Strathclyde Business School
Strathclyde Business Fellow Network

Strategic Consulting in Practice

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Strategic Consulting in Practice (SCiP)

SCiP involves MBA students using their skills and talents to help client organisations address real-life strategic issues. Business Fellows can use SCiP services to:

  • Access expert advice and cutting edge research from a top class business school
  • Obtain a fresh, multicultural perspective on any challenge/opportunity faced by an organisation
  • Get practical, creative and innovative solutions and recommendations
  • Get additional staff at no/little cost

What is Strategic Consulting in Practice?

Working in teams, MBA students will address a strategic issue provided by a client organisation. As a final outcome, each group will deliver a presentation outlining strategic option(s) they consider as the most feasible for the organisation. SCiP requires each student group to utilise some of the main strategic tools that they have covered over their MBA course (e.g. issues exploration; scenarios planning; stakeholder analysis).

What are the benefits to the Organisation?

Your organisation will be benefit from a high quality consulting services by 2-3 diverse teams of experienced professionals who will look at your strategic issue from a range of perspectives, whilst also applying a number of structured frameworks and tools. The options developed by each of the teams will be delivered in the form of 15 minutes presentation followed by 15 minutes Q&A session.

Client organisations have previously been very impressed with the quality and diversity of the solutions developed, often adopting some of the proposed solutions / ideas.

What are the benefits to the MBA Student?

Through SCiP students :

  • Define and work to a project brief
  • Gain confidence in working with incomplete data
  • Work as consultants on a real issue for a real client and thus appreciate the client’s world
  • Gain insights for effective team performance
  • Gain confidence in applying and synthesising strategy tools and techniques
  • Deliver a result against an agreed deadline.

What the objectives of SCiP?

The aim of SCiP is to test the ability of MBA students to combine different strategy-related tools, frameworks and approaches they have mastered over the MBA course to address a real strategic issue, as well as to take into account real-life complications. This approach ensures that the strategic options developed by students are well supported by relevant frameworks and tools and are well aligned with the specifics of the client organisation.

What does SCiP involve for a Client Organisation?

To progress with a SCiP project, a Client Organisation will need to provide:

  1. An outline of a current/future strategic issue that your organisation wishes to explore
  2. Two hours of your time (in person/skype/call) to answer student questions on issue
  3. Further three hours of your time (in person for involvement in final student presentations.

1. An outline of a current / future strategic issue that your organisation wishes to explore: This can be short- or long-term issue of a different nature, as long as it is strategically important for the organisation and suitable to apply the tools we offer to students. This may include for example: considering expansion into new markets, considering restructuring of the company; analysis of core competencies and issues to inform future strategic direction; start-up strategy, development of short/long term strategy for the company direction in turbulent markets; coping with the impact of the financial crisis; etc. Some previous examples included:

  • financially troubled company looking for strategic options to leverage their debt (short term) and strategic direction in for the future to retain their market position;
  • exploration of re-structuration strategy for a new collaborative partnership;
  • luxury chain of hotels exploring options for entry into Asian markets

The School would support you in developing a 1-page issue outline of the issues to be provided to students.

2. 2 hours of your time to answer questions from each of the groups : each group is allocated exactly 30 minutes to ask any questions in relation to the problem, the company or the market. The session can be conducted over the phone / Skype if a visit is not feasible.

3. Further 3 hours of your time to participate in the final presentations . This final session will include 15 minutes presentation + 15 minutes of Q&A per group. The Q&A session is to give you an opportunity to ask for any additional details or clarifications from students in regards of their proposed solution(s). You will be asked for feedback and your thoughts on the ideas presented. You may also bring relevant colleagues to the session.