Categories
Frameworks

Solving Problems with the Hypothesis-based Approach

There are generally two main approaches to solving problems in consulting, namely the: Investigative / data-based approach, and Hypothesis-based approach. The investigative approach is appropriate when the opportunity is well-defined, repetitive, and standardized, or where the solution is clear from the beginning. Progress is made by employing technical and subject matter expertise to drive towards […]

Categories
Innovation

The Innovator Inside: How to Overcome Institutional Inertia

As technology changes the business environment at an increasing rate, established companies have become increasingly innovative. Despite their best efforts, however, large companies are often unable to keep up with technological change due to bureaucracy, legacy systems, pre-existing business models, institutional inertia, and financial constraints. The purpose of this article is to suggest five habits […]

Categories
B-School / Consulting Clubs

Completing Graduate School Like a Consultant

Whether you are studying for your MBA, Ph.D., or J.D., graduate school is an incredible opportunity to learn as much as you can. You might be completing case studies, conducting experiments, and writing lengthy legal reports, all of which will prepare you for your career. As someone who recently completed graduate school and began a […]