Welcome to an episode with an award-winning advisor, speaker, and author, Christie Hunter Arscott. Get Christie’s book here: https://amzn.to/3Qia05S

Most of the time, the word risk is associated with fear and uncertainty. We tend to struggle with harnessing the power of risk-taking. But the first bold step sheds light on that. As Christie mentioned in this episode, “An intentional and strategic risk, even when the output is not what you desired, still can propel you further than if you made the consistent choice to play it safe.”

In this episode, we discussed the power of intentional risk-taking in building one’s career. We spoke about how to encourage women to take chances on themselves to face intentional, intelligent, and strategic risks. 

Christie Hunter Arscott is a leading expert on how we can harness the power of intentional risk-taking to create more dynamic and vibrant careers and organizations. A Rhodes Scholar, Christie has been named by Thinkers50 as one of the top management thinkers likely to shape the future of business. Christie was also selected for the biannual Thinkers50 Talent Award shortlist of the top global thought leaders in the field of talent management.

Christie’s research and writing have been featured across international publications, including Harvard Business Review, Forbes, Fortune, European Business Review, TIME, Fast Company, Business Insider, and more. Her article "Why So Many Thirtysomething Women Are Leaving Your Company" was selected for the Harvard Business Review collection of the top articles on diversity.

Christie has spoken worldwide to organizations and institutions, including the World Economic Forum, Harvard Business School, the University of Oxford, and the Global Women’s Forum for the Economy and Society. Her corporate clients include Bacardi, Deloitte, PWC, HSBC, and more.

Christie holds a Bachelor’s degree in Political Science from Brown University, a certificate of Distinction in General Management from Stanford University’s Graduate School of Business and two Master’s degrees with a focus on gender research from the University of Oxford. She currently serves on the Women’s Leadership Board of the Women and Public Policy Program at Harvard Kennedy School.

Get Christie’s book here:

Begin Boldly: How Women Can Reimagine Risk, Embrace Uncertainty, and Launch a Brilliant Career. Christie Hunter Arscott. https://amzn.to/3Qia05S

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Consulting case interview (McKinsey, BCG, Bain) example: Netflix case, The Consulting Offer

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We hope you will enjoy the "Consulting case interview (McKinsey, BCG, Bain) example: French Dairy Farm Wants to Increase Revenue" episode. This is excerpt from TCO IV with Sizan, episode 33. This is a market share case. If we gave Sizan a case about a factory she would find it easier to increase production. But it is not as easy when it comes to dealing with animals. This is a case with production element. The part we expect candidates to see is that this is a case about stealing market share. To steal market share there are 4 things you can do. How do you steal market share?

1. Price

2. Place

3. Promotion

4. Product.

The 4 Ps of marketing. You need to think about the case. Ask yourself what are we trying to do. We got a dairy company. We want to sell more. What does it mean to sell more? We basically want to increase our market share. How do we take market share? Every single case can be reduced to either increasing revenue or cutting costs. If you trying to sell more milk, you are trying to increase revenue. This is a revenue case where we specifically want to focus on volume. Milk is a commodity. Even organic milk is a commodity. Remember you need to follow the right process during a consulting case interview when you are preparing and going through interviews with companies like McKinsey, BCG, Bain, Deloitte etc. In fact, learning and mastering this process will also greatly help you when you start working as a management consultant, and even once you exit consulting. You can't just rely on your knowledge and experience. Your experience and knowledge can get outdated, but if you follow the right process you are giving yourself the best chance to be a strong problem solver.

This is a short excerpt from The Consulting Offer IV with Sizan, episode 31. The Consulting Offer is an in depth series which helps candidates to prepare for consulting case interviews and develop foundational problem solving, leadership and communication skills.

All episodes are available to Premium members on StrategyTV.com / apps and to FC Insiders on StrategyTraining.com / apps.

Get free training episodes, resources and updates here: https://www.firmsconsulting.com

Consulting case interviews, FIT: McKinsey, BCG, Bain

This episode is a short piece from a full session available to FC Insiders on StrategyTraining website and apps.

