Loms Read This First PDF
Loms Read This First PDF
“Look” Over My Shoulder
Read This First
Hi there, it’s Victor Cheng here and I wanted to give you a few suggestions on how to
get the most out of my Look Over My Shoulder Case Interview Training Program.
To start, I want to mention that while this program includes a lot of “how to”
information regarding how to do well in case interviews, it is really intended as a training
program to help you build good case interview habits. The kind of habits that result in
getting consulting offers.
The difference between participating in the final round interview versus participating
in the final round interview and getting an offer is quite small. The difference in
performance between candidates is typically less than 20%‐‐in some cases less than 10%.
With this in mind, let elaborate on how I created this program and how I recommend
you use it.
There are 3 ways to learn something:
1. Learn by listening
2. Learn by observing
3. Learn by doing
To get really good at cases, it’s useful to learn and practice using all three methods.
You learn the concepts by listening (e.g., lecture, presentation). You appreciate the
behaviors by observing. You hone the skills by doing.
The “Look Over My Shoulder” program sits between learning by observing and
learning by doing – provided you use it in a particular way.
The most obvious way to go through the program is as a passive observer. This is NOT
the recommended approach.
This would typically involve playing the audios (or reading the transcripts) and listen
to my commentary – much like you might watch a DVD movie with the director’s
commentary sound track turned on.
While this is useful and you will learn a lot about what to do / not do in a case
interview, I think there’s a different approach that will be significantly more useful to you.
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The alternative approach that I suggest is to be actively engaged in looking for the
errors and good habits each candidate is demonstrating as they are demonstrating it.
Here is how to do this.
First, listen to the audio version of the program. It’s fine to follow along in the
transcripts BUT resist the temptation to read at a rate faster than the candidate is speaking.
Second, you will quickly notice that before I make a comment about the candidate’s
performance, you will hear a very distinctive audio signal – indicating that we are taking a
break from the live interview for me to comment on something specific the candidate just
did.
When you hear that audio signal I recommend that you hit the <pause> button on
your mp3 player and try to figure out what the candidate did in the last 30 seconds that
was either a mistake, or an example of a good habit.
The reason I suggest you pause the recording and go through the recording in a stop
and go fashion is it forces your brain to THINK (rather than just observe) about the case.
You want to ask yourself questions like:
• Did the candidate make a mistake?
• If she did, what was the specific mistake?
• If it was a mistake, how would I have done it differently?
• If it was a good habit, why was it a good habit?
Third, for those situations where the candidate made a mistake that you did NOT
notice, in all likelihood it means you would have likely made a similar mistake in a real live
interview.
It is important to take note of these moments… say to yourself, “Crap… what the heck
did I miss?” And then listen very carefully to my commentary and explanation.
After you hear my explanation, I encourage you to rewind the recording and see if
you can now HEAR the mistake now that I’ve explained what to look for. Once you have
clearly hear the mistake, then refer to the transcript and re‐read the section where the
mistake and SEE the mistake and how it is made.
Then, (very important), I encourage you to say out loud what the candidate should
have said instead based upon your new found understanding of the situation. While there is
value in replaying silently in your head how you would have done the case instead, your
skills will get much better, much faster if you say it out loud.
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I know this sounds a little crazy, but it really works. The action of speaking out loud is
a form of “doing” that reinforces a particular habit. The act of doing stimulates a different
part of the brain, the part of the brain that will be called upon when under the pressure of a
real interview.
If you only practice silently in your head, your performance under the stress of a real
interview will not be as good period. I strongly recommend you practice out loud with
this program. You will get more offers if you do.
Here's why.
Mastering the case interview process requires developing a new way of thinking and a
new way of communicating (to CEO level clients). What I've come to discover is that how
you speak reflects how you think.
In other words, its impossible to SPEAK clearly while thinking unclearly. How you
speak reflects how you think. How you think reflects how you speak. The two are very
much related. If you become an exceptionally strong case interview COMMUNICATOR, I
promise you it's impossible to do so without also becoming a strong case interview
THINKER.
Practice the SPECIFIC PHRASING used in the best practice case interview examples,
and do it OUT LOUD. After each case, try synthesizing or closing out the case yourself (out
loud).
See if you get it perfect. If not, do it again. Record yourself. Analyze it. Do it Again. Get
it perfect. Trust me on this.
Now you made be wondering why I suggest re‐listening to the audio and then re‐
reading the transcripts, and then saying the correct approach out loud – isn’t that
extremely redundant? Actually, no it is not.
Here’s why.
Auditory knowledge is stored in one part of the brain. Visual knowledge is stored in a
different area. And as you might expect, experiential knowledge (learning by doing) is
stored in yet a 3rd part of the brain.
To accelerate the development of good habits and reduce your practice time, the most
effective to learn a particular skill is learning by sight, sound, and experience. The
interconnections between visual, audio, and experiential memory make it much more like
that in a pressure situation, like a real case interview, you would automatically use these
habits.
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Now, lets circle back to the “oh crap” moment when you perhaps were not able to spot
the mistake the candidate made. Consider yourself lucky that you had your “oh crap”
moment during this training program and NOT during an actual interview.
