Reference no: EM13920142
Case Analysis Guidelines
Step 1. What are the key issues or problems of the case? Any case may suggest several interpretations of what the focal concerns are. It is helpful to begin by identifying as many different interpretations as possible.
Step 2. Prioritize the problems. Focus on the key issues of the case. This may involve selecting one of the issues already raised or creating a new statement that identifies the problem. In some cases, there may be several problems at work, in which you may wish to simply rank the problems in terms of either potential importance or timing of impact.
Step 3. Consider whether it is necessary to determine the "cause" of the problem.
In some cases, it is important to determine what caused the problem in order to identify the appropriate solution(s). In other cases, the cause of the problem is not as important as what to do about it. Therefore, when working on a case, always ask whether it is necessary to decide what the cause is.
Step 4. Brainstorm the options available to the leader. There is always one option: Do nothing. However, there are usually several ways to respond to a problem, and trying to identify those options is an important part of case discussions. Use your best brainstorming skills to determine what the options are.
Step 5. Evaluate the options.
Each option will have advantages and disadvantages. In management and human resource issues, there are several criteria that may be useful for evaluating different options, including:
The power of the option to solve the problem
The impact of the option on organizational performance and/or morale
Legal or regulatory liabilities and requirements
Cost of the option
The ability of the person(s) involved to carry out the option (in terms of skill, authority, or basic motivation)
Step 6. Select the optimum solution.
The ideal solution will produce the best outcome at the least cost. In management situations, this may not be possible. Therefore, selecting the best solution may involve balancing competing opportunities and constraints with an optimum solution that produces satisfactory outcomes on as many criteria as possible.
Step 7. Describe how the solution should be implemented.
Create a plan or "script" of what the manager or supervisor should do to implement the solution.
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Service-oriented architecture
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Which is directly lead to unambiguous increase in capability
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Formulate the null and the alternative hypothesis
: Improving the productivity of chickens. Farmers have discovered that more domestic chickens peck at objects placed in their environment, the healthier and more productive the chickens seem to be. White string has been found to be a particularly at..
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: A stock had returns of 20 percent, 12 percent, 14 percent, -10 percent, 16 percent, and 5 percent over the last six years. Required: What is the arithmetic return for the stock? What is the geometric return for the stock?
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Case analysis guidelines
: Step 1. What are the key issues or problems of the case? Any case may suggest several interpretations of what the focal concerns are. It is helpful to begin by identifying as many different interpretations as possible.
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Tasked with evaluating two independent projects
: You have been tasked with evaluating two independent projects: a three-year lathe for the shop and a six-year machine press. Are the two estimates equally reliable? Why or why not?
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How can the accounting function better serve the needs
: How can the accounting function better serve the needs of our value stream teams and manufacturing cells in their efforts to optimize performance?
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Find duration of coupon bond making annual coupon payments
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Ethical considerations
: The assignment must be completed individually and submitted before the due date to avoid any late penalties. Please make sure you follow the guidelines noted in your subject outline especially those relating to presentation of written work, late p..
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