At McKinsey, we charged $400k+ per presentation.

Here’s the simple 7-step framework we used (steal it for free)🧵:

McKinsey is paid to solve complex problems.

They created a process that helps find solutions:

The Hypothesis-Driven Framework.

Let’s dive in.👇
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:
• What are the causes?
• How often does it happen?
• 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:

“Based on initial facts, what do I believe is causing this?”

That’s 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
Understand the Big Picture.

You’ve analyzed 20 micro problems.

Now “zoom-out” again. Take a look at the big picture.

• What’s causing the main problem?
• How can this be fixed?

Summarize into one clear recommendation

Now you are ready to present.
Set the Stage.

People don’t know how you came up with your recommendation.

The S.P.Q.A. framework helps set the stage:

• Situation: what’s the problem?
• Problem: why is this a problem?
• Question: client’s main question
• Answer: what do you recommend

Example:
Convince the Stakeholders

Persuasive presentations allow McKinsey to charge what they do.

They use the Pyramid Principle:
• Re-state the recommendation
• Show supporting arguments
• Finish with evidence

The resulting “pyramid” will be easy to understand and hard to dispute
Make the Impact Clear

Explain how the problem will go away after you implement the solution:

• Whats the step-by-step solution plan?
• What will the outcome look like?
• What steps can be taken for extra impact?

That's how you persuade the client AND upsell new engagements.
TL:DR

Use this 7-step McKinsey framework to solve any problem:

• Gather Facts
• Build an Issue Tree
• Make the Impact Clear
• Set the Stage with SPQA
• Understand the Big Picture
• Formulate an Initial Hypothesis
• Persuade with Pyramid Principle

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The first ever world map was sketched thousands of years ago by Indian saint
“Ramanujacharya” who simply translated the following verse from Mahabharat and gave the world its real face

In Mahabharat,it is described how 'Maharishi Ved Vyasa' gave away his divine vision to Sanjay


Dhritarashtra's charioteer so that he could describe him the events of the upcoming war.

But, even before questions of war could begin, Dhritarashtra asked him to describe how the world looks like from space.

This is how he described the face of the world:

सुदर्शनं प्रवक्ष्यामि द्वीपं तु कुरुनन्दन। परिमण्डलो महाराज द्वीपोऽसौ चक्रसंस्थितः॥
यथा हि पुरुषः पश्येदादर्शे मुखमात्मनः। एवं सुदर्शनद्वीपो दृश्यते चन्द्रमण्डले॥ द्विरंशे पिप्पलस्तत्र द्विरंशे च शशो महान्।

—वेद व्यास, भीष्म पर्व, महाभारत


Meaning:-

हे कुरुनन्दन ! सुदर्शन नामक यह द्वीप चक्र की भाँति गोलाकार स्थित है, जैसे पुरुष दर्पण में अपना मुख देखता है, उसी प्रकार यह द्वीप चन्द्रमण्डल में दिखायी देता है। इसके दो अंशो मे पीपल और दो अंशो मे विशाल शश (खरगोश) दिखायी देता है।


Meaning: "Just like a man sees his face in the mirror, so does the Earth appears in the Universe. In the first part you see leaves of the Peepal Tree, and in the next part you see a Rabbit."

Based on this shloka, Saint Ramanujacharya sketched out the map, but the world laughed
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This course is for anyone out there who is confused, frustrated, and just wants this python/finance thing to work!

In Module 1 of this Nano course, we will learn about :

# Using Google Colab
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# Using Google Colab

Intro link is here on YT: https://t.co/MqMSDBaQri

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# Importing Libraries

Imports are pretty standard, with a few exceptions.
For the most part, you can import your libraries by running the import.
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