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#MBB #McKinsey #caseinterviews

Consulting case interviews, office selection: McKinsey, BCG, Bain

This episode is a short piece from a full session available to FC Insiders on StrategyTraining website and apps.

NEW PILOT INITIATIVE - One-on-one advice session with Michael: As many of you know, we have a long waiting list for private coaching with Michael, over 3 years, and a very stringent selection process, very few people are selected. However, we launched a pilot initiative within which a few spots are available now.

You are welcome to apply for a one-on-one advice session with Michael. Can be regarding any aspect of your career: helping you develop your career plan, getting Michael's input on specific career challenge you are facing, getting advice on growing/starting your own business, preparing for case interviews, lessons from Lisa's journey to her greencard, etc.

To make sure it is a win-win, the advice session is recorded and made available to the FIRMSconsulting community and/or becomes part of FC training content. Additionally, a fee is charged to make this more of a win-win for both parties. This also ensures the seriousness of candidates.

This is a very rare opportunity to do a one-on-one session with Michael. If your application is approved you can request additional sessions after your first session, subject to availability. Contact support@firmsconsulting.com for more details and to apply.

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#MBB #McKinsey #caseinterviews

TCO V Ritika Mohan, Ph.D, joins McKinsey Chicago. An excerpt from one of the episodes we released for our members. Ritika Mohan is a University of Illinois, Urbana-Champaign M.S. & Ph.D., and University of Arizona, Tucson BS graduate who we trained to join MBB Midwestern USA.

In The Consulting Offer watch former McKinsey et al senior partners mentor real candidates into the most elite consulting firms. Across 5 seasons, the program has never failed to place a participant.

WHAT IS IT: The Consulting Offer is a groundbreaking case interview training program using REAL participants. All training is done by ex-McKinsey, BCG et al partners using the techniques we developed in our 1-on-1 coaching programs where we have an 80% placement rate. Subscribers can watch video recordings of the candidates being trained for McKinsey, BCG and Bain case interviews. The show is now in its 6th season with all seasons available for streaming.

There is NO other program in the world with real candidates being trained in real time with the results made public. Everything on StrategyTV.com along with our most advanced strategy programs can be found on StrategyTraining.com.

Members can watch all episodes here: https://www.strategytraining.com/tco-v-ritika-mohan-ph-d-joins-mckinsey-chicago

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TCO V Ritika Mohan, Ph.D, joins McKinsey Chicago. An excerpt from one of 25 episodes (episode 24) we released for our members. Ritika Mohan is a University of Illinois, Urbana-Champaign M.S. & Ph.D., and University of Arizona, Tucson BS graduate who we trained to join MBB Midwestern USA.

In The Consulting Offer watch former McKinsey et al senior partners mentor real candidates into the most elite consulting firms. Across 5 seasons, the program has never failed to place a participant.

WHAT IS IT: The Consulting Offer is a groundbreaking case interview training program using REAL participants. All training is done by ex-McKinsey, BCG et al partners using the techniques we developed in our 1-on-1 coaching programs where we have an 80% placement rate. Subscribers can watch video recordings of the candidates being trained for McKinsey, BCG and Bain case interviews. The show is now in its 6th season with all seasons available for streaming.

There is NO other program in the world with real candidates being trained in real time with the results made public. Everything on StrategyTV.com along with our most advanced strategy programs can be found on StrategyTraining.com.

Members can watch all episodes here: https://www.strategytraining.com/tco-v-ritika-mohan-ph-d-joins-mckinsey-chicago

Become a member: https://www.firmsconsulting.com/product/premium/

Access FREE training: http://www.firmsconsulting.com/promo

We hope you will enjoy the "Consulting case interview (McKinsey, BCG, Bain) example: French Dairy Farm Wants to Increase Revenue" episode. This is an excerpt from TCO IV with Sizan, episode 33.

This is a market share case. If we gave Sizan a case about a factory she would find it easier to increase production. But it is not as easy when it comes to dealing with animals. This is a case with production element.

