TALK LIKE A CONSULTANT - MECE principle explained

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Firm Learning

Firm Learning

Күн бұрын

Пікірлер: 231
@AngloAm
@AngloAm 9 ай бұрын
Not a consultant, nor a junior but always grateful for learning, especially when it's this helpful and immediately applicable. Heinrich - danke Dir.
@WhatColourIsYourBugatti_
@WhatColourIsYourBugatti_ 4 жыл бұрын
I am firm that firm learning has helped my learning.
@FirmLearning
@FirmLearning 4 жыл бұрын
Thanks, super happy to hear that!! :) Best, Heinrich
@traceybracke3844
@traceybracke3844 4 жыл бұрын
Thank You!!!
@fridaber6069
@fridaber6069 3 жыл бұрын
I am firm that firm learning has helped me build a firm foundation in skills important at my firm.
@redpilldude8688
@redpilldude8688 6 ай бұрын
Dude, your videos have made me so much better at work. People are starting to notice and it’s a direct result of your videos. I cannot thank you enough.
@FirmLearning
@FirmLearning 6 ай бұрын
Comments like this make my day, super happy to hear the videos are helpful! Much appreciated!! Best, Heinrich
@beikdw5762
@beikdw5762 2 жыл бұрын
This is incredible, as an engineering consultant I use these principles without knowing the MECE framework, but sometimes I tend to get bogged down in the details of solving the problem and lose my overall strategy. Knowing this principle now is helping me to produce a concrete plan of action and to assure my self that I’ve minimised any unknowns in my inputs.
@FirmLearning
@FirmLearning 2 жыл бұрын
Glad to hear you liked the video, appreciate it! Best, Heinrich
@DisdainforPlebs
@DisdainforPlebs 2 жыл бұрын
Orthogonality!
@tlli5066
@tlli5066 Жыл бұрын
@@DisdainforPlebs Orthogonal Functions and complete space where every cauchy sequences converges:)
@wangt618
@wangt618 4 жыл бұрын
The Magic reference made MECE so much easier to understand. Thanks! I really enjoy your content.
@FirmLearning
@FirmLearning 4 жыл бұрын
:) Happy to hear that, thanks Tony! Best, Heinrich
@xsite23
@xsite23 4 жыл бұрын
even being already, a long time in that kind of business, Heinrich understands on a high-level way to describe complicated tools, practises in a straightforward way. Congrats Heinrich, please go on.
@FirmLearning
@FirmLearning 4 жыл бұрын
Thank you for your kind words. Very happy to hear that the videos are helpful! Best, Heinrich
@olipop84
@olipop84 4 жыл бұрын
Yes, please do make the series on talking like a consultant!
@FirmLearning
@FirmLearning 4 жыл бұрын
Thanks for the feedback!
@FirmLearning
@FirmLearning 4 жыл бұрын
Do you want to learn to create slide presentations like top consulting firms? I created an online course, teaching you the slide writing skills I learned in consulting: link.firmlearning.com/slidewriting
@farhanfitri8787
@farhanfitri8787 4 жыл бұрын
as a recent MBA grads, thank you for sharing this info...wünderbar..
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Farhan, thank YOU for your comment. Appreciate it! Best, Heinrich
@ivnacuri5231
@ivnacuri5231 3 жыл бұрын
MECE is such a helpful yet simple logic principle. I wish more people learned this at school. Thanks for your great content as always!
@FirmLearning
@FirmLearning 3 жыл бұрын
Yes agree, MECE is important for structuring pretty much any document / presentation etc. !
@hartonosugih9083
@hartonosugih9083 3 жыл бұрын
Thank you Heinrich for being MECE on the MECE content :) I've been wondering what MECE means and your explanation has helped me to understand it. Now it's time to put it into practice!
@FirmLearning
@FirmLearning 3 жыл бұрын
Hi Hartono, thank you for your kind comment. Great to hear the video is helpful! All the best to you - Heinrich
@ledbettergroup
@ledbettergroup 4 жыл бұрын
I would love to see a talk like a consultant series.
@FirmLearning
@FirmLearning 4 жыл бұрын
Thank you, yes will create more videos in this series! Stay tuned :) Best, Heinrich
@yaroslavvolgin699
@yaroslavvolgin699 3 ай бұрын
Love your videos, the way you structure the lessons and present! I learn a lot from them, thank you!
