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4 Ways to Develop Practical Business Understanding for Consulting

Management Consulted

Many history, English, and art majors, engineers, and law students – all of interest to consulting firms, but lacking in business basics – come to us asking how they can develop their business understanding to prepare for consulting interviews. Next, analyze the data and develop actionable strategies to improve the business.

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IBM Consulting Interviews: Navigating the IBM GBS Maze

Management Consulted

As the next installment in our popular Firm Profile series, we take a look at the evolution, reinvention, and current interview tactics of one of the world’s premier consulting firms – IBM. In 1991, IBM approved a new world-wide services strategy to make IBM a world class services company by 1994. Enjoy the ride!

IBM GBS 203
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Oliver Wyman interview preparation: the inside story

Management Consulted

Oliver Wyman’s strategy consulting practice has made waves specifically in the financial services sector , and beyond as well. Now a subsidiary of Marsh & McLennan, Oliver Wyman is known to give MMC its strong reputation as experts over other insurance providers because of the firm’s focus on strategy. Website: [link].

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Why consulting?

Management Consulted

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.

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4 Steps to a Strong Conclusion in Your Case Interview (Part I)

Tom Spencer

Today I’m going to talk about a very important aspect of the case interview, which is your conclusion to the case problem. So just as you begin the case interview itself by structuring a nebulous business problem, you’re going to want to structure your conclusion as well. Data supported arguments.

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Saving RadioShack

Tom Spencer

Assuming this leads to successful refinancing, what should the strategy be to turnaround and save this iconic company? By comparison, rivals Amazon and Wal-Mart have continuously adapted and maintain a significant competitive advantage in pricing these products due to scale. What strategy can be implemented to save the company?

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How to Develop Insight in a Case Interview

CaseInterview.com

Being insightful in a case interview is an important skill, especially as you get in more competitive environments (like a final round interview). The problem is your resellers are over promising what the product can do, and in comparison, your product is under-delivering. and then just move on with the rest of the case.