Strategy Simplified

Strategy Simplified

Strategy Simplified is here to demystify the consulting industry and help you land your dream job in management consulting. Hosted by the expert team at Management Consulted - the world's largest resource for consulting news and interview prep - each episode covers topics related to the consulting world, from interview preparation and case study techniques to networking strategies and industry trends. Whether you're just starting your career or looking to make a transition, Strategy Simplified is the go-to resource for anyone looking to break into the consulting industry. With actionable advice, insider tips, and real-life success stories, this podcast is the ultimate guide to simplifying your career strategy and landing your dream consulting job.

Episodes

December 6, 2024 56 mins

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Management Consulted hosted a panel with leaders from some of the world's top consulting firms for a candid conversation on the state of the industry:

  • Bain
  • KPMG
  • L.E.K.
  • PwC

The panelists provided insights on everything from hiring patterns to the hottest (and not-so-hot) practice areas. 

Listen to learn where firms are focusing recruitment efforts, learn which service lines are growing fastest, and to...

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In this segment of Business Breakdowns, we look under the hood at Tesla. Jenny Rae Le Roux and Namaan Mian dissect Tesla’s business model.

The conversation also explores strategies for Tesla’s future, with each leader sharing the three key levers they’d focus on to sustain profitability plus hot takes about what's next for the automotive manufacturer.

Whether you’re a Tesla fan or aspiring consultant looking to bui...

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Listen to this episode to learn what BCG case interviews are all about.

BCG consultant and Management Consulted case coach Yusuf leads a candidate through a market entry case. It has all the components you'd expect in a BCG case.

Listen to the end as Yusuf delivers insightful feedback on the candidates strengths, weaknesses, and opportunities for improvement.

Yusuf enjoys working with ...

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In today's can't-miss conversation, we chat with former McKinsey Engagement Manager Rick Wilmot. Rick shares a wealth of insights applicable to anyone pursuing a role in management consulting, including:

  • How McKinsey evaluates candidates
  • Key mistakes to avoid for office selection (and why he is against side-dooring)
  • The importance of compelling fit interview stories
  • Tactical networking tips
  • Rick's approa...
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Tomorrow only (Friday Nov. 22), you can get the All Access Pass for 50% off ($350 vs. $700 regular price)!

The All Access Pass gives you lifetime access to the entirety of our online consulting prep curriculum, including:

  • 600+ practice cases (with solutions)
  • 9 video courses (case interviews, Excel/PPT, resumes, etc.)
  • 10,000+ drills (math, frameworks, exhibits, brainstorming, etc.)
  • 28 chatbot cases
  • 12 industry ...
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Today is your last opportunity to purchase our interview coaching packages at current rates before prices go up at midnight PST TONIGHT.

Lock in the best rates here.

These 3 packages are going up:

  • 1 Hour Coaching: Today: $225 ➔ Tomorrow: $250

Great if you need a diagnostic session or last-minute tune-up prior to interviews.

  • Black Belt Interviewer (8hr coaching, prep plan, digital pass): Tod...
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In this segment of Business Breakdowns, Namaan Mian and Jenny Rae Le Roux dive into the genius behind Costco’s business model. From its razor-thin margins to its strategic membership fees, they explore what makes the warehouse giant an unstoppable force in retail.

Each leader shares the three key metrics they would prioritize if they were running the company—covering everything from customer retention and in...

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Olivia stumbled across consulting early in her undergrad journey, joined BCG's "Advance" program for sophomore women, and parlayed a summer internship into a full-time Associate offer.

Sounds fairly standard - right? 

But when you dig a little deeper, you'll realize that Olivia's journey into consulting was anything but standard - and carried a lot of hard-fought lessons.

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Today's conversation is with Ken Wilcox, the former CEO of Silicon Valley Bank.

Ken's new book The China Business Conundrum: Ensure That "Win-Win" Doesn't Mean Western Companies Lose Twice is out now.

In the conversation, Ken shares his experience of navigating the complex, untold realities of doing business in China.

