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Forming a coherent hypothesis is an instrumental tool when analyzing and addressing any business problem. It is a common approach used by management consultants. When evaluating any new, abstract business problem, it is wise to begin by forming an hypothesis related to the problem.
A popular consulting framework for forming a hypothesis is PRICE. PRICE is used by strategy consulting firms like McKinsey, Bain, and BCG. It can be used to test a hypothesis, determine if the hypothesis is valid, and answer questions, like, Does the hypothesis make sense? Should it be discarded? Should it be reworded?
This document explains the PRICE framework and provides template slides to be used in your own presentations.
Got a question about the product? Email us at [email protected] or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Hypothesis Generation PowerPoint Slides: PRICE Hypothesis Generation Framework PowerPoint (PPT) Presentation, PPT Lab
ABOUT THE AUTHOR: PPT LAB
PPT Lab is a presentation design firm specializing in business frameworks and PowerPoint templates. All of our documents are of the same quality produced by top-tier consulting firms and utilize the Consulting Presentation Framework.
Our documents are available exclusively on Flevy.
This business document is categorized under the function(s): Operations Strategy, Marketing, & Sales
It applies to Management Consulting
File Type: PowerPoint (ppt)
File Size: 477 KB
Number of Slides: 15 (includes cover, transition, & marketing slides)
Related Topic(s): Hypothesis Generation
Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.
Initial upload date (first version): Aug 31, 2013
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