Individual Case Preparation Short Cycle Process (15 min) • Read opening and ending paragraphs • Who? What? Why? When? How? • Quick look at exhibits (summarize each in 1 sentence) • Quick review of subtitles • Skim case body • Read assignment questions Long Cycle Process (90 min) • Re-skim the case • Apply the case solving process – – – – – – – Define issue Analyze case data Generate Alternatives Select decision criteria Analyze evaluate alternatives Select alternative Develop implementation plan Long Cycle Process - 1 • Defining Issue – Key concerns and problems in the case – Urgency and importance of these issues – Place yourself in place of the main decision maker • Analyze Case Data – Diamond E Framework • Environment, Strategy, Resources, Organization, Management Preferences – SWOT analysis, PEST analysis, Porter Five Forces, Strategy Triangle, etc. • Generate Alternatives – Think creatively and widely Long Cycle Process - 2 • Decision Criteria – Determine both qualitative and quantitative criteria (profit, growth, customer satisfaction, strategic fit, etc.) • Evaluating Alternatives – Construct decision matrix with alternatives and criteria • Select Alternative – Based on criteria stated above • Develop Implementation Plan – Be specific and answer who, what, when, where and how – Is there information required that is missing? What assumptions are you making? – Concentrate on operational specificity