CaseInterview.com

NOVEMBER 26, 2019

One of the concepts taught in business schools around the world is the concept of competitive advantage. While the term is well known, I find very few people actually grasp the implications of this extremely important concept. It applies not only to how you serve clients as a consultant but also how you manage your own career. My thoughts on this topic are widely applicable to CIBs (Case Interview Beginners), F1Ys (Future first years), and CIFMs (Consulting Isn't for Me).

Case Interview 89

Case Interview Consulting Fashion Interviews 89

Leadership Planning with Liz Weber CMC

NOVEMBER 26, 2019

One of the many pleasures of my work is that I have the opportunity to observe, work with, learn from, and laugh with some incredibly good leaders. I also am able to experience others, who, though well-meaning, create more work, confusion, and frustration than they realize. One of the fundamental differences in these two types of leaders is that those who I view as ‘good leaders’ intentionally reassess and develop their own leadership skills while they dedicate time and resources to developing t

Leadership 64

Leadership Development Resources 64

CaseInterview.com

NOVEMBER 26, 2019

Recently, I took my daughters into Seattle to watch the U.S. Women's Olympic Gymnastics team perform. They were in town as part of a 150-city post-Olympic tour across the U.S. It is the first time I've seen gymnastics at the world elite level in person. Even though the routines were nowhere near as difficult as what I saw on TV during the Olympics, it is quite breathtaking to see the sheer speed and height of certain events in person.

Case Interview 71

Case Interview Resumes Interviews Training 71

The Source

NOVEMBER 26, 2019

One of the topics we’re most often asked about is expansion. Usually, this is about geography, but it doesn’t have to be—a point I’ll come back to later. Perhaps demand for a particular service is on the wane; perhaps there’s no headroom for growth in a specialised market; perhaps the opportunities elsewhere simply look more attractive. Whatever the driver, the questions are the same: Where to go, and what to do when you get there?

Marketing 52

Marketing Consulting 52

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CaseInterview.com

NOVEMBER 26, 2019

Growing up, I watched Michael Jordan play basketball. He was, with little argument, the best basketball player of all time. He was incredibly dominant -- probably 5-6 standard deviations above the mean. Michael Jordan was in the news a lot when he turned 50 years old. There was an in-depth profile of his life and career from EPSN that I'll share with you in a moment.

Case Interview 66

Case Interview Interviews Recruiting Recruitment 66

CaseInterview.com

NOVEMBER 26, 2019

It is very difficult to get a job in consulting. It takes a tremendous amount of time, effort and dedication -- and ultimately only a few succeed. It stands to reason that putting some thought into keeping the job you just got would be the prudent thing to do. Fortunately, it is actually far easier to do well in consulting (in my opinion) than it is to get a job offer in consulting.

Consulting 61

Consulting How To Case Interview McKinsey 61

Harvard Business

NOVEMBER 26, 2019

Research shows how corporate and scientific R&D have splintered since the 1970s.

Research 46

Research 46

CaseInterview.com

NOVEMBER 26, 2019

In consulting, your personal reputation is everything. It is the one thing by which everything else in your career revolves around. Here is the thing with reputations. Once your reputation is set (whether it is good or it is bad), it is very hard to change. If you are seen favorably, more partners want you to work with them, you get more choice of projects, you're able to pick better projects, better clients, and better teams. and not surprisingly, this often leads to you performing even better.

Consulting 56

Consulting Case Interview McKinsey Interviews 56

Harvard Business

NOVEMBER 26, 2019

Esther Duflo, an MIT economist, won the 2019 Nobel Prize in Economic Sciences for her experimental approach to alleviating global poverty. Duflo’s early life working at a non-governmental organization in Madagascar and volunteering in soup kitchens in her native France inspired her to study economics and research the root causes of poverty. With her fellow Nobel winners Abhijit Banerjee of MIT and Michael Kremer of Harvard, Duflo showed that effective policies often go against conventional

Policies 28

Policies Study Research Marketing 28

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How To

CaseInterview.com

NOVEMBER 26, 2019

A product company like Apple invests heavily in research &development (R&D) to maintain its competitive advantage. One of the ways you can tell a CEO is managing for short-term results at the expense of long-term sustained success, is when he or she cuts back on R&D investments. In the workforce, there are two kinds of workers: 1) manual laborers hired for their hands and the strength of their back; and 2) knowledge workers hired for their knowledge.

Case Interview 49

Case Interview Interviews Resources Policies 49

Harvard Business

NOVEMBER 26, 2019

In this special Thanksgiving edition taped a few days before the holiday, Youngme, Felix, and Mihir discuss all things food, including food halls, the plastic problem, vertical farming, CBD menu sightings, culinary tourism, and fast whiskey.

