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How could I answer the question on how you will collect the data on X?

Case Interview McKinsey
Recent activity on Aug 10, 2017
1 Answer
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Anonymous A asked on Aug 09, 2017

Hi to all!

I was asked the question during the case: How you will collect the data on X?

How could I structure it and brainstorm solutions that are relevant for the consulting? Then, should I prioritize options? Based on what criteria?

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Vlad
Expert
replied on Aug 10, 2017
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi,

Typically it's a question on creativity. Broadly I would look at the 2 buckets:

  • Descktop methods (databases, researches, Investment professionals, industry experts)
  • Field methods (IT systems, observations, personal interviews, paperwork, etc)

In a more narrow situation (for example collecting the data on a particular plant) - I would look at the following:

  • IT system
  • Accounting paperwork
  • Interviewing the manager
  • Data from 3rd parties (suppliers, distributors)
  • Photo of the day (Stopwatch observations)
  • Safety journals
  • Safety / quality standards

Good luck!

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Vlad

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