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Impacts of COVID-19 on Country X's Economy - Recommended Structure

case structure
New answer on Dec 10, 2023
3 Answers
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Anonymous A asked on Dec 07, 2023

Hi all,

Recently I came across this question - prior to developing my structure:
(a) In terms of Economical Impacts, I'll be asking:
“Understand that our client wants to know the economical impacts on Country X. May I know what specific Economical Impacts we're looking into here, say, on Education, on Manufacturing, on Pharmaceutical etc?”

(b) Once we've identified the “targeted segments” for our objective, I'll be evaluating each segment in terms of “Short-term” and “Long-term” impacts

Would this structure seem to be too simple? Appreciate any feedback/comments from the community - thanks!

JJ

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Ian
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Content Creator
replied on Dec 08, 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

This isn't really a framework. It might be a way to approach a case as it evolves, but it's not a classic framework.

Rather, you could break it down into Individuals/Consumers and Industry/Business. Or, you could break it down to services and goods. Or, domestic vs. international/trade.

Multiple ways to do this, but it would depend on the exact prompt and how the clarifying questions unfold (I don't have enough info)

Please read the following to develop your frameworking further:

How to Shift Your Mindset to Ace the Case
 

Candidate-Led Cases: What to Expect With Example Cases

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Cristian
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replied on Dec 08, 2023
#1 rated MBB & McKinsey Coach

Hi!

It's a bit difficult to give you feedback at this granularity, but I want to note that it's great that you're starting by clarifying and defining what we mean by ‘impact on the economy’.

Indeed, from there, you could look at it in terms of effects on a timeline, but for a more insightful structure you could also look into the core drivers that influence each of those ‘effects.’

Sharing with you a guide on structuring techniques that you might find helpful:

Best,
Cristian

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Pedro
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replied on Dec 10, 2023
Bain | Roland Berger | EY-Parthenon | Mentoring Approach | 30% off first 10 sessions in May| Market Sizing | DARDEN MBA

I would do the other way around, i.e., first divide between short term and long term impacts. On the short term breakdown per industry and assess the impact. On the long term look into impact in terms of education, labor force, savings and consumption trends, etc.

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Ian gave the best answer

Ian

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