Snider Center Venture Consulting MBA Information Session

Snider Center Venture Consulting MBA Information Session

August 2019

Introductions

Erin McGowan, Senior Associate Director

MS Non-Profit Leadership, Penn

Jon Potter Venture Consulting Director

MBA, MIT Sloan

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Introductions

Professional backgrounds and interests? How and when did you hear about this program? What do you know about this program? Why are you interested in this program?

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What differentiates Snider Center Venture Consulting?

Professional consulting mindset Client impact focus Track record of success Continuity through professional staff support MBA-undergrad collaboration

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Venture Consulting program mechanics

Commitment

? Academic year commitment, with aspiration for 2-year participation ? Time commitment is 5-10 hours per week, with peaks and valleys

Participants

? Consultants are employees of the program and submit weekly timesheets ? Program participants are both MBAs and undergrads, with no formal differentiation in roles

Projects

? Consultants participate in one project for one client each semester ? Project teams consist of two consultants supported by a student engagement manager ? Projects are organized around kickoff, midpoint, and final meetings with the clients

Activities

? Weekly project cadence includes: Full program meeting Team meeting with engagement manager Client call Team working session(s) Independent work

? Consultants also participate in trainings and developmental feedback

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Training opportunities

Three hour upfront training for new MBAs One training each semester hosted by BCG Philly, custom developed for this program Ongoing trainings through the weekly program meetings

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Recent project examples

See appendix for further details

1 Developed a supply chain optimization model for a consumer foods startup (second engagement with this company, raised $4.5M between engagements, launching in Kroger and Walmart this fall)

2 Recommended priority applications and developed go-to-market strategy for healthtech startup developing a point-of-care diagnostic technology platform

3 Diagnosed challenges to the core business of a $3M fashion designer through financial analysis, industry research, and internal interviews

4 Conducted profitability analysis for a food & beverage retailer and service provider that informed the decision to close the flagship retail store

5 Supplemented the go-to-market strategy for a tech startup that is developing automated threat detection software to prevent active shooter situations in public school settings

6 Developed a predictive model of consumer behavior and performed a conjoint analysis to understand consumer preferences for a regional lifestyle publication

7 Supplemented the growth strategy of a farmtech startup developing AI solutions for farmers (raised $1.5M shortly after our engagement)

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Application process

Thursday, 8/29 (by noon): Cover letter and resume due (submit here: ) Tuesday, 9/3: Interview invitations Wednesday-Thursday, September 4-5: Interviews Tuesday, September 10: Offers Thursday, September 12: First program meeting

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