SlideShare une entreprise Scribd logo
1  sur  9
Case Practice Workshop
Oct 26th
Agenda
• Recap of case commandments
• Last week recap
• Profitability Framework
• Profitability Case
• Behavioural interviewing
• Brainteasers
The Case Commandments
•   Listen to the Question
•   Take Notes
•   Summarize the question
•   Verify the objective(s)
•   Ask clarifying questions
•   Organize your answer
•   Hold that thought for “one alligator” – think before you
    speak
•   Manage your time
•   Work the numbers
•   Be coachable
•   Be creative and brainstorm
•   Exude enthusiasm and a positive attitude
•   Bring closure and summarize
Agenda for the series
• Market Estimation
• Profit Equation Analysis
  • Increasing sales / Decreasing costs / Improving profits
• Entering a new market or Adjacent market growth
  • Barriers to entry
• Marketing (4 P's, 3 C's)
  • Branding
• Growth of core business
  • Expansion strategy
  • Grow number of customers
  • Organizational scaling
  • International Expansion
• M&A synergies
PROFIT EQUATION
Profit Equation Framework
Profit = Total Sales – Total Revenues
                                         Price

                   Revenue                x
                                        Quantity


 Profits             –
                                         Fixed

                                                   Number of
                     Cost                 +          Units

                                        Variable      x
                                                   Cost/unit
Sample Case: Problem Statement
• A hospital group has been experiencing growing pains
 and has asked our firm for help.

• The hospital group originally consisted of one hospital and then it
  acquired 3 other hospitals, and its profits are going down.
• CEO of the main hospital changed; it was originally an MD doctor now
  it is a business experience MBA.
• No change in external market conditions
Exhibits
Recommendations
• Revenue decline because of lower number of patients
  with private insurance
• This is due to a change in perception of private physicians
  after management change



• The main hospital needs to establish strong relationship
  with the physicians
• Aggressively market the billing outsourcing service
• Reason: Increases profitability for physicians by 20%

Contenu connexe

Tendances

FOR SUCCESSFUL FULL BUSINESS
FOR SUCCESSFUL FULL BUSINESSFOR SUCCESSFUL FULL BUSINESS
FOR SUCCESSFUL FULL BUSINESSNIKET PATEL
 
B2B Price Guidance with Impact: putting the pieces together
B2B Price Guidance with Impact: putting the pieces togetherB2B Price Guidance with Impact: putting the pieces together
B2B Price Guidance with Impact: putting the pieces togetherIan Tidswell
 
Duke MEMP Consulting Club Case Interview Workshop Series 1
Duke MEMP Consulting Club Case Interview Workshop Series 1Duke MEMP Consulting Club Case Interview Workshop Series 1
Duke MEMP Consulting Club Case Interview Workshop Series 1dukemempcc
 
B2B Pricing Framework Elements
B2B Pricing Framework ElementsB2B Pricing Framework Elements
B2B Pricing Framework ElementsIan Tidswell
 
Tax & Accounting Essentials for Startups
Tax & Accounting Essentials for StartupsTax & Accounting Essentials for Startups
Tax & Accounting Essentials for StartupsLaura Faulconer
 
Accounting and tax essentials for startups
Accounting and tax essentials for startupsAccounting and tax essentials for startups
Accounting and tax essentials for startupstheGENERATOR
 
Selling Articles from Harvard Business Review
Selling Articles from Harvard Business ReviewSelling Articles from Harvard Business Review
Selling Articles from Harvard Business ReviewAshish Mathew
 
Mibpc2007 B Plan Presentation Template
Mibpc2007 B Plan Presentation TemplateMibpc2007 B Plan Presentation Template
Mibpc2007 B Plan Presentation TemplateRam Srivastava
 
Baby steps in valuation
Baby steps in valuationBaby steps in valuation
Baby steps in valuationHongChewEu
 
