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IBCC Case Cracking Toolbox

The document provides an overview of problem solving methodologies for cracking case competition problems, including: 1) Hypothesis-driven thinking to structure analyses and ensure focus on relevant data by forming falsifiable hypotheses. 2) Using issue trees to break down complex problems into more manageable sub-issues in a "mutually exclusive, collectively exhaustive" (MECE) way to identify relevant hypotheses. 3) The SCQA (Situation, Complication, Question) tool to understand the context, challenges, and key questions of a case and communicate executive summaries effectively.
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100% found this document useful (1 vote)
351 views16 pages

IBCC Case Cracking Toolbox

The document provides an overview of problem solving methodologies for cracking case competition problems, including: 1) Hypothesis-driven thinking to structure analyses and ensure focus on relevant data by forming falsifiable hypotheses. 2) Using issue trees to break down complex problems into more manageable sub-issues in a "mutually exclusive, collectively exhaustive" (MECE) way to identify relevant hypotheses. 3) The SCQA (Situation, Complication, Question) tool to understand the context, challenges, and key questions of a case and communicate executive summaries effectively.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

The$Toolbox to$Cracking$the$IB$Case

Table$of$contents$

03 Problem$Solving$Methodology
07$ Structured$and$Effective$Communication
10 Fundamentals$of$Slide$Production
12 Team$Management
13 An$Approach$to$Productive$Teamwork
14 7$Guiding$Principles$to$Win$a$Case$Competition

2
Problem$Solving$Methodology
How,Consultants,
work
Hypothesis*driven/problem/solving/
The$most$fundamental$skill$of$any$problem$solver$is$hypothesisObased$thinking.$Structuring$analyses$in$
this$way$ensures$efficiency$and$focus$because$only$relevant$data$is$being$analyzed.$A$crucial$part$of$
the$hypothesisObased$methodology$is$to$ensure$that$the$formed$hypothesis$is$falsifiable.$When$a$
falsifiable$hypothesis$is$formed,$one$should$construct$a$framework$that$enables$testing$of$the$
hypothesis$and$collect$the$data$required$to$do$so.

Data$required$$
to$test$the$
hypothesis

Confirm Conclusion

Case$ Initial$
Analysis
question hypothesis

New$
Falsify
hypothesis

Relevant$
framework$to$test$
the$hypothesis

Example:
Confirm/// New/
Question/ Hypothesis/ Analysis/ falsify/ hypothesis/

How$can$the$ Increasing$ Scale$ Hypothesis$ New$


client$cut$ scale$by$1%$ benchmark$ falsified.$ hypothesis:$
procurement$ will$reduce$ of$main$ Regression$ Sourcing$in$
expenses$by$ price$per$ competitors.$ shows$that$ emerging$
10%? item$bought$ Required$ scale$does$ markets$will$
by$1.5% data:$Price$ not$affect$ reduce$
per$bought$ price$per$ procurement$
item$and$ item expenses
volume$for$all$
competitors

3
Problem$Solving$Methodology
How,Consultants,
work
The/MECE/issue/tree/
Issue$trees$are$used$to$break$down$complex$problems$into$more$manageable$subOissues.$While$the$
previous$section$explained$the$process$of$hypothesis$testing,$the$MECE$framework$helps$identify$the$
relevant$hypotheses.$MECE$is$an$acronym$for$"Mutually$Exclusive,$Collectively$Exhaustive"$and$is$a$
way$of$organizing$information$– often$in$the$context$of$issue$trees.$If$the$issue$tree$is$done$in$a$"MECE"$
way,$all$subOissues$collectively$exhaust$the$solution$space$(all$possible$solutions)$and$the$subOissues$
are$mutually$exclusive$(no$subOissues$are$overlapping).$A$MECE$issue$tree$ensures$that$no$possible$
solution$is$missing$and$that$work$streams$can$be$distributed$among$the$case$team$members$without$
any$duplication$of$the$work.$

