As business graduates prepare for their graduation, they also prepare for their placement. Most of them seek a position at a top tier consulting firm that is very selective. Besides good grades and academic achievements, these firms conduct “case-interviews” to anticipate the candidate’s analyzing ability. As much as being the method adhered by most corporate companies for many years, it does not prove a factual correlation between acing these case interviews and the ability to analyze real-life cases flawlessly.
CURRENT CONSULTING FIRMS HIRING PROCESS
Students, before having this interview spend long hours, days, and nights preparing and reading about people’s experiences, which adds undue stress and pressure. When the day finally comes, “heart pounding and sweating nervously, one look at the interviewer and my future life goes to a cliff.” According to the graduates who have undergone this exercise, they feel their time maybe have been better utilized elsewhere. Most of these companies usually look for a specific niche or character, where analytical prowess may come in second. Consulting is a people’s business, and the only way to satisfy a six-figure paying client is to “woo” them with outstanding presentation and interpersonal skills. This provides hope to clients even if the end result is not as outstanding as expected.
CURRENT CONSULTANT’S “WASTE OF ENERGY”
Most consultants who are unsuccessful after the interview move on to evaluate where they went wrong and connecting with the others. After a long period of post evaluation, most of them come to the conclusion that they were “discriminated”. Big firms’ clients usually want a specific type of characters roaming their lands and consulting them, where preferences differ from one to the other. According to Atta Tarki, the founder and CEO of ECA, and Tino Sanandaji, a researcher at the Stockholm School of Economics, case interviews are an “enormous waste of energy” that will only lead to a biased decision in identifying top-class consultants.
TRANSITION TO TOMORROW’S CONSULTING
Allocating time efficiently, the only way to honestly evaluate an individual’s analytical skills is through real-life examination. When someone is put under large amounts of pressure and stress, creativity decreases with boxed-in analysis with one thing in mind, not to fail. However, when someone is given space and time to thoroughly and comfortably analyze, they have one thing in mind, to win ultimately. They produce creative results with possible out of the box approaches. The reasons being having enough time to observe, hypothesize, analyze, examine, justify, conclude, and evaluate, without having their future life hanging in the balance based on their persona and “vibe”.
SOLUTION TO A FAULTY HIRING PROCESS: CASE EXAMINATION SYSTEM
When technology meets consulting, old-fashioned meets the system of tomorrow, stagnancy meets adaptability, creative results aspire. Meet the all-new methodology of tomorrow, the case examination system. It is the arena where a consultant’s skills are put under reality in providing effortful recommendations given the plethora of time for quantitative and qualitative analyses, and the motivation of learning with international talents and entities, being an independent consulting entity working for themselves and earning based on efficiency and effectiveness. Consultants are not the only winners in this scenario, but the companies as well, ensuring top quality results given their power of rating and evaluating the consultant’s work and recommendations. Has there ever been a contract where both parties are equally happy and winning?