Management Consulting Approach to Problem Solving

Management Consulting Approach to Problem Solving, available at $89.99, has an average rating of 4.54, with 186 lectures, based on 6898 reviews, and has 23787 subscribers.

You will learn about Make better decisions on the basis of data Analyze fast problems in your private life and business Master management consulting tools, techniques and frameworks Apply the right elements from your management consulting toolbox Find fast potential improvements your life and achieve your goals Calculate in Excel the impact of your decision on your life This course is ideal for individuals who are Students interested in making better decisions based on data or Students that are considering becoming management consultants or Management Consultants or Business Analysts or Small and medium business owners or Startups founders or Managers It is particularly useful for Students interested in making better decisions based on data or Students that are considering becoming management consultants or Management Consultants or Business Analysts or Small and medium business owners or Startups founders or Managers.

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Summary

Title: Management Consulting Approach to Problem Solving

Price: $89.99

Average Rating: 4.54

Number of Lectures: 186

Number of Published Lectures: 162

Number of Curriculum Items: 186

Number of Published Curriculum Objects: 162

Original Price: $189.99

Quality Status: approved

Status: Live

What You Will Learn

Make better decisions on the basis of data
Analyze fast problems in your private life and business
Master management consulting tools, techniques and frameworks
Apply the right elements from your management consulting toolbox
Find fast potential improvements your life and achieve your goals
Calculate in Excel the impact of your decision on your life

Who Should Attend

Students interested in making better decisions based on data
Students that are considering becoming management consultants
Management Consultants
Business Analysts
Small and medium business owners
Startups founders
Managers

Target Audiences

Students interested in making better decisions based on data
Students that are considering becoming management consultants
Management Consultants
Business Analysts
Small and medium business owners
Startups founders
Managers

What is the aim of this course?

Time and again you will come across problems that are seemingly unsolvable. In many cases, you don’t even know how to approach them. Luckily, there are a lot of nice management consulting tools, techniques, and frameworks that will help you solve everyday problems. You don’t have to go to a top consulting firm to master them. You can master them by taking my course.

This course will help you drastically improve your skills in solving problems using management consulting tools, techniques, and frameworks. In this course, we will mainly concentrate on solving real-life problems like goal setting and defining what and when to do, estimating the cost of a wedding, losing weight and getting in shape, deciding whether to do an MBA or not, choosing the right boyfriend/girlfriend, deciding whether you should buy a car or not, deciding when to retire and many more. If you have a specific problem just let me know and I will give you tips on how to solve it using the tools presented in this course.

The course is designed for people who want to become more data-driven and less emotional in the way they solve problems and make decisions. Thanks to the course you will be making better decisions and solving problems that have seemed so far unsolvable. In the course you will learn 3 things:

What consulting techniques, tools, and frameworks there are
When to apply each and every one of them
How to use them in practiceincluding examples of how to calculate specific things in Excel

This course is based on my 15 years of experience as a consultant in top consulting firms and as a Board Member responsible for strategy, performance improvement, and turn-arounds in the biggest firms from Retail, FMCG, SMG, B2B, and services sectors that I worked for. I have carried out or supervised over 90 different performance improvement projects in different industries that generated a total of 2 billion of additional EBITDA. On the basis of what you will find in this course, I have trained in person over 100 consultants, business analysts, and managers who now are Partners in PE and VC funds, Investment Directors and Business Analysts in PE and VC, Operational Directors, COO, CRO, CEO, Directors in Consulting Companies, Board Members, etc. On top of that my courses on Udemy were already taken by more than 224 000 students including people working in EY, Walmart, Booz Allen Hamilton, Adidas, Naspers, Alvarez & Marsal, PwC, Dell, Walgreens, Orange, and many others.

I teach through case studies, so you will have a lot of lectures showing examples of analyses, and tools that we use. To every lecture, you will find attached (in additional resources) the Excels as well as additional presentations, and materials shown in the lectures so as a part of this course you will also get a library of ready-made analyses that can, with certain modifications, be applied by you or your team in your work.

Why did I decide to create this course?

