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

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Tag: "strategy"
1 - 20 of 32 results
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strategy

    KPMG Strategy Consulting

    consulting KPMG strategy
    Question edited on Sep 05, 2021
    Anonymous gave the best answer on Apr 26, 2019
    Hi there, I think you should ask the format of the case to the company. It might be 2-3 different case interview or alternatively, it might be written case interview where you are reviewing the data and preparing y ... (read entire answer)
    2
    Answers
    1.7 k
    Views
    3
    Total Upvotes
    on Sep 05, 2021
    Last Activity

    Does Tier 2 include the big 4 strategy consulting arms (Parthenon and Strategy&) in the U.S.?

    Big4 strategy
    Most recent answer on Jun 11, 2021
    The best answer (on Jun 11, 2021) 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 11, 2021
    #1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Hi there, The definition of Tier 2 for strategy consulting is pretty “fluid”. Different people consider different companies as Tier 2. In general, I would consider “clear” Tier 2: Oliver Wyman, Strategy&, Kearne ... (read entire answer)
    4
    Answers
    239
    Views
    37
    Total Upvotes
    on Jun 11, 2021
    Last Activity

    McKinsey Application

    Application McKinsey strategy
    Most recent answer on May 29, 2021
    The best answer (on May 29, 2021) 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 May 29, 2021
    #1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Hi there, Better to ask a referral before you apply. You can find more tips on referrals here: https://www.preplounge.com/en/consulting-forum/hey-everyonehope-all-is-well-3176 Best, Francesco
    4
    Answers
    160
    Views
    45
    Total Upvotes
    on May 29, 2021
    Last Activity

    Structure for a framework about corporate strategy

    Case structure and frameworks strategy
    Most recent answer on Apr 12, 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
    Hey, I think you are pretty much on the mark. Let me improve it a bit. Steps to define a corporate strategy As-Is - Conduct external analysis to identify key trends in the industry and ecosystem. Assess the or ... (read entire answer)
    3
    Answers
    263
    Views
    38
    Total Upvotes
    on Apr 12, 2021
    Last Activity

    Switching consulting firms after 2-3 months - red flag?

    offer strategy
    Most recent answer on Mar 16, 2021
    The best answer (on Mar 15, 2021) is from:
    Torben
    CoachingPlus Expert
    Volkswagen Consulting| Your Automotive and Mobility Expert | Inhouse Consulting
    Torben
    CoachingPlus Expert
    gave the best answer on Mar 15, 2021
    Volkswagen Consulting| Your Automotive and Mobility Expert | Inhouse Consulting
    Hey there, the most important thing upfront: in general it does not have to be a red flag, as it always depends on your personal reasoning behind this. However, looking at the reasoning you provided above I would re ... (read entire answer)
    11
    Answers
    531
    Views
    135
    Total Upvotes
    on Mar 16, 2021
    Last Activity

    New on PrepLounge: Master the Strategic Mindset by Bernard

    ace strategy cases preplounge strategy strategy cases
    Astrid asked on Mar 02, 2021
    Astrid
    Admin
    asked on Mar 02, 2021
    PrepLounge Head of Product & Marketing
    Dear PrepLounge community, We are happy to share with you a brand-new guide on PrepLounge on a most crucial and essential topic for your case interview preparation AND your future career as a management consultant: Master the Strategic Mindset by Bernard. The ability to “Think Strategically” is key in case interviews. However, many candidates lack a consistent, effective and reproducible method that works regardless of the industry. In this guide, you will learn how to think from the basics, ask the right questions, and structure your approach effectively. get the hang of formula ... (read entire question)
    0
    Answers
    296
    Views
    0
    Total Upvotes
    on Mar 02, 2021
    Last Activity

    What is the best way to get into Strategy Consulting from Management consulting in Finance (PwC)

    consulting CV interviews management strategy
    Most recent answer on Feb 28, 2021
    The best answer (on Feb 26, 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 Feb 26, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, A few things stand out to me 1) CV - I'm not sure who reviewed it, but send it to me...I'll check that it's optimal 2) Networking - before applying, aim to network a bit (even if it doesn't result in a f ... (read entire answer)
    7
    Answers
    338
    Views
    79
    Total Upvotes
    on Feb 28, 2021
    Last Activity

    Hello, Has anyone taken Accenture Hirevue virtual interview? If yes, then please let me know.

