 |
|
INTERNATIONAL CONSULTING PROJECTS (ICP)A team of experienced, international consultants helps you find solutions to current issues |
Our experienced and professional MBA participants provide inspiring, unbiased ideas to current issues faced by companies. Working as multi-cultural and multi-disciplinary teams they deliver practical strategic recommendations and develop concrete implementation plans to help your business move forward.
Over the past 30 years, we have completed over 470 projects for 300+ companies in more than 65 countries. We look forward to working with you on this unique opportunity.
New insights
During an International Consulting Project (ICP), run over a total of 4.5 weeks, future business leaders, supported by world-class IMD Faculty, deliver new insights to your business projects. Typical business issues focus on strategy and growth or organization and change.
| ICP 1 - Spring period | ICP 2 - Fall period | ICP 1 + ICP 2 - Spring and Fall |
|---|---|---|
Strategy and Growth |
Organization and Change |
Combined Project: |
ICP 1
Strategy and growth projects deal with issues such as:
- Whether to enter a new geographic market?
- How to develop a launch plan for a new product?
- How to position in a new market segment?
- What are potential acquisition targets?
ICP 2
Organization and change projects deal with issues such as:
- How to improve sales force effectiveness?
- How to reorganize to reduce costs
- How to improve processes across divisions
- How to integrate an acquisition
Project Costs
ICP 1 – CHF 40,000
ICP 2 – CHF 40,000
ICP 1 + ICP 2 – CHF 70,000
Additional Expenses
The sponsoring company is responsible for all additional expenses related to the project incurred by MBA participants and Faculty assigned to the project. Depending on the location of the sponsoring company and the project scope, these costs can range between CHF 10,000 and CHF 50,000.
Terms and Confidentiality
IMD stresses the strict observation of all confidentiality rules in accordance with the highest standards applied by the consulting/legal profession.
- All reports, working documents and electronic files remain the property of the sponsoring company.
- No documents belonging to the sponsoring company will be taken from the company’s premises without written consent.
- No information for teaching material or case writing will be used without explicit authorization from the sponsoring company.
A letter of agreement is submitted to the company before the project starts. This letter contains the principles guiding the project: its purpose and confidentiality clause; the approach to be followed and the specific steps involved; the administrative arrangements, financial terms, cancellation policy and the key factors for a successful project.
An International Consulting Project:
1) Delivers new insights to your company issues, supported by the IMD world:
- Latest management research
- Extensive information and database facilities
- World recognized Faculty
- Exceptional participants selected through a highly rigorous admissions process
- Decades of strategy and organization consulting
- Strong roots in the business community
2) Strengthens your links to IMD as a world class business school.
3) Provides early access to exceptional MBA graduates.
The ICPs provide you and your company with
- Practical strategy recommendations
- Concrete implementation plans
- Inspiring and unbiased ideas from multi-cultural and multi-disciplinary teams
Success speaks for itself
More than 60% of projects originate from returning sponsors who are satisfied with the recommendations and concrete implementation plans of our MBA teams. During the past 30 years, we have completed over 470 projects for 300+ companies in more than 65 countries.
|
"The IMD MBA team brought some very interesting insights and ideas to Franke's market strategy for China. They generated a lot of excitement and motivation and, best of all, came up with a set of concrete action plans that we are implementing.
Christian Kühl, President Asia Pacific |
 |
IMD offers two types of projects at two different periods in the MBA academic year. The key milestones of the new design and when they occur are outlined below.
| Time | Detail | |
|---|---|---|
| Application | Early November |
Contact our team to define the project feasibility, type & scope. |
| Definition & Confirmation | November - February |
Once we confirm the project, you will need to make a downpayment of CHF 10,000 (ICP 1 or ICP 1 + ICP 2) |
| Meet MBAs | April |
Initial industry research and analysis takes place. |
| Project Kick-off | Early May |
4 week ICP block |
| Key Presentations | May |
Reserve 2 dates for presentations: |
| Time | Detail | |
|---|---|---|
| Application | Early November | Contact our team to define the project feasibility, type & scope. |
| Definition & Confirmation | November - April | Once we confirm the project, you will need to make a downpayment of CHF 10,000 (ICP 2 only) |
| Meet MBAs | September | Industry understanding and overview. |
| Project Kick-off | End September | 3 + 1 week ICP block |
| Key Presentations | October | Reserve 2 dates for presentations: 1. Company & issue analysis 2. Workshop - implementation plan Pay project balance: CHF 30,000 ICP 1 + ICP 2: CHF 60,000 |
Your first step
Contact us to identify your interest in an ICP and we will work together to define the project feasibility, project type (ICP 1 and/or ICP 2) and project scope. Appoint a senior executive sponsor and identify the project leader.
What do we need from you?
The involvement of the sponsoring company’s top management, in many cases, the CEO or President, to:
- work with us to clearly define the company project needs, scope and timing
- attend the MBA team presentations and workshops on two mutually agreed dates
- make the required decisions at the end of these events
The Commitment of the sponsoring company to:
- assign an appropriate project leader to work closely with the IMD project team
- announce the project to the company’s staff officially
- visit IMD to meet the ICP MBA team
- ensure access to all necessary information and general support
Time investment of company mangement
Minimum: attending the introductory meeting at IMD and two ICP team presentations (approximately 8 hours excluding travel time)
Maximum: direct involvement on an ongoing basis with the MBA team.
The Organization and Change ICP requires more time investment from company executives as more stakeholders are involved in the change process.
Project Structure
A structured methodology is used across all projects in the analytical process: industry analysis, company analysis, issue analysis and recommendations & implementation.
- ICP 1 projects: dedicate more time and effort to the industry and company analysis to evaluate growth opportunities.
- ICP 2 projects: require a greater concentration on the company and issue analysis to understand how to implement change through business process reengineering (BPR) and organization and operational improvement.
The ICPs are an integral part of the intense MBA curriculum. The careful integration of classes, live business cases and projects allows MBA candidates, who already have an average of 7 years prior work experience, to apply what they have learned in the classroom to real business situations throughout the year.
We look forward to working with you and to answering any further questions you may have.
The MBA ICP team
James Henderson
Professor of Strategy
Director, MBA International Consulting Projects
Tel: +41 21 618 03 70
Ms. Terry Akitt
MBA Learning Manager
Tel: +41 21 618 02 13
Ms. Myriam Romero
MBA Consulting Projects Coordinator
Tel: +41 21 618 02 02
