareness and skills in analyzing problems that you will be facing in business as well as in private life.  Thanks to this course, you will know what tool, technique or framework to use and how to use it in practice.  

To sum it up, I believe that if you want to build or to find improvements in any business you should master techniques presented in this course. That is why, I highly recommend this course not only to consultants or business analyst that have to advice their customers, but also to owners, founders of businesses as well as managers and directors.  


In what way will you benefit from this course?
 

The course is a practical, step by step guide loaded with tones of analyses, tricks, hints that will significantly improve the speed and efficiency of your business. There is little theory – mainly examples, a lot of tips from my own experience as well as other notable examples worth mentioning. Our intention is that thanks to the course you will learn:  

  1. What management consulting tools, techniques and frameworks are available  

  2. How to understand business using management consulting tools, techniques and frameworks  

  3. How to apply in practice those techniques, tools and frameworks to optimize the business and take strategic decisions  

You can also ask me any question either through the discussion field or by messaging me directly.  

How the course is organized?  

The course is divided currently in 4 sections and I will be adding new sections to address other important issues. Currently you will find the following sections:  

  • Introduction. We begin with little intro into the course      as well as some general info on production  

  • Basic tools, techniques and frameworks used by management consultants. In the second section I will discuss the main tools that you can use to analyze and understand a business. We will talk about things like: issue tree, bottom-up approach, top-down approach, backward reasoning, 80/20 rule, benchmarking, cost drivers, opportunity tree and many, many more   

  • Intermediate tools, techniques and frameworks used by management consultants. In this section I will discuss more advanced techniques such as: rankings, scenario analysis, representative element analysis, decision tree, OEE, OLE, theory of constraints, Critical Chain and many, many more   

  • Advanced tools, techniques and frameworks used by management consultants. In this section I will discuss further more advanced techniques such as: simulation analysis, decomposition analysis, feasibility analysis and sensitivity analysis   

I will be adding new sections and lectures in the coming months  

   

You will be able also to download many additional resources  

  1. Excels with analyses shown in the course  

  2. Presentation of slides show in the course  

  3. Links to additional presentations and movies  

  4. Links to books worth reading  

   

At the end of my course, students will be able to…  

1.Master management consulting tools, techniques and frameworks   

2. Apply the right elements from your management consulting toolbox   

3. Analyze fast problems that are killing your business   

4. Find fast potential improvements in your business   

5. Prepare you to move on to intermediate level management consulting training   

6. Calculate in Excel the impact of your proposals

Who this course is for:

  • Students that are considering becoming management consultants
  • Management Consultants
  • Business Analysts
  • Small and medium business owners
  • Startups founders
  • Managers
  • Controllers

Featured review

Adarsh Sigdyal
Adarsh Sigdyal
4 courses
3 reviews
Rating: 4.5 out of 5a year ago
Amazing! I highly recommend this course to anyone who is related to the management field as it can be useful to many of us. Basically, this course gives an introductory insight into the field of management consulting. The additional resources like excel templates and suggested books are also equally helpful. I feel confident now. I am sure these basics will be widely used in my professional career. All thanks to the instructor. Cheers!

Course content

7 sections • 128 lectures • 5h 45m total length

  • Preview01:28
  • Preview01:47
  • How this course will be organized?
    00:49
  • What to do if a blurry image appears
    02:04
  • How to reach additional resources
    01:05

  • Preview01:48
  • Preview07:53
  • Top-down approach
    03:45
  • Ceramic tile market – Case Introduction
    00:17
  • Ceramic tile market - case to be solved
    01:29
  • Ceramic tile market - solution
    03:13
  • Ceramic tile market - solution in Excel
    04:35
  • Ceramic tile market - Presentation in Power Point
    01:09
  • Preview02:43
  • Backward logic based decisions – Case Introduction
    01:03
  • Backward logic based decisions – Solution
    04:10
  • Backward logic based decisions – When it makes sense to use it
    02:14
  • Preview01:52
  • Compounded effect – Case Study Introduction
    01:34
  • Compounded effect – Available Data
    02:26
  • Compounded effect – Solution
    03:58
  • Preview01:44
  • Issue tree – Examples Introduction
    00:53
  • Issue tree – Logistics
    01:42
  • Preview03:46
  • Issue tree example for a FMCG firm
    04:41
  • Preview02:43
  • Low hanging fruits – Case Studies
    00:18
  • Quick wins for cost reduction
    02:49
  • Quick wins for cost reduction – Remarks on Pontetial Savings
    03:49
  • Quick wins in Drugstore – Case Introduction
    00:57
  • Quick wins in Drugstore – Cost Structure
    02:59
  • Quick wins in Drugstore – Cost Reduction
    03:06
  • Quick wins in Drugstore – Summary
    02:39
  • Management Consulting Tools, Techniques, Frameworks Overview
    00:39

  • Setting Priorities
    04:19
  • Benchmarks – external and internal
    03:16
  • Preview03:04
  • Preview05:50
  • Opportunity Tree
    03:19
  • Cost drivers
    02:32
  • KPIs and business drivers – Introduction
    02:53
  • Introduction to the KPIs for cinema case
    00:52
  • KPIs for cinema – case to be solved
    00:33
  • KPIs for cinema – solution
    01:53
  • KPIs for cinema - solution in Excel
    05:15
  • KPIs for cinema - Presentation in Power Point
    01:57
  • KPIs for marketplace – Problem
    00:37
  • Preview02:57
  • KPIs for marketplace – Alternative Solution
    01:55
  • KPIs for a FMCG business model – Problem
    00:49
  • Main drivers for FMG business model
    01:52
  • KPIs for a FMCG business model – Solution
    03:36
  • KPIs for SaaS – Problem
    00:57
  • Examples of SaaS businesses
    02:03
  • KPIs for SaaS – Solution
    02:40
  • Short Contest
    01:00
  • Excel – basic rules for every Management Consultant
    04:22
  • Resources that will help you master Excel
    01:01
  • Power Point – how it should be used by business analyst
    05:47
  • Basic tools – Summary
    01:37