The part we expect candidates to see is that this is a case about stealing market share. To steal market share there are 4 things you can do.

How do you steal market share?

1. Price

2. Place

3. Promotion

4. Product.

The 4 Ps of marketing.

You need to think about the case. Ask yourself what are we trying to do. We got a dairy company. We want to sell more. What does it mean to sell more?

We basically want to increase our market share. How do we take market share?

Every single case can be reduced to either increasing revenue or cutting costs. If you trying to sell more milk, you are trying to increase revenue. This is a revenue case where we specifically want to focus on volume.

Milk is a commodity. Even organic milk is a commodity.

Remember you need to follow the right process during a consulting case interview when you are preparing and going through interviews with companies like McKinsey, BCG, Bain, Deloitte etc. In fact, learning and mastering this process will also greatly help you when you start working as a management consultant, and even once you exit consulting.

You can't just rely on your knowledge and experience. Your experience and knowledge can get outdated, but if you follow the right process you are giving yourself the best chance to be a strong problem solver.

Get free sample episodes: firmsconsulting.com/promo

This is a short excerpt from TCO IV with Sizan, episode 31. All episodes are available to Premium members on StrategyTV site/apps and to FC Insiders on StrategyTraining site/apps.

// FC BOOKS

Turquoise Eyes: https://amzn.to/3bzVa6g

Marketing Saves the World: https://amzn.to/2xcJqYA

Succeeding as a Management Consultant: https://amzn.to/3a3atTn

Free training: www.firmsconsulting.com/promo

Today we are sharing with you episode 358 from Case Interviews and Management Consulting iTunes channel: Can you put a price on your strategy skills MBA competitive strategy

"Management consulting partner recruitment | Trying to join McKinsey as a partner / director" is episode 354 of our Case Interviews & Management Consulting channel.

KEEP IN TOUCH:  Instagram / Facebook / Twitter / LinkedIn 

WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE.

https://www.firmsconsulting.com

Is there a shift in consulting towards implementation? is our response to two listener's questions, "Is there a shift in consulting towards implementation and how do you get the client to implement?" This episode is complimentary and available on iTunes, Youtube, Spotify and many other podcast players.

https://www.firmsconsulting.com

We recently had a coaching session with a client who could become a #McKinsey Principal in about 12 to 24 months. He is currently a McKinsey Associate Principal and has been a long-time client of FIRMSconsulting.

He joined our #caseinterview coaching program when he was at Harvard completing an #MBA and we helped him join McKinsey as an associate. This is our 7th year of coaching him and he is a wonderful young man.

In this podcast, we are going to summarize some critical advice we offered him, and other McKinsey Principal-level coaching clients, about moving from associate principal to becoming a McKinsey Principal and, thereafter, McKinsey Director.

For more info on the FIRMSconsulting platform, visit us at:
https://www.firmsconsulting.com

Read related article: https://www.firmsconsulting.com/quarterly/mckinsey-principal/

How do I join McKinsey Digital is episode 349 of Case Interviews & Management Consulting iTunes podcast channel.

KEEP IN TOUCH:  Instagram / Facebook / Twitter / LinkedIn 

WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE.

"Consulting interview questions: Earning $17/hour, no degree and dreaming of McKinsey and an MBA" is episode 345 of our Case Interviews & Management Consulting channel.

KEEP IN TOUCH:  Instagram / Facebook / Twitter / LinkedIn 

WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE.

https://www.firmsconsulting.com

"Consulting Interview Questions: What advantage PhD students have over MBAs and undergrads?" is episode #344 of our Case Interviews & Management Consulting iTunes channel, ranked top 5-10 in many countries worldwide for careers.

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WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE.

https://www.firmsconsulting.com

In this episode, we introduce you to another participant from The Consulting Offer IV. 

KEEP IN TOUCH:  Instagram / Facebook / Twitter / LinkedIn 

WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE.

https://www.firmsconsulting.com

In this episode, we introduce you to another participant from The Consulting Offer IV. 

