Saturday, February 28, 2009

Analyzing Case-Studies

Now that you are aware of concept of case studies, let’s get down to analyzing the problem. While discussing the problem make sure to understand the basic problem and the symptoms associated with it. Both are two different things. You need to separate the said problem from its symptoms. Like, in the example of FMCG player, the actual problem could be that the competitors are offering better products and you having secured the largest chunk of the market did not come up with new offerings. Secondly your employees may have been looking for better work environment and pay package that you failed to realize.

One thing that needs to be kept in mind is whenever you discuss case studies and offer solutions; don’t just stick to one solution. Always come up with alternative solutions. That will show you totally understood the crux of the subject matter and willing to demonstrate every side of each alternative solution. In other words, that will show you are willing to look at all the aspects and think from every possible angle and that’s so vital in business world. You need to present your best foot forward. When you present the alternative solutions also remember to analyze pros and cons associated with each one of the solutions. While trying to come up with the final course of action, you must present the step by step approach. There is no quick fix problem in business world. Everything takes time and proper planning. So present a convincing plan and the necessary steps. Once you are able to do all the above said things, you are come up trumps.

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