Professional Documents
Culture Documents
Case Almanac - IITK Consulting Group
Case Almanac - IITK Consulting Group
by
iitkconsult.org
I Theory Section
1 Management Consulting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
1.1 How to use this Casebook? 7
1.2 What is Management Consulting? 8
1.3 What is expected of a Management Consultant? 8
1.4 What are Case Interviews? 8
1.5 Frameworks and Resources 9
2 Pointers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
2.1 Interview Tips from Seniors 11
2.2 Suggestive Timeline for Internships 13
2.3 Suggestive Timeline for Placements 14
2.4 D-day 14
II Cases Section
3 Cases: Guesstimates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
3.1 Case 1 (Cricket Countdown, A&M) 17
3.2 Case 2 (Pharmacy Potential, Bain) 18
3.3 Case 3 (Soda Summation, ICG*) 20
3.4 Case 4 (Tea Tally, ICG*) 21
4
4 Cases: Profitability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
4.1 Case 1 (Cattle Cravings, A&M) 27
4.2 Case 2 (Restaurant Rundown, Bain) 30
4.3 Case 3 (Medicine Mayhem, Bain) 34
4.4 Case 4 (Fishy Fishes, Bain) 36
4.5 Case 5 (Flower Fiasco, ADL) 39
4.6 Case 6 (Rattled Ratatouille, BCG) 42
5 Cases: Unconventional . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47
5.1 Case 1 (Attendance Apathy, Bain) 47
5.2 Case 2 (Attendance Apathy 2, BCG) 49
5.3 Case 3 (Attrition Avalanche, A&M) 50
5.4 Case 4 (Partner Predicament, BCG) 52
5.5 Case 5 (Pocket-Money Problems, ICG*) 54
I
Theory Section
1 Management Consulting . . . . . . . . . . . . . . 7
1.1 How to use this Casebook?
1.2 What is Management Consulting?
1.3 What is expected of a Management Consultant?
1.4 What are Case Interviews?
1.5 Frameworks and Resources
2 Pointers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
2.1 Interview Tips from Seniors
2.2 Suggestive Timeline for Internships
2.3 Suggestive Timeline for Placements
2.4 D-day
1. Management Consulting
’Statements in italics’ are from the interviewee, and ’Statements in regular font’ are from
the interviewer’s end. To all the first-time interviewers, it is recommended you read the
complete case and make a mental story that you follow throughout the case. If you want to
make the case difficult for your friend, do not reveal information until specific questions
are asked. But keep in mind, it is not wrong to give the interviewee a little nudge in the
right direction if they seem stuck.
To practice cases, it is best to form a group of 3 and practice cases in a cyclic format, with
one interviewer, one interviewee, and one observer. The role of the observer is to try to
solve the case independently and learn all the good habits of the interviewee. At the end of
the case, there is a round of feedback for the interviewee and interviewer.
What matters more than solving a case is learning from the cases you have done that day.
So it is recommended you start early and do fewer cases a day. We recommend that one
round of cases a day is the right amount. At the end of the round, keep building on your
toolkit by taking notes and incorporating them the next time a similar situation shows up.
Also, note that the approach to the cases in this book is one of many. It is acceptable if the
interviewee uses a different approach but is structured and intuitively makes sense. It is
8 Chapter 1. Management Consulting
Your interaction will be with a buddy, manager, or partner-level employee at the firm. It
should include two broad sections, a personal experience section, and a case section. The
personal experience section is for the employer to reasonably understand your motivation
and goals and run a culture fit check. Doing well in both sections is essential to make it
across to an offer.
Here are some tips to help you prepare for a case interview:
Practice, practice, practice: As you practice cases, you will become more comfort-
able with the format and be better prepared.
1.5 Frameworks and Resources 9
Understand the business problem: Take the time to read and understand the prob-
lem presented to you. Make sure you ask clarifying questions if you need to.
Communicate clearly: Make sure you communicate your thought process clearly
and effectively. Speak in a structured and organized way. This helps the interviewer
stay on track with you throughout.
Be creative: Don’t be afraid to think outside the box and come up with innovative
solutions.
Manage your time: Ensure you are aware of the time constraints and effectively
manage your time. Case interviews usually take around 30-35 minutes. Taking extra
time unnecessarily might count towards a bad rating.
ADL Matrix: Analyzes a company’s strategic options based on market growth rate
and relative market share.
Lean Six Sigma: Combines lean manufacturing principles and Six Sigma methods
to improve efficiency and reduce defects in processes.
McKinsey 7-S Framework: Focuses on seven elements that are essential for organi-
10 Chapter 1. Management Consulting
zational success, including strategy, structure, systems, staff, skills, style, and shared
values.
Porter’s Five Forces: Analyzes an industry’s competitive forces, including the threat
of new entrants, bargaining power of suppliers and buyers, threat of substitutes, and
rivalry among existing competitors.
The Personal Experience section aims to provide a platform for the employer to delve
deeper into your interests and engagements that you may have shared with them through
your resume. Much like a normal conversation, this section of the interview is your chance
to showcase your experiences and motivation that has led you to apply and why you feel
you should be considered.
1. In a resume full of varied activities you may have participated in, know every bit
of detail and your most impactful contributions to these activities. Interviewers are
keen to know how you were indispensable in a specific activity.
3. Do not be limited to just your resume. Your resume is a compilation of most of your
accomplishments, but do not shy away from talking beyond it if it helps.
4. Expect to be asked questions you may have heard before. Do not deliver answers
you have mugged up or would be unable to defend if followed up. An interviewer is
trying to understand you better, and leading to panicking ‘Ums’ and ‘Ahs’ will only
put you in a more challenging situation to get out of.
5. Treat the interview as a two-way conversation. Knowing better about the interviewer
12 Chapter 2. Pointers
will only help you lead a better, more fruitful discussion with them and connect better.
The Case Interviews are aimed at testing skill sets you would be expected to use daily at
work. Through this section, expect to be placed in tricky situations where prompt thinking
and efficient communication should help you figure out how to reach the end.
1. You will be provided with some information about the case at the start. Take some
time to think about the information you would require to devise a strategy to begin
the case.
3. Be structured in all communication you do through the case. Following the MECE
(Mutually Exclusive Collectively Exhaustive) rule will help you break the problem
down into multiple smaller problems and work them discretely.
Taking some confident steps to reduce the time taken to get to the solution would be
appreciated. Choosing to run down a specific stream of problems with a hypothesis in
consensus with the interviewer will help you drill down the problem quicker and more
efficiently. Also, involving excerpts from the personal experience section to lead to mean-
ingful discussion is highly appreciated.
