Presentation is loading. Please wait.

Presentation is loading. Please wait.

2015 Mini Case Competion Case Solving Workshop

Similar presentations


Presentation on theme: "2015 Mini Case Competion Case Solving Workshop"— Presentation transcript:

1 2015 Mini Case Competion Case Solving Workshop
JHGCC Case Competition Committee Nov. 10, 2015

2 Outline of the Event 3 hours to design strategy for a real world business situation 1 round present to a closed panel of judges from McKinsey, LEK, ClearView and IMS 1 hour to edit slides between 1st and 2nd round 5 teams will be selected as finalists, present to open audience

3 What Judges are Looking For
Structure Mutually exclusive, collectively exhaustive (MECE) Analysis Identified factors with the biggest impact Use data and assumptions to support recommendation Recommendation Answers the question and “so what?” Presentation Clarity, concision, slides, figures, charts

4 Structure Provides precision in communicating the message
Forces the writer to be explicit about analyses and conclusions Provides clarity to the reader Makes case solving more efficient Issues can be analyzed in parallel Discerns issues necessary to test hypothesis and reveals gaps in logic

5 Building an Issue Tree Explains how or why
Governing Thought: States the answer to the question raised in the readers mind (hypothesis) Explains how or why Key Line: Major points which, taken together prove the answer Support: Data and facts which support the key line Adapted from Deloitte U of T Presentation

6 Developing your Hypothesis
A limited amount of “unstructured” research will be required to come up with a hypothesis After this data gathering, take your best guess at what your answer is. Use your “intuition” and business sense. A hypothesis is an answer to the question that is presently not supported by data. It must be testable.

7 Dividing up Analysis Hypothesis Key Line: Team Member 1 Team Member 2
Company X Should outsource it’s manufacturing of product Y to China Hypothesis Manufacturing costs are 100% lower, resulting in break even point for new factory of 1 year Company X can leverage it’s experience with existing factories in China to maintain operational efficiency and quality of product Y Manufacturing technology in China is on par with the US and will allow Company X to keep pace with competitors as technology advances. Key Line: Team Member 1 Team Member 2 Team Member 3 Adapted from Deloitte U of T Presentation

8 Dividing up Analysis Hypothesis Key Line: Slide 1 Team Member 1
Company X Should outsource it’s manufacturing of product Y to China Slide 1 Hypothesis Manufacturing costs are 100% lower, resulting in break even point for new factory of 1 year Company X can leverage it’s experience with existing factories in China to maintain operational efficiency and quality of product Y Manufacturing technology in China is on par with the US and will allow Company X to keep pace with competitors as technology advances. Key Line: Team Member 1 Team Member 2 Team Member 3 Slides 2-4 Slides 5-7 Slides 8-10 Adapted from Deloitte U of T Presentation

9 Consider Quantitative and Qualitative Evidence
Often the “hard justification” for a decision. Ex. Increase in Revenue, decrease in cost, increase in market share Qualitative Supports the explains the practical applications of quantitative data Ex. Higher costs due to decrease in worker productivity, decrease revenue due to lower brand perception, loss of market share due to inferior technology

10 Some tips for time efficiency
Prepare slide templates ahead of time Saves time on making slides, which can add up Understand business basics How to read an income statement Terminology Ex. Revenue, costs, market share, scale Collect relevant resources ahead of time (industry will be released at 6 pm night before) Market reports, market trends, census data, financial information, major movements in industry Become comfortable with ambiguity Your answer will not be 100% irrefutable, but must be defensible Make reasonable assumptions, consider only the most important factors

11 A good recommendation Addresses the question that was asked
Contains qualitative and quantitative justification Considers major risks Considers “so what?”. Eg. Customers will demand the new technology, which releases in So what? What does that mean for us? What do we do? Remember this is not a market report or SWOT analysis, the purpose is to recommend a strategy

12 Presentation Pointers
Be concise, minimize text, convey only what is necessary to arrive at the conclusion Remember to communicate how this relates to the recommendation. Don’t make the reader “work”. Good rule of thumb is to tell me what you’re going to tell me, tell me, then tell me what you just told me Neat professional slides help the reader follow along Practice your presentation Confidence, enthusiasm and professionalism enhance your message

13 Example from Last Year Situation Complication Questions
Tesla is a electric car manufacturer with the goal of increasing adoption of electric vehicles Complication Tesla plans to build a $5 Billion Gigafactory to produce lithium batteries for electric vehicles and other applications Questions What should Tesla do to maximize profitability from the Gigafactory?


Download ppt "2015 Mini Case Competion Case Solving Workshop"

Similar presentations


Ads by Google