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555: Build hypotheses with decision trees (Case Interview & Management Consulting classics)

555: Build hypotheses with decision trees (Case Interview & Management Consulting classics)

FromCase Interview Preparation & Management Consulting | Strategy | Critical Thinking


555: Build hypotheses with decision trees (Case Interview & Management Consulting classics)

FromCase Interview Preparation & Management Consulting | Strategy | Critical Thinking

ratings:
Length:
9 minutes
Released:
Mar 1, 2023
Format:
Podcast episode

Description

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. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
Released:
Mar 1, 2023
Format:
Podcast episode

Titles in the series (100)

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. Our podcasts have been downloaded over 2 million times worldwide and we rank in the Top 10 career podcasts in most countries. Opt-in to our newsletter at www.firmsconsulting.com to receive free sample Insider content that we share nowhere else. This podcast discusses some, but not all, the techniques 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 5 seasons, the show has succeeded to place a candidate. Alice Zhou, Felix, Jennifer Nwankwo, Sanjeev & Assel are all successful participants of this program. www.firmsconsulting.com www.strategytraining.com