Example:
Selected/
Question/ MECE/issue/tree/ hypotheses/

By$putting$pressure$
on$government$in$
How$to$reduce$supply$in$
growing$countries,$
growing$countries?
drug$problems$can$
be$reduced
How$to$reduce$$ How$to$stop$drugs$in$
supply$for$drugs transit?
By$increasing$the$
How$to$ punishment$for$
How$to$stop$distribution$in$
reduce$ distributing$drugs,$
user$countries?
the$ problems$can$be$
quantity$ reduced
of$drug$ How$to$help$users$
use? recognize$the$real$costs?
By$increasing$the$
How$to$reduce$
How$to$punish$users$ punishment$for$using$
demand$for$
more? drugs,$problems$can$
drugs?
be$reduced
How$to$reduce$perceived$
How$can$drug$ benefits$of$users?
problems$be$
reduced?
How$to$improve$antiO
How$to$help$ addiction$treatments?
users$recover$
By$handing$out$clean$
from$drugs? How$to$improve$ needles,$drug$
rehabilitation$? problems$can$be$
reduced
How$to$ How$to$make$drugs$
reduce$ healthier$and$safer?
the$ How$to$reduce$
By$developing$a$
impact$ the$dangers?
How$to$encourage$switch$ new,$healthier$drug,$
of$drug$
to$less$harmful$drugs? drug$problems$can$
use?
be$reduced

How$to$make$
How$to$reduce$ precautionary$actions?
sideOeffect$(e.g.$
gangs,$crime)? How$to$help$drugOusers$
back$from$sideOeffects? 4
Problem$Solving$Methodology

SCQA

The$SCQA$is$probably$the$most$frequently$used$case$
1 Situation
cracking$tool.$It$works$well$both$as$a$tool$to$understand$the$ Set,the,scene
context,$challenges$and$key$question$of$the$case,$but$also$
as$a$communication$tool$to$make$a$good$executive$
2 Complication
summary.$We$recommend$that$the$team$does$the$SCQA$
Describe,the,problem
right$after$reading$the$case.$A$good$tip$is$to$first$do$it$
individually$and$then$as$a$group$to$ensure$independent$
3 Question
thinking$and$maximize$chances$of$getting$it$right.$
Make,it,clear,what,you,solve

The$importance$of$the$SCQA$cannot$be$overstated:$having$
the$right understanding$of$the$company$and$solving$the$right, 4 Answer
problem$is$a$must$in$order$to$win$a$case$competition.$$
Present,your,recommendation

Example/of/SCQA

• We$possess$a$number$strongholds$today$which$have$been$the$backbone$of$our$
performance,$namely
– (see$exhibit$1)
Situation
– (see$exhibit$2)
– (see$exhibit$3)

• However,$lately$performance$has$been$declining$…$due$to
–…
Complication
– …$
– …,$having$resulted$in$unsatisfactory$sales$and$profit$performance,$as$well$as$…

• There,$the$key question we have$to$answer is…$ Question

Focus/on/XYZ/will/be/essential/to/our/future/success

• Several$possible$directions$have$been$considered$and$matched$with$current$
business$strengths
–…
– …$ Recommen
–… dation
• Given$our$current$business$strengths,$our$future$goal$should$be
–…
–…
–…
• We$will,$therefore,$build$up$our$business$model$around$…

5
Problem$Solving$Methodology
An,Approach,to,
Case,Cracking
Backward/case/cracking/approach

Another$approach$to$case$cracking$is$to$push$your$team$to$select$a$solution$very$early$in$the$process.$
This$allows$for$the$the$majority$of$the$time$being$spent$on$building$a$solid$argumentation$and$obtaining$
depth$in$the$solution.$The$team$starts$by$doing$the$SCQ$to$narrow$down$the$context$and$case$question.$
Directly$thereafter,$the$team$initiate$a$thorough$brainstorm$on$recommendations$to$get$all$ideas$on$the$
table.$After$this,$the$team$narrows$down$the$solution$primarily$based$on$business$logic,$only$making$
strictly$necessary$analysis$and$check$ups$with$data$outside$of$the$case.$Using$this$approach$a$team$
can$settle$on$a$solution$within$the$first$4O6$hours.$This$makes$the$majority$of$the$time$available$to$build$
the$argumentation$for$the$chosen$solution,$limiting$time$spent$on$other$options$that$won’t$be$presented$
anyway.$

