Consulting

There’s a great article in Bloomberg BusinessWeek that discusses how the global strategy consulting industry got started, why Boston Consulting Group was founded, how Bain was a spin off of BCG, and how Bain Capital was a spin off of Bain. Although the article’s title focuses on tracing the business career of Mitt Romney, candidate [...]

Question: First of all, thank you for your LOMS program! It was so helpful and really helped me to learn structuring and the language I should use during case interviews. I am currently an experienced hire with no previous experience in consulting and am looking to make a move into consulting. I have been networking [...]

Question: First of all, thanks a lot for sharing your insights and knowledge. Since I took notice of your website, I spend every possible minute to read and watch the videos! Holding a diploma in industrial engineering from a Top 3 [European] University, I am now looking for starting my career in the consulting industry. [...]

Question: First things first, thank you for your material!  Today I feel much more confidence in solving cases than 2 months ago. No doubt this happened 90% because of your resources. I have a concern about the synthesis. I understand your approach when it comes to synthesising the whole case. Very neat. It’s great! But, [...]

CIBs and F1Ys often ask me, “Where do brilliant insights come from?” My first reaction was… geez, that’s a good questions. I have to think about that one. Certainly at a basic level, insights come from asking the right questions to elicit the most useful data — but in my experience that’s where EXPECTED insights [...]

Lately, a number of CIBs and F1Ys have been asking me about what books I read. One of the very first business / success books I read was in 1990. (And yes, I realize this is before some of my readers were born…) At the time, it was a brand new book titled: The 7 [...]

What do McKinsey, BCG, and Bain all have in common? Other than being the employer of choice for hundreds of thousands of CIBs, they are also strategy consulting firms. It’s their focus on strategy that separates them from KPMG (operations and finance), Accenture (IT consulting primarily) and numerous other firms. Given this focus on strategy [...]

Question: Victor, first, thank you so much for the resources you’ve provided.  I have watched your lectures twice and memorized your frameworks, and I feel like they are very helpful. My question pertains to differences between what I’ve seen from your approach and that put forth in Case in Point.  Specifically, when reading through the [...]

Question: Recently I interviewed with McKinsey and Bain in Eastern Europe, got to the final rounds at both but did not get an offer. Especially getting rejected at Bain was devastating as it would be my dream company because of the cultural fit. My Bain interviewers encouraged me to get some more business experience, practise and reapply in 6 [...]

Question: I came across your website and was wondering about Strategy vs. Operations consulting. It seems Strategy is more about growing the company whereas Operations is about making the company more efficient. Would you say that Strategy Consulting is harder to get into/ more prestigious than Operations? Are similar skill sets needed in both? My Reply: [...]

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