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Case Practice Workshop
Nov 2nd
Agenda
• Recap of case commandments
• Last week recap
• Market entry
• Behavioural interviewing
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
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
PROFIT EQUATION
Profit Equation Framework
Profit = Total Sales – Total Revenues
                                         Price

                   Revenue                x
                                        Quantity


 Profits             –
                                         Fixed

                                                   Number of
                     Cost                 +          Units

                                        Variable      x
                                                   Cost/unit
MARKET ENTRY
Entering a new market
• 1. Determine why? What’s our objective/goal? Does it fit
  into our overall strategy?
• 2. Determine the state of the current and future market
• 3. Investigate the market to determine whether entering it
  would make good business sense
• 4. If we decide to enter, we need to figure out the best
  way to become a player (Cost-benefit analysis)
  • Start from scratch
  • Acquisition
  • Joint venture/strategic alliance
Ways to enter a new market
Barriers to entry
Common Marketing Questions
• How would you develop and introduce a new product?
• There are two ideas in a company pipeline – which one
  would you choose?
• Critique this ad
• Your competition is attacking your product. How would
  you respond?
• Give me an example of good marketing?
Adjacent Market Growth

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Case Practice Workshop Agenda: Recap, Market Entry, Interviews

  • 2. Agenda • Recap of case commandments • Last week recap • Market entry • Behavioural interviewing
  • 3. 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
  • 4. 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
  • 6. Profit Equation Framework Profit = Total Sales – Total Revenues Price Revenue x Quantity Profits – Fixed Number of Cost + Units Variable x Cost/unit
  • 8. Entering a new market • 1. Determine why? What’s our objective/goal? Does it fit into our overall strategy? • 2. Determine the state of the current and future market • 3. Investigate the market to determine whether entering it would make good business sense • 4. If we decide to enter, we need to figure out the best way to become a player (Cost-benefit analysis) • Start from scratch • Acquisition • Joint venture/strategic alliance
  • 9. Ways to enter a new market
  • 11. Common Marketing Questions • How would you develop and introduce a new product? • There are two ideas in a company pipeline – which one would you choose? • Critique this ad • Your competition is attacking your product. How would you respond? • Give me an example of good marketing?

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?