Based$on$business$
logic$and$limited$data

Case$ Brainstorm$ Select$


Build$Argumentation
question Solutions Solution

Comparison/of/the/two/problem/solving/approaches/

Keep$in$mind$that$there$is$no$“correct”$solution$in$case$competitions,$just$as$in$real$world$consulting.$
Therefore,$an$extra$hour$spent$analyzing$your$way$to$the$optimal$solution$might$sometimes$be$better$
spent$on$building$your$argumentation.$The$upside$here$is$clear:$The$extra$time$allows$you$to$obtain$
more$depth$in$your$solution$and$strengthen$your$arguments.$However,$selecting$your$solution$based$on$
less$data$points$and$analysis$implies$the$risk$of$uncovering$contradicting$data$points$on$a$later$stage.$
Here$you$face$the$choice$of$“making$it$fit”$or$changing$your$solution$and$losing$time.$The$approach$is$
often$useful$in$case$competitions,$since$the$strict$time$pressure$does$not$allow$for$a$full$analysis$of$all$
relevant$alternative$solutions.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Hypothesis$Driven$Problem$Solving

Backward$case$Cracking$Approach

Time$spent$deciding$on$solution Time$spent$building$argumentation Illustrative

6
Structured$and$Effective$
Communication

Storylining
When$building$slides,$action$titles$are$the$foundation$of$your$communication.$Action$titles$summarize$
the$key$message$of$the$slide$in$as$short$a$manner$as$possible.$An$action$title$differs$from$a$regular$
headline,$as$it$provides$a$complete,$sensible$argument$that$would$work$outside$the$context$of$the$given$
slide.$The$idea$of$“storylining”$is$that$a$list$of$the$action$titles$should$work$as$a$script$that$stands$on$its$
own$and$summarizes$your$story.$You$can$think$of$the$action$titles$as$collectively$forming$an$“elevator$
speech”$of$the$case$solution.$It$is$a$way$to$structure$key$messages$and$ensure$consistent$
communication.

1 2 3 4 5
Front$page By$focusing$on$ Changing$competitive$ To$successfully$ Simplicity$has$defined$
simplicity,$flexibility$ landscape$and$ compete,$the$client$ other$industries$for$years$
and$transparency,$the$ unsatisfied$customers$ must$develop$a$simple$ and$the$client$must$
client$can$reduce$ put$the$client$under$ platform$that$provides$ leverage$the$same$
churn$rates$and$grow$ pressure$across$all$ flexibility$and$enhances$ simplicity$platform$in$their$
revenue$from$2018 product$categories transparency value$proposition

6 7 8 9 10
Flexibility$to$tailor$ Transparency$in$pricing$ Employing$a$risk$ Simplicity,$flexibility$and$ We$recommend$to$
individual$services$will$ solves$a$central$ mitigating$strategy$will$ transparency$improve$ reconnect$with$
enable$the$client$to$ challenge$for$the$client$ maximize$revenue$ customer$satisfaction$ customers$by$building$a$
provide$customers$ and$facilitates$an$ potential$while$reducing$ and$decrease$churn,$ simple$platform$that$
exactly$what$they$want,$ improving$customer$ risk resulting$in$strong$top$ allows$for$service$
thereby$decreasing$churn satisfaction line$growth$by$2018 flexibility$and$price$
transparency

NB:,Illustrative,example,,only

Dot/* Dash
The$DotODash$is$a$helpful$tool$to$structure$your$presentation$that$incorporates$storylining.$The$idea$is$to$
write$out$the$key$messages$with$supporting$arguments$for$each$slide.$A$bullet$point$(dot)$represents$the$
headline$of$a$slide$and$a$hyphen$(dash)$represents$a$supporting$argument/data$point.$We$recommend$
that$you$make$a$DotODash$after$you$have$settled$on$a$solution.$By$using$the$DotODash$you$will$structure$
all$of$your$key$messages$into$a$coherent$story$right$from$the$start$in$a$way$that$easily$allows$for$
delegation$of$work.

