logo
episode-header-image
Jul 2013
4m 20s

146: Estimation Sensitivities During Cal...

StrategyTraining.com & FirmsConsulting.com
About this episode
This podcast looks 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. 
Up next
Aug 17
876: The Lesson in Choosing to Resign (Case Interview & Management Consulting classics)
When I was an associate and had just joined the firm from a boutique firm, many of my colleagues from the boutique firm were also looking for new roles. Some of them were outstanding and others were terrible. Shortly after I joined the firm it was announced that some of the terri ... Show More
12m 9s
Aug 10
875: Using Storytelling in Cases (Case Interview & Management Consulting classics)
Storytelling is a very powerful technique to ensure someone remembers you after an interview. In fact, even when we screen people at Firmsconsulting today, we use this technique I applied as a partner. The rule is simple: if I can remember your key messages from the interview the ... Show More
23m 45s
Aug 5
874: Managed out of McKinsey & BCG? (Case Interview & Management Consulting classics)
Too many clients panic when they are managed out of McKinsey, BCG or Bain. They assume the worst and imagine a tattered reputation. This could not be further from the truth. In this podcast, let's revisit a Case Interview & Management Consulting classic where we explain why it is ... Show More
6m 55s
Recommended Episodes
Jun 2024
You can't untie market sizings and 80/20 thinking (and you can't be a consultant without 80/20 thinking)
This clip is an excerpt from episode 07. Why we taught estimations first, where we explain why our coaching method involved (and our current teaching method also involves) teaching estimations before anything else, the skills estimations allow you to learn in isolation, and the f ... Show More
7m 45s
Jan 2024
Value Engineering in 2024
<p>On today’s show we are talking about value engineering. This episode came from a conversation that we were having internally on one of our projects. The thought process comes down to evaluating multiple ways of accomplishing the same outcome before you know which optimizations ... Show More
5m 17s
Apr 2024
965 - Trading Expectations - Are Yours Right?
<p>Something as simple as having the right expectations can have a MASSIVE impact on your trading future. </p> <p>Please remember to RATE &amp; REVIEW the podcast before you leave.</p> <p>Your Trading Coach Akil.</p> 
13m 6s
Jul 2019
Podcast 150: Workforce Planning
Many organisations still shy away from this important combined business practice and HR led strategy as it can appear to be too complicated a task. This podcast encourages organisations of all sizes to start small and build on the data and analysis that will inform the practices ... Show More
25m 18s
Jun 2022
S7E13: Making Sense of Case Math (3/5)
Send us Fan MailIn the 3rd episode of this Intro to the Case Interview series, we're talking all things mental math - how to approach it, how to drive to insights, and how to translate charts and graphs.Additional LinksJoin Black Belt case prep program: LEARN MORECase coaching wi ... Show More
16m 15s
Sep 2025
The Fishing Hole Fallacy: Why High R:R Wins Dupe Traders
Our first visual podcast! Many more to come, and we promise to get better!We emphasize "feel" a lot on this podcast, but in this episode Jordan talks about an area that takes detailed analysis... determining whether what you're doing ACTUALLY works, or whether you're letting the ... Show More
10m 26s
Dec 2023
913 - Patience, Perfection, Expenses & A Sneaky Trick To Keep You Out of Trouble
<p>BIG episode talking about a lot including the importance of patience, perfection, trading expenses &amp; a sneaky tactic that you can use to keep you out of trading trouble.</p> <p>Learn to Trade at https://tieronetrading.com/</p> <p>Your Trading Coach - Akil </p> 
15m 51s
May 2024
Negotiating Without Negotiating
<p>On today’s show we are talking about the kinds of questions that are helpful when determining the scope of a project. </p> <p>We are often given estimates by contractors for work to be performed. Those elements that have the largest variability continually seem to be related t ... Show More
4m 57s
Dec 2023
904 - Voting vs. Weighing - See The Big Picture
<p>How time will show you the true value of something &amp; why you shouldn&#39;t be too quick to judge in the short-term.</p> <p><br></p> <p>Make sure you follow me on social media for more daily trading tips @AkilStokesRTM</p> <p><br></p> <p>Your Trading Coach - Akil </p> 
11m 46s
Jun 2021
Podcast Intros, Messaging, and Engagement (Do it Right!)
<p>#132: Are you struggling to get the engagement and growth you desire? I find often their are many small things that can be improved for massive growth.<br/><br/>Today, we&apos;re covering several points that can make all the difference when it comes to your podcast: <br/><br/> ... Show More
17m 23s