357: When business insight is less important?
OUR WEBSITE! https://www.firmsconsulting.com Free strategic thinking training episodes here: https://www.firmsconsulting.com ▽►CLICK THE SHOW MORE BUTTON◀▽ An episode 357 of Case Interviews and Management Consulting iTunes podcast is here, "When business insight / strategic insight / strategic thinking is less important?" Case Interviews and Management Consulting podcast is ranked among 5-10 top for careers in many countries worldwide. Enjoy it and let us know your thoughts. Cheers, Kris (CEO, FIRMSconsulting.com) https://www.firmsconsulting.com/kris/ ►Our FC Insiders Content Website: https://www.strategytraining.com ►Our New Premium Members Content Website: https://www.strategytv.com ►Become Premium Member Here: https://www.firmsconsulting.com/product/premium/ ►Strategy Skills Podcast: https://podcasts.apple.com/us/podcast/strategy-skills-podcast-management-consulting-strategy/id1021817294 ►Management Consulting & Case Interviews Podcast: https://podcasts.apple.com/us/podcast/case-interview-preparation-management-consulting-strategy/id904509526 ►Building and Running a Consulting Firm Podcast: https://podcasts.apple.com/us/podcast/management-consulting/id1478201679?mc_cid=8582ee4e54&mc_eid=[UNIQID] ►Facebook: https://www.facebook.com/Firmsconsulting/ ►Facebook groups: https://www.facebook.com/groups/strategyskills/ and https://www.facebook.com/groups/firmsconsulting/ ►Instagram (company): @firmsconsulting ►Instagram (Kris's personal): @kris.safarova ►Twitter: @firmsconsulting ►Kris's bio: https://www.firmsconsulting.com/kris/ ►Book Michael mentioned (paid link) - https://amzn.to/2S5Wd3u Marketing Saves the World, Bill Matassoni’s Memoir (Ex-McKinsey senior partner and ex-BCG senior partner, former McKinsey world-wide head of marketing). ►Recommended books (paid link) - https://www.amazon.com/shop/firmsconsulting Our e-mail for business inquiries: email@example.com — This video is all about business insights, the power of insight, strategic insight, business insight, business insights analyst, business insights essentials, business insight and analytics, good insight, great insight, valuable insights, your insight, an insight, more insight, my insights, insight business, strategic thinking, strategic thinking skills, strategic thought, develop strategic thinking, strategic thinking leadership, strategic thinking tools, becoming a strategic thinker, strategic and analytical thinking, strategic thinking and leadership, developing a strategic mindset, be more strategic, strategic thinking in the workplace, critical and strategic thinking, strategic and critical thinking, teaching strategic thinking, strategic thought process, thinking more strategically, strategic management thinking, creative and strategic thinking, thinks and acts strategically, becoming more strategic, strategic thinking for dummies, the power of strategic thinking, being strategic at work, being a strategic thinker, strategic thinking and decision making, a strategic thinker, strategic analytical thinking, thinking analytically and strategically, strategic thinking at work, strategic thinking and management, strategic and creative thinking, insightful. #businessinsights #strategicinsight #businessinsight
10 Nov 2019
185 Mining Lessons
In this podcast, by the editor, we discuss the very counter-intuitive manner in which McKinsey and BCG partners manage engagements, teams and clients. We present 5 crucial differences which may seem nuanced, but have a powerful ripple effect in managing client relationships.Set in the Brazilian interior, this book follows an engagement team as they assist Goldy, a large Brazilian gold miner, in diagnosing and fixing deep and persistent organisational issues. This book will follow an engagement team over an 8 week assignment and explain how they successfully navigate a challenging client environment, develop hypotheses, build the analyses and provide the final recommendations. It is written so the reader may understand, follow and replicate the process.The book is 252 pages in length and written by former management consulting partners and case leaders. This is the only consulting guide taking readers on a day-by-day and step-by-step journey through a complete engagement. MBA students contemplating a career in management consulting will find this book to a useful companion introduction. Consultants can learn the techniques of the leading management consulting firms.This book contains the 252-page book and a single power point file of the material used in the book.
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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. This simple technique is one way to build hypotheses and used on real consulting engagements. It was developed to help candidates prioritize their analyzes and ensure the hypotheses are MECE. When practicing this technique note that the development of the decision tree must be done quickly and cleanly.
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107 Demand Side Estimation Myth
The myth of demand side estimation cases is the greatest mistake taught in case books worldwide and is probably the worst technique a candidate should be using. Candidates around the world are taught that all estimation cases are market sizing cases and all market sizing cases must be done from the demand side. The problem is that not all estimation cases are market sizing cases and not all market sizing cases should be done from the demand side.Fortunately, it is easy to fix
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