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GOCRACKIT
Case study & Guesstimates
Objective
Provide you a framework for approaching any case interview
Our approach for this session...
Basics of case interviews
Case landscape
Case solving framework with some examples
Before we start...
Case can be from any
domain
Case interview formats
could be different for
different firms
What is a case?
Business problem/
situation
Problem solving skills
Some key characteristics of cases...
Open Ended
Real world situation
Case studies are designed to measure..
Problem solving skills
Tolerance for ambiguity
Communication skills
Market entry
Market share
decline
Cost reduction
Profitability
M&A
Backward/
Forward
integration
Strategy
How do you
design
SCM<any other
domain name>
for XYZ
situation
Process
Improvements
Any specific
function
problem
Functional
Business + New
tech. strategy
Business
problem +
Technology
Improvements
in existing
technology
processes/
systems
Technology
Different
guesstimates
Guesstimates
A comprehensive case landscape...
We will understand all the processes, tools
and frameworks with the help of a case
The Case : Car Manufacturer
Situation
A car manufacturer approached your
firm with the following question
"Our customers wait upto 8 months to
receive their new car. On the other
hand we have 8 months of inventory.
Something must be wrong, can you
help us?"
The Case
Framework to solve any case study
1 - Clarify
Clarify the problem
2 - Objective
Set the objectives
3 - Structure
Structure your
approach
4 - Analyse
Ask for data and
analyse
5 - Recommend
Recommend your
solution
The Case : Car Manufacturer
Summarise understanding
Customers wait up to 8 months for
their new car to be delivered
The manufacturer has 8 months of
inventor
If I understand you correctly, the
problem is following
Is it correct understanding?
The Case : Car Manufacturer
Ask clarifying questions
Is inventory finished products,
parts before assembly or raw
materials?
Where is inventory sitting at
company warehouse, factory or
dealers' locations?
Is 8 months customer waiting time
calculated from car order to
delivery?
The Case
Framework to solve any case study
1 - Clarify
Clarify the problem
2 - Objective
Set the objectives
3 - Structure
Structure your
approach
4 - Analyse
Ask for data and
analyse
5 - Recommend
Recommend your
solution
The Case : Car Manufacturer
Set the objective
So you want me to find out the
root cause of this phenomenon
and come up with suggestions to
resolve it?
Is there any other objective?
The Case
Framework to solve any case study
1 - Clarify
Clarify the problem
2 - Objective
Set the objectives
3 - Structure
Structure your
approach
4 - Analyse
Ask for data and
analyse
5 - Recommend
Recommend your
solution
The Case : Car Manufacturer
Structure the approach
What kind of framework of MBA
(w/o looking bookish) can you use?
The Case : Car Manufacturer
Structure the approach
End to end Supply/ Value chain
analysis
External v/s Internal analysis
The Case : Car Manufacturer
Structure the approach
I will analyse time taken in end to
end value chain of car order in
dealership to final delivery of car
to customers
The Case : Car Manufacturer
Structure the approach
1 - Car purchase 2 - Locating car 3 - Manufacturing 4 - Transport 5 - Delivery
The Case : Car Manufacturer
MECE
The structure should be MECE
The Case : Car Manufacturer
Structure should be Hypothesis drive
Initial Hypothesis
The Case : Car Manufacturer
Some useful frameworks
Cost Benefit analysis
Internal v/s external factors
Costs break ups (Fixed/ Variable)
Anatomy of Financial Statements
NPV
IRR
CAPM
Porter's Five forces
SWOT
VRIN
Seven "S"
Product Life Cycle Curves
The Case : Car Manufacturer
Some useful frameworks
4P
5C
Value chain analysis
BCG matrix
Ansoff matrix
M&A
Strategy
Synergy
Valuation
The Case : Car Manufacturer
Analyse the data
Cars have 5 variants with 32
possibilities
The cars are produced such that
every possibility is manufactured
for one week and then next
possibility is manufactured
Let's say following data is given to you
The Case : Car Manufacturer
Recommendations
Manufacture cars in smaller
batches
Propose fewer options
Move to dealer fitted options
(wherever possible)
Possible actionable recommendations:
Strategy case
Solving case studies
Strategy case
The Case
Framework to solve any case study
1 - Clarify
Clarify the problem
2 - Objective
Set the objectives
3 - Structure
Structure your
approach
4 - Analyse
Ask for data and
analyse
5 - Recommend
Recommend your
solution
https://www.bain.com/careers/interview-
prep/case-interview/cons-video/
Solving case studies
Video
Listen carefully, paraphrase your
understanding
Do not jump to solve the problem,
Take interviewer's hints
Think aloud
It is ok to get stuck, do not give up
show your approach
Solving case studies
Key points to remember
Guesstimate the number of
automotive in Singapore?
Solving Guesstimates
Guesstimate the number of flight take
offs from Amsterdam Airport?
Solving Guesstimates
Read The McKinsey Way
Understand key frameworks
(Profitability, Industry structure,Cost
structure, Market entry etc.)
Know macro numbers (Population,
Internet penetration, literacy rate,
income distribution etc.)
Form a group of 2 to 3 students and
start practicing as early as possible
Practice, practice, practice
Solving case studies
Action Plan
GOWIN
Your client wants to adopt Cloud
Technology, how will you approach to
present to CEO
Technology cases
A large retail firm in India is loosing
its profitability due to entry of e
commerce companies. It also wants
to go for having its own
e commerce channel. How will you
approach?
Technology cases
I-Bank is a large financial services
institution with global operations
Given the current environment, the
and a diversified portfolio of
businesses. With the
current financial market
conditions, the firm is aggressively
pursuing cost-cutting initiatives.
