Category: management consulting

Articles Recap: Week of September 8, 2019

Driver Trees A Driver Tree is a framework that makes complex problems more manageable. Check out the article and see how to use Driver Trees. [cta_button button_link="https://demo.managementconsulted.com/management-consulting/driver-tree-what-is-it/" button_text="See The Framework"]   Case Interview Video Conference - Top Tips Case interviews over video conference have some interesting differences. See here how to capitalize on those differences…

MBB: McKinsey, BCG, Bain – Are They Really the Best?

If you have been looking into consulting as a career possibility, you’ve probably heard of “MBB” - McKinsey, Bain, and BCG. These three firms are the holy trinity of consulting firms and are the companies that thousands of candidates vie for. But what exactly makes them the best? In this article, we’ll be going over…

Driver Tree: What Is It?

The driver tree is one of the oldest frameworks for business thinking. The tool’s roots trace back to the 1920s, when DuPont used the driver tree to define Return on Investment (ROI) as a function of profitability, financial leverage, and asset turnover. Sound confusing? Don’t worry about the fancy finance lingo - that’s not what’s…

Article Recap: Week of September 1, 2019

Mental Models Mental Models play into just about every situation. They also help to make sense of why you make the decisions you do. Check out this super interesting and enlightening article! [cta_button button_link="https://demo.managementconsulted.com/management-consulting/mental-models-what-are-they/" button_text="See The Article"]   Investment Banking: My Journey from Deloitte Consulting Deloitte is one of the top accounting firms to work…

How To Get Into Consulting: 5 Steps To Take

So you want to be a management consultant? Unfortunately, millions of others decide the same thing every year. The management consulting recruiting process is one of the most competitive processes in the world. With so many candidates vying for limited spots, it can often seem impossible to know how to get into consulting. That’s where…

Mental Models: What Are They?

At some point in your business career you’ll likely hear management types discussing mental models and the positive or negative effects these models can have on teams. To the uninitiated, this can sound confusing. In the management world, the mental model definition refers to an individual’s inherent frame of reference or experiences that color how…

Article Recap: Week of August 25, 2019

BCG Pymetrics Test BCG is following suit with other MBB firms and adding a digital component to their case interview process. See what it entails here. [cta_button button_link="https://demo.managementconsulted.com/case-interview/bcg-pymetrics-test/" button_text="See The Article"]   Resume Keywords: Consulting Action Words See what the best words are for your consulting resume! [cta_button button_link="https://demo.managementconsulted.com/consulting-resumes/resume-keywords-consulting-action-words/" button_text="See The Best Words"]   80/20…

80/20 Rule (Pareto Principle) Explained

The 80/20 Rule, also known as the Pareto Principle, has been a seminal principle in prioritization, efficiency, and working "smarter" for over 100 years. In short, the 80/20 Rule helps you get the biggest return from the least possible amount of effort. Listen to Jenny Rae as she explains what the 80/20 Rule is, its'…

Article Recap: Week of August 18, 2019

Case Presentation Interview: New Style of Case Interview Firms are constantly trying to get the edge in hiring. Check out their latest iteration. [cta_button button_link="https://demo.managementconsulted.com/case-interview/case-presentation-interview/" button_text="See The Article"]   Networking: Get Offers at McKinsey Bain BCG See how to network your way into MBB! [cta_button button_link="https://demo.managementconsulted.com/consulting-networking/networking-how-to-land-offers-at-mckinsey-bain-and-bcg/" button_text="See How Now"]   Case Competition See how being…

Porter’s Five Forces Explained

Porter's Five Forces explained so you can understand the underlying business principles. The Porter's Five Forces framework isn't a framework that is required or used in the consulting case interview. But you should understand the individual components and they may be items that you would use to look at a business problem. Consultant's should be…