I have a case interview next week, and I would love some tips and tricks regarding these case studies.
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Human capital final interview but I will be tested on "more classic consulting skills" and structure and quantitative skills
How do you best prepare for a Human Capital Case study?
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The human capital cases I've seen were all cost cutting cases with layoffs, outsourcing, shared service center, etc. Here is a basic structure for cost cutting:
Cost cutting cases
Structuring:
- What is the cost composition and what are the biggest costs
- Benchmarking of the biggest costs to find the improvement potential
- Process improvements to meet the benchmarks
- Costs and benefits of the proposed initiatives
The key concepts that you have to learn:
- Internal / external benchmarking
- Idle time
- Core processes (usually are optimized) and the supporting processes (usually are cut)
- Math structures (Frequency of operations * time per operation)
- Other useful structures (e.g. people - process - technology)
Feel free to reach me for further help with these cases.
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