Case Interview Preparation & Management Consulting | Strategy | Critical Thinking

753: Building Hypotheses From Data Exhibits (Case Interview & Management Consulting classics)

Feb 10, 2025

Struggling with reading graphs? Discover a simple four-step process to improve your understanding of graphical data. Learn how to effectively analyze data during case interviews, focusing on client objectives and hypothesis development. The One-Sentence-Test technique can transform your interpretations into clear insights. This engaging discussion offers vital strategies to elevate your consulting skills!

13:11

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Quick takeaways

Understanding the unique goals of clients is essential for extracting actionable insights from graphical data beyond mere interpretation.

Developing clear, specific hypotheses based on data analysis is crucial for effective recommendations tailored to a client's strategic context.

Deep dives

Understanding Graphs Effectively

Many individuals, regardless of their educational background, struggle with interpreting graphs correctly. The primary challenge lies not in understanding the axes but in utilizing the data after interpretation. A method known as the fish diagram has been introduced, which comprises a four-step rule designed to simplify graph analysis. This approach encourages individuals to look beyond mere data points and extract overarching insights relevant to specific business objectives.

Mastering Graph Interpretation with a Simple Four-Step Method

2min

Mastering Data Analysis in Case Interviews

12min

Reading graphs is a perennial problem for many candidates. Yet, the problem is not the interpretation of the graphical data itself. Rather, it is knowing what to do with that data once you have interpreted it. This podcast introduces a simple 4-step process we introduced for a Yale doctoral client, Felix, and a technique called the One-Sentence-Test which we again developed for the same client. The improvement in her answers warrants sharing this technique. You can see Felix's Improvement in Season One of The Consulting Offer.

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