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AlixPartners is an international business advisory firm based in Southfield, MI known for its work in corporate turnarounds, bankruptcy assignments and restructuring. Generally regarded as turnaround market leaders, AlixPartners is doing a killer job at taking up more room in the consulting space by strategically hiring a plethora of gurus.
Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. In fact, one of our interview coaches, Michael Hecht, used to work for The Seabury Group and now works for Delta Airlines as a member of their Skymiles team.
When the business landscape changes, how can you turnaround a failing company? Assuming this leads to successful refinancing, what should the strategy be to turnaround and save this iconic company? When faced with a broad turnaround question, it is important to ask a variety of questions to determine the source of the problem.
Because of this, we sat down with consulting veteran Lisa Bright (who is now part of the MC interview coaching team!) The school I was at isn’t one of McKinsey’s core schools, so I had to do a lot of reading online to prepare for the interview, get accustomed to caseinterviews and stuff like that. That was rough.
Note -firmsodeling” done in case work may not be directly comparable to the financial modeling more common at investment banks. This expertise may be as broad as “operations turnaround” and as specific as “benchmarking for insurance companies.” We offer resume editing and interview prep.
1) Sample-Size Problem As of March 5th, 4 pm ET, the United States had: Total Cases: 164 Total Deaths: 11 Friends of mine have said, “Why is everyone freaking out over 11 deaths?” Only 164 cases, that's not bad compared to other countries." The closest proxy metric that’s easy to measure is # of NEW cases today vs. yesterday.
The PARADE Method (tm) is an approach to answering resume-oriented job interview questions. It is an approach I developed that is tailored for answering these questions in job interviews for management consulting, as well as interviews for senior executive positions in industry. Interviewers want to know what you did.
I wanted to take this opportunity to thank you for your immense help, encouragement and guidance throughout my caseinterview preparation process. While going through the caseinterviews , I realized that I enjoyed them and most importantly, that this is something I could do well in.
Through historical research and many interviews, we found several ways in which early stumbles in the organic wine market created marketing problems that the industry still struggles to overcome. The Turnaround. The case of organic wine provides important lessons of what to avoid when starting down this path. Why the difference?
This may include discrete projects completed at arms length, such as due diligence on a transaction, or turnaround projects where consultants are embedded within an organisation. Student consultants have less experience in this regard, and in some cases, rely heavily on their clients to support the engagement.
For instance, the interviewer in a pod cast asks how you accomplished a turnaround for a client or what process was used to save multiple clients. Ego boosting events These can take on many guises. The common denominator is the combination of public attention and a bit of ego massage. You overlook confidentiality because it feels good.
Why are Case Studies used? Note that they are not looking for a “right answer”; they are looking for a “right method” Types of case studies. Here are some examples of different approaches across industries; Management Consulting : tend to use “operational” type case studies (more details below).
But for me, I had a full day of interviews and the PST (first and final rounds combined). I had 12 situations prepared and in each interview did one in full and used elements of others. Each interviewer was very clear telling me not to reuse a situation. Each interviewer was very clear telling me not to reuse a situation.
Value Partners has turnaround and change management expertise working with industrial and service multinationals. CaseInterviews. Address: Spectrum Value Partners. 1402 Harcourt House. 39 Gloucester Road. Tel: +852 2103 1000. Founded in 1993, Value Partners Management Consulting has offices in 9 countries worldwide. Categories.
Based on my interviews, reported response rates averaged from 60% to 80%, with some campaigns actually hitting 100%. Share other cases in which you’ve helped companies in their industry gain new competitive advantages, but never start the meeting assuming your offer is right for them. Do You Really Need to Hold That Meeting?
Volvo’s turnaround over the last decade offers a great example. “Technically, cars today are very different from ten years ago,” says Sällström, whom we interviewed for our book, Talent Wins. He was creative and, in some cases, counterintuitive. “Once, you needed mechanical engineers.
He developed a three-year plan for his turnaround vision, which was translated into annual and quarterly operating plans, and biquarterly responsibilities for his executive team. ” Many CEOs in our interviews emphasized the importance of choosing the right metrics to support both/and decision making. Has something changed?’
I’ve interviewed thousands of candidates for managerial roles and tracked the performance of those I successfully hired. Recently, I became aware of the case of a Tokyo-based global conglomerate with a highly diversified business portfolio that could not find even one qualified CEO successor.
A&M specialises in turnaround and interim management, performance management and business advisory services. CaseInterviews. London EC2M 7EB. United Kingdom. Tel: +44 207 715 5200. Founded in 1983, Alvarez & Marsal is headquartered in New York and has 17 offices worldwide. Graduate Consulting Group. Categories.
This is confirmed by my follow-up interviews with these leaders, which revealed that these internal transitions can be every bit as tough as onboarding, involving combinations of promotions and moves to new units or new geographies, as well as dealing with different cultures and political networks.
Since 2009 we have interviewed and surveyed 181 executives who run PE-owned companies, as well as eight to 15 people who work with each of these 181 executives (supervisors, board members, director reports, and others). Consider the case of Surgical Care Affiliates (SCA), a provider of surgical facilities based in Deerfield, Illinois.
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In the caseinterview process for McKinsey, one of the early evaluations is “Solve,” McKinsey’s digital assessment game (formerly called the McKinsey Problem Solving Game). It is unclear why this is the case. How do you produce the fastest turnaround time for new orders given a certain number of employees in a work shift?
FTI CONSULTING INTERVIEWS & CULTURE. The firm has made up for its youth, however, by growing rapidly through innovation, famous cases and a lot of acquisitions. the consulting firm started off like a lot of American startups do – in a small, forgettable warehouse somewhere on the outskirts of town (in this case, in Annapolis, MD).
This Firm Profile started as an email from Sean, asking if we could write on Alvarez & Marsal, “The Turnaround Guys”. The firm’s first turnaround client was the household brand, Timex Corporation. Turnaround and Restructuring. ALVAREZ & MARSAL INTERVIEWS AND RECRUITING. ALVAREZ & MARSAL KEY STATS. Core Values.
We then conducted a series of in-depth individual interviews, delving into pivotal experiences in their personal history and career progression, and using Korn Ferry’s executive online assessment to measure key personality traits and drivers that had an impact. Women could be ready for the CEO role sooner. But what else did you do?
Below we provide a selection of sample consulting case questions. Turnarounds. Assuming RadioShack averts bankruptcy and achieves a successful refinancing, what should the strategy be to turnaround and save this iconic company? (Source: Flickr ). Declining Profitability. Our client is eBay.
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