Jasper Polak Profile picture
Jun 13 12 tweets 4 min read
Most companies suck at solving problems

So they pay McKinsey $500K+ to do it for them

Here’s their 7-step problem-solving framework (for free):
1) Define the problem

Take the time to clearly describe the issue:
• Know your audience
• Be as specific as possible
• Know what success looks like
• Is 80/20 enough, or do you need a perfect answer?
• Define boundaries & constraints (time, scope, people)
2) Break it down 1/2

Next, identify possible paths to a solution.
• List the possible causes of the problem
• Brainstorm solutions to (parts of) the problem
• Find all the assumptions in your solutions (gaps)

You have now identified what you need to find out.
2) Break it down 2/2

Structure your approach with a hypothesis tree:
• Take the gaps you identified
• Form hypotheses of how to close the gaps
• Break hypotheses down into questions to answer

Make sure nothing overlaps, while not missing anything.
3) Prioritize

Set priorities by plotting the solutions in a matrix:
• Prioritize high ability to influence & high impact
• Consider something valuable & hard (top left)
• Try some quick wins (bottom right)
• Don't waste time on bottom left

Optimize for impact & results!
4) Plan

Sketch out all steps to take:
• Identify research methods & sources
• Set a timeline & expectations
• Think who could help you

Always keep the outcome in mind:
If you stopped now, what would you recommend?
Update this throughout your analysis.
5) Analyze

Time to find data, check facts & test:
• Seek feedback to cover blind spots & biases
• Always start with summarized information
• Go deep only if it adds extra value
• Shortcut: ask an expert
• Validate data sources
• ❤️ Google

Time to process that information!
6) Synthesize

Build up your arguments & recommendation:
• Gather your answers, facts & data
• Form supporting arguments
• Draw your conclusion

You're almost there - now you have to sell your solution!
7) Tell the story

Now it's time to communicate your findings.

Tell a story that links your conclusion back to the problem.

Back up your recommendation with arguments.

Support it with sources, facts, and data.

Persuade with emotion, convince with facts.
Want to go deeper?

• Two former McKinsey partners wrote a great book about it
• Easy to read & full of practical examples

amazon.com/Bulletproof-Pr…
Want to put this into action with me?

Retweet this thread and comment with your business challenge.
(Must be following)

I'll pick three, and we'll do a free 45min problem-solving session.

• You move your issue forward
• I get ideas for future content

Everyone wins!
If you found this valuable, you'll love what's coming next.

• Follow @polak_jasper & make execution your unfair advantage
• Retweet this thread & help your audience to get ahead

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More from @polak_jasper

Jun 12
Unleash the power of saying no gracefully:
Saying no is hard.

You'd think that the closer you are to someone, the easier it is.

Ouch. It's not.

They are the ones you want to hurt least.

But if you don't prioritize your own life, someone else will.
There are three things you should say no to:

1. Not allowed
2. Can't be done
3. Should not be done (by you, right now, etc.)

The first one is easy. Just no.

The other two require a little check-in.
Read 9 tweets
Jun 10
Every CEO has a million-dollar strategy.

Few have a million-dollar execution.

Here’s how you do it:
1) Repeat your strategy at every opportunity.

2) Assess yourself, your team, and your organizational readiness for change. If necessary, address that first.

3) Work in 90-day sprints. It's OK to not exactly know what you'll do in 7 months.
4) Every quarter, pick 3-5 next steps from your strategy & annual goals to focus on.

5) Ensure alignment & buy-in from your board & management team. One team, one answer.

6) Break the next steps down into projects, and projects into tasks.
Read 7 tweets
Jun 8
Building a business without a plan is traveling without a map.

It's expensive, frustrating, and you get nowhere.

These 6 elements guide your process:
Values

• Aspirational
• Set for 10+ years

What do you stand for?

• Values are your DNA, principles, and beliefs
• The basis for your culture, explains how things work here

Adobe: genuine, exceptional, innovative, involved.
Vision

• Aspirational
• Set for 10+ years

What do you aspire to achieve?

• Describes your hopes and ambitions
• Shows what success in the future world looks like

SpaceX: establishing a permanent human presence on Mars.
Read 9 tweets
Jun 6
If your business is not growing, it's dying.

Let May's best growth threads guide you:
Read 20 tweets
Jun 2
Profile created: January 21st

February: +29 followers
March: +53
April: +151
May: +5,595 🤯

Save yourself 3 months. Copy what worked for me:
I'm not a Twitter expert. I'm just a guy trying to make it work.

Just like you.

Let's look at the 5 main steps I followed:

1) Get the basics in place
2) Invest in yourself
3) Find your crew
4) Write like a human
5) Compound momentum
1) The basics

• Build a relevant profile
• Follow the right people
• Start engaging & posting

@IAmClintMurphy wrote a deep dive on this:
Read 13 tweets
Jun 1
From 8 World Championships to the iconic headset smash.

Mercedes' Toto Wolff is the most prolific Formula 1 team boss.

Here's how he did it (and what you can learn from his leadership):
Toto grew up in Vienna as the child of two immigrants.

After losing his father to cancer at age 8, he learned early on what it's like to take responsibility.

His love for business started by selling candles as a teenager.

Today he's worth $500M.
At age 17, he got his first smell of racing.

He competed in almost all classes, from rally to DTM.

He's seriously fast: he held the Nürburgring lap record in 2009.

But he never made it to Formula 1, until...
Read 13 tweets

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