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How to solve business case
successfully
STEPS TO SOLVE BUSINESS CASE
 Identify the main problems of particular business
 Identify the symptoms of the problems
 Determine which problems can be solved
internally and which is out of control
 Remedial alternatives to solve those problems
 Set several viable options if first remedial action
fails then move on to the plan B
HOW TO SOLVE A BUSINESS CASE ?
OBJECTIVES
 To develop your competitive edge in Business
case competition.
 To Introduce with some popular & widely used
Business tools & techniques.
 To provide guidelines for long-term capacity
Building on case solving.
WHY DO YOU LEARN ABOUT IT ?
 To be competitive:
Job Market
Business Competition
WHAT IS BUSINESS CASE ?
 A Business case is a collection of facts and
data based on a real or hypothetical business
situation.
 Open Case
 Question based Case
STEPS IN BUSINESS CASE SOLVING
 Presentation of the facts surrounding the case.
 Identification of the key issues.
 Listing of alternative courses of action that could be
taken.
 Evaluation of alternative courses of action.
 Recommendation of the best course of action
PRESENTATION OF THE FACTS SURROUNDING
THE CASE
 underline crucial facts
 interpret figures and charts
 Organize the facts of the case
 prepare questions whose answers would be useful
in addressing the key issue
PROBLEM IDENTIFICATION
 New opportunities
 Changing environment
 Decline in competitive position
 Excess inventories.
LISTING OF ALTERNATIVE COURSES OF
ACTION
 Consider courses of action based on their suitability
to the firm and situation.
 take into account such factors as:
 the business category, goals, the customer, the overall
strategy, the product assortment, competition, legal
restrictions, economic trends, marketplace trends,
financial capabilities, personnel capabilities, and
sources of supply.
EVALUATION OF ALTERNATIVE
 Identify the constraints
 Apply cost & benefit analysis for each
 The ramifications and risks associated with each
 Viability of each alternative
POPULAR TOOLS FOR SOLVING CASE
 SWOT Analysis
 Cost-Benefit Analysis
 BGC Matrix
 Ensoff Matrix
 Poter’s 5 Factors
 Fish-bone Analysis
 Pos & Cons Analysis
MOST POPULAR & WIDELY USED TOOLS
 SWOT
 SWOT is an acronym for Strengths, Weaknesses,
Opportunities and Threats.
 What makes SWOT particularly powerful is that,
with a little thought, it can help you uncover
opportunities that you are well placed to exploit.
PRIMO-F
 People
 Resource
 Information
 Marketing
 Operations
 Financial
PESTEL
 Political
 Economical
 Social
 Technological
 Environmental
 Legal
STRATEGY …
External / Intenal Opportunities Threats
Strengths Attack
Strategy
Defense
Strategy
Weaknesses Adjustment
Strategy
Survival
Strategy
STRATEGIES …
 Build on your strengths
 Minimize your weaknesses
 Seize opportunities
 Counteract threats
LET US HAVE A DRILL …
CASE-PRESENTATION GUIDELINE
 Background of the case
 Diagnoses of facts & issues
 Key problem of the case
 Possible alternatives
 Evaluation of each alternatives
 Justification & Recommendation
CASE-WRITING GUIDELINE
 Make it interesting; remember someone will have
to read it.
 Keep it clear and concise.
 Minimize jargon and conjecture.
 Communicate all facts as part of the overall story
 Provide the reader with a picture or vision of the
end state.
 Demonstrate the value the solution brings to the
organization, customer and financial bottom line
of the company.
TIPS FOR BUSINESS CASE COMPETITIONS
 Team Sprit
 Time Management
 Highlight the key lines
 Live presentation
 Convey a single message
 Humble & strategic in Q&A
 Think U can !!
LONG-TERM STRATEGIES FOR CASE
SOLVING
 Reference Book :
Business Case Guide ( Treasure board of Canada )
 A sample case ( Details version)
 A sample case (Business case Competition version)
 Practice , Practice & Practice !!