@ThePro2601
@ThePro2601 4 жыл бұрын
Would be interested in a expanded series, even if some videos aren't new material but just further explanation of previous ones! really enjoy and appreciate these technical writing videos! very helpful 👍
@FirmLearning
@FirmLearning 4 жыл бұрын
Thanks for your feedback, appreciate it! Best, Heinrich
@5708R
@5708R 4 жыл бұрын
Top content--super crisp, valuable, and actionable!
@FirmLearning
@FirmLearning 4 жыл бұрын
Happy to hear that thanks!! Best, Heinrich
@bryanpaulinocencio8166
@bryanpaulinocencio8166 4 жыл бұрын
Such a hidden gem I've found. Thank you for your insights!
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Bryan, great to hear you find it helpful. Appreciate it!! Best, Heinrich
@HedgeConnectFX
@HedgeConnectFX 4 жыл бұрын
This guy is growing fast
@FirmLearning
@FirmLearning 4 жыл бұрын
Thanks for watching! Giving my best to continue to deliver value via my videos. Thanks for being part of my journey! Best, Heinrich
@alfredoalfaro5000
@alfredoalfaro5000 4 жыл бұрын
He deserves it.
@FirmLearning
@FirmLearning 4 жыл бұрын
@@alfredoalfaro5000 Thanks Alfredo ;) Best, Heinrich
@faarao75
@faarao75 4 жыл бұрын
This jut BLEW me away and I´m a LSSBB consultant. Communication is certainly one thing I need to improve on. Good Job Heinrich, I should hire you to coach me too :)
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Markus, thanks for your comment. Great to hear the video is helpful :) Best, Heinrich
@pumpkhim
@pumpkhim 4 жыл бұрын
Had been binge watching your videos. It really help me alot! I have a presentation proposing a new method in my work area to BODs soon, I'm glad i found your videos. Your explanation is easy to follow. Look forward to more content from you.
@FirmLearning
@FirmLearning 4 жыл бұрын
Super happy to hear that thank you. Lots of success to you with your presentation!! Best, Heinrich
@k.berkcakr379
@k.berkcakr379 2 жыл бұрын
An explanation, which is simple, yet effective!
@sdarine
@sdarine 4 жыл бұрын
Your videos are super insightful. Thank you for putting in the effort to create them.
@FirmLearning
@FirmLearning 4 жыл бұрын
Thank you Darine, super happy to hear that!
@rushabhbhatia4066
@rushabhbhatia4066 4 жыл бұрын
Thank you Heinrich, very nicely explained :) from a fellow consultant.. cheers
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Rushabh, super happy to hear that - thanks mate! Best, Heinrich
@carlosallen647
@carlosallen647 3 жыл бұрын
Thanks for the explanation! Best regards from Portugal.
@FirmLearning
@FirmLearning 3 жыл бұрын
Sure thing - thank YOU for watching Carlos, much appreciated! Best, Heinrich
@olipop84
@olipop84 4 жыл бұрын
Awesome video Heinrich! Thanks for sharing!
@FirmLearning
@FirmLearning 4 жыл бұрын
Thank you Oliver appreciate it!! :) Best, Heinrich
@danielcyrushermann8278
@danielcyrushermann8278 4 жыл бұрын
Hey Heinrich, I have to say that out of all the Consulting channels, I find yours most enjoyable to watch! One can grasp that you actually both enjoy producing this content and put a lot of effort into it. Love your positivity, thank you, and keep it up! BW from Munich. ;)
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi, thank you for your comment! Super happy to hear you find the videos enjoyable. Indeed it is a pleasure for me to do all these videos for all of you :) THANK YOU! Best, Heinrich
@Dataanalyticspro
@Dataanalyticspro 4 жыл бұрын
Awesome Vid. I would love to see more MECE examples
@FirmLearning
@FirmLearning 4 жыл бұрын
Well noted, thanks Jared! Best, Heinrich
@wvagner284
@wvagner284 3 жыл бұрын
I found your channel just yesterday and I am really appreciating it. Great job! Thanks for such content. Regards straight from Brazil.
@FirmLearning
@FirmLearning 3 жыл бұрын
Thanks for watching Vagner. Great to hear the video is helpful :) Best, Heinrich
@ThranGolem08
@ThranGolem08 4 жыл бұрын
I love it that you used Magic to explain it! ;D
@FirmLearning
@FirmLearning 4 жыл бұрын
;) Thanks for watching!
