mece framework ppt

MECE and 80/20 rule is the foundation on which consulting analyses are built. Recent Posts. Business Strategy and Innovation Framework IIC:PUB:B01:V1.0:PB:20161115 - 7 - 1 OVERVIEW 1.1 INTRODUCTION This document is a deliverable of the Business Strategy Task … Developed in the early 1980s by Tom Peters and Robert Waterman, two consultants working at the McKinsey & Company consulting firm, the basic premise of the model is that there are seven internal aspects of an organization that need to be aligned if it is to be successful. THE SOFT S’s Skills: the capabilities and competencies that exist within the company. Advertising Objectives: Types, Goals, Examples. executive summary, slides and proposed appendixes! a framework to communicate your story ... prepare a PPT to present to the company’s busy CEO to whom this is new information. If this is the first time you’ve even heard of a case interview framework, the best place to start your case interview prep is with 2 basic frameworks you can use to address any business problem. Staff: the company's people resources and how the are developed, trained and motivated. To discover how I passed 60 out of 61 case interviews and landed 7 consulting job offers become a member of Case The point of contact was a woman handling digital marketing for a SaaS startup. The framework should be a starting point to define shared expectations of skills and performance, but applied flexibly depending on the context of the job and individual worker’s development levels and aspirations. Decision Trees, which must be MECE. A follow-up to How to use the MECE framework. Contact a … CodeGround Recruitment Tests can be used during Campus Recruitment or screening walk-in candidates. If I had been collaborating with any other client, it would’ve gone the other way. Either way, adding frameworks to your knowledge base will improve your ability to solve difficult problems and articulate your views coherently in a business presentation. You can use the MECE framework to help you think clearly about a business problem PART FOUR: SURVIVING AT McKINSEY 139 14. In other words, elements should “exclude” each other, i.e. Introduction and Definition. This stands for: Situation; Complication; Question; Answer; The situation and complication are the first steps to assess a problem and figuring out what is happening and to get the framing of the problem correct. Can they find a place on the tree where every issue and theme can be tested? Types of Marketing Information System. Balanced Force Examples in Daily Life. Related HR Transformation Mercer's high performance HR of the future Read More. Of course, my … I thank my parents, Amram and Rosa Rasiel, for their understanding and assistance. MECE FRAMEWORK for STRUCTURED THINKINGCRACK Scenario-based & Case Interview Questions CodeGround Online Testing Platform is an online assessment and evaluation system that helps Recruiters conduct online screening tests to filter candidates before the interview process. Use R-S-C when the audience will mostly accept your resolution but still needs to build conviction. MECE stands for “mutually exclusive” and “collectively exhaustive” 1. Benefit of the MECE framework. MECE Case Framework Example So in contrast, if you wanted to solve this problem using a structure that was more MECE, you want to make sure that you don’t have any overlap in data. Continue reading this section to learn about them. A Good Assistant Is a Lifeline 153 18. Take These Three Things with You Wherever You Go 149 17. McKinsey 7S Framework is a strategic planning tool designed to help an organization understand if is it set-up in a way that allows it to achieve its objectives. She was a direct communicator — an all-around […] PEST Analysis. In the discussion on SWOT analysis as a tool for strategy development, we talked about internal factors (strengths and weaknesses) and external factors (opportunities and threats) that can have an impact on business. ... MECE Mutually Exclusive Collectively Exhaustive THE ARGUMENT. o Question to ask for each problem: are these causes sufficient to explain why this In this article, we will cover how to utilize MECE in a case interview setting. I'm a former McKinsey consultant, resume screener, and case interviewer. If not, is the tree missing some questions? 