Tom Spencer

JUNE 21, 2021

Figure: Pyramid Principle, Barbara Minto: “MECE: I invented it, so I get to say how to pronounce it” (Source: McKinsey ). With inductive reasoning, each of your arguments should be MECE : Mutually exclusive – they each cover different aspects to support your main argument, and.

McKinsey 88

McKinsey Construction Trends Industry 88

Steve Shu Consulting

NOVEMBER 19, 2017

One classic book in consulting relative to communications is “The Pyramid Principle” by Barbara Minto (also ex-McKinsey).

Strategy 150

Strategy Strategy Strategy& Handbook 150

Tom Spencer

AUGUST 17, 2019

This means categorizing your response into buckets, staying MECE (mutually exclusive, collectively exhaustive), sign-posting, and directly addressing the objective/question at hand. Always be organised and MECE in your thoughts and explanations. To resolve “c” I did z. This is the Real World.

Case Interview 60

Case Interview Interviews Consulting Financial 60

Tom Spencer

JUNE 13, 2021

Apply MECE. Develop MECE segments with specific attitudinal, behavioral, and demographic characteristics. The driver tree is also frequently used to show clients the logic of a complicated formula, e.g. market sizing. More often used as a backup or appendix. Keep it simple and readable. Always distill consumer research findings.

Benchmarking 88

Benchmarking Case Interview Groups Analysis 88

Tom Spencer

JUNE 23, 2023

Only include drivers that have high potential value, are worth exploring, and are described in a way that is MECE (i.e., Drivers are things that impact the problem you are trying to solve and can be formulated in four different ways: Engaging in a group exercise (e.g., mind mapping) Adopting different lenses to look at the problem (e.g.,

Analysis 78

Analysis Data Development Consulting 78

Tom Spencer

FEBRUARY 27, 2013

Previous post: MECE Framework. They were voted ‘Best management consultancy’ by clients in the 2012 BRW Client Choice Awards. Made you smile? If you enjoyed this post, get email updates (its free). Leave a Comment Now. Leave a Comment. Next post: Sustainable Social Enterprise. Graduate Consulting Group. Categories.

Consulting 98

Consulting Case Interview Video Enterprise 98

Epicflow

NOVEMBER 24, 2022

Follow the MECE principle . MECE stands for “mutually exclusive” and “collectively exhaustive”. This rule is applicable at all levels of the WBS hierarchy: the total amount of work at the ‘‘child’’ level of the structure must equal 100% of the work represented by the ‘‘parent’’ level.

Resources 52

Resources Development Tools Software 52

Tom Spencer

JANUARY 25, 2013

Next post: MECE Framework. How are you using word of mouth to promote your brand? If you enjoyed this post, get email updates (its free). Leave a Comment Now. Leave a Comment. Previous post: Know Your Outcome. Get Email Updates (It’s Free). -- Australia’s premier consulting blog. Graduate Consulting Group. Categories. Select Category.

Marketing 103

Marketing Case Interview Interviews Consulting 103

Management Consulted

MARCH 13, 2016

Central to his analysis is the incorporation of MECE , meaning the content of each section of your issue tree should be mutually exclusive as well as collectively exhaustive. Don’t think you’ve got a worthy issue tree without implementing the MECE principle in to each of your sections.

Case Interview 100

Case Interview Interviews McKinsey Cover Letters 100

Steve Shu Consulting

JUNE 15, 2011

Structured Problem-Solving Skills and Industry Knowledge – Facility with structured approaches may be developed by learning key frameworks such the popularized McKinsey MECE approach (see here [link] ).

Consulting 337

Consulting Development Analysis Leadership 337

Killer Consultant

JANUARY 16, 2017

Be sure to be MECE. Structure your presentation: Again, MECE! You don’t have to name them, just use their structure if it fits your analysis. Work through it until you have a finding/ result/ recommendation. Have someone smart challenge you and try to find faults with your arguments. Make sure to tell a coherent story.

Case Interview 40

Case Interview Case Studies Case Study Study 40

CaseInterview.com

JUNE 24, 2019

Instead of matching questions to frameworks, I recommend developing a MECE issue tree and inserting on it customized and carefully selected frameworks as you structure the case (you can also draw small frameworks as you move on the case analysis). So, let's go to the ideal script itself (that I actually practiced before the cases).