Example/of/a/Dot*Dash

• We$possess$a$number$strongholds$today$which$have$been$the$backbone$of$our$performance,$namely
– High$customer$loyalty$(customer$survey$with$churn$rates)
– Low$production$cost$(graph$for$comparative$variable$cost$across$competitors)
– High$brand$awareness$(customer$survey$with$brand$awareness)
See7SCQA7example7on7page757for7more

7
Structured$and$Effective$
Communication

Storyboarding
The$storyboard$is$a$translation$of$the$DotODash$into$slides$and$a$tool$for$putting$a$presentation$together$
in$an$efficient$way.$You$draw$up$the$slides$on$a$white$board$with$action$titles$(dots)$and$then$visualize$
the$supporting$arguments$(dashes).$Visualizing$ideas$and$arguments$on$slides$requires$a$lot$of$practice$
and$therefore$it$makes$sense$do$to$this$together$as$a$team$to$help$each$other$out.$Typically,$some$team$
members$are$better$than$others$at$slide$production,$and$storyboarding$can$help$leverage$the$strengths$
of$different$team$members.

Example/of/a/storyboarding

Situation$points (Supporting$situation$ Complication$points (Supporting$


slides) complication$slides)
•… •…
•… •…
•… •…

Recommendation… 1.$… 1.a.$… 1.b.$…


100
1. … a. … 80
60
2. … b. … 40
20
3. … c. … 0
1./kvt.2./kvt.3./kvt.4./kvt.

1.c.$..... Resolution$main$ 2.$… 2.a.$…


… points
… a. …
1. …
… b. …
… 2. …
… c. …
… 3. …

Tell/what/you/want/to/tell/them,/then/tell/them,/
and/then/tell/them/what/you/just/told/them/
To$win$a$case$competition,$you$have$to$communicate$your$findings$
effectively.$We$recommended$that$a$brief$outline$of$the$solution$is$first$
presented$after$which$the$actual$solution$is$presented.$When$the$
solution$is$presented,$it$is$recommended$that$a$concluding$synthesis$of$
the$solution$is$included.$$

8
Structured$and$Effective$
Communication

The/Pyramid/Structure
The$pyramid$structure$is$a$principle$of$how$to$structure$communication$and$thinking.$The$idea$is$to$first$
summarize$the$conclusion$and$then$present$the$supporting$arguments.$Optimally,$this$should$be$done$
following$the$MECE$principle.$Breaking$thoughts$down$in$this$way$has$proved$to$be$the$most$logical$
way$and$makes$it$easier$to$understand$for$the$receiver.$Primarily,$there$are$two$ways$of$presenting$
arguments,$namely,$the$inductive$reasoning$structure$and$the$deductive$reasoning$structure.$Generally,$
inductive$is$preferred$as$it$is$easier$to$follower,$but$deductive$is$very$useful$when$making$a$
controversial$point.

A The/Pyramid/Structure B Two/main/ways/of/presenting/arguments

• Give$answer$upfront
S
• Easier$to$group$thoughts
C • Easier$overview$for$the$
Q receiver
A
Top Inductive$
reasoning$structure
Down

• If$receiver$might$
disagree$upfront
• If$receiver$needs$basic$
understanding$before$
• Summarizes$first conclusion$/$
• Easier$for$the$receiver$to$digest$– does$not$ recommendation
Deductive$
have$to$look$for$the$pattern
reasoning$structure
• Structures$in$the$most$logical$order

Example/of/deductive/structure//– argument

You$must$change

Statement Cause/why? How?


Here$is$what Here$is$what Thus,$here$is$what$
is$going$wrong is$causing$it you$should$do

Example/of/inductive/structure/– grouping

You$must$change

Why?
How? Do$A Do$B Do$C

9
Fundamentals$of$Slide$Production

Building/blocks/of/a/case/competition/slide/
Every$slide$should$serve$one$of$the$following$three$purposes:$1)$Communicate$a$set$of$key$implications$
or$facts.$2)$Guide$the$audience$through$different$analyses$or$create$a$logical$transition.$3)$Drive$
towards$recommendation.$Below$we$give$an$example$of$how$to$structure$a$slide.