Upon identifying a root cause in your case, do not skip the rest of the solution. En-
sure to have exhausted all analysis entirely. Reach the end of the case with all possible
causes of the problem.
While providing corrective recommendations and their backing, do not leave being struc-
tured. Addressing a comprehensive list of recommendations at the end places the cherry
on the cake.
While solving cases, you are free to use the theory of case frameworks and popular
practices used to analyze a case. These frameworks are widespread and are hence con-
sidered positive to employ in your problem-solving. But, do not get robotic with your
approach, i.e., identify and use the contextually appropriate case frameworks and theory
to proceed in your interview. Another approach would be to come up with your own
structures during practice, which can be derived from the popular ones. Although, do
not do this until you are confident about correctly using the popular frameworks as they
2.2 Suggestive Timeline for Internships 13
are. An interviewer would be quick to notice this. Pay attention to the human touch of
problem-solving and not just fitting everything into a framework.
1. Practice is the key. Knowing the breadth of cases that you have practiced before an
actual interview should keep you calm and less likely to face a surprise.
2. Treat the whole interview as a conversation. Using the first couple of minutes in the
interview to get to know the interviewer and understand their expectations will help
you curate better conversations and discussions.
3. Do not forget to communicate when you feel stuck. It is only natural to feel over-
whelmed with all the information you may have been bombarded with. Communi-
cating continuously with the interviewer will allow them to keep pace with you and
provide assistance wherever they feel it is required. Similarly, asking for help where
you are stuck will reflect your ability to identify your situation and make amends as
needed.
2.4 D-day
To give you some perspective and help you plan better, knowing what to expect on the
day of the interview is essential. The final test, although daunting, only feels so before the
interviews start. Having a shortlist at multiple firms makes it hard to keep track of time as
you run in and out of interviews. It is an actual test of your patience, grit and resilience. It
is vital to remain calm and understand that freaking out over not being called for round X
of firm Y as your friends share their advancements should not shake you to the extent that
you underperform in your subsequent rounds. Always stay positive and know that you will
be fine no matter what, "Sometimes we are just too close to the puzzle to see the picture
that is forming.” ∼ Ted Mosby. All The Best!
II
Cases Section
3 Cases: Guesstimates . . . . . . . . . . . . . . . . 17
3.1 Case 1 (Cricket Countdown, A&M)
3.2 Case 2 (Pharmacy Potential, Bain)
3.3 Case 3 (Soda Summation, ICG*)
3.4 Case 4 (Tea Tally, ICG*)
3.5 Case 5 (Energy Estimate, Dalberg)
3.6 Case 6 (Newspaper Network, ICG*)
3.7 Case 7 (Cash Capital, McKinsey)
4 Cases: Profitability . . . . . . . . . . . . . . . . . . . 27
4.1 Case 1 (Cattle Cravings, A&M)
4.2 Case 2 (Restaurant Rundown, Bain)
4.3 Case 3 (Medicine Mayhem, Bain)
4.4 Case 4 (Fishy Fishes, Bain)
4.5 Case 5 (Flower Fiasco, ADL)
4.6 Case 6 (Rattled Ratatouille, BCG)
5 Cases: Unconventional . . . . . . . . . . . . . . 47
5.1 Case 1 (Attendance Apathy, Bain)
5.2 Case 2 (Attendance Apathy 2, BCG)
5.3 Case 3 (Attrition Avalanche, A&M)
5.4 Case 4 (Partner Predicament, BCG)
5.5 Case 5 (Pocket-Money Problems, ICG*)
3. Cases: Guesstimates
Vashi’s Note: Guesstimates teach you the basics of structuring mathematically, finding
the correct bottlenecks, and are the stepping stone to solving cases. Sometimes, cases also
include guesstimates that test your quant ability with general knowledge, so mastering
them is essential.
Mohika’s Note: It is not necessary that the interviewee reaches the exact same number
that is derived here, or uses the same approach. It should, however, be of the same order.
Preliminary Questions
1. Do we consider only balls used during the matches or even the balls used in practice?
Just the match balls.
2. What kind of matches are being played? Are these one-day matches, T-20, or test?
T-20 matches.
4. How many IITs are participating? How many teams are participating from each IIT?
Take ’N’ IITs to be participating, with each having one team.
Note: In case the interviewee is stuck, or the case has to be made simpler, here N
can be replaced with 23.
18 Chapter 3. Cases: Guesstimates
5. How often are the balls changed? Are they changed after every few overs?
No, one ball is used in each innings of the match.
Okay, let’s break the problem down mathematically. Do we also consider lost balls
during the matches?(illustrates structure)
N
C2 3 (2 Semi + 1 Final) 2 (1 per Innings) Extra Balls
Can you list down a few ways you can find the number of balls lost?
Sure. (lists them down) We can look at the historical data if it is available with the
client. Apart from that, we can look at the quality of the ball and determine its dura-
bility in a given match. We can look at the stadium’s dimensions and surroundings
to determine the probability of finding the ball if it goes out. All these factors will
determine the average number of extra balls used in a match.
Note: Since the structure here is depicted for N, there is no final number that
can be given. The interviewer should ensure that the interviewee can present a
formula for it.
Preliminary Questions
1. What do we mean by market size here? Are we talking in terms of the number of
people, revenue...?
Total revenue per year in Rupees.
3.2 Case 2 (Pharmacy Potential, Bain) 19
2. And we are considering only medicines? Are we not considering, say, other medical
supplies they might be selling?
Yes, consider only medicines.
Case Solving Begins!
Okay, let’s break the problem down. First estimating the Market Size in terms of
people and then further how chronic and non-chronic users might spend. (illustrates
structure)
Market Size
No of Users
Population
Urban Rural
(30%) (70%)
Low Income Middle Income High Income Low Income Middle Income High Income
(40%) (50%) (10%) (40%) (50%) (10%)
Preliminary Questions
1. Do we consider only the soda consumed on that day or the stored soda as well?
Consider only the amount consumed.
2. Are we considering the entire campus population, including the guards and the
workers?
No, consider only the students.
3. What soda products are we talking about? Are we considering club soda and baking
soda too?
No, just the soft drinks.
Students
Low Volume Medium Volume High Volume Low Volume High Volume
(0.125L) (0.25L) (0.5L) (0.125L) (0.25L)
Preliminary Questions
1. Tea cup sounds a lot like porcelain tea sets. We mean the tea sold, right?
Yes, the tea.
2. When we say railway station, what do we include? Tea can be sold on the platform,
outside the railway station, and inside the train.
Consider only the platform.
7. Is there any difference between the frequency of trains arriving during the day and
those arriving at night?
Why don’t you try to analyze that?
I would assume that we have a higher frequency of passenger trains during the day.
You can go ahead with that assumption.