    Accenture consulting strategy
    Most recent answer on Feb 14, 2021
    The best answer (on Jan 06, 2020) is from:
    Antonello
    Expert
    Content Creator
    McKinsey | MBA professor for consulting interviews
    Antonello
    Expert
    Content Creator
    gave the best answer on Jan 06, 2020
    McKinsey | MBA professor for consulting interviews
    Hi, you are going to handle typical fit questions recorded and assessed with AI technologies. Best, Antonello
    4
    Answers
    11.2 k
    Views
    2
    Total Upvotes
    on Feb 14, 2021
    Last Activity

    Implementation consulting firm

    consulting Implementation strategy
    Most recent answer on Jan 10, 2021
    The best answer (on Jan 06, 2021) 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 Jan 06, 2021
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Hi, I would not agree with Ian here: MBB does a lot of projects, not just strategy. Strategy = only ˜30% of projects The reason why MBB is doing less implementation is simple - they are more expensive MBB is h ... (read entire answer)
    8
    Answers
    380
    Views
    48
    Total Upvotes
    on Jan 10, 2021
    Last Activity

    How strong is Accenture (Strategy) in sustainability consulting in Europe? They seem to be leading in Germany (see pic).

    Accenture europe strategy Sustainability
    Most recent answer on Dec 30, 2020
    The best answer (on Nov 22, 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 Nov 22, 2020
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, You're going about this exactly the right way. (So many Q&As could be answered by a quick Google Search). The source looks pretty valid, but just remember rankings do change based on who is doing the r ... (read entire answer)
    3
    Answers
    639
    Views
    20
    Total Upvotes
    on Dec 30, 2020
    Last Activity

    Oliver Wyman implementation vs Arthur D. Little strategy

    ADL Implementation MBB OW strategy
    Most recent answer on Dec 30, 2020
    The best answer (on Nov 24, 2020) 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 Nov 24, 2020
    Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
    You have answered it yourself..McK/BCG won't take you in just because you work for certain brand. Your CV may get through easier if you studied in top schools and/or worked for well know brands. But after that its start ... (read entire answer)
    7
    Answers
    755
    Views
    30
    Total Upvotes
    on Dec 30, 2020
    Last Activity

    Best Practices for solving case on your own

    Case Case Interview case practice Case Prep MBB strategy
    Most recent answer on Oct 23, 2020
    The best answer (on Jul 02, 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 Jul 02, 2018
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Hi, Don't spend too much time prepping solo. Rather practice solo a certain type of a case and then practice them with a partner, Repeat the process multiple times In terms of resources - Start with Case in point, V ... (read entire answer)
    10
    Answers
    5.5 k
    Views
    18
    Total Upvotes
    on Oct 23, 2020
    Last Activity

    Categories of case questions

    Bain BCG case types Cases MBB McKinsey strategy
    Most recent answer on Aug 08, 2020
    The best answer (on Aug 04, 2020) is from:
    Sidi
    Expert
    McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 300+ candidates secure MBB offers
    Sidi
    Expert
    gave the best answer on Aug 04, 2020
    McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 300+ candidates secure MBB offers
    Hi! If you want to become really strong in thinking through cases, forget about all these types listed in the books (market entry, product launch, m&a etc.) These categories are completely useless. At the core, th ... (read entire answer)
    5
    Answers
    785
    Views
    61
    Total Upvotes
    on Aug 08, 2020
    Last Activity

    From tech to strategy

    consulting strategy technology
    Most recent answer on Jul 02, 2020
    Anonymous gave the best answer on Jun 29, 2020
    Hi there, I would say it is very doable as long as the overall profile fits the consulting profile (target school, relevant work experience, interesting achievements) Tech is becoming a core component of "Strategy ... (read entire answer)
    7
    Answers
    594
    Views
    26
    Total Upvotes
    on Jul 02, 2020
    Last Activity

    Digital Practice @Bain?

