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1、PROBLEM SOLVING WITH THE MCKINSEY METHODMembrane, For Better TomorrowMembrane, For Better TomorrowMCKINSEY PROBLEM SOLVING APPROACHIntuitionDataProblemSolutionBusiness Need Competitive Organizational Financial OperationalAnalyzing Framing Designing Gathering InterpretingPresenting Structure Buy-inIm
2、plementation Dedication Reaction Completion IterationLeadership Vision Inspiration DelegationManaging Team Client SelfFocus of todays discussionFRAMING THE PROBLEM KEY TIPS Start with structure, not data Break the problem into “MECE” parts (using issue trees) Form a sound hypothesis as to the answer
3、 Identify what conditions are necessary and sufficient to prove the hypothesis (using hypothesis trees)Membrane, For Better TomorrowMembrane, For Better TomorrowFRAMING THE PROBLEM ISSUE TREE EXAMPLEProblem: How can the Acme Widget Company increase profits from its existing business lines?Membrane,
4、For Better TomorrowMembrane, For Better TomorrowFRAMING THE PROBLEM ISSUE TREE EXAMPLEHow can Acme increase profits from existing business lines? Membrane, For Better TomorrowMembrane, For Better TomorrowFRAMING THE PROBLEM ISSUE TREE EXAMPLEHow can Acme increase profits from existing business lines
5、? From WidgetsFrom Thrum-mats From GrommetsWhich Business Lines?Membrane, For Better TomorrowMembrane, For Better TomorrowFRAMING THE PROBLEM ISSUE TREE EXAMPLEHow can Acme increase profits from existing business lines? From WidgetsFrom Thrum-mats From GrommetsIncrease RevenuesDecrease ExpensesWhich
6、 Business Lines?How?Membrane, For Better TomorrowMembrane, For Better TomorrowFRAMING THE PROBLEM ISSUE TREE EXAMPLEHow can Acme increase profits from existing business lines? From WidgetsFrom Thrum-mats From GrommetsIncrease RevenuesDecrease ExpensesDecrease raw material costsDecrease labor costsDe
7、crease overhead costsWhich Business Lines?How?How?Membrane, For Better TomorrowMembrane, For Better TomorrowFRAMING THE PROBLEM ISSUE TREE EXAMPLEHow can Acme increase profits from existing business lines? From WidgetsFrom Thrum-mats From GrommetsIncrease RevenuesDecrease ExpensesDecrease raw materi
8、al costsDecrease labor costsDecrease overhead costsNegotiate wage concessionsImplement a labor-saving production processWhich Product Lines?How?How?How?Negotiate higher productivity quotasFRAMING THE PROBLEM ISSUE TREE ASSIGNMENTProblem: How can I have more money at the end of each month without inc
9、urring debt?Membrane, For Better TomorrowMembrane, For Better TomorrowISSUE TREES VS. HYPOTHESIS TREES Issue trees identify all potential ideas Issue trees ask “How” we could meet a desired outcome Issue trees are excellent for organizing ideas in a “MECE” manner Complete issue trees uncover all pot
10、ential ideas Hypothesis trees focus and build up an argument or conclusion Hypothesis trees ask “Why” we believe something to be true Hypothesis trees are excellent for narrowing down investigation to essentials Complete hypothesis trees build up a complete argument Hypothesis trees focus on the “so
11、 what” of any data that is presentedMembrane, For Better TomorrowMembrane, For Better TomorrowFRAMING THE PROBLEM HYPOTHESIS TREE EXAMPLEHypothesis: We can increase the profitability of the Acme Widget Company through a streamlined production process for thrum-mats.Membrane, For Better TomorrowMembr
12、ane, For Better TomorrowFRAMING THE PROBLEM HYPOTHESIS TREE EXAMPLEWe can increase thrum-mat profitability with the new production process. Membrane, For Better TomorrowMembrane, For Better TomorrowFRAMING THE PROBLEM HYPOTHESIS TREE EXAMPLEWe can increase thrum-mat profitability with the new produc
13、tion process. It will reduce our costs.Our organization can implement the necessary changes.We can maintain product quality while implementing the process.Why?Membrane, For Better TomorrowMembrane, For Better TomorrowFRAMING THE PROBLEM HYPOTHESIS TREE EXAMPLEWe can increase thrum-mat profitability
14、with the new production process. It will reduce our costs.Our organization can implement the necessary changes.We can maintain product quality while implementing the process.The process does not require new facilities.The process does not require new skills.Why?Why?FRAMING THE PROBLEM HYPOTHESIS TRE
15、E ASSIGNMENTHypothesis: The best way for me to have more money at the end of the month is to spend less through comparison shopping.DESIGNING THE ANALYSIS KEY TIPS Lay out the issues in a written workplan by priority Identify the essential analyses necessary to draw conclusions on each issue Disrega
16、rd analyses that are “interesting” but not essential to prove/disprove the hypothesis Avoid time-consuming analyses designed for more precision than necessary Begin each analysis with the end (specific end products and timing) in mindDESIGNING THE ANALYSIS WORKPLAN EXAMPLEIssue/HypothesisCan we impl
17、ement the new production process? YesDoes the process require new facilities? NoIf it does require new facilities, can we acquire them economically? YesAnalysesTechnical specificationsList of facilities that meet new criteriaMap of “facilities gap”Sources of required facilities/equipmentCost to fill
18、 gapsEffect on project rate of returnData SourcesArticles, interviewsFacilities management, interviewsFacilities management, thrum-mat line supervisors, interviewsOperations, trade publicationsOperations, contractors, interviewsFinance department, prior analysisEnd ProductChartListChartListTableSpre
19、adsheetResponsibilityTomTomBelindaBelindaBelindaTerryDue dates3-Jun5-Jun7-Jun7-Jun10-Jun12-JunGATHERING THE DATA KEY TIPS Use the workplan to focus the search Search the web and other public sources for essential facts Identify and interview experts to uncover hard-to-find facts and deeper insights
20、Conduct primary research only if unavoidableMembrane, For Better TomorrowMembrane, For Better TomorrowINTERPRETING THE RESULTS KEY TIPS Look for the 80/20 opportunities Always ask, “whats the so what?” Perform sanity checks Draw a chart for each insight Dont make the facts fit your hypothesis Pull t
21、ogether “the story”Membrane, For Better TomorrowMembrane, For Better TomorrowBACKUPMembrane, For Better TomorrowMembrane, For Better Tomorrow22ISSUE TREE SAVING MONEYHow?How?. . . How?How?How can I have more money at the end of each month without incurring a debt?Increase incomeReduce expensesReceiv
22、e a windfallReceive more $ from investmentsReceive more $ from workPay less for same amount of itemsBuy lessLegallyIllegallyWork more hoursMake more per hourBuy lower quality itemsShop around for specialsFoodClothingUtensilsEntertainmentTravelOtherBetter paid industryHigher job levelAdditional jobOvertimeWin lotteryInherit23HYPOTHESIS-DRIVEN TREE SAVING MONEYThe best way
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