ABM 307 Case Analysis Flashcards
What serves as the ‘lens’ in a case analysis?
Point of view
It includes perspectives like bird’s eye view and worm’s eye view.
What does the acronym SMART stand for in setting objectives?
- Specific
- Measurable
- Attainable
- Realistic
- Time Bound
What defines the ‘problem’ in a case analysis?
The gap between the current situation and the objective
Current situation is ‘where you are’ and objective is ‘where you want to go’.
What is meant by ‘Areas of consideration’ in a case analysis?
Facts of the case
This includes truths about the case and may involve SWOT analysis.
What is the purpose of ‘Alternative and Analysis of Alternatives’?
To evaluate options and their advantages and disadvantages
Follow the 3/3 rule for analysis.
What is the ‘Recommendation’ in a case analysis?
Choosing the best course of action or solution
It should include a mechanism or action plan.
What is a ‘Contingency Plan’?
Different plans to fall back on
It is based on the recommendation or alternatives and their analysis.