
Cracked It!: How to Solve Big Problems and Sell Solutions Like Top Strategy Consultants: Summary & Key Insights
by Bernard Garrette, Corey Phelps, Olivier Sibony
About This Book
Cracked It! is a practical guide that teaches readers how to tackle complex problems and communicate solutions effectively, using the structured thinking methods employed by top strategy consultants. The authors, professors at leading business schools, combine theory and practice to offer a step-by-step approach that helps develop problem-solving and persuasion skills in business contexts.
Cracked It!: How to Solve Big Problems and Sell Solutions Like Top Strategy Consultants
Cracked It! is a practical guide that teaches readers how to tackle complex problems and communicate solutions effectively, using the structured thinking methods employed by top strategy consultants. The authors, professors at leading business schools, combine theory and practice to offer a step-by-step approach that helps develop problem-solving and persuasion skills in business contexts.
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This book is perfect for anyone interested in strategy and looking to gain actionable insights in a short read. Whether you're a student, professional, or lifelong learner, the key ideas from Cracked It!: How to Solve Big Problems and Sell Solutions Like Top Strategy Consultants by Bernard Garrette, Corey Phelps, Olivier Sibony will help you think differently.
- ✓Readers who enjoy strategy and want practical takeaways
- ✓Professionals looking to apply new ideas to their work and life
- ✓Anyone who wants the core insights of Cracked It!: How to Solve Big Problems and Sell Solutions Like Top Strategy Consultants in just 10 minutes
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Key Chapters
In organizations everywhere, people jump prematurely to solutions. They equate movement with progress, and data gathering with insight. However, when problems are ill-structured—ambiguous, multifaceted, or shaped by politics—these ad hoc approaches collapse. Traditional problem-solving fails not because people lack intelligence but because they lack structure. Managers often confuse symptoms with causes, apply earlier experiences to novel contexts, or succumb to confirmation bias by seeking evidence that supports predefined conclusions.
We’ve watched countless teams waste months chasing the wrong issue because no one paused to ask, “What exactly are we solving for?” A frequent example comes from strategic transformations. A company suffering declining profitability might assume it has a cost problem when, in reality, it faces a positioning crisis. Another might attempt to launch new products to reignite growth, yet its true barrier lies in customer perception or sales execution. Without a structured approach that forces definition, diagnosis, design, and disciplined delivery, such misalignments are inevitable.
Consulting-style thinking succeeds because it introduces rigor where intuition dominates. It imposes a sequence: separating problem identification from solution generation and ensuring recommendations are evidence-based. Consultants think in hypotheses—not because they want to sound clever, but because hypotheses create focus. They promote testable ideas instead of scattered data collection. This precision breeds both analytical strength and persuasive clarity.
At the heart of our method lies a four-step approach that top strategy consultants use instinctively but systematically.
The first step, *Define*, ensures you frame the right problem. Every great project begins here, with the discipline to challenge the initial question. A problem statement must be specific, actionable, and meaningful to decision-makers. If you misdefine your challenge, all subsequent analysis is wasted effort. To refine the definition, we encourage clarifying objectives, understanding stakeholders, and confronting assumptions. Consultants often reframe a client’s starting request, transforming something vague—such as “We need a new growth strategy”—into something analytical: “How can we increase our share in market X without eroding margins?”
*Diagnose* follows. Once the right problem is articulated, you must understand its root causes. This is where decomposition tools such as issue trees and MECE logic come in. Consultants break problems into mutually exclusive, collectively exhaustive components, ensuring every dimension is covered once—and only once. From there, hypotheses guide data collection, allowing focused analysis rather than open-ended research. The goal of diagnosis is insight, not information.
In *Design*, the process shifts from analysis to creativity anchored in evidence. You generate solution options, test them against defined criteria, and develop a coherent recommendation. Contrary to myth, consultants are not mechanics following a checklist but creative problem solvers who use structure to unleash imagination. Analytical rigor guards against untested ideas, while creativity ensures viable alternatives are not overlooked.
Finally, *Deliver*. Even the best idea fails if it cannot be sold. This step is about persuasion, storytelling, and influence. Consultants distinguish themselves by their ability to frame a solution in narratives that resonate emotionally as well as rationally. Stakeholders rarely adopt a recommendation simply because it makes sense; they adopt it when they trust the logic, believe in its feasibility, and see their own values reflected in it. Thus, delivery completes the consulting craft. It makes strategy not just correct, but compelling.
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About the Authors
Bernard Garrette is a Professor of Strategy at HEC Paris. Corey Phelps is Dean and Professor at McGill University. Olivier Sibony is a Professor at HEC Paris and a former Partner at McKinsey & Company. All three are recognized experts in strategy and business decision-making.
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Key Quotes from Cracked It!: How to Solve Big Problems and Sell Solutions Like Top Strategy Consultants
“In organizations everywhere, people jump prematurely to solutions.”
“At the heart of our method lies a four-step approach that top strategy consultants use instinctively but systematically.”
Frequently Asked Questions about Cracked It!: How to Solve Big Problems and Sell Solutions Like Top Strategy Consultants
Cracked It! is a practical guide that teaches readers how to tackle complex problems and communicate solutions effectively, using the structured thinking methods employed by top strategy consultants. The authors, professors at leading business schools, combine theory and practice to offer a step-by-step approach that helps develop problem-solving and persuasion skills in business contexts.
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