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When the business landscape changes, how can you turnaround a failing company? RADIOSHACK , an American consumer electronics giant of yesteryear, faced chaotic trading on Wednesday as analysts predicted the company would report it’s 10th straight quarter of losses. CaseInterviews Management Consulting' Source: Flickr ).
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.
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.
Below we provide a selection of sample consulting case questions. Its share price fell from $310 to $200 per share on reports of declining profits. Turnarounds. Assuming RadioShack averts bankruptcy and achieves a successful refinancing, what should the strategy be to turnaround and save this iconic company?
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. It feels good when a reporter seem intrigued by your answer so you add more details. The common denominator is the combination of public attention and a bit of ego massage.
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. Elizabeth Grace Saunders.
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.
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.
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.
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.
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. A client reports that company profits have been decimated.
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