Case Interview 40

Case Interview Bain Interviews Industry 40

Tom Spencer

MARCH 9, 2019

This is why you want to bucket the areas you’d like to explore and think in a MECE (mutually exclusive, collectively exhaustive) way. They want to see if you can structure your thoughts, and articulate how you’d approach a solution. While none of the math will be Ph.D-level

Interviews 110

Interviews Case Interview Consulting ROI 110

Tom Spencer

APRIL 15, 2022

The three most general elements are being hypothesis driven, thinking mutually exclusive, collectively exhaustive (MECE), and having the flexibility to apply frameworks to structure problems and recommendations.

Strategy 88

Strategy Strategy Strategy& Financial 88

Tom Spencer

JANUARY 20, 2018

Be MECE (mutually exclusive, collectively exhaustive). Then take a minute or so to draw the structure: Two levels of structure – broad buckets (e.g. customers, competition, company) and sub buckets. Draw out a tree diagram rather than bullet points. Customize the structure to the case, don’t overuse existing frameworks.

Case Interview 79

Case Interview Interviews Analysis Data 79

CaseInterview.com

SEPTEMBER 19, 2018

Notice how the two categories are MECE. The key to “winning” any argument is to recognize that some arguments not only can’t be won, but shouldn’t be “won.”. Arguments take place in one of two contexts: Unimportant Relationship. Important Relationship. I couldn’t help myself.).

Emotional Intelligence 67

Emotional Intelligence How To Case Interview Development 67

CaseInterview.com

SEPTEMBER 9, 2019

I'm making this up, of course, and it's not very MECE , but hopefully, you get the overall idea. So maybe x, y, and z are "1) client can't afford to not play in the fastest-growing market segment, 2) it's cheaper to buy than to build, 3) if we don't buy, a competitor will, and then we're really in trouble." Additional Resources.

Case Interview 45

Case Interview Interviews Analysis Resources 45

CaseInterview.com

JULY 29, 2019

If the group consists of people who meander analytically -- can't form a hypothesis , can't come up with an issue tree , can't come up with MECE issue tree, can't figure out what data would be needed to test a hypothesis -- then take the lead and help the rest of the team through the process. The goal is to help the group succeed.

Deloitte 45

Deloitte Interviews Case Interview Comparison 45

Tom Spencer

FEBRUARY 29, 2020

With the same principles applied, you should always try to be as MECE and structured as possible. Structuring the delivery. As with anything regarding case interviews, being structured is key to securing an offer from the firms.

Case Interview 88

Case Interview Interviews How To Data 88

Tom Spencer

MAY 26, 2018

It may form part of your thinking when breaking down a problem using a MECE tree diagram or used when drilling into upstream suppliers and downstream distributors. Candidates often use the Value Chain Framework without being aware of it.

Case Interview 68

Case Interview Interviews Analysis Productivity 68

Tom Spencer

SEPTEMBER 21, 2011

I personally think that dividing a problem or subject into three parts gives you some sort of MECE. There’s a military saying that states that “In The army, everything divides into three parts”, and i’m far from being a U.S Mrine, so it’s probably common in any military force. Leave a Comment.

Consulting 111

Consulting Case Interview Groups Interviews 111

Killer Consultant

MAY 27, 2012

It is not MECE. This has kept me quite busy for sure – but I still got a big heart for the KillerConsultant, and it is far from done. Oh no – as I see it, we are just getting started! The first new thing is the (Killer) Consultants’ Manifesto. It is a draft, a first outline. It is exaggerating. It is not politically correct.

Media 45

Media Consulting Course Industry 45

Tom Spencer

NOVEMBER 3, 2018

In addition, collaboration on implementation cases is critical because unlike a MECE strategy analysis at some point the rubber will hit the road and teams need to cooperate to ship product or launch services or make process changes. strategy -> implementation), the need for flawless collaboration goes up. What do we mean by drive?

Interviews 60

Interviews Case Interview Consulting Leadership 60

Killer Consultant

MAY 27, 2012

It is not MECE. This has kept me quite busy for sure – but I still got a big heart for the KillerConsultant, and it is far from done. Oh no – as I see it, we are just getting started! The first new thing is the (Killer) Consultants’ Manifesto. It is a draft, a first outline. It is exaggerating. It is not politically correct.

Media 40

Media Consulting Course Industry 40

CaseInterview.com

JUNE 24, 2019

Your 'Business Situation Framework' was excellent in that it provided me with a strong foundation upon which to build customized MECE buckets tailored to each case I was presented. A friend recommended I take a look at caseinterview.com, and I have thanked him ever since!

