Young consultants make some very common mistakes when they start out, and I explain how to use the strategy insight ratio to correct these problems.
1) They tend to dedicate most of their ink to their analyses.
2) They tend to equate the complexity of their analyses with the value they are adding to the study.
3) They spend too little ink on insights.
In this podcast I will discuss two simple checks I would do when I was a partner reviewing the slides of engagement managers, associates and analysts. They allow you to construct a simple ratio which can be improved to improve the quality of your slides.
The part about analyses complexity will certainly surprise you. The complexity of the analyses we do in even complex corporate strategy studies is surprisingly low. While the analyses is simple, the way we arrive at the need to do the analyses is, however, not easy.
You will see this in the first study we are releasing under the strategy training library: careful study structuring + simple analyses + deep insights.