Consulting Q&A – Ask Questions on Your Career in Our Consulting Forum

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Tag: "industry"
1 - 17 of 17 results
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industry

    Where can I get/find an overview of the TMT industry?

    industry
    Most recent answer on Aug 30, 2021
    The best answer (on Aug 30, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
    gave the best answer on Aug 30, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, I have 20+ industry deep-dives (about 2 pages each) that break down each industry by key factors (cost drivers, key products, competitive landscape, trends, etc.) that I provide as part of my coaching. Feel fr ... (read entire answer)
    2
    Answers
    72
    Views
    14
    Total Upvotes
    on Aug 30, 2021
    Last Activity

    Company demand vs. market demand

    demand demand and supply industry industry trend Market analysis market dynamics
    Most recent answer on Apr 12, 2021
    The best answer (on Apr 12, 2021) is from:
    Clara
    Expert
    Content Creator
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Clara
    Expert
    Content Creator
    gave the best answer on Apr 12, 2021
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Hello! I think it´s pretty simple! Just compair their maket share with: The market share from the top 20 biggest players n the industry The # of players in the industry´s long tail And that´s it, simple co ... (read entire answer)
    2
    Answers
    226
    Views
    23
    Total Upvotes
    on Apr 12, 2021
    Last Activity

    Where can I get documents or casebooks with Industry overview?

    casebook Casebooks consulting industry industry industry dynamics industry trend
    Most recent answer on Apr 11, 2021
    The best answer (on Apr 11, 2021) is from:
    Clara
    Expert
    Content Creator
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Clara
    Expert
    Content Creator
    gave the best answer on Apr 11, 2021
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Hello! Have a look into IVY LEAGUE case prep books, since they normally include some pages on industry overviews. Furthermore, in the PrepL shop there is a guide about the pharma industry, in case you are intereste ... (read entire answer)
    2
    Answers
    228
    Views
    27
    Total Upvotes
    on Apr 11, 2021
    Last Activity

    Industry compensation

    industry
    Most recent answer on Apr 10, 2021
    The best answer (on Apr 10, 2021) is from:
    Adi
    CoachingPlus Expert
    Content Creator
    Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
    Adi
    CoachingPlus Expert
    Content Creator
    gave the best answer on Apr 10, 2021
    Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
    There isn't a one size fits all answer here..it depends on which consulting firm, level, type of skills (strategy, operations, technology, digital etc), region, industry and target exit firm (tech, PE or industry). Ge ... (read entire answer)
    3
    Answers
    274
    Views
    41
    Total Upvotes
    on Apr 10, 2021
    Last Activity

    Hi, I have a question regarding cases on new industry.

    industry McKinsey NewIndustry
    Most recent answer on Jan 09, 2021
    The best answer (on Jan 02, 2021) is from:
    Adi
    CoachingPlus Expert
    Content Creator
    Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
    Adi
    CoachingPlus Expert
    Content Creator
    gave the best answer on Jan 02, 2021
    Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
    Hey there, Broadly, industries can be classified as follows: Raw Materials- e.g. mining, agriculture and fishing Manufacturing e.g. cars, planes, steel Support services e.g. hospitality, teaching ... (read entire answer)
    8
    Answers
    430
    Views
    98
    Total Upvotes
    on Jan 09, 2021
    Last Activity

    How to structure a profitability case?

    Case Case Interview Declining Profitability Case industry profitability Structure
    Most recent answer on Nov 17, 2020
    The best answer (on Feb 18, 2018) is from:
    Vlad
    Expert
    Content Creator
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Vlad
    Expert
    Content Creator
    gave the best answer on Feb 18, 2018
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Hi, I would recommend the following approach: 1) Ask clarifying questions: - Clarify the business model (i.e. how the business works and what are the revenue streams / core products or business lines). Why do you ... (read entire answer)
    10
    Answers
    11.8 k
    Views
    39
    Total Upvotes
    on Nov 17, 2020
    Last Activity

    Resources to build industry specific knowledge for Case solving (specially in Indian context)

    case partners caseprep consulting consulting industry consultingcases101 Good resources industry Strategy case solving
    Most recent answer on Oct 16, 2020
    The best answer (on Sep 30, 2020) is from:
    Henning
    Expert
    Bain | passed >15 MBB interviews as a candidate
    Henning
    Expert
    gave the best answer on Sep 30, 2020
    Bain | passed >15 MBB interviews as a candidate
    Hi Avya! Great that you want to structure your case prep! The beautiful thing about consulting interview cases is that you basically don't need any industry specific knowledge. The toolkit that you build during the ... (read entire answer)
    5
    Answers
    562
    Views
    14
    Total Upvotes
    on Oct 16, 2020
    Last Activity

    Which firms are breaking industry norms (in a good way) in the consulting space?

    consulting Firms to watch out for industry MBB New Firms
    Most recent answer on Jul 11, 2020
    The best answer (on Jun 23, 2020) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
    gave the best answer on Jun 23, 2020
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    I depend on what you mean? They actually all are, but they're gambling in different ways. That's sort of like asking "Which of the FAANGS are breaking tech norms" If I had to pick, McKinsey and BCG are making the ... (read entire answer)
    5
    Answers
    621
    Views
    7
    Total Upvotes
    on Jul 11, 2020
    Last Activity

