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How could I answer the question on how you will collect the data on X?

Hi to all!

I was asked the question during the case: How you will collect the data on X?

How could I structure it and brainstorm solutions that are relevant for the consulting? Then, should I prioritize options? Based on what criteria?

Hi to all!

I was asked the question during the case: How you will collect the data on X?

How could I structure it and brainstorm solutions that are relevant for the consulting? Then, should I prioritize options? Based on what criteria?

1 answer

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Hi,

Typically it's a question on creativity. Broadly I would look at the 2 buckets:

  • Descktop methods (databases, researches, Investment professionals, industry experts)
  • Field methods (IT systems, observations, personal interviews, paperwork, etc)

In a more narrow situation (for example collecting the data on a particular plant) - I would look at the following:

  • IT system
  • Accounting paperwork
  • Interviewing the manager
  • Data from 3rd parties (suppliers, distributors)
  • Photo of the day (Stopwatch observations)
  • Safety journals
  • Safety / quality standards

Good luck!

Hi,

Typically it's a question on creativity. Broadly I would look at the 2 buckets:

  • Descktop methods (databases, researches, Investment professionals, industry experts)
  • Field methods (IT systems, observations, personal interviews, paperwork, etc)

In a more narrow situation (for example collecting the data on a particular plant) - I would look at the following:

  • IT system
  • Accounting paperwork
  • Interviewing the manager
  • Data from 3rd parties (suppliers, distributors)
  • Photo of the day (Stopwatch observations)
  • Safety journals
  • Safety / quality standards

Good luck!

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