Management consulting has been very creative and has produced or popularized the application of many tools, techniques, and frameworks that can be used to improve not only your business but also your private life. By putting those tools and techniques in one course and explaining them using real-life examples related to everyday life, I wanted to make this knowledge available to everybody who wants to make better decisions, especially students who are considering joining Management Consulting firms as well as managers that simply need to expand their toolbox with few useful tools.

Things you will find in this course will improve your awareness and skills in analyzing problems that you will be facing in your private life as well as in business. Thanks to this course, you will know what tools, techniques, or frameworks to use and how to use them in practice.

To sum it up, I believe that if you want to make better decisions and solve faster problems in your private life you should master the techniques presented in this course. That is why I highly recommend this course not only to consultants or business analysts who have to advise their customers but also to everybody who wants to make better decisions in his or her life.

In what way will you benefit from this course?

The course is a practical, step-by-step guide loaded with tons of analyses, tricks, and hints that will significantly improve the speed and efficiency with which you solve problems and make decisions. There is little theory – mainly examples, a lot of tips from my own experience as well as other notable examples worth mentioning. Our intention is that thanks to the course you will learn:

What management consulting tools, techniques, and frameworks are available
How to use them in practice to solve problems and make better decisions
How to make decisions and solve problemsusing available information/data

You can also ask me any question either through the discussion field or by messaging me directly on Udemy.

How the course is organized?

The course is divided into the find the following sections:

Introduction.We begin with a little intro to the course
Basic tools, techniques, and frameworks used by management consultants.In the second section, I will discuss the main tools that you can use to analyze and solve problems in real life. We will talk about things like issue trees, bottom-up approaches, top-down approaches, backward reasoning, the 80/20 rule, benchmarking, cost drivers, opportunity trees, and many, many more
Intermediate tools, techniques, and frameworks used by management consultants.In this section, I will discuss more advanced techniques such as rankings, scenario analysis, representative element analysis, decision tree, OEE, OLE, the Theory of Constraints, Critical Chain, and many, many more
Advanced tools, techniques, and frameworks used by management consultants.In this section, I will discuss further more advanced techniques such as simulation analysis, decomposition analysis, feasibility analysis, and sensitivity analysis

You will be able also to download many additional resources

Excels with analyses shown in the course
Presentation of slides shown in the course
Links to additional presentations and movies
Links to books worth reading

At the end of my course, students will be able to…

Make better decisions
Analyze fast problems in your private life and business
Master management consulting tools, techniques, and frameworks
Apply the right elements from your management consulting toolbox
Find fast potential improvements in your life and achieve your goals
Prepare you to move on to intermediate-level management consulting training
Calculate in Excel the impact of your decision on your life

Who should take this course? Who should not?

People interested in making better decisions based on data
Students who are considering becoming management consultants
Management Consultants
Business Analysts
Small and medium business owners
Startups founders
Managers

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: A little bit about me

Lecture 3: How this course will be organized?