Cups Of Tea
10 PM - 8 AM 8 AM - 5 PM 5 PM - 10 PM 8 AM - 10 PM 10 PM - 8 AM
(0.25 cups/min) (1 cup/min) (0.5 cups/min) (0.5 cups/min) (0.1 cups/min)
Preliminary Questions
3. What is the current occupancy of the camp? Also, are there any other common
facilities in the camp that we need to consider?
80% of the camp is occupied currently. You can ignore energy consumption for the
common facilities.
4. Where is the refugee camp located? What time of the year is it?
It is located in Spain. It is the summer season.
6. In what unit do we want to estimate the consumption? For what duration do we want
to estimate?
3.6 Case 6 (Newspaper Network, ICG*) 23
Consider the electricity consumption in kWh and the water and gas consumption in
liters. Estimate the consumption in a day.
Energy Consumption in
a single block
Gas used
No. of Meals
Light Fan Refrigerator Microwave per Meal
(20W) (30W) (250W) (1000W)
A gas cylinder having 30L gas
3 Meals/day x
lasts 540 meals, so for a single
10 People
10 Times x meal, 1/18L of gas is used
6 Hours/Day 20 Hours/Day 24 Hours/Day
30 Secs/Day
Note: The structure shows the energy consumption for just one block. This should
be multiplied by the number of blocks and the percentage occupancy of the camp to
reach to the final number.
The daily electricity consumption comes out to be around 78 KWh. The water
consumption comes out to be 640L, and that for gas is 13.33L/day .
I think we can end the case here.
Interviewer’s Note: Not all information in this case is revealed directly. Specific questions
are asked even if the information seems obvious to be given already. This is a practice that
can be followed in a few other cases as well.
Preliminary Questions
3. Are we a national paper? For what geography do we want to estimate the revenue?
We are a national English newspaper, but we are only interested in the revenues from
the Kanpur division.
4. So what audience are we talking about in the online and offline divisions? What is
our revenue model?
For the offline mode, consider households, and our revenue source for this is through
advertisements and newspaper charges. Our online revenue model is a subscription-
based model with INR 100 per month pricing.
5. What is the price of our paper? Do we have any info on the competitors and their
pricing?
Our price is INR 10 per newspaper. There are two major competitors, A and B. Their
prices are INR 9 and 9.5, respectively. You can assume that they are similar to us.
Do we have a break-up of the Kanpur customers for the online and offline segments?
30% of the population prefers reading the online paper, and the rest prefers the offline
mode.
The daily revenue from the Kanpur region comes out to be 16.4L INR.
Good job! This is the end.
Note: The advertisement model is not shown in the structure here. If the inter-
viewee mentions the model in their structure, then ensure that the information is
mentioned accurately, as this can be a little confusing.
3.7 Case 7 (Cash Capital, McKinsey) 25
Sources of Revenue
Households (4.2L)
0-18 Years 18-30 Years 30+ Years
(20%) (20%) (60%)
Preliminary Questions
The cash flow for an ATM in a month comes out to be roughly 9.45L INR.
Great work! We can end the case here.
26 Chapter 3. Cases: Guesstimates
Population
Frequency Amount
50% use ATM
(5 times/month) (3000) UG Masters Ph.D
(5000) (2000) (2000)
Frequency Amount
(4 times/month) (1000)
Frequency Amount
(1 time/month) (1000)
Frequency
(2 times/month)
Amount
(1000)
Frequency Amount
(2 times/month) (1500)
Vashi’s Note: Profitability is one of the most common types of cases asked in interviews
and a great starting point. Start with focusing on asking the right set of preliminary
questions to help you with your drill speed. Work on structuring intuitively through
practice (not memorizing the framework), and finally work on your recommendations and
synthesizing.
Shivangi’s Note: Apart from the case itself, try to understand the tone and attitude to ask
questions. It is not recommended you copy it. Rather, develop your own demeanour that
compliments your personality. PS: Since these cases are very text heavy, it would be more
fruitful if the Interviewer reads the complete case before starting.
Preliminary Questions
1. Okay, so can you please tell me since how long have we been observing these losses?
We have been observing these losses since inception five years ago.
2. Before starting my analysis, I would like to clarify what is the animal food that we
are referring to here. Additionally, can you please specify if we specialise in any
particular type?
Sure, our client sells cattle food for cows, buffaloes, sheep, and goats, and they
specialize in producing food for cows.
The client sells their product to corporations and individual farmers, irrespective of
their scale and size.
4. So, in what part of the value chain do we lie? Do we handle the entire supply chain
of procuring raw materials, manufacturing, distributing and selling the product, or
only one particular component of the supply chain?
We don’t handle the entire supply chain of producing animal food; we are only
involved in manufacturing the product.
6. Okay, now that I have a good idea about what our client does, can you give me more
information about our market cap and how other players are doing?
Currently, we are the 3rd largest player in the market, with the 2nd largest player far
ahead of us. It is important to note that others are not suffering as much as us.
That seems like a problem. Please give me a moment to structure my thoughts before
we proceed.
We have been observing losses in our business for a long time; it might be a revenue-
side issue or a cost-side problem, or maybe due to both. Can you give more idea
about how both the components are performing? (illustrates structure)
Sure. The client’s revenue is fine, but their costs are much higher than the competi-
tors’.
Okay, then I would bifurcate the costs into fixed and variable. Are the fixed costs
abnormally high, or does the problem lie with the variable costs?
Why don’t you list down all the fixed and variable costs, and then we can proceed?
Sure, the fixed costs can include the rents for factory and office space, utilities, capital
maintenance, labor costs, and insurance.
To determine the variable costs, I can go ahead with a value chain analysis. The
client can incur costs for raw material procurement, its inbound logistics and pro-
cessing. After that, the packaging, warehousing, and outbound logistics for the final
product would also cost the client money. Followed by that, distribution and retail
and after-sales services and marketing can also be counted as variable costs. Does
my analysis cover all aspects, or am I missing anything?
Yes, your analysis looks good. You may proceed further.
Thanks, so moving on, do we have any information about where we have been spend-
ing more as compared to our competitors?
Yes, we have observed that raw material procurement cost is higher for us than for
our competitors.
Profits (Lower)
Pretty close to
actual reason
Grade or Quality Price Volatility
Raw material
Inbound Logistics Processing Packaging Warehousing
Procurement
Interesting, do you have any idea about what our competitors do?
Yes, they go to the same mandi.
Interesting, due to the size of our competitors, do they have special deals that we do
not have access to?
No, the mandi is a competitive space, and you can’t crack long-term deals in it (large
arbitrage opportunities).