Tourism 28

Tourism Financial Marketing 28

CaseInterview.com

NOVEMBER 26, 2019

Presenting recommendations to clients in a way that increases the odds that they will actually follow your recommendations is a very advanced skill in consulting. It has nothing to do with the logic of your analysis and everything to do with understanding people. If you want to be influential and effective, you will want to learn this skill. Incidentally, most consulting firms, including MBB , are actually pretty terrible at this.

Case Interview 49

Case Interview Interviews McKinsey Bain 49

Harvard Business

NOVEMBER 26, 2019

We need new rules for how big tech companies manage and profit from your health care data.

Data 34

Data Company Management 34

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Consulting

CaseInterview.com

NOVEMBER 26, 2019

One of the most vital skills a new consultant can have once they're on the job is the skill of extrapolation. This involves taking some data from a client and extrapolating the data to determine some kind of trend line. In consulting, the data is rarely perfect and never complete. You are always missing something. So, you have to end up estimating, taking a sample, "backing into" the number you are looking for (by quantifying everything else except the number you are looking for), and many other

Case Interview 49

Case Interview Consulting McKinsey Interviews 49

Seth Godin Blog

NOVEMBER 26, 2019

Perfect is the enemy of good. Of course it is. But that simple sentence becomes more urgent when we realize that nothing (and no one) is perfect. How could it be? And so, if your hero, your cause, your holiday, your background, your relationship… if it’s not perfect, does that mean you should hide it? Be ashamed of it? Be afraid of it? We’re surrounded by injustice, and yesterday was even worse.

Course 20

Course 20

CaseInterview.com

NOVEMBER 26, 2019

In all corporate environments, you need to pay attention to who and what has power. This is a human dynamic that is rarely discussed out loud but is always present in any corporate environment. It is something you must pay attention to as a new consultant. Let me give you some examples. Authority = Who is officially in charge. Your senior client is the person with the authority.

Consulting 45

Consulting Case Interview Interviews McKinsey 45

Harvard Business

NOVEMBER 26, 2019

Make time for what’s really important to you and your family.

Time Management 28

Time Management Management 28

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In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

Strategy

CaseInterview.com

NOVEMBER 26, 2019

In an ideal world, executives would hire consultants to help their companies maximize their opportunities. However, we don't live in an ideal world -- we live in the real world. And one of the reasons consultants get hired is so the client can avoid getting fired. You might be wondering how this relates to you. Because the #1 way to build a relationship with a senior client is to care about whatever your client cares about.

Case Interview 40

Case Interview How To Airlines System 40

Rod Burkert

NOVEMBER 26, 2019

In case you missed last week: Are you prepared to blow up your practice? Maybe a bit of hyperbole. But we get consumed by putting out today’s fires. We must take time to be forward-looking (like the cost of capital!) and prepare for the time when the past is not a proxy for the future. I think we are coming up on such a period of time in our industry.

Development 10

Development Productivity Tools Industry 10

CaseInterview.com

NOVEMBER 26, 2019

There are three key secrets to getting promoted in a consulting firm. Here is one of them: "Do what is needed, not just what is asked.". In your first few weeks and months in consulting, you will typically be assigned tasks. This is just temporary to make sure those who interviewed you did not make a mistake! How your career progresses from this point forward will vary quite a bit depending on the client you serve, your manager, your firm, your office and numerous other factors.

Case Interview 40

Case Interview Consulting How To Interviews 40

CaseInterview.com

NOVEMBER 26, 2019

I landed a huge opportunity to interview one of the top star makers in Hollywood. His name is Roger Love, a celebrity voice coach, whose clients and students include: Tony Robbins. Suze Orman. John Gray. Reese Witherspoon. Jeff Bridges. The Cast of Glee. Keira Knightley. Joaquin Phoenix. Mandy Moore. John Mayer. Demi Lovato. Tyra Banks. Selena Gomez.

Case Interview 40

Case Interview Resumes Cover Letters Interviews 40

This White Paper targets opportunities for Management to develop proficiency in the Decision Framing and Analyses element of input to Decision, & Risk Analyses for Major Project Funding Decisions.

Methodologies

CaseInterview.com

NOVEMBER 26, 2019

Question: I am wondering if you might have a reference for consulting-specific writing coaching. Since joining Booz and Company, I have been rated 'high potential' but am being told that I need to be more concise in my writing and speaking. I am in the somewhat unusual position of being an Engagement Manager-level hire with no previous strategy consulting experience - and the firm where I was before Booz had a completely different approach to professional deliverables and communication.

Case Interview 40

Case Interview Consulting McKinsey Interviews 40