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I often heard that in Asia, the best age range for career is 25-35, is it similar case at your place?

competition

Neueste Antwort am 27. Okt. 2023

Francesco

Experte

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Francesco

Experte

gab die beste Antwort am 19. Apr. 2021

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there, The 25-35 range is definitely important as creates the foundation for your next years. Still: You can mess up / fail a lot in 25-35 and be very successful after that if you have the right attitude/persis ... (ganze Antwort lesen)

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707
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92
Upvotes insgesamt

am 27. Okt. 2023 am 27. Okt. 2023
Letzte Aktivität

How do consultancies manage confidentiality when working with competitors?

competition confidentiality discretion integrity ways of working

Neueste Antwort am 13. Okt. 2023

Benjamin

Experte

Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Benjamin

Experte

gab die beste Antwort am 13. Okt. 2023

Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Hi, Great question. Typically there are very strict rules in terms of: Staffing: e.g. you are not allowed to work on competitors after doing a client project for x duration) Data management: e.g. all client data is onl ... (ganze Antwort lesen)

3
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4,9 T.
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14
Upvotes insgesamt

am 13. Okt. 2023 am 13. Okt. 2023
Letzte Aktivität

MECE: market analysis v customer analysis v competitor analysiS

competition customer MECE

Neueste Antwort am 31. Aug. 2022

Guennael

Experte

Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews

Guennael

Experte

gab die beste Antwort am 24. Okt. 2018

Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews

Your are basically about a framework that merges the Ps and the Cs here, which I typically refer to as the 'business framework' (cf. Victor Cheng). Where is your product? your price? your go-to-market? My go-to is a v ... (ganze Antwort lesen)

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3,7 T.
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1
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am 31. Aug. 2022 am 31. Aug. 2022
Letzte Aktivität

Spannende Diskussionen aus der Community gesucht?

Melde dich jetzt an und finde weitere Fragen und Antworten zu aktuellen Themen aus der Branche in unserem Consulting Q&A.

Case Competition Advice

Case Competition casing competition

Neueste Antwort am 13. Feb. 2022

Charlotte

Experte

Empathic coach, former McKinsey Engagement Manager |Secure offers from top consulting firms

Charlotte

Experte

gab die beste Antwort am 12. Feb. 2022

Empathic coach, former McKinsey Engagement Manager |Secure offers from top consulting firms

Hi Anonymous, congratulations. In terms of prep it is really important to quickly get to the level that you cover each of the basics in casing (structure, problem solving, delivery) and then to get to the second level ... (ganze Antwort lesen)

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842
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25
Upvotes insgesamt

am 13. Feb. 2022 am 13. Feb. 2022
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how to grow in a stagnant market/industry

BCG competition McKinsey

Neueste Antwort am 23. Aug. 2021

gab die beste Antwort am 23. Aug. 2021

Hi there, I'm sorry but this isn't even close! (Apologies for being so direct). You very much need a crash course in structuring/frameworking. This is really really difficult to explain succinctly in writing - please re ... (ganze Antwort lesen)

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686
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37
Upvotes insgesamt

am 23. Aug. 2021 am 23. Aug. 2021
Letzte Aktivität

What are examples of threats of new entrants to the consulting industry?

competition MBB

Neueste Antwort am 30. Juli 2021

Florian

Experte

Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

Florian

Experte

gab die beste Antwort am 30. Juli 2021

Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

Hey there, MBB is very good at buying out threats at a very early stage or partner with them in certain industries and create spin-out companies. You might want to google what type of companies McKinsey, for instance, ... (ganze Antwort lesen)

3
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1,5 T.
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14
Upvotes insgesamt

am 30. Juli 2021 am 30. Juli 2021
Letzte Aktivität

Strategy& US Offices

competition salary strategy& USA

Neueste Antwort am 22. Juli 2021

gab die beste Antwort am 21. Juli 2021

Hi there, Yes there is - however, I genuinely would focus more on which offices you individually fit the best in. That is, where do you have work/life experience and where have you networked. Playing the supply/demand ... (ganze Antwort lesen)

2
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1,0 T.
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9
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am 22. Juli 2021 am 22. Juli 2021
Letzte Aktivität

Competition impact on cost

competition

Neueste Antwort am 26. Juni 2021

gab die beste Antwort am 26. Juni 2021

Hi there, It's very rare for competitors to directly affect your costs. Now, of course a competitor cost-cutting would lead to you needing to cut your costs. Equally, a competitor making large capex expenditures (more ... (ganze Antwort lesen)