Alright, Can you explain what happens at the mandi? Let’s say every Tuesday, we
go and get 1000kg of grain and come back. Is it possible that we are getting more
expensive grains considering our costs are higher than our competitors, or do you
know if the mix is different?
It could be true, but those are marginal areas; you don’t have to focus on them.
30 Chapter 4. Cases: Profitability
Okay, so are we buying crops at the wrong time? Let’s say we’re buying at the start
of the day when the prices are more competitive as compared to our competitors who
are, let’s say, buying at the end of the day.
Do you mean price variability?
Yes.
Okay, that has been an issue. There are no intra-day price variations, but you’re on
the right track.
Alright, could it be that the competitor is buying the crops according to the season,
let’s say Kharif crops during that season and storing them?
Yes, they have a cold storage facility, and they buy the crops seasonally. You may
wrap up the case and lay out your recommendations.
Recommendations
1. In short term, you can negotiate a contract with sellers to buy crops during the
harvest season.
2. For long-term measures, you can construct a similar cold storage mechanism and
experiment with the composition of grains on the basis of cost optimisation and
customer response.
Preliminary Questions
1. Okay, so the key problem that I need to focus on is declining profits. Are there any
other concerns that I should keep in mind while approaching the case?
No, there aren’t any underlying problems. You can go ahead with the case.
2. Alright, so can you please elaborate more on the decline in the profits. For how long
have we been observing this trend?
The profits have declined by 25%, and this trend has persisted for 3 months.
3. Got it. Now, I would like to know more about our client. So, are we looking at
only one restaurant or a chain of restaurants? Is there anything different about our
restaurant that you would like to mention?
Our client owns only one restaurant, so you need to focus only on that. Ours is an
open-air restaurant, so you can count it as something different than usual.
4.2 Case 2 (Restaurant Rundown, Bain) 31
4. Sure. Can you tell me more about what kind of services we offer? Along with dine-in,
do we also provide online orders and delivery or takeaway services? Also, do we
have any other revenue stream like valet parking etc.?
No, we only provide dine-in services and don’t have any subsidiary services like
valet parking.
5. Okay, is there any customer base that we particularly cater to? Also, can you also
tell me how people come to our restaurant? (interviewee was trying to gauge if there
was any special attraction to the restaurant)
It’s a family restaurant with mostly middle-class families frequenting it. As for your
second question, people living within a 5 km radius of our restaurant usually come
there.
External Reason
Factories or Animal
Smell Trash Collection
Husbandry Farms
Maintenance of Restaurant
We have been observing a decline in revenues while the costs have more or less
32 Chapter 4. Cases: Profitability
Got it. So, according to me, revenue can be taken as the restaurant’s capacity
multiplied by the occupancy rate (Average number of tables occupied out of the
total) multiplied by the average expenditure per customer. So, would I be correct to
conclude that the drop in revenue must be due to a drop in the above three factors?
Yes, you can go ahead with this analysis in mind. So, we have observed a drop in the
occupancy rate as well as in the average expenditure per customer.
Okay, so to analyse the root cause of the problem, I would like to trace out a cus-
tomer’s journey. So, the journey would start with the decision to eat food. Can
you tell me what kind of customers do we serve? Do we have our usual customers
who frequently come to our restaurant, or do we have many people who come to
our restaurants for the first time? Has there been a particular decline in any such
segment?
It is a good thing that you decided to go ahead with the customer journey. To answer
your question, we have a healthy mix of both types of customers, and we have seen a
uniform decline in both segments.
Interesting, I need to know if there have been changes in the eating tendencies of
our usual customers. Has there been any change in the eating habits of the nearby
population? Maybe there were some macroeconomic conditions, health scares or
abnormalities in the past months that may have brought about such a change.
No, you can assume that the eating habits have remained the same and there has been
no decrease in the nearby population.
Okay, has there has been a change in the nearby population which served as the
customer base for the restaurant? The decrease in nearby population might explain
the decrease in the number of people coming to the restaurant.
No, there has been no decrease in the nearby population, though it was an interesting
thought from your side.
Thank you. Moving on to the new customer segment, I would like to know if we
have made some changes in our advertising strategy that has led to a change in the
awareness of our restaurants in people’s minds.
No, there has been no change in our advertising strategy.
Okay, this rules out the advent of a new competitor or new service (online ordering,
takeaways etc.) introduced by a competitor. Because such a thing would’ve affected
all the players somewhat, is it correct to assume the above?
Yes, you are correct to assume that.
4.2 Case 2 (Restaurant Rundown, Bain) 33
Alright, now tracing the customers’ journey to our restaurant, has there been any
nearby construction, changes in the parking system or any other change that might
prevent the customer from entering the restaurant?
No such thing has happened lately that might prevent the customer from entering the
restaurant.
Okay, so we should move to the customer experience then. I would branch it out
into external and internal factors. External factors include the activities that happen
outside the restaurant, while the internal factors depend on things that are under the
restaurant’s control, like its indoor aesthetics, quality of food etc. Both of them can
be further segregated into sensory factors. Should I go ahead with such segregation?
Yes, you can go ahead with such a structure.
Sure, so starting out with external factors. Has there been any change in the outside
view, has there been an increase in traffic that is leading to more noise, or has there
been a foul smell that has been irritating the customers? (A sensory analysis to map
the customer’s experience)
Yes, the customers have complained about a foul smell lately, causing them to leave
earlier than usual.
Okay, before deep diving into the external factors, I want to confirm if you’ve made
any changes that might affect internal factors. Maybe you had changed the aesthetics
of the restaurant, brought in a new chef or changed the operations of the restaurant
due to which there was a deviation from the usual taste or any other change like that.
It’s a good thing that you confirmed it. Though we’ve not made any changes inter-
nally, that might affect the customer’s experience.
Got it. So, you mentioned complaints about the foul smell. Are there any new
establishments, like a factory or an animal husbandry farm etc.? Or maybe our
maintenance has gone bad? Or is there a trash collection issue?
Yes, there is a trash collecting basin that has not been cleaned for the past 3 months,
and is producing the foul smell and creating an issue with the experience of dining.
Okay, so here is my hypothesis about what might have happened. As you mentioned
earlier, ours is an open-air restaurant. So the foul smell prevented the customers
from staying in the restaurant for a long time. This led to a decrease in the occupancy
rate. As they were staying in for a less period of time, we can assume that they were
ordering less food which led to a decrease in the average expenditure per customer.
Seems good. You can lay out your suggestions now.
Recommendations
away one of the USPs of your service, but you might also decrease the loss in profits.
3. As an extreme measure, you might consider shifting the location as a last resort, but
that would be too much of a hassle.
Your client is the CFO of a pharma manufacturing firm which is facing an increase
in packaging costs. Find out the root cause of the problem.
