Consulting Glossary

Strategy1 min

80/20 Rule

80/20 Rule states that a small number of causes often drive the majority of outcomes, helping prioritize high-impact actions.

Strategy1 min

80/20 Rule

80/20 Rule states that a small number of causes often drive the majority of outcomes, helping prioritize high-impact actions.

Strategy1 min

MECE

MECE means mutually exclusive, collectively exhaustive, a structuring principle used to organize ideas without overlap or gaps.

Strategy1 min

MECE

MECE means mutually exclusive, collectively exhaustive, a structuring principle used to organize ideas without overlap or gaps.

Strategy1 min

Competitive Advantage

Competitive advantage refers to a company’s ability to outperform competitors by delivering greater value through cost leadership, differentiation, or unique strategic positioning.

Strategy1 min

Competitive Advantage

Competitive advantage refers to a company’s ability to outperform competitors by delivering greater value through cost leadership, differentiation, or unique strategic positioning.

Strategy1 min

Value Chain Analysis

Value Chain Analysis identifies and evaluates business activities that create value, helping companies optimize operations and build competitive advantage through cost or differentiation.

Strategy1 min

Value Chain Analysis

Value Chain Analysis identifies and evaluates business activities that create value, helping companies optimize operations and build competitive advantage through cost or differentiation.

Strategy1 min

SWOT Analysis

SWOT Analysis evaluates a company’s strengths, weaknesses, opportunities, and threats to support strategic planning and decision-making in competitive business environments.

Strategy1 min

SWOT Analysis

SWOT Analysis evaluates a company’s strengths, weaknesses, opportunities, and threats to support strategic planning and decision-making in competitive business environments.

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Synergy

A combined benefit created when two businesses together generate more value than they could achieve independently through scale, capabilities, revenue, or costs.

Strategy1 min

Synergy

A combined benefit created when two businesses together generate more value than they could achieve independently through scale, capabilities, revenue, or costs.

Strategy1 min

Issue Tree

Issue tree is a problem-solving framework that breaks a broad question into smaller MECE components for structured analysis.

Strategy1 min

Issue Tree

Issue tree is a problem-solving framework that breaks a broad question into smaller MECE components for structured analysis.

Strategy1 min

Hypothesis-driven

Hypothesis-driven problem solving starts with an informed assumption, then tests evidence quickly to focus analysis efficiently.

Strategy1 min

Hypothesis-driven

Hypothesis-driven problem solving starts with an informed assumption, then tests evidence quickly to focus analysis efficiently.

Strategy1 min

Porter’s Five Forces

Porter’s Five Forces analyzes industry competitiveness by evaluating supplier power, buyer power, competitive rivalry, threat of substitution, and threat of new entrants.

Strategy1 min

Porter’s Five Forces

Porter’s Five Forces analyzes industry competitiveness by evaluating supplier power, buyer power, competitive rivalry, threat of substitution, and threat of new entrants.

Strategy1 min

BCG Matrix

BCG Matrix is a portfolio management framework that classifies business units into stars, cash cows, question marks, and dogs based on market growth and share.

Strategy1 min

BCG Matrix

BCG Matrix is a portfolio management framework that classifies business units into stars, cash cows, question marks, and dogs based on market growth and share.

Strategy1 min

Low-hanging Fruit

Low-hanging fruit refers to easy, high-impact opportunities that can be captured quickly with minimal effort or investment.

Strategy1 min

Low-hanging Fruit

Low-hanging fruit refers to easy, high-impact opportunities that can be captured quickly with minimal effort or investment.

Strategy1 min

Boil the Ocean

Boil the ocean means attempting an overly broad or unnecessary analysis, often wasting time and resources without clear value.

Strategy1 min

Boil the Ocean

Boil the ocean means attempting an overly broad or unnecessary analysis, often wasting time and resources without clear value.

80/20 Rule

80/20 Rule

MECE

MECE

Competitive Advantage

Competitive Advantage

Value Chain Analysis

Value Chain Analysis

SWOT Analysis

SWOT Analysis

Synergy

Synergy

Issue Tree

Issue Tree

Hypothesis-driven

Hypothesis-driven

Porter’s Five Forces

Porter’s Five Forces

BCG Matrix

BCG Matrix

Low-hanging Fruit

Low-hanging Fruit

Boil the Ocean

Boil the Ocean

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