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How to Solve Problems Like Top Business Consultants
Rating: 4.2 out of 5(30 ratings)
170 students

How to Solve Problems Like Top Business Consultants

Solve business problems using the approach of top management consulting firms like McKinsey, BCG, and Bain
Created byLuke Chen, MD
Last updated 12/2020
English
English [Auto],

What you'll learn

  • You'll learn how to tackle challenging business problems and impress your managers/ clients like the world's top management consultants
  • You'll master the key frameworks and approaches of hypothesis-driven problem-solving (e.g., issue tree, 4C framework)
  • You'll learn how to deliver presentations and messages persuasively to C-level executives and potential investors or clients

Course content

8 sections • 13 lectures • 1h 27m total length

  • Welcome and Introduction2:37

    Master the five step approach to solving business problems used by top firms like McKinsey, BCG, and Bain, with practical frameworks and a case study turning CEO requests into problems.

  • Steps of Agile Problem Solving12:10

    Master agile problem solving by clarifying the question, structuring with issue and hypothesis trees, prioritizing and planning, analyzing data, and synthesizing actionable, insight-driven recommendations.

  • Best Practices of A Great Problem-Solver4:48

    Engage clients and colleagues early, define the problem, prototype fast with early feedback to produce actionable recommendations while avoiding silos and excessive analysis.

Requirements

  • Understanding of basic business concepts (e.g., profit and loss, revenue)

Description

Do you want to advance your career by tackling tough problems for your manager or clients? Do you want to help your team succeed in their work? Do you want to grow and increase profit for your business? Do you want to land a six-figure management consulting job? If so, this is the course for you.

Creative problem solving is an essential skill for succeeding in today’s business world. For decades, management consulting firms (e.g., McKinsey, BCG, Bain) have produced some of the world’s top business leaders and problem solvers. The skills gained after working at these firms for a few years are highly valued across the business world. The same techniques are also used at Fortune 500 and high-growth startups. In this course, you will learn the essential problem solving skills taught at top management consulting firms and their application to practical business problems. By the end of this course, you will have the skills to excel at challenging assignments, deliver persuasive business presentations, or get the job you have always dreamed of.

Who this course is for:

  • Applicants to consulting firms studying for case interviews
  • New business analysts in a quantitative field (e.g., finance, marketing, operations)
  • New analysts/ associates starting their consulting career
  • Managers, project managers and project team members who solve business problems
  • Everyone interested in learning a problem solving technique used by the top consulting firms

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