@v3r0x
@v3r0x 4 жыл бұрын
Yeah MTG. Gat wohl jeder gespielt und gesammelt der später Consultant wurde habe ich das Gefühl 😅
@xxWOLFPACxx
@xxWOLFPACxx 3 жыл бұрын
Thanks again Heinrich, great content
@FirmLearning
@FirmLearning 3 жыл бұрын
Great to hear that - thanks for watching! Best, Heinrich
@wembleydafonsecagoncalvesd2765
@wembleydafonsecagoncalvesd2765 4 жыл бұрын
I am learning a whole lot with you, Sir! Thank you
@FirmLearning
@FirmLearning 4 жыл бұрын
Super happy to hear that thank you man! Best, Heinrich
@santiagobardelli5675
@santiagobardelli5675 2 жыл бұрын
Hi, Haindrich I have been working for 15 years in auditing and is very important to present the content of your work a way stakeholders understand it this way. Until I understood I had hard time dealing with their complains (stakeholders) because topics overlapped each other..
@FirmLearning
@FirmLearning 2 жыл бұрын
Glad to hear you liked the video, appreciate it Santiago! Yes, being MECE is definitely important. Best! Heinrich
@sophieessien
@sophieessien 9 ай бұрын
This was explained so well. Thank you so much
@SashaMarzan
@SashaMarzan 2 жыл бұрын
Thank you for the video! Great MtG collection :)
@wingwong8670
@wingwong8670 3 жыл бұрын
thank you for the sharing. very useufl
@FirmLearning
@FirmLearning 2 жыл бұрын
Great to hear it is helpful, thank YOU for watching!
@johnkenning865
@johnkenning865 2 жыл бұрын
Dude your accent makes this even more interesting
@LinusHaferkemper
@LinusHaferkemper 2 жыл бұрын
super valuable and well structured!
@FirmLearning
@FirmLearning 2 жыл бұрын
Thanks Linus, great to hear that! Best, Heinrich
@saminmostahid7343
@saminmostahid7343 4 жыл бұрын
Dear Heinrich, I have been quite a follower from the very beginning of your journey. I have request for a video content! 1) Difference between In house consulting vs MBB or big 4 consulting ? 2) How to do transition from an In house consulting career > Consulting major firm. P.S as In house consulting i am referring to Business consultant or Industry consultant for IT/ enterprise software companies. Will highly appreciate if you could make a video on it :)
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Samin, thank you for your comment and also your content suggestion. Inhouse consulting is indeed an interesting topic, worked together with inhouse consulting teams in several of my projects. Thanks, might pick that up in future videos! Best, Heinrich
@NandhaKumar-cu9vv
@NandhaKumar-cu9vv 3 жыл бұрын
MECE principle a good value addition for consultants
@FirmLearning
@FirmLearning 3 жыл бұрын
Fully agree! Thanks for watching Nandha! Best, Heinrich
@judyl.7811
@judyl.7811 Жыл бұрын
0:30 young graduates lack most the communication skills but which values the most in jobs. 6:45 you define some low-hanging fruits. 7:15 how to draft a table of content.
@AshWankhede-uq1du
@AshWankhede-uq1du 4 ай бұрын
Near the end of the video, Heinrich mentioned that MECE principle should be followed in presentation and communication. Building upon that, I find it rather more helpful to think in MECE as it would make presenting and communicating in a MECE-fashion much more natural and intuitive. However, how can we do so? How can we train ourselves to think in MECE? Looking forward for your answer.
@simondawson634
@simondawson634 3 жыл бұрын
I always liked the alternative, ABC not D. All Bases Covered, nothing Duplicated. Not as accurate, but sometimes an easier way to get this across
@FirmLearning
@FirmLearning 3 жыл бұрын
Hi Simon, nice did not know that one. Like it as well! :) Best, Heinrich
@timw4432
@timw4432 3 жыл бұрын
I like this
@saramah100
@saramah100 4 жыл бұрын
Thank you very much! Useful concept and will definitely use it 👍
@FirmLearning
@FirmLearning 4 жыл бұрын
Happy to hear that - thanks Sara! Best, Heinrich
@joelgagnon1
@joelgagnon1 3 жыл бұрын
Sales before production! Thanks for the video btw, I will use it :-)
@FirmLearning
@FirmLearning 3 жыл бұрын
:) Thanks for watching Joel!! Best, Heinrich
@flaviasilveira768
@flaviasilveira768 3 жыл бұрын
Thank you so much for sharing.
