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Minimum Efficient Scale

CaseInterview.com

Today, I want to introduce you to (or perhaps remind you of) the concept of the minimum efficient scale. For example, Amazon is able to process and deliver its customers’ orders very efficiently because of its “scale.”. The concept of “minimum efficient scale” is less well known and is a less-used term. Minimum efficient scale.

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3 Ways to Make Time for the Little Tasks You Never Make Time For

Harvard Business

After one extended trip abroad during which he avoided email, he wrote that he had missed a large number of critical messages, including a fulfillment center crisis that caused him to lose more than 20% of monthly orders for his business, media interview opportunities that had expired, and more than a dozen partnership offers.

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5 Ways to Say No to a Networking Request

Harvard Business

When you start to receive dozens of requests per week — almost always for 30-60 minutes of private consultation — you would dramatically handicap your productivity if you tried to do them all. Another way to protect your time is to defer the invitations you accept. But that quickly grows old. Defer your acceptance.

Meeting 28
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How to Pass the McKinsey Problem Solving Game

CaseInterview.com

In the case interview process for McKinsey, one of the early evaluations is “Solve,” McKinsey’s digital assessment game (formerly called the McKinsey Problem Solving Game). This game evaluates the candidate’s ability to solve problems efficiently and think critically. Time management is certainly a factor.