Adam Bede

    (W2) MECE

    MECE

    • Why use it?
      • Simplify your ideas (do we understand enough to simplify?)
      • Get logic at the right level (fruit, banana example)
      • Quickly test idea (MVP feedback for direction check)
      • Find holes in the story (CE based on what? If we can’t answer that then we’re likely missing something)
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    Simply ask:

    1. Is there a clear way to organize? If so, what’s the organizing question/principle?
      1. Is something higher or lower level of abstraction?
    2. What’s missing?
      1. What could be left out? An exception? Could something be a hybrid?

    “Other” - Abstract higher to understand what a higher-level description of your categories could be

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    Specify the question: (Specificity gives you access)

    • Too broad: “What can our company do to improve”
    • More specific: “How can the company improve its conversion rates on product x”

    If you have categories, strive to define them w/ clear definitions/metrics such that you can distinguish

    • Importantly, the question drives the clarity
      • Can the client profitably enter this market?
      • Can the client earn back the investment they must make to enter the market in 2 years?
      • Can the client cut costs by $x million dollars?
      • Can the client increase revenues by 10%?
    • Revenue = Price x unit volume l Costs = fixed + variable
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    Other MECE resources:

    • https://managementconsulted.com/what-is-mece/
    • https://www.hackingthecaseinterview.com/pages/mece
    • https://mconsultingprep.com/case-interview-mece
    • https://careerinconsulting.com/mece-principle/
    • https://mconsultingprep.com/case-interview-mece#basic-rules
    • https://www.mbacrystalball.com/blog/strategy/mece-framework/