    Bain Digital strategy
    Most recent answer on Dec 17, 2019
    The best answer (on Dec 16, 2019) is from:
    Antonello
    Expert
    Content Creator
    McKinsey | MBA professor for consulting interviews
    Antonello
    Expert
    Content Creator
    gave the best answer on Dec 16, 2019
    McKinsey | MBA professor for consulting interviews
    Hi, in Bain, the digital practice is quite less established than the McK one and - differently from McK - it seems to be merged with the advanced analytics practice. Here you can find some interesting insights and succe ... (read entire answer)
    4
    Answers
    1.1 k
    Views
    3
    Total Upvotes
    on Dec 17, 2019
    Last Activity

    How would you market size the amount of rental bikes in LA/ another city/ ?

    Market sizing strategy
    Recent activity on Jun 02, 2019
    Anonymous gave the best answer on Jun 03, 2019
    Hi, For market sizing questions the following 3 aspects are important: State your approach: Which approach would you take? For example top-down approach, bottom-up approach, demand side, supply side etc. Sensiti ... (read entire answer)
    2
    Answers
    3.4 k
    Views
    9
    Total Upvotes
    on Jun 02, 2019
    Last Activity

    Strategy vs Operations Cases

    operations pricing strategy
    Recent activity on May 01, 2019
    The best answer (on May 01, 2019) is from:
    Sidi
    Expert
    McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 300+ candidates secure MBB offers
    Sidi
    Expert
    gave the best answer on May 01, 2019
    McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 300+ candidates secure MBB offers
    Hi! In essence, operations cases should be tackled just as profitability cases. Both belong to the same category of situations, i.e., diagnostic scenarios. (and by the way, these diagnostic scenarios are very different ... (read entire answer)
    2
    Answers
    1.6 k
    Views
    7
    Total Upvotes
    on May 01, 2019
    Last Activity

    Got stuck during an interview - Working capital reduction

    implementention management consulting SMC strategy working capital
    Recent activity on Jan 09, 2019
    The best answer (on Dec 04, 2017) is from:
    Oleksandr (Alex)
    Expert
    Very experienced ex-McKinsey consultant with cross-country expertise
    Oleksandr (Alex)
    Expert
    gave the best answer on Dec 04, 2017
    Very experienced ex-McKinsey consultant with cross-country expertise
    Simply accounting question. Working capital = current asset - current liabilities Working capital = long-term liabilities + equity - fixed assets Try to understand where the main value sources are at the moment ( ... (read entire answer)
    2
    Answers
    3.0 k
    Views
    1
    Total Upvotes
    on Jan 09, 2019
    Last Activity

    Discontinuing line of business in strategy cases?

    Case Interview MBB solution strategy
    Recent activity on Nov 20, 2018
    The best answer (on Nov 19, 2018) is from:
    Sidi
    Expert
    McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 300+ candidates secure MBB offers
    Sidi
    Expert
    gave the best answer on Nov 19, 2018
    McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 300+ candidates secure MBB offers
    Hi Anonymous, interesting topic! There are a couple of different angles you might want to consider here: Profits: you should first check whether the business line generates profits, and what the outlook to the fut ... (read entire answer)
    6
    Answers
    1.6 k
    Views
    5
    Total Upvotes
    on Nov 20, 2018
    Last Activity

    Case Study Question: Define what to include in a strategic plan

    strategic plan strategy
    Recent activity on Oct 15, 2018
    Anonymous gave the best answer on Oct 15, 2018
    I'd say that's a pretty solid structure. Missing points to add somewhere (I'm sure you included it implicitly, but make it explicit) Value Proposition & USP Marketing & Sales Risks & Mitigation ... (read entire answer)
    1
    Answer
    1.4 k
    Views
    2
    Total Upvotes
    on Oct 15, 2018
    Last Activity
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