Transparency in$pricing solves a$fundamental$problem$for$the$ Client Logo


Always$
Action$title$ client and$facilitates an$improving customer satisfaction include$the$
conveys$ logo$of$the$
the$key$ case$
In/the/telco industry/60%/of/customer/ This/is/a/central/problem/for/the/client,/but/is/ company
message$
inquires/concerns/billing/issues/ solved/with/transparent/pricing
of$the$slide
Customer Recommendation Billing$easy to$understand
complaints score O18
Transparent$pricing
100% 8% 100% 100 Highlight$
Key$ 13% 76 73 75 70 important$
60% 66
takeaway$ 55 aspects$of$
of$graph$is$ 50% 50 the$data
told$in$the$
header
0% 0
Billing$ Installation$ Other Total$ TDC Telia Telenor
Use$of$ issues problems inquires
graphics$to$ Especially for/the/client,/price transparency is/a/
Customers in/the/telco industry face severe weak spot
enhance$ difficulty in/understanding their bills • Transparency reamins an$obvious lever$for$
communiO • Why are some calls free when others are not? customer satisfaction Tracker$to$
cation • Why am$I$charged extra for$this particular • Quick wins are realizable even if help$
service? performance$is$only increased to$peer$levels guiding$the$
audience$

Executive Insights Solution Impact Summary

Slide/writing/
commandments/

•Synthesis:$Synthesize$many$analyses$into$one,story$
•Accuracy:$Use$precise,$clear$communication$with$no$ambiguity
•Transparency:$Transparent$logic$and$connection$between$data$and$conclusion
•Impact:$Highlight$key$implications$and$explain$the$insights
Design/principles/ •Context.$Tell$the$story$that$addresses$your$audience's$concerns,$not$your,story

•Show$it,$don't$tell$it$– a$figure$is$worth$a$thousand$bullets
•Less$is$more$– design$your$slides$for$quick$reading
•Keep$focus$on$what$is$important$O avoid$excessive$use$of$colors
•Focus$on$one$key$message$per$slide
Text/or/graphs?/

•Qualitative$information$! Text$slide$with$supporting$visuals
•Quantitative$information$or$relationship$! Graph
•When$details$are$demanded$!Table$or$matrices
•Clear$graphics$to$support$conclusion,$explicit$text$to$explain$insight

10
Fundamentals$of$Slide$Production

The/major/elements/of/a/case/presentation
There$is$no$formal$"right"$way$of$structuring$a$case$presentation.$However,$most$presentation$include$
an$executive$summary,$analysis$providing$key$insights,$elaboration$of$proposed$recommendations,$
financial$impact,$risk$assessment,$implementation$plan$of$the$solution$and$a$summary.$Below$you$will$
find$one$example$of$how$to$structure$a$slide$deck

•Set$the$stage$and$tell$them$what$challenge$you$are$solving
"Executive$
•Tell$the$recommendation$and$its$impact$up$front
summary"
•Tool:$SCQA$– 1O2$Slides

•Identify$the$subOproblem$and$what$is$causing$it
”Key$insights" •This$part$should$drive$towards$your$recommendation
•2O4$slides

•Detailed$description$of$each$of$your$recommendations
"Recommendation" •Body$of$the$case$deck$– clear$communication$is$key
•2O5$slides

•What$is$the$implementation$strategy$and$what$are$the$risks?
"Impact,$risk$and$ •What$is$the$impact?$Show$that$you$solve$the$problem!
implementation" •3O4$slides

•Synthesize$solution$with$context$created$in$the$executive$
"Summary" •A$catchy$ending$with$a$call$to$action
•Less$than$1$minute$– 1$slide$only

11
Team$Management

Time/management/
In$this$case$competition,$you$have$24$hours$O make$sure$that$every$hour$counts.$While$a$rigid$and$
inflexible$plan$is$not$recommended,$it$is$however$recommended$that$broad$lines$for$the$24$hours$are$
established.$Based$on$our$experience,$we$consider$the$following$setup$as$a$comprehensive$framework$
for$managing$the$time$using$the$backward$case$cracking$approach,$but$you$should$employ$the$approach$
that$you$find$the$most$optimal.$

Read$the$case
Build$your$slide$deck.$This$is$the$core$of$the$process,$
and$it$is$important$that$delegation$of$work$is$
Brainstorm$ Create$the$ Create$the$
combined$with$regular$checkOins$to$ensure$that$
solutions DotODash storyboard
everyone$are$aligned.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Do$the$SCQ$first$ Narrow$down$ Rehearse,$proofO


individually$and$ and$settle$on$ read/align$slides$and$
then$as$a$team solution build$backOup$slides

Team/Roles/
It$helps$the$productivity$of$the$team$to$give$each$team$member$an$area$of$responsibility.$We$have$
outlined$the$roles$that$a$team$typically$has$below.$In$addition$to$these,$it$is$advisable$to$have$a$
“slidemaster”$– a$person$who$is$responsible$for$fixing$and$aligning$the$slide$deck$in$the$final$hours$of$
case$cracking.$This$is$typically$the$person$most$comfortable$with$slides$and$PowerPoint.

