What is first principles thinking? What's an example?
Top Awarded Coach | BCG Dubai Project Leader | Master Casing in only 3 Hours | 10y in Consulting | Free Intro Call
Verabrede dich zum Casen über das Meeting-Board, nimm an Diskussionen in unserem Consulting Q&A teil und finde gleichgesinnte Interview-Partner:innen, um dich auszutauschen und gemeinsam zu üben!
Zurück zur Übersicht
12
24
74
65
63
81
58
50
70
50
50
48
44
56
26
7
7
4
Mehr anzeigen
Schreibe die erste Antwort!
Bisher hat niemand auf diese Frage reagiert.
First Principles is a form of problem solving where you take your end objective and work backwards with a fundamental logic to solve the problem. Its an effective way to break down a complex problem into smaller & simpler components.
Here is a common example:
- Grow a company:
- This can be done either organically or inorganically
- If you choose inorganic then the idea will be to evaluate M&A targets
- If you choose organic then the idea will be to grow revenue
- Revenue growth can happen by selling more of the same product or same product with higher price
- If you want to sell more of the same product - you can sell it to your existing customers or new customers
- If you want to sell to new customers they can either be in the same geography or a new geography
- etc. etc.
- keeping chopping at it till you reach the end of the tree
A first principle is a basic proposition or assumption that cannot be deduced from any other proposition or assumption. It is something that is axiomatic.
An example of a first principle (in consulting) is that more profit = better.
I wish more people would be asking about this.
Especially these days, it's the biggest thing you can do to distinguish your performance from that of others.
I see Agrim provided a good answer already, but if you want to do deeper into this, I recently launched a masterclass on this. More about it here:
Masterclass: First Principle Structuring
Best,
Cristian
Hi there,
Can you provide us a bit of context here? Where are you seeing this being referenced?
Jetzt kostenlos anmelden, um alle Antworten zu lesen.
Jetzt kostenlos anmelden, um alle Antworten zu lesen.
Ähnliche Fragen
Consulting
"Why intern and not full-time?"
am 24. Juli 2024
Global
5
1,4k
5 Antworten
1,4k Aufrufe
Consulting
Any MBB offers after maths mistakes?
am 22. Aug. 2024
Global
6
1,7k
6 Antworten
1,7k Aufrufe
Consulting
What do they look in a candidate?
am 24. Aug. 2024
Global
5
2,2k
5 Antworten
2,2k Aufrufe
Consulting
Pursue Master’s or Try for MBB Without It?
am 17. Sept. 2024
Global
6
1,3k
6 Antworten
1,3k Aufrufe
Consulting
Onboarding prep: 1 week left, how to use time wisely?
am 23. Sept. 2024
Global
7
1,4k
7 Antworten
1,4k Aufrufe
Consulting
Preparation for Entry Level MBB
am 24. Sept. 2024
Global
7
1,4k
7 Antworten
1,4k Aufrufe
Consulting
How to increase confidence (on the job)?
am 2. Okt. 2024
Global
5
2,1k
5 Antworten
2,1k Aufrufe
Consulting
Best Time to Apply to MBB as an Experienced Hire
am 2. Okt. 2024
Global
4
2,5k
4 Antworten
2,5k Aufrufe
Consulting
Trading public stocks prohibited in McKinsey?
am 8. Okt. 2024
Global
5
2,5k
5 Antworten
2,5k Aufrufe
Consulting
Which questions to ask over a coffee chat with an MBB consultant?
am 10. Okt. 2024
Global
2
3,3k
2 Antworten
3,3k Aufrufe
Consulting
Usefull courses to do whilst preparing for MBB?
am 30. Okt. 2024
Global
5
1,7k
5 Antworten
1,7k Aufrufe
Consulting
Mckinsey solve test in 3 weeks - how to organise?
am 5. Nov. 2024
Global
2
2,6k
2 Antworten
2,6k Aufrufe
Consulting
Urgent - i have been on the beach for 3 weeks at an MBB, how to turn things around ?
am 1. Dez. 2024
Global
6
1,6k
6 Antworten
1,6k Aufrufe
Consulting
MBB math questions resources
am 14. Apr. 2025
Global
11
700+
11 Antworten
700+ Aufrufe
Consulting
Jumping from Big 4 Strategy to MBB
am 5. Juli 2025
Global
4
100+
4 Antworten
100+ Aufrufe
Consulting
Office Selection - MBB FT Undergrad
am 6. Juli 2025
Global
4
100+
4 Antworten
100+ Aufrufe
Consulting
I can't wrap my head around this one Math question for months...
am 10. Juli 2025
Global
4
100+
4 Antworten
100+ Aufrufe
Verwandtes Produkt
On-the-job Improvement mit Agrim
Verwandter Case
Expertencase von