Cynthia Phillips, Msc, Phd
Autor: Sara17 • September 25, 2018 • 1,013 Words (5 Pages) • 475 Views
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6. Study the facts as you have sorted them out, weighing both the
qualitative and quantitative evidence. Note your conclusions for each
analytical area identified in 4 above.
7. Review your conclusions. Then formulate a set of recommendations
directed at the problems you’ve identified and that are supported by
your analysis of the case data.
8. Select a course of action from the analysis. Consider plausible
alternative courses because of the analysis. Develop a plan by which
the desired action may be achieved within the company.
THE PROBLEM STATEMENT
Developing a problem statement is the most important part of the analytical
process. Problems are usually indicated in the opening and closing paragraphs
of the case. You may also find pieces of the problem scattered throughout the
case, explicitly stated and often implicit, as well.
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Sometimes there is an overriding problem and several sub-problems. The
manager in the case may be focused on the latter without seeing the broader
problem. For example, the manager may be asking, “What should be our
advertising strategy?” That might be the tip of the iceberg, and the more
fundamental problem might be, “What should be our target market, and how
do we develop an overall strategy for reaching it?” Or the problem might be a
lack of communication among product managers, market managers, the
advertising department, and the ad agency. It then becomes possible, then, to
deal with the specific question regarding advertising strategy within the
framework of the broader question.
The scope of the problem should not be unrealistically and unmanageably
broad. For example, it is tempting sometimes to raise the broad question:
“Should we really be in this business at all—or in some other?” Much of the time,
however, the manager in the case isn’t in a position to redirect the company’s
business. Moreover, the case may not provide sufficient data to deal
meaningfully with such a broad problem. In the problem definition it becomes
important to take account of the scope of control and authority that the
manager in the case has. Thus, problems should be defined in a way that:
• name the immediate problems
• put these problems in the context of the broader picture
• deal with these problems from the perspective of an individual manager,
recognizing his or her responsibilities and scope of authority, as well as the
limitations associated with that position.
SUPPORTING FACTS
Facts in the case may be gathered to help you understand each problem area
and to assemble meaningful observations and draw meaningful conclusions.
These may, in turn, provide the basis for answering the questions that have been
laid out.
THE SOLUTION
A good answer has these qualities:
• it deals explicitly with the specific problems posed in the case and
within the context of the broader issues
• it is well supported by sound analysis and arguments that recognize
the pros and cons of taking any recommended course of action
• it includes ideas for implementation.
A typical question at the end of a case discussion is “What is the answer?”
Remember, business is not an exact science. There is no single, demonstrably
right answer to a case problem. In every situation, there is always a possibility
that the best answer has not yet been found.
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