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Case Practice Workshop
19th Oct
The Case Commandments
•   Listen to the Question
•   Take Notes
•   Summarize the question
•   Verify the objective(s)
•   Ask clarifying questions
•   Organize your answer
•   Hold that thought for “one alligator” – think before you
    speak
•   Manage your time
•   Work the numbers
•   Be coachable
•   Be creative and brainstorm
•   Exude enthusiasm and a positive attitude
•   Bring closure and summarize
Types of Case Questions

• Brainteasers
• Back-of-the-Envelope (estimation questions)
• Business Case Questions
  • Number cases
  • Business strategy
  • Operations
The Twelve Case Scenarios
• Strategy Case
  •   Entering a new market
  •   Industry Analysis
  •   Mergers and Acquisitions
  •   Developing a new product
  •   Pricing Strategies
  •   Growth Strategies
  •   Starting a new business
  •   Competitive response
• Operations Case
  •   Increasing sales
  •   Reducing costs
  •   Improving the bottom line
  •   Turnarounds
Agenda for the series
• Market Estimation
• Profit Equation Analysis
  • Increasing sales / Decreasing costs / Improving profits
• Entering a new market or Adjacent market growth
  • Barriers to entry
• Marketing (4 P's, 3 C's)
  • Branding
• Growth of core business
  • Expansion strategy
  • Grow number of customers
  • Organizational scaling
  • International Expansion
• M&A synergies
MARKET ESTIMATION
• Estimate a market size by making the right assumptions
• Asked in conjunction with a case question to arrive at a
  recommendation
• Used to test if you
  • Are comfortable with numbers
  • Think logically
  • Think in a structured manner
• Data is never given to you
• You have to make assumptions and break down the
  problem
• Two Types
  • Top-Down - Population
  • Bottom up – Few players in the market
Please see the word document!

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Duke MEMP Consulting Club Case Interview Workshop Series 1

  • 2. The Case Commandments • Listen to the Question • Take Notes • Summarize the question • Verify the objective(s) • Ask clarifying questions • Organize your answer • Hold that thought for “one alligator” – think before you speak • Manage your time • Work the numbers • Be coachable • Be creative and brainstorm • Exude enthusiasm and a positive attitude • Bring closure and summarize
  • 3. Types of Case Questions • Brainteasers • Back-of-the-Envelope (estimation questions) • Business Case Questions • Number cases • Business strategy • Operations
  • 4. The Twelve Case Scenarios • Strategy Case • Entering a new market • Industry Analysis • Mergers and Acquisitions • Developing a new product • Pricing Strategies • Growth Strategies • Starting a new business • Competitive response • Operations Case • Increasing sales • Reducing costs • Improving the bottom line • Turnarounds
  • 5. Agenda for the series • Market Estimation • Profit Equation Analysis • Increasing sales / Decreasing costs / Improving profits • Entering a new market or Adjacent market growth • Barriers to entry • Marketing (4 P's, 3 C's) • Branding • Growth of core business • Expansion strategy • Grow number of customers • Organizational scaling • International Expansion • M&A synergies
  • 7. • Estimate a market size by making the right assumptions • Asked in conjunction with a case question to arrive at a recommendation • Used to test if you • Are comfortable with numbers • Think logically • Think in a structured manner • Data is never given to you • You have to make assumptions and break down the problem • Two Types • Top-Down - Population • Bottom up – Few players in the market
  • 8. Please see the word document!

Editor's Notes

  1. We will also have a few brainteasers every week
  2. Eg: Top Down: Pet accessory market, How many nails were painted in the city today? How many sandels are worn in the city?Bottom up: no og fire hydrants -> More of a city size question , How many manholes are there in the city? How many planes flew out of a city?