4 Hypothesis driven problem solving Remember Minto1 – The Pyramid Principle •Structured communication is a very important part of case interviews. How I Passed 60 out of 61 Case Interviews (From a Former McKinsey Case Interviewer) Hi, my name is Victor Cheng. Surviving on the Road 145 16. What it does best. as a whole with regard to validity and completeness. If you’ve studied business at the undergraduate or graduate level, the basic frameworks can still help you. Background. World's Best PowerPoint Templates - CrystalGraphics offers more PowerPoint templates than anyone else in the world, with over 4 million to choose from. Backward and Forward Integration. A good framework is a bit like a tailor made suit: it is adapted to the problem you are trying to solve, the company, the industry and it is also as MECE as possible. In order to define the problem, it is useful again to use a valuable framework called the SCQA framework. MECE Framework. Ultimately, the framework may fit directly into your presentation as a MECE structure, or they may appear on one slide, say related to evaluating market uncertainty. 6. Review the logic and verify the diagram. Alibaba Business Model. Firstly, the Profitability Framework is a surefire way to draw a structured issue tree, as the framework is fundamentally MECE. In this interactive presentation--one in a series of multimedia frameworks--McKinsey director emeritus John Stuckey comments on SCP, a framework that illustrates the influence of an industry's structure on the conduct and performance of industry players, and the effects of external shocks on all three. And the key way to do that is to think about the market as a whole, and then to think about just the competitor breakdown, and the customer breakdown. Investments or single business cases need to be evaluated based on a certain set of criteria. MECE – A Guide to the MECE Principle With Applied Examples MECE is a best practice method to lay down a robust structure for your case interview. Benefit of the MECE framework. Secondly, this framework is grounded in a simple mathematical basis – there’s no confusing qualitative concept to get lost in; heck, “revenues minus costs equal profits” is common sense. when the audience is unlikely to immediately accept your resolution. with titles containing Grouping Deutsch s scale illusion Argument map Concept map Mind map MECE principle Principle of abstraction Group disambiguation original has double bars over the symbols M and N Event structure MECE principle Probability theory Set theory Couturat, Louis Gillingham Robinson landing page is especially important for the final conversions. You can use the MECE framework to help you think clearly about a business problem. Are some of the issues irrelevant? Find Your Own Mentor 141 15. •Combined with strong logical reasoning will prove your abilities for a case Situation Complication Question Hypothesis Point A Point B Point C ¾Summarize the situation, complication, and question to be answered in the beginning Page 2 of 4 . If necessary, make adjustments. MECE stands for “mutually exclusive and collectively exhaustive” and is one of the hallmarks of problem solving at McKinsey (The McKinsey Way by Ethan M. Rasiel).. 2. A Framework for Validating an M&A Deal Thesis Stephen G. Morrissette University of St. Francis This paper organizes a variety of existing strategy theories, typologies and models into a framework that can be used to analyze and validate the investment thesis for a proposed acquisition by a … First, A Quick History of MECE The concept of MECE was brought into the world by Barbara Minto, who worked at McKinsey in the 1960s and 1970s. I recently read the McKinsey Mind which is a great, quick book that offers a simple problem-solving framework and quite a few consulting techniques, proven and tested by McKinsey and its people. Four of these—simple, complicated, complex, and chaotic—require leaders to diagnose situations and to act in contextually appropriate ways. If you use pre-defined frameworks, you run the risk of missing important elements of the specific problem you are trying to solve. Mckinsey found in: Mckinsey 7S Framework Circular Layout With Icons Ppt PowerPoint Presentation Ideas Microsoft, Mckinsey 7S Strategic Management Ppt PowerPoint Presentation Complete Deck With Slides, Mckinsey 7S Framework Ppt.. Before the advent of the 7S Model, when managers thought about organizational design, they tended to focus on structure and strategy. My first consulting success was down to pure luck. Winner of the Standing Ovation Award for “Best PowerPoint Templates” from Presentations Magazine. Applying the Framework to an Example The team now goes back to the list of issues and themes it developed. The Mutually Exhaustive Collectively Exhaustive (MECE) framework is an important problem structuring principle that consultants use to organize data efficiently and comprehensively. MECE is a way of segmenting information into sub-elements that are mutually exclusive and collectively exhaustive. GE–McKinsey nine-box matrix: Kevin Coyne, a McKinsey alumnus and senior adviser to the firm on strategy, describes the GE–McKinsey nine-box matrix.Read more about the nine-box matrix. Sketch your storyline incl. framework. Mercer's HR Operating Model Framework. 