Case Interview Preparation & Management Consulting | Strategy | Critical Thinking

  • Author: Vários
  • Narrator: Vários
  • Publisher: Podcast
  • Duration: 339:41:37
  • More information

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Synopsis

Firmsconsulting maintains a 80% success rate at placing clients within McKinsey, BCG and Bain. This is the highest in the industry and the rate is higher if we include other firms. We achieve this rate because we only use former partners from McKinsey, BCG et al to develop our clients. This makes us unique. We never use analysts, associates, engagement managers or associate principals. We also carefully select and develop clients on their communication, image, technical and case interview skills.All the techniques we teach are also used in our highly successful program "The Consulting Offer" where we take real students and train them for interviews, and publish all the videos online. In every season, the show has succeeded to place candidates.This podcast channel describes our lessons from training our clients.www.firmsconsulting.comwww.strategytraining.com

Episodes

  • 550: Understanding cryptocurrency and blockchain (with Ravi Sarathy)

    13/02/2023 Duration: 01h01min

    Welcome to an episode with a Professor of International Business and Strategy at Northeastern University's D'Amore-McKim School of Business, Ravi Sarathy. What happens if a company or country regulates its own digital currency? In this episode, Ravi Sarathy answers very interesting questions about blockchain and cryptocurrency. He outlines the features and capabilities of a blockchain, the implications of using it, and how organizations can leverage blockchain to their advantage. Ravi Sarathy is the author of Enterprise Strategy for Blockchain, published by MIT Press in Oct. 2022, in which he explains how companies can gain a competitive advantage by developing and deploying blockchain capabilities. Ravi has published in journals such as Journal of International Business Studies, Journal of Management Studies, Long Range Planning, Small Business Economics, and California Management Review. His previous book was Firms within Families: Enterprising in Diverse Country Contexts. His research interests are in glob

  • 549: Is there a decline in US industrial prowess? (with Nick Santhanam)

    08/02/2023 Duration: 54min

    Welcome to an episode with Nick Santhanam, the CEO of Fernweh Group, an investment company adapting an engaged investor & operator model (EIOM) to create alpha in the industrial and industrial technology sector. In this episode, we dig deep into the prevailing narrative about the decline of manufacturing in the US and if that is the case, the actions needed from the government to bring back the US as a thriving manufacturing nation. Nick Santhanam is a former Senior Partner at McKinsey & Company’s Palo Alto office and was the leader of their global industrials practice. In addition, Nick was the global convener of several McKinsey annual events, including the Industrial CEO event (GILS), Industrial-tech and Semiconductors CEO event (T-30), Food Processing CEO event (FPH-30), and Senior Tech Influencers Summit (TEDS). He co-authored several of their leading industrials research: McKinsey on Industrials, McKinsey on Food Processing and Handling, and McKinsey on Packaging. He is also on the Advisory Boar

  • 548: Winning Against All Odds (with Daphne Jones)

    06/02/2023 Duration: 01h20min

    Welcome to an episode with a highly regarded global executive, Daphne E. Jones. In this episode, Daphne shares her inspiring journey of overcoming criticism, judgment, racism, and doubt. She was told by her career counselor that Black girls don’t successfully make it in college, but should instead go to secretary school. Today, Daphne is a corporate board member who has held CIO and other leadership positions at Fortune 500 companies including IBM, Johnson & Johnson, Hospira (now Pfizer) and General Electric. With the right mindset and perseverance, Daphne defied everyone’s doubts, overcame life’s challenges, and emerged victorious. Daphne also discussed the role and significance of finding the balance with your 5 F’s (faith, family, finances, fitness, and furthering your career) to succeed in life. She also elaborated on the 4-step EDIT methodology (Envision, Design, Iterate, and Transform) that enables women to transform their mindset to win. Daphne E. Jones has 30+ years of experience in general manage

  • 547: Designing Company Culture (with Mauro Porcini)

    01/02/2023 Duration: 01h26min

    Welcome to an episode with the first-ever Chief Design Officer and SVP of PepsiCo, the world's second-largest food and beverage company, Mauro Porcini. In this episode, Mauro talked about how his career started and how his love of what he is doing helped made PepsiCo what it is today. He also talked about the step-by-step process of designing and establishing a new culture in any corporation and how this would lead to innovation, eventual growth, and overall success. In the past eight years, Mauro and his design team have won more than 1,100 design and innovation awards and in 2018, PepsiCo was recognized by Fortune in its Driven by Design list. He was previously 3M’s first Chief Design Officer. Porcini has been recognized with several personal awards, including Fortune’s 40 under 40, GQ Italia’s 30 Best Dressed Men, and Fast Company’s 50 Most Influential Designers in the United States. In 2018, he was awarded a knighthood (cavaliere) by the president of the Italian Republic. He lives in New York City. Get Ma

