I have an interview for Redstone Strategy, who tests cases on social impact/social sector, very different from usual profitability/business case questions. How can I prepare?
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
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Hi,
The major difference is the structure - you should adapt them to social context. For example in profitability structure:
- Your revenues in social cases may come from direct contributions. You should be aware of different methods of collecting them (Mentor council, merchandising, etc)
- Your costs will be similar to business costs
- Your profits should not necessarily be zero. You should think of the potential growth and investments needed for this growth.
Feel free to reach me to practice these cases. I give a homework of 7-10 cases and then we go through all of them in one session
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