Case Study Method in Management Education

Case studies which are meant for reading and clarifying theoretical concepts of a discipline, such as management, involving the study of marketing, human relations, communication, and so on are academic case studies.
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Mumbai, India (prHWY.com) February 11, 2013 - Management case study method primarily involves decision making because to solve the problem or a case the manager has to choose from the available alternatives which one is more appropriate having close association with the problem or which one is more valid in a given situation.

Objectives of case study method

The major objectives of the case study method are as under :

1. It develops and enhances confidence among the managers to solve problems effectively.
2. It trains the managers in decision making by developing required skill and talent on their part. They learn how to identify a problem, analyse it, develop alternative solution and finally how to solve the problem.
3. The managers learn how to handle and use data and information available on various aspects of the problem for solving it. It encourages managers in factual decision making.
4. It provides systematic and scientific training to the managers for translating theoretical and conceptual knowledge of management into concrete decisions and actions. They become familiar with real life situations.
5. The main objective is to broaden the horizon of knowledge of the managers by getting them exposed to wide ranging situations made of separate set of variables.

Advantages of Case Study Method

o Comprehension
o Objectives
o Relevant Information
o Evaluate Facts
o Making Assumptions
o Rigorous analytical skills
o Decision making Abilities
o Managerial Concepts
o Generates Creativity
o Extends experience of role playing
o Understanding Managerial Problems

Factual Cases

Case studies which describe and illustrate an organisation's experience and efforts to overcome different problems and situations are real cases. These cases are based on the facts.

They present the critical management issues with full details of facts and figures. Their analysis requires a systematic approach to identification of the main problem, alternative solutions, and finally the best solution. Article Source EzineArticles.com/2559856

Lean Verity of Case Study such as Business Case Study, Case Study on Marketing, case study format, case study method, how to write a case study..etc more study visit on Casestudy.co.in

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Tag Words: case study method, case study format, case method
Categories: Education

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