All procedure consulting hopefuls needs to grasp the case interview. This WetFeet Insider consultant offers pointers on surviving the case interview; a proof of different case varieties, with vintage examples of every; seven perform case questions you should use to perform using your new talents; distinctive examples of ways to respond to each one form of case query, together with pattern interview scripts. BUS037020
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Extra info for Ace Your Case! Consulting Interviews (WetFeet Insider Guide)
Say that you think another approach would be a more productive path to the solution. State what that approach would be. 5. Say, “I’m sorry. Is this a consulting interview? I must have gotten here by mistake. ” Case Interview Copyright 2003 WetFeet, Inc. 45 Consulting Frameworks 103: The Whole Shebang! The final category of consulting frameworks incorporates several of the concepts presented above. These powerful, but complex, frameworks are very useful in providing a comprehensive analysis of a specific industry or opportunity.
However, a very basic understanding of how balance sheets, income statements, and cash flow statements work and what messages they can communicate can be a quite important part of your consulting case interview. WetFeet strongly recommends a quick review; our crash course begins below. Financial statements, like frameworks, are roadmaps. If you can navigate the income statement, balance sheet, and cash flow statement, you’ll be able to cut through the fluff and identify the core issues of many case questions.
A good matrix can communicate a difficult-to-understand concept in a clear and compelling manner. However, even if it doesn’t communicate a particularly exciting message, a good matrix always has the power to wow an unsuspecting client—and consultants just love to do that. 38 Copyright 2003 WetFeet, Inc. One of the most famous consulting matrices is BCG’s Cash Cow 2 x 2, which is used as an analytical tool in product portfolio analysis. It is designed to position a group of products into one of four distinct quadrants: Market Share Low High High Problem Child Cash Cow Dog Low Market Growth Star Case Interview The beauty of this matrix is its simplicity.