Time/Manager Marketing
• Ensures$that$the$team$is$on$ • Focus$on$the$marketing$
track aspect$of$the$solution
• Has$an$overview$of$what$
everybody$is$doing

Analyst Financials/
• Focus$area$is$find$key$ • Responsible$for$finding$
insights$ financial$impact$of$solution
• Usually$conducts$ • Usually$also$takes$key$risks$
quantitative$analyses$ and$implementation

12
An$Approach$to$Productive$
Teamwork

Everybody/should/be/aligned/at/all/times
A$key$criteria$for$having$a$productive$team$is$that$everybody$knows$what$to$do$at$all$times.$Wasting$time$
on$doing$the$wrong$task$or$simple$not$knowing$what$to$do$about$a$certain$slide$or$analysis$is$detrimental$$
to$the$whole$team$and$should$therefore$be$avoided.$By$doing$the$DotODash$and$storyboard$you$will$
already$be$a$long$way$towards$avoiding$waste.$The$tools$create$a$clear$structure$and$provide$everything$
needed$for$slide$production.$However,$something$unexpected$might$come$up$after$deeper$analysis$which$
changes$the$plan$you$have$made.$In$this$case,$the$individual$team$member$should$notify$the$others$so$
that$the$team$can$find$a$solution$together$and$change$the$DotODash$and$storyboard$accordingly.$If$
individual$team$members$start$making$changes$without$involving$the$others,$you$cannot$ensure$that$the$
slides$fit$together$in$a$coherent$storyline$in$the$end.$

Establish/rules/for/conflicts/beforehand
Avoiding$conflicts$is$of$course$preferable,$but$due$to$the$extreme$time$pressure$and$high$stakes,$conflicts$
often$take$place$while$case$cracking.$Therefore,$it$is$important$that$you$mitigate$the$negative$impact$it$
can$have$by$setting$up$rules$for$handling$such$situations$beforehand.$For$example,$it$is$common$that$
team$members$have$different$views$on$which$solution$to$go$with.$If$three$team$members$want$solution$A,$
but$the$last$team$member$firmly$believe$solution$B$is$the$the$right$way,$then$a$rule$could$be$give$the$
person$5$minutes$to$present$her$arguments.$If$the$team$member$is$not$able$convince$at$least$one$of$the$
other$team$members,$then$the$solution$is$voted$out$and$must not$be$brought$up$again.$Such$simple$rules$
can$avoid$conflicts$and$save$time$during$the$case$cracking.

Practice,/practice,/practice
No$team$will$learn$how$to$work$productively$without$practicing$together$a$few$times.$While$practicing,$
your$team’s$weak$spots$will$clearly$show$and$this$will$give$you$the$chance$to$fix$it$before$the$real$
competition.$We$recommended$that$you$make$a$practice$run$where$you$go$through$the$whole$process$so$
that$everybody$is$familiar$with$it.$

Have/fun!/
It$is$an$advantage$also$to$have$fun$while$doing$the$case$cracking.$It$makes$the$process$more$enjoyable,$
but$it$is$also$important$to$allow$for$creative$brainstorming,$which$is$critical$for$your$final$product.$Most$
often$it$is$the$team$with$the$best$idea$that$wins$the$competition,$therefore$this$should$not$be$overlooked.$
We$recommend$that$you$do$some$social$activities$on$the$side$of$case$cracking$if$you$do$not$know$each$
other$well$beforehand.$This$will$improve$your$team$dynamics.$

13
7$Guiding$Principles$to$Win$a$
Case$Competition

1 Don't/boil/the/ocean/
When$solving$a$case,$it$is$easy$to$identify$an$
insurmountable$number$of$analyses,$which$
could be$relevant.$A$guiding$principle$that$
enables$teams$to$develop$insightful$analyses,$
while$balancing$time$and$effort$is$the$concept$of$
the$80/20$rule$O also$known$as$the$Pareto$rule.$It$
states$that$80%$of$the$answer$lies$in$20%$of$the$
data.$In$other$words,$if$you$need$a$cup$of$boiled$
water,$you$can$either$boil$the$ocean,$or$you$can$
take$a$cup$of$water$and$then$boil$it.

