Small Business Management Capstone
Timeline
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October 11, 2024Experience start
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December 23, 2024Experience end
Categories
Communications Market research Product or service launch Sales strategySkills
project planning finance business process master of business administration (mba) marketing small business management consulting research timelinesAre you experiencing a finance, marketing, operation or HR related challenge in your current business processes? Consult with graduate level MBA students completing this capstone level course at The University of Canada West. The course has a strong analytical, applied, and experiential orientation. Students work in groups of 4-5 to focus on a challenge/opportunity for the business. The students' process - and ultimate deliverable will include a current analysis of the business, problem or opportunity identification, research (as applicable), recommended solutions/strategy with implementation plan, budget and finally, risk identification and mitigation strategies (again, as applicable). The project can be for a Canadian business of any size, however enterprises run by solo-preneurs would probably not provide the necessary scope.
Following the initial discovery meeting with the student team, the business will receive a proposal and scope document that will:
- identify the core problem
- outline the strategic goals of the client and how the project will align with these goals
- describe desired outcomes and client benefit
- address the project plan with timelines and milestones
The final deliverable (consulting report) will build on the initial scope document and include:
- An organizational analysis
- Evidence-based research to support the development of the project recommendations
- Detailed strategy and recommendations to address the challenges and/or opportunities related to the project
- An implementation plan outlining required resources
- Budget and/or financial implications associated with the recommendations
- Success measures
- Risks and mitigation (as applicable)
Project timeline
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October 11, 2024Experience start
-
December 23, 2024Experience end
Project Examples
The project can deal with any functional area (i.e. marketing, operations, HR, finance, etc.) related to a current state of the business (i.e. start-up business plan, expansion, market diversification, exporting, moving to digital platforms, exit strategies, etc.).
Timeline
-
October 11, 2024Experience start
-
December 23, 2024Experience end