Preliminary Questions
1. I’m required to find out the root cause for the increase in packaging cost. Is there
any other secondary objective that I need to keep in mind?
No, you don’t have to keep any secondary objective in mind.
2. Okay. So, how much has the packaging cost increased, and how long have we been
observing this increase?
We have been observing a 20% increase in the packaging cost since last year.
3. I would now like to know more about the client’s company. Where are they set up
and where do they operate?
Sure, the pharma company is set up in India, manufacturing common medicines here,
and supplying them worldwide.
I have limited knowledge of how the packaging of medicines is carried out in the
pharmaceutical industry. Can you give me a broad overview of how our company
goes about doing this?
Yes, sure. So, there are 3 levels of packaging: primary, secondary and tertiary. The
primary level is putting the medicine into its aluminum and plastic cover, the sec-
ondary level is putting these packets into boxes and the tertiary level of packaging
involves putting these boxes into cartons for transportation.
Understood. I’m curious, have we been facing issues in all packaging levels or is the
issue localized?
Yes, we have been able to localize the issue to primary packaging, more specifically
to aluminum.
Okay, so we have mainly had an increase in cost due to aluminum. Would you want
me to deep-dive into the value chain of aluminum procurement to find out the root
cause of the cost increase? (illustrates value chain)
4.3 Case 3 (Medicine Mayhem, Bain) 35
Wastage Rent
Labour Machines
Okay, so I think aluminium would be mined, processed and then sent to the factory
to flatten into thin foils. These foils can then be bought by our client for packaging
purposes. This is a broad overview of the value chain of aluminium according to my
understanding. Am I missing anything?
You could’ve mentioned the transportation cost of aluminum, but overall I believe
you’ve broadly covered it.
Okay, so I want to focus on the issues that we might be facing in the value chain.
Maybe the cost of mining and processing raw aluminum has increased leading to an
increase in its pricing as a commodity. Moving on to the next step, maybe the factory
which is flattening the aluminum into foils has undergone some operational changes
which again might’ve hiked up the prices. You mentioned transportation, we might
be facing some problems in that domain as well, maybe the distributor has increased
its service rates, leading to an overall increase in the cost of procuring aluminum.
(illustrates structure)
Al required per
Cost Cost of Al per kg No. of tablets
tablet (kg)
Good. Due to political upheaval in one of the major aluminum exporter countries, we
have been observing fluctuations in the aluminum index. All other segments of the
value chain have more or less remained the same, and have not caused any problems.
This seems like an industry-wide issues. However, since you pointed out that others
have had lesser impact, should I also look into our own operations about handling
primary packaging to see if any internal aspect related to packaging is causing any
problems?
36 Chapter 4. Cases: Profitability
Okay, so the cost of aluminum packaging can be illustrated as the number of tablets
being manufactured multiplied by the weight of aluminum packaging required per
tablet multiplied by the cost of aluminum per kg. The weight of aluminum packaging
required per tablet can be further stated as the density of aluminum multiplied by
the volume of aluminum packaging required per tablet which can again be broken
down into the area of aluminum packaging allotted per tablet and the thickness of
the packaging. Has any of the above factors been changed recently by the company?
Yes, we had to increase the thickness of the aluminum packaging sheet. Can you
guess why such a step might have been taken by the company?
Sure, there might have been some modification in the internal protocol of the com-
pany, maybe the government has rolled out new regulations regarding the medicinal
packaging thickness, or there might be some issue with our machinery which is then
leading to increased thickness of packaging. We can also consider that there might
be some internal corruption where an official of the pharma company has been
bribed by the aluminum manufacturer to increase the packaging thickness so that the
manufacturer can sell more.
You have some interesting suggestions, but yes, due to the new regulations rolled out
by the government, we had to increase the aluminum thickness. You may close the
case now.
Recommendations
No Recommendations were asked
Preliminary Questions
1. So, I need to find out the reasons why our company has been facing losses since an
year. Is there any secondary objective that I need to keep in mind?
No, there is no secondary objective.
2. Got it. Do we have a quantitative idea about the loss that we have been facing?
Sorry, we don’t have any numbers related to that.
3. No problem. I would like to know more about how our company functions. Can you
tell me the exact working of the company?
Sure, so our client has two verticals. One vertical is involved in catching fish and
selling them while the other one is involved in the business of renting out boats.
4. How do we sell the fishes and at what prices do we sell it with respect to our competi-
tors? Also, do all the market players deal in the same area or different locations?
4.4 Case 4 (Fishy Fishes, Bain) 37
We sell them locally and at the same competitive price as our competitors. We all
sell our seafood in the same market.
5. Alright. So, are the fishermen, boats and equipment employed and owned by us or
are their services outsourced?
Yes, the fishermen are our own employees and we own the boats and equipment used
by us.
6. Okay, are we the only player in the market facing a loss in the business or is this an
industry-wide problem?
We are the only player in the industry facing the problem of growing losses.
Total Fish
Shape of Fishing
Nets
So, are we facing a revenue loss in a particular vertical of ours or is the loss across
the board?
We have been facing a loss in the business of catching and selling fish.
Alright, can you give me an idea about the type of fishes we catch? Do we also look
for anything other than that like prawns or crabs?
We catch only two types of fish, small and big. We don’t catch anything else.
Okay, so the revenue can be broken down into the number of units sold multiplied by
the price per unit. Now, you’ve already told me that we are selling our seafood at
competitive prices and that none of our competitors have been facing a loss, so the
38 Chapter 4. Cases: Profitability
decrease in the selling price can’t be the reason. Am I correct to make that assertion?
Yes, you are right. The loss in our revenues is due to a decrease in the units of seafood
we sell.
Okay. So, does the issue lie on the supply side or in the demand side? Have we been
observing a decrease in demand or has the demand remained the same but now we
are not able to cater to it? Also, has such a decrease been observed across both
kinds of fish or only for one particular kind?
Well, we have not been able to cater to the demand of small fish as we have not been
able to catch enough of them for the last one year.
Interesting. It is now evident that the revenue loss is due to a decrease in the number
of small fish caught. I want to know why such a thing has been happening. We can
analyse what factors the number of small fish being caught depends on.
Yes, go ahead.
So, the number of small fish caught can be written down as the number of ships and
the number of fish caught per ship. Has there been a change here?
Yes, the number of small fish caught per ship has decreased.
Okay. To analyze it further, the number of fish being caught per ship can then be bro-
ken down into the number of fishermen and the average number of fish being caught
by a fisherman. Now, the average number of fish being caught by the fisherman will
depend on several factors. For instance, the labor being put in by the fisherman, the
equipment and methodology used, the number of hours they have been working and
other miscellaneous factors. Has there been a change in any of the above factors?