Bain 40

Bain McKinsey Case Interview Interviews 40

Tom Spencer

MAY 22, 2016

MECE: Pronounced “me see”, and stands for “mutually exclusive, collectively exhaustive”. By picking the low hanging fruit first, consultants can demonstrate quick results, which can boost client confidence in the project and help build initial momentum. Lots of moving parts: Complex. MBB: McKinsey, Bain and BCG.

Consulting 68

Consulting McKinsey Bain B2C 68

CaseInterview.com

OCTOBER 31, 2019

I like that you balance avoiding "hard and fast" rules, but also provide very MECE As an industry hire, I had very few resources to get direct, comprehensive guidance from those with case interview experience - your stuff was essentially my platform to get started - and that it's available for free, is a gift.

McKinsey 40

McKinsey Case Interview Interviews Cover Letters 40

Tom Spencer

FEBRUARY 1, 2015

MECE: Pronounced “me see”, and stands for “mutually exclusive, collectively exhaustive”. By picking the low hanging fruit first, consultants can demonstrate quick results, which can boost confidence in the project and help build initial momentum. Lots of moving parts: Complex. Managing upwards: Providing feedback to more senior employees.

Consulting 60

Consulting McKinsey Bain B2C 60

CaseInterview.com

FEBRUARY 1, 2020

The MECE Test. MECE is a principle used by management consulting firms to describe a way of organizing information. The MECE principle suggests that, to understand and fix any large problem, you need to understand your options by sorting them into categories that are: Mutually Exclusive – Items can only fit into one category at a time.

Case Interview 59

Case Interview Interviews McKinsey Sales 59

CaseInterview.com

SEPTEMBER 9, 2019

My answer is not MECE and should it be MECE? And, in answer to your question about being MECE, out of habit, I try to be MECE whenever possible. If you're doing a candidate-led case, you want to be MECE or pretty close to it. Is there a preference in structure? Additional Resources.

Case Interview 45

Case Interview Interviews McKinsey Trends 45

Tom Spencer

NOVEMBER 30, 2019

Concepts like the MECE rule are elaborations of the fundamental logical principles which underpin any kind of rigorous thought. Thus, you will spend time ingraining key concepts like the MECE principle , honing your mental math and learning fundamental economics, finance and accounting ideas.

Case Interview 78

Case Interview Interviews Consulting Case Study 78

CaseInterview.com

JUNE 24, 2019

using a MECE approach to structure your issue tree. For example, instead of coming up with all the ways you can think of to reduce delinquency risk, you want to think of the categories of risks that contribute to late payments, and then you want to make sure your categories are MECE. Is your issue tree somewhat MECE?).

Interviews 45

Interviews Case Interview McKinsey Bain 45

CaseInterview.com

AUGUST 15, 2019

The MECE Test. MECE is a principle used by management consulting firms to describe a way of organizing information. The MECE principle suggests that to understand and fix any large problem, you need to understand your options by sorting them into categories that are: Mutually Exclusive – Items can only fit into one category at a time.

Case Interview 45

Case Interview Interviews Data Sales 45

CaseInterview.com

DECEMBER 11, 2019

it's not only not MECE (you forgot that artistic processes are thought to be intuitive by nature. and before you give artistic advice, I sincerely urge you to have proven to the world and yourself that you can write a song. so please think before you write…. read more philosophy please) it's wrong! I guarantee you. get on with it!

Case Interview 64

Case Interview How To Interviews McKinsey 64

Management Consulted

FEBRUARY 4, 2019

Consulting Firms: Networking the Non-Sleazy Way Consulting firms are famous black boxes with armies of Brooks Brother adorned management consultants that are unapproachable. The thought of consulting firms networking can seem like a pretty daunting task. In fact, after “case … Continue Reading.

Consulting 100

Consulting Management Case Interview McKinsey 100

CaseInterview.com

SEPTEMBER 10, 2019

and if I were looking to be " MECE " - I would add 4) "Other" Stuff). If I were to create an issue tree to structure my answer to this question, here is how I would structure it. Level 1: Outward Appearance of Nervousness. Level 2: 1) Technical Stuff 2) Mental Stuff 3) Physical Stuff. 1) The first one is technical competence.

Case Interview 58

Case Interview Interviews Video Consulting 58

CaseInterview.com

JUNE 11, 2019

Student Question: Recently I came across a book called 'The Minto Pyramid' , you might know this book, by Barbara Minto, ex-McKinsey. Would you recommend me to use MINTO principle??? This way I can show the interviewer I am 100% hypothesis driven and I don't ask any irrelevant data.

Case Interview 49

Case Interview McKinsey Interviews Airlines 49