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Graph Interpretation

Bain BCG MBB McKinsey
New answer on Jul 03, 2020
7 Answers
1.1 k Views
Anonymous A asked on Jul 01, 2020

Hi,

I found a case from Fuqua 2017 book (Specialty Steel). However, the solution is not complete. I have some questions:

1. Why does the supply curve look like this? How do you explain? if there is any related concept, let me know.

2. Also, if you open the case, how would you answer this ?

(brainstorm) If we go with option C, hence
raising the price on a critical customer,
what services or offerings could our client
consider to help smooth the relationship
with the OEM over the price increase?

3. My understanding base on the current supply, our client (with the other 2 competitiors) will automatically win the bid since there is no enough supply. Is that correct ?

Thank you

(edited)

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Anonymous replied on Jul 02, 2020

Hi,

I would appreciate if you can actually share the graph and the case here

Best,

André

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Ian
Expert
Content Creator
replied on Jul 03, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

Please provide the samples from the case that are relevant!

In general, for Graph Interpretation, consider the below:

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Best Rote Practice

Rocket Blocks: https://www.rocketblocks.me/

Best Practice Strategy

1) Read the Economist (especially the daily graph and Financial Time frequently

https://www.economist.com/graphic-detail/2020/05/29/america-first

2) Ask case partners to focus particularly on your chart-reading skills (i.e. by providing you with cases with many charts) - Bain and Deloitte cases tend to be chart heavy

Graph Interpretation Tips

1) Read the title - and understand it

2) Read the legends - and understand them

3) Remind yourself of the objective / hypothesis in the case, to see where this might fit

4) Find the differences - where does the line graph plummet or spike? Which column is a lot smaller or bigger than the others? Where does change occur? The differences are what matter

5) Talk outloud while interpreting - first, it helps you think and process your thoughts, second, it lets the interviewer provide guidance and course correct if needed.

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Robert
Expert
Content Creator
replied on Jul 02, 2020
McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author

Graph would still be excellent to add.

For general advice how to improve graph reading, the GMAT chapter for integrated reasoning is a good ressource (I believe it was added 2012 or 2013 to the GMAT, so you can take any GMAT ressource after that period).

Hope that helps - if so, please be so kind to give it a thumbs-up with the green upvote button below!

Robert

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Clara
Expert
Content Creator
replied on Jul 02, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

On top of sharing the graph, for graphs interpretation overall I would recoomend you the Integrated Reasoning part of GMAT. Tackles this precisely

Hope it helps!

Cheers,

Clara

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Francesco
Expert
Content Creator
replied on Jul 02, 2020
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

I would suggest that you provide the full context of the case and the graph, that would help to understand better your questions.

Best,

Francesco

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Anonymous replied on Jul 02, 2020
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Fayyaz
Expert
replied on Jul 02, 2020
Consultant at BCG | Coaching tailored to personalised needs

Hi,

Can you share the case and exhibit here?

Best,

Fayyaz

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