Strategy Simplified

Send us a textThe STAR Method is an effective way to structure your answers in behavioral interviews. We also quickly talk about CAR, the STAR Method's simplified cousin. In this episode, we're covering:What does STAR stand for? (2:13)Why is the STAR Method important? (3:17)When to use the STAR Method (4:05)STAR Method interview questions and answers (7:54)Additional LinksBreak into consulting with MC's Black Belt interview prep program: BLACK BELTNeed STAR Method interview coaching? Reach out to the team today: EMAILThis episode is brought to you by:L.E.K. Consulting - learn about open rolesPalm Tree - explore rolesConnect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube! Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us (team@managementconsulted.com) with questions or feedback.

A case study on investing in a grocery delivery app is discussed, including the assessment dimensions and feedback provided to the candidate. The podcast also explores the objective, footprint, and portfolio of the investment fund, along with analyzing acquisition costs and finances. Calculations and findings are shared, and the importance of clarifying questions and prioritizing in decision-making is highlighted.

Send us a textIn this episode, Stephanie - in real time - tackles a BCG-style chatbot case. Can she solve it?Listen as she breaks down what chatbot cases are (3:35), runs through the case (16:54), and finally, breaks down her performance (35:56). The link for the video screenshare of the walkthrough is below.Additional LinksWatch Stephanie walk through the case on video: VIDEOSolve the chatbot case from this episode: FREE CASEPurchase the chatbot case library (12+ cases): PURCHASEThis episode is brought to you by:L.E.K. Consulting - learn about open rolesPalm Tree - explore rolesReal Talk About MarketingAn Acxiom podcast where we discuss marketing made better, bringing you real...Listen on: Apple Podcasts   SpotifyConnect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube! Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us (team@managementconsulted.com) with questions or feedback.

Send us a textKeith Bevans, Bain Partner and Head of Consultant Recruiting, is back on Strategy Simplified to talk all things recruiting. In this fun conversation, we cover:The state of the consulting industry (3:43)Who is eligible for consulting and back-office roles at Bain (hint: more types of profiles than you'd think) (6:30, 12:34, 21:14)Bain's hiring targets for 2022 (17:00)When to apply for consulting roles (23:39)Bain's approach to interviews in 2022 - virtual or in-person? (29:28)Travel at Bain post-Covid (32:02)How Bain is leading the way in employee wellness (35:30)& so much moreKeith busted a number of myths about the consulting industry as a whole and Bain specifically. If you're considering a career at Bain, you can't miss this conversation. What are you waiting for? Dive in!Additional LinksExplore careers at Bain: CAREERSListen to Bain's Beyond the Bio podcast on employee wellness: LISTEN NOWThis episode is brought to you by:Palm Tree - explore rolesL.E.K. Consulting - learn about open rolesReal Talk About MarketingAn Acxiom podcast where we discuss marketing made better, bringing you real...Listen on: Apple Podcasts   SpotifyConnect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube! Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us (team@managementconsulted.com) with questions or feedback.

Learn about the McKinsey Problem Solving Game (PSG) and how to prepare for it. Get tips on problem-solving skills, decision-making, and situational awareness. Enhance mental math skills and use video games for strategic thinking. Get personalized assistance and support for further preparation.

Send us a textLearn about open roles at L.E.K. Consulting: L.E.K. CAREERSIn this episode, we're joined by Maria Steingoltz, a Managing Director at L.E.K. Consulting. She shares with us about the firm, the work it engages in, and a case study from a recent client engagement. From the case study, you'll learn learn how the generalist strategy consulting firm approaches ambiguous problems, structures engagements, staffs project teams, and thinks about strategy and implementation. It's a fascinating listen for any current or future consultants!Interested in working for "The Growth Guys" (AKA L.E.K.)? Learn more via the firm's website. Additional LinksFood & Beverage consulting at L.E.K.: LEARN MOREGet ready for consulting interviews with our Black Belt case prep program: START HEREReal Talk About MarketingAn Acxiom podcast where we discuss marketing made better, bringing you real...Listen on: Apple Podcasts   SpotifyConnect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube! Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us (team@managementconsulted.com) with questions or feedback.

Send us a textLearn about open roles at L.E.K. Consulting: L.E.K. CAREERSBrendan Mullen is the Managing Director of Secha Capital, a Private Equity fund in South Africa. The fund takes a unique hands-on approach to the businesses they invest in through an operator-investor model.The firm is actively hiring and is specifically looking to add management consultants to the team. If interested, check out Secha's website or reach out to Brendan directly via the links below. Additional LinksLearn more about Secha Capital: WEBSITEContact Brendan: EMAIL Follow Secha on Twitter and LinkedInGet ready for consulting interviews with our Black Belt case prep program: START HERE Real Talk About MarketingAn Acxiom podcast where we discuss marketing made better, bringing you real...Listen on: Apple Podcasts   SpotifyConnect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube! Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us (team@managementconsulted.com) with questions or feedback.

A case interview is conducted with an MD candidate from Harvard who is applying to McKinsey, Bain, and BCG. They discuss goals, revenue sources, and potential market expansion of a financial services company. The risks of expansion into the UK market are analyzed. The math portion of the McKinsey financial services case interview is explored, including a shortcut using the rule of 72. Strategies for generating ideas and the significance of timing and structure in case interview frameworks are discussed.

Send us a textAs we wrap up this Intro to the Case series, we're talking about the final recommendation. The final recommendation is an opportunity at the end of a case interview to provide a concise, clear, and structured recommendation to answer the case objective.It's one of the most critical pieces of the interview, because it's the interviewer's last impression of you. Make sure you finish strong by listening to this episode!Additional LinksJoin Black Belt case prep program: LEARN MOREWork with an MBB coach to practice final recommendations: COACHINGConnect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube! Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us (team@managementconsulted.com) with questions or feedback.

Send us a textVarun Madan made the leap from consulting in India with McKinsey to Deloitte in the U.S. through a series of strategic moves. If you're an international candidate or consultant wanting to transition to the U.S. - listen up! This episode is worth its weight in gold.Varun also shares some bomb recruiting tips from his 10+ years in the industry.Additional LinksJoin Black Belt case prep program: LEARN MORESubmit a question for the team to answer: EMAIL USReal Talk About MarketingAn Acxiom podcast where we discuss marketing made better, bringing you real...Listen on: Apple Podcasts   SpotifyConnect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube! Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us (team@managementconsulted.com) with questions or feedback.