Want to Be a Consultant? Master These Three Frameworks

Introduction

• Speaker: Davis WN, former bank consultant, founder of 'My Consulting Offer'.
• Objective: Introduce three frameworks crucial for a consulting career and personal life.

Framework 1: 2x2 Matrix

• Definition: A matrix with an x-axis and y-axis forming four quadrants.
• Purpose: Categorize items or ideas into four quadrants based on chosen dimensions.
• Business Example:
  • Prioritize projects by impact (y-axis) and difficulty to implement (x-axis).
  • Evaluate projects to recommend the best one based on quadrant analysis.
• Personal Example:
  • Use to decide activities for making new friends.
  • Axes could be enjoyment level and chance to meet people.

Framework 2: Must Have, Nice to Have

• Definition: Quickly eliminate options by listing must-have and nice-to-have criteria.
• Business Example:
  • Merger and acquisition decisions based on must-have criteria.
  • Evaluate candidate companies against criteria to narrow down choices.
• Personal Example:
  • Choosing an apartment based on location, budget, and amenities.

Framework 3: MEI Framework (Mutually Exclusive, Collectively Exhaustive)

• Definition: Organize or divide items into distinct and comprehensive groups.
• Application:
  • Mutually Exclusive: Item belongs to only one category.
  • Collectively Exhaustive: All items accounted for in categories.
• Business Example:
  • Organize departments for bonus structure ensuring no double bonuses.
• Personal Example:
  • Packing efficiently by categorizing items to ensure nothing is forgotten or duplicated.

Conclusion

• Engagement: Ask viewers which framework they prefer and offer more frameworks via email.
• Consulting Offer: Details about the consulting service provided by Davis WN and his team.
• Success Story: Testimonial about a successful client, Ray, who received offers from multiple consulting firms.

Call to Action

• Free Consultation: Opportunity to book a free call to explore consulting career support.

Note: The frameworks discussed are tools to enhance consulting and personal decision-making processes, providing structured approaches to problem-solving.