527: Sample answer for "Talk about a leadership example" (Case Interview & Management Consulting classics)

527: Sample answer for "Talk about a leadership example" (Case Interview & Management Consulting classics)

For this episode, let's revisit a Case Interview & Management Consulting classic where we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril.

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

Avsnitt(818)

261: McKinsey US No, McKinsey Moscow Yes, Wants US

261: McKinsey US No, McKinsey Moscow Yes, Wants US

This very insightful and unusual podcast discusses the unique situation 5 of our clients face.

4 Maj 201515min

260: Billable Hours Are Not Bad

260: Billable Hours Are Not Bad

This podcast addresses a major misunderstanding about billable hours. The concept is not bad at all, but works only in certain circumstances. This podcast carefully explains those circumstances, and crucially examines how billable hours hurts consulting assignments. It has nothing to do with the focus on profits, but rather who has the focus on profits.

28 Apr 201512min

259: What Happened to Irina?

259: What Happened to Irina?

In September 2013 we published the inspiring story of Irina who worked her way from a Ukraine vocational school into McKinsey. This podcast tracks her progress since joining McKinsey and explains the mistakes she made which ultimately led to her leaving McKinsey.

22 Apr 201518min

258: Using TCO 1 and 2

258: Using TCO 1 and 2

This is a short podcast offering subscribers advice on how to best use the enormous amount of information in both seasons. In particular, the podcast offers some important reminders and explains how the watch cases will allow you to write the strategy MBA exam at any major business school.

16 Apr 20156min

257: The Trap Of Being Too Logical

257: The Trap Of Being Too Logical

In Season 2 of The Consulting Offer, you will regularly see Alice breaking down the case problem into the correct logical components. She is impressive at doing this. However, you will also see Kevin pushing her to offer more. This podcast explains what Kevin was looking for. In other words, being logical in a case interview is insufficient to impress a partner in the final round interviews.

10 Apr 20159min

256: 2nd and 3rd Order Insights

256: 2nd and 3rd Order Insights

We insist candidates read extensively to improve their business judgement. However, we find candidates really struggle to demonstrate they have indeed read the article, and more importantly, have improved their thinking in some way as a result of reading the article. This counter-intuitive piece demonstrates how to generate 2nd, 3rd and 4th order insights when communicating with partners.

4 Apr 201511min

255: Superior Merger and Acquisition Case Method

255: Superior Merger and Acquisition Case Method

Candidates approach Merger and Acquisition cases with a very generic framework where Merger and Acquisition and JV's tend to be lumped together. This podcast demonstrates the power of effectively framing the case problem and introduces candidates to a very elegant / effective technique to develop strategies to capture the profits from a market. In fact, this technique demonstrates why an Merger and Acquisition is the absolute last resort to enter a market.

29 Mars 201515min

254: How to Analyze Articles

254: How to Analyze Articles

This podcast teaches readers how to extract up to 80% of the useful information about an article before you even read the article. The podcast first explains the difference between news, facts and opinions, before showing you the steps to analyze an article. Finally, the podcast uses the recent New York Times article about McKinsey and Dominic Barton to apply these very same concepts. You will see that what McKinsey what you to read from this article is very different from the information you should have extracted.

23 Mars 201526min

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