Case study interviews test potential consultants in various ways by candidates a little problem at work over a certain period of time. First, they test the strength of problem-solving skills of potential consultants. Second, they test how new customers are dealing with unforeseen situations and unknown. Third, to what extent to assess the respondents reporting. Finally, interviews were developed case studies to potential consultants work in teams to show.
What should be done in advance
Some companies such as Bain & Company, McKinsey & Company and Boston Consulting Group (BCG) case studies and practical tips for preparing for the interview. It is advisable to do background research in advance. Before an interview is scheduled, the facts already known, the preferred methods of consultation, the names of key players within the company and the types of customers and understand cases the company works. Recent press releases are useful for research on the company and its projects.
In addition to case studies on the websites is the business section of your local newspaper (the Wall Street Journal) useful. Many news reports in this section provide working materials for the preparation of cases. Answer practical questions, like you, the company that the Council are based on, and this should be developed before the continuation of the process.
How to prepare
In addition to collecting the news articles, sample questions from case studies and background information on each of the companies you interview with, it is important to practice how to answer questions during the interview. Here are some tips.
1. Use online, interactive, practical case studies. Here you will find case studies on large company websites. Thus offers, for example, Bain & Company three case studies, interviews, in their field of applications of the practice. Use case studies you are undertaking for an interview.
2. Watch latest press releases from the company you are interviewing. What kind of work be included? Who will be the customer?
3. You can easily create a folder in a newspaper article. If these companies were your customer, what would you recommend they do? Why? Working through the case as if you were in the interview situation.
4. A cinch interview method of T. You can read a book with interviews of cases, as you get the best consulting firms buy or Darling Case in point: complete case interview preparation of Marc. P Cosentino and work through their case, for example. The books are available and additional tools to help you solve cases.
5. Find a partner to practice. Perhaps you have a colleague, friend or family member who are willing, that is through some of the cases in the books guide. Cosentino’s book includes a guide for those who help you practice advice on how to ask questions and reveal new parts of the problem.
6. organize the situations, team work, a working group through case together. It’s better when you are in an MBA program, or if you have to work a group of friends, use as a consultant.
7. Narrative answers in a digital voice recorder, tape playback, analyze what could be better, and what works.
The day of the interview
During the interview it is important away relaxed and confident. Make sure that the question and the example are included. Reaffirming the case may be useful. Do not be afraid to ask questions. Be prepared for anything. Additional information about the case can be made at any time. Speak slowly and clearly. Finally, so that the structure of the argument it easier for your partner to understand your position.
Case Studies Example
Your client is a large bank buys a large reward credit card franchise. You have two teams in the dispute over the new acquisition, or they can make this global franchise, incentives for those who have bank accounts only, reward, or they can keep the franchise open to all buy into the program. Your customers need, in the profit potential of the two options compare and decide which would be the best outcome for the company to make. Make sure the reasons for your decision list.
Your customer is a real estate company made hard by the recession. They presented strategies you recommend to make them profitable economic slowdown. You need to examine ways they can market and find one position for long-term growth and recovery. Once the problems were identified with their current approaches, a strategy that will bounce back real estate company.
Your customer has made sports clothing for adults for years and wants to open a new department of the child. They made it to see if it would be a profitable decision. Assess the revenue potential of this activity. Explain what areas you should explore whether it be a profitable business enterprises. What is the potential for growth of your customers when they grow up? What are the most cost-effective ways to grow your customers? Why have these methods?
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