    Switching from Tier2/Industry to MBB as experienced hire

    career move industry MBB
    Most recent answer on Jun 07, 2020
    The best answer (on Jun 05, 2020) is from:
    Giulia
    Expert
    Content Creator
    McKinsey | 4+ years in Consulting + Health Tech |Certified High Performance + Systemic Coach | Women Empowerment
    Giulia
    Expert
    Content Creator
    gave the best answer on Jun 05, 2020
    McKinsey | 4+ years in Consulting + Health Tech |Certified High Performance + Systemic Coach | Women Empowerment
    Hi , yes of course - it's more than possible! When I was at McKinsey, I met several colleagues who went the same way. So don't hesitate - try it out for yourself! The MBB companies have special tracks for FIG that y ... (read entire answer)
    13
    Answers
    997
    Views
    65
    Total Upvotes
    on Jun 07, 2020
    Last Activity

    Market vs. Industry

    industry market entry
    Most recent answer on Mar 30, 2020
    Anonymous gave the best answer on Mar 29, 2020
    Hez A, I agree that both terms are used interchangeably. When you analize market / industry you need to have a look at the following: Market size and dynamics (growth rate) Structure, segments and market share ... (read entire answer)
    6
    Answers
    751
    Views
    12
    Total Upvotes
    on Mar 30, 2020
    Last Activity

    Is the assumption "The gross margin will remain the same since the industry structure did not change" common practice?

    Gravestone Inc. gross profit margin industry
    Most recent answer on Dec 23, 2019
    The best answer (on Dec 23, 2019) is from:
    Luca
    Expert
    Content Creator
    BCG |NASA |20+ interviews with 100% success rate| 120+ students coached |GMAT expert 780/800 score
    Luca
    Expert
    Content Creator
    gave the best answer on Dec 23, 2019
    BCG |NASA |20+ interviews with 100% success rate| 120+ students coached |GMAT expert 780/800 score
    Hello Luca, I completely agree with you, the solution proposed is at least questionable.The hypothesis is basically that the price war following the adoption of the new technology will result in setting the price to h ... (read entire answer)
    1
    Answer
    1.1 k
    Views
    1
    Total Upvotes
    on Dec 23, 2019
    Last Activity

    Starting with "Analyzing the Industry"

    Case Interview industry Market analysis
    Most recent answer on Jun 18, 2019
    The best answer (on Jun 18, 2019) is from:
    Francesco
    Expert
    Content Creator
    #1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Francesco
    Expert
    Content Creator
    gave the best answer on Jun 18, 2019
    #1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Hi Anonymous, I agree with Vlad, you should always consider a market analysis in a market entry case and there are definitely numbers you can analyze there. The reason why some candidates give the impression that th ... (read entire answer)
    3
    Answers
    1.4 k
    Views
    8
    Total Upvotes
    on Jun 18, 2019
    Last Activity

    Developing industry understanding for case interviews

    caseinterview industry
    Recent activity on Feb 27, 2019
    The best answer (on Feb 27, 2019) is from:
    Vlad
    Expert
    Content Creator
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Vlad
    Expert
    Content Creator
    gave the best answer on Feb 27, 2019
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Hi, Focus on the most common industries in the following priority (sorted by probability of getting a case): 1-retail and CPG; 2-airlines; 3-Telecom; 4-banking; 5-natural resources; 6-tech There are several sources ... (read entire answer)
    1
    Answer
    1.8 k
    Views
    5
    Total Upvotes
    on Feb 27, 2019
    Last Activity

    Any resources or tips for BizOps cases?

    bizops industry
    Recent activity on Feb 06, 2019
    The best answer (on Feb 06, 2019) is from:
    Vlad
    Expert
    Content Creator
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Vlad
    Expert
    Content Creator
    gave the best answer on Feb 06, 2019
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Hi, BizOps role may be completely different depending on the business model. For example: In google BizOps is responsible for the Sales and revenue operations In Uber BizOps is responsible for the supply of driv ... (read entire answer)
    2
    Answers
    2.2 k
    Views
    2
    Total Upvotes
    on Feb 06, 2019
    Last Activity

    Strategy manager exit from consulting - feedback on my thinking

    exit exit options industry
    Recent activity on Sep 27, 2018
    Anonymous gave the best answer on Sep 27, 2018
    Hey there, Without you providing details of other opportunities, it is hard to give concrete advice. However: It seems like the insurance gig fits your long term interests pretty well - 2 days a week from home + you ... (read entire answer)
    3
    Answers
    1.6 k
    Views
    3
    Total Upvotes
    on Sep 27, 2018
    Last Activity

    Are there any threats of substitution for consulting as an industry?

    competition consulting industry substitution
    Recent activity on Sep 19, 2018
    Anonymous gave the best answer on Sep 11, 2018
    I see two things replacing/impacting consulting (at least in it's current/traditional state), both driven by technology: clients undertaking work internally, and the emergence of big data / data science. When excel wa ... (read entire answer)
    3
    Answers
    3.3 k
    Views
    3
    Total Upvotes
    on Sep 19, 2018
    Last Activity

    Should I focus or generalise my projects as entry level MBB consultant?

    entry level exit options field of focus general industry MBB projects
    Recent activity on Sep 26, 2017
    The best answer (on Sep 24, 2017) is from:
    Francesco
    Expert
    Content Creator
    #1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Francesco
    Expert
    Content Creator
    gave the best answer on Sep 24, 2017
    #1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Hi Anonymous, as an entry level, you cannot normally specialize on specific sectors only in MBB; they will instead allocate you to different projects till project leader (BCG) /engagement manager (McK) levels, accordi ... (read entire answer)
    3
    Answers
    3.3 k
    Views
    6
    Total Upvotes
    on Sep 26, 2017
    Last Activity
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