705: What is Business Judgement (Case Interview & Management Consulting classics)

705: What is Business Judgement (Case Interview & Management Consulting classics)

You cannot and will not improve your case skills from practicing case alone. "Case skills" refers to a variety of skills including body language, communication and especially business judgement. Business judgement effectively means your ability to make reasonable guesses/inferences in business situations. That largely comes from being well read. This podcast breaks down business judgement further and offers advice to improve this skill.

Here are some free gifts for you:

Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach

McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf

Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Episoder(834)

115: Important Case Interview Elements to Consider

115: Important Case Interview Elements to Consider

Analyzing customers, competitors and the market: 3 areas which must always be considered in cases, even when it is not clear why. In essence, all businesses exist to serve customers. A business cannot...

24 Jan 20139min

114: Start Math Problems From A Known Variable

114: Start Math Problems From A Known Variable

The importance of starting estimation cases from a known versus unknown variable cannot be underestimated. This may sound like a strange piece of advice, but makes a monumental difference on the ease ...

18 Jan 20135min

113: Four Classic Math Mistakes In Cases

113: Four Classic Math Mistakes In Cases

Candidates mess up calculations for 4 primary reasons: missing units, complicated equations, weak visual layout and poor technique. Notice that we ignore speed and arithmetic. There is a reason for th...

12 Jan 20138min

112: Why You Need Case Interview Structures

112: Why You Need Case Interview Structures

Despite the words "framework" and "structure" used so often, most candidates cannot explain what it is and why it is used. Unless you know the latter, you tend to misuse the framework and incorrectly ...

6 Jan 201311min

111: Drowning in Case Feedback

111: Drowning in Case Feedback

We find many candidates drown in feedback. They want as much good feedback as possible and speak to as many people as possible thereby receiving lots of detailed and sometimes average feedback on thei...

31 Des 20128min

110: Disclosure Rules on Resumes

110: Disclosure Rules on Resumes

Candidates sometimes divulge too much confidential details, or too little in interviews, resumes, cover letters and LinkedIn profiles. These are the rules for disclosure. It is important to remember t...

25 Des 20127min

109: Build Hypotheses With Decision Trees

109: Build Hypotheses With Decision Trees

Building hypotheses is very difficult. Most candidates in a McKinsey, BCG et al interview would not know when to build the hypothesis, what comprises the hypothesis, how to test if it is MECE etc. Thi...

19 Des 20129min

108: Speed is the Wrong Focus Area

108: Speed is the Wrong Focus Area

Far too many candidates focus on being faster. That is another myth. Speed is an outcome of having good technique. So if you are slow, deconstruct your technique, analyze weaknesses and develop a new ...

13 Des 20128min

Populært innen Business og økonomi

lydartikler-fra-aftenposten
stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
finansredaksjonen
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
utbytte
stormkast-med-valebrokk-stordalen
morgenkaffen-med-finansavisen
okonomiamatorene
liberal-halvtime
rss-politisk-preik
rss-markedspuls-2
lederpodden
rss-pa-konto