6-Step McKinsey Problem Solving

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  • Define the problem and keep digging until you’re confident you’re not distracted by a symptom.
  • If you’ve defined the problem correctly, then you take an ambiguous environment and we stand in the same place.
  • Defining hypotheses based on your problem statement then allows you to do bottom-up research that confirms or denies those hypotheses
  • Slide Tips
    • Title: The title of the slide should be the key insight or takeaway and the slide area should prove the point
    • Make sure all text within your slide body is the same font size (harder than you would think)
    • Do not go outside of the margins into the white space on the side
    • All titles throughout the presentation should be 2 lines or less and stay the same font size
    • Each slide should typically only make one strong point
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  • points listed cover the entire range of ideas while also being unique and differentiated from each other
    • Example:
      • Goal: Increase profitability
        • 2nd level: We can increase revenue or decrease costs
          • 3rd level: We can increase revenue by selling more or increasing prices
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6-Step McKinsey Problem Solving