Cheat Sheet for Top Consulting Frameworks with industry examples- super simplified

Ankita Punjani
Wit & Wisdom
Published in
4 min readDec 13, 2023

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Navigating the consulting landscape can feel like wading through a sea of 100+ frameworks, an overwhelming task for industry professionals, definitely.

Source: Consulting Comedy, Instagram

Drawing from my nearly two-year consulting experience at Bain & Company and endless business plan/case competitions during college, I hope to bring some clarity amidst the chaos before these frameworks drive us crazy with their jargon.

While these frameworks in themselves don’t get replicated to business scenarios directly, however, it’s interesting to note how they serve as intellectual roadmaps, triggering a logical approach to decision-making and organizational development.

Picture them as lenses that enable a focused view of intricate business landscapes. Much like the renowned 80–20 principle, where 80% of outcomes result from 20% of efforts, these frameworks empower consultants to identify and prioritize critical factors that drive success.

Whether you’re a seasoned professional or an aspiring strategist, understanding these frameworks can elevate your ability to navigate the complexities of modern business challenges. Let me simplify a few of these frameworks for you and hopefully in a way that doesn’t bore you, let’s go!

Blue Ocean Strategy:

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Ankita Punjani
Wit & Wisdom

Here to talk about everything from A-Z | Private Equity @Bain • Ex-Investment Banking @JP Morgan Chase • Started adulting @SRCC, Delhi University