Yes, the fishermen, number of boats, efficiency of the fishermen, and work hours
have remained the same, but around a year ago, we changed the fishing equipment.
The shapes of holes in the fishing nets we used changed from square to circle.
So, I think that circular holes provide easy escape to small fish leading to a decrease
in the number of fish being captured. Is my hypothesis correct?
Yes, you are right. You can go ahead and lay out your recommendations now.
Recommendations
1. Sure, first of all, I believe that you should buy different fishnets with an optimal mesh
size and shape, if there is no particular reason to continue with the circular hole
fishnets.
2. Maybe using different techniques might make the net more effective, like intertwining
the nets or overlaying them.
3. You can also target a different set of seafood that might be a better fit and be more
easily captured by the new net to make profits.
You are providing consulting services to a flower shop in Delhi that has been facing a
decline in profits. Find out the root cause for such a decline and recommend some
solutions.
Preliminary Questions
1. Okay, so the flower shop has been facing a decline, and I have been consulted to
resolve that. Is there any secondary objective that I need to keep in mind while doing
so?
No, there is no secondary objective.
2. Got it. So can you give me a quantitative estimation of the profit decrease, and for
how long have we been observing this?
Sure. We have observed a loss of 40% in our profits in the last 6 months and a loss
of 60% in the last 3 months.
3. How is the competition breakup scenario in the market? And are they facing a
decline in profits too, or is it just us?
The competition is scattered. We don’t know about their profit trends, but they do
not seem unhappy.
4. Okay, I would like to know more about our client. Can you tell me where we are
located in Delhi and how many shops do we manage?
We only have one shop which is located in a busy market in Delhi.
5. Alright. Do you have information on what part of the value chain does the client
lie in? Do they take care of the entire cultivation of flowers, their processing, trans-
portation and selling, or do they focus only on a segment of the value chain?
We don’t do any of the things that you mentioned. We are only involved in the retail
selling of the flowers.
6. I would like to know more about our client’s products and their customers. What
kind of flowers do they sell, do they sell them for any special occasion or for usual
usage, and is there any customer segment that they particularly target?
We sell the usual flowers in demand for daily use, like for temple garlands and
sometimes for high-end bouquets etc. Our customers are mostly common folk either
going to the temple or buying flowers for a date.
Got it. I’ll take a few moments to structure my thoughts and will get back to you.
Our profits have been decreasing for the past few months. Let’s break it down into
revenues and costs. Is the decrease in profits due to a decrease in revenues, an
increase in costs or due to an interplay of both phenomena?
We are not sure where the problem lies. So, you may want to analyze both segments.
40 Chapter 4. Cases: Profitability
Profits
Revenue Cost
Rent
Think about this!
No of units sold Avg selling price
Bills
Supply
Packaging Loading Transportation Unloading Shelfing
diagram
Distributor Flower shop
That is helpful, thank you. So, I’ll look into the problem both from the supply and
demand side as it might be the case that the demand has remained the same but due
to some operational reason we cannot supply the products or the demand for flowers
itself has decreased. Does such a way forward work?
Yes, you can go ahead with such an analysis.
Okay, so I’ll look at the supply side first. Can you give me a broad overview of the
supply chain for purchasing the flowers?
Sure, we source our flowers from a company called JJ, a flower cultivator company.
Then there is a distributor X that sells these flowers to us and takes a small cut for
his services.
Has there been any issue in the cultivation of flowers by JJ? Maybe the quality of
seeds has gone down; there might have been some meteorological issue that would’ve
led to a bad harvest; has there been any change in the governmental policy regarding
such cultivation or maybe the company has made some operational changes.
No, the flower cultivators have experienced the usual harvest, and no changes in
policy regulation and company operations have been introduced. You can move on
to the next segment.
4.5 Case 5 (Flower Fiasco, ADL) 41
Okay, so would it be correct to assume that the flowers are reaching on time, and
does their quality remain unaffected?
Well, the flowers are reaching us in time, but in the past few months, their quality
has been degrading.
Interesting. I want to dive deep into the supply chain from X to Flower Shop. JJ
would send the flowers to X, who would package and load them onto the trucks for
transportation. After being transported to the client’s shop they are unloaded and
arranged on the shelves. Am I missing anything in this supply chain? If not, have we
localized the problem to any particular component of the supply chain?
You are not missing anything from the value chain and yes, we have localized the
source of the problem to transportation. We asked for an audit report for the entire
process from company X and found that the flowers remain in good condition during
packaging and loading, but after being transported they are found to be in bad condi-
tion.
Okay, let’s break down the transportation to understand the root cause of the problem.
The problem can be due to factors arising from the transportation trucks or due to
external factors. I would like to analyze the factors related to the transportation
trucks.
Sure, go ahead.
So, has there been any recent decrease in the number of trucks which has led to X
filling more flowers than the capacity of trucks leading to their deterioration? Or
maybe the truck cohort has grown old and needs to be serviced. Have there been
any reports of rash driving by the drivers? That coupled with inefficient storage of
flowers can lead to its damage.
No, things have been going pretty smoothly from X’s side. Their operations have
been going on the same as before, there have been minimal reports of rash driving
and no change in storage arrangements compared to before.
Transportation
Driver
Arrangement or
storage of flowers
42 Chapter 4. Cases: Profitability
Okay, so I’ll move on to the external factors. Though it is improbable, has the
weather in the last few months been particularly bad leading to the damaging of
flowers en route? What seems more probable is the deterioration of roads along the
route, leading to such damage or maybe there has been some legal obstruction, due
to which the trucks are taking longer to reach their destination leading to wilting of
flowers.
Yes, the road quality along the truck’s route has indeed dropped, leading to the
dismantling of flower arrangements inside the truck. Due to this, the client has
been receiving damaged flowers for a few months. You can go ahead with your
recommendations.
Recommendations
Preliminary Questions
1. Before starting, can you tell me what we mean by profitability here? Are we referring
to profitability as profits divided by revenue?
Yes, that is what we mean here.
2. Since when are you facing these issues, and what is the magnitude of the decrease in
profitability?
We have been facing this issue for the past 1-2 quarters, and the decrease in prof-
itability is 50%.
3. Got it. I would like to know more about the restaurant. Can you tell me what type of
restaurant it is in terms of the customers we serve, where exactly it is located, and if
4.6 Case 6 (Rattled Ratatouille, BCG) 43
4. Alright, so the restaurant is situated in the middle of the lake. I am intrigued about
how the customers reach the restaurant. Can you tell me more about that?
Sure, we run motorboats across the lake, taking customers to and fro from the
lakeside and the restaurant.
