Victor Cheng

  • Natania Yaparihas quoted2 years ago
    It’s impossible to determine the answer to these questions accurately, given the constraints, but one can estimate an answer by (1) making a few simplifying assumptions, and (2) doing math.
  • Natania Yaparihas quoted2 years ago
    If you rush, you might think a question is familiar and quickly answer the question you think is being asked.
  • Natania Yaparihas quoted2 years ago
    My point is, it doesn’t matter if she’s factually right unless she can explain why she’s right to the patient, using terms the patient can understand.
  • Natania Yaparihas quoted2 years ago
    The same idea applies to consulting. Clients do not accept factually accurate
    recommendations; they accept factually supported recommendations they can understand.
  • Natania Yaparihas quoted2 years ago
    Consultants use four tools to solve clients’ biggest problems. You can use the exact same tools to tackle any type of case interview:
    Hypothesis
    Issue tree/framework
    Drill-down analysis
    Synthesis
  • Natania Yaparihas quoted2 years ago
    Tells the client what to do
    Tells the client what you discovered and what it means
  • Natania Yaparihas quoted2 years ago
    It’s easy to understand what you’re supposed to do, but doing it under real-world conditions and stress can be difficult.
  • Natania Yaparihas quoted2 years ago
    What is your hypothesis?
    What data do you need to disprove it?
  • Natania Yaparihas quoted2 years ago
    The hypothesis is more important than the framework.
  • Natania Yaparihas quoted2 years ago
    The key is to listen to the answers you get to the first few of those 15 questions, think about what is happening (formulate a hypothesis), and then decide if continuing with a certain framework would be useful.
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