McKinsey Solve's New Game (2023 update) - Redrock Research (with footage)

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MConsultingPrep Official Channel

MConsultingPrep Official Channel

Күн бұрын

#McKinseySolveGame #Redrock
This video explains the Redrock Study Task (2023 version) of the McKinsey Solve test (also known as the Problem Solving Game) in terms of it interface, functions, and test contents.
The mock test in the video is reconstructed using MConsultingPrep's "McKinsey Solve Simulation", it is not a real footage of the McKinsey Solve test.
Time Stamps:
0:00 - Intro
0:07 - Training
1:02 - Part 1: Study
5:27 - Part 2: Cases
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Overview of the 2022 McKinsey Solve (up-to-date for 2024 Ecosystem Building), highly recommended:
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Пікірлер: 18
@MConsultingPrep
@MConsultingPrep 4 ай бұрын
Check out our 2024 updated McKinsey SOLVE screening test here: kzfaq.info/love/Go4-qWsTYnGKhXeghZE6hA
@MConsultingPrep
@MConsultingPrep 8 ай бұрын
Learn more insights about Redrock Study and McKinsey Solve Game in our community: mconsultingprep.com/community/
@kabirreddy5189
@kabirreddy5189 10 ай бұрын
How is your answer on part 1 correct? At 2:19 you can see initiatives, and it says that they increase stage 3 conversion rates by 25% but instead you just multiply client number by 1.25 for that initiative for all. How does this make sense? Wouldn't it be correct to say 40/160 is 25% conversion and so increased by 25% means 50% conversion rate now and so we do 50% of 160*1.25 for KZfaq (bc of increasing stage 0 leads by 25%) and then get final answer of 100 clients for KZfaq? I'm confused why your answer was marked as green at the end when it's wrong.
@ryanpadala4525
@ryanpadala4525 10 ай бұрын
It's not wrong. Conversion rate increases by 25% so it is 25% more than the original 25, so 31.25%. You are not adding 25%. That would mean that if it increases by 100% you would have a 125% yield which is not possible.
@vhulksantos
@vhulksantos 5 ай бұрын
For me stage 3 conversion rate is 160/600 which is 26,67%. So an increase of 25% is 51,67% which would give 310.. Now, since initiative B gave us an extra 25% right from the start we then multiply it by 1,25, obtaining a total of 310 stage3 leads. Then we maintain the 25% conversion rate from clients and we obtain 96,875..........
@sabeehar2370
@sabeehar2370 7 ай бұрын
Hello there, can I know why at 2:46, it was multiplied by 1.25 and not 0.25? I understood everything except for that 😅 Thank you for the video 😊
@MConsultingPrep
@MConsultingPrep 7 ай бұрын
Initiative A mentions that hiring an expert would increase the conversion rate by 25%, therefore, we have a formula like this: Number of clients after implementing the initiative = 40 + (40*0.25) = 40 * (1+0.25) = 40 * 1.25 Hope this helps!
@merlinsaha9232
@merlinsaha9232 3 ай бұрын
Well I just thought it was 125% of 40
@Lucifer-kw6ry
@Lucifer-kw6ry 11 ай бұрын
Quick question, at 3:12 when the Q is to calculate monthly Nr of clients for each channel after initiatives have succeeded. Shouldn't we have to discard initiative B since it says " conversion rates are not affected" ?? so no actual clients conversion from it
@MConsultingPrep
@MConsultingPrep 11 ай бұрын
Hi there, In the initiative B, "conversion rates are not affected" means that the conversion rates from each stage to another do not change, not that we cannot convert any clients. Moreover, the reason why we should not discard initiative B is because initiative B results in an increase of number of leads in Stage 0, which will result in an increase of clients if conversion rates are not affected. Hope this helps!
@Lucifer-kw6ry
@Lucifer-kw6ry 11 ай бұрын
@@MConsultingPrep it does , thank you so much
@AnkitVats-mc9on
@AnkitVats-mc9on Ай бұрын
Answers to the first question after all initiatives were successful for Facebook, YT, Google resp. : 40, 30, 28. Correct me if I a wrong.
@lavenderdreams4658
@lavenderdreams4658 8 ай бұрын
i just dont understand why did you multiply by 1.25 instead of 0.25?
@MConsultingPrep
@MConsultingPrep 7 ай бұрын
Initiative A mentions that hiring an expert would increase the conversion rate by 25%, therefore, we have a formula like this: Number of clients after implementing the initiative = 40 + (40*0.25) = 40 * (1+0.25) = 40 * 1.25 Hope this helps!
@nvmine
@nvmine 9 ай бұрын
Will all applicants receive the same game?
@MConsultingPrep
@MConsultingPrep 8 ай бұрын
No, it will depend on many factors like your location, time of taking the test, etc
@CimolOk-nz5yj
@CimolOk-nz5yj 7 ай бұрын
🎯 Key Takeaways for quick navigation: 00:00 🌍 *Introduction and Background Music* - Introduction to the video with background music. 02:30 🎵 *Continuation of Music* - Ongoing background music without spoken content. 04:58 🎶 *Extended Music Sequence* - Extended period of background music, indicating a transitional or contemplative phase in the video. 07:40 🎼 *Conclusion of Musical Segment* - Conclusion or change in the background music, possibly signaling a transition to a different section of the video. Made with HARPA AI
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