Watch this video and more on StrategyTraining by Kris Safarova
Alice selects the correct bill denomination for earliest replacement, but for the wrong reason. She is focusing on the circulation value of the currency, which misleads her.
In this insightful scene, Kevin analyzes the problem using cost-volume-profit analyses, economic principles and consumer segment analyses.
Kevin teaches Alice the importance of stepping back to look at the big picture, by explaining why the solution to the case would have led to a sharp rise in counterfeiting.
Kevin discusses the case and pinpoints a common weakness of candidates: they are too logical at the expense of applying business judgment to generate insights.