  • 546: Driving Company Growth Through Ventures (with Linda Yates)

    30/01/2023 Duration: 01h14min

    Welcome to an episode with Linda Yates, the founder and CEO of Mach49, the leading growth incubator for global businesses with clients including Goodyear, Hitachi, Intel, JetBlue, Nestlé Purina, Prudential and Shell.   In Linda’s new book The Unicorn Within, she empowers large companies to beat startups at their own game—to build a pipeline and portfolio of new ventures to drive meaningful growth through teachable, repeatable, scalable method focused 100 percent on execution across the spectrum of venture creation from Ideate to Incubate, Accelerate, and Scale. She also offers keys to managing the Mothership and seizing the Mothership advantage to ensure your ventures reach escape velocity and thrive. Linda Yate is a seasoned CEO with over 25 years of experience creating global strategy and driving innovation for large multinationals around the world. A native of Silicon Valley, Linda spent a decade as a member of the Board of Directors for NYSE-traded Sybase Inc. (now SAP) and has been a board member and adv

  • 545: Redefining Sales and Personal Brand (with Dr. Cindy McGovern)

    25/01/2023 Duration: 55min

    Welcome to an episode with a top-rated speaker, best-selling author, and consultant, Dr. Cindy McGovern. Get Cindy’s book here: https://amzn.to/3Cys1ae Most of us view “sales” as a pushy, manipulative, and one-sided thing. But really, “sales” is understanding what others need and trying to deliver on those needs. Regardless of the nature of work—whether you're selling a product, service, or idea, you are selling yourself first and it is a life skill that everybody needs. Therefore, it is important to first build trust and develop your personal brand around it which will make selling easier.  In this episode, Dr. Cindy defined sales in a different light. She discussed how to sell yourself and how to proactively manage your personal brand. Dr. Cindy McGovern is the founder of Orange Leaf Consulting, which helps organizations, entrepreneurs, and individuals create dynamic and robust sales processes. Before launching her business, McGovern was a college professor of communication as well as a successful sales pro

  • 544: The Best Practices to Live a Happy and Fulfilling Life (with Ashish Kothari)

    23/01/2023 Duration: 53min

    Welcome to an episode with Ashish Kothari. In his book “Hardwired for Happiness” Ashish outlines an easy-to-follow recipe that can help anyone increase joy, health, love, and meaning in their lives. His transformational approach is secular, interdisciplinary and integrates learnings and best practices across the fields of science and spirituality. Get Ashish's new book here: https://amzn.to/3yyzfdh Ashish is an executive coach, author and founder of Happiness Squad, a company focused on helping individuals and organizations unleash the power of happiness and well-being to achieve their full potential. Ashish is a deep expert on happiness and human flourishing having read over 450 books and trained under masters across the disparate fields of spiritual wisdom traditions, psychology, and neuroscience. Prior to starting Happiness Squad, Ashish spent over 17 years at McKinsey and Co, a premier management consulting firm, supporting thousands of leaders and their organizations succeed through increasing their effe

  • 543: Case length and details (Case Interview & Management Consulting Classics)

    18/01/2023 Duration: 06min

    For this episode, let's revisit a Case Interview & Management Consulting classic where we dtalk about case length and details.  When we ask candidates for more details in their resume, fit responses and cover letter, they always write longer sentences. There is an important difference between “more details” and “greater length". Most candidates are accustomed to spending just a few minutes on a thought and then writing up long and poorly structured sentences. When we ask for more details, we require more facts in the case interview or fit answer and this, crucially, usually means denser and shorter answers. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

  • 542: Speed is the Wrong Focus Area (Case Interview & Management Consulting Classics)

    16/01/2023 Duration: 08min

    For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss speed. Far too many candidates focus on being faster. That is another myth. Speed is an outcome of having good technique. So if you are slow, deconstruct your technique, analyze weaknesses and develop a new way to solve arithmetic. That is key. Unless your technique improves aka "your process to solve math," you will never improve. We explain how in this podcast. Moreover, if an interviewer or practice partner indicates you are slow, think carefully if your technique can be improved, versus merely trying to speak faster. Note, there are many different techniques to solve arithmetic problems so do not search for the "best" technique. Find one that works for you. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

  • 541: Are You Trading Time for Money? (with Catherine Mattiske)

