http://whartonsbdc.wharton.upenn.edu high impact growth consulting
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http://whartonsbdc.wharton.upenn.edu
High Impact Growth Consulting
•
Our Mission:
• Help businesses grow and solve problems• Educate students by applying coursework to practice
Get Comfortable with UNCERTAINTY
Good News!
You’ll learn how to approach and structure ambiguity
Uncertainty is a large part of everyday life for the entrepreneur, the investor and our
consultants…
Other Reasons Students Want to Join
• We are one of the largest experiential learning programs at Whartono Through formal consulting engagements, students use the material they
learn in the classroom, as they learn it, to solve the business problems faced by our clients
• Consultants are given the opportunity to work with the senior leadership teams of fast-growing businesses and turnarounds.
o Consultants have the opportunity to structure the project from beginning to end, a responsibility usually held by partners in large consulting firms
o If you are an Entrepreneur trying to start your own business, this is a great opportunity to learn to structure ambiguity• We are committed to promoting economic development
o With all of the immediacy, ambiguity, disarray, and resource constraints of growing businesses, our ability to find practical solutions to clients' problems contributes substantially to economic development in the region
What Sets Us Apart
Some people tend to think that individuals are knowledgeable to the extent that they possess concepts
and skills that they apply to new situations. In other words, if a person does not have relevant concepts and skills, he
or she will not be able to complete a task.
However, we believe that outcome is not solely dependent on individuals with specific skill sets. (How could we ever
have all the skills we need in one place?) For us, it is not the knowledge of one person that matters most, but the ability of each person to draw and integrate resources
from the team and surrounding context.
Success is not a result of personal traits but instead reflects the use of organizational resources.
Value Proposition,
11%
Value Chain Analysis, 15%
New Market Entry, Growth
Strategy Assessment,
34%
Distribution Strategy, 11%
Profitability Analysis, 7%
Operations Analysis, 11%
M&A Analysis, 11%
What We Do
Why the target customer might buy
How the product or service moves from the origin to the end customer
How to complement the core product or expand to new markets/customers
Sales channels and distribution alternatives
Profitability by segment
Internal processes and distribution chains
Valuations Analysis
“We are huge fans of the SBDC. We’ve asked the students tough questions and they’ve returned to us with even tougher questions. I couldn’t ask for more from a group of consultants. I’ll use the consulting services of the SBDC as many times as the leadership there will allow.”
Philly.comRyan Davis, President
“Wharton SBDC gave us the evidence—the outsider’s view—and caused us to put structure and an actual plan around our thoughts for a new product…this helps the partner we are trying to enlist—as well as investors for our third round of capital.”
Safend Inc.Dor Skuler, VP Business Development
“The Wharton SBDC is really the go-to place for smart analytical minds that can help businesses understand and act on their opportunities. I’ve worked with the SBDC in several of my companies, and their recommendations were always on point and consistent with improving the long-term performance of the businesses.”
Internet Capital GroupDoug Alexander, Co-Founder & President
Examples of Recent Success (Client Perspective)
How Do We Do It?
You may be wondering how this is operationalized…
1) Structure
2) Knowledge Database
3) An Extended Leadership Team
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General Management
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Healthcare
Consumer
Financial Services
Internet/ IT Enabled Services
Clean Tech
Media & Entertainment
Real Estate
1) Structure
Commercialization Acceleration
2) Knowledge Database
Folders Consistent Across Clients and Pre-Populated with Links to Templates
3) Extended Leadership Team
Doug Cox
Joe Wolf Jack MayPatti
OwensCarl
WitonskyPeter
Bressler
Leslie Mitts
Howie Caulfield
Erin McGowan
Therese Flaherty
Samuel Reeves
Maame-serwaa Mensah
Scott Fishman
• Cooperation/Collaboration
o Team Player: Consultant takes a fair share of engagement work, including participation in full spectrum of engagement from high level planning to details of research, analysis, and presentation.
• Analytical Strengtho Application of Analysis: Consultant has chosen and effectively implemented appropriate
methods for drawing conclusions from available information.
• Creativityo Hypotheses Conceived and Tested: Consultant does not stop with the first reasonable idea but
instead considers and tests a range of approaches and solutions during the engagement.
• Client Relationship Managemento Change Management: Consultant has taken a thought leadership and teaching role to allow the
client to realize the implications of the case analysis and move towards change in their business.
• Commitmento Contribution to SBDC Beyond Casework: Consultant realizes that SBDC is a growing
organization and relies upon input and initiative from consultants for improving our processes. Such contribution could range from documentation of a best practice or data source to spearheading a new practice area.
• Administrative Complianceo Meetings and Scheduling: Consultant consistently attends team meetings and promptly
returns emails for scheduling.
