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In the phone interview, in explaining our structure should we list each and every pointer in our 3rd layer and y we included the same in the structure as the interviwere cannot see our sheet ? if we do that dont we run a risk of spending too much time in first question ?

Someone asked on Mar 07, 2018 - 3 answers
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Vlad replied on Mar 07, 2018
McKinsey / Accenture / Got all BIG3 offers / More than 300 real MBB cases / Harvard Business School

Hi,

You structure should be exactly like your structure in a regular interview. Usually, you have two layers. Here is an example:

1) Present your 1st level:

  • - "In order to understand whether we should invest in Company A, I would like to check that the Market is Attractive, the Company is Attractive, the competition is favorable and we have good opportunities for of exit"

2) Present your 2nd level:

  • "In the market, I would like to look at market size and growth rate, segmentation, regulation and the key market trends
  • In the company, I would like to look at A,B,C,D,E
  • In competition, I would like to look at A,B,C,D
  • Finally, in the exit opportunities, I would like to look at A,B,C,D,E

Best!

Francesco replied on May 31, 2018
#1 Expert for coaching sessions (2.100+) | Ex BCG | 1.000+ reviews with 100% recommendation rate

Hi Ojasvi,

usually you present two levels in the structure, with some examples of a third if needed. The way to present is the following:

  • STEP 1: mention first the macro areas of your framework. “In order to help our client, I would like to focus on three main areas. Number 1 we may work on [FIRST TOPIC], Number 2 on [SECOND TOPIC], Number 3 on [THIRD TOPIC]. If this is fine for you, let me go deeper in each of them”
  • STEP 2: provide details for each macro point. “In area Number 1, this is what I would analyse. First, I would like to cover [FIRST STEP OF FIRST TOPIC]; second, I would like to focus on [SECOND STEP OF FIRST TOPIC]; next, I would like to work on [THIRD STEP OF FIRST TOPIC]. In area Number 2, this is what I would analyse. First,(…)”

You can find some additional suggestions on video/phone interviews at the following link:

https://www.preplounge.com/en/consulting-forum/mckinsey-bcg-brussels-1375

Best,

Francesco

Someone replied on Mar 07, 2018

Hey Ojasvi,

If you have included it in your structure you need to let the interviewer know about them if you want him/her to consider them - otherwise, he/she will not be able to guess you have them there. Similarly, if you think they are not relevant to refer in a first stage, it's most likely because they shouldn't be in your framework in the first place

Best

Bruno