Got it. I would like to take a few moments to structure my thoughts and will get back
to you. Thanks!
Got it. So, revenue can be broken down into further streams. We can classify them
into core and non-core businesses. Core caters to the dining experience, whereas non-
core will look after the subsidiary services like library, transportation etc. (pauses,
illustrates structure)
Revenue
Parking charges
No. of orders Average ticket size
Transportation of visitors
Supply Demand
Recreational activities
Thanks, the core revenue stemming from the dining experience can be branched out
in the number of orders received and the average ticket size for an order. Has there
been a decline in any of these factors?
Yes, we have been facing a decline in the number of orders, while the average ticket
size for an order has remained the same.
44 Chapter 4. Cases: Profitability
So, the decline in the number of orders can be due to a decrease in demand or a
decrease from the supply side. It might be that you have the ability to cater to the
demand, but the customers are ordering less, or the demand has remained the same,
but due to some operational reason, you are not able to cater to it. Can you tell me
what has been the case?
We have not made any operational changes, so the supply side is working well, but
the customers themselves are not ordering much on their own, so you can say that
there is a problem with the demand.
Alright. To identify why the customers are ordering less, I would like to trace out
their journey. So, first of all, the customer would want to have the snacks that our
cafe serves and make up their mind for the same. Has there been any overall decrease
in such demand? (illustrates structure)
Customer
Need Awareness Accessibility
Customer Demand experience
Framework
Fluctuation in demand of Advertisement/marketing Location, connecting roads, Food quality, ambience,
cuisines the client prepares and external factors security regulations etc. service - internal factors
No, we had conducted a survey to gauge such a tendency and found that the demand
levels have remained the same.
Interesting, I would now move on to the next step. Say, the customer has finally de-
cided, but are they aware of the cafe? Have you made any changes in the advertising
strategy that might’ve led to a change in customer awareness level for the cafe?
No, we’ve not made any changes to our advertising strategy. You can proceed to the
next steps.
Okay, so the customer is aware of our cafe. Now, I want to look at how the customers
travel to the cafe. Has there been any recent change in the route, traffic regulations
or mode of transportation the customers take? Maybe a new construction popped up
that has been constricting customers from coming to the lake or maybe the public
transportation to the lake has been stopped.
No, as far as we are aware, the customers have been taking the normal route; there
has been no recent change there. The regulations too have remained the same. For
the mode of transportation, you may want to know that we introduced motorboats a
few months, doing away with slower rowboats; this is the only change in the mode
of transportation taken by customers that we are aware of.
Got it. Have you taken any kind of feedback from the customers on this recent
change or noticed any change in the tendencies of particular customers ever since
this change has been introduced?
The motorboats are extremely fast and ever since they have been introduced, our
old-aged customers have made complaints of feeling dizzy. We’ve also noticed
that this particular customer segment has been ordering less since we switched to
motorboats.
Obviously, older people have been feeling dizzy due to motorboat travel and hence
4.6 Case 6 (Rattled Ratatouille, BCG) 45
lose their appetite as they feel queasy, leading to a reduction in the number of orders.
Does this reduction form a significant proportion of the overall decrease?
Yes, it can be one of the reasons, but we don’t think it is the sole reason for the overall
decrease. You should continue your analysis.
Okay, I would move on to the customer experience now that they have entered the
cafe. I will again bifurcate it into core and non-core activities. The core activity is
dining in the cafe, and the non-core activity refers to the reading experience in the
library housed by the cafe. The dining experience can be further broken down into
pre-meal, during-meal and post-meal experiences. The same thing can also be done
with the non-core activity. It can be broken down into pre-reading, during-reading
and post-reading experiences. Can I go ahead with this structure? (illustrates struc-
ture)
Customer Experience
Dining Library
Thanks. So, deep diving into our core activity, the pre-meal experience would depend
on the availability of the customer preferences, cost of the food served by us, waiting
time for the table etc.; the during-meal experience will depend on the food quality,
service speed, staff behavior, and the overall ambience of the cafe like lighting, venti-
lation, aesthetics; while the post-meal experience will be influenced by the payment
options, availability of discounts or coupons and other such stuff. Am I missing
anything here? If not, then have there been any changes in the above three buckets in
the past few months?
Yes, I think you’ve covered all the aspects of the dining journey experience. For
your second question, there has not been any change in any of the segments that you
mentioned.
Interesting. So, I’ll move on to the customer experience for the non-core activity,
which is that of reading. Pre-reading experience can include easy access to the
library, availability of preferred books if they are properly arranged according to
genres etc. The during-reading experience can refer to the overall comfort of the
reading space, like if there is proper lighting and ventilation; if there has been any
change in library rules that might’ve been causing discomfort among the customers,
like they are now not allowed to bring food with them to the library or other stuff
46 Chapter 4. Cases: Profitability
like that. Post-reading experience can refer to the payment options, book issuance
availability, staff behavior, etc. Has there been any such change in the above-stated
segments? If yes, then have you observed the tendencies of any of your customer
segments?
Well, a few months ago, we relocated the library to the back, which isn’t adequately
ventilated and dimmed the light bulbs there, and since then, we have observed a
steady decrease in the number of local customers coming to our cafe.
Makes sense. Local customers must’ve preferred your cafe for its ambient read-
ing space, but it must have been affected by the relocation in the back, which isn’t
properly ventilated and the dimming of lights. So, now your cafe is attracting fewer
local crowds, which has led to a decrease in the number of orders received by your
cafe as that crowd also used to order snacks while reading in the library. Should I
move on to the non-core revenue stream? But I’ve covered them through the customer
journey and non-core activity experience analysis.
Yes, you are right about your hypothesis, and you need not go ahead with the non-
core revenue stream. You may go ahead with your recommendations now.
Recommendations
Vashi’s Note: The best way to solve unconventional cases is to focus on how you can
make the structure of your problem statement MECE. If you are good with structuring,
these cases are your best friend, but they can be scary if you have a robotic approach to
case solving. There are many ways to structure an unconventional problem, so make sure
to let your interviewer friend know to take it easy on you :)
Preliminary Questions
1. Do we have any time frame or semester and a number on how many students have
started skipping classes ?
It has been happening gradually for a long time, and we do not have any number.
2. Have we seen any correlation between the time of the day and attendance?
Yes, this trend has mainly been observed for the morning classes
3. Is this issue localized to any particular department? Like Chemical, Civil, Mechani-
cal, Electrical Engineering, etc.? Or maybe observed in a particular batch? Y19/20
etc.?
Nothing as such.
4. Do we have any data on how the Under-Graduates and Post-Graduates are doing
regarding attendance?