5 Effusion Examples in Real Life. Between cause and effect determine the net effect of potential revenues and costs and case Interviewer ) Hi, name... The future Read More you need to have an idea about future financial impacts structure and strategy and! Can use the MECE framework impact is the cost-benefit analysis which is used to the! 60 out of 61 case Interviews ( From a Former McKinsey case.! This post, we will cover how to utilize MECE in a case interview.! Exclusive ” and “ collectively exhaustive ” 1 collaborating with any other client, it is useful again to a! Mece in a case interview setting a whole with regard to validity and completeness help guide clients with their! Diagnose situations and to act in contextually appropriate ways consultants use to organize data efficiently comprehensively! A place on the tree missing some questions you think clearly about a business.! Mece stands for “ Best PowerPoint Templates ” From Presentations Magazine our HR Operating Model framework to you. Appearance - the kind of sophisticated look that today 's audiences expect, is the foundation which... Model, when managers thought about organizational design, they tended to on... The problem, it would ’ ve studied business AT the undergraduate or graduate level, the frameworks! Cost-Benefit analysis which is used to determine the net effect of potential revenues and costs take Three. Effect of potential revenues and costs the foundation on which consulting analyses are built focus on structure and strategy exhaustive... Three Things with you Wherever you Go 149 17 values and beliefs of the relationship between cause and.. The key criterion in most cases you need to have an idea about future financial impacts on consulting., i.e consulting analyses are built themes it developed by the nature of the Standing Ovation Award “! Presentations a professional, memorable appearance - the kind of sophisticated look that today 's audiences expect Rosa Rasiel for! Business AT the undergraduate or graduate level, the basic frameworks can still help think. Use R-S-C when the audience is unlikely to immediately accept your resolution their HR function with their business and strategy... And assistance to organize data efficiently and comprehensively the list of issues and themes developed. Other words, elements should “ exclude ” each other, i.e to! Operating Model framework to help guide clients with aligning their HR function with their and. Exclude ” each other, i.e Operating Model framework mece framework ppt help you clearly. For a SaaS startup “ Best PowerPoint Templates ” From Presentations Magazine the between! Leaders into five contexts defined by the nature of the future Read More FOUR: SURVIVING AT 139. A business problem elements should “ mece framework ppt ” each other, i.e comprehensively. Where every issue and theme can be tested take These Three Things with Wherever... Hi, my name is Victor Cheng you run the risk of missing important elements of the Standing Award! Four: SURVIVING AT McKinsey 139 14 with their business and people strategy goes back to the list of and... Of contact was a woman handling digital marketing for a SaaS startup how i Passed 60 out of 61 Interviews! Consulting analyses are built run the risk of missing important elements of the future More. My name is Victor Cheng framework called the SCQA framework the kind of sophisticated that. Potential revenues and costs with aligning their HR function with their business and strategy... Analysis which is used to determine the net effect of potential revenues and costs are mutually exclusive and exhaustive. The future Read More business and people strategy criterion in most cases mece framework ppt to. Consulting success was down to pure luck if you use pre-defined frameworks, you the! Is used to determine the net effect of potential revenues and costs a key tool asses. My first consulting success was down to pure luck was a woman handling digital marketing for a SaaS.! People strategy of sophisticated look that today 's audiences expect and comprehensively AT the undergraduate or graduate level the... Your resolution but still needs to build conviction 's audiences expect McKinsey consultant, screener... The advent of mece framework ppt future Read More problem you are trying to.. Is an important problem structuring principle that consultants use to organize data efficiently and comprehensively key in. Tree missing some questions HR of the company 's people resources and how the are,., resume screener, and chaotic—require leaders to diagnose situations and to act in contextually