Strategic Management Consultancy 8/23
Timeline
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August 23, 2021Experience start
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August 26, 2021Project Plan via Zoom - Students discuss project scope with company
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September 23, 2021Contextual Analysis Discussion
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October 21, 2021Check-in point
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November 4, 2021Solutions and recommendations discussion
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November 18, 2021Students submit report to company
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December 1, 2021Experience end
Timeline
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August 23, 2021Experience start
-
August 26, 2021Project Plan via Zoom - Students discuss project scope with company
Students will meet with organization representative(s) to devise the project scope and prepare a detailed plan for completion of the project
-
September 23, 2021Contextual Analysis Discussion
Students and company check to discuss finding of the contextual analysis; identifying strategic internal and external factors relative to the project's success.
-
October 21, 2021Check-in point
Students and company check in to discuss progress.
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November 4, 2021Solutions and recommendations discussion
Students and company check in to discuss progress.
-
November 18, 2021Students submit report to company
Students submit final, written report to company.
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November 25, 2021Virtual project presentation
Student teams will present findings and recommendations
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December 1, 2021Experience end
General
- Graduate
- 16 learners; teams of 4
- 40 hours per learner
- Dates set by experience
- Learners self-assign
Preferred companies
- 4/4 project matches
- Anywhere
- Academic experience
- Any company type
- Any industries
Categories
Skills
Project timeline
-
August 23, 2021Experience start
-
August 26, 2021Project Plan via Zoom - Students discuss project scope with company
-
September 23, 2021Contextual Analysis Discussion
-
October 21, 2021Check-in point
-
November 4, 2021Solutions and recommendations discussion
-
November 18, 2021Students submit report to company
-
December 1, 2021Experience end
Timeline
-
August 23, 2021Experience start
-
August 26, 2021Project Plan via Zoom - Students discuss project scope with company
Students will meet with organization representative(s) to devise the project scope and prepare a detailed plan for completion of the project
-
September 23, 2021Contextual Analysis Discussion
Students and company check to discuss finding of the contextual analysis; identifying strategic internal and external factors relative to the project's success.
-
October 21, 2021Check-in point
Students and company check in to discuss progress.
-
November 4, 2021Solutions and recommendations discussion
Students and company check in to discuss progress.
-
November 18, 2021Students submit report to company
Students submit final, written report to company.
-
November 25, 2021Virtual project presentation
Student teams will present findings and recommendations
-
December 1, 2021Experience end
Overview
- Learner goals and capabilities
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Student teams (3-4) of of MBA students from Texas State University will act as consultants to serve clients by helping them assess and solve their business needs and goals. We will try to align student skills and backgrounds with the client project.
Examples of previous Texas State Strategic Management Capstone MBA Field Projects:
- Growth plan for small digital marketing firm
- Strategic plan to support startup business growth for chamber of commerce
- A plan to incentivize and communicate water conservation for a local utility
- Growth plan for a franchise business that offers after school STEM K-8 grade courses
- Marketing plan for a small fintech company
- Growth plan for small firm to increase the number of customers by developing a customer journey map and sales process
- Strategic communication plan for a large oil and gas firm
- Restructuring plan for a Hispanic non-profit in response to covid pressure
- Market analysis for a chem-tech startup
- Expected outcomes and deliverables
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Final deliverables include, but are not limited to:
1. Statement of Work aligning the project's purpose, goals and scope with the student consulting team's approach, expected deliverables and timeline.
2. Contextual assessment of the market, competitive and business factors relative to the project.
3. Final (remote) presentation outlining strategic recommendations and rationale.
4. Written report including analysis, findings and recommendations.
Project Examples
Starting in early June and ending in late July, student-consultants will spend 30 - 40 hours analyzing a strategic challenge or opportunity your organization is facing to provide you with the most effective recommendations.
Student teams will attempt to resolve a strategic problem faced by your organization. Students will work to thoroughly understand, analyze and address your business needs, and provide insightful and specific recommendations to help your company achieve its goals and address its critical areas of need. The students will then provide insights and recommendations in a report as well as a final presentation.
Example projects include, but are not limited to:
- Identifying and exploring the pain points that affect business performance and have bearing on the client goals. This includes identifying, understanding and addressing the areas of greatest need.
- Assessing alternatives and weighing cost/benefits to provide a rationale for action.
- Development of a specific recommended course of action to help the client meet business and personal goals.
- Developing a three-year growth strategy and alternatives.
- Assess potential market, customer and business opportunity for new products and services.
- External and internal analysis of industry structure, competitive forces, and strategic groups.
- Communicate strategic recommendations and rationale in a clear, concise, and compelling way.
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Have a dedicated contact who will be available to answer students' questions in a timely fashion.
Be available for a quick phone call with the organizer to initiate your relationship and confirm your scope is an appropriate fit for the experience.
Be available to have check-in with student group every other week (roughly 6 times during the eight week course).
Timeline
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August 23, 2021Experience start
-
August 26, 2021Project Plan via Zoom - Students discuss project scope with company
-
September 23, 2021Contextual Analysis Discussion
-
October 21, 2021Check-in point
-
November 4, 2021Solutions and recommendations discussion
-
November 18, 2021Students submit report to company
-
December 1, 2021Experience end
Timeline
-
August 23, 2021Experience start
-
August 26, 2021Project Plan via Zoom - Students discuss project scope with company
Students will meet with organization representative(s) to devise the project scope and prepare a detailed plan for completion of the project
-
September 23, 2021Contextual Analysis Discussion
Students and company check to discuss finding of the contextual analysis; identifying strategic internal and external factors relative to the project's success.
-
October 21, 2021Check-in point
Students and company check in to discuss progress.
-
November 4, 2021Solutions and recommendations discussion
Students and company check in to discuss progress.
-
November 18, 2021Students submit report to company
Students submit final, written report to company.
-
November 25, 2021Virtual project presentation
Student teams will present findings and recommendations
-
December 1, 2021Experience end