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Management Consulting Techniques, Tools and Frameworks

Management Skills

Business Strategy

Business

Management Consulting Techniques, Tools and Frameworks

Most useful consulting skills, techniques from top consulting firms like McKinsey, BCG, Bain

4.3

(1236)

10689 enrolled on this course

Last updated 11/2021

Asen Gyczew

₹ 2899.0

₹ 4399.0

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Lessons

Quizzes

Duration

13 Hours

Skill level

Beginner

Language

English

Certificate

Yes

Full lifetime access

Yes

Description

What is the aim of this course?
This course will help you drastically improve your knowledge of management consulting techniques, tools, and frameworks. It is designed for people who want to become management consultants or business analysts or are dealing with performance improvements as well as strategic projects in their firms. In the course you will learn 3 things:
What

consulting techniques, tools, and frameworks there are

When to apply
each and every one of them
How to
use them in practice
including examples of how to calculate specific things in Excel
This course is based on my 15 years of experience as a consultant in top consulting firms and as a Board Member responsible for strategy, performance improvement, and turn-arounds in the biggest firms from Retail, FMCG, SMG, B2B, and services sectors that I worked for. I have carried out or supervised over 90 different performance improvement projects in different industries that generated a total of 2 billion in additional EBITDA. On the basis of what you will find in this course, I have trained in person over 100 consultants, business analysts, and managers who now are Partners in PE and VC funds, Investment Directors and Business Analysts in PE and VC, Operational Directors, COO, CRO, CEO, Directors in Consulting Companies, Board Members, etc. On top of that my courses on
Udemy
were already taken by more than
224 000 students
including people working in EY, McKinsey, Walmart, Booz Allen Hamilton, Adidas, Naspers, Alvarez & Marsal, PwC, Dell, Walgreens, Orange, and many others.
I teach through case studies, so you will have a lot of lectures showing examples of analyses, and tools that we use. To every lecture, you will find attached (in additional resources) the Excels as well as additional presentations, and materials shown in the lectures so as a part of this course you will also get a library of ready-made analyses that can, with certain modifications, be applied by you or your team in your work.
Why have I decided to create this course?

Management consulting has been very creative and has produced or popularized the application of many tools, techniques, and frameworks that can be used to improve any business. By putting them in one course and explaining them using real-life examples, I wanted to make this knowledge available to students who are considering joining Management Consulting firms as well as managers who simply need to expand their toolbox with a few useful tools.
Things you will find in this course will improve your awareness and skills in analyzing problems that you will be facing in business as well as in your private life. Thanks to this course, you will know what tool, technique, or framework to use and how to use it in practice.
To sum it up, I believe that if you want to build or to find improvements in any business you should master the techniques presented in this course. That is why, I highly recommend this course not only to consultants or business analysts who have to advise their customers but also to owners, founders of businesses as well as managers and directors.
In what way will you benefit from this course?

The course is a practical, step-by-step guide loaded with tons of analyses, tricks, and hints that will significantly improve the speed and efficiency of your business. There is little theory – mainly examples, a lot of tips from my own experience as well as other notable examples worth mentioning. Our intention is that thanks to the course you will learn:
What
management consulting tools, techniques, and frameworks
are available

How to
understand business
using management consulting tools, techniques, and frameworks
How to
apply in practice
those techniques, tools, and frameworks to
optimize the business and make strategic decisions

You can also ask me any question either through the discussion field or by messaging me directly.
How the course is organized?

The course is divided currently into 4 sections:
Introduction.
We begin with a little intro into the course as well as some general info on production
Basic tools, techniques, and frameworks used by management consultants.
In the second section, I will discuss the main tools that you can use to analyze and understand a business. We will talk about things like issue trees, bottom-up approaches, top-down approaches, backward reasoning, the 80/20 rule, benchmarking, cost drivers, opportunity trees, and many, many more.
Intermediate tools, techniques, and frameworks used by management consultants.
In this section, I will discuss more advanced techniques such as rankings, scenario analysis, representative element analysis, decision tree, OEE, OLE, theory of constraints, Critical Chain, and many, many more.
Advanced tools, techniques, and frameworks used by management consultants.
In this section, I will discuss further more advanced techniques such as simulation analysis, decomposition analysis, feasibility analysis, and sensitivity analysis.
You will be able also to download many additional resources

