logo
episode-header-image
Oct 2023
5m 1s

620: Estimation Sensitivities During Cal...

StrategyTraining.com & FirmsConsulting.com
About this episode

For this episode, let's revisit a Case Interview & Management Consulting classic where we look at how to make estimations when calculating smaller values or working with enclosed spaces like restaurants, the importance of sensitivity analyses and a new limitation of demand-driven cases. This is a very important technique which can significantly improve accuracy and efficiency in case math.

Here are some free gifts for you:

Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach

McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf

Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Up next
Yesterday
796: You Cannot Join McKinsey Strategy (Case Interview & Management Consulting classics)
Far too many candidates demonstrate poor knowledge of consulting by insisting that they want to work for McKinsey strategy and not operations or BTO. This is a flawed strategy which will only hurt their chances in the short, medium and long-term. This podcast explains why and how ... Show More
10m 40s
Jul 7
795: Ignoring partners in an interview (Case Interview & Management Consulting classics)
You have been brainwashed by every single forum and case book to assume that McKinsey wants a framework and set of hypotheses, that you have stopped listening as carefully to the interviewer and simply providing hypotheses even when the interview is not asking for them! Here are ... Show More
9m 41s
Jul 2
794: Evaluating your firm's training (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss consulting firm's training. Too often clients ask the wrong questions when it comes to assessing training at consulting firms: do smaller offices have poorer training, should I atten ... Show More
13m 17s
Recommended Episodes
Jul 2023
366: What if the client demands more analyses? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills, where we cover a topic about what to do if the client demands more analyses. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/Ove ... Show More
23m 36s
Oct 2023
391: How to complete logical case studies? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills where we discuss how to complete logical case studies. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & ... Show More
10m 25s
Jan 2024
419: The one thing every consulting case study must produce (Strategy Skills classics)
For this episode, let's revisit a Strategy Skills classic where we discuss one important thing every consulting case study must produce. Subscribe to FIRMSconsulting's YouTube channel: http://bit.ly/Firmsconsultingsubscribe Here are some free gifts for you: Overall Approach Used ... Show More
8m 33s
Apr 2024
438: Scenario planning's common problems (Strategy Skills classics)
For this episode, let's revisit a Strategy Skills classic where we discuss scenario planning's common problems.   Scenario planning / Scenario Analysis is a powerful tool in consulting. This is how to move from being a consultant to thinking and presenting like a partner.   Here ... Show More
9m 21s
Nov 2023
401: How to conduct a value chain analysis (Strategy Skills classics)
For this episode, let's revisit one of Strategy Skills classics where we take a brief look at how to conduct a value chain analysis.  Click here to see the full study and here to see the merger study and market entry study. Here are some free gifts for you: Overall Approach Used ... Show More
8m 46s
Jan 2024
416: Consulting workshop best practices (Strategy Skills classics)
For this episode, let's revisit a Strategy Skills classic where we discuss consulting workshop best practices. Subscribe to FIRMSconsulting's YouTube channel: http://bit.ly/Firmsconsultingsubscribe Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy S ... Show More
9m 59s
Jan 2024
411: How important is corporate strategy? (Strategy Skills Classics)
For this episode, let's revisit a Strategy Skills classic where we discuss the importance of corporate strategy. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning ... Show More
9m 13s
Jan 2024
418: The most important output in a consulting study | management consulting project | benefits case (Strategy Skills classics)
For this episode, let's revisit a Strategy Skills classic where we discuss one important thing you always need to present in all of your management consulting projects, a business case. If you are not presenting a business case to a client, or a benefits case, I prefer the word b ... Show More
10m 15s
Apr 2024
439: How to think about financial strategy | management consulting (Strategy Skills classics)
For this episode, let's revisit a Strategy Skills classic where we discuss about financial strategy.   Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume f ... Show More
9m 37s
Jul 2023
365: What happens if the client asks for proof of the strategy? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills, where we cover a topic about what happens if the client asks for proof of the strategy. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsult ... Show More
20m 34s