Subsequently an issue tree like format is used to break down the estimation into its basic components for easier approximation of data. Consulting case on preplounge shows how costs are typically broken down in a mece way. The example below from the startup vs.
On an actual consulting study when the hypotheses are developed the team comes up with analyses necessary to test the hypotheses. The development of decision trees and hypotheses are the core skills behind strategy consulting. An example of a properly structured hypothesis is below.
If you are able to see deeply enough into the issue tree to draw the entire issue tree up front then do it. Those issue trees were created throughout the interview built a piece at a time. As an example the issue trees diagrams used to solve the hardest cases in look over my shoulder all ended up with multiple layers to the issue tree.
They are favored at mckinsey because they 1 break problems down into manageable parts 2 enable solving the larger problem by solving the component parts 3 align the team on the nature of the problem and how to solve it and 4 provide insight into missing elements. Issue trees start with the problem statement and break it down into its component parts issues and sub issues. They also provide a reference point to see how each piece fits.
47 issue trees are useful in problem solving to identify the root causes of a problem as well as to identify its potential solutions. An issue tree also called logic tree is a graphical breakdown of a question that dissects it into its different components vertically and that progresses into details as it reads to the right. In the example of the issue tree given above about how to increase the profitability of a restaurant increasing prices may not be an option for various reasons and that branch of the issue tree may be left out or trimmed for illustrating the concept here a simple example has been given.
As soon as you are aligned on all underlying sub problems you force yourself to take a view and focus on the most important issues based on your hypotheses answer first style. An issue tree is the foundation of all consulting projects once a new project starts you draft an issue tree of the case problem right away as a team. No part of it may be circulated quoted or reproduced for distribution outside the client organisation without prior written approval from mckinsey company.
Problem solving and decision making this report is solely for the use of client personnel.
Issue tree consulting example. For example one of the issue trees from chapter 2 was about improving the quality of new recruits in a consulting firm. Within making the selection better i could ve broken it down into stages 1 2 3 and so on of the selection process. Issue tree analysis is used by mckinsey and other consulting firms to solve client problems. Mece issue trees aka logic trees are used to break down complex questions into simpler sub questions.
In this post we cover issue tree examples and templates you can reuse in your own case interviews. Mckinsey issue tree example 1.
Mckinsey issue tree example 1. In this post we cover issue tree examples and templates you can reuse in your own case interviews. Mece issue trees aka logic trees are used to break down complex questions into simpler sub questions.
Issue tree analysis is used by mckinsey and other consulting firms to solve client problems. Within making the selection better i could ve broken it down into stages 1 2 3 and so on of the selection process. For example one of the issue trees from chapter 2 was about improving the quality of new recruits in a consulting firm.
