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Bain & Company Can someone recommend a good starting point on how to go around solving case interviews? What frameworks should I follow? I am kinda new to case interview and want to develop skills to solve them. Any books, online sources would be really appreciable. Deloitte EY-Parthenon Strategy& McKinsey & Company Boston Consulting Group Bain & Company
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Ambiguity is your friend. If nobody knows what we’re talking about, whoever speaks first is the expert.
Rising Star
This is where talking with folks more senior than you can really help. I’ve been consulting for 20 years, and I’ve likely seen the same type of ambiguity several times before. I may not know how it’s going to shake out, but I can certainly help you with different ways to think about it / manage it / ride it out.
I love to help with these types of problems because it shows the consultant is highly aware of their surroundings, open & vulnerable with what they’re thinking, and looking for different approaches, rather than “the answer”
Thank you for being one of those who serve as a guiding light through ambiguity.
No books specific to this but a growth mind set to continually educate myself on the market and client needs plus my own personality and work experience. I deal personally well with an uncharted territory-it is exciting to me vs. stressful (which I observed is the case for some). Plus the longer I am in consulting the better it gets- that experience teaches me that there is always some level of ambiguity at the beginning of project, I accept it as normal, and know we will waddle our way through it.
Honestly, I've seen only a bit of truly authentic ambiguity and a lot of ambiguity due to poor team leadership. If you're struggling to work through ambiguity, ask yourself if this is something you can outline the potential options of and work through.
Could you elaborate on the latter statement?
Great question. I've been reflecting on this lately and one of the books that best helped me with this was "Embracing Chaos" by Tom Peters that I listened to while driving to my clients 20-30 some years ago
Looked into this - turns out it’s only available on tape :) I’ll look around for an updated version. Hehe
When I come to situations when no one knows much I ask myself a few questions
1. What would I do?
2. Why would I do that?
3. How would I do that?
If I can convince myself with those answers then I think they are good enough to be spoken out loud. With none knowing the path forward this gives me the first mover advantage and everyone's attention