This document provides a practical guide to structured problem solving. It will help you solve strategic problems that your business face. The document provides a framework that has been tested for many years at a top tier consulting firm and investment bank. There are numerous examples given to enable better understanding of the concepts.
The document is structured as follow:
• The framework
• Issue trees
• Answer first
• Critical analyses
• Storyline
• Workplan
• Major meeting roadmap
• Client map
• Problem on a page
The framework outlined in this PPT is designed to be adaptable, recognizing that different projects may require different elements. The use of issue trees, answer-first approaches, critical analyses, and storylines are emphasized for their relevance to specific project needs. This flexibility ensures that the framework can be tailored to the unique challenges of any strategic problem.
An issue tree is a critical tool for breaking down complex problems into manageable components. By identifying mutually exclusive and collectively exhaustive (MECE) sets of issues, the issue tree helps in pinpointing the root causes and structuring the problem-solving process. This methodical approach ensures that all potential drivers of the problem are considered, enabling focused and effective solutions.
The document also provides practical guidance on developing a major meeting roadmap, which is essential for maintaining project momentum and ensuring all stakeholders are aligned. This roadmap includes scheduling key meetings, identifying decision points, and ensuring that all necessary participants are engaged. By keeping the project team and stakeholders on the same page, the roadmap helps in driving the project to successful completion.
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Source: Best Practices in Bain PowerPoint, Problem Solving, McKinsey PowerPoint, Bain Presentations PowerPoint Slides: Structured Problem Solving - Top Tier Consulting Framework PowerPoint (PPT) Presentation Slide Deck, P-Square Partners
This PPT slide presents a structured approach to mapping meetings within a project workplan, emphasizing key milestones and objectives. It outlines a timeline with specific meetings scheduled from late July to late September, illustrating the progression of the project.
The first meeting, labeled as the "Kick Off Meeting," occurs on July 26. This initial gathering focuses on agreeing upon the project scope and approach, identifying and allocating resources, and establishing communication channels with key stakeholders. This foundational meeting is crucial for setting the tone and direction of the project.
Following this, the "Steering Committee: Mid-point check-in" is scheduled for August 17. This meeting serves as a progress review, addressing any roadblocks encountered, maintaining focus on project objectives, and ensuring coordination among team members. It’s a pivotal moment to assess interdependencies and provide guidance.
On September 15, the "Steering Committee: Workshop preparation" occurs, which is aimed at refining strategic priorities and identifying improvement opportunities. This meeting is essential for preparing for the subsequent senior management workshop, ensuring that all necessary insights and recommendations are aligned.
The final meeting, a "Senior Management Workshop," takes place on September 21. This session is designed to discuss strategic priorities, performance improvement opportunities, and immediate next steps. It represents a culmination of the previous meetings, focusing on actionable outcomes and program management.
Overall, this slide effectively illustrates the importance of structured meetings in driving project success, ensuring that each phase builds upon the previous one to achieve strategic objectives.
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