@FirmLearning
@FirmLearning 3 жыл бұрын
Thank YOU for watching Flavia, this is much appreciated! Best, Heinrich
@Tom9111
@Tom9111 4 жыл бұрын
Thanks! I reckon you do a few more videos on MECE, working through examples of what follows/violates the principle.
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Tom, thanks for the suggestion! Yes, agree that this is a topic I could go deeper on in future videos! Best, Heinrich
@WeekendMuse
@WeekendMuse 4 жыл бұрын
Another helpful video. Well done. Liked and subscribed.
@FirmLearning
@FirmLearning 4 жыл бұрын
Much appreciated - thank you Tamarin! Best, Heinrich
@PathtoContinuousimprovement
@PathtoContinuousimprovement 3 жыл бұрын
Value adding principle, i have also dealt with this principle in my profession.
@FirmLearning
@FirmLearning 3 жыл бұрын
Thanks for sharing! Yes fully agree, MECE is a very crucial principle when structuring your thoughts and ideas! Best, Heinrich
@yunush
@yunush 4 жыл бұрын
Thanks for the video Heinrich.. it will be good to have a second more in-depth video on this topic and further drill down. Perhaps give multiple examples. Just a thought.
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Yunush, thank you for the suggestion! Yes might create an additional video on this topic in the future! Best, Heinrich
@jinxingdu4253
@jinxingdu4253 3 жыл бұрын
Super helpful thank you!
@FirmLearning
@FirmLearning 3 жыл бұрын
Hi Jinxing, thanks for your kind comment! Super happy to hear the videos are helpful. Appreciate it, all the best to you! Heinrich
@Ben_Holfeld
@Ben_Holfeld 4 жыл бұрын
This has become my favorite Saturday Learning session. I'm a German in San Francisco working in technology consulting, but all these communication principles can be very well applied there too. Question: did you need your previous employer's permission to share all these insights or are all these methods / "recipes" considered creative commons public domain information?
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Ben, thanks for watching. Super happy to hear that!! This knowledge is not proprietary of any specific firm, e.g., I also learned it in university. But of course, working in consulting for some years helped me to better understand it. Lots of success to you! Best, Heinrich
@namelessentitywatchingyou8439
@namelessentitywatchingyou8439 4 жыл бұрын
You can find this and a lot of other info in the book McKinsey way, McKinsey mind and the case interview workbook
@ardaisldar6758
@ardaisldar6758 4 жыл бұрын
I just discovered this channel, and it’s a gem! Coming from academic and industry background, it took me a year to get used to the dynamics of the consulting environment. The content from Heinrich is very helpful. Keep up the good work!
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Arda, very happy to hear that the channel is helpful. Thank YOU for watching!! Best, Heinrich
@werxcx
@werxcx 3 жыл бұрын
Sir, today I learnt a lot from you Thank you
@FirmLearning
@FirmLearning 3 жыл бұрын
Hi, thanks for your comment. Very great to hear that!! Best, Heinrich
@Haydenofnz
@Haydenofnz 7 ай бұрын
Im a data analyst and struggle to apply MECE when presenting findings when the segments overlap. Can you give me an idea of how to handle this situation (made up for this comment). Ive been asked to look at why our churn rate is increasing. Is it something to do with the location (country), tenure on the platform, or number of users per organisation. My analysis would look at the combinations I.E users by country, or tenure by country. Those combination answers could be repeated in each section of the report. Do I repeat them each time for each heading?
@just.thenakedtruth
@just.thenakedtruth 3 жыл бұрын
Valuable content! I’d love to see more videos on specific problems to solve and applying the best logic 👌🏼🙏🏼
@FirmLearning
@FirmLearning 3 жыл бұрын
I am glad that you enjoyed the video, thanks for watching! Thanks for the note.
@SeredaStanislav
@SeredaStanislav 4 жыл бұрын
Great idea with the video series. Just as long as you organize them in the MECE manner 😄
@FirmLearning
@FirmLearning 4 жыл бұрын
Please do not be too strict with me ;) Thanks for watching! Best, Heinrich
@ratanangmakgeta4014
@ratanangmakgeta4014 Жыл бұрын
Soo helpful, great job
@rbgolfer2013
@rbgolfer2013 3 жыл бұрын
These are golden sheesh!