Trust me, I had many “oh crap” moments when I went through the interview –
fortunately all of them were BEFORE my real case interviews began.
Basically, its my firm belief that it is impossible to get good at case interviews without
having a certain number of “oh crap” moments when you realized you made a mistake. The
precise number of mistakes one needs to make before the good habits get solidified will
vary from person‐to‐person.
With this program, you will hear my voice over commentary nearly 300 times. You
will have plenty of "uh oh" moments when there is absolutely no consequence to making a
potential mistake. So if you need to make 30 mistakes before you get rid of the bad habits,
this program allows you get through those attempts.
It is certainly easier than trying to find someone to give you 30 different mock case
interviews. That either gets absurdly expensive ($7,000) to hire a coach for that much
practice, or you need to find 30 friends willing to give you 30 mock interviews. That’s a lot
of favors you’re going to have to owe someone assuming you even know someone who is
qualified to do this for you.
I designed this program for the express purpose of getting rid of those bad habits
without having to “waste” any real‐life practice opportunities fixing mistakes that are easy
to fix in a self‐study situation like this one.
It is precisely these “ah crap… I missed that one…” moments that this program is
designed to engineer out of your habits.
Do not worry if you do not catch many mistakes (or even any mistakes) in the
beginning of the program. There are hundreds of opportunities to try again!
You WILL eventually notice the mistakes and be able to anticipate my commentary.
Like I’ve mentioned before, with enough practice you will find the mistakes are entirely
predictable.
You will also notice how many candidates make similar mistakes but in their own
style. You will be able to see through the style differences and notice the actual habit—good
or bad. By actively engaging, putting yourself in the “hot seat” and forcing yourself to “think
on your feet” on hundreds of different occasions, you will very quickly “internalize” these
skills – turning your case interview knowledge into case interview habits.
Before I wrap up, let me finish by pointing out something very important about this
program. If you are somewhat advanced in your case interview skills and you rush through
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the program (ignoring all my advice above) looking for that new “secret mistake” to avoid,
you may be disappointed.
At first glance, you might even be tempted to say that there’s no new information in
this program. And if your knowledge is extremely advanced, this is a possibility. However,
the important thing to remember is this program is NOT primarily a “How To”
educational program.
Instead, this program is designed to build your habits – even if intellectually you
already “know” what you’re supposed to do.
Here’s why.
When you look at all the people who make it to the final round that did not get the
offer, All 100% of them, without exception, possessed the knowledge of what to do in a case
interview – but they did not actually do it under pressure.
In short, knowledge without the habit does not get you the offer. This program is all
about building the habits that lead to consistent case interview performance. It is that
consistency that gets you offers.
And that developing that consistency in your habits is the goal of this program. With
that in mind, lets get started.
Case Example Overviews
There are 8 cases included in this program.
• Cases 1 5 were given in the candidateled interview format used by most
consulting firms. (Case 1 is the easiest case. Case 5 is the hardest)
• Cases 6 8 were given in the interviewerled format used by McKinsey.
(All 3 cases are of similar difficulty level. All cases include handouts for
exhibits. All cases require extensive math computations. I recommend listening
to these cases with paper and pen handy.)
For each case, you will hear 1 to 4 different candidates and how they approached the
interview. Typically the first candidate for a given case was the worst performer, the last
candidate the strongest.
If you are in a rush for time (say only 1 ‐ 2 days to prepare), I recommend jumping to
the LAST candidate for each case. This is the best practice example and will give you a role
model to emulate in your cases.
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If you have more time (at least a week), then I recommend going through all the cases
and all the candidates. By hearing the difference between how poor, average, good, and
exceptional candidates perform, you will developed a more nuanced and sophisticated
understanding of exceptional case interview performance.
Note ‐ Despite interviewing over 30 candidates for the preparation of this program
(not all were included in the final edits); there were many cases that I gave where nobody
gave an exceptional answer.
For those cases, I ended up interviewing myself. So if you hear me acting as both the
candidate and interviewer, you'll know why. I should also point out that several of the
people who did not deliver an exceptional performance in these recordings, did in fact get
offers from McKinsey and Bain.
One note, case 4 and 5 turned out to be extremely difficult for the candidates I
interviewed. In fact, out of 15 people I interviewed, nobody got case #4 and #5 right. So I
actually had to “interview” myself for those cases to get a good example of a best practice
approach.
It is interesting to note that of the people I interviewed that did not get my toughest
cases right, several weeks after I interviewed them they got offers from McKinsey and Bain.
I’d like to think that feedback I gave them on those cases that you will soon be able to hear
for yourself, contributed to them ultimately getting those offers.
One final note, amongst the success story field reports I get from users of this
program, the consistent theme seems to be using this program in its entirety 5 times. That
works out to 90 hours of repetition and reinforcement. After the first time through, most
people just play these audio recordings while driving, walking, or exercising. I've even have
people who listen to the audios while on plane flights to final round (and ended up with an
offer I might add).
On that note, let’s go ahead and get started.
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