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Develop Hypothesis

hypothesis issue tree MECE Issue Tree
Neue Antwort am 21. Feb. 2021
6 Antworten
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Anonym A fragte am 18. Feb. 2021

Global warming has reduced the snowfall by 50%. A skiresort is concerned about its business ? What should they do and why ? Use issue tree to develop hypothessis ?

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Henning
Experte
antwortete am 19. Feb. 2021
Bain | passed >15 MBB interviews as a candidate

Why don't you start with a very high level and MECE hypothesis, and then you can use that to further drive your brainstorming:

The resort should react by maximizing revenue from the core business, while investing to establish a profitable adjacency.

Then you can structure your thinking into two buckets and add detail to develop a stronger concept, some ideas:

  • Core business
    • Use snow cannons to extend skiing season as far as possible
    • Optimize pricing, as demand concentrates to fewer weeks in the year
    • Maximize occupancy in these weeks
  • Adjacencies
    • Develop concept for a value proposition during non skiing season (hiking vacations, spa, horseback riding, bird watching, etc)
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Francesco
Experte
Content Creator
antwortete am 19. Feb. 2021
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

What is the exact question you would like help with? Agree with Adi that if you can post your suggested approach that will be more efficient and you will get better feedback.

Best,
Francesco

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Adi
Experte
Content Creator
antwortete am 18. Feb. 2021
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Post your solution/approach here please & we can comment. Best way to learn.

Also search the Q&A forum broadly as there are many threads with plenty of tips & tricks.

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Ian
Experte
Content Creator
antwortete am 19. Feb. 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

It would be good to see your approach, from which we can comment/add. If you're really looking to develop your hypothesis-driven approach, nothing beats a one-on-one with a coach!

Hypotheses:

My view is that your framework is actually your hypothesis. It's a bit nuanced, but bear with me :)

Your framework is your structure for approaching the problem. It consits of a few main areas you'd like to look at. Inherent in your framework is a view that "If I answer A, B, and C, then we have an answer"

So, for market entry:

1) If the market is big, and it's growing, then we still want to considering entering

2) If #1 = yes, then let's see if it's attractive...can we win there? Is our product good/better than our competition's? Etc. If yes, let's definitely consider entering.

3) If #1 and #2 = yes, then, when we do enter, are we sure we can win? I.e. do we have the right plans. Will implementation actually pan out? Do we have the expertise, capital, etc.? In other words, if #2 is the thearectical, #3 is the reality.

Then, your summary becomes "I believe we should enter the market, if we can prove it's a good market, the it's attractive to us specifically, and that we will win it".

^Now this is a hypothesis...try it out with the prompt you've posted! :)

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Raj
Experte
Content Creator
antwortete am 21. Feb. 2021
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK

If you can share you structure for how you would approach this question, that would help to guide you on how to develop your hypotheses

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Clara
Experte
Content Creator
antwortete am 19. Feb. 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

Agree, why don´t you draft a preliminary version and then we can loop in?

Cheers,

Clara

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