P.L.M. Format for Case Analysis.pdfdfgdfsg
- 1. P.L.M. Format for Case Analysis Components / Elements / Parts I. Point of View II. Time Context III. Statement of the Problem IV. Statement of the Objectives V. Areas of Consideration VI. Assumptions VII. Alternative Courses of Action (ACA) VIII. Conclusion/Recommendation IX. Plan of Action I. Point of View -Any decision maker or person who is in the position to make the final recommendations as mentioned in the case. -It refers to the perspective of the decision-maker or person who is in the position to make the final recommendations as mentioned in the case. II. Time Context - It is the time when the situation is to be analyzed. - It can be an imaginary time or the last mentioned date in the case. - i.e. August 2024, 1st Quarter of 2023, year 2025 III. Statement of the Problem - The Statement of the Problem defines the perceived problem in the case which becomes the subject of the analysis. - It may be presented in declarative or question form. IV. Statement of the Objectives - These are the goals which the case analysis hopes to achieve. - The basically satisfy the test of SMART (Specific, Measurable, Attainable, Realistic, and Time-bound) V. Areas of Consideration - State the internal and external environment of the company/firm through SWOT (Strengths, Weaknesses, Opportunities, and Threats) Analysis. VI. Assumptions -Factors which are not clear or not specifically stated in the case but need to be clarified can be stated as assumptions to limit the analysis VII. Alternative Courses of Action (ACA) - These are the possible solutions to the problem identified. Each ACA must stand alone and must be able to solve the stated problem and achieve the objectives. Each ACA must be mutually exclusive, I.e., the student must choose an ACA to the exclusion of the others. -Each ACA must be analyzed in the light of the SWOT analysis and assumptions, if there are any. Advantages and disadvantages of each ACA should be clearly stated. If the case contains enough information/data, advantages and disadvantages should be supported quantitatively to minimize bias. VIII. Conclusion/Recommendation - Based on the analysis of the ACAs, the conclusion, recommendation/decision can be made. There is no need to repeat the analysis done in the ACA section of the analysis. - To make this part clearer, it is best to come up with a decision matrix. IX. Plan of Action - The plan of action delineates the series of actions to be undertaken to operationalize the adopted ACA. - To ensure that the analysis is done comprehensively, it would be best to program the plan according to the basic functional areas and to present the plan by having column headings for activity, person/unit responsible/ time frame, and budget.