    11/01/2023 Duration: 01h21min

    Welcome to an episode with Catherine Mattiske, a leading training professional, author, and publisher, with an internationally acclaimed career spanning 30 years across an array of industries including banking, insurance, pharmaceutical, biotechnology, and retail.  In this episode, Catherine speaks about her journey of becoming a successful entrepreneur and how she broke out of trading time for money. Catherine shares her advice to people who are trying to build a company from the ground up and also build a passive income. She highlighted the value of communication in forming and strengthening client relationships, leading to business success. Catherine Mattiske established ‘The Performance Company,’ a leading-edge training and consulting organization, in 1994. The Performance Company has offices in Sydney, Los Angeles, New York, and London. Catherine has earned a reputation for helping clients achieve their personal and business goals across Australia, the USA, United Kingdom, Europe, Africa, New Zealand, an

  • 540: The Commonalities of Thriving Female Leaders (with Julia Boorstin)

    09/01/2023 Duration: 01h01min

    Welcome to an episode with CNBC’s Senior Media & Tech Correspondent, Julia Boorstin. Get Julia’s Book here: https://amzn.to/3ekjT4Y In this episode, Julia speaks about female leaders and their struggles in facing gender bias and “pattern matching” in largely male-dominated industries. She discusses the key commonalities of female leaders who thrived in spite of the challenges that made them uniquely equipped to lead and grow successful businesses.  Julia also shared her journey of becoming a CNBC senior media and tech correspondent. As an expert, she shares tips on how to prepare for interviews, how to become a better communicator, and how to respond to opportunities. Julia Boorstin is CNBC’s Senior Media & Tech Correspondent and has been an on-air reporter for the network since 2006. She also plays a central role in CNBC’s bicoastal tech-focused program “TechCheck” delivering reporting, analysis, and CEO interviews with a focus on social media and the intersection of media and technology.  In 2013, B

  • 539: A Strategy to Navigate a Paradox (with Wendy Smith)

    04/01/2023 Duration: 53min

    Welcome to an episode with an expert on organizational paradoxes, Wendy Smith. Get Wendy’s Book here: https://amzn.to/3fF1b8C When faced with a tough decision-making situation, it is common for us to assess and select what we believe is the best deal and then move on. We tend to assume that we need to pick one option and eliminate the other. But what if we could actually succeed in pursuing both options?  In this episode with Wendy Smith, we discuss how leaders and individuals can effectively respond to contradictory yet interdependent demands and have the mindset shift needed to successfully navigate a paradox. Wendy Smith is the Dana J. Johnson Professor of Management and faculty director of the Women’s Leadership Initiative at the Lerner College of Business and Economics, University of Delaware. She earned her PhD in organizational behavior at Harvard Business School, where she began her intensive research on strategic paradoxes—how leaders and senior teams effectively respond to contradictory yet interdep

  • 538: Success to Downfall: The Story of Carlos Ghosn (with Sean McLain)

    02/01/2023 Duration: 59min

    Welcome to an episode with a reporter for The Wall Street Journal, Sean McLain. Get Sean’s book here. This episode with Sean McLain revolves around the story of Carlos Ghosn, one of the world’s most feared and admired business executives who had remarkable success, yet faced a catastrophic fall. He was accused of financial misconduct and arrested for a bevy of alleged crimes—all of which he vehemently denied. Sean is a reporter for The Wall Street Journal based in Los Angeles, covering EV startups like Rivian, Lucid, and Japanese and Korean automakers. Since 2016, Sean McLain has overseen The Wall Street Journal's coverage of the largest automakers in Japan, including Toyota, Honda, and Nissan, and received the Malcolm Forbes Award by the Overseas Press Club of America for his coverage of the former Nissan and Renault executive's arrest and detention. Sean graduated from St. John's College in Annapolis, Maryland, and lives in Tokyo. Get Sean’s book here: Boundless: The Rise, Fall, and Escape of Carlos Ghosn. 

  • 537: Do Not Read Your Interviewer (Case Interview & Management Consulting Classics)

    28/12/2022 Duration: 09min

    For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss about the typical errors candidates make in trying to read too much into the behavior of interviewers: quiet, asking questions, rude, etc. One thing we always caution candidates is to be wary of assuming the friendly person likes them or that the unfriendly person does not like them. Friendliness does not equate to "like" and people display their emotions in very different ways. So, if the interviewer is very friendly, it could go either way. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

  • 536: The Financial Freedom Roadmap (with Candy Valentino)

    26/12/2022 Duration: 52min

    Welcome to an episode with a sought-after business leader and an expert in finance and investing, Candy Valentino. How do you create wealth and financial freedom? This question roams around almost anyone’s mind. Yet, not everyone has achieved the “financial freedom” level. In this episode, Candy shares the most effective tips to build wealth through investment, sustainable and long-term business, and how to earn and save more. She discussed the right mindset about money and covered the six ordinary steps to achieve extraordinary financial freedom. Candy Valentino has over 24 years of business experience building and exiting companies in service, retail, product manufacturing, and real estate investing. During her two-and-a-half decades as an entrepreneur, Candy Valentino has been named to Top Business Leaders 40 Under 40, Top 50 Women In Business, 10 People Making a Difference, Top 10 Business Consultants by Yahoo Finance, and was the youngest female to receive the Governor’s Award in Entrepreneurship in Penn

