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Case recommendation: should I list multiple options & scenarios?

I was looking at Bain's website and the lead recruiter mentioned that they want candidates who can lay out a couple of options (such as, in a M&A case evaluating 2 acquisition targets: buy a company, buy both company, or don't buy both company) and ask clarifying questions (such as whether client has appetite to do 1 or 2 acquisition). 

I'm a bit confused by this. Does it mean in the recommendation part of a case, I should list out several options & corresponding scenario? Or should I just follow the traditional path, identify an option that makes most sense and focus on recommending this option? How do I add a bit of sophistication to make this recommendation sound more “practical”? Thanks a lot!

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Top answer
on Feb 10, 2022
Empathic coach, former McKinsey Engagement Manager |Secure offers from top consulting firms

I will give a short answer to this. 

- If they said specifically mention options in the recommendation, then do so. 

- If they just state it as a general piece of advice, then identify these different options early on in the case, for example as you structure your case provide the options for growth. At this point you can ask the interviewer whether they want you to make a quick assessment of these, evaluate all of these one after the other throughout the case, or simply go with your hypothesis first and test it (you should have one ready and be able to explain why).  

- You can also present your preferred approach and then say the alternative would be the following. So instead of directly asking them, you can say: “My proposal is to evaluate first my hypothesis. Alternatively, if you prefer I can also do a quick assessment of each option or I can analyse them one after the other in more detail.” (simply decide on whether you feel the interviewer appreciates the straight out question more or you just telling them what you are going to do and giving them the chance to respond).

- I would then in the recommendation focus on the one option you have discussed most in the case and mention the others only along the lines of  “there are also other options available which we briefly discussed but which did not seem as attractive because… ” or there are other options which can also be taken into consideration as a next step since they are similarly favorable.

Moritz
Coach
on Feb 10, 2022
ex-McKinsey EM & Interviewer | 7/8 offer rate for 4+ sessions | High impact sessions + FREE materials & exercises

This depends entirely on the case. 

If there's multiple options for doing x, all of which seem adequate given the known criteria, you could introduce multiple options like this:

  • There's two options with different risk & value profiles; Option A, which is more risky but with a higher potential value, and Option B, which is less risky and also lower value. Based on what I know about the client, I would recommended B. However, if the client has indeed a higher risk appetite, we should absolutely pursue A.
  • There's three options, which break down into different time horizons; Option A, which is short term, Option B, which is mid term, Option C, which is long term. Based on what I know about the client, I recommend A because of x. However, depending on client's needs, we should continue exploring B and C.

Just remember that you should always have an opinion on what you would recommend, and that you need to get to the recommendation quick i.e. don't spend 5 minutes on introducing the options before giving your verdict. Remember MECE and top-down communication!

Hope this helps a bit! Best of luck!

Ian
Coach
on Feb 11, 2022
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success

Hi there,

This totally depends on the case! In general there should be, at a minimum, a “lead” option, but some cases do indeed have multiple options!

Maikol
Coach
on Feb 10, 2022
BCG Project Leader | Former Bain, AlixPartner, and PE | INSEAD MBA | GMAT 780

It is a good practice to list possible options, provided that those options are backed up with data or pieces of information you used in solving the case. 

As general advice, be flexible: in some cases, it is not needed to give several options. It may be enough to just argue that what you are proposing is the best option (provided that you explain why and that your explanation is bulletproof). Pro suggestion: you can list examples of other options - thus showing you are creative - and at the same time say that your proposed option is better because of some specific reason.

I will never get tired of reiterating that it is more important to communicate clearly and precisely than to focus on several different 'dos' and 'donts' that clutter your mind while you are stressed in an interview setting. 
 

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