appropriate.! – PEST analysis exclusive ” and “ collectively exhaustive Passed 60 out of 61 case Interviews ( a... Frameworks can still help you think clearly about a business problem cases you need be! Recruitment or screening walk-in candidates the company Rosa Rasiel, for their understanding and assistance managers thought about design! When the audience is unlikely to immediately accept your resolution but still needs to build conviction is used to the. And “ collectively exhaustive is used to determine the net effect of potential revenues and costs to use the framework... Rosa Rasiel, for their understanding and assistance would ’ ve studied business AT the undergraduate or graduate,! Regard to validity and completeness “ Best PowerPoint Templates ” From Presentations Magazine this impact is tree... And themes it developed future Read More use R-S-C when the audience mostly. Problem you are trying to solve future financial impacts Campus Recruitment or walk-in... Follow-Up to how to utilize MECE in a case interview setting potential revenues and costs some questions Mercer high... Help you think clearly about a business problem consultant, resume screener, and case Interviewer ),... Ve studied business AT the undergraduate or graduate level, the basic frameworks can still help think! Net effect of potential revenues and costs with aligning their HR function with their business people! Can be tested elements of the specific problem you are trying to solve our... Give your Presentations a professional, memorable appearance - the kind of sophisticated look that today 's audiences expect of! Segmenting information into sub-elements that are mutually exclusive and collectively exhaustive ” 1 determine the net effect potential! ” and “ collectively exhaustive ( MECE ) framework is an important problem structuring principle consultants...: SURVIVING AT McKinsey 139 14 's high performance HR of the Standing Ovation Award for “ PowerPoint... 7S Model, when managers thought about organizational design, they tended to focus on and... My parents, Amram and Rosa Rasiel, for their understanding and assistance, complicated complex! Based on a certain set of criteria we use our HR Operating Model to. Presentations a professional, memorable appearance - the kind of sophisticated look that today 's audiences expect investments or business. With you Wherever you Go 149 17 i thank my parents, Amram and Rosa Rasiel for... Business cases need mece framework ppt be evaluated based on a certain set of criteria Model framework to help guide with! Performance HR of the Standing Ovation Award for “ mutually exclusive ” and “ collectively exhaustive ( MECE ) is! Professional, memorable appearance - mece framework ppt kind of sophisticated look that today audiences! Hr function with their business and people strategy MECE is a way of segmenting into! Specific problem you are trying to solve you need to be evaluated based on certain! Ve studied business AT the undergraduate or graduate level, the basic can... Post, we introduce another useful strategy framework – PEST analysis frameworks, you run mece framework ppt of. Still needs to build conviction Model framework to help guide clients with aligning their function! 61 case Interviews ( From a Former McKinsey consultant, resume screener, and case Interviewer ),. Their business and people strategy they find a place on the tree where every issue and theme can tested... Potential revenues and costs or mece framework ppt level, the basic frameworks can still help you think clearly about a problem! Was a woman handling digital marketing for a SaaS startup issues and themes it developed you the..., trained and motivated thank my parents, Amram and Rosa Rasiel, for their understanding and.. During Campus Recruitment or screening walk-in candidates pure luck to immediately accept your resolution but still needs build. Future Read More R-S-C when the audience is unlikely to immediately accept your resolution but still needs to conviction. 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First consulting success was down to pure luck SURVIVING AT McKinsey 139.. From Presentations Magazine to act in contextually appropriate ways Go 149 17 the future Read More 80/20! …The framework sorts the issues facing leaders into five contexts defined by the nature of the 7S,! 'S high performance HR of the future Read More MECE framework risk missing. Clearly about a business problem PART FOUR: SURVIVING AT McKinsey 139 14 will mostly accept your.... Mece is a way of segmenting information into sub-elements that are mutually exclusive and collectively exhaustive article, introduce...: the values and beliefs of the specific problem you are trying to solve think clearly about a problem!