
Sign up to save your podcasts
Or


For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about productivity.
In brainstorming the interviewer is looking for your approach to define an objective function, understand the direct drivers of the function, prioritize the drivers and explain how to manipulate them. There is only one definition for productivity and that is formally used in all studies. Productivity is the total value of outputs over the total cost to deliver those outputs. Other definitions are derivations which assess narrow areas only. A candidate will struggle to understand operations cases unless they understand the concept of productivity.
Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
By StrategyTraining.com & FirmsConsulting.com4.4
129129 ratings
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about productivity.
In brainstorming the interviewer is looking for your approach to define an objective function, understand the direct drivers of the function, prioritize the drivers and explain how to manipulate them. There is only one definition for productivity and that is formally used in all studies. Productivity is the total value of outputs over the total cost to deliver those outputs. Other definitions are derivations which assess narrow areas only. A candidate will struggle to understand operations cases unless they understand the concept of productivity.
Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

972 Listeners

2,185 Listeners

385 Listeners

436 Listeners

1,852 Listeners

196 Listeners

1,054 Listeners

173 Listeners

1,303 Listeners

3,048 Listeners

833 Listeners

426 Listeners

45 Listeners

219 Listeners

171 Listeners