I am exploring how to adopt a hypothesis driven approach to make my structure more streamlined, logical, direct, and easy to understand. For instance, in a cost cutting case, my case partner advised me to directly mention “To cut cost, there are 3 alternatives to reduce cost. Let's test each hypothesis one by one”.
I had some confusion when I was doing another profitability case today. Most people would solve the case like: “the price has dropped 5% last year, let's look at internal (company / product) and external (client / competition) factors. Should I solve any case using the ”hypothesis led" method I mentioned in the first paragraph? (For instance in this case, “ revenue drop might be due to X,Y, or Z. Let's test the hypothesis one by one.”
In a nutshell, I am still not clear how to effectively incorporate a hypothesis led approach to solve any kind of case. Should I always use this method to solve ANY type of case? Or, in some cases, I should use the traditional “framework / bucket approach”? Appreciate your response!