The MECE principle, which stands for Mutually Exclusive, Collectively Exhaustive, can be used to optimize business operations by ensuring that all possible scenarios are considered and that there is no overlap between them. This can be applied in various aspects of business operations. For instance, in the context of calculating company profits, the MECE principle can be used to break down the components of profit into revenue and costs, and further into units sold, price per unit, fixed cost, and variable cost. This ensures that all factors affecting profit are considered (collectively exhaustive) and that they do not overlap (mutually exclusive).
How can you make every idea count and have every problem efficiently solved? Our McKinsey MECE Princ...
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