Build hypotheses with decision trees (Case Interview & Management Consulting classics)
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For this episode, let's revisit
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss how build hypotheses with decision trees.
Building hypotheses is very difficult. Most candidates in a McKinsey, BCG et al interview would not know when to build the hypothesis, what comprises the hypothesis, how to test if it is MECE etc. This simple technique is one way to build hypotheses and used on real consulting engagements. It was developed to help candidates prioritize their analyzes and ensure the hypotheses are MECE. When practicing this technique note that the development of the decision tree must be done quickly and cleanly.
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Building hypotheses is very difficult. Most candidates in a McKinsey, BCG et al interview would not know when to build the hypothesis, what comprises the hypothesis, how to test if it is MECE etc. This simple technique is one way to build hypotheses and used on real consulting engagements. It was developed to help candidates prioritize their analyzes and ensure the hypotheses are MECE. When practicing this technique note that the development of the decision tree must be done quickly and cleanly.
Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
BECOME A PREMIUM MEMBER TO ACCESS MATERIALS ON STRATEGYTV.COM AND GET ON A PATH TO BECOME AN FC INSIDER (STRATEGYTRAINING.COM)
https://www.firmsconsulting.com/produ...
// FC BOOKS
Succeeding as a Management Consultant: https://amzn.to/3a3atTn
Turquoise Eyes: https://amzn.to/3bzVa6g
Turquoise Eyes Audio: https://www.audible.com/pd/B08T6JX14B...
Marketing Saves the World: https://amzn.to/2xcJqYA
The Strategy Journal: https://amzn.to/2QGft9d
Mavis: https://amzn.to/3iUkSWD
Strategy Insights: https://amzn.to/3pGcflh
The Private Equity Strategy Quick Guide: https://amzn.to/2ZTQi7L
The Operations Management Journal: https://amzn.to/32nMtc7
The Investment Journal - https://amzn.to/3u3g8mz
The Corporate Wellness Strategy Quick Guide - https://amzn.to/3jh8RgZ
The Digital & Information Technology Strategy Quick Guide: https://amzn.to/2UOlB4v
The Leadership Journal: https://amzn.to/3AQ3NXh
The Strategy Scenario Planning Workshop Flip Chart: https://amzn.to/37SxYjd
Digital & Information Technology Strategy Journal: https://amzn.to/3jmDmlu
If you loved and end up supporting the books with a review on Goodreads and Google Play make sure you reach out to [email protected] since we do have special initiatives for our most supportive and loyal readers.
LOVE THIS VIDEO and CHANNEL? HERE ARE NEXT STEPS!
1) SUBSCRIBE to our channel!
2) SHARE THIS VIDEO WITH A FRIEND
3) SIGN UP FOR YOUR FREE TRAINING on Firmsconsulting.com/promo
4) LET’S CONNECT!
►Facebook: Facebook: Firmsconsulting
►Facebook groups: Facebook: strategyskills and Facebook: firmsconsulting
►Instagram (company): @firmsconsulting
►Instagram (Kris's personal): @kris.safarova
►Twitter: @firmsconsulting
Kris's bio (FIRMSconsulting CEO): https://www.firmsconsulting.com/kris/
Our e-mail: [email protected]
// G E A R & OTHER AMAZON PRODUCTS WE LOVE
All our Amazon FAVORITES: https://www.amazon.com/shop/firmscons...
We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
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