Baumols theory of sales maximization
Baumols theory of sales maximizationBaumols theory of sales maximization
Baumols theory of sales maximizationRudrarup Mukherjee
 
Meeting 10 - M&A (Financial Management)
Meeting 10 - M&A (Financial Management)Meeting 10 - M&A (Financial Management)
Meeting 10 - M&A (Financial Management)Albina Gaisina
 
The Big Lie of Strategic Planning
The Big Lie of Strategic PlanningThe Big Lie of Strategic Planning
The Big Lie of Strategic Planningmuhammad hamdi
 

Tendances (19)

FOR SUCCESSFUL FULL BUSINESS
FOR SUCCESSFUL FULL BUSINESSFOR SUCCESSFUL FULL BUSINESS
FOR SUCCESSFUL FULL BUSINESS
 
B2B Price Guidance with Impact: putting the pieces together
B2B Price Guidance with Impact: putting the pieces togetherB2B Price Guidance with Impact: putting the pieces together
B2B Price Guidance with Impact: putting the pieces together
 
Finance and Location Strategies
Finance and Location StrategiesFinance and Location Strategies
Finance and Location Strategies
 
Duke MEMP Consulting Club Case Interview Workshop Series 1
Duke MEMP Consulting Club Case Interview Workshop Series 1Duke MEMP Consulting Club Case Interview Workshop Series 1
Duke MEMP Consulting Club Case Interview Workshop Series 1
 
B2B Pricing Framework Elements
B2B Pricing Framework ElementsB2B Pricing Framework Elements
B2B Pricing Framework Elements
 
Tax & Accounting Essentials for Startups
Tax & Accounting Essentials for StartupsTax & Accounting Essentials for Startups
Tax & Accounting Essentials for Startups
 
Accounting and tax essentials for startups
Accounting and tax essentials for startupsAccounting and tax essentials for startups
Accounting and tax essentials for startups
 
Selling Articles from Harvard Business Review
Selling Articles from Harvard Business ReviewSelling Articles from Harvard Business Review
Selling Articles from Harvard Business Review
 
Profit maximization
Profit maximizationProfit maximization
Profit maximization
 
Mibpc2007 B Plan Presentation Template
Mibpc2007 B Plan Presentation TemplateMibpc2007 B Plan Presentation Template
Mibpc2007 B Plan Presentation Template
 
Baby steps in valuation
Baby steps in valuationBaby steps in valuation
Baby steps in valuation
 
Lesson 2 part 2 bcg and extra
Lesson 2 part 2 bcg and extraLesson 2 part 2 bcg and extra
Lesson 2 part 2 bcg and extra
 
Portfolio analysis business diagram
Portfolio analysis business diagramPortfolio analysis business diagram
Portfolio analysis business diagram
 
Baumols theory of sales maximization
Baumols theory of sales maximizationBaumols theory of sales maximization
Baumols theory of sales maximization
 
Cfd market indicators
Cfd market indicatorsCfd market indicators
Cfd market indicators
 
Meeting 10 - M&A (Financial Management)
Meeting 10 - M&A (Financial Management)Meeting 10 - M&A (Financial Management)
Meeting 10 - M&A (Financial Management)
 
The Big Lie of Strategic Planning
The Big Lie of Strategic PlanningThe Big Lie of Strategic Planning
The Big Lie of Strategic Planning
 
27022
2702227022
27022
 
Bcg matricx
Bcg matricxBcg matricx
Bcg matricx
 

Similaire à Duke MEMP Consulting Club Case Workshop Series 2

May 2012 - Marketing Roundtable - Eric Jacobson
May 2012 - Marketing Roundtable - Eric JacobsonMay 2012 - Marketing Roundtable - Eric Jacobson
May 2012 - Marketing Roundtable - Eric JacobsonAnnArborSPARK
 
Discountmanagementfinal
Discountmanagementfinal Discountmanagementfinal
Discountmanagementfinal ZulqernanePbc
 