@FirmLearning
@FirmLearning 3 жыл бұрын
Thanks for watching!! :) Best, Heinrich
@usermusicej
@usermusicej 10 ай бұрын
so, when do you include the hypothesis then?
@BobVanMol
@BobVanMol 3 жыл бұрын
Hi Heinrich, I am fascinated with your explanation on MECE. Can you please suggest where i can learn the MECE principle with samples online?
@FirmLearning
@FirmLearning 3 жыл бұрын
There are many different materials about the MECE principle online. I suggest you do some research and pick the one that suits you best! Thanks for watching!
@mikedelorenzo275
@mikedelorenzo275 4 жыл бұрын
Thanks for putting these videos together! They are GREAT!!! Question on this video, in the Outline Example 2, would it be more MECE to put all the short term measures in one section and all medium term measures in another? Why is the example MECE if there are over laps?
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Mike! Yes, agree that ordering them in the way that you describe would be MECE as well. There are usually many different ways to structure things in a MECE way. Best! Heinrich
@louiseli3793
@louiseli3793 4 жыл бұрын
Please share more these commonly used then more edge case specific framework and examples.
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Louise, thanks for your comment! Understood, might pick that up in future videos! Best, Heinrich
@eduardocortez7623
@eduardocortez7623 2 жыл бұрын
Can you recommend the best book on the MECE principle ?
@FirmLearning
@FirmLearning 2 жыл бұрын
The Pyramid Principle from Barbara Minto covers it! Best, Heinrich
@sandeepp3655
@sandeepp3655 3 жыл бұрын
Summarize your data in such a way that subject matters are not repeated. Keep it simple. If somebody needs more details, they will reach out.
@FirmLearning
@FirmLearning 3 жыл бұрын
Great summary, thanks for watching Sandeep! Best, Heinrich
@MiguelAngelQuijano
@MiguelAngelQuijano 2 жыл бұрын
Thanks a lot,
@karoaristizabalmarin878
@karoaristizabalmarin878 5 ай бұрын
Is there a way to apply MECE to non-consultant enviroment?
@sandipansarkar9211
@sandipansarkar9211 2 жыл бұрын
finished watching
@FirmLearning
@FirmLearning 2 жыл бұрын
Appreciate it - thank you Sandipan! Best, Heinrich
@danielmoore9214
@danielmoore9214 Жыл бұрын
Sehr gut !
@hampaslupanggirl3681
@hampaslupanggirl3681 2 жыл бұрын
hello,,, how about as a consultant you are ask to find a solution to enhance the costumer service ,
@oldsarge7005
@oldsarge7005 3 жыл бұрын
Well done, vielen dank
@FirmLearning
@FirmLearning 3 жыл бұрын
Thank YOU for watching Tom :) Best, Heinrich
@jkuo1991
@jkuo1991 4 жыл бұрын
Hi Heinrich, after watching this video, I have a question for you. I’m trying to introduce two products (namely anode and cathode) in a product introduction ppt. The structure I have for now is like this Anode -manufacturing -specialities -application Cathode -manufacturing -specialities -application By applying MECE method I’m thinking reorder the structure like this Manufacturing -anode -cathode Specialities -anode -cathode Application -anode -cathode So, does the latter organization is better?
@FirmLearning
@FirmLearning 4 жыл бұрын
Hey! Thanks for the question. Regarding the MECE principle, both structures are MECE as far as I can understand it. Therefore I would make it more dependent on the context that you are working in. The most important / relevant distinction should be used as the first level. From what you are writing, if the products are in focus (anode / cathode), sounds to me like option 1 would be a bit better suited. Best! Heinrich
@jkuo1991
@jkuo1991 4 жыл бұрын
@@FirmLearning Hi, Heinrich, I got it. Thank you very much!
@eugeneng1333
@eugeneng1333 3 жыл бұрын
Hi Heinrich, greetings from Malaysia! Stumbled upon your site and very much like the videos and immediately subscribed! Would you have any videos that deep-dive into the formulation of issue trees from the key line and down 2-3 layers? I'm especially keen to understand inductive reasoning when applied to issues trees, for instance, how categories of ideas can be grouped in different ways and how each different grouping of ideas can infer different things to generate insights. Cheers!
