I suggest the following approach for solving cases to my mentees.
Beginning. Ask insightful questions.
•Ask for client KPIs and targets
•Ask for limitations and bottlenecks (resources)
•Understand whether it is an industry trend (inside/outside company)
•Ask for other revenue streams
Structure. Decision-making strategy
•Give an overview of all branches of the structure, and then do deep-dives branch by branch (ask whether interviewer wants to prioritize any branch)
•When going from branch to branch, say: ”I want to look at this factor, because of X reasons…”
•Costs may be divided into VC/FC; value chain costs; income statement categories
•When you speak about a problem, tell the potential solution as well
•Recommendation: “Dear CEO, we recommend to do X by several reasons”
•However, we should take into account risks as well
•To complete the picture, it will be great to analyze/estimate/deep dive into X and Y
I hope it is helpful for you.
The file may be accessed with the following link:https://drive.google.com/open?id=1A0VLCOlZSfp1sH0nHXG9TbsPkKNR7wNJ
All the best,