5.4 sales force structure and compensation.pptx
5.4 sales force structure and compensation.pptx5.4 sales force structure and compensation.pptx
5.4 sales force structure and compensation.pptxRick Rasmussen
 
MEEA Technical Webinar: A New Approach to Estimating Free Ridership in Upstre...
MEEA Technical Webinar: A New Approach to Estimating Free Ridership in Upstre...MEEA Technical Webinar: A New Approach to Estimating Free Ridership in Upstre...
MEEA Technical Webinar: A New Approach to Estimating Free Ridership in Upstre...Midwest Energy Efficiency Alliance
 
Al-Tijaarat al-Raabehah - Financial Management Webinar
Al-Tijaarat al-Raabehah - Financial Management WebinarAl-Tijaarat al-Raabehah - Financial Management Webinar
Al-Tijaarat al-Raabehah - Financial Management WebinarAmmar Kanchwala
 
pricing_strategy.pptx
pricing_strategy.pptxpricing_strategy.pptx
pricing_strategy.pptxApeekKarkee
 
29.marketing strategies telecom
29.marketing strategies   telecom29.marketing strategies   telecom
29.marketing strategies telecomPankaj Soni
 
Increasing profitability through marketing.
Increasing profitability through marketing.Increasing profitability through marketing.
Increasing profitability through marketing.AsHra ReHmat
 
GAME PLANS TO MAINTAIN POSITIVE BUSINESS CASH FLOW?
GAME PLANS TO MAINTAIN POSITIVE BUSINESS CASH FLOW?GAME PLANS TO MAINTAIN POSITIVE BUSINESS CASH FLOW?
GAME PLANS TO MAINTAIN POSITIVE BUSINESS CASH FLOW?Arikrishnan Subramanian
 
Business studies review
Business studies reviewBusiness studies review
Business studies reviewSusan Hua
 
7 Steps to Maximize the Value of Your Business
7 Steps to Maximize the Value of Your Business7 Steps to Maximize the Value of Your Business
7 Steps to Maximize the Value of Your BusinessCBIZ, Inc.
 
Pricing Strategy for the third year- Updated.pdf
Pricing Strategy for the third year- Updated.pdfPricing Strategy for the third year- Updated.pdf
Pricing Strategy for the third year- Updated.pdfcharlesmartial77
 
Revision Webinar: Business Objectives
Revision Webinar: Business ObjectivesRevision Webinar: Business Objectives
Revision Webinar: Business Objectivestutor2u
 
Strategic Management chap05
Strategic Management chap05Strategic Management chap05
Strategic Management chap05Masroor Soomro
 

Similaire à Duke MEMP Consulting Club Case Workshop Series 2 (20)

May 2012 - Marketing Roundtable - Eric Jacobson
May 2012 - Marketing Roundtable - Eric JacobsonMay 2012 - Marketing Roundtable - Eric Jacobson
May 2012 - Marketing Roundtable - Eric Jacobson
 
Discountmanagementfinal
Discountmanagementfinal Discountmanagementfinal
Discountmanagementfinal
 
Discount management (final)
Discount management (final)Discount management (final)
Discount management (final)
 
5.4 sales force structure and compensation.pptx
5.4 sales force structure and compensation.pptx5.4 sales force structure and compensation.pptx
5.4 sales force structure and compensation.pptx
 
5k 100k presentation
5k 100k presentation5k 100k presentation
5k 100k presentation
 
MEEA Technical Webinar: A New Approach to Estimating Free Ridership in Upstre...
MEEA Technical Webinar: A New Approach to Estimating Free Ridership in Upstre...MEEA Technical Webinar: A New Approach to Estimating Free Ridership in Upstre...
MEEA Technical Webinar: A New Approach to Estimating Free Ridership in Upstre...
 
