Work on any case study is a largely creative process. Plus, in every team, your work style and approach to accomplishing tasks are built in different ways. Nevertheless, years of practice and examples of the brightest victories of the past allow us to formulate several universal tips and highlight the key points that should be taken into account for each team that dreams of succeeding.
Everything is quite complicated and at the same time simple. It is difficult, because you need to put everything out completely – both intellectually and physically. Simply, because, in fact, on the way to victory you need to do only three things: to assemble an ideal team, to solve the case qualitatively and to present your decision perfectly.
Recommendations on planning the work of solving a case study
In order to present an exhaustive solution to the case, the team usually has a week. According to the good old student tradition, many teams postpone work on the case for the last few days or even hours. Do not repeat their mistakes! The victory, grades and respect of the teacher are usually received by those who reasonably distributed their strength and engaged in solving a case study from the first day.
We recommend that you plan the case solution as follows:
- Day 1-2. Thoughtfully read the text, trying to understand what, in fact, they want from you. You need to read really carefully, in silence and with a marker in your hand. Highlight key goals, formulate tasks. If you think it is necessary, look for additional information on the subject of the case, and then try to put forward a preliminary hypothesis. Do not forget to devote time to organizational issues: outline the decision structure and methodology of analysis, distribute responsibilities among team members.
- Days 3-4. Work in parallel, accumulating and gradually analyzing information. The ready parts of the solution are better to be made into slides at once and sent to the team member who is making up the final presentation.
- Days 5-6. Connect all the disparate parts together, make a clear decision, draw conclusions and structure everything that you have in the end.
- Day 7. During the day, work on the structure of the presentation, complete it, check and double-check the key data. Be sure to spend the day before presentation together with a team. This is not only useful for business, but also fun. Do not forget to arrange a rehearsal of your presentation.
Like a consultant: try an approach with hypotheses
Starting to think over the case, try out the method used by strategic consultants in their work. First of all, they structure the field of activity: define the boundaries of the project, divide it into components. When the information is collected and properly organized, the consultant puts forward a hypothesis, to confirm which he collects the necessary facts. All data is generated in a logical tree.
Having made certain conclusions within the framework of his hypothesis, the consultant offers some alternatives. Among them, one is selected, with the help of which the task posed in the case can be solved. If none of the alternatives is suitable, you need to test another hypothesis.
Use the method of consultants when you need to have certain experience. At first, because of inexperience, you can miss a lot of things and make a big mistake. But you need to practice because the method of hypotheses significantly speeds up the process of solving a business problem, thus solving a case study.