2 Don't/be/afraid/to/make/assumptions/
Don't$be$afraid$to$make$assumptions:$Remember$that$the$teams$have$24$hours$to$solve$the$case,$
make$the$slide$decks$and$write$the$executive$summary.$It$is$important$to$avoid$being$caught$up$in$the$
details$that$exactly$makes$your$financial$impact$estimate$reach$that$last$decimal$point.$However,$while$
it$is$highly$recommended$to$make$assumptions,$it$is$just$as$important$to$explicitly$state$the$
assumptions,$be$able$to$defend$them,$and$to$explain$how$you$reach$your$conclusions.$

3 Make/a/compelling/story/
The$biggest$difficulty$of$a$solid$case$solution$is$to$convert$the$analysis,$recommendations$and$impact$
into$a$compelling$story.$There$are$different$ways$to$make$a$compelling$story$where$the$teams$take$the$
audience$on$a$journey,$so$creativity$is$an$important$factor.$Generally,$a$good$story$has$three$
characteristics.$First,$it$is logical, meaning$that$the$structure$and$sequence$of$slides$should$be$united$
by$a$logical$thread.$Second,$it$is$compelling,$meaning$that$it$explores$a$topic$rather$than$walks$the$
audience$through$a$set$of$analyses.$Third,$it$should$be$audience,appropriate,$meaning$that$its$length,$
level$of$detail$and$content$should$be$tailored$to$the$audience.

4 Remember/your/audience

Keep$in$mind$throughout$the$whole$process$that$the$judges$will$consist$of$representatives$from$the$
case$company$as$well$as$the$other$partner$companies.$It$is$valuable$to$consider$what$they$will$be$
looking$for$in$the$winning$solution.$While$this$can$be$hard$to$predict,$it$can$give$some$insights.$For$
example,$it$is$unlikely$that$the$case$company$is$looking$for$business$as$usual.$Often$they$see$a$case$
competition$as$a$source$of$inspiration$and$is$looking$for$new$good$ideas.$Also,$remember$that$the$
judges$are$regular$people.$It$matters$whether$they$find$your$presenting$style$trustful$and$convincing.$
Furthermore,$if$you$know$which$company$they$are$representing,$you$can$tailor$your$Q&A$answers$
towards$their$expertise.$ 14
7$Guiding$Principles$to$Win$a$
Case$Competition

5 Have/the/winning/criteria/in/mind/
With$only$24$hours$to$solve$the$case,$you$want$to$ensure$that$you$always$
have$the$winning$criteria$in$mind.$Overall$you$are$evaluated$both$on$the$
content$of$your$solution$and$the$presentation$of$it.$On$the$content$side,$
things$such$as$creativity,$realism,$applicability,$strategic$fit,$risks,$and$return$
on$investment$counts.$On$the$presentation$side,$focus$is$on$both$the$design$
and$structure$of$the$slides$and$on$the$oral$presentation$where$evaluation$
criteria$contains$e.g.$body$language,$voice,$eye$contact$and$appearance.

6 Set/SMART/goals/and/ask/SMART/questions
When$solving$a$case,$you$will$almost$always$need$to$set$goals$and$define$problem$statements.$These$
all$need$to$put$focus$towards$the$company’s$needs,$reflect$the$main$challenges$and$point$towards$the$
necessary$analyses.$A$way$to$ensure$this$is$by$using$the$criteria$of$the$SMART$framework:$Specific,$
Measurable,$Achievable,$Relevant$and$TimeObound.$If$a$goal$or$problem$statement$does$not$live$up$to$
these$criteria,$it$probably$suffers$from$irrelevance$or$ambiguity.$The$SMART$framework$is$often$used$
in$a$business$or$management$setting,$but$applies$to$problem$solving$in$general.

