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It is a classic caseinterview question, in which a candidate is asked to make an estimate. When a consultant meets with the CEO of a major airline to discuss growth strategy, for example, they may need to do a market sizing to get a grasp of how big the broader market is. It depends on the case. Reading Time: 4 minutes.
I've had several requests to provide an example of a case involving the Capacity Change Framework as described in my caseinterview frameworks article. First, you don't see this kind of case very often. I did 60+ caseinterview questions and never saw this case even once. DEFINITIONS. .
Your client is a low-cost airline headquartered in Philadelphia with frequent service to cities along the East Coast of the United States. Furthermore, this engages you in a conversation with the interviewer as opposed to enduring an uncomfortable silence. What is your recommendation? Is it strictly profit related?
A few months ago, we had the pleasure of interviewing Marc Cosentino at his Santa Barbara home. For those of you who aren’t familiar with Marc, he’s pretty much the Godfather when it comes to caseinterviews. We had a blast getting to meet Marc, the guy who pretty much pioneered caseinterview prep material.
MERGERS have had a ubiquitous presence in the news recently as leaders in the airline , publishing , and telecommunications industries have taken steps to consolidate. Clarifying why your client wishes to undertake the acquisition is a good place to begin, both in a caseinterview and in a real-life consulting engagement.
Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. Then, underneath three of these sub-subsidiaries are, you guessed it, more subsidiaries, such as Seabury Airline Planning Group LLC and Seabury Maritime Corporate Finance LLC.
The prize for best answer was a FREE Consulting Case Bank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you. As we were looking through your responses, we realized you were answering as if you were in an interview – and that’s smart.
Today, we continue Part 2 (see Part 1 here ) of our interview with Charlie, an experienced Harvard grad who took an unusual path into healthcare consulting, yet leveraged his experience and hard prep work into an offer at Putnam. And I think I have the gist of getting a case down, as well as understanding those details.
I believe it has advanced my case cracking skills significantly. Those are of great help as well, especially the ones about "how not to feel nervous on the interview" and "how to get the most from the LOMS" and other tips. What is the best way to summarise/remember the caseinterview question ?
How not to do a consulting case study. I would never accept his answer in a caseinterview from a candidate; I would interrupt the candidate, and press them on why they think thats a reasonable assumption. I interview analysts, and the ones I hire are the ones who are detail oriented, and get the numbers right.
I have previously made the case that the UN’s Sustainable Development Goals (SDGs) have the potential to provide, for the first time, a framework for mobilizing companies to invest in sustainable development in an ongoing and scalable way, while also pursuing their own business interests. .” Make the business case.
However, as we saw with the case of Phonedog vs. Kravitz there is risk in allowing employees to tweet from their own accounts, or tweet from accounts that have their name + your organization’s name in the handle. Interview with Taylor Guitars: The Power of Real-Time Communication.
I received a message just now from someone who works in the airline and cruise ship industries. Given that mindset, what do you do if you run an airline or a cruise ship business? I have no idea if any of this is true, but you’d better believe that if I ran an airline, I would be looking into it. They’re adapting to the trend.
” Take the case of a recent client of mine, an architectural firm. It can even involve immersing yourself in the stakeholder experience by going through it, e.g. the senior executives of an airline might travel at the back of the plane to get a feel for what economy passengers experience. Be prepared to adjust.
This way I can show the interviewer I am 100% hypothesis driven and I don't ask any irrelevant data. Would you recommend this and what is your view about this as a past interviewer? I was wondering what your view is on this method to apply to cases, this might help to form a HYPOTHESIS and ASK ONLY data which you 100% need.
Below we provide a selection of sample consulting case questions. Your client is a low-cost airline headquartered in Philadelphia with frequent service to cities along the East Coast of the United States. For more information on consulting interviews, please download “ The HUB’s Guide to Consulting Interviews “ ].
Finally, they assess candidates using loosely structured interviews—which are often not calibrated with later performance, and are rife with opportunities for implicit and explicit bias. At Humana, Korn Ferry used case simulations prior to recommending Bruce Broussard as CEO. Competitions.
In these cases, just connecting the work you are doing to these concerns (and showing how they are related for better or for worse) is perceived as valuable. For example, I am writing this post from the airport where Alaska Airlines (the only major airline with a hub in Seattle) had a computer system outage.
Gerd Gigerenzer , director at the Max Planck Institute for Human Development in Berlin, has been making the case for decades that heuristics often outperform statistical models. “In general, if you are in an uncertain world, make it simple,” Gigerenzer said when I interviewed him earlier this year.
Roughly 80% of cases are travel cases. Anything you don’t get to see on the company dime, you can still probably see for free – just in exchange for a portion of your accumulated airline and hotel points. Ian currently offers one-on-one coaching sessions to help you nail your consulting interview. Expect to be top-tier.
A number of my McKinsey friends’ startups succeeded, in some cases wildly so (one of them was StubHub). I suffered from a moderate case of depression and an extreme case of self-doubt. I am going to help out Porter by helping her reach a larger audience (in this case, you). My two back-to-back startup attempts failed.
1to1 Case in Point. This years winners for the Gartner & 1to1 Media CRM Excellence Awards , Intuit and United Airlines, are able to accomplish this in different ways. Intuit also administers a panel of about 10,000 accountants and tax professionals who share their input through in-depth interviews and topical surveys.
Wilson was an industry outsider (he had previously worked as a management consultant and the head of corporate planning at an airline), whom Stemberg described as a “provocateur” and an “in-your-face kind of guy.” In some cases, it pays to tailor the job to the candidate’s unique capabilities.
Members of the hospital’s design thinking team were inspired by something they saw when they boarded a KLM Airline flight: During a pre-flight huddle of the cabin crew, team members introduced each other and then asked each other two questions on flight safety.
Interview an expert. Interviewing a potential client. Case studies. By starting your own podcast, and interviewing other thought-leaders in your industry for your episodes, you’ll become a fantastic resource for your industry. It can be as simple as a phone interview via Skype, which you record and upload to iTunes.
If you can understand German, here is a link to the Michael Lüders Interview on the German Phoenix TV station. In fact this is not an army, it is a foreign legion, in this case a Nato foreign legion which, of course, does not follow the national interests of Ukraine.
The reason this occurs is that these two things happen in a recession: First, some opportunities get destroyed (think: airlines, hotels, restaurants). Members get access to 6 hours of video tutorials on caseinterviews , the actual frameworks I used to pass my interviews, and over 500 articles on caseinterviews.
I’ve admired Ray for many years and was doubly delighted when he was recently announced as the interim CEO of the airline, having been promoted from the role of HR Director. As part of this engagement, we’ve interviewed a range of senior executives (engineers and others) about their careers – the good, the bad and the ugly.
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