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Algebra Structures The 1st Way To Be MECE In Case Interviews
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If you've found this video helpful, you're gonna LOVE our free course at https://www.craftingcases.com/freecourse -- click the link for more info. • ** • Find more about the 5 Ways To Be MECE at www.craftingcases.com/MECE • ** • The MECE principle (Mutually Exclusive, Collectively Exhaustive) is the most famous principle in management consulting. • It is used every single day by McKinsey, BCG and Bain consultants to structure their client's problems just like you see in case interviews. • When I was preparing for my case interviews I was constantly afraid I was not being MECE when solving my cases. Everyone told me that I should be MECE: Victor Cheng, Case in Point, and all the other experts . • But one thing they did not tell me was HOW to be MECE. • In this video, I'm sharing with you The 1st Way To Be MECE: Algebra Structures. This is basically using math equations to structure your numerical problems. • This video is a follow-on from another video, The 5 Ways To Be MECE, which are 5 practical techniques you can use to create your own customized frameworks. • Algebra Structures are the most basic form of structuring, and one of the most important as well. They form the basis of how management consultants from McKinsey, Bain, BCG and other top consulting firms solve anything that has a numerical component to their clients: Profitability problems, Revenue growth problems, Cost-cutting problems, and so on. • Algebra structures can be amazing, but you have to know how to use them to best solve your case study problem. Otherwise, you're no better off than you were before. • Tell me in the comments if you've liked this video and what you've liked about it. • Table of contents (so you can find stuff later in the future): • 01:40 - Examples of Algebra Structures • 06:53 - How to use Algebra Structures • 14:11 - Things to be aware of when using Algebra Structures • If you've liked this video, make sure you click the Like button and leave a comment below! (This lets Youtube know this video's good and will make it show it to more people). • If you want to hear more from us, click Subscribe (and click the Alarm Bell button if you want to get notified whenever we release a new video). • If you have any questions, ask it in the comments below - I'll read and answer each one of them and may even make a video about it, who knows! • And if you know someone (or someones) who might benefit from our videos, make sure you share it using the Share button next to the Like button. • Hope the best for your case interview preparation and I'll see you on the next video :) • Bruno • Music in the video: • Funk Game Loop Kevin MacLeod (incompetech.com) • Licensed under Creative Commons: By Attribution 3.0 License • http://creativecommons.org/licenses/b...
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