By Victor Cheng
In Case Interview secrets and techniques, you'll realize step by step directions on find out how to dominate what many deliberate to be the main complicated, so much tough, and such a lot intimidating company task interview within the world—the notorious case interview. Victor Cheng, a former McKinsey administration advisor, finds his confirmed, insider's approach for acing the case interview. Having for my part secured task deals from McKinsey, Bain & corporation, computer screen, L.E.K, Oliver Wyman, and A.T. Kearney, he has additionally been a McKinsey case interviewer—providing you with a hands-on, real-world standpoint on what it particularly takes to land task offers.
Cheng’s protégées paintings in the entire significant method administration consulting corporations, together with McKinsey, The Boston Consulting crew, Bain & corporation, display screen corporation, A.T. Kearny, Oliver Wyman, L.E.K, Roland Berger, Accenture, and Deloitte, in addition to within the strategic making plans departments of various Fortune 500 businesses. even if you’re an undergraduate, MBA, PhD, or experienced-hire applicant candidate, you’ll discover:
What case interviewers fairly say approximately you at the back of closed doorways yet wouldn’t dare inform you—until now
The sophisticated but particular functionality ameliorations that separate those that get administration consulting deals from those that don’t
The 10 greatest blunders applicants make in case interviews (and tips on how to steer clear of them)
The three particular issues interviewers anticipate within the first five mins of a case that frequently make a decision the result at the spot
An insider’s tackle what interviewers particularly search for and why—and the best way to supply them what they wish
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Additional resources for Case Interview Secrets: A Former McKinsey Interviewer Reveals how to Get Multiple Job Offers in Consulting
Similarly, when working with CEO clients, be extremely respectful of their administrative assistants. If you’re a jerk, administrative assistants can make life much more difficult for you. ) The Interviewer’s Mind-Set To understand the interviewer’s mind-set, you need to understand a concept called process excellence. In the context of a case interview, process excellence is when a candidate is consistently able to follow a problem-solving process successfully over and over again. It’s the idea of doing something the same way each time.
Thus, one commonly used issue tree deconstructs profits into component parts, enabling you to analyze each component to identify the root, or underlying, cause of the profitability problem. Because this is a somewhat standard analysis, we call this the profitability framework. Issue tree: A logical argument or structure designed to test the validity of a hypothesis Framework: An issue tree template used to solve common business problems (must be customized on a case-by-case basis) The Structure of an Issue Tree As noted in Chapter 7, the term issue tree comes from the way such a logical structure looks—like a tree on its side—when diagrammed on paper: Figure 3: Issue Tree Diagram An issue tree, which is also sometimes called a logic tree, is a logical argument, the validity of which can be tested via data.
I analyzed Component 1 (regarding market growth) and found its support for my hypothesis to be mixed. I then analyzed Component 2 of my issue tree (regarding the client’s competitive advantage) and found its support for my hypothesis to be unfavorable. What I did next was subtle—yet profoundly important: I stepped back from the branch-level analysis and integrated everything from the first two branches of my issue tree from a big-picture perspective. I then reconsidered the logic of my analysis to determine under what conditions my intended revisions to the hypothesis could be false.
Case Interview Secrets: A Former McKinsey Interviewer Reveals how to Get Multiple Job Offers in Consulting by Victor Cheng