The capstone course
Full Answer Section
Step 5: Brainstorm Potential Solutions
- Generate a list of possible solutions for each identified problem.
- Consider solutions from different perspectives like marketing, finance, operations, or human resources.
- Think creatively and explore innovative approaches that leverage current trends or technologies.
Step 6: Choose and Refine a Solution
- Evaluate each potential solution based on its feasibility, cost-effectiveness, potential risks, and alignment with the company's goals and resources.
- Select the solution that appears most promising for addressing the company's problems.
- Refine your chosen solution by considering potential implementation challenges and mitigation strategies.
Step 7: Implementation Plan
- Develop a detailed plan for implementing your chosen solution.
- Include key steps, timelines, resource allocation, budget considerations, and communication strategies.
- Identify key stakeholders who need to be involved in the implementation process.
- Outline how you will measure the success of the solution and make adjustments if necessary.
Step 8: Conclusion
- Briefly summarize your analysis of the case, the key problems identified, and your chosen solution.
- Discuss the potential benefits and limitations of your proposed solution.
- Include any final thoughts or recommendations for the company moving forward.
Additional Tips:
- Use clear and concise language throughout your analysis.
- Support your arguments with evidence from the case study and your research.
- Maintain a professional tone and demonstrate critical thinking skills.
- Proofread your work carefully before submitting it.
By following these steps and using the provided framework, you can effectively analyze the chosen case study and propose a well-structured plan for addressing the company's problems.
Sample Solution
I can't access your specific course text to identify the 12 cases, but I can provide a general framework to help you complete the case study analysis assignment:
Step 1: Choose a Case Study
- Browse through the 12 cases listed in your course text (or choose one with instructor approval).
- Select a case that interests you or seems particularly challenging.
- Consider factors like industry relevance, current events, and the complexity of the problem.
Step 2: Research the Company
- Utilize credible sources like the company's website, annual reports, press releases, and news articles to gather information.
- Focus on the company's history, mission, current business model, recent performance, and industry standing.
- Look for any updates or developments related to the case since it was published in your textbook.
Step 3: Analyze the Case Background
- Briefly summarize the key facts and events presented in the case study.
- Identify the company, its industry, the main characters involved, and the time frame.
- Highlight any relevant challenges or opportunities the company faced before the situation in the case study arose.
Step 4: Define the Company's Problems
- Based on the case study and your research, identify the core problems the company is facing.
- Be specific and consider both short-term and long-term implications.
- Explore the root causes of the problems and how they are impacting the company's performance.