Problem Solving Consultant

To be an analytical thinker does not mean you must have a degree in science, engineering, finance, economics or any other quantitative subject.While some subjects, like those listed, imply you could be analytical in your thinking, not having quantitative background does not mean you cannot think analytically. It is a statement which captures the observed phenomenon as well as the likely cause of the phenomenon. A surprising number of candidates do not understand this. However, analytical thinkers are able to separate their emotion from the situation and use the data provided to arrive at a conclusion.

To be an analytical thinker does not mean you must have a degree in science, engineering, finance, economics or any other quantitative subject.While some subjects, like those listed, imply you could be analytical in your thinking, not having quantitative background does not mean you cannot think analytically. It is a statement which captures the observed phenomenon as well as the likely cause of the phenomenon. A surprising number of candidates do not understand this. However, analytical thinkers are able to separate their emotion from the situation and use the data provided to arrive at a conclusion.In today’s competitive business environment, many companies are looking for unique ways to grow and increase their market share.

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Your line of reasoning is more important than your final answer.

Analytical thinkers can show you how they arrived at the answer. After all, it is the foundation of the case interview method.

Management consulting is an industry that offers assistance with this kind of high-level decision-making and problem-solving.

Management Consultants help businesses make strategic decisions that directly impact the entire company.

Consultants work across multiple departments in order to coordinate efforts of the entire business towards a common goal.

By answering the “what do we do” question, consultants help their clients improve performance and achieve growth.Logical thinkers apply MECE, even if they do not know it.I have some impressive friends in the legal profession. When you ask them how they arrived at an answer or why they eliminated an option, you realize they are applying the rules of MECE perfectly. Reason and logic is not exclusive to management consulting, but is it essential to management consulting.There are some very common misconceptions and myths about analytical problem solving.Most candidates simply skim over this phrase on consulting profiles without thinking about the meaning.The Problem-Solving Approach A big part of management consulting involves taking a strategic approach to problem-solving.By exploring all angles to a particular challenge, consultants are able to provide more useful and practicable solutions to their clients.Thousands of candidates with quantitative backgrounds fail to get offers from Mc Kinsey, Bain and BCG every year. Are you able to reason using only the facts provided? Analytical problem solving means reasoning using facts and logic.Therefore, having a quantitative background can be an advantage, but it does not guarantee analytical problem solving ability. It always surprises us how many people do not know what is a hypothesis. Past experience or opinions which cannot be substantiated are ignored.This post will tell you what management consulting firms like Mc Kinsey, Bain and BCG mean by analytical problem solving.This is important advice so it is worth reading carefully.