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. (more…)
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. (more…)
The space I envision for myself in the global market is in a Corporate Social Responsibility (CSR) department for a large scale company to make positive, sustainable changes in the large scale. The AYUDA case was an excellent opportunity for me to dive into something that I care about and genuinely try to help an organization that helps others. AYUDA operates in the non-profit space which I am very much interested in. Although healthcare is not a particular field of interest for me, they are contributing to the greater good. (more…)
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. (more…)
The consulting project was yet another way for me to get a hands-on experience of applying the concepts I have learned, especially considering my group chose to explore a very close family friend’s company. This meant that I was responsible for gathering the necessary data from my connection and I had a large role of responsibility for the project. This alone taught me how to properly communicate with high-level executives of a company, despite me knowing the said person for my entire life and being as close as family.
It really showed me how the business world operates outside of class and the knowledge I had learned in class helped me outline the project in greater detail and it gave me a solid foundation to pitch the project from. By the end of the project, I really felt as though I worked for a consulting company on this project. Ultimately, I felt that the project was a great way to demonstrate the importance that all the little, minute details that we explored in class and that all of the little things must be accounted for in order to successfully evaluate the “going global” decision. In my future, I can see myself referencing this project.
On the BE-EDGE project investment to my personal capital:
While earning my graduate degree at Northeastern, I applied and expanded on my 5+ years of professional experience and growth within the field of Marketing. A crucial pillar of my learning experience, and what makes me the perfect candidate for my role in advertising can be attributed to a consulting case that myself and a group of colleagues completed for the software product LastPass, a password management and enterprise single-sign on solution. I played a key role in tailoring an international market entry strategy for LastPass, and due to the emphasis that needed to be placed on localizing a historically domestic product in a new foreign country, I am confident that I have the skills to work in a role that allows me to apply this same tenacious and thoughtful approach to advertising campaigns.
Ultimately, this class exceeded my expectations for how I personally wanted to use what I learned to help my career. It helped me become more confident in what I eventually want to do with my career, which is to tailor informed marketing campaigns for different brands and companies domestic or international.
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! (more…)
The BE-EDGE method helped me even after graduation!
In my current work, I have applied the same E-D-G-E steps when worked on solving a challenge of the shrinking market share of traditional bonds. This was not a typical consulting project, but the framework and business ideas I use were the same as what I learned in my final project. These frameworks, the importance of crystallizing my focus, understanding clients, and the ability of design thinking were the cornerstones that were useful for any industry and for any business. What’s more important was to use it flexibly and innovatively.
The BE-EDGE experience allowed me to find the source of the problem in my family business. After graduation, I went back to my country and applied the knowledge into a practical issue. For example, the consulting case revealed that the culture was critical for my organization – more than other management components. Though I still had a long way to learn and needed to gain more experience, I relied on the BE-EDGE experience to establish myself as a transformational force. I introduced a task force effort to transform the culture, and together with my team, we made it successfully. The fundamental and practical knowledge we have learned from Dr. Ivy was the greatest power and a lifetime skill for us to be the survivor in the future, and it also helped me establish my own voice as a leader.
The most rewarding thing for me was proving to myself that I can do complicated research about the industry I knew nothing about. I was able to communicate with the company’s executives and provide my recommendations based on my theoretical knowledge.
I've spent a lot of time researching the industry, the company, and it's a new technological tool to be able to discuss it during the interview and get details for my case. I also realized that I really like to do this kind of project.
The case writing competition was a very rewarding experience, not just for me, but for those who were involved in the case itself. When we look at an organization on the outside, we actually have no clue of what devious behaviors may lurk on the inside from the perspective as an employee. As a future entrepreneur and CEO, I have learned to never dismiss my employees’ concerns. I believe that the "Making Your Case" experience with Dr. Ivy has allowed me to grow professionally and personally and has given me technical writing skills that will become sharper with time. From here, I will be starting my own corporation 4Q2015. I also want to become a business consultant to Disabled Veterans, like myself, who want to start and grow a business but don’t know how. I would also help existing businesses succeed by isolating organizational issues that may cause dysfunctional conflict.
The Consulting Case in my Capstone course ended up being relevant in ways I didn’t expect. Working through this case brought attention to a different way I want to look at my future. I have always felt that by not fully understanding what I want to do with my career, I wasn’t able to make strides until I figured it out. This project showed me there are far more aspects to success then a defined vision. I understand now that an emergent strategy can truly set me up for success through analyzing my core competencies like we did with the consulting case. In addition, our topic was very relevant to the industry I am going into. Working with a distribution company and analyzing supply chain efficiency in a company will be part of my career moving forward.
The case making journey was beneficial for me in terms of encouragement and thinking outside the box. I improved my strategic thinking by solving a real-life dilemma as well as by being a consultant to a small retail business. I learned to communicate and convince my client, a business owner, to discuss his business with me. I also learned to make my clients feel comfortable regarding the business information and its confidentiality.
The capstone course was very meaningful in enabling me to reflect on my skills and abilities and build attainable goals for my professional development. It provided a vehicle for this process and was an opportunity for me to flex my acquired knowledge as well as stretch my abilities in a "real-life" and tangible way. I was free to explore the impacts of business strategy in the music industry; this made the project more personal and meaningful. In my professional career I have leveraged our The Lilypad capstone project in interviews and it has proven a competitive advantage over other applicants and highlighted my strategic thinking skills.
My biggest takeaway from the BE-EDGE journey with Dr. Ivy was the experience of interacting with real corporate problems and finding the means to better answer my CEO’s dilemma. The emotion behind researching, interviewing, and feeling that I can add value made this experience so enriching.
What is next? I am planning to implement the plan that I suggested, and the company is willing to sponsor my travel and put in place what was written
I was thinking about my capstone course at Northeastern University a couple of days ago and thought of you. I really enjoyed your class and I remember mentioning that I wanted to go to Columbia University in my final "personal strategy" assignment. Thank you for making us do this "professional core" exercise and developing a case for GM Développement: Inc. It was an important factor in helping me visualizing getting in Columbia and graduating with my master's in Real Estate Development from there. Thank you again, Dr. Julia!