Case studies is a part of your practical learning assignment when you enrol for higher learning. One could analyse the profitability of a particular firm through this method of studying or this could be taken up as a situation based project wherein you may need to conduct research and come to a conclusion based on your research. You may have to read different up a case study many times before coming to a conclusion. In order to understand issues that are faced by a company, you need to identify the factors that affect a particular firm.
Every specialisation of diploma courses after degree of graduation requires you to take on some practical assignment. Usually these are in the form of case studies, you would not only enjoy preparing the case study but also learn how to analyse and take decisions based on your research. Diploma program of post graduation recruit faculty members who can help you create these essential assignments. Let’s focus on certain steps that you would need to follow in order to analyse case studies. Diploma course after graduation are pertinent about practical training through assignments and workshops.
Step 1: Investigating issues related to the firm
The most important thing to do when creating a case study is investigating the issues related to problem you are studying. Sometimes, the industry’s past and present condition may be responsible for the issue. You may get a better understanding about critical issues by studying the timelines and the growth history of the firm.
Step 2: Understand the benefits and demerits of the firm
Have you ever sat down with a pros and cons list to assess whether the option would be good for you? By examining the strengths and weaknesses of the firm you would be able to decipher which functions work in favour for the company. This kind of analysis is called a partial SWOT analysis which involves understanding components such as strengths (S) and weaknesses (W) and external opportunities (O) and threats (T)
Step 3: Make an analysis
After you have understood the problems and situations you need to come up with the best solutions based on your findings. You can create strategies and thereby implement and evaluate organisational levels and hierarchy.
Step 4: Conclusion
After you have devised strategies you could make recommendations that would help the firm carry out their functions in an efficient manner. You could also provide alternative solutions along with statistical data for relevancy and substantiate your solutions.