Hi everyone! I have two questions related to feedback I received recently.
1) What exactly do they mean when they say "jumping too fast to conclusions"?
2) How do I target this issue in my practice routine?
Cheers!
(editiert)
Werde aktiv in unserer Community aus über 451.000 Gleichgesinnten!
Verabrede dich zum Casen über das Meeting-Board, nimm an Diskussionen in unserem Consulting Q&A teil und finde gleichgesinnte Case-Partner, um dich auszutauschen und gemeinsam zu üben!
How to practice on "jumping too fast to conclusions"?
Übersicht der Antworten
Upvotes
Beste Antwort
Hi,
it means to move directly to the recommendation. I advise improving your structure in notes, highlighting in each part of the case the most important numbers or concepts: in this way you can jump to conclusions even without 30 seconds of recap.
Hope it helps,
Antonello
War diese Antwort hilfreich?
Hi Anonymous,
please find below the answers to your questions:
1) It depends on the context but in general you are probably moving to a conclusion without analyzing the root cause of the problem in a structured way
2) In general you could
- Work to improve your structure
- State more clearly your hypotheses and ask for data to verify them before moving to a conclusion
Best,
Francesco
War diese Antwort hilfreich?
Hi,
1)Your structure is not limited to just the initial structure. You should go through the initial structure, looking for insight. Once you find insight, you should dive deeper by building a new structure. You should dive as deep as required by building the new structures until you find a root cause. Again, it should be not the numerical evidence of the issues, but the real root cause behind it
2) You can be asking yourself 2 questions:
- Is it just the numerical evidence or the real root cause (e.g. the mix has changed because the sales of product B increase vs. the Mix has changed because the motivation scheme of salespeople was changed)
- Is it the true root cause? (Sales were lower than planned since we opened the new stores in the premium locations vs. sales were lower than planned because we opened the new stores in the premium locations since we were out of retail space in the mass market)
Best
War diese Antwort hilfreich?
Verwandte Cases
Expertencase von Francesco
Our client is SmartBridge, a nonprofit educational institution offering face-to-face tutoring services. The client operates in the US.The mission of SmartBridge is to help as many students as possible to complete studies and prevent that they drop from the school system, in particular in disadv
...
Our client is SmartBridge, a nonprofit educational institution offering face-to-face tutoring services. The client operates in the US.The mission of SmartBridge is to help as many stude
...
(Ganzen Case öffnen)
31,6 T.
mal gelöst
Schwierig
Schwierigkeitsgrad
Expertencase von Luca
Espresso Whatelse is an Italian company that produces coffee and espresso machines since 1908. It is the Italian market leader and has a strong presence overall in Europe. In 2019, Espresso Whatelse has increased its revenues but it has seen declining profit margin.Your client wants to understa
...
Espresso Whatelse is an Italian company that produces coffee and espresso machines since 1908. It is the Italian market leader and has a strong presence overall in Europe. In 2019, Espr
...
(Ganzen Case öffnen)
17,4 T.
mal gelöst
Schwierig
Schwierigkeitsgrad
Expertencase von Ian
[PLEASE NOTE: This is a technically difficult case and should only be completed by those coming in as a Technology specialist, i.e. recruiting for McKinsey Digital, BCG Platinion, etc.]Our client is a multinational oil and gas company. While they are vertically integrated and have upstream, midstrea
...
[PLEASE NOTE: This is a technically difficult case and should only be completed by those coming in as a Technology specialist, i.e. recruiting for McKinsey Digital, BCG Platinion, etc.]Our c
...
(Ganzen Case öffnen)
13,9 T.
mal gelöst
Schwierig
Schwierigkeitsgrad
Expertencase von Francesco
Our client is a BlissOttica, an Eyewear Manufacturer that is looking to reach a 10% increase in profits. How would you help our client?
Our client is a BlissOttica, an Eyewear Manufacturer that is looking to reach a 10% increase in profits. How would you help our client?
(Ganzen Case öffnen)
13,6 T.
mal gelöst
Fortgeschritten
Schwierigkeitsgrad
Expertencase von Ian
Problem definition: Our client is Korean Car Parts (KCP), a multi-national original equipment manufacturer (OEM) of car parts based in Korea. They've recently seen a decline in profits and have brought us in to understand how to address this falling profitability.==========================
...
Problem definition: Our client is Korean Car Parts (KCP), a multi-national original equipment manufacturer (OEM) of car parts based in Korea. They've recently seen a decline in pro
...
(Ganzen Case öffnen)
11,4 T.
mal gelöst
Fortgeschritten
Schwierigkeitsgrad
Premium + Coaching-Experten
Content Creator
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
261
Meetings
10.495
Q&A Upvotes
107
Awards
108 Bewertungen
