I have a case interview next week, and I would love some tips and tricks regarding these case studies.
(edited)
I have a case interview next week, and I would love some tips and tricks regarding these case studies.
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Expert with best answer
Question merged
This question is read-only because it has been merged with 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?
1 answer
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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Getting Up to Speed
In order to repeatedly demonstrate prerequisite skills under the pressure of a real case interview, you need to learn the basics and practice cases.
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The case study is the most important element of the case interview, which you'll have to nail in order to get into strategic consulting. Here you can learn the specific skills and concepts necessary to solve them.
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