Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below the expected numbers. The management has engaged you to support them in understanding the reasons and advise ... Open whole case
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About Oliver Wyman
Oliver Wyman counts among the leading international management consultancies worldwide, with more than 4,000 employees in more than 50 offices in 26 countries. The consulting firm combines distinguished industry specialization with superior methodical competence in process design, strategy development, risk management and organizational structure. Oliver Wyman designs and realizes sustainable growth strategies in close cooperation with their clients. Clients receive support in improving their business models, IT, processes, risk structures and organizational processes, speeding up processes and optimally seizing market potential.
Oliver Wyman is a daughter firm of Marsh & McLennan Companies, a global network of professional service enterprises, which offers consulting and solutions in strategy-, risk- and personal management to their clients. This network employs 57,000 people worldwide and has attained an annual revenue of USD 13 billion.
Career at Oliver Wyman
There are no pre-defined career paths at Oliver Wyman. Primarily, employees are encouraged to grow through the ambition to continuously self-improve personally and professionally. Successful consultants climb the career ladder fast and receive above average compensation. The crucial point is individual effort, which is why the promotion to partner at Oliver Wyman is neither based on your tenure nor your academic degree. How quickly you get more responsibility is solely dependent on your actions.
During the course of your career at Oliver Wyman, you will cooperate with leading corporations and experienced consultants within your teams. You will take part in high-impact projects and develop tailor-made solutions for your client’s problems, getting substantial insights into complex problem-solving and critical business processes. At the same time, you’ll continuously improve your professional skills and expertise en route to becoming a refined professional.
Oliver Wyman appreciates international mobility and intercultural experiences and supports employees who want to work at different company locations. The uncomplicated staff exchange around the globe strengthens the entrepreneurial culture of Oliver Wyman and gives you the chance to gain experience in a multicultural and international office environment.
Company Cases by Oliver Wyman
TrainCo is a manufacturer of rolling stock, or trains, with production sites in three European countries. The company has seen declining profitability over the past years; however, they are currently in a very good position to bid for and win a big contract for regional trains for a Swiss national r ... Open whole case
I’m thinking about setting up a wine cellar in my basement. The way I see it, shelf space would be divided into two sections: (1) a “drinking” section where I store bottles for my own consumption and (2) an “investment” section where I store bottles that I intend to sell at a profit after they appre ... Open whole case
Oliver Wyman Q&As Add your Question
Hey there, I will speak out of personal experience here as I live and work in Dubai and have many friends working in consulting. Salaries in Dubai for MBB, OW, RB, and the comparables range arou... (read entire answer)
I will speak out of personal experience here as I live and work in Dubai and have many friends working in consulting.
Salaries in Dubai for MBB, OW, RB, and the comparables range around USD 70-80k/year net (as you won't pay any taxes) for a BA level. That's roughly equivalent to AED 25k/month.
For lower-tier firms such as KPMG, Deloitte, PWC, etc, the salaries are roughly 40% lower, so around AED 15k/month.
Feel free to reach out if you wanna know more about consulting in the Middle East!
Hi, I could draft an answer where I say it all depends and totally comes down to you - and that is always true. However, that kind of answer would not help you. I would not be concerned about co... (read entire answer)
I could draft an answer where I say it all depends and totally comes down to you - and that is always true. However, that kind of answer would not help you.
I would not be concerned about compensation. IMHO, you answered the question yourself, consulting is a stepping stone for you into PE VC BIGTECH s/ MBA being a bonus.
I d pick Strategy& in LDN. Being able to immediately work on CDD in PE will help you to discover a plethora of different industries and you will get to experience how different funds "tick". I had done a lot of PE at Bain too and it was quite common for people to go ahead and take some time off (10+2 etc) and do an internship in PE. Some of my former PE colleagues at Bain ended up working at funds across Europe (small local funds up to the top-10 funds) along with top MBAs. For headhunters you will be a prime candidate and there is a chance you may leverage your Strategy& partners' network and develop your own network to get PE interviews.
OW - nothing to say against that. A contra argument would be your interest - you mentioned that you d not be interest in the public sector work. This could be detrimental. If you want to make a good exit and get into top MBA schools, your CV, essays, recommendation letters, interviews need to reflect this. This is only possible if you totally immerse yourself in your job and go above and beyond. And at least I could only do that if I had passion for what I was doing on the job.
Hi there, First, I would absolutely reach out to HR just to glean anything you can from them. Second, I would be careful to not set specific expectations. Rather, you will be better services if... (read entire answer)
First, I would absolutely reach out to HR just to glean anything you can from them.
Second, I would be careful to not set specific expectations. Rather, you will be better services if you are ready to receive any case type, prepared for market sizing, AND prepared for brainsteasers. It's risky to try to predict and prepare rather than just learning how to be flexible!
Just to support this view, the second sentence you get when you arrive at the OW Amsterdam site is "We currently offer consultancy services across all industries, covering a wide range of capabilities"
Hi there, I would take these factors into consideration: After shifting to the pricing per movie, the sales and marketing cost will increase, because now we are not seling a package, but sin... (read entire answer)
I would take these factors into consideration:
- After shifting to the pricing per movie, the sales and marketing cost will increase, because now we are not seling a package, but single movies, hence single movies need to be promoted.
- When we have a package, there is a tendency to binge watching, so you end up watching movies that you not necesserily like. With per movie pricing, the customer will be more cautious, and probaby the consumption of movies will reduce.
- DVD-player and similar will come in much more closer competition. A DVD you buy and you can keep it whereas a movie on Netflix you can't possess. So you'll have to compete in price with DVDs.
Factors 1&2 will increase the price, but at the same time your price should be lower than your competitor's from factor 3.
Hope it was helpful,
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