What is the best practice for approaching Part 2 in an interview?

Question

Part 2 asks us to identify the Risk Dimensions, assess them by likelihood and impact, and identify the Mitigation Solutions.

Normally, I would ask for 2 minutes to structure my response on paper before presenting it to the interviewer and walking them through my thinking. This is the by-the-book advice.

However, for this question, we have a lot of ground to cover in 2 minutes.

My approach would be to use the 2 minutes to outline 3-5 main Risk Dimensions and their sub-levels, present these dimensions and sub-levels to the interviewer, and then verbally propose mitigation solutions for each of the sub-levels identified.

Is this a valid approach? Would you approach this question differently?

Thank you in advance,

Diana

Answer 1

Good question, Diana. I typically bucket the contextual information adjacent to the prime answers as "other considerations" (e.g., risks, pros / cons, project approach, etc. depending on the case context). It really depends on the case, time, and organization you're interviewing with. Brevity with the right level of exhaustive information is key.

Answer 2

AI and ChatGPT are definitely game-changers for consulting prep! They’re great for structuring case frameworks, gener... (read entire answer)

AI and ChatGPT are definitely game-changers for consulting prep! They’re great for structuring case frameworks, generating potential interview questions, and even simulating cas... (read entire answer)