@FirmLearning
@FirmLearning 3 жыл бұрын
Hi Eugene, thanks for joining and watching the channel, much appreciated! Already have a video on "how to solve tough problems" that also touches on some of these aspects. But indeed formulation of issue trees is another important topic, might pick this up in the future for a new video! Best! Heinrich
@mannyarturo
@mannyarturo 5 ай бұрын
I was really enjoying your videos, but you play MTG and now I have to subscribe.
@FirmLearning
@FirmLearning 5 ай бұрын
❤️
@jorgepinoalejandre3939
@jorgepinoalejandre3939 4 жыл бұрын
Hola bonita noche. El principio MECE no es para solucionar problemas; Es un principio para "plantear" posibles soluciones identificando potenciales problemas Mutuamente Excluyentes.
@FirmLearning
@FirmLearning 4 жыл бұрын
Good point thank you for sharing Jorge! :) Best, Heinrich
@amith3588
@amith3588 3 жыл бұрын
@@FirmLearning for utt
@comradechenkov6210
@comradechenkov6210 4 жыл бұрын
Is the MECE principle distinct from the Pyramid principle, or are they the same?
@FirmLearning
@FirmLearning 4 жыл бұрын
No it is not the same, check out the book "The Pyramid Principle" from Barbara Minto (included in my book recommendations linked in the video description) to learn more! Best, Heinrich
@aaryayadav1646
@aaryayadav1646 4 жыл бұрын
Hey Henry! I really need you to Nswer this , kindly take your time and please answer briefly:- A brand new Consulting club is going to commence at my college in coming 2-3 months and I'm going to head that consulting club. Could you please tell me , as students who are studying Business administration for graduation, what activities, events and competitions should the club carry out for it's members ? Please brief if possible :)
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Arya, some ideas: talks from alumni of your university working in consulting, case study competitions, case interview trainings / service to pair students up with other people preparing for interviews, workshops with consultants from consulting firms, recruiting events with consulting firms, panel discussions with business leaders... hope this helps - lots of success to you! Best, H
@aaryayadav1646
@aaryayadav1646 4 жыл бұрын
@@FirmLearning thank you man !
@patrickrojo7105
@patrickrojo7105 4 жыл бұрын
Second day watching your videos.... And i have to say, :) your accent reminds me of the Terminator haha :)
@FirmLearning
@FirmLearning 4 жыл бұрын
Haha thanks mate ;) Best! Heinrich
@mkallard
@mkallard 3 жыл бұрын
How would you say that MECE assists with a Growth Mindset?
@FirmLearning
@FirmLearning 3 жыл бұрын
Hi! Frankly do not think that these concepts are directly related. What link do you see? :) Best! Heinrich
@DavidvDommelen
@DavidvDommelen 4 жыл бұрын
Thanks alot for this info! Can I ask if this is appliciable in the health sector? For example, physiotherapy, Health innovation, health apps, physiotherapy products? I might need to look up some more information about firm learning. Kind regards, David
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi David! Yes, do believe that the concept is relevant independent of the industry you work for. For sure, consultants working in Pharma / Health do apply it :) Lots of success to you! Best, Heinrich
@cassandrawong5590
@cassandrawong5590 3 жыл бұрын
Hi Heinrich, thanks for this insightful video. I had a specific question on CE (collectively exhaustive) component of MECE. In the case of case interview where you are not a subject matter expert on the topic - how do you deal with CE in a practical sense? I have been told previously - read widely and gain experience. Are there any other strategies you would do yourself when faced in that situation "on the spot assessment? Thanks in advance.
@FirmLearning
@FirmLearning 3 жыл бұрын
Hi Cassandra, if you are not an SME, it will of course not be possible to think of any given detail in a case. Try to be exhaustive on a higher level with overarching business situation frameworks. If then on the detail level you are missing some points, this will not ding you in the interview. Best! Heinrich
@osamakhan3665
@osamakhan3665 3 жыл бұрын
nice video
@FirmLearning
@FirmLearning 3 жыл бұрын
Thanks! Glad that you enjoyed it Osama!
