SmithX Information Session BPS: Applied

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Description: SmithX Information Session BPS: Applied Biomimetics Business Problem Solving Consulting Practicum Dr. Neta Moye Business Problem Solving Consulting Practicum Sponsor Academic Director, Smith Experience Program Professor of Management

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slide1. SmithX Information Session BPS: Applied Biomimetics<br>
slide2. Business Problem Solving Consulting Practicum Dr. Neta Moye
Business Problem Solving Consulting Practicum Sponsor
Academic Director, Smith Experience Program
Professor of Management
nmoye@rhsmith.umd.edu<br>
slide3. BPS: Business Problem Solving Consulting-based projects
Thorny problems that need MBA skill sets to solve them
Any organization, any size, any industry Where can we apply this technology?
Which industry niches can we exploit?
Where can we most rapidly gain some cash flow, to continue to fund the R&D?<br>
slide4. This is a strategic business planning project Commercial markets
What niche should we exploit?

The ONE or TWO niches that have an end user where entry barriers are lowest, suppland we can create the most value<br>
slide5. A chance to apply Porter<br>
slide6. Best Niche<br>
slide7. Project Details Two deliverables, at roughly 7 weeks and 14

Week 7: Proposal: which 2-4 niches do you recommend

Week 14: Recommended plan for market entry<br>
slide8. Additional Details A consulting skills “practicum” of 10 hours to accompany the project

Kick off
Mid-project client management
Prep for final presentation<br>
slide9. Next Steps Applications

Open October 24th
Close October 31st<br>