CIO has been mandated to cut back
IT operating expenses by 15-20%
over the next 3 years.
Technology cases

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Case BITSoM

  • 1. GOCRACKIT Case study & Guesstimates
  • 2. Objective Provide you a framework for approaching any case interview
  • 3. Our approach for this session... Basics of case interviews Case landscape Case solving framework with some examples
  • 4. Before we start... Case can be from any domain Case interview formats could be different for different firms
  • 5. What is a case? Business problem/ situation Problem solving skills
  • 6. Some key characteristics of cases... Open Ended Real world situation
  • 7. Case studies are designed to measure.. Problem solving skills Tolerance for ambiguity Communication skills
  • 8. Market entry Market share decline Cost reduction Profitability M&A Backward/ Forward integration Strategy How do you design SCM<any other domain name> for XYZ situation Process Improvements Any specific function problem Functional Business + New tech. strategy Business problem + Technology Improvements in existing technology processes/ systems Technology Different guesstimates Guesstimates A comprehensive case landscape...
  • 9. We will understand all the processes, tools and frameworks with the help of a case
  • 10. The Case : Car Manufacturer Situation A car manufacturer approached your firm with the following question "Our customers wait upto 8 months to receive their new car. On the other hand we have 8 months of inventory. Something must be wrong, can you help us?"
  • 11. The Case Framework to solve any case study 1 - Clarify Clarify the problem 2 - Objective Set the objectives 3 - Structure Structure your approach 4 - Analyse Ask for data and analyse 5 - Recommend Recommend your solution
  • 12. The Case : Car Manufacturer Summarise understanding Customers wait up to 8 months for their new car to be delivered The manufacturer has 8 months of inventor If I understand you correctly, the problem is following Is it correct understanding?
  • 13. The Case : Car Manufacturer Ask clarifying questions Is inventory finished products, parts before assembly or raw materials? Where is inventory sitting at company warehouse, factory or dealers' locations? Is 8 months customer waiting time calculated from car order to delivery?
  • 14. The Case Framework to solve any case study 1 - Clarify Clarify the problem 2 - Objective Set the objectives 3 - Structure Structure your approach 4 - Analyse Ask for data and analyse 5 - Recommend Recommend your solution
  • 15. The Case : Car Manufacturer Set the objective So you want me to find out the root cause of this phenomenon and come up with suggestions to resolve it? Is there any other objective?
  • 16. The Case Framework to solve any case study 1 - Clarify Clarify the problem 2 - Objective Set the objectives 3 - Structure Structure your approach 4 - Analyse Ask for data and analyse 5 - Recommend Recommend your solution
  • 17. The Case : Car Manufacturer Structure the approach What kind of framework of MBA (w/o looking bookish) can you use?
  • 18. The Case : Car Manufacturer Structure the approach End to end Supply/ Value chain analysis External v/s Internal analysis
  • 19. The Case : Car Manufacturer Structure the approach I will analyse time taken in end to end value chain of car order in dealership to final delivery of car to customers
  • 20. The Case : Car Manufacturer Structure the approach 1 - Car purchase 2 - Locating car 3 - Manufacturing 4 - Transport 5 - Delivery
  • 21. The Case : Car Manufacturer MECE The structure should be MECE
  • 22. The Case : Car Manufacturer Structure should be Hypothesis drive Initial Hypothesis
  • 23. The Case : Car Manufacturer Some useful frameworks Cost Benefit analysis Internal v/s external factors Costs break ups (Fixed/ Variable) Anatomy of Financial Statements NPV IRR CAPM Porter's Five forces SWOT VRIN Seven "S" Product Life Cycle Curves
  • 24. The Case : Car Manufacturer Some useful frameworks 4P 5C Value chain analysis BCG matrix Ansoff matrix M&A Strategy Synergy Valuation
  • 25. The Case : Car Manufacturer Analyse the data Cars have 5 variants with 32 possibilities The cars are produced such that every possibility is manufactured for one week and then next possibility is manufactured Let's say following data is given to you
  • 26. The Case : Car Manufacturer Recommendations Manufacture cars in smaller batches Propose fewer options Move to dealer fitted options (wherever possible) Possible actionable recommendations:
  • 27. Strategy case Solving case studies Strategy case
  • 28. The Case Framework to solve any case study 1 - Clarify Clarify the problem 2 - Objective Set the objectives 3 - Structure Structure your approach 4 - Analyse Ask for data and analyse 5 - Recommend Recommend your solution
  • 30. Listen carefully, paraphrase your understanding Do not jump to solve the problem, Take interviewer's hints Think aloud It is ok to get stuck, do not give up show your approach Solving case studies Key points to remember
  • 31. Guesstimate the number of automotive in Singapore? Solving Guesstimates
  • 32. Guesstimate the number of flight take offs from Amsterdam Airport? Solving Guesstimates
  • 33. Read The McKinsey Way Understand key frameworks (Profitability, Industry structure,Cost structure, Market entry etc.) Know macro numbers (Population, Internet penetration, literacy rate, income distribution etc.) Form a group of 2 to 3 students and start practicing as early as possible Practice, practice, practice Solving case studies Action Plan
  • 34. GOWIN
  • 35. Your client wants to adopt Cloud Technology, how will you approach to present to CEO Technology cases
  • 36. A large retail firm in India is loosing its profitability due to entry of e commerce companies. It also wants to go for having its own e commerce channel. How will you approach? Technology cases
  • 37. I-Bank is a large financial services institution with global operations Given the current environment, the and a diversified portfolio of businesses. With the current financial market conditions, the firm is aggressively pursuing cost-cutting initiatives. CIO has been mandated to cut back IT operating expenses by 15-20% over the next 3 years. Technology cases