YOUR QUERY …
For further query # subasish_cu@yahoo.com
How to solve business problem successfully

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How to solve business problem successfully

  • 1. How to solve business case successfully
  • 2. STEPS TO SOLVE BUSINESS CASE  Identify the main problems of particular business  Identify the symptoms of the problems  Determine which problems can be solved internally and which is out of control  Remedial alternatives to solve those problems  Set several viable options if first remedial action fails then move on to the plan B
  • 3. HOW TO SOLVE A BUSINESS CASE ?
  • 4. OBJECTIVES  To develop your competitive edge in Business case competition.  To Introduce with some popular & widely used Business tools & techniques.  To provide guidelines for long-term capacity Building on case solving.
  • 5. WHY DO YOU LEARN ABOUT IT ?  To be competitive: Job Market Business Competition
  • 6. WHAT IS BUSINESS CASE ?  A Business case is a collection of facts and data based on a real or hypothetical business situation.  Open Case  Question based Case
  • 7. STEPS IN BUSINESS CASE SOLVING  Presentation of the facts surrounding the case.  Identification of the key issues.  Listing of alternative courses of action that could be taken.  Evaluation of alternative courses of action.  Recommendation of the best course of action
  • 8. PRESENTATION OF THE FACTS SURROUNDING THE CASE  underline crucial facts  interpret figures and charts  Organize the facts of the case  prepare questions whose answers would be useful in addressing the key issue
  • 9. PROBLEM IDENTIFICATION  New opportunities  Changing environment  Decline in competitive position  Excess inventories.
  • 10. LISTING OF ALTERNATIVE COURSES OF ACTION  Consider courses of action based on their suitability to the firm and situation.  take into account such factors as:  the business category, goals, the customer, the overall strategy, the product assortment, competition, legal restrictions, economic trends, marketplace trends, financial capabilities, personnel capabilities, and sources of supply.
  • 11. EVALUATION OF ALTERNATIVE  Identify the constraints  Apply cost & benefit analysis for each  The ramifications and risks associated with each  Viability of each alternative
  • 12. POPULAR TOOLS FOR SOLVING CASE  SWOT Analysis  Cost-Benefit Analysis  BGC Matrix  Ensoff Matrix  Poter’s 5 Factors  Fish-bone Analysis  Pos & Cons Analysis
  • 13. MOST POPULAR & WIDELY USED TOOLS  SWOT  SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats.  What makes SWOT particularly powerful is that, with a little thought, it can help you uncover opportunities that you are well placed to exploit.
  • 14.
  • 15. PRIMO-F  People  Resource  Information  Marketing  Operations  Financial
  • 16. PESTEL  Political  Economical  Social  Technological  Environmental  Legal
  • 17. STRATEGY … External / Intenal Opportunities Threats Strengths Attack Strategy Defense Strategy Weaknesses Adjustment Strategy Survival Strategy
  • 18. STRATEGIES …  Build on your strengths  Minimize your weaknesses  Seize opportunities  Counteract threats
  • 19. LET US HAVE A DRILL …
  • 20. CASE-PRESENTATION GUIDELINE  Background of the case  Diagnoses of facts & issues  Key problem of the case  Possible alternatives  Evaluation of each alternatives  Justification & Recommendation
  • 21. CASE-WRITING GUIDELINE  Make it interesting; remember someone will have to read it.  Keep it clear and concise.  Minimize jargon and conjecture.  Communicate all facts as part of the overall story  Provide the reader with a picture or vision of the end state.  Demonstrate the value the solution brings to the organization, customer and financial bottom line of the company.
  • 22. TIPS FOR BUSINESS CASE COMPETITIONS  Team Sprit  Time Management  Highlight the key lines  Live presentation  Convey a single message  Humble & strategic in Q&A  Think U can !!
  • 23. LONG-TERM STRATEGIES FOR CASE SOLVING  Reference Book : Business Case Guide ( Treasure board of Canada )  A sample case ( Details version)  A sample case (Business case Competition version)  Practice , Practice & Practice !!
  • 24. YOUR QUERY … For further query # subasish_cu@yahoo.com