5
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532
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72
Upvotes insgesamt

am 26. Juni 2021 am 26. Juni 2021
Letzte Aktivität

Analysing competition when determining market attractiveness

Case Interview competition Framework Market analysis market entry

Neueste Antwort am 14. Dez. 2020

gab die beste Antwort am 13. Dez. 2020

Hi there, You're absolutely right! One is not necessarily more attractive than the other! The best thing to look at, in realitty is expected margins and expected market share. That's what really matters. That said, ... (ganze Antwort lesen)

5
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1,6 T.
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61
Upvotes insgesamt

am 14. Dez. 2020 am 14. Dez. 2020
Letzte Aktivität

Competitive Response Cases

caseinterview competition

Neueste Antwort am 14. Juli 2020

Vlad

Experte

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Vlad

Experte

gab die beste Antwort am 13. Apr. 2019

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi, There are no magic pills and we need to know the objective and the context of the case to help you with the structure Best

2
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2,6 T.
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1
Upvotes insgesamt

am 14. Juli 2020 am 14. Juli 2020
Letzte Aktivität

Competition

competition

Neueste Antwort am 14. Juli 2020

Sidi

Experte

McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Sidi

Experte

gab die beste Antwort am 13. Juli 2020

McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Hi! I'm no sure I agree with the basic premise of your question ("a fragmented market structure is usually preferred over a concentrated one"). The question is how easily an entrant could reach a strong market posit ... (ganze Antwort lesen)

8
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1,6 T.
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28
Upvotes insgesamt

am 14. Juli 2020 am 14. Juli 2020
Letzte Aktivität

Non-competition clause

clause competition contract legal offer

Neueste Antwort am 5. Apr. 2020

Daniel

Experte

McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews

Daniel

Experte

gab die beste Antwort am 21. März 2020

McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews

Hi! I personally didn't have such a clause in my contract (McKinsey Germany), but as far as I know for other regions of the world it's a pretty standard practice, so doesn't surprise me at all. Best, Daniel

9
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4,4 T.
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15
Upvotes insgesamt

am 5. Apr. 2020 am 5. Apr. 2020
Letzte Aktivität

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Favorability of the Markets by Competition

competition market entry

Letzte Aktivität am 26. Apr. 2019

Vlad

Experte

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Vlad

Experte

gab die beste Antwort am 2. Apr. 2019

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi, It depends on the way you enter: If you are entering organically (from a scratch) - you should look for fragmented markets (Comps have less buyer power, less supplier power, less economies of scale and thus it ... (ganze Antwort lesen)

2
Antworten

1,9 T.
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5
Upvotes insgesamt

am 26. Apr. 2019 am 26. Apr. 2019
Letzte Aktivität

Competitors vs. Market

competition market

Letzte Aktivität am 10. Okt. 2018

Benjamin

Experte

ex-Manager - Natural and challenging teacher - Taylor case solving, no framework

Benjamin

Experte

gab die beste Antwort am 10. Okt. 2018

ex-Manager - Natural and challenging teacher - Taylor case solving, no framework

Hi, Both can work, but I personnally would recommand to cluster them into one topic adressed : Market attractivness : with the following sub bullets market & segment size market & segment trend market ... (ganze Antwort lesen)

3
Antworten

2,3 T.
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3
Upvotes insgesamt

am 10. Okt. 2018 am 10. Okt. 2018
Letzte Aktivität

Are there any threats of substitution for consulting as an industry?

competition consulting industry substitution

Letzte Aktivität am 19. Sept. 2018

Anonym gab die beste Antwort am 11. Sept. 2018

I see two things replacing/impacting consulting (at least in it's current/traditional state), both driven by technology: clients undertaking work internally, and the emergence of big data / data science. When excel wa ... (ganze Antwort lesen)

3
Antworten

6,3 T.
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3
Upvotes insgesamt

am 19. Sept. 2018 am 19. Sept. 2018
Letzte Aktivität

15 Ergebnisse

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In dieser Übersicht findest Du alle bisher gestellten Fragen der PrepLounge-Community. Jeder kann Fragen stellen und Antworten verfassen. Unsere Coaches stellen auch gerne ihre Expertise bereit. Wenn Dir eine Antwort gefällt, gib ihr ein Upvote, sodass sie nach oben steigt. Hier findest Du außerdem unsere Richtlinien und FAQs zum Consulting Q&A.