case discussion method
DESCRIPTION
This is to help students understand the case method of learning in management. It shall help students conduct better case analysis.TRANSCRIPT
Case Discussion MethodBy
Dr. Swatantra Kumar
What is a case
Case Discussion It is
• Case + Discussion
Why Case discussion Theory holds little value in practical
situations Cases provide the real management
situation to the students and carry a lot of value for their shaping into professionals
What it facilitates Power to deal with situations It ensures that the students acquire
managerial skills by rigorous personal effort by questioning and debating all possible situations and finding workable situations.
It is the process of drawing out the student’s mind, not of pouring in the instructor’s ideas
Steps in case discussion
No standard formula There is no standard formula, each
case highlights a specific decision situation
There are however certain general procedures which can be utilized while handling cases
Few important tips Reading the case carefully is
very important. Read it at least twice and
note down important points. Understand the difference
between problems and symptoms.
Break down problems in to small fractions.
Think logically and creatively to solve the problems
Contd.. Consider each possible course of action
individually while analyzing the strengths and weaknesses of the company and its competition.
Evaluate the pros and cons of the various alternatives and eliminate the inferior options on the basis of the facts available in the case.
You can also make certain assumptions on the basis of your environmental knowledge to solve business problems.
Contd.. Finally reduce the possible solutions to
two to three. Here comes the test of your ability to
make decisions under uncertainty. If you have sound environmental
knowledge it helps you in making right assumptions.
To improve that you must read business publications – like news paper, magazines, journals etc.
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