Excels with analyses shown in the course
Presentation of slides shown in the course
Links to additional presentations and movies
Links to books worth reading
At the end of my course, students will be able to…

1. Master management consulting tools, techniques, and frameworks
2. Apply the right elements from your management consulting toolbox
3. Analyze fast problems that are killing your business
4. Find fast potential improvements in your business
5. Prepare you to move on to intermediate-level management consulting training
6. Calculate in Excel the impact of your proposals
Who this course is for:
Students that are considering becoming management consultants
Management Consultants
Business Analysts
Small and medium business owners
Startups founders
Managers
Controllers

What you'll learn

Master management consulting tools, techniques and frameworks

Apply the right elements from your management consulting toolbox

Analyze fast problems that are killing your business

Find fast potential improvements in your business

Prepare you to move on to intermediate level management consulting training

Calculate in Excel the impact of your proposals

Expand your toolbox with new useful methods

Learn how to analyze fast and efficiently

Requirements

You will need a copy of Adobe XD 2019 or above. A free trial can be downloaded from Adobe.
No previous design experience is needed.
No previous Adobe XD skills are needed.

Course Content

27 sections • 95 lectures

Expand All Sections

1-Introduction

1.1-Introduction

1.2-A little bit about me

1.3-How this course will be organized?

1.4-What to do if a blurry image appears

1.5-How to reach additional resources

2-Basic tools, techniques and frameworks – Part 1

2.1-Basic tools – introduction

2.2-Bottom-up approach

2.3-Top-down approach

2.4-Ceramic tile market – Case Introduction

2.5-Ceramic tile market - case to be solved

2.6-Ceramic tile market - solution

2.7-Ceramic tile market - solution in Excel

2.8-Ceramic tile market - Presentation in Power Point

2.9-Backward logic / backward reasoning

2.10-Backward logic based decisions – Case Introduction

2.11-Backward logic based decisions – Solution

2.12-Backward logic based decisions – When it makes sense to use it

2.13-Compounded effect

2.14-Compounded effect – Case Study Introduction

2.15-Compounded effect – Available Data

2.16-Compounded effect – Solution

2.17-Issue tree – Introduction

2.18-Issue tree – Examples Introduction

2.19-Issue tree – Logistics

2.20-Issue tree – Retail

2.21-Issue tree example for a FMCG firm

2.22-Low hanging fruits

2.23-Low hanging fruits – Case Studies

2.24-Quick wins for cost reduction

2.25-Quick wins for cost reduction – Remarks on Pontetial Savings

2.26-Quick wins in Drugstore – Case Introduction

2.27-Quick wins in Drugstore – Cost Structure

2.28-Quick wins in Drugstore – Cost Reduction

2.29-Quick wins in Drugstore – Summary

2.30-Management Consulting Tools, Techniques, Frameworks Overview

3-Basic tools, techniques and frameworks – Part 2

3.1-Setting Priorities

3.2-Benchmarks – external and internal

3.3-80/20 rule in practice

3.4-Set SMART goals

3.5-Opportunity Tree

3.6-Cost drivers

3.7-KPIs and business drivers – Introduction

3.8-Introduction to the KPIs for cinema case

3.9-KPIs for cinema – case to be solved

3.10-KPIs for cinema – solution

3.11-KPIs for cinema - solution in Excel

3.12-KPIs for cinema - Presentation in Power Point

3.13-KPIs for marketplace – Problem

3.14-KPIs for marketplace – Solution

3.15-KPIs for marketplace – Alternative Solution

3.16-KPIs for a FMCG business model – Problem

3.17-Main drivers for FMG business model

3.18-KPIs for a FMCG business model – Solution

3.19-KPIs for SaaS – Problem

3.20-Examples of SaaS businesses

3.21-KPIs for SaaS – Solution

3.22-Excel – basic rules for every Management Consultant

3.23-Resources that will help you master Excel

3.24-Power Point – how it should be used by business analyst

3.25-Basic tools – Summary

4-Intermediate tools, techniques and frameworks – Part 1