@MCAlkaMC
@MCAlkaMC 4 жыл бұрын
Hey Heinrich, thank you so much for your channel ! I am a bit puzzled though, and I have two questions regarding MECE : - In most cases, it seems to me like it is never really possible to breakdown totally mutually exclusive elements. For instance in this exercise, the short vs. medium term distinction is duplicated in each intervention area. But isn't the time horizon a category in itself? Wouldn't a manager also like to see things from this perspective, i.e. separate all the measures that can be done on the short term from all those on the medium term ? Likewise regarding the process category, would it not be possible that the same types of process may apply in different areas (e.g. staff reduction, digitalisation, IA software implementation, etc...)... - Do you have more tips concerning the method for applying MECE, and top-down communication ? Mindmaps ? I find it hard to apply those principles, especially orally, without having prepared, scribbled, drafted and restructured beforehand. Thank you so much again! Take care
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi, Thanks for your comment! Indeed there are always several ways to structure elements in a MECE way. MECE is a necessary but not a sufficient condition for a good structure. Indeed it is always important to ask oneself how it makes sense for the audience etc. to look at it. How I use do to it in more complex cases is that I write down all the elements that I need to order first in a list, and then try to drag them around in different ways until I found the best option. Best! Heinrich
@dy2cakc1
@dy2cakc1 4 жыл бұрын
Very good indeed.
@FirmLearning
@FirmLearning 4 жыл бұрын
Thank you for your comment. Super glad to hear that! Best, Heinrich
@dy2cakc1
@dy2cakc1 4 жыл бұрын
@@FirmLearning purchased your Udemy course so looking forward to learning more. Let me know what you have in the pipeline course wise.
@FirmLearning
@FirmLearning 4 жыл бұрын
@@dy2cakc1 Thank you! Will for sure announce it here on KZbin if I release a new program :) Indeed working on a great new course experience, but will still take some time until completion (too much to do in my full-time job ;) - Best! Heinrich
@ali-om4uv
@ali-om4uv 4 жыл бұрын
I get that your general structure /toc should be mece.....but individual answers will and should be full of redundancy as they are likely looking at the same topics/data from a different perspective ! A STEM PhD thesis will never be mece for example. This really only works for rather one dimensional problems.
@sneakystef
@sneakystef 4 жыл бұрын
al i exactly
@FirmLearning
@FirmLearning 4 жыл бұрын
Hmm I am currently writing on my PhD as well and we for sure try to make our papers MECE / follow a logical structure. Though I agree that e.g., in the introduction you repeat some things that you will later talk about as well. In this strict sense yes, you might repeat some elements. Best! H
@nffs6148
@nffs6148 4 жыл бұрын
Great channel Heinrich, I have learnt a lot, just wanted to ask why such a bad taste in the house when you are probably quite rich? -Just an architect here...
@FirmLearning
@FirmLearning 4 жыл бұрын
Thanks for watching!! Unfortunately it is neither my house, nor am I super rich.. but you might be right that my taste is not that great ;) Best! Heinrich
@nffs6148
@nffs6148 4 жыл бұрын
You’re great Heinrich, your friends are lucky to have such a smiling and bright friend
@ditrakomala9136
@ditrakomala9136 4 жыл бұрын
How do you figure out how to break out in MECE format when you've never worked in a certain industry? It will be easy to make MECE if you're expert in the industry where you know the business processes, etc. But assuming you're a fresh grad with no knowledge of the industry. How do you do it? Thank you
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Ditra, thanks for watching! Do not think that the MECE principle is directly related to your industry expertise. If you have no idea what you are doing, you will have an issue independent of whether you know the MECE principle or not :) But fully agree that domain knowledge goes a long way...! Best! Heinrich
@lherfel
@lherfel 2 жыл бұрын
thanks
@izarscharf7845
@izarscharf7845 3 жыл бұрын
How are the chances for some with a STEM degree in the consulting biz?
@FirmLearning
@FirmLearning 3 жыл бұрын
Hi Izar, STEM background is no problem at all, at MBB there are lots of people with these backgrounds, probably even a plus if the rest of your profile meets the criteria as well, as STEM people are supposed to be good in quant (which is always a plus as a consultant) ;) Best! Heinrich
@izarscharf7845
@izarscharf7845 3 жыл бұрын
@@FirmLearning Does a profile with a lot extracurricular of lectures in politics and eco coupled with a few foreign languages meet those criteria then ?
@edwinurbina7843
@edwinurbina7843 3 жыл бұрын
let’s see some more coffee mugs !
@FirmLearning
@FirmLearning 3 жыл бұрын
Challenge accepted :) Best, Heinrich
@Caneladaful
@Caneladaful 4 жыл бұрын
I have a problem in my firm, it's a bank, a problem of conversion rate, how can i make a tree of hypothesis mece in this case? I didn't find anything on the internet about conversion, and my boss ask me to explain the changes overtime of conversion, and i try to make it mece, but it is really hard.