Al-Tijaarat al-Raabehah - Financial Management Webinar
Al-Tijaarat al-Raabehah - Financial Management WebinarAl-Tijaarat al-Raabehah - Financial Management Webinar
Al-Tijaarat al-Raabehah - Financial Management Webinar
 
The Bottom Line
The Bottom LineThe Bottom Line
The Bottom Line
 
Marketing ing.
Marketing ing.Marketing ing.
Marketing ing.
 
pricing_strategy.pptx
pricing_strategy.pptxpricing_strategy.pptx
pricing_strategy.pptx
 
Break even analysis
Break even analysisBreak even analysis
Break even analysis
 
29.marketing strategies telecom
29.marketing strategies   telecom29.marketing strategies   telecom
29.marketing strategies telecom
 
Increasing profitability through marketing.
Increasing profitability through marketing.Increasing profitability through marketing.
Increasing profitability through marketing.
 
GAME PLANS TO MAINTAIN POSITIVE BUSINESS CASH FLOW?
GAME PLANS TO MAINTAIN POSITIVE BUSINESS CASH FLOW?GAME PLANS TO MAINTAIN POSITIVE BUSINESS CASH FLOW?
GAME PLANS TO MAINTAIN POSITIVE BUSINESS CASH FLOW?
 
Business studies review
Business studies reviewBusiness studies review
Business studies review
 
7 Steps to Maximize the Value of Your Business
7 Steps to Maximize the Value of Your Business7 Steps to Maximize the Value of Your Business
7 Steps to Maximize the Value of Your Business
 
Pricing Strategy for the third year- Updated.pdf
Pricing Strategy for the third year- Updated.pdfPricing Strategy for the third year- Updated.pdf
Pricing Strategy for the third year- Updated.pdf
 
Revision Webinar: Business Objectives
Revision Webinar: Business ObjectivesRevision Webinar: Business Objectives
Revision Webinar: Business Objectives
 
Customer satisfaction
Customer satisfactionCustomer satisfaction
Customer satisfaction
 
Strategic Management chap05
Strategic Management chap05Strategic Management chap05
Strategic Management chap05
 

Duke MEMP Consulting Club Case Workshop Series 2

  • 2. Agenda • Recap of case commandments • Last week recap • Profitability Framework • Profitability Case • Behavioural interviewing • Brainteasers
  • 3. The Case Commandments • Listen to the Question • Take Notes • Summarize the question • Verify the objective(s) • Ask clarifying questions • Organize your answer • Hold that thought for “one alligator” – think before you speak • Manage your time • Work the numbers • Be coachable • Be creative and brainstorm • Exude enthusiasm and a positive attitude • Bring closure and summarize
  • 4. Agenda for the series • Market Estimation • Profit Equation Analysis • Increasing sales / Decreasing costs / Improving profits • Entering a new market or Adjacent market growth • Barriers to entry • Marketing (4 P's, 3 C's) • Branding • Growth of core business • Expansion strategy • Grow number of customers • Organizational scaling • International Expansion • M&A synergies
  • 6. Profit Equation Framework Profit = Total Sales – Total Revenues Price Revenue x Quantity Profits – Fixed Number of Cost + Units Variable x Cost/unit
  • 7. Sample Case: Problem Statement • A hospital group has been experiencing growing pains and has asked our firm for help. • The hospital group originally consisted of one hospital and then it acquired 3 other hospitals, and its profits are going down. • CEO of the main hospital changed; it was originally an MD doctor now it is a business experience MBA. • No change in external market conditions
  • 9. Recommendations • Revenue decline because of lower number of patients with private insurance • This is due to a change in perception of private physicians after management change • The main hospital needs to establish strong relationship with the physicians • Aggressively market the billing outsourcing service • Reason: Increases profitability for physicians by 20%

Notes de l'éditeur

  1. We will also have a few brainteasers every week
  2. Eg: Top Down: Pet accessory market, How many nails were painted in the city today? How many sandels are worn in the city?Bottom up: no og fire hydrants -> More of a city size question , How many manholes are there in the city? How many planes flew out of a city?