2012 Business School Competition Approach & Plan Versus 1 After 5 years of hosting case competitions with both CU’s and CSU’s b-schools, it is time for the schools to compete head-to-head with state of Colorado watching So what is this? • RAS & Associates has worked successfully with both universities and large corporations to provide students a rich ‘real world experience’ while providing the client sponsors a platform to recruit, get new thinking and solutions to strategic questions • From the beginning, the concept focused on providing the students with a competitive advantage during the interview process and beyond… • Now in its 5th year, both universities have agreed to compete head-to-head prior to the Thanksgiving Holiday • We seek support from an organization ‘like’ the Colorado Innovation Network or other organization that seeks to enhance the competitiveness of the State, its Universities and its people • Additionally, we seek a premier corporate sponsor, which will define the case So why should we do this? 1. CSU & CU get a platform to showcase their business schools, their students, and a forum to challenge each others intellectual superiority 2. The State of Colorado gets to promote two if its premiere universities and spotlight the attractiveness of conducting business within the State 3. This event provides a special experience for the corporate sponsor to engage with universities, showcase its business success and to promote its brand and vision 2 The Industry Partner, University, and RAS & Associates must work together to achieve a successful end result for all Who Expectations & Roles Company Sponsor Vetting Criteria • Primary sponsor • Facilitates & coordinates case logistics • Determines corporate sponsor • MCs case competition • Assigns professor delegate • Each school determines its own criteria for student participation • Helps ‘facilitate’ University engagement & PR **Notional • Leverages relationships to lock-in ideal Colorado sponsor • Promotes event leveraging existing channels and assets • Headquartered in Denver • Focus on innovation - leader within respective industry • Agrees to expectations set by founding committee • Sponsorship at CEO Level – Quorum of executive team is present at final presentation 3 Timeline 2012 Colorado St. University and Colorado University case Study Competition We are here! Obtain agreement from all Stakeholders Aug Oct Sept Nov Dec Complete: 8/23 Validate Concept with CSU & CU 9/3 Validate Sponsor Short List 9/25 Sign Platinum Sponsor 10/1 Sign Supporting Sponsors Determine Case Date & Location Case Competition held on 11/13 or 11/15? 9/10 Lock up Case Date with Venue Location Confirmed By 9/19 10/8 Validate Transportation 11/1 Validate All Logistics Identify all Logistical Needs Build & Execute Integrated Marketing Plan Legend 9/3 Define University Marketing Plans 10/1 Execute DBJ, Media Marketing Activities 12/1 Post Mortem 9/10 Define Partner Marketing Plan Recurring Weekly PM Meetings Completed Activities In Progress Activities Event Date 4 Current Action Item List # Action 1 Get agreement on proposed dates & proposed marketing efforts 2 Solicit Colorado Innovation Network for Support and Sponsorship Description 3 Assign CU PM leads to setup recurring meetings to manage effort 4 5 Define short list of Platinum Sponsors Appropriate Bet made between the Universities Both CU & CSU need to agree to next level of details for concept Owner Status RAS In progress Resulting Approach and Actions All parties believe that the event will have greater success with this organization’s support The case study aligns with COIN’s Mission Getting the Governor behind the event will take it to a special level Shuster Offered by J. Marlatt Support is certainly needed to keep the ball moving Primary focus would be negotiating logistics, and defining University marketing plans, COIN marketing plans & print/media strategies Marlatt In progress Validate next steps, owners and status meeting dates/times RAS In progress RAS will define short list by 8/31/12 We will then build 1 page overview to articulate sponsorship We will need the help of Shuster & Marlatt once list built Time sensitive given target date of midNovember, marketing etc… Let’s hunt in packs to land an exciting sponsor that parlays university goals, COIN and the great state of Colorado Something fun, yet exceptionally ridiculous In progress In process of scheduling meeting There will likely be some outstanding questions even after the group meets Shuster & Marlatt Determine level of support from COIN Is there financial support possible? Level of marketing support? Level of support to land Platinum Case Sponsor ? 5 We are currently monitoring several risks, but have no issues # 1 2 Risk Description If COIN is not interested, we will likely have to tone down the marketing plan; significantly If we can’t find a company as presenting sponsor we will need to consider a toned down version or likely defer until the Spring Resulting Approach and Actions Owner Status Shuster In progress Determine COIN’s interest RAS In progress Next step is to identify short list then hit the streets Heisman by COIN Inability to find a Platinum Sponsor by ME September 6 Appendix 7 PROPOSED: Sponsorship Levels Platinum Sponsors: • • • Company Sponsor $5,000 Colorado State University Colorado University Gold Sponsors – Donation of $1,000 • Various other sponsors Silver Sponsors – Donation of Services • • • • Food Sponsor Beverage Sponsor Venue Sponsor Print Sponsor (Denver Business Journal, College of Business Newsletter, etc.) 8 With the proper level of commitment, everyone wins Industry Wins University Wins • Recruiting: Identify, interact with, and recruit the students that are best fit for your organization • Community: Contribute to the long-term development of our universities and future business professionals • New Ideas: You never know, “wild ideas” from a 21 year old might spark an insightful idea RAS & Associates Wins • Build Relationships: Demonstrating to the marketplace who we are, our culture and focus on leadership • Community: RAS & Associates has always been committed to making Colorado a better place to live, work, and play • Pride: Many of our employees attended Colorado’s universities and enjoy giving back • Student Development: Offers students real-world opportunities to build and deliver meaningful presentations to industry executives and managers • Career Placement: Gives students the opportunity to get to know, and impress, a potential employer • Stronger Community Relations: Universities thrive on the strength of the surrounding community State of Colorado • Build Relationships: Direct support of Colorado Businesses – especially during an election year • Community: RAS & Associates has always been committed to making Colorado a better place to live, work, and play • Pride: Demonstrates the State’s support of CU, CSU and the business community working together where 1+1=3 “This is a beneficial opportunity for everyone involved” Bill Shuster, Colorado State University Professor 9 Below is an example of a case study Lockheed Martin conducted with Colorado State University in the Spring of 2009 Situation Lockheed Martin Space Systems (LMSS), along with RAS and Associates (RAS), presented the following challenge to a class of senior CSU business students: Assess Lockheed Martin Space Systems business portfolio and present ideas on how they should position themselves for future success Approach / Series of Events 1.RAS coordinated with LMSS and CSU to set a schedule for the semester 2.RAS delivered a Project Management Best Practices to the CSU students 3.LMSS welcomed the CSU students to their production facilities, gave a tour, and held several interactive sessions to provide additional direction for their case study 4.RAS & LMSS conducted brief teleconferences with each student team to answer final questions in advance of their presentations 5.CSU students completed their assessments, built their presentations, and delivered their messages to a panel of LMSS executives Results LMSS: Identified and hired their top prospects from the class Colorado State University: Provided an invaluable experience to their students RAS & Associates: Strengthened relationships with both LMSS and CSU “Working with CSU and RAS & Associates provided an opportunity for us to see high quality, graduating students demonstrate some of the critical technical skills and leadership attributes we need in new recruits.” Rick Facchinello, LMSS Controller 10
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