The MECE Principle, which stands for Mutually Exclusive and Collectively Exhaustive, can be used in strategic planning to ensure that all potential issues or factors are considered and that there is no overlap in categories. This principle can be applied in creating a Profitability Tree, where each branch represents a different factor affecting profitability. Each branch is mutually exclusive, meaning they do not overlap, and collectively exhaustive, meaning all possible factors are considered. This allows for a thorough analysis of company profits.
How can you make every idea count and have every problem efficiently solved? Our McKinsey MECE Princ...
Download template