The consulting interview process has two separate portions. The case interview and the fit interview, which is also called a PersonalExperience Interview (PEI) at McKinsey. These are designed to assess different skill-sets. While the case interview examines your analytical and numerical skills, fit interviews determine whether you have the soft skills for management consulting and …
The “Pyramid Principle” is a McKinsey problem-structuring tool. Barbara Minto first popularised it in her book and it has since come into common usage by consultants around the world. It is used for communicating in a fast, direct and efficient manner. Believe it or not, Barbara Minto also invented MECE! “By deliberately forcing yourself to …
MECE is every consultant’s favourite principle. It is the chief characteristic of every slide, conversation and thought for a consultant. MECE means mutually exclusive and collectively exhaustive. It is designed to limit the number of uncoordinated project parts, make sure everything is covered and ensure that nothing is covered twice. Barbara Minto originally coined the …
Everyone knows what strategy means but what purpose does it serve for businesses and more specifically, for consultants? This article is designed to help consultants think about this purpose of business strategy and consider some of the ways they might improve existing strategies. I looked at this question briefly in our analysis of management v …
Over the last three years, McKinsey has developed their ‘Digital Assessment’ with the help of Imbellus. This was initially presented alongside the PST. More recently, it has completely replaced it as the preliminary application assessment to test logic, innovation and clarity of thought. Since its inception at McKinsey, BCG has developed its own pre-interview test …
Consultants use a lot of jargon. It only takes a few weeks in the industry and you will be using every abbreviation and piece of insider vocabulary in the business. From “top down” to “boil the ocean” to “deep dive”, consultants have a shortcut for everything. These phrases are used across all sorts of consultancies …
“Agile” has become the consulting industry’s new favorite word. Everyone wants to have an agile team or be known for their incredible agility. Agile usually means the ability to move quickly and easily. But what does agile consulting mean? Agility in consulting is essentially business flexibility. It refers to the ability to evolve and to the …
This week we want to bring you a guide to the best consultancies in India. In no particular order, we have dealt with the top consulting firms, their positives, negatives and any other important information! There are plenty of resources offering information about the leading management consultancies across the globe. However, in places like India, …
On most projects there is an interviewing process. This usually takes place after the team has understood the gist of a problem. With a general project framework in place, you can start interviewing employees. Consultants do this in order to learn things that they can’t learn from the C-suite executives. This may be a direct …
