At McKinsey, we charged $400k+ per presentation.
Hereโs the simple 7-step framework we used (steal it for free)๐งต:
McKinsey is paid to solve complex problems.
They created a process that helps find solutions:
The Hypothesis-Driven Framework.
Letโs dive in.๐
Start by Gathering Facts.
Most people skip this step. That's a huge mistake.
Take a few hours to understand the problem. Talk to a couple of experts.
Ask:
โขย What are the causes?
โขย How often does it happen?
โข How solutions have you tried?
Now you're ready to start solving.
Generate an Initial Hypothesis.
Problems remain unsolved when people look for a solution without direction.
Ask yourself:
โBased on initial facts, what do I believe is causing this?โ
Thatโs your Initial Hypothesis.
Build an Issue Tree
Solving one big problem is hard. Solving 20 small problems is easy.
Break the issue down into its smallest components:
1: Profits are down
1.1: Revenue is down
1.1.1: 30% of our clients moved to our cheap product
1:1.1.1: That product was recently upgraded