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Before we look at individual Cases, it is important to begin by looking at analysis frameworks that commonly can be used to address Case Study questions.
However an interviewer could potentially ask you for a SWOT analysis, and you should be prepared to apply it in that case.
SWOT is effectively a quick, high-level market landscape/competitive dynamics analysis arranged using the following terminology: to other, related industries or sub-industries within the economy.
For example, a Company bringing a new product to market would require a market size analysis, competitor analysis, as well as understanding the key customer segments.
The more you practice, the easier the cases will become and the more articulate and structured you’ll be in your answers.
The frameworks will be helpful to answer certain types of cases, depending on the type of case.
In reality, few case interviews or real-life business situations cover just one concept or business problem, so you have to have the flexibility to apply a range of concepts/structures.
The “3 Cs” approach is to address any Case situation by assessing the: involved in a case (for example: how to increase sales resulting from any profitability optimization case, deciding on an approach to enter a market, etc.).
When combined with the 3 Cs, this framework can cover many topics and as you practice more Case Study questions, you’ll develop a better sense of when and how to draw from these frameworks.
However, be aware of the “famous” frameworks in case they are mentioned in an interview setting, and don’t be shy about referencing them as you dive into the specifics of the Case Study you’re evaluating.
Porter’s Five Forces has become an incredibly well known framework in the business strategy world. Porter’s Five Forces is a high-level framework that you can draw upon to perform a market landscape and competitor dynamics analysis.