Students of management courses like MBA or dissertation candidates in finance will find great value in doing case studies in management. They should ideally target the studies of a company that is going through an upheaval or has recently survived a crisis of some kind. That will teach them a lot about how management copes with difficult situations and what kinds of strategies they used to deal with it.
The management students should analyse what types of crisis were faced by the company. Companies face challenges from labour unions, economic situations, political situations, regulatory authorities, demand and supply for their products and the policies of their competitors. The students should look at all these aspects and judge how the company was affected by each of them.
They should then take each problem and analyse how successful the decisions of the management with response to each of these situations was. Did they get their decision making right the first time, or did they have to rework their strategies on the second or third attempt to get it right? During the time of the crisis, what was the balance sheet of the company like? Did they make a lot of losses or were they able to stay in “black”? If the company did make losses, how long did it take for them to get back to a profit making situation.
There are many questions that can be asked of how a company functions and the role of management in it. Doing case studies on such issues will teach management students a lot about their subject and its applicability in real life.
Post your Queries in the comments or Reach us at firstname.lastname@example.org