@FirmLearning
@FirmLearning 4 жыл бұрын
Hi Mathias, thanks for your comment. Of course difficult to give general answers on how to structure this. Would probably start by researching possible drivers of conversion rate in your sector and then start ordering them into groups. Lots of success to you! Best, Heinrich
@Caneladaful
@Caneladaful 4 жыл бұрын
@@FirmLearning thnks man
@hashaamjaved2669
@hashaamjaved2669 4 жыл бұрын
@@Caneladaful I would also recommend for you to make a "process" of conversion itself and map out in line what steps go into converting a customer, this is effectively your structure where you look into dissecting and optimizing each step that goes into conversion
@Caneladaful
@Caneladaful 4 жыл бұрын
@@hashaamjaved2669 ooow.. Man this is powerfull. I was try to search the causes breaking each of the client segmentation like value, state, type of sell (digital or by a person). So my hypotheses was kind like this "the problem is in the low value clients". I'll try to make like you tell, thanks man, you really help me.
@hashaamjaved2669
@hashaamjaved2669 4 жыл бұрын
Mathias Machado not a problem man, making a process is a good way to have a MECE framework
@bene3403
@bene3403 3 жыл бұрын
Where you can(should) apply this principle as well: In the outline of your Bachelor or Master thesis 😊
@FirmLearning
@FirmLearning 3 жыл бұрын
Thanks for watching:) You should try and make sure that there isn't too much overlap between your chapters but they should flow into each other well.
@bene3403
@bene3403 3 жыл бұрын
@@FirmLearning True! But having this principle in the back of your head prevents that the thesis becomes a soup of indistinguishable chapters and thoughts :)
@ChiChi-sw5iu
@ChiChi-sw5iu 3 жыл бұрын
I collect trading cards too :3 I like watching you cuz besides the fact that you have great content, you're so cute. Lol
@FirmLearning
@FirmLearning 3 жыл бұрын
Guess I take this as a compliment ;) Thanks! Best, Heinrich
@davidlooser5647
@davidlooser5647 3 жыл бұрын
OMFG xD Bei MtG hattest du mich. Erst recht bei Mirrodin.
@FirmLearning
@FirmLearning 3 жыл бұрын
Good old times ;) Danke fürs Zuschauen David! LG, Heinrich
@GowthamSaigowtham
@GowthamSaigowtham 4 жыл бұрын
i understood the topic but how much money do they charge ???
@FirmLearning
@FirmLearning 4 жыл бұрын
;) Thanks for watching!! Best, Heinrich
@laci272
@laci272 3 жыл бұрын
I'm watching this video the forth time, still have no clue how to implement in my own projects:)
@FirmLearning
@FirmLearning 3 жыл бұрын
Hi, sorry to hear that! Any specific questions I can help you with? Best, Heinrich
@laci272
@laci272 3 жыл бұрын
@Firm Learning Hi, how do you slice up the project when there are more ways to do it? How do you find the best way? Like in your example, wouldn't a structure like below work just as good? (And still mece). 1 and 4 are the same.. 2. Short term measures - production - sales - purchasing - overhead 3. Medium term measures - production - sales - purchasing - overhead
@MeshalAlaqil
@MeshalAlaqil Жыл бұрын
excuse me brother where are you from
@lilianbrenner01
@lilianbrenner01 3 жыл бұрын
I think it would have been funnier to show the memes in the end, when we know what mice actually means :)
@FirmLearning
@FirmLearning 3 жыл бұрын
Fair point, maybe next time thanks Alexander :) Best! Heinrich
@921valex
@921valex 3 жыл бұрын
Hi! Helpful video but too much advertisement!!
@FirmLearning
@FirmLearning 3 жыл бұрын
Hi Valerio, thanks for your feedback! Will continue to work on the perfect balance. Best, Heinrich
@igorsk19
@igorsk19 2 жыл бұрын
isn't this called Clustering?!?
@hashaamjaved2669
@hashaamjaved2669 4 жыл бұрын
The way you say violation makes it sound like not following the MECE principle is like breaking the law lmao
@FirmLearning
@FirmLearning 4 жыл бұрын
Haha well guess it is ;) Thanks for watching! Best, Heinrich
@sandeepsahoo3155
@sandeepsahoo3155 3 жыл бұрын
👍🏽
@FirmLearning
@FirmLearning 3 жыл бұрын
Thank YOU!! Heinrich
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