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

Nov 2023

397: Period case studies (Strategy Skills classics)

For this episode, let's revisit one of Strategy Skills classics where we discuss a special type of case study called a period case study which is significantly harder to do, but incredibly useful. Most consultants prefer case studying the latest and greatest fad, which is extreme ... Show More

12m 18s

Dec 2023

408: Professional values on studies (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we will talk about general professional values or etiquette that consultants should apply during an engagement. We specifically discuss things that consultants sometimes do on studies that may alienate the client. An ... Show More

16m 2s

Jul 2023

364: How confident must I be to lead the workshop? (Strategy Skills classics)

For this episode, let's revisit one of the classics by Strategy Skills, where we cover a topic about understanding the readiness and level of confidence required to go out there and lead. Here are some free gifts for you:Overall Approach Used in Well-Managed Strategy Studies free ... Show More

22m 28s

May 16

S17E28: 7 Must-Know Math Formulas to Ace the Case Interview

Send us a textCase interview math doesn't have to be scary - if you know the formulas. In this episode, we break down the 7 essential math formulas every candidate must master to succeed in consulting interviews. Tune in to learn:The difference between gross profit, EBIT, and EBI ... Show More

9m 39s

Jan 2024

412: Overall goal of every consulting interaction (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we discuss the overall goal of every consulting interaction. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & ... Show More

8m 7s

Oct 2024

S15E12: Case Interview Math for Non-Math People

Send us a textCase interview math is HARD. Especially for "non-math" people. If that's you, this episode with Eli Gentle - former McKinsey Engagement Manager - is for you. Eli breaks down:3 types of case mathThe 4-step process to solve case math6 rules for case mathThe 2 mos ... Show More

12m 42s

Sep 2024

S15E3: 4 types of case interview formulas - and the formulas you NEED to know

Send us a textKnowing case interview formulas won’t necessarily set you apart - but not knowing them will almost certainly lead to failure. It’s critical to not only know the key case formulas, but also how and when to apply them to business problems. In this episode, we’ll discu ... Show More

8m 16s

Oct 2024

How to Get Forecasting Right

Do you know the difference between accurate forecasting and effective forecasting? Technology forecaster Paul Saffo says accurate forecasting is nearly impossible to do. But if you aim for effective forecasting, he notes, then at least you’re considering the full range of reasona ... Show More

15m 40s

Jan 2024

Beware of the Root Cause Trap in profitability cases

This clip is an excerpt of episode 10. 3 Vicious Traps of Profitability Cases, where we talk about three traps that most candidates bring upon themselves when solving profitability cases, and how to avoid them. If you can avoid those traps, you will find it much easier to solve e ... Show More

12m 23s

Jan 2025

519: Bain & Company's Partner Rob Markey on Customer Strategy, Customer Loyalty and Retention (Strategy Skills classics)

In this episode with Rob Markey, we will discuss valuing and measuring customer loyalty. Rob highlights the gap between executives' intentions to prioritize customers and their actual practices, noting that only 8% of customers believe they receive exceptional experiences, despit ... Show More

1h 7m

788: Estimation Sensitivities During Cal...