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Case Interview Preparation & Management Consulting | Strategy | Critical Thinking

We have 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. This podcast channel describes our lessons selecting 2-4 clients annually, training them, and recording their entire experience to join McKinsey etc. Get free access to our newsletter, Monday Morning at 8 am, along with sample episodes from our training programs on www.strategytraining.com. Go to https://www.firmsconsulting.com/promo.
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Now displaying: September, 2015
285: Why coding is overrated: LAB Study 0
Sep 25, 2015
The CEO of LAB asked us to provide some perspective on three questions. (1) Should LAB, a bank, make coding a mandatory skill-set for new hires? (2) How should LAB position itself against other development finance banks? (3) What is the main benefits case we see in the study? Question 3 was answered in the live blog. Question 2 will be answered in the live-blog soon. This is the answer to question 3. Related:
- You learn about LAB study from our Live-blogging a Financial Service Stratey Study
- You also learn financial modeling with videos and ppts from our Strategy Library
284: Big Changes to Firmsconsulting website 0
Sep 19, 2015
This podcast explains the member changes we will soon make to the Firmsconsulting website. We are rolling out a new way to track contributions from members and reward members for their contributions and support.
283: Why tier-2 firms operate like Nigerian Gangsters 0
Sep 13, 2015
This slightly humorous podcast draws an analogy to Nigerian gangsters (or is it “gangstas”) in a famous sci-fi movie and software counterfeiters to explain the problems tier-2 firms create in their obsession to replicate BCG’s analytics tools, toolkits and templates.

Related: You can find previous in-depth discussion and comments on our site.
282: Why Tier-2 firms will never catch BCG or McKinsey 0
Sep 7, 2015
This podcast explains the common mistake all rivals, tier-2 firms, to McKinsey and BCG make: they value the wrong skills BCG has.

This podcast explains the 4 capabilities a firm must have and how to use them:

(1) Values
(2) Strategy approach
(3) Analytics
(4) Ability to draw insights

We can all agree that everyone is obsessed with the analytics at their peril. Tier-2 firms are truly shocked when they apply the same analytics as McKinsey but get a different result and still cannot raise their standing in a client's eyes. There is a reason for that.
Related:
- Interview a Deloittee Strategy and Operation Principal
- Deloitte IT Strategy and McKinsey BTO
281: Are you a consulting leader? 0
Sep 1, 2015
Many of us rely on titles to determine if we becoming leaders in a consulting firm. This podcast provides a more important of definition of consulting leadership: who does the consulting firm turn to in times of crises and how do they do so?

In fact, you will see that a leader in a consulting organization can be as young as an analyst and a partner may not be a leader. In fact the level of candor between you and the existing leadership is the only measure that matters. This podcast explains this concept with various examples

Related:
- Competing with a high performing consultant
- Learn all about consulting from our Consulting Offer
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