- The selected firm (Arabian Pipes Co.)
- Seek out a challenge confronted by this firm on a project or a program of projects.
- Propose an innovative solution. Argue about the expected benefits resulting from this solution.
- Try to quantify a bit your arguments. Don’t keep them at the intuitive level only.
- Download from Internet, use Annual Reports or find elsewhere financial data for 5 years if possible.
- Perform Ratio Analysis or equivalent to assess the health status of your firm.
- Assess the performance of the firm; its Strengths and Weaknesses from your point of view.
- Use common sense and sound judgment to propose a set of recommendations for improvement.
- Objectives of the Case Write-up:
- Identify a problem as a consultant
- Retrieve real time financial data. You can use Tadawul website to get data for corporation.
- Practice communication skills both in writing (through structuring ideas and solution rigorously, concisely and clearly) and in speaking (through giving a PowerPoint presentation).
- Enhance teamwork/ class critical thinking and discussion.
In defining the problem:
- Tend to focus narrowly in defining the problem; overlook larger setting of minor issues.
- You can validate your perception of the problem by some colleagues or even some protagonists if you can afford it.
In carrying analysis:
- Run numbers & get to the heart of the problem.
- Don’t make unimportant calculations to impress. Go to the business issue quickly.
- Take a stand. Have your own point of view. Wear the hat of an executive who must do something in response to a problem.
- Don’t exercise the spectator sport: the habit of absorbing what others say fail miserably to be trained as a leader.