Share:
Notifications
Clear all

Case Studies vs Actual Problems!  


Raman Singh
Posts: 65
(@iamraman)
Senior Partner
Joined: 5 months ago

Hello Clan members and People,a very interesting question as an aspirant i would like to ask.

Every aspirant and a B-School grad practices and case studies and builds problem solving skills.

How different it is to practice a case study and actually solve a problem out and implement required changes and bring about innovations.

How should one adapt to change his or her thinking process as a newbie to a firm or in a B-School it self?As he or she has spent most of the time with theory and not much on the Practical side of things.

2 Replies
Lisa
Posts: 2
 Lisa
Guest
(@Lisa)
Joined: 4 months ago

definitely agree that cracking a case is very different from an actual client engagement in many ways, most of which are traceable back to the simple fact that at the end of the day, one is a hypothetical situation and the other, a real case with real implications and consequences. however, i'm going to answer your question from a slightly different angle - by noting some techniques & skills that remain very relevant and helpful - as I think that may be more helpful than just stating how the two situations differ.

one example is keeping the big picture in mind and constantly comparing the micro level details against that. when working with cases, you always set out your structure and hypotheses. and you will refer to them along the way as the case progresses, making changes as and when required. keeping track of the big picture and knowing what adjustments need to be made (and when, and how) is incredibly important as well for client engagements. it's not so easy because the timelines are longer; there are far more moving parts to keep track of; your day-to-day work tends to be in very granular detail; etc. however, it's precisely because of these differences that it becomes so important to keep applying that skill of keeping track of what's going on and keeping the big picture in mind.

another is about effectively engaging your audience. in interviews, you need to ensure the interviewer can follow your thought process - all that advice about thinking aloud, showing the interviewer your 2x2 matrix, explaining your proposed calculation methodology, etc. likewise, you really need to keep your client (senior consultant, engagement manager, whoever) engaged when you report to or update them. they need to be able to understand your research, analysis, and conclusions. often, they're busy. so you need to be crystal clear, and sharp, and focused when updating them. just as polished as during an interview. this may seem like stating the obvious, but it's still surprising that it doesn't always happen (from what I've seen and heard, anyway).

Reply
1 Reply
Raman Singh
(@iamraman)
Joined: 5 months ago

Senior Partner
Posts: 65

@Lisa Thank you very much for the knowledge.

Yes i also feel we need to get habitual with being vert clear and management of our time and various other points in our day from bschool itself.So that it'll help out in the softer side during our corporate engagements.

That's what i inferred as well.

Reply

Leave a reply


 
Preview 0 Revisions Saved