Lecture 4: How to deal with Blurry image

Lecture 5: How to reach additional resources

Lecture 6: How to find information and ask questions

Lecture 7: Why we have decided to create this course

Chapter 2: Basic tools – Part 1

Lecture 1: Basic tools – Introduction

Lecture 2: Bottom-up approach

Lecture 3: What you can use the bottom-up approach

Lecture 4: Estimating the costs of a wedding – Case Introduction

Lecture 5: Estimating the costs of a wedding – Partial Solution

Lecture 6: Estimating the costs of a wedding – Excel Part 1

Lecture 7: Estimating the costs of a wedding – Excel Part 2

Lecture 8: Top-down approach

Lecture 9: Average salaries in other department – Case Introduction

Lecture 10: Average salaries in other department – Solution

Lecture 11: Average salaries in other department – Excel Basic

Lecture 12: Average salaries in other department – Excel Go Seek function

Lecture 13: Top-down approach used in Business

Lecture 14: Chicken Producer – Top-down approach – Introduction

Lecture 15: Chicken Producer – Top-down approach – Tips how to do it

Lecture 16: Chicken Producer – Top-down approach – Solution

Lecture 17: Backward logic

Lecture 18: When can I retire – Introduction

Lecture 19: When can I retire – No passive income – Excel Basic

Lecture 20: When can I retire – No passive income – Go seek function

Lecture 21: When can I retire – With passive income

Lecture 22: Backward logic based decisions – Case Introduction

Lecture 23: Backward logic based decisions – Solution

Lecture 24: Backward logic based decisions – When it makes sense to use it

Lecture 25: Compounded effect

Lecture 26: Reading skills – Introduction

Lecture 27: Reading skills – End year

Lecture 28: Reading skills – By weeks result

Lecture 29: Issue tree – Introduction

Lecture 30: Issue tree – Overview of case studies

Lecture 31: Issue tree – Logistics

Lecture 32: Issue tree – Retail

Lecture 33: Issue tree example for a FMCG firm

Lecture 34: Issue tree for John's flat – Introduction

Lecture 35: Issue tree for John's flat – Solution

Lecture 36: Priorities

Lecture 37: Benchmarks – external and internal

Lecture 38: 80/20 rule in practice

Chapter 3: Basic tools – Part 2

Lecture 1: Low hanging fruits

Lecture 2: Low hanging fruits used in Business

Lecture 3: Quick wins for cost reduction

Lecture 4: Quick wins for cost reduction – Remarks on Pontetial Savings

Lecture 5: Quick wins in Drugstore – Case Introduction

Lecture 6: Quick wins in Drugstore – Cost Structure

Lecture 7: Quick wins in Drugstore – Cost Reduction

Lecture 8: Quick wins in Drugstore – Summary

Lecture 9: Set SMART goals

Lecture 10: KPIs and business drivers – Introduction

Lecture 11: KPIs for cinema – case to be solved

Lecture 12: KPIs for cinema – solution

Lecture 13: KPIs for cinema – Excel

Lecture 14: KPIs for cinema – Power Point

Lecture 15: KPIs for marketplace – Problem

Lecture 16: KPIs for marketplace – Solution

Lecture 17: KPIs for marketplace – Alternative Solution

Lecture 18: KPIs for SaaS – Problem

Lecture 19: Examples of SaaS businesses

Lecture 20: KPIs for SaaS – Solution

Lecture 21: Personal KPIs – Introduction

Lecture 22: Personal KPIs – Solution Part 1

Lecture 23: Personal KPIs – Solution Part 2

Lecture 24: Opportunity Tree

Lecture 25: Cost drivers

Lecture 26: Total cost of ownership

Lecture 27: Rent or buy a house – Introduction

Lecture 28: Rent or buy a house – Rentig cost

Lecture 29: Rent or buy a house – The loan

Lecture 30: Rent or buy a house – Buying the apartment

Lecture 31: Rent or buy a house – Comparison

Lecture 32: Basic tools – Summary

Chapter 4: Make-or-buy analysis

Lecture 1: Make it or buy it – Introduction

Lecture 2: Delegating some work to others – Case Introduction

Lecture 3: Delegating some work to others – Analysis of activities

Lecture 4: Delegating some work to others – Summary

Lecture 5: Make-or-buy courses – Case Introduction

Lecture 6: Make-or-buy courses – Make Option

Lecture 7: Make-or-buy courses – Buy Option

Lecture 8: Make-or-buy courses – Comparison

Lecture 9: Make it or buy it – When to make even if it is more expensive

Chapter 5: Intermediate tools

Lecture 1: Intermediate tools – Introduction

Lecture 2: Rankings – Introduction

Lecture 3: Rankings – Case studies

Lecture 4: How to expand the brand – Introduction

Lecture 5: How to expand the brand – Solution – Part 1

Lecture 6: How to expand the brand – Solution – Part 2

Lecture 7: Rankings used to select the potential targets for M&A

Lecture 8: Milk Producer – Selecting Targets – Case Introduction

Lecture 9: Milk Producer – Selecting Targets – Available Data

Instructors

Asen Gyczew
Expert in performance improvement, turnaround and startups

Rating Distribution

1 stars: 59 votes
2 stars: 101 votes
3 stars: 676 votes
4 stars: 2543 votes
5 stars: 3525 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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