Not7SMART7Problem7Statement/goal SMART7Problem7Statement/goal
Business7
setting

How,can,Pandora,increase,revenues,in,
What,should,Pandora,do,in,Latin, Latin,America by,15%,annually,between,
America? 2016,and,2018,,while,retaining,current,
profit,margins?
Everyday7
setting

Complete,the,BRM,exam,before,January,
Do,well,in,school.
2019,and,receive,at,least,a,7,grade.

7 Stand/out/from/the/crowd/
With$more$than$hundred$of$the$nation's$brightest$students$participating$in$the$IB Case$Competition,$
you$want$to$stand$out$from$the$crowd.$You$can$do$this$in$one$of$four$ways.$First,$you$can$help$your$
audience$believe in$your$story,$which$can$be$achieved$through$the$use$of$such$things$as$inspirational$
quotes.$Second,$you$want$the$audience$to$remember you,$which$can$be$achieved$through$e.g.$the$use$
of$humor,$catchy$punch$lines$or$a$sticky$metaphor.$Thirdly,$you$want$to$interact with$your$audience$
which$can$be$done$though$rhetorical$or$provocative$questions.$Fourth$and$finally,$you$want$to$move
your$audience,$which$is$most$easily$done$through$e.g.$the$use$of$personal$anecdotes$or$feelings.$

15
Authored/by
Ricco$Hansen

Building,on,previous,work,by,Christoffer Breum Nielsen,&,Jakob,Lyngsø Jørgensen


Thanks,to,Sophus,Rosendahl,for,feedback,and,editing,,

Common questions

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Storyboarding translates the Dot-Dash structure into slides and allows visualizing ideas and arguments effectively. It promotes collaboration among team members, helping those better at slide production to visualize concepts, enhancing coherence and ensuring the storyline is communicated effectively .

Successful team dynamics in case competitions are fostered by clear role assignments, maintaining alignment through tools like Dot-Dash and storyboard, and establishing pre-set rules for conflict resolution. Additionally, frequent practice, ensuring everyone knows their role, and enjoyable activities to enhance team bonding are essential .

Teams can stand out by crafting a narrative that engages the audience, utilizing humor or catchy metaphors to enhance memorability, interacting with the audience through thought-provoking questions, and evoking emotions with personal anecdotes. Tailoring presentations to judges’ preferences and demonstrating creativity and applicability in solutions further differentiate a team .

The backward case-cracking approach involves selecting a solution early and focusing efforts on building a solid argumentation. This strategy is beneficial under time constraints as it allows in-depth exploration of chosen solutions and thorough preparation of supporting evidence. However, it risks overlooking alternative solutions or encountering contradicting data later .

The Dot-Dash method organizes key messages and supporting arguments effectively, ensuring coherent storylines. By adopting this method after finalizing a solution, teams can delegate work efficiently and create presentations that clearly convey the core messages with supporting data, enhancing the overall quality and persuasiveness .

The SMART framework is crucial in setting goals for case competitions as it ensures goals are specific, measurable, achievable, relevant, and time-bound. This criterion helps in focusing efforts on the company’s main challenges and directs analyses for efficient problem-solving. Without SMART goals, objectives may suffer from irrelevance or ambiguity .

The SCQA framework helps craft compelling executive summaries by requiring teams to set the scene (Situation), describe the issue (Complication), clarify the problem (Question), and present recommendations (Answer). This structured approach ensures clarity and a logical flow of ideas, making it easier for decision-makers to understand the core message quickly .

The hypothesis-driven approach is advantageous due to its focus and efficiency, as it involves forming falsifiable hypotheses and analyzing only relevant data. However, it requires a robust framework for testing hypotheses, and if not managed well, unfalsifiable or irrelevant hypotheses may lead to misdirection. Additionally, the approach may not fully explore alternative solutions .

The MECE (Mutually Exclusive, Collectively Exhaustive) framework enhances problem-solving by ensuring no possible solutions are missed and that work streams can be distributed among team members without duplication. By structuring issue trees in a MECE manner, complex problems are broken down into manageable sub-issues, which collectively exhaust the solution space without overlapping .

Simplicity, flexibility, and transparency positively influence client satisfaction by making a company’s offerings easier to understand and engage with. Simplified platforms, custom services, and transparent pricing build trust and meet customer needs effectively, thus reducing churn and driving revenue growth .

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