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Case Workshop. October 19, 2011. Purpose of the Case Interview. See how you think about and structure a given problem Communicate under pressure Quantify your answer – PERCENTAGES! Fit with the industry & the firm’s consulting approach. Types of Case Questions. Market-sizing
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Case Workshop October 19, 2011
Purpose of the Case Interview • See how you think about and structure a given problem • Communicate under pressure • Quantify your answer – PERCENTAGES! • Fit with the industry & the firm’s consulting approach
Types of Case Questions • Market-sizing • Population, household, individual, misc. • US Population = approx 320MM • Number of households = 100MM • Life expectancy = 80yrs • Even age of distribution • Business Case / Oral and Written • Profitability, industry analysis, market expansion, pricing & strategic planning
12 Most Common Case Scenarios Strategy Scenarios • Entering a new market • Industry analysis • M&A • Developing a new product • Pricing strategies • Growth strategies • Start a new business • Competitive Response Operations • Increasing sales • Reducing costs • Improving the bottom line • Turnarounds
Structuring your Notes Case Notes Here you write down all the information that the interviewer gives you! Objective Write answers to the questions that you asked about the case Formulate your structure Here
At the Very Least • The first four steps…. • Summarize the question(s) you are tasked with answering • Verify the objective(s) • Ask questions • Identify & label the case – layout your structure
Skill Sets • Quantitative – math w/o a calculator • Percentages, Breakeven, Weighted Avgs, NPV, Mult/Div w/ decimals • Summarization • Silence – not too much! • Rebounding • Analysis