Keys to Success
Are We Right For You?
This is just another example of how we balance things.
Impact Education
Although we do look for certain capabilities and strive to choose the students who are best-suited to the job, we also want to promote
learning by teaching students to build all the relevant skills.
Only apply if you want to make an impact and learn!
"The SBDC offers the unique opportunity to take the lessons from the classroom and execute on them with local businesses. What makes the SBDC special is the caliber of cases that we receive - these companies are facing critical challenges, and they require us to be a committed partner as they pursue their goals. They expect the best from us, and that pushes us to perform at a higher level."
Geoff Moore, WG’10
“In the SBDC, I had the amazing opportunity to exercise leadership while brainstorming on a real business problem, bridging perceptions of different stakeholders and team members, motivating the group to develop an action based strategy, and eventually…. influencing the client to follow through.”
Ohad Shperling, WG’10
Recent Student Perspectives
• To meet and exceed the needs of a client base operating in a wide range of industries, we recruit students with a wide range of previous backgrounds and functional strengths:
Consulting Public Service/Non-Profit
Marketing Venture Capital & PE
Operations EngineeringMilitary
Entrepreneurial Start-UpBio & Health Sciences Information Technology
Building the Team
SBDC operates a Fellowship program for 1st year MBAs
o Approximately 32 1st year MBAs will be hired this semestero In November, each student who distinguishes him or herself will be awarded a
Fellowship Practice leaders for next year will be chosen from this pool
Each student will complete approximately 3-5 consulting engagements per academic year. o 1st Semester: Complete 1 consulting engagement and prepare the analysis and
diagnosis for 1 consulting engagement (to be completed by other students in the Spring)
o 2nd Semester: Complete 2-3 consulting engagements
The diversity of engagements provides students an opportunity to test their consulting, leadership and analytical skills in a variety of functional and industry practice areas.
What You Can Expect:
Fall Client Snapshot
You will have the opportunity to pick your cases and will be assigned one of your top four choices after the hiring decisions are made.
Fall Client Snapshot: Highlights
An international provider of translation and interpretation services that is seeking to expand consistent with a strategic sale in 3 years.
A start-up medical device company with a point-of-care biosensor to detect a multitude of infectious diseases seeking to identify key strategic partners for distribution.
An early-stage company that has developed groundbreaking, wireless recharging technology for electric vehicles getting ready to execute with a trial client.
A software developer company launching a financial application for smart-phones designed to provide actionable investment information to mobile investors seeking user feedback before going to market.
A healthy/organic/non-sweetened herbal bottled water with national distribution and strategic partnership for distribution, logistics, and marketing seeking to gain operations efficiencies and a strategic sale.
A music licensing exchange and search engine seeking funding.
Information Sessions• Aug. 10th 5pm:JMHH F85 (MBA)• Aug. 12th Noon: JMHH F85 (MBA)• Sept. 13th 4:30pm: TBD (UG)• Sept. 14th 4:30pm: TBD (UG)
Resume & Letter Deadline: MBA: Noon on August 16th; UG: Noon on September 20th
Interviews conducted: MBA: August 18th – 26th by invitation, UG: September 23rd - 34th
Training Sessions: October 2nd; October 3rd; October 5th
Key Dates
If this opportunity excites you please submit your resume and cover letter covering your background, skill-sets, and passions. Again, you will have the opportunity to pick your cases and will be assigned one of your top four choices after the hiring decisions are made.
MBA’s please submit resume and cover letter on Career Path*: http://mycareer.wharton.upenn.edu/student/index.cfm
If you have additional questions, please email: [email protected]
More information on our practice is available on our website: http://whartonsbdc.wharton.upenn.edu (Look for the High Impact Growth Consulting link)
How to Apply
* For Life Sciences & HealthCare MBAs seeking to work in the Commercialization and Acceleration Program, please look for email application from June Kinney. Additional questions to Therese Flaherty, [email protected]
Clean Tech: Geoff Liu & Jessica Luk
Consumer: Marina Nekrasova & Shauli Rozen
Healthcare: Matt Schwab & Renee Vaughn
General Management: Lindsey Matthews & Cameron Rouzer
Media & Entertainment: Tricia Chandiramani & Nikhil Chaturvedi
Financial Services: Katherine Janes & Francis Doumet
Internet and IT Enabled Services: Sabina Sequeira & Katie Rohacz
Real Estate: Isis Ward & Daniel Curtis
Commercialization Acceleration Program: Mark Chin
Practice Leaders: 2010-2011: Feel Free to Contact
Wharton SBDC Sponsors
www.whartonsbdc.wharton.upenn.edu