@tariqzk6964
my favorite ever recorded mock interview
@CimolOk-nz5yj
🎯 Key Takeaways for quick navigation: 00:06 🎙️ Introduction to the Consulting Case Interview - Introduction to the live case interview demonstration by consulting confidante. - The hosts, Shawn Glassman and Dave Ma, are ready to present a live case. 00:19 🕵️♂️ Case Briefing: Hal Panca's Growth Strategy - Briefing of the case: Hal Panca, a 1930s Chicago gangster, seeks to grow his business. - The case involves exploring strategies to accelerate growth from 20% to over 50%. 01:13 📝 Summarizing vs. Repetition in Case Interviews - Importance of summarizing the case instead of repeating it verbatim. - Emphasis on understanding and rephrasing the case prompt in one's own words. 02:06 📈 Discussing Strategies for Business Expansion - Strategies for expanding Hal's business portfolio and revenue are discussed. - Consideration of organic growth, entering new industries, and mergers and acquisitions. 04:21 🤔 Case Analysis and Strategy Development - Detailed analysis of potential growth strategies and market competition. - Exploration of different pricing schemes and competition to inform business strategy. 07:08 📊 Interpreting Data and Market Insights - Analysis of market segments and growth potential, particularly in alcohol. - Discussion on the strategy of expanding alcohol production and exploring new markets. 09:17 💡 Gaining Insights from Charts and Market Data - Extracting subtle insights from charts to understand market size and potential. - Analyzing revenue by segment and market size to inform expansion strategies. 11:26 🌆 Considering Market Expansion to Other Cities - Evaluating the potential of expanding the business to New York and other cities. - Analysis of market dynamics, competition, and consumer tastes in potential new markets. 13:20 🚀 Strategic Alliances and Market Entry - Discussing potential partnerships and joint ventures for market entry. - Evaluating the strategic implications of entering new regions through alliances. 16:22 📊 Calculating Profitability and Investment Decisions - Calculation of potential revenue, costs, and profitability of the proposed expansion. - Assessing whether the investment is viable and aligns with business goals. 20:33 🎯 Concluding the Case and Final Recommendations - Final analysis and recommendation to expand to Newark as a strategic move. - Emphasis on aligning with the goal of 50% annual growth and long-term expansion. Made with HARPA AI
@jaapvandijk5550
Prepping for a BCG interview this was an excellent and easy to watch case study, which not only walked through all the key steps pertinent to the interview process but also displayed what the spirit and demeanor of the candidate should be. It really helped me get ready. Thanks guys!
@superman0391
this case interview is more practical and sick. unlike other case interview sites, this one is more client-consultant form of Q&A, analyzing and synthesizing. well done guys!
@Tremellia
Don’t remember learning and laughing this much ever in my life, great video!
@Oyimsbaba
I currently work in Sales and I'm thinking about doing an MBA and using that to move into Management Consulting. Glad to know consulting is similar in its overall concept to the work I do now. This video was really helpful. Thanks
@MR2SpyerJournal
I'm preparing for a Capitol One style interview and they interview all of their analysts & software developers this way. This is the most helpful so far! Thanks
@luminy85
you are great guys, very interesting case, funny, catchy, informative, and not pretentious. I have been watching many case interviews and I find all answers are very pretentious but also very simplistic thinking to solve a problem, more like economics for a 10 year old child
@handing2857
The very best case vedio, very subtle
@karwannisstany2553
Great analysis! What came to mind though were why gangsters would own ice cream parlors.The logical explanation would be that they were washing their money through that business. The question then becomes, is there a need for exponential growth for the parlors as well in order to keep the laundering of money at a stable rate? What would be the need for expansion and growth if there were no way for the money to "come out the other side clean" so to speak. Given this, there are of course calculations to be made for further analysis but would love to get your take on this!
@ylarrick
Amazing case interview. Thanks for the content
@franciscojurado8627
Thanks! I followed the excercise with a pen and a paper and really helped me.
@andrewjang
The 20% growth is only in Chicago, a better question to ask would be whether the market in Newark has the same growth rate.. if not, you'd be on the losing end of the investment if the ROI is decreasing...
@Antoine2688
You both make this look easy man, but the difficult part sometimes is to be able to feel comfortable in front of somebody with poker face, l prefer if client makes faces or agree but a poker face is difficult to read on something that might be too subjective. 1. I would combine ice cream with alcohol :) , offer special ice cream at special cost . 2. Then of course loans for the casino giving out some upfront credit maybe? lol 3. Instead of 4 businesses reduce costs to manage onlyo 2 businesses, food and gamble with loans. Maybe creating a strategy, in which house always wins, like supermartingale of some sort for the casino, having a portfolio of debt from people as an asset for more loans, cut losses and expand icecream booz business. That'd be my crazy hypothesis :) awesome guys, thanks
@onedirectionlover317
Thanks for the explanations! I was actually honestly quite confused about the chart (size of the bubbles and their relationship to the x and y axes, the meaning of the alcohol bubble being bigger than the $10 million Chicago market size bubble, etc.), so I would not have been able to pick up on that insight because of the confusion. What's the best way to ask questions for understanding, and how much are you allowed to question the interviewer on the chart to understand it before you start looking bad?
@vinayprakashsharma8157
we could get into some tax evasion and pay a part of it to IRS officers to keep them off our way. come on, we are already gangsters.
@sairavitej
First 3 minutes, and I've already subscribed
@MrIkpe
Lol "Dirty Jerz" ... I thoroughly enjoyed this mock interview case study. Good job!
@Noname-iz9uo
I personally wouldn’t bother with working out with profit margin when the question specifically asked for revenue growth
@ConsultingCandidate