In talking about case interview techniques, there's a lot of talk about drivers and finding the "key driver" in a consulting problem. Actually, drivers are both practical and functional points of a case interview problem that may be used in several methods, both in the case interview itself and well afterward when dealing with individual problems with clients. Understanding what a driver is, what a important driver is and why that is important are all terribly essential to success in a case interview and in a consulting career.
What is a Driver?
In formulating a hypothesis and using a framework or problem tree to prove it, the various branches of the tree or framework are known as drivers. These are the issues that stand out as most important to a specific scenario, company or client. Each driver generally represents a different aspect of the problem or scenario or perhaps a various hypothesis than the last one for the problem at hand.
The Key Driver
In a situation where the interviewer has asked to list several reasons for why Y is happening or will happen, utilizing a framework, the various ending branches are all drivers and are all different hypotheses. The important driver, then, is the most most likely hypothesis, and the most important aspect with the problem to be solved. With problems that do not end up with several hypotheses, the key driver is the portion with the client's issue that needs the most attention or that poses the greatest issue to the answer, and so on.
Why is this Important?
Identifying the key driver and utilizing it to your advantage in the consulting globe is very essential for several factors. During the case interview, it demonstrates towards the interviewer which you have the skill and intuition to list and find the key issue with a answer and use it to help you produce a presentable conclusion. This is very useful for a case interview. Nevertheless after the case interview it is arguably even more important to identify the important driver. In a job working with customers one-on-one, being able to pinpoint the important driver (important problem/solution) will save your client time and money, and in turn you've won yourself a repeat client. Using drivers and the key driver for the betterment of one's consulting skill will be the ultimate use of a book-taught method of issue solving, and a very intelligent venture.
What is a Driver?
In formulating a hypothesis and using a framework or problem tree to prove it, the various branches of the tree or framework are known as drivers. These are the issues that stand out as most important to a specific scenario, company or client. Each driver generally represents a different aspect of the problem or scenario or perhaps a various hypothesis than the last one for the problem at hand.
The Key Driver
In a situation where the interviewer has asked to list several reasons for why Y is happening or will happen, utilizing a framework, the various ending branches are all drivers and are all different hypotheses. The important driver, then, is the most most likely hypothesis, and the most important aspect with the problem to be solved. With problems that do not end up with several hypotheses, the key driver is the portion with the client's issue that needs the most attention or that poses the greatest issue to the answer, and so on.
Why is this Important?
Identifying the key driver and utilizing it to your advantage in the consulting globe is very essential for several factors. During the case interview, it demonstrates towards the interviewer which you have the skill and intuition to list and find the key issue with a answer and use it to help you produce a presentable conclusion. This is very useful for a case interview. Nevertheless after the case interview it is arguably even more important to identify the important driver. In a job working with customers one-on-one, being able to pinpoint the important driver (important problem/solution) will save your client time and money, and in turn you've won yourself a repeat client. Using drivers and the key driver for the betterment of one's consulting skill will be the ultimate use of a book-taught method of issue solving, and a very intelligent venture.
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