Consulting case interview (McKinsey, BCG, Bain, Deloitte): How can Porsche increase their margins? скачать в хорошем качестве

Consulting case interview (McKinsey, BCG, Bain, Deloitte): How can Porsche increase their margins?

This consulting case interview example particularly focuses on the profit margin on an individual Porsche. The profit margin on an individual product is different. How do you raise a profit margin for an individual product? You have to focus on the price at which the product is sold and the cost to make that product. Keep in mind that Michael stops the candidate before she completes the case. This is a teaching technique that Michael uses, stopping the candidate when enough is heard to evaluate the candidate's performance. This helps to keep sessions more productive and focused. Especially if the candidate's performance in a case is weak it is not a good use of a consulting case interview session to allow such candidate to continue with the case once the coach heard enough to provide feedback and teach the candidate concepts, approaches, etc to help candidate improve. Also please keep in mind that in the interest of moving the case along and focusing on what matters, some simplification is introduced. Such as that 1$ = 1 Euro. Obviously, the actual number fluctuates. But this is not the point of the case. Sizan started off with the wrong definition. Michael specifically said for an individual car. You have to be very careful with the definition. If you get things wrong it hurts your credibility. Sizan did a couple of things well. She identified she needed to pay attention to price and cost. However, there was a problem with Sizan's logic. While Porsche is a luxury car, it has competitors. When it comes to pricing you have a vertical limit and a horizontal limit. So Porsche is constrained by the competitors and by the category they are in. Porsche is boxed in. If it increases the price it has to increase the perceived value of the car. The cost for luxury car brands is quite heavy. This includes labor costs. Luxury cars are often made in high-cost locations. Luxury cars spend a lot of money automating key processes. A lot of effort goes into R&D. Materials are also a big cost. Luxury car manufacturers buy better materials. We hope they buy better materials. They take more time to evaluate their suppliers. They go through more testing. So the cost side for a luxury car is very high. When you go do a turnaround study for a luxury car manufacturer you automatically look at costs. Lastly, Sizan was signaling that she was quitting. That is something you should never do in a consulting case interview. Free training episodes here: https://www.firmsconsulting.com/promo // FC BOOKS Succeeding as a Management Consultant: https://amzn.to/3a3atTn Turquoise Eyes: https://amzn.to/3bzVa6g Marketing Saves the World: https://amzn.to/2xcJqYA Strategy Journal: https://amzn.to/2QGft9d Mavis: https://amzn.to/3iUkSWD ⭐ BECOME A PREMIUM MEMBER TO ACCESS MATERIALS ON STRATEGYTV.COM & STRATEGYTV APPS! AND GET ON A PATH TO BECOME AN FC INSIDER (ACCESS TO STRATEGYTRAINING.COM/STRATEGY TRAINING APPS) https://www.firmsconsulting.com/produ... LOVE THIS VIDEO and CHANNEL? HERE ARE NEXT STEPS! 1) SUBSCRIBE to our channel! 2) SHARE THIS VIDEO WITH A FRIEND 3) SIGN UP FOR YOUR FREE TRAINING on Firmsconsulting.com/promo 4) LET’S CONNECT! ►Facebook:   / firmsconsulting   ►Facebook groups:   / strategyskills   and   / firmsconsulting   ►Instagram (company): @firmsconsulting ►Instagram (Kris's personal): @kris.safarova ►Twitter: @firmsconsulting Kris's bio: https://www.firmsconsulting.com/kris/ Our e-mail: support@firmsconsulting.com // G E A R & OTHER AMAZON PRODUCTS WE LOVE All our Amazon FAVORITES: https://www.amazon.com/shop/firmscons... We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus). #caseinterviewexample #caseinterview #casestudyinterview