- Increase sales/revenues? Increase profitability?
- Decrease costs?
- Increase capacity?
- Improve distribution channels?
- Improve relations with suppliers?
- Increase sales/revenues? Increase profitability?
- Decrease costs?
- Increase capacity?
- Improve distribution channels?
- Improve relations with suppliers?
Hi there,
I would be happy to share my thoughts on your question:
You can find more on this topic here: How to succeed in the final interview round.
If you would like a more detailed discussion on how to best prepare for your upcoming pre-interview assessments and/or interviews, please don't hesitate to contact me directly.
Best,
Hagen
Hi!
Your question is a little bit too broad. The ideas would depend on the specifics of the case. It is one thing to create ideas to improve profits of an Airline industry, other to do the same to a Packaged Goods one - and if you’re mentioning the same points for both, you’re doing it wrong.
What I advise you to come up with good ideas regardless of the case is:
1) Learn the basics of industries that often are cased. You may find it in casebooks, websites and even here on Prep Lounge.
2) Use a MECE structure to force you come up ideas. In case you feel lost, you may rely on known ones such as the 4Ps, or BCG matrix (whatever makes sense for that specific case). That also helps you communicate your ideas in an organized manner, which is key, often overlooked and may cost you an offer. Studying for the first part of the case (structuring) should help you with that.
3) Use a proxy to come up with ideas. For instance, you may know little about executive train services, but you probably know a little about the executive airline one.
4) After each case related to an industry you don’t know much about, invest 10min to research it and do the brainstorm part again using what you discovered. 10/10 times you’ll find opportunities to improve and this exercise will help you consolidate this ideas in your mind.
Good luck in your preparation, feel free to contact me if you could be benefited by professional guidance.
Best,
Mari
Hey!
It depends on the exact question! For my mentees it often helps to keep some frameworks in mind - this does not mean that you are using them / present them to the interviewer. However, it helps to brainstorm.
examples I often keep in mind, independent of category:
Alessa :)
When you're asked to brainstorm on something, I recommend this approach:
Please restart your case prep. This is nowhere close to where you need to be.
Remember, brainstorming is NOT a random list of ideas.
Brainstorming is "quick" frameworking. It's still highly tailored and organized like frameworking.
Please work through the following:
The Most Common Pitfalls in Case Interview Preparation
Dos and Don'ts in a Case Interview
How to Shift Your Mindset to Ace the Case
End-to-end case interview training – from beginner to advanced
Hi there,
It's a two step process:
1. Learn brainstorming techniques
Rather than learning a fixed set of ideas, focus on learning brainstorming and ideation techniques. There are several systematic ways to improve your ability to create broad, deep and insightful brainstorming answers (that's what they want to see). You need to learn them and understand when they are useful.
I discuss many of them in my book but also do offer a free course on it. Reach out if you are interested.
2. Internalize it and practice
It's like going to the gym. If you want your muscles to grow, you need to put in the effort.
It's the same with brainstorming. Practice high-quality brainstorming drills and questions with and without taking time.
During skill building, take some time to think about your answers and gradually decrease the time you take to think about them.
All the best,
Florian
Hey there,
Brainstorming is really an extension of structuring. You still want it to be structured and MECE and not a random set of ideas.
Also, it needs to be nuanced and relevant to the case prompt and questions
Feel free to reach out if you'd like to practice brainstorming
All the best