Curious as to how to structure the approach this cracking this problem: client (distributor of security cameras for residential buildings) is facing stagnant growth 3% compared to market 5%. We need to find out why.
Any thoughts to make the approach tailored? Much appreciated.
Hi there,
This is a classic profitability/growth prompt.
To make it tailored, you have to tie to specifically to the industry. For me to do so, I'd have to ask a number of clarifying questions first (what country are we in, what is the current market like, etc. etc.).
Only then can I tailor my framework.
For Creativity
https://www.preplounge.com/en/consulting-forum/how-to-improve-creativity-and-thinking-broad-7639
https://www.preplounge.com/en/consulting-forum/how-do-i-improve-creativity-and-how-different-is-mckinseys-final-round-from-round-1-8484
https://www.preplounge.com/en/consulting-forum/how-do-i-improve-creativity-and-how-different-is-mckinseys-final-round-from-round-1-8484
https://www.preplounge.com/en/consulting-forum/brainstorming-prioritisation-vs-creativity-9232
Hello!
I have a very very similar case, feel free to PM me and I can share it -planning to included it soon in PrepL-.
Hope it helps!
Cheers,
Clara
Hi, I confirm it is a classical P&L case. Feel free to text me to know how I support candidates in framing the most common question like this
Best,
Antonello
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