Bard MBA NYCLab
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Transcript of Bard MBA NYCLab
How Does NYCLab Work? Teams engage in consultancies for businesses, government agencies, and nonprofits. The course
runs two full semesters, from August through May. Teams develop and negotiate a project agree-
ment with clients that defines the scope of work, project deliverables, deadlines, and expecta-
tions for communication and information sharing.
What Types of Projects? Bard MBA selects substantive projects with sustainability-related business problems. Clients
range from entrepreneurial start-ups to established Fortune 500 companies, to nonprofit and
governmental organizations. Projects cover strategy, operations, finance, marketing, and supply
chain management.
As a Student, What Will I Learn?Bard MBA students learn project management, issue disaggregation and problem solving, client
management and communication, team dynamics and leadership, and the value and limitations
of a consultant. They are matched with projects based on a number of factors, including student
preference, skills, and team size. Throughout the course of the consultancy, students gain confi-
dence in their ability to manage projects, solve business problems, communicate effectively, and
work in teams. They are taught Agile consulting techniques, research skills, meeting management
and client presentation techniques, Pyramid Principle, and SWOT analysis.
As a Client, What Is Expected of Me? Clients designate a primary contact to liaise with the student consulting team. The contact pro-
vides students with the information and guidance needed to effectively complete the project. The
time commitment depends on the scope as outlined in the project agreement. Student teams use
Agile consulting methodology. Through regular project updates and client verification and valida-
tion, results evolve organically over the course of the year as student teams and clients together
come to understand what is most valuable. This means:
• Clients receive initial results by January, with
the final deliverables and presentation due by
the end of May.
• Clients spend 30 to 60 minutes twice a month
with students, reviewing their early deliverables
and modifying the project as needed.
Is There a Fee? There is no fee for first-time NYCLab clients.
Student consulting teams receive small stipends to
cover incidental expenses.
LEARN MORETo submit a project proposal
or learn more about the
NYCLab consulting program at
Bard MBA in Sustainability,
e-mail [email protected],
or go to www.bard.edu/mba.
MBA CONSULTING PROGRAM
NYCLABBard College, Annandale-on-Hudson, New York
www.bard.edu/mba
Photos: ©COOKFOX Architects and Pete Mauney ‘93, MFA ‘00
UNILEVER
Unilever produces consumer goods for more
than 400 brands including Ben & Jerry’s, Lipton,
Dove, and St. Ives. As part of the Unilever
Sustainable Living Plan, the company asked the
Bard MBA team to identify cost-effective and
regional renewable energy storage solutions.
Tasks included research for sustainable energy
technology, cost analysis, and the development
of business and supply chain models.
LOCKHEED MARTINLockheed Martin is a research, design, devel-
opment, manufacturing, and integration of
advanced technology systems company in the
aerospace, defense, security, and advanced tech-
nology sectors. The Bard MBA team analyzed
the challenges and opportunities in the Socially
Responsible Investing space, including insights
into stakeholders as well as the criteria for, and
impact of, including or excluding important
companies from the sustainability conversation.
By focusing on Lockheed Martin’s sustainability
assets, products, and services, the team helped
define the sustainability value proposition for
stakeholders.
UBSUBS is a global firm providing financial services
to private, corporate, and institutional clients. It
is present in all major financial centers and has
offices in more than 50 countries. The Bard
MBA team (1) assessed investment banking (IB)
engagement strategies among financial institu-
tions, (2) explored rationales for an environmen-
tal and social risk engagement strategy in an IB
context, and (3) developed criteria and success
factors for effective client engagement.
HUDSON SOLARHudson Solar is a New York–based business
that designs and installs solar energy systems
for residential, commercial, agricultural, and
municipal nonprofit organizations. The Bard
MBA team conducted market research to iden-
tify and analyze potential market segments for
new photovoltaic technology solutions. Students
identified key customer motivators as well as
the needs and requirements for each segment;
compared the economics, benefits, and capabil-
ities of innovative new technologies; and made
recommendations for marketing strategy.
COMMUNITY DEVELOPMENT INTERNATIONAL (CDi)CDi is a development-focused nonprofit organi-
zation aiming to create strong, healthy, and col-
laborative urban and rural communities through
holistically designed programs for a more prosper-
ous, harmonious, and equitable global future. The
Bard MBA team conducted a market analysis for
organic biomass briquettes that included identify-
ing a potential customer base for organic artisanal
biochar briquettes, and analyzing comparable
products and markets, and top prospective buyers.
COOKFOX ARCHITECTS—TERRAPIN BRIGHT GREENCOOKFOX Architects and Terrapin Bright Green
are architectural and environmental consulting
firms, respectively, based in New York City. The
Bard MBA team helped each company evaluate its
own sustainability. Activities included cost-benefit
analysis, developing a timeline and strategy for
improving sustainability, and creating a system to
track and report internal progress.
TRANSITCENTERTransitCenter is a nonprofit organization devoted
to promoting the use of public transportation and
other sustainable transportation alternatives in an
effort to reduce traffic congestion, preserve the
environment, and promote more livable commu-
nities. The Bard MBA team researched the sus-
tainable transportation landscape and proposed
strategies for TransitCenter to maximize its out-
reach efforts.
METROPOLITAN WATERFRONT ALLIANCE Metropolitan Waterfront Alliance (MWA) brings
business and civic groups together to help trans-
form New York and New Jersey’s waterways into
cleaner, more accessible spaces for the public to
enjoy. The Bard MBA team worked with MWA to
develop sustainable policy platforms, waterfront
sustainability benchmarking reports, and sustain-
ability financing strategies for the organization.
FEATURED PROJECTS
NYCLABMBA CONSULTING PROGRAM
The Bard MBA in Sustainability is one of a select few graduate programs globally
that fully integrates sustainability into a core business curriculum. Students learn
to build businesses and nonprofit organizations that simultaneously pursue
economic, environmental, and social objectives—the integrated bottom line—
to create a healthier, more sustainable world.
In Bard’s unique NYCLab course, MBA students complete a yearlong professional
consultancy in the first year of their business program. Over two semesters,
MBA students work with corporate, governmental, and nonprofit organizations
to solve sustainability-related business problems. These small teams, mentored
by MBA faculty, are assigned clients based on students’ interests and abilities.