McKinsey Prep - Dom

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  • 7/31/2019 McKinsey Prep - Dom

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    Problem Solvingo We help leaders solve their toughest and most urgent problems. We have superior

    intellectual abilities and a practical sense of what works in complex organizations

    Achievement (Blue Devil Elite)o We strive to deliver distinctive and lasting client impact. This requires tremendous

    energy, determination, and judgment, particularly when working with multiple

    stakeholders under tight deadlines

    Personal Impact (Blue Devil Elite)o We work closely with a wide range of people in their daily jobs. This calls for strong

    communication skillsparticularly when addressing conflicting points of view. We are

    adept at building trusting relationships with clients to enlist their participation and

    support

    Leadership (Duke Lacrosse, Blue Devil Elite)o Leading people and fostering productive teamwork are critical to success here. Our

    leadership skills bring people together to drive positive change within organizations

    Duke Lacrosse Return fromConsulting Interview Preparation

    Why Consulting?.

    Walking through your resume:

    1. Fit

    Tell me about a time you had personal impact?

    Tell me about a time you failed?

    Tell me about a time you had to deal with people who were opposed to your ideas?

    Tell me about a time you worked with a team to achieve something meaningful?

    Tell me about a time you had to deal with conflict with a workmate?

    Tell me about a time you had to give negative feedback to a workmate?

    Tell me about a time you had to work with a team to meet a deadline?

    Tell me about a time you solved a problem?

    Tell me about a time you had to be diplomatic?

    What is your greatest achievement?

    Tell me about a time you worked in a cross-cultural environment?

    2. Case

    1. Recap

    I just want to make sure I have all the data.

    I am thinking of our clientas something similar to.is that the right way to be viewing this?

    Have I missed anything in the data?

    2. Confirm objectives

    And our objective is to..

    Are there any other objectives?

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    3. Pause

    Is it ok if I just take a moment to think about this problem?

    Take three deep breaths as you think about your framework

    4. Structure the problem using problem specific vocab

    LOGIC & BREADTH

    Write out first and second level issues and build third level as you talk

    In addressing this problem there are 3 main areas we need to explore: A, B, and C

    In A, I would like to look at a1, a2, a3, and in particular it will help us to understand 3rdlevel for detailed

    drivers.

    In B, I would like to look at b1, b2, and 3 and really get into these 3 rdlevel drivers

    In C,..and so on.

    5. Prioritise

    Id like to look at B first as I think BBBBB issues are likely to drive this problem. Do you have a preference forwhere we start?

    6. Listen to the interviewer

    Recap new info and confirm data (charts and tables)

    Breathe before answering questions

    Structure every answer

    Ask for a moment before starting a brainstorm or brief to CEO

    Write down every brainstorm

    Voice every assumption

    What else?

    7. Work the numbers

    Take a deep breath before attempting the numbers

    Set up the math before working the calculations

    Do a super rough ball park as gross error check

    Show the so what? of the calculation

    Highlight the result and come back to it at the end

    8. Synthesis

    Take a deep breath

    Our task was to..

    Based on our investigations to date, our client should..which will deliver ####

    Because of 1, 2, and 3.

    The risks to this are

    But they can be mitigated by.which makes this attractive option

    Our next steps should be to more fully investigate X, Y , and Z