Strategy Consulting Study for IoT Business
Timeline
-
May 6, 2019Experience start
-
May 21, 2019Phase 1 Project Scope & Plan
-
June 11, 2019Phase 2 Project Execution, Part 1 of 5
-
June 25, 2019Phase 2 Project Execution, Part 2 of 5
-
July 2, 2019Phase 2 Project Execution, Part 3 of 5
-
July 9, 2019Phase 2 Project Execution, Part 4 of 5
-
August 3, 2019Experience end
Timeline
-
May 6, 2019Experience start
-
May 21, 2019Phase 1 Project Scope & Plan
Students will meet with organization representative(s) to develop the project scope and prepare a detailed plan for the execution of the project;
-
June 11, 2019Phase 2 Project Execution, Part 1 of 5
Research and data collection; formulate a strategy to address the problems; conduct a comprehensive analysis on technology and market trends.
-
June 25, 2019Phase 2 Project Execution, Part 2 of 5
Develop strategic options and plausible scenarios for the expected outcomes
-
July 2, 2019Phase 2 Project Execution, Part 3 of 5
Evaluate the potential risks and impact of the strategic options on the organization and the environment
-
July 9, 2019Phase 2 Project Execution, Part 4 of 5
Develop decision criteria to select a feasible option
-
August 3, 2019Experience end
Experience scope
Categories
Information technology Market research Product or service launchSkills
competitive analysis startups business consulting business strategy market researchA group of 4-5 final-year business students will help your company develop a strategic analysis to evaluate the investment options that are aligned with your business goals for the Internet of Things (IoT).
Learners
Phase 1 Project Scope & Plan: Students will meet with organization representative(s) to develop the project scope and prepare a detailed plan for the execution of the project.
Phase 2 Project Execution: Students will work on deliverables outlined in the project plan. Teams will periodically communicate with organization representative(s) as needed to complete project tasks.
Phase 3 - Project Outcome - Report and Presentation: Students will submit an 8,000-word report including all figures, tables and references. Teams will also conduct a 1-hour presentation to a panel of project representatives.
Project timeline
-
May 6, 2019Experience start
-
May 21, 2019Phase 1 Project Scope & Plan
-
June 11, 2019Phase 2 Project Execution, Part 1 of 5
-
June 25, 2019Phase 2 Project Execution, Part 2 of 5
-
July 2, 2019Phase 2 Project Execution, Part 3 of 5
-
July 9, 2019Phase 2 Project Execution, Part 4 of 5
-
August 3, 2019Experience end
Timeline
-
May 6, 2019Experience start
-
May 21, 2019Phase 1 Project Scope & Plan
Students will meet with organization representative(s) to develop the project scope and prepare a detailed plan for the execution of the project;
-
June 11, 2019Phase 2 Project Execution, Part 1 of 5
Research and data collection; formulate a strategy to address the problems; conduct a comprehensive analysis on technology and market trends.
-
June 25, 2019Phase 2 Project Execution, Part 2 of 5
Develop strategic options and plausible scenarios for the expected outcomes
-
July 2, 2019Phase 2 Project Execution, Part 3 of 5
Evaluate the potential risks and impact of the strategic options on the organization and the environment
-
July 9, 2019Phase 2 Project Execution, Part 4 of 5
Develop decision criteria to select a feasible option
-
August 3, 2019Experience end
Project Examples
Requirements
Many business owners in Canada have attempted to exploit the entrepreneurial opportunities presented by digitization and platform technologies, but they face tremendous challenges in making strategic investments in a market relatively new to them. If your company would like to invest in new apps or internet-enabled products and services, a group of 4-5 student-consultants will spend about 400 hours and prepare a strategic analysis of the investment options that are aligned with your business goals in the IoT space. Our student-consultants will apply their analytical thinking and market research skills to develop a strategy framework to help you make informed decisions.
Our student-consultants will proceed to meet the following milestones:
- Define the keys challenges faced by the company.
- Conduct a comprehensive analysis on technology and market trends.
- Develop strategic investment options and plausible scenarios for the expected outcomes.
- Evaluate the potential risks and impact of the strategic options on your organization and business environments.
- Develop decision criteria to select a feasible option.
- Propose an implementation plan for the selected strategy; work creatively around the resource constraints of your organization.
- Write and present the proposal persuasively.
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Timeline
-
May 6, 2019Experience start
-
May 21, 2019Phase 1 Project Scope & Plan
-
June 11, 2019Phase 2 Project Execution, Part 1 of 5
-
June 25, 2019Phase 2 Project Execution, Part 2 of 5
-
July 2, 2019Phase 2 Project Execution, Part 3 of 5
-
July 9, 2019Phase 2 Project Execution, Part 4 of 5
-
August 3, 2019Experience end
Timeline
-
May 6, 2019Experience start
-
May 21, 2019Phase 1 Project Scope & Plan
Students will meet with organization representative(s) to develop the project scope and prepare a detailed plan for the execution of the project;
-
June 11, 2019Phase 2 Project Execution, Part 1 of 5
Research and data collection; formulate a strategy to address the problems; conduct a comprehensive analysis on technology and market trends.
-
June 25, 2019Phase 2 Project Execution, Part 2 of 5
Develop strategic options and plausible scenarios for the expected outcomes
-
July 2, 2019Phase 2 Project Execution, Part 3 of 5
Evaluate the potential risks and impact of the strategic options on the organization and the environment
-
July 9, 2019Phase 2 Project Execution, Part 4 of 5
Develop decision criteria to select a feasible option
-
August 3, 2019Experience end