Consulting Frameworks

Use on your next startup, in an existing small business, or to ace the case interview

By: Peter Oliver

Narrated by: Virtual Voice

Consulting frameworks are what consultants use to frame a problem as well as its solution. Consulting is a specialty of problem solving, and these frameworks act as shortcuts to problem solving. It doesn't mean that they are exclusive to consulting! anyone can learn them to help improve their problem solving skills! For the ones interested in joining consulting, practicing 1000 cases doesn’t help if you don’t use a framework consistently. Therefore a better approach for preparation is to understand and memorize the frameworks followed by a few cases only to store the framework in your long-term memory. Many applicants practice cases for months and then are surprised that the cases during the interview are not similar. I don’t need to belabor this point too much--you get it. Learn how to think with frameworks rather than brute force your way through an unhealthy amount of cases. If you want practice cases, most if not all consulting firms offer their own cases online and for free. Those are more than enough to practice. In this guide you will learn about:

• THE 5 STEPS OF CASE INTERVIEWING
• THE 3 C’S
• SWOT ANALYSIS
• PESTEL
• PORTER’S FIVE FORCES
• 4 PS OF MARKETING
• THE MCKINSEY M&A FRAMEWORK
• BCG GROWTH MATRIX
• PORTER’S VALUE CHAIN
• FINANCIAL TOOLS & NEED TO KNOW SIMPLE MATH

And much more! This Series covers the following topics commonly taught in MBA programs:

• ACCOUNTING 101
• HOW TO WRITE A BUSINESS PLAN
• OPERATIONS MANAGEMENT
• LEADERSHIP PRINCIPLES
• THE ART OF NEGOTIATION
• HOW TO INCORPORATE YOUR BUSINESS
• CONSULTING FRAMEWORKS

Material tough to absorb audio

The virtual voice was OK. Sort of vaguely British female.

Some mistakes: M&A read as em and ah vice em and ay. A little rushed at the end.

This would be a good review if you worked through the written material or stopped the audio to sketch out the many framework overviews.