The exhibit routine
Thirty seconds of discipline before you say anything about a chart.
- 1
Read the title and axes aloud
Including units and the time period. Half of all exhibit errors are unit errors caught by this one step.
- 2
Say what kind of comparison it enables
Over time? Against competitors? Across segments? This tells you what question it was given to you to answer.
- 3
Find the one thing that stands out
The outlier, the crossover, the divergence. Exhibits in cases always contain a deliberate signal.
- 4
Quantify it
Not 'costs rose a lot' but 'raw materials went from 34% to 45% of COGS: eleven points in three years.'
- 5
Link it to the case objective
'Which matters because it explains most of the margin gap we're trying to close.'
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