Nice work from the candidate! But I do wonder if he hasn't gone through the case beforehand. Also if he can read the material on his screen. From what I'm seeing here he looked at the screen to find the number during the numeracy part. Also, it seems like he went directly talking about the chart without any time to read the content. It feels a bit unrealistically fast if he has never read about the case content.
Its not the numbers themselves that are intimidating but the agility with which one has to process, interpret and tie back to the larger picture. Nice case though.
Several mistakes here. 1. Incremental margin of new business cannot be compared to existing margin, this is extra money you will be making. 2. You cannot take passenger data and translate that into rentals since in this case because rentals are avg 3 days. This means that a incremental vehicle rental will only be rentable once a week, since business traveler usually rents Monday to Thursday.
Yatharth is fantastic! His experience working as a Consultant at BCG really shines through in this interview. You can book a 1-on-1 coaching session with him here: www.rocketblocks.me/contributors/yatharth-sharma.php
One thing that was not accounted for what the drop in share, from someone else taking the market. Would account for around 2% of share in the business class.
16:12 He is saying that it's a full 25% up. While, may be I am wrong, the rental company is 25% share now, which was 20% earlier. So the uplift is only of 5%?
No it is not a 5% change but a 5 percentage point increase. The change from 20% market share to 25% market share is a 25% increase. Percentage points changes are not the same as percentage changes.
Love the structure but we can just price into the business class ticket so then those the b class cusyomers of the airline will directly become our passengers as they know a rental service is included in the fare and the qont take a uber or hertz etc
Nice work from the candidate! But I do wonder if he hasn't gone through the case beforehand. Also if he can read the material on his screen. From what I'm seeing here he looked at the screen to find the number during the numeracy part. Also, it seems like he went directly talking about the chart without any time to read the content. It feels a bit unrealistically fast if he has never read about the case content.
Its not the numbers themselves that are intimidating but the agility with which one has to process, interpret and tie back to the larger picture. Nice case though.
Several mistakes here. 1. Incremental margin of new business cannot be compared to existing margin, this is extra money you will be making. 2. You cannot take passenger data and translate that into rentals since in this case because rentals are avg 3 days. This means that a incremental vehicle rental will only be rentable once a week, since business traveler usually rents Monday to Thursday.
The interviewee is amazing dang!!
Yatharth is fantastic! His experience working as a Consultant at BCG really shines through in this interview.
You can book a 1-on-1 coaching session with him here: www.rocketblocks.me/contributors/yatharth-sharma.php
Ah, an experienced consultant, I feel better now 😂
One thing that was not accounted for what the drop in share, from someone else taking the market. Would account for around 2% of share in the business class.
16:12 He is saying that it's a full 25% up. While, may be I am wrong, the rental company is 25% share now, which was 20% earlier. So the uplift is only of 5%?
No it is not a 5% change but a 5 percentage point increase. The change from 20% market share to 25% market share is a 25% increase. Percentage points changes are not the same as percentage changes.
Love the structure but we can just price into the business class ticket so then those the b class cusyomers of the airline will directly become our passengers as they know a rental service is included in the fare and the qont take a uber or hertz etc
To offset the 5% reduction in margin, perhaps the current employees can rotate in functions versus hiring new employees.
Incredible!!
Shout out to the interviwee... I enjoyed watching this
That was difficult :)