Acing a consulting case live so you can just copy me (BCG R2)

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#consulting #managementconsulting #caseinterview

TIMESTAMPS
0:00 Intro
0:31 An important note
0:56 Case introduction
1:19 Restate context and ask clarifying Qs
4:38 Develop a framework
9:07 Analyzing unit economics
12:45 A common mistake people make
13:59 Analyzing customer preferences
15:20 Brainstorming portion
18:20 Synthesis and closing the case

Current Sub Count: 1,897

[mamacita]

please don't stop making these! you made it so simple to understand and as soft spoken as you are it was still very engaging!

[noa_]

I love how calm you speak and down to earth.

[MyFavK-Artist]

I'm blown away by the structure of the video. It is incredibly organized and easy for beginners to follow along your thought process. I really enjoyed and learned a lot from the video and has been hooked ever since randomly coming across one of your videos.

Thank you so much!

[EmilByriel]

Hey Matt, havent had the time to watch your videos in a while! I'll catch up on them today! You seem like the type of guy i'd enjoy having around me. Have a great day!

[cheryl]

This has been the most helpful video I've come across on YouTube, as I prepare for the first case interview in my career...I feel more confident after hearing your tips and advice! Thank you Matt!

[tilarmeister]

what i liked about ur video is how you not only gave advice on the framework, but also tips to handle the interview better (like pausing and letting interviewer give u cue, or asking interviewer if u are on the right path etc.). Those are really impt points that I feel will make the interview a lot less stressful!

[yongyang]

Love your well structured thoughts. Draw on knowledge from mircroeconomics /financial ratio /strategic management 😊

[enricotoma]

Thank you so much Matt! I'd love if it there would be more videos like this in the future.

[eugenlow]

Love the way this video is conducted, particularly helpful as an intro to case interview. I've laid out my own framework to help the discussion and perhaps get some feedback. I opted for a more and objective-driven structure and inserted some hypothesis which mirrors closer to how a consulting project is conducted in real-life

1. Market Dynamics - What's the overall dynamics of the market
a) Size, Growth of serving restaurants - If the market is still growing significantly, it's easier to compete than it is in a stagnant one
b) Competitive landscape - If it's concentrated, we will have a better footing and make it hard for new entrants
c) Barriers for Chalice such as political, regulatory - There might be a shifting perception to buy local in the US and this helps our case. Also are there any tariffs for Chinese goods that may solidfy our case

2. Remain Competitive - Can we hold our advantage
a) What's the buying criteria for restaurants? -> Product, Servicing, Reliability, Prices, Quality
b) How does our product stand against competitors?

3. Generate Solutions - Where are the gaps from 1 & 2 we can take advantage of?

4. Alternatives
a) If supply is not yet 100%, how can we optimise to fulfill our orders faster and better
b) If demand is unmet, what other restaurants can we target and perhaps do we venture into other FnB related areas like (Clubs, Hotels, Tourism)

[Sejal]

Realising that management consulting is probably one of my career prospects now, thank you!

[forthechickens]

Hi! I’m a high school student trying to learn more about the consulting industry and your videos have been really helpful for me. Thanks and keep it up!

[SeanTran]

I have done this exact case, love seeing your perspective on it!

[nguyentranbaokhanh]

you should definitely continue this cracking case interviews series! i love the video <3 keep it up

[ava]

This was such an informative and insightful video that I came across by chance and I absolutely loved the Business Situation framework as it assisted in breaking down the entire case and analyzing it strategically from all the crucial aspects and perspectives. Thank you for doing what you do!

[greatgastbypotato]

you are the men ! thanks for the help.Amazing content

[aravindps]

Hey Matt, your contents are super helpful and watching them is much better than reading some of the case books. Keep posting.

[ranpark]

I like your ideas on the second question, but my recommendation would be spending more on service reliability and increase price a bit more than cost increase (since customers don't care as much about price as service reliability) to guard their profitability. This way they can fight off the potentially declining revenue from their competitors that would rely on lower price.

[spashdad]

So i really liked the cases. Its been years i even did one. With the conclusion i believe your stance could be made first then followed by the supporting evidence as to why you make the recommendation and then follow up with risk or and next steps

[justin-t-]

love this series. need more of this Matt! much love

[picklesun]

Thanks for the video, it was incredibly helpful. Some of the ideas that were mentioned in the video were particularly great.