HOW TO ANALYZE A CASE STUDY
So What is a Case Study analysis? “separation into parts” “examination of a thing to determine its parts or elements” “…..with a view toward prescription” Analytical processes used in medicine, auto repair, business turn around More than simple description
Case Study Key Phrases Describes an actual situation in narrative form Requires a decision of a problem or opportunity It’s not a problem necessarily with a “unique” solution There are different alternatives
Case Study Key Phrases Describes an actual situation in narrative form Requires a decision of a problem or opportunities It’s not a problem with a “unique” solution There are different alternatives Critical thinking/Innovation key
Steps in Doing Case Analyses 1.Identify dimension of problem or opportunity 2.What caused problem/opportunity to exist? 3.Possible solutions to the problem 4.What is the “best” solution and why? Frame prescription options Diagnose Describe Prescribe
How Will Case Analysis Work? Seven Cases will be Assigned This Semester (plus a trial run with Nest Fresh Eggs) Encourage multiple readings of each case over a series of days Take lots of notes Look at other resources where possible
Preliminary Memo 1-1 ½ pages long Typically in bullet fashion with short comments Follows Five Step Case Study Process Problem or Opportunity Causes of problem/opportunity/factors-trends Alternative Solutions “Best” Solution and why? Plan of Implementation Encourage preliminary observations on competition, financial analysis, SWOT, etc. – describe, diagnose, frame and prescribe Must be your own work for individual memos Grading is based on application of unit concepts
In-Class Discussion Class-led discussion of the case following the five step order We measure participation plus quality of participation Preliminary memos are due at the beginning of class – come prepared with additional notes – solution ideas, pros and cons of various alternatives Take notes on the discussion – your final memo should reflect the discussion points of the day.
Final Memo (for Unit Cases) A final memo is prepared for the case based on Your preliminary analysis The in-class discussion from the day of the case A maximum 5 page final memo – one from each group only - is submitted shortly following the discussion day – see syllabus for due dates 11 pt font, double spaced, 1” margin Follow the 5 step format for evaluating each case Grading is based on application of unit concepts