Transcript The BEDC Model - Bellevue College

The BEDC Model
Introduction
1
How employers rank college grads:
Category
Mean Rating
% giving high (8-10)
rating
% giving low (1-5)
rating
Teamwork
7.0
39%
17%
Ethical judgment
6.9
38%
19%
Intercultural skills
6.9
38%
19%
Social responsibility
6.7
35%
21%
Quantitative reasoning
6.7
32%
23%
Oral communication
6.6
30%
23%
Self-knowledge
6.5
28%
26%
Adaptability
6.3
24%
30%
Critical thinking
6.3
22%
31%
Writing
6.1
26%
37%
Self-direction
5.9
23%
42%
Global knowledge
5.7
18%
46%
2
What employers want
•
•
•
Only 13 percent said transcripts were very useful with another 16 percent
saying fairly useful, compared to 33 percent who said “not useful.”
What the employers appear to want are intensive, personally evaluated
projects, not more testing. Only 7 percent said it would be “very effective” to
have the results of multiple choice tests of general knowledge, and there
was little interest in tools that would compare on colleges’ graduates to
another on critical thinking tests.
In contrast, 46 percent said it would be very effective and 70 percent said it
would be very or fairly effective to have students complete an advanced
project as seniors, demonstrating knowledge in the major and in problemsolving, writing, and analytic skills. And 69 percent said it would be very
effective and 83 percent said it would be very or fairly effective to see an
evaluation of a supervised internship where students apply college learning
in a “real-world setting.”
3
Elements of the BEDC Model
Underserved
Businesses
Over 300
businesses
served with
over $10
million in
beneficial
value and
hundreds of
jobs created
and retained
Faculty
Faculty of five
higher education
institutions involved
in curriculum
development
Student
Teams
Over 700 student
consultants in four
educational institutions
have had highly
successful consulting
experiences
Hundreds of Rotary
Club, consulting
firms, alumni, and
major enterprise
professionals have
assisted
Industry
Mentors
4
The BEDC Model – Benefits to Business
Small Business Administration
Underserved
Business
BEDC
Large Enterprises
Faculty
City, County and State
Governments






Student
Team
Extended technical assistance
Create emerging business cluster
Connect to large enterprise value chain
Direct input to BEDC advocacy
Increase business survival rate
Economic development for the region
Industry
Mentor
5
The BEDC Model – Benefits to Students
Mentorship
Real business experience
Underserved
Business
Complex Problem Solving
Faculty
Multicultural Context
Teamwork






Advanced Curriculum
Student
Team
Project Management
Industry
Leadership
Development
Mentor
Relate-create-donate best practices
Real and complex learning experience
Student voluntarily commit 2 to 3 times as many
hours to work
Multicultural context
High-stakes teaming
Performance visibility
6
The BEDC Model – Benefits to Mentors
Underserved
Meaningful Mentorship
Business
Social Responsibility
Faculty
Economic Development




Create Diverse Supplier Pool
StudentReach Multicultural Markets
Team
Minimal administrative overhead
Meaningful contribution tracked with business
metrics
Social venture capital and social responsibility
Enterprise value chain
Industry
Mentor
7
The BEDC Model – Benefits to Faculty
Hands-on learning with real business
Underserved
Business
Alignment with
other educational
institutions
Direct feedback on student readiness
Advanced curriculum
Emerging businesses
Multicultural markets
Faculty
Student
Team
Link to business
community
Deeper relationship
Industry
with students
Mentor
 Currency and relevancy
 Deeper trust and deeper learning
 High visibility
8
Student Consultant Expectations
• 50 to 100 hours of work outside of class
• Professionalism in dealing with team members,
businesses and mentors
• Deliverables must be of the highest quality and
completed on time
• Work must be of beneficial value to the business
as judged by practicing professionals
9
Week
1
2
3
4
5
6
7
8
9
10
11
Prepare for Kick-off Meeting
Assign teams
Team forming
Review and execute consulting contract
Interview and research business
Draft, revise and execute team contact
Draft and revise project management plan
Start secondary research
Draft and revise business case statement
Analyze and organize secondary research
Plan, draft and test primary research
Conduct primary research
Analyze and organize primary research
Draft and revise preliminary recommendations
Draft final report
Draft, revise, rehearse
presentation
Revise final report
DUE
Consulting
Contract
Team
Contract
Project
Management
Plan
Business
Case
Statement
including
SWOT
analysis
Primary
Research
Instrument
Prelimin
-ary
Recommendations
Draft
report
Final
Prese
ntation
10
Final
Report
Deliverables
Week 2
Executed Consulting Contract
Week 3
Week 4
Week 5
Team Contract
Project Management Plan
Business Case Statement and SWOT
Analysis
Week 6
Week 8
Week 9
Week 10
Primary Research Instrument
Preliminary Recommendations
Draft Report
Final Presentation
Week 11
Final Report
11
Ice breaker exercise
12
Assignments
• Read Preface
• Read Module 3 on Teaming and Project
Management
• Compile resume and apply for a business
consulting project
13
Businesses
• Rustica – Marketing of an Italian restaurant with IndianAmerican owner.
• Nature’s Pantry – Marketing plan for woman-owned
health food retail business
• Redapt – Competitive website analysis.
• Simplicity Décor – Thai-American owned gift and interior
design shop.
14