4.1-Intermediate tools – Introduction

4.2-Rankings – Introduction

4.3-How to expand the brand – Introduction

4.4-How to expand the brand – Solution – Part 1

4.5-How to expand the brand – Solution – Part 2

4.6-Expansion strategy into other countries – Introduction

4.7-Expansion strategy into other countries – Case Introduction

4.8-Expansion strategy into other countries – Data for the case study

4.9-Expansion strategy into other countries – Which function to use

4.10-Expansion strategy into other countries – Solution in Excel

4.11-Expansion strategy into other countries – Solution in Power Point

4.12-Rankings – Other examples

4.13-Scenario analysis – Introduction

4.14-Which price formula is the best for my profits – Introduction

4.15-Which price formula is the best for my profits – Solution – T&M and fixed fee

4.16-Which price formula is the best for my profits – Solution – Mixed Options

4.17-Scenario analysis – How to shorten the lifespan of a product

4.18-How to shorten the lifespan of a product – Case Introduction

4.19-How to shorten the lifespan of a product – General rules

4.20-How to shorten the lifespan of a product – Current Situation

4.21-How to shorten the lifespan of a product – Fad

4.22-How to shorten the lifespan of a product – Lower Costs

4.23-How to shorten the lifespan of a product – Simplify Exchange

4.24-How to shorten the lifespan of a product – Parameters

4.25-How to shorten the lifespan of a product – Comparison

4.26-How to shorten the lifespan of a product – Solution in Power Point

4.27-Scenario Analysis – Other Examples

5-Intermediate tools, techniques and frameworks – Part 2

5.1-Representative element analysis – Introduction

5.2-Convenience stores - Analysis of tariffs – Introduction

5.3-Convenience stores - Analysis of tariffs – Tips how to do it

5.4-Convenience stores - Analysis of tariffs – Solution

5.5-Decision Tree Analysis – Introduction

5.6-Decision Tree Analysis – Solution

5.7-OEE and OLE

5.8-Theory of constraints and bottlenecks

5.9-Removing bottlenecks - Case Studies

5.10-Removing bottlenecks - Content marketing agency – Introduction

5.11-Removing bottlenecks - Content marketing agency – Solution

5.12-Removing bottlenecks – Example from production – Case Introduction

5.13-What the production capacity depends on?

5.14-How to calculate the capacity for the whole month

5.15-Removing bottlenecks – Example from production – Scenarios – Part 1

5.16-Removing bottlenecks – Example from production – Scenarios – Part 2

5.17-Removing bottlenecks – Example from production – Available Data

5.18-Removing bottlenecks in Production – Solution

5.19-Removing bottlenecks – Example from production – Graphs

5.20-Critical Chain

5.21-Intermediate tools – Summary

6-Advanced tools, techniques and frameworks used by management consultants

6.1-Advanced tools – Introduction

6.2-Simulation analysis – Introduction

6.3-What will be the effect of the price increase – Introduction

6.4-What will be the effect of the price increase – Solution – Impact on coffee only

6.5-What will be the effect of the price increase – Solution – Full impact

6.6-Juice Producer - Simulation - Introduction

6.7-Juice Producer - Simulation - Tips how to do it

6.8-Juice Producer - Simulation - Solution

6.9-Decomposition of effects analysis – Introduction

6.10-LFL analysis – Introduction

6.11-LFL analysis – Solution – Part 1

6.12-LFL analysis – Solution – Part 2

6.13-LFL analysis – Solution – Power Point

6.14-Feasibility analysis – Introduction

6.15-How to increase the net profit by 10% – Introduction

6.16-How to increase the net profit by 10% – Solution – Current Level of costs

6.17-How to increase the net profit by 10% – Solution – Analysis of different options

6.18-Sensitivity analysis – Introduction

6.19-Sensitivity analysis – Solution In Excel

6.20-Sensitivity analysis – Solution in Power Point

6.21-Overview of segmentation methods

6.22-How to scale up a business – best practices from top firms

7-Conclusions

7.1-Bonus Lecture

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