Guidehouse Mock Interview
Master 30 Guidehouse interview questions covering consulting cases, public sector expertise, and client delivery.
Question 14 of 30
What steps do you take when researching a new market or industry?
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Rachelle Enns is an interview coach and job search expert. She works with candidates to perform their best in employment, medical, and post-secondary admission interviews.
A successful management consultant will have excellent research skills. When laying down the groundwork for a successful project, this is where the work should always begin. As you likely know, cutting corners will result in a sub-par result. Take the interviewer through your process when researching a market or industry with which you may not be overly familiar.
Rachelle Enns is an interview coach and job search expert. She works with candidates to perform their best in employment, medical, and post-secondary admission interviews.
"When I take on a project within a new market or industry, I will find someone in my network that I know, trust, and admire, and ask for 30 minutes of their time. Essentially, I want to interview a subject matter expert. I will uncover their best resources, and research thoroughly from there."
Rachelle Enns is an interview coach and job search expert. She works with candidates to perform their best in employment, medical, and post-secondary admission interviews.
"I have strong research skills and a three-step process when it comes to learning about a new market or industry. First, I find what I can from reputable online resources. Next, I create a list of questions that need answering. Third, I source and subject matter expert from my network whom I can ask these questions. It's important to use a wide variety of reputable sources when conducting research, and collecting findings."
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Anonymous Answer
I would first utilize the internet and research the new market or industry. I would then talk with my team members and/or superiors and ask if they could educate me on the basics of this new industry. It is important to utilize all of my available resources.
Amanda's Feedback
Using all available resources is important to fully understand a new market or industry. You can ensure that this answer illustrates your expertise and skills by talking about the kind of research you complete. For example, do you review the industry's key players, general market or industry dynamics/trends, or user/employee demographics to create a comprehensive picture?
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