TAG | porter’s five forces
Note: By frameworks we mean memorized ways of addressing specific business scenarios.
Many casebooks will often include a ton of frameworks to memorize for the case interview, whether it’s “Top 12 Business Scenarios,” the 7 Q’s, the 5 D’s, etc. I think that these frameworks might be useful to read (especially if you have no business experience whatsoever), but at the end of the day, trying to do crack the case by memorizing a set of frameworks is wrong for several reasons:
1) It may misguide you
When you memorize a lot of frameworks, it is easy to become myopic and even overconfident. (more…)