Management Consulting Problem Solving Process

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This is a proven framework used by global strategy consulting firms for Fortune 500 companies. Learn this methodology and enrich your expertise. Then, save time by lifting slides directly from this presentation into your own.

Management consultants work with clients (organizations, executives, leaders, and teams) to identify and solve complex business problems. Thus, at the core of any management consulting project is a strategic issue that the management consultant must help the client address. E.g.

* Where do we want to be in five years time?
* How can we reshape our industry?
* Should we acquire? Should we divest?
* What are our competitors up to?
* What is our "core" business?

Strategic issues can arise at all levels of the organization--e.g. at the corporate vs. business vs. unit level. However, their nature differs dependent on which level they arise.

In this presentation on the management consulting approach to problem solving, we will discuss the different types and levels of strategy. To help structure this, we introduce the Strategic Analysis Pyramid. The Strategic Analysis Pyramid captures all of the issues management consultants help clients resolve, and provides a structured method of approaching them. The pyramid highlights the different levels of strategy analysis and formulation within an organization.

This PowerPoint presentation also introduces the Analytical Problem Solving process, a 6-phase approach to solving a strategic issue:

1. Define the Issues
2. Formulate Hypotheses
3. Gather Data
4. Analyze Data
5. Find Insights
6. Develop Conclusions & Make Recommendations

This is a common approach adopted by many global management & strategy consulting firms.

Download this problem solving PPT to gain an overview and insight into how management consultants analyze their client's strategic questions and approach solving them using structured problem solving tools & frameworks.

Additional topics discussed include client questions, functional strategies, strategy formulation, hypothesis-driven analysis, among others.

This is a part of a series of Management Consulting training presentations. This problem solving process is referenced and used throughout the remaining training presentations.

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Slides (including separators): 19

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