| Management students work as consultants for local company
When Dustin Diefenderfer, Jesse Woodson and Bobby Bachman
finished presenting their Montana State University College of
Business Management 475 project, there was a "stunned silence,"
said Nicholas Bourdeau, Treasurer of Montana Mediation
Association (MtMA).
Last fall, the trio was selected to develop an integrated
marketing communications plan for MtMA. By analyzing the
association's overall positioning, the team defined marketing
objectives and strategies in which to manage them.
Their analysis focused on market characteristics, competition and
product comparison, the social environment and what they saw to
be key success factors. In doing so, they outlined such
objectives as a product profile, a positioning map, MtMA's target
market, as well as the benefits they saw could be gained from
creating an effective website.
Then came the real work: devising marketing strategies that MtMA
could implement to meet each objective. Starting with what they
referred to as "defining the apple," the team addressed who
MtMA's target client should be, noting that they "cannot be all
things to all people." They also suggested MtMA focus on the
value of mediation.
With a clearly defined product and target client, the team then
went to great lengths to develop various marketing and
advertising strategies, create a budget as well as a timeline for
implementation. Finally, they made a proposal for carrying out
their plan, which involved outsourcing pieces of the project to
other departments on MSU campus including media arts, computer
science and students in the art department.
After completing a 29-page final presentation, the trio made a
formal presentation in front of their classmates, instructors and
MtMA executives.
MtMA found the project to be very useful in their future
development. Jim Nybo, president and CEO said, "Having worked as
a consultant and worked with many consultants, I can tell you
that the meeting we had with the students was well organized,
well presented, and very much on point in terms of our needs and
the path to pursue for our association."
Management 475 was designed to give groups of students like this
team an opportunity to participate in a major assignment such as
a substantive community service project, research paper, small
business experience case, business plan, or strategic analysis.
The course offers students a practical experience with each
project and teaches them about team management. Their performance
is measured by their delivered product.
"Businesses all over the state, generally start-ups or relatively
small enterprises, receive valuable problem-solving assistance at
no cost," said Robert Means, adjunct professor of business
management. "The students get the opportunity to make use of the
tools and theories they have been absorbing in a real-world,
practical, problem solving mode."
Diefenderfer hopes the experience will aid him as he seeks career
possibilities after graduation. "The relationship built with our
clients throughout the process of completing our integrated
communications plan will be very beneficial to my professional
and personal development," he said.
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