KEEP IN TOUCH:  Instagram / Facebook / Twitter / LinkedIn 

WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE.

http://www.marketingsavestheworld.com

https://www.firmsconsulting.com

In this detailed episode we discuss the steps we took to achieve our unprecedented 80% McKinsey & BCG placement rate.

This means of all the clients we have admitted, 80% have joined McKinsey or BCG. The remaining 20% have joined other consulting firms, banks, PE, VC, technology firms etc.

Firmsconsulting mainly admits candidates with very challenging backgrounds. We seek out clients who have potential but have not always had the opportunity to realize that potential. Therefore, our very high placement rate is not due to having naturally stronger clients. We use advanced and proprietary teaching techniques to bring out the best in clients who are not an obvious fit for McKinsey. This episode will discuss some of those techniques.

If you genuinely find our apps/podcasts useful, we would sincerely appreciate if you leave a review for our apps and/or iTunes channels. It can be done anonymously and this small gesture helps us more than you think.

To get access to selected episodes from our paid programs opt-in for email updates on MarketingSavesTheWorld.com & FirmsConsulting.com

Kris
kris @ firmsconsulting.com

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WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.

Since this is the time of year when FC members are going to be negotiating salaries, attending case interviews and anxiously making decisions, we thought it is a good idea to once again reflect on ethics and values.

At times like these many sometimes feel that if they could just cut this corner now, everything will be OK... We want to provide some context for how to make decisions that will not only make you feel better in the long term, but will actually leave you better off financially.

In this episode we use some interesting anecdotes from Firmsconsulting to articulate these points.

If you genuinely find our podcasts useful, we would sincerely appreciate you leaving a genuine review on iTunes. The mission of Firmsconsulting is to make the world better by arming leaders around the world with the necessary skills to solve mankind's toughest problems. The simple step of leaving a genuine iTunes review will help us greatly in pursuing our mission.

Good luck to everyone going through the case interview recruitment process. 

Kris
kris @ firmsconsulting.com

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WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.

Listen to how this bright and talented lady joined MBB Europe, while based in Africa, despite significant odds. She had no business background whatsoever, graduated from a non target school in a developing country, had never even heard of a consulting club and was previously rejected in the 1st round with MBB (MBB = McKinsey, BCG and Bain). She also experienced excessive discrimination in her home country and we discuss this fallout.

These are the kinds of clients in which Firmsconsulting specialiazes. Those with great potential but far from an easy path moving forward. If your background is not ideal listen to this client's story to see that everything is possible if you are disciplined and follow the right guidance.

If you genuinely find our podcasts useful, we would sincerely appreciate you leaving a genuine review on iTunes. The mission of Firmsconsulting is to make the world better by arming leaders around the world with the necessary skills to solve mankind's toughest problems. The simple step of leaving a genuine iTunes review will help us greatly in pursuing our mission.

Good luck to everyone going through the case interview recruitment process. 

Kris
kris @ firmsconsulting.com

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WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.

Here we share the very detailed approach we used to place a client, into McKinsey USA, with a 2.1/4.0 GPA. This is the lowest GPA we have ever placed into McKinsey since Firmsconsulting was founded.

If you genuinely find our podcasts useful, we would sincerely appreciate you leaving a genuine review on iTunes. The mission of Firmsconsulting is to make the world better by arming leaders around the world with the necessary skills to solve mankind's toughest problems. The simple step of leaving a genuine iTunes review will help us greatly in pursuing our mission.

Good luck to everyone going through the case interview recruitment process. 

Kris
kris @ firmsconsulting.com

SIGN UP TO RECEIVE FREE TRAINING VIDEOS HERE

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WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.

In this #334 and new episode of the Consulting & Case Interviews complimentary podcast, audio version, we help listeners understand how seeking external validation impacts your case interviews, career and life. This iTunes podcast channel is routinely ranked in the Top-10 worldwide for careers. Thank you for listening and making us the world's most popular consulting & case interview podcast.

Kris
kris @ firmsconsulting.com

SIGN UP TO RECEIVE FREE TRAINING VIDEOS HERE

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WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.