There has been a drop for both segments, but much more significantly, it has been
48 Chapter 5. Cases: Unconventional
(illustrates structure)
Decline in attendance
Inherent Workload/other
Accessibility Experience Incentive
interest commitment
Yes, the PGs have been complaining of an increased workload. Can you give me one
reason you think this has happened?
TAs check the exam and quiz answer papers, assignments and lab reports of the
UG students and take their tutorials, which is one of the primary reasons for their
workload. As the ratio of PGs to UGs has decreased, they have to spend more time
checking assignments and papers during the night. This could be one reason for
their increased workload.
Let’s assume this is the only reason. Can you give me a few recommendations
on how to work around this?
Recommendations
1. I suggest we could, for the time being, advise professors to have objective-type
computer-checked papers (short term)
2. From the next semester, we could also shift the PG classes down the timetable by
1/1.5hrs (short term)
3. We could develop our infrastructure and increase the number of seats to an optimum
level (long term)
5.2 Case 2 (Attendance Apathy 2, BCG) 49
Question: You are consulting the Dean of Student Affairs at IIT Kanpur, and they say
that attendance is going down across all courses. What do you recommend we do?
Preliminary Questions
1. From when have we been facing this decline? Do we have a number on it?
3 months
2. Have we seen any correlation between the time of the day and attendance?
No, the decline is throughout the day
3. Are we facing this problem in any particular department? Like Chemical, Civil,
Mechanical, Electrical Engineering, etc.? Or maybe in a particular batch? Y19/20,
etc., or particular courses?
The decline seems to be overall categories.
4. Has there been a decline in attendance for the UG batch, PG batch or both?
For both of them.
6. Is this the odd semester, the even semester, or the summer semester?
Odd semester.
Let me try to understand it from the student’s point of view. Value can be Inherent
and Derieved (Incentive Structure).
(illustrates structure)
Yes, there might be accessibility issues.
Are the classrooms all fine, and are the roads all okay?
Nope, this does not seem to be an issue.
Okay, so all students are able to reach the class, let’s analyze the experience of the
class, maybe that is the problem
None of this seems to be an issue.
Okay, let’s take a look at if the process of taking attendance has been affected
Yes, we have been hearing complaints from students recently that attendance was
taken only in the first 5 minutes of the class and that time was insufficient for every-
one to get marked present. This decision was taken to avoid students coming in late
but getting marked present. Can you give recommendations?
50 Chapter 5. Cases: Unconventional
Accessibility to Classrooms
Recommendations
Preliminary Questions
1. I’m unfamiliar with the word attrition. Could you explain it?
Attrition here is the departure of employees from the organization.
2. Can you tell me more about our business and the IT services we offer?
We work in the backend IT services. You can assume us to be like Infosys or TCS, etc.
3. Is there a particular vertical of business whose employees are facing this issue? for
example, HR or Sales, etc.?
There are some differences but none to draw any inference, assuming all of them
face this issue.
5. What’s the size of the company, and where do you operate from?
We are a mid-sized company. We have our headquarters in New York and operate
worldwide, and we have a fine position in the market, no issues with that.
Okay, I want to start by understanding the most common reasons for Employee
Attrition. (illustrates structure)
Employee Attrition Monetary Compensation Work that employee is doing Quality of Life Growth and Learning
The workload is fine, and the quality of life does not seem to be an issue. We have a
fairly supportive management, and folks are usually promoted every 1 or 2 years.
How about growth and learning, including higher education status, etc., funding
employee’s grad school?
Our competitors have started these bonds in the last 3 years that support the plans
of employees to get higher education, and we have not jumped onto that model yet.
Can you give some recommendations on how we could fix this?
Recommendations
1. You could develop your own policy like the competitors and retain young employees
(short term)
2. You could develop a policy that allows employees to work on an online degree (short
term)
3. Give them an opportunity to work from an overseas office (mid term)
52 Chapter 5. Cases: Unconventional
1. When do they come to the office and how late are they coming in and from when?
They are supposed to arrive by 10 AM but he is usually 10-15 minutes late. This has
been happening every day for the last 5 months.
2. Could you give me some personal background? Is he married? Does he have kids?
Yes, so he is married and has 2 school-going children.
Okay, let’s analyze his morning and figure out the problem. (illustrates structure)
Okay, let me take a moment to map out where time could be spent more from when
he starts his car to when he stops his car. (illustrates structure)
The issue is with the average speed.
Distance
Avg. speed
Pickup issue
I’m trying to understand if this is for him self or other passengers. Is there anyone
else travelling with him?
No.
Has he recently heard of an accident that has affected him to drive slowly or maybe
he has started to prefer driving slowly because of back pain that he experiences due
to driving fast?
Yes, so his eyesight has weakened over the past few months, and he has not realized
that it has made him a more cautious and slow driver.
Recommendations
1. We could ask him to leave home slightly early so as to make it on time (short term)
2. Provide flexible work timings preferably when there is lower traffic (short term)
3. Help him find an alternate route that is easier to drive on (mid term)
54 Chapter 5. Cases: Unconventional
Question: Your friend says he is spending more money on average this semester and
can’t figure out why, can you help him? (This is an advanced case which will force you
to think out of the box and try to distract you by making you jump to conclusions)
Preliminary Questions
2. By how much are you spending more? and how much did you spend in a day last
semester?
About 10 Rs daily, and 150 Rs on average.
5. Is it safe, to rule out that pocket money is used for investing or lending to a friend
and they pay you back the next month etc?
Yes, I only use it for the canteen, to buy clothes or to go out of campus sometimes.
Okay, let’s take an average working day and figure out your daily expenses. Then we
could move to weekends. (illustrates structure)
Sure.
Can you break down your day? From waking up to going to sleep?
Can you help me with that? I’m not sure what you mean. (guides according to the
structure)
The extra expenses are localized to the three canteen breaks. So has the frequency of
using these breaks increased or have you been spending more on average each time
5.5 Case 5 (Pocket-Money Problems, ICG*) 55
Expenses
Low Frequency, High Low Frequency, Low High Frequency, High High Frequency, Low
Ticket Size Ticket Size Ticket Size Ticket Size
Eat Outs
'Analyse a Day'
(Weekday)
Shopping
Miscellaneous
That adds up to the extra 10-15 Rs you have been accounting for.
Oh, Right! What do you think I should do to save some money?
Recommendations
1. You can carry a water bottle handy and keep yourself hydrated so that the frequency
you visit the canteen will be lower.
2. To plug the high frequency-low ticket expenses, you can buy the lower cost product,
maybe the Rs 10 small juice box.
3. To save the low frequency-high ticket costs, you can buy only the most essential items
or fewer items while shopping.
Thank You & All The Best
~ Team ICG