  • 535: The Vast Possibilities Within Knowledge Management Systems (with Jennifer Smith)

    21/12/2022 Duration: 50min

    Welcome to an episode with Jennifer Smith, the CEO and co-founder of Scribe, Jennifer Smith. In this episode, Jennifer shared her career journey and how she came up with the ideas that led her to founding Scribe. We discuss the value of institutionalizing knowledge and unleashing know-how from a single person into an asset that’s available across the company. We also speak about the massive possibilities that a knowledge management system can have for a company and the impact it can have on a business. Jennifer Smith is a former VC and McKinsey consultant turned accidental CEO. She interviewed more than 1,200 business leaders on a quest to understand everything there is to know about processes, best practices, and productivity. Now, with her startup Scribe, she’s empowering people to own their processes by building the world’s first operating system for know-how. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

  • 534: MOVE: A Framework to Reinforce the Leader In You (with David Noble)

    19/12/2022 Duration: 47min

    Welcome to an interview with a leadership coaching legend, David Noble. Most leaders experience a lack of motivation to continue the things they once had a passion for. So, how do you rekindle the fire of motivation when it starts to die? The key is to know your “why” and assess if your reason is strong enough to continue the journey. In this episode, David shares the role he plays in reframing things and bringing the best out of leaders, executives, and CEOs. David shares a powerful new framework called MOVE that characterizes great and extraordinary leaders. Most of us dislike having only one strategy to win. In David's framework, he discusses the four simple yet powerful options that will take you to the same goal: lean in, lean back, lean with, and don’t lean. David Noble has more than twenty years of global experience advising CEOs, their teams, and major investors on leadership and strategy, and an additional fifteen years as a top executive. He was named by Thinkers50 as one of the world's top coaches.

  • 533: Starting a Business from Scratch (with Jeff Lerner)

    14/12/2022 Duration: 01h09min

    Welcome to an episode with a renowned digital entrepreneur and founder of ENTRE institute, Jeff Lerner. Get Jeff's book here. In this episode, Jeff discussed how he was able to build a multi-million dollar company from scratch and the key elements behind his success. At the age of 18, Jeff started his first business after dropping out of high school and becoming a musician. After the first one failed, Jeff continued starting more businesses and failed at them too. Despite years of trying and numerous unsuccessful businesses, one of which had left him $500,000 in dept, he chose to keep going and eventually built multiple successful businesses. Instead of retiring early, Jeff chose to spend his time inspiring and helping others build their businesses. After becoming an authority in startups, he established ENTRE institute, an online education company dedicated to helping entrepreneurs how they could start their own businesses. To date, ENTRE Institute has taught over 150,000 across the world. Get Jeff's book h

  • 532: What Makes You a Great Leader? (with Dr. Richard Winters)

    12/12/2022 Duration: 49min

    Welcome to an episode with a practicing emergency physician at Mayo Clinic, Dr. Richard Winters. Get Dr. Richard’s book here. As a physician, Dr. Richard shares how he managed, adapted, and remained calm during times of covid. He discussed some of the best practices that can be adapted from the medical field into the space of business. We speak about leadership, administration, and leveraging your expertise to be effective in your career.  In this episode, we also discussed one of the traps that most leaders face today where they strive to become successful in their career, and groom and develop new leaders while taking into account the fear of being replaced.  As director of Leadership Development for the Mayo Clinic Care Network, Dr. Winters facilitates retreats and delivers programs that train leaders at healthcare organizations worldwide. Dr. Winters graduated from the Mayo Clinic Alix School of Medicine in 1994. He is board certified and residency trained in Emergency Medicine from the University of Cali

  • 531: Living Life to the Fullest: How to Spend Your Time With No Regrets (with Cassie Holmes)

    07/12/2022 Duration: 01h05min

    Welcome to an episode with Cassie Holmes, a professor at UCLA’s Anderson School of Management and an award-winning teacher and researcher of time and happiness. In society today, we generally equate productivity with the number of activities we do, regardless of the value it brings us and how it contributes to our well-being and happiness. We often feel “time-poor” for having too much to do and not having enough time to do it. As a result, we feel less happy and less fulfilled. On the contrary, people with too much free time feel unproductive and lack a sense of purpose. So how should we think about time and happiness? In this episode, Cassie discusses how we can recreate our approach to time and transform every moment into a happier hour. She shares how we can spend time optimally, create moments of gratitude and fulfillment, and live life with no regrets. Cassie earned her PhD at Stanford’s Graduate School of Business and her BA at Columbia as a psychology major. Cassie’s research has been widely published

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