How to Solve a Case Study A case study is a collection of facts and data based on a real or hypothetical business situation.
More Essay Examples on Business Rubric Decision makers will primarily refer to the executive summary to refresh their memory when discussing the merits of the proposal. The Case for Change This section contains the basic argument for the proposal.
It describes the current situation, outlines the strategic issues and gives the rationale for making a change, which may take the form of solving a problem or seizing an opportunity. The impact on the environment should be addressed, where relevant.
Any evidence of stakeholder consultation should be provided as an annexure and not be included in this section. Information about the Proposal Proposal Scope Scope defines and sets out the main elements of the proposal. What is the strategy for identifying and consulting with external stakeholders, informing them of progress and changes, and managing the external impact of the proposal?
Marketing Does the success of the proposal depend on public or customer awareness, and if so, what steps will be taken to market the proposal? Quality Management This is essential for many proposals, particularly capital infrastructure projects, otherwise a quality management plan may only be optional.
Procurement strategy Many proposals involve purchasing, contracting or outsourcing arrangements. What procurement is involved and how will it be managed? Quality control is extremely important, what steps have been taken to ensure standards will be appropriate?
Post-proposal management When the proposal has been implemented, how will the new initiative be managed? External funding arrangements In some projects, part or all of the funding will be sourced from the private sector, through loans or a partnership arrangement.
In these situations, the business case must include an acquisition and financing plan for the proposal. This provides the basis upon which costs, benefits and cash flows may be estimated over a five to seven year period.
It includes the cost-benefit analysis for the most feasible option. Identify the feasible options and what methodology was used to select them. Conformity with Legislation, Policies and Strategies Assess the extent to which the feasible options conform to relevant agency and Government legislation, policies, standards and strategies.
Cost-benefit Analysis This analysis assesses the impact and net benefits of the chosen option in achieving the desired outcomes in comparison with other feasible approaches. The evaluation should include tangible and intangible factors and quantitative and qualitative factors.
The costs and benefits must apply for the life of the proposal, not just the implementation period. The main steps in a cost-benefit analysis are as follows — 1. List alternative options; Identify costs including economic, social and environmental of each option; Identify benefits including economic, social and environmental of each option; Assign dollar values to as many costs as possible; Assign dollar values to as many benefits as possible; Determine the benefit to cost ratio for each alternative; Rank acceptable proposals on the basis of their cost-benefit ratio; Consider the ranking as a guide for your recommendation.
Costs Identify and quantify costs for the feasible options only. Separate capital and recurrent costs, making sure to include development and operating costs for the life of the proposal.
These should be valued in current terms. Directly quantifiable costs are only part of the evaluation. Other factors such as social or regional impact, safety, public health, community reactions and environmental impact should also be taken into account.
Supporting evidence of your assessment should be provided as an annexure. Benefits The benefits need to quantified and qualified for the feasible options and explain how they will be realised.
Benefits should include immediate savings, future cost avoidance and the potential for future benefits. Qualitative benefits include outcomes such as improved social amenity or decreased pollution. These need to be clearly documented and assessed for their strategic value.
Qualitative benefits are categorised as either a costs reduction or cost avoidance in providing services or as an enhancement to such. Improved customer and user satisfaction Improved quality of reporting Responding to customers needs Community surveys Example: Response to an identified public need Process analysis Examples: You do this by preparing a risk profile of each option.
The analysis considers the strategic and organisational context in which a particular option will be implemented.In this stage specify the limits and boundaries under which case has to be solved. These may be given in the case clearly or you need to assume it. (Some information has to be consider while solving the case.).
Case study solving technique 1. Case Study Solving procedure Dr.
Tripti Sahu SBIIMS Pune 2. What is a Case Study?
A case study is a description of an actual administrative situation involving a decision to be made or a problem to be solved. Business Case Study PowerPoint Template is a professional presentation created to describe Business Case Studies.
A Case Study is a research method consisting of a close and detailed examination of a subject of study (a.k.a “the case”) as well as its related contextual conditions/5(30). The case study serving as the centerpiece of this paper is intended to illustrate in a small way the complexity associated with organizational or business problem solving.
Problem Solving Nine Case Studies and Lessons Learned Jon Gerondale Research and Grants Unit Seattle Police Department January speaking with the owner of the business and surveying the property, Officer Hayes discovered a number of factors contributing to the noise complaints.
First, the business functioned as a. Case study solving technique 1. Case Study Solving procedure Dr. Tripti Sahu SBIIMS Pune 2. What is a Case Study? A case study is a description of an actual administrative situation involving a decision to be made or a problem to be solved.