Regarding the semester market entry consulting project, I found the experience to be quite unique because I have never been required to conduct a research project before, no less one that involves working with a real company and providing genuine recommendations for its operations and business model.
Besides the fact that I was able to apply information that I learned in the class and gained an understanding of how grueling collaboration can be at times in the workplace, I also enhanced my social and professional capital by learning how to apply my acquired knowledge to a realistic business setting, communicate effectively in a business context, and present a convincing analysis for a dilemma faced by a business.
What’s next?
I plan to utilize this capital by fostering relationships with as many people as possible in a working environment, communicating consistently with those in command, and offering a critical global-minded perspective when dealing with large-scale issues. I hope to implement these skills in my repertoire in order to pursue a successful career in the business sector, and I plan to further investigate world business affairs as well as experiment with my newly acquired competencies in future courses at Northeastern that require realistic evaluations rather than hypothetical solutions.
Joshua / “Threshold.world” Consulting Case
Since I was a kid, all the Airtek employees know me and see me growing up as “the daughter of the owner,” which made highly challenging for me to change the way how the Airtek employees and my parents see me and establish myself as a future company’s executive. Through the BE-EDGE process of my capstone project for Masters in International Management, I conducted research, analyzation and consultation for the Airtek case. I was able to nurture my skills, sharpen my voice and views, and show Airtek managers my expertise in international management. This project provided me with the opportunity to show a different dimension of me that they had not have a chance to see before.
Sherry / “How Could Airtek Win Shanghai’s Market?” Case
The case analysis of Cofem, S.A. to determine the next market for entry really provided the practical focus and basis to catapult my novice interest into a realistic venture. The whole process of implementing appropriate analysis and perspective really hit me as we worked towards the implementation method for the case. It became REAL! It was that moment that concepts became reality for me, which further increased my interest.
What’s next?
The dilemma is determining what the current need is, when to act, how to do it, but most importantly are you ready and can you fill the need. Realism is important. Growth and success aren’t guaranteed. But having the courage and resolve to dig deeper, self-reflect, practically analyze, and make an initial move is what it takes to start something special. If nothing else, I realize this initial exposure is a start but there is much more to learn, experiment and apply. I’ve got to put myself into organizations and situations that provide the avenues for continued exposure. Looking forward to continuing that journey.
Jeff / “Cofem, S.A.” Consulting Case
“Every student should take as it forces you to identify your current career options against your aspirational career options and finetune your reasons, rationale, and step to get to where you want to end up.”
The most valuable aspect of this experience was the opportunity to help an organization that I love to enhance its business. The most challenging experience was to fully understand the core of the problem, and start writing from it. Putting pieces of information together and connecting them directly to the problem was not an easy task for me. However, at the end, I felt completely satisfied when I realized that I made a big difference in people’s lives just applying what I was studying and writing about. It was the feeling of plenitude of helping people to become better ones, and organizations to develop their business.
Thaissa / “Instituição Beneficente Nosso Lar” Case
“The process of crafting a personal strategy helped me to gain clarity about the future goals,aspirations, and the steps needed to achieve them. It gave me a clear sense of direction and purpose, which was empowering.”
AYUDA is an organization I care deeply about. I think it is a necessary resource for diabetes communities who have limited access to knowledge about how to live with the condition and how to manage their life in a healthy way. I really feel strongly about wanting to enact positive change in the world, and I feel as though this organization works to do just that. Working on the case for this organization gave me the opportunity to get an inside look on how nonprofits operate as well as the challenges they face in their work. I learned a lot about the industry they operate in and if I choose to work in the non-profit sphere, this information will be extremely valuable.
What’s next?
I feel that this project was an important part of my journey in becoming a global manager. Having the skills to create a consultancy report such as the one we worked this semester is essential for understanding how to analyze different markets around the world while simultaneously understanding each area’s unique culture and customs. I learned so much about my organization as well as the two markets we studied extensively and will bring this knowledge with me into my future career. I am happy to have learned these various frameworks that I can use to breakdown various organizations and markets, and feel that these elements are some of the most important topics I have learned this entire semester
Hannah / “AYUDA” Consulting Case
Working on the HC consulting case gave me confidence to seek strategic partnerships in my own career. As a commercial real estate agent, I have used the skills learned from the case to form alliances with institutional real estate companies and investors. Working with foreign investors and international companies with an interest in US assets, I have found it very helpful to consider the frameworks discussed in the case when working with my clients.
Ali Choucri / HC Security and Investments” Case
Prior to this capstone course, I was still under a suffocating impression that to work on international growth projects (expansion via market-entry or via m&a), it involved a heavily financial-focused process that would eventually exclude me from opportunities to see the character of projects I would like to. The final project — a real-life consulting case for a company’s dilemma of which European market to choose for a further extension — changed my perspective.
I referred to this consulting project in my interviews and proved that I was able to connect with a client and add value to the company. I got the job of my dream!
I felt that after this project I had a new confidence and a new respect for the qualitative analyses required to work internationally at any individual or enterprise level. I gained a much more firm understanding of strategy frameworks we had breezed over in previous coursework as well as some entirely new ones. Together, they added up to a complex toolbox that could be used in a number of settings throughout my career ahead. I found it stimulating and was very appreciative to had had the opportunity to take this as my very last MBA course. I felt more confident going into interviews and it closed the program as a holistic learning experience with the project for a company that actually mattered.
Sarah / “WAYFAIR Consulting Project: European Expansion”
I think it was a wonderful idea of Dr. Ivy to let us choose a consulting case to work on for the master course, especially in biotech. The industry isn’t clear on how someone could move from a site to a corporate position and with an MBA that’s where students really want to be. The professional capital perspective, this case helped me outline my biopharma trajectory. It also helped me improve in my love for solving problems and collaboration to learn different perspectives.
On the social capital investment, I find people’s stories to be fascinating and working with four wonderful people who I would never have had the opportunity to work with otherwise was very interesting. I feel that when working on a project, if you can understand where someone is coming from or how they are looking at the same problem, then we can solve the issues of the problem more efficiently than if we were just strong-arming our own perspective.
What’s next?
I think I’m going to use this case in interviews when I move on from my current role. It covers a variety of situations from the PESTEL model that affect a drug going into market or a company building a facility in a country. Understanding social implications also help when being audited by different regulating countries while being a US manufacturer. Being aware of their values, norms, and beliefs will allow me to not make an error that could be seen as unprofessional.
Jenn / “Novo Nordisk” Consulting Case