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Market sizing is the test of a consultant’s mettle. It is a classic caseinterview question, in which a candidate is asked to make an estimate. A market sizing question literally asks a candidate to estimate the volume or the value of a something. This could be the size of a market or something from left field.
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 the size of the market? What is your recommendation?
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. .
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.
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.
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.
You can choose to go “with” the change in market demand or go “against” it. As painful as it might be to adapt to major shifts in market demand, it’s the only sustainable path forward. You can go “against” a change in market demand that you don't like only up until the point where you run out of cash. I have thousands of beds.
Making communications between your organization and its stakeholders more personal and memorable is so important – for marketing, brand awareness and crisis preparedness. There are two reasons that made “United Breaks Guitars” a crisis for United Airlines, rather than an issue: Remember!
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. Entering a New Market. Your client is a low-cost airline headquartered in Philadelphia with frequent service to cities along the East Coast of the United States. A large Korean electronics company is thinking about entering the market for tablet computers.
So, a decade ago, marketing professor Florian von Wangenheim ( now at the ETH Zurich technical university in Switzerland) and his then-student Markus Wübben ( now an executive at a tech incubator in Berlin) set out, in Wangenheim’s words, to “convince companies to use these models.” What they found surprised them.
Marketing Research Articles. 1to1 Case in Point. Mobile Marketing. Marketing by Permission! Marketing Blog. Sales & Marketing Effectiveness. This years winners for the Gartner & 1to1 Media CRM Excellence Awards , Intuit and United Airlines, are able to accomplish this in different ways. Back towww.1to1media.com.
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.
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.
Consider Staples, the office-supplies retailer, which had tumbled from being the market leader to being a third of the new leader’s size by 1992. In some cases, it pays to tailor the job to the candidate’s unique capabilities. The person’s capabilities should fit the challenges facing the organization at the time.
All businesses, regardless of industry, have become what I call O2O businesses—their primary marketing objectives are focused on driving people online to drive them offline. Jon Jantsch, Duct Tape Marketing. ? ?. Partnership Marketing. Outbound Phone Marketing. Email Marketing. Partnership Marketing.
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). Sometimes, you get lucky because the market moves toward you. Other times, you have to find where the market has shifted toward. economic history. This is playing “defense.”.
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. My lunch-buddy was making the point that this just wouldn’t happen in finance or marketing. “Sir, I think we have a case of human trafficking!
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