My team and I participated at the annual Graziadio's VCLL Case Competition 2012 earlier today.
Case competition requires rigorous strategy setting and financial analysis, plus time management and persuasive presentation. But the impact of management decisions on all stakeholders- from investors to employees to the environment- takes center stage in the Values-Centered Leadership Lab, a student-driven organization at the Graziadio School of Business and Management (GSBM) that promotes hands-on leadership development and collaboration.
Though we didn't win the competition, here are some take aways from today:
- Since you have less than 2.5 hours, assign leads for Situational Analysis, Financials, Implementation and Recommendation...you will run out of time
- Start preparing presentation materials early
- Address alternative solutions...be mindful of the impact of current solution and be able to explain the opportunity cost of alternatives
- Prepare Risk Analysis Management
- Be clear about your strategy, communicate clearly what you propose to do when
- Include a PEST (Political, Environmental, Social & Technological) Analysis
- Include Porter's Five forces analysis
- Socially, Environmentally, and Ethically Responsible (SEER) Business Strategy Analysis
- Make sure to allow enough time for judges questions...Do not be defensive about your presentation!
- Know who you're audience is...assume it's the company in case study & address them accordingly
References:
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