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[IMCMC] G4 - How to Analyze a Case? (Process (Goal of analysis (concrete…
[IMCMC] G4 - How to Analyze a Case?
Active Reading
Recognize contextual factors
More thinking less reading
Try to find the questions in the context
Realize when to read fast and slow
Think before read the case
Find the relationship
Questions
Whole case
Use
Frameworks
Support analysis
Quantitative formulas
Theories
Type of Case Situations
Occur repeatedly
Problems
Definition in case: A outcome/performance without explicit explanation
Reasons to fail or success
Accurate causal analysis is vital
Realize and define the problems
Analyze by linking outcome/performance to its root causes
Relevant tools are needed: e.g. Business disciplines
Decisions
Best option is implicit and depend on another situation
Vary in different dimensions
Consequence
Available data
Scope
Decision analyze require
Relevant evidence
No objectively correct decisions
Create more benefits or less downsides than alternatives
Decision criteria
Help to develop evidence for analysis
Make decision is best fit between evidence and criteria
Derived through careful study
Decision options: Look for alternatives or create a plausible one if not stated in case
Explicit decision stated in many cases
Rules
Uncertainty: Put into formula through assumption
Idiosyncratic assumption sometimes has no material effect on the result
Scope is narrow: Only useful in specific circumstances yet productive
Same numerical result yet Inference diverged
Qualitative methods
Different result from different people
Many alternative methods
It's an important part to understand case situation
Quantitative methods
Provide critical information
Same result
Rules applies correctly
No controversial assumption
Evaluations
Many kind of dimensions units
Group
Organization
Individual
Country
Appropriate criteria
Considering
Competitors
Situation
Macro-economy
Other elements
Include positive and negative sides
Overall evaluation should express best fits of evidence and criteria
Process
Point of view
Put yourself in persona's shoes
Why is the person in this dilemma?
Hypothesis
Right Hypothsis
Develop a strong argument
contrarian's position
argue in a disscussion
Forcing everyone to look at the evidence from new angle
Consider evidence no one else has noticed
Wrong Hypothsis
have a good grasp of the case
have a good sense of what the evidence is and where it is
Ask yourself what the alternative is
through mistakes,learn more about the thought process called case analysis
Goal of analysis
How do you know when to conclude the study of a case?
concrete goals
you have evidence showing why your conclusion is reasonable
Thinking about other possible conclusions and why yours is preferable to them
you have come to a conclusion about the main issue
you are familiar with the imformation in a case
Allocate a set amount of time for time limit
at the end stop and settle for whatever you know about this case
Description of process
Situation (5 minutes)
Questions (15 minutes)
Hypothesis (45 minutes)
Proof and Action (40mins)
Alternatives (15mins)
Question your own hypothesis
(look critically at the hypothesis and the evidence)
Ways to think critically about your work
Decision
Evaluate
Problem
Prove something,
not look for something to prove
Ask questions
any evidence in the case?
implement the decision you're recommending?
strongest evidence?
What actions does your diagnosis or evaluation call for?
additional evidence ?
Stay focused on what you want to prove
Add the evidence you have
Action
Give a bit of thought to the order of the actions
Think about tangible actions and write them down.
Think in practical
narrow the possibilities to the one that seems most plausible
quantitative evidence
find the most relevant
no relevant
formulate one
know the problem that needs to be diagnosed
active reading
write down questions
make notes
review the criteria
find the one you have the most confidence in
subconscious
much better at dealing with complexity
first
need to know about the situation
problem
decision
evaluation
Who or what is being evaluated?
Who's responsible for the evaluation?
What are the decision options?
What are the possible criteria?
What's the significance of the problem to the subject?
Who or what is the subject of the problem?
ex:
second
fast inventory
scan the headings
mark up the case
Identify
reading the first and last sections
present a partial or complete description
express a tension or conflict important
provide far more information
consider
be flexible and adaptable
G4
林煜恩
鄭淇云
王郁茹
蘇霈琪
廖沛辰