  • Preview02:07
  • Preview03:27
  • Preview02:38
  • Preview03:29
  • Preview02:57
  • Expansion strategy into other countries - intro
    02:48
  • Expansion strategy into other countries – Case Introduction
    02:17
  • Expansion strategy into other countries – Data for the case study
    03:44
  • Expansion strategy into other countries – Which function to use
    04:53
  • Expansion strategy into other countries – Solution in Excel
    03:32
  • Expansion strategy into other countries – Solution in Power Point
    02:30
  • Preview03:21
  • Preview02:47
  • Preview03:47
  • Which price formula is the best for my profits – Solution – Mixed Options
    02:37
  • Scenario analysis – How to shorten the lifespan of a product
    00:16
  • How to shorten the lifespan of a product – Case Introduction
    01:59
  • How to shorten the lifespan of a product – General rules
    03:49
  • How to shorten the lifespan of a product – Current Situation
    02:46
  • How to shorten the lifespan of a product – Fad
    02:35
  • How to shorten the lifespan of a product – Lower Costs
    01:46
  • How to shorten the lifespan of a product – Simplify Exchange
    01:23
  • How to shorten the lifespan of a product – Parameters
    02:24
  • How to shorten the lifespan of a product – Comparison
    01:22
  • How to shorten the lifespan of a product – Solution in Power Point
    01:56

  • Preview02:35
  • Convenience stores - Analysis of tariffs – Introduction
    03:38
  • Convenience stores - Analysis of tariffs – Tips how to do it
    04:36
  • Convenience stores - Analysis of tariffs – Solution
    02:27
  • Decision Tree Analysis – Introduction
    03:12
  • Decision Tree Analysis – Solution
    02:30
  • OEE and OLE
    03:10
  • Theory of constraints and bottlenecks
    03:14
  • Removing bottlenecks - Case Studies
    00:36
  • Removing bottlenecks - Content marketing agency – Introduction
    01:29
  • Removing bottlenecks - Content marketing agency – Solution
    02:17
  • Removing bottlenecks – Example from production – Case Introduction
    01:18
  • What the production capacity depends on?
    04:15
  • How to calculate the capacity for the whole month
    04:21
  • Removing bottlenecks – Example from production – Scenarios – Part 1
    03:25
  • Removing bottlenecks – Example from production – Scenarios – Part 2
    01:24
  • Removing bottlenecks – Example from production – Available Data
    02:31
  • Removing bottlenecks in Production – Solution
    03:48
  • Removing bottlenecks – Example from production – Graphs
    02:00
  • Critical Chain
    03:16
  • Intermediate tools – Summary
    01:22

  • Preview01:28
  • Preview03:10
  • What will be the effect of the price increase – Introduction
    02:09
  • What will be the effect of the price increase – Solution – Impact on coffee only
    04:01
  • What will be the effect of the price increase – Solution – Full impact
    02:34
  • Juice Producer - Simulation - Introduction
    04:28
  • Juice Producer - Simulation - Tips how to do it
    08:23
  • Juice Producer - Simulation - Solution
    08:33
  • Preview02:48
  • LFL analysis – Introduction
    02:36
  • LFL analysis – Solution – Part 1
    03:06
  • LFL analysis – Solution – Part 2
    02:58
  • LFL analysis – Solution – Power Point
    02:14
  • Feasibility analysis – Introduction
    01:43
  • How to increase the net profit by 10% – Introduction
    01:22
  • How to increase the net profit by 10% – Solution – Current Level of costs
    03:44
  • How to increase the net profit by 10% – Solution – Analysis of different options
    03:57
  • Sensitivity analysis – Introduction
    02:02
  • Sensitivity analysis – Solution In Excel
    05:43
  • Sensitivity analysis – Solution in Power Point
    01:18

  • Bonus Lecture: up to 90% discounts for all my courses
    01:14

Instructor

Asen Gyczew
Expert in performance improvement, turnaround and startups
Asen Gyczew
  • 4.3 Instructor Rating
  • 12,538 Reviews
  • 84,394 Students
  • 49 Courses

Expert in performance improvement, scaling businesses, and turning-around companies with significant experience both in management as well as in supervision of medium size companies (EUR 20 – 500 million) and startups. I have trained in person over 100 consultants, business analysts, and managers who now are Investment Directors, CEO, Partners in PE and VC funds, Sales and Marketing Directors, Operational  Directors, COO, Directors in Consulting Companies, Supply Chain Directors, Board Members, etc. On top of that my courses on Udemy were already taken by more than 84 000 students including people working in McKinsey, EY, Walmart, Alvarez & Marsal, Bain, PwC, Deloitte, Accenture, Dell, Adidas, Naspers, Walgreens, Orange, Citigroup, Cisco, IBM, and many others.


Functional experience:
performance improvement, strategy development, startups, intrapreneurship, post-merger integration and cost reduction, due diligence, turn-arounds, PMO; 

 Industry experience: SMCG (domestic appliances, furniture, ceramic tiles), FMCG (cosmetics, juice, meat), retail (electronics, convenience shops, pharmaceuticals, DIY, vending, fashion, toys), B2B (aluminum system, plywood, alcohol, reagents, loading systems), services (MRO, consulting, outsourcing) 

Countries: Poland, Serbia, Russia, Ukraine 

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