Doing case analysis
Discuss how doing case analysis will help you develop skills needed to prepare recommendations for consideration in a Strategic Plan. What is a business model and how can it disrupt a company, industry and or both? Provide at least two examples.
Sample Answer
Case analysis is the process of studying a real-world business situation in order to understand the factors that led to the situation and to identify potential solutions. It can be a valuable tool for developing the skills needed to prepare recommendations for consideration in a strategic plan.
Here are some of the ways that case analysis can help you develop these skills:
- Problem-solving: Case analysis requires you to identify the key problems in a business situation and to develop solutions that are feasible and effective. This can help you develop your problem-solving skills, which are essential for strategic planning.