The MECE principle, which stands for Mutually Exclusive, Collectively Exhaustive, can be used to analyze business trends by ensuring that all potential factors are considered without overlap. For instance, in the context of analyzing company profits, the MECE principle can be applied to break down profits into revenue and costs. Revenue can further be broken down into units sold and price per unit, while costs can be broken down into fixed and variable costs. This ensures a comprehensive analysis of all factors affecting profits.
How can you make every idea count and have every problem efficiently solved? Our McKinsey MECE Princ...
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