It's a compelling listen for any businessper...

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If you're preparing for a McKinsey case interview, this example is a must-listen.

The case - simulating a real McKinsey case interview - is led by Rick Wilmot, a former McKinsey Engagement Manager and Management Consulted case coach.

The case centers on a cinema chain that has experienced slowing profit growth and is looking for answers.

Follow along with a pencil and paper, working th...

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In this segment of Business Breakdowns, we're tackling Nvidia - the company on one of the greatest winning streaks all all time.

But can it continue? Where might the company go wrong? What are potential pitfalls with the business model?

Listen in for how our team would think about Nvidia in a case interview or as an advisor or operator at the company.

Business Breakdowns drops on the 1...

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Will AI take down consulting? Or take consulting jobs? 

To answer these questions and more around the impact of AI on the consulting industry, we brought in AI experts from 4 top firms:

  • FTI Consulting
  • Kearney
  • KPMG
  • L.E.K. Consulting

Connect with the firms here.

Relevant Links
Increase your firm's brand awareness through a marketing program. Reach out for a custom quote - advertising@manag...

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October 30, 2024 16 mins

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In this Business Breakdown, Jenny Rae Le Roux (MC CEO) and Namaan Mian (MC COO) dissect the Southwest Airlines Business Model - and how to fix it.

They'll share:

  • The Southwest Airlines business model (fixed cost or variable cost?)
  • Key metrics for Southwest to pay attention to
  • Hot takes on what's next for Southwest

Do you have a hot take we missed? We'd love to hear it - reach out today.

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Can you DIY case interview prep? Absolutely.

We’ve seen it done hundreds of times - sometimes really poorly, sometimes well.

Today, MC COO Namaan shares our DIY case prep plan, the potential pitfalls of the DIY approach, and 1 incredible online resource to help take some stress out of the process.

Ready to smash your prep? Get going.

Management Consulted Links
Download the MC Case Prep Pl...

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A fantastic way to test-drive the consulting experience to confirm if it's right for you is through joining or designing a virtual consulting project.

In today's episode, we break down what the Strategy Sprint consulting project is all about AND share a 5-part framework for designing your own consulting project.

There are limited spots left for Strategy Sprint. Learn more and join.

Relevant ...

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BCG has one of the most difficult interviews in the world.

Not to fear, our team has been helping candidates prep for and ace BCG interviews for over 15 years and knows what it takes to impress.

In this episode, Jenny Rae today breaks down the 8 most common BCG interview questions to prepare for AND how to answer them.

Listen to the end where we answer your Fan Mail questions.

MC Li...

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This episode features Juliane Hoss, a psychologist-turned-Bain consultant, and now, a case coach at Management Consulted.

Juliane shares her journey from psychology to consulting, demonstrating that even the most untraditional backgrounds don't have to be a barrier to breaking into management consulting. Juliane also shares:

  • What MBB interviewers are really testing you on
  • How to be confident instead of...
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In this episode, we uncover what makes McKinsey interview questions different - and more challenging - than interview questions at any other consulting firm.

We break down the notorious Personal Experience Interview (PEI) to reveal what McKinsey is really looking for in your responses and how to craft compelling answers that showcase your merits across 5 key core values.

This episode is packed with ...

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Welcome to Business Breakdowns where we break down real-world businesses that are in the news.

Today, we're talking about Starbucks - a company that's been in the news seemingly every week.
 
Listen in as Namaan Mian and Jenny Rae Le Roux cover the Starbucks business model and the key metrics they would manage to as advisors or operators at Starbucks.

Let us know which company to co...

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Case interview math is HARD. Especially for "non-math" people.

If that's you, this episode with Eli Gentle - former McKinsey Engagement Manager - is for you.

Eli breaks down:

  • 3 types of case math
  • The 4-step process to solve case math
  • 6 rules for case math
  • The 2 most common case math mistakes
  • And more

Need case math coaching or resources? See below!

Management Consulted Link...

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