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MBA CONSULTANCY PROJECT Course Booklet Semester 2b 2011/2012 Full-Time Core Course

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MBA CONSULTANCY PROJECT

Course Booklet Semester 2b

2011/2012 Full-Time Core Course

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Consultancy Project

Contents Page Number

Course Details .................................................................................................... 3

Course Description and Objectives .................................................................... 3

Learning Outcomes ............................................................................................ 3

Planned Student Learning Experiences ............................................................. 5

Teaching Approach............................................................................................. 5

Assessment ........................................................................................................ 5

Guidelines for formatting and handing in assessed work ................................... 7

Failure to attempt or complete assessed coursework or an examination........... 8

Exam arrangements for Disabled students......................................................... 8

Plagiarism Statement.......................................................................................... 9

Appeals............................................................................................................... 9

Feedback............................................................................................................ 9

Consultation........................................................................................................ 9

Course Monitoring Surveys ................................................................................ 9

Groupwork Issues:............................................................................................ 10

Course Website ................................................................................................ 10

Advised Preparatory Work................................................................................ 10

Course Co-ordinator ......................................................................................... 10

Study Programme............................................................................................. 11

Level of Input .................................................................................................... 11

The Selection of Client Companies and Student Teams .................................. 11

Confidentiality ................................................................................................... 12

Ownership of IP ................................................................................................ 12

Appendices....................................................................................................... 12

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Course Details Calendar Code: BUST11171 Title: MBA Consultancy Project College: Humanities and Social Science Department: The Business School Course Co-ordinator: Dr Tony Kinder Contact Hours: Up to 10 hours of briefing and preparation; approximately

90 consulting hours with client Pre-requisites: None Co-requisites: None This is a 10-credit course in the Scottish Credit Qualifications Framework (SCQF), entailing100 hours of student effort. Course Description and Objectives The MBA Consultancy Project collaborates between a host organisation and the Business School. The host organisation identifies an important strategic business or management issue that is then tackled, over a period of between 2-3 months, by a team of two or three MBA students who apply academic knowledge and industry experience to a ‘real life’ business situation. The project findings and recommendations are formally presented to the host organisation along with a written report. Projects may cover any aspect of management and may, in principle, be located in any commercial, industrial, public sector or non profit organisation of any size. Although the MBA Consultancy project tends to be with companies that have a local presence, it is possible for more geographically diverse companies to be involved if logistically feasible. We aim to offer students engagement with a project connecting to their career pathway. Learning Outcomes Key Skills Key skills for the MBA Consultancy project are as follows. Methodology • The ability to develop and articulate a clear and appropriate methodology that is sound

and feasible within the time scale of the project. See appendix under “What a business report should contain” for an outline of methodology considerations.

Client relationship skills • Experience in building and sustaining a mutually satisfying client relationship, particularly

in terms of communication, negotiation and a flexible response to changing circumstances within the relationship.

• To act as a responsibility ambassador from the School into the local business community.

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Ability to deliver value

• To interpret and see beyond client requirements, identifying what is relevant. The initial project proposal will be brief and the client may not always give the whole picture about what is required. The onus is on the student team to satisfy themselves that the worked up terms of reference (TOR) are feasible and appropriate for the clients needs. Any changes to the TOR should be agreed with the client.

• To maximise value to the client through a clear analysis of the client’s value proposition

• To be imaginative and proactive in creating and fulfilling the client’s brief Flexibility

• The TOR may need to change due to a change in client’s own requirements or as an outcome of the results of initial project work. Students will be expected to recognise where this will be necessary.

• Ability to fit in with the client’s own schedules and in responding to unforeseen circumstances out with the teams or the client’s control.

• The ability to negotiate with the client throughout the period of the consultancy in what may be changeable circumstances.

Application of team’s own knowledge base

• Ability put into practise and thereby test what has been taught on the programme as well as application of own work-based experience in order to deliver value to the client ensuring that programme material, such as strategic models, is strictly relevant.

Team skills

• The ability to manage time in a team the members of which have competing pressures on their time.

• Ability to work out a division of labour and thereby maximise the effectiveness of each individual’s contribution.

• Ability to sort out any internal team issues, such as free rider. If not, to resort to course co-ordinator.

Cognitive Skills

• Ability to filter information and relevant points from data applying analytical rigour to come up with appropriate and implement able recommendations within a tight time frame.

Presentation skills

• Ability to present clearly and persuasively. • Ability to respond immediately to questions.

Report writing

• Ability to write a business report clearly and succinctly with appropriate use of diagrams, relevant MBA course material (strategic models for example) and use of referencing of quotes, data and opinions.

• Appropriate use of appendices.

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Planned Student Learning Experiences The MBA Consultancy project should provide the student with the following learning experiences.

• Working in a small group on a tightly focussed project

• The creation and development of a mutually beneficial client relationship

• Experience of “real life” consulting with an external client

• Interpretation and understanding of clients needs, often in an evolving environment in order to deliver value

• Experience of report writing and presenting to School faculty and external clients and

answering questions Teaching Approach Following a half day consulting seminar early in Semester 2a, an academic advisor is assigned to each project, whose role is to guide and advise the team on factors such as appropriate frameworks and methodologies. There will also be feedback and feasibility discussions round the Terms of Reference submitted by the team in mid-April. Assessment Form of Assessment Students will submit a group report of a maximum 5000 words, not including appendices, and a presentation of 20 minutes. Reports exceeding the word limit will be subject to a deduction of marks. The report is marked by two School staff members who will attend the presentation, possibly along with an additional member of staff with specialist knowledge in the relevant area. The client is also invited to the presentation, and is formally involved in the Q&A session. The client’s opinion of the value added through the report and presentation is taken into account by the markers who invite feedback from the client. While the client is consulted, UEBS faculty decide the mark. WE note that some clients may be unduly satisfied or dissatisfied with the report, especially in cases where otherwise correct conclusions may not be popular with the client. The purpose of the presentation and Q&A is to provide a review of the report and its key factors, in order to provide the basis for a question and answer session. The presentation is an opportunity to place emphasis on the important elements of the report. The presentation can include new material, though this must be mentioned as such. All group members are required to attend the presentation, and contribute to the at least the Q&A part. Assessment Criteria

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The report, presentation and Q&A are assessed according to the following criteria. Please note that the proportion of marks allocated to any one section can vary according to the nature of the project.

Presentation and interpretation of the client’s requirements (20%). This mark is awarded on the basis of the group’s ability to identify and specify the client’s problem and subsequently set relevant research questions. ▪ Quality and relevance of the group’s terms of reference ▪ How well did they define the task/problem ▪ How well did they define the product/service in question

Relevance and rigour of analysis (20%). This mark is awarded on the basis of the group’s ability to select a suitable framework for analysis; correct and relevant methods supported by appropriate evidence, and subsequently execute the prescribed analysis. ▪ The group’s ability to follow and/or adapt the terms of reference ▪ Relevance ▪ Appropriate methodology

Value added to the client (40%). This mark is awarded on the basis of the group’s ability to propose good, relevant solutions to the identified problems. The mark is awarded on the basis of the relevance of proposals, the ability to be implemented and the stipulated outcome of the solutions. The outcome of the analysis adds to this, as a means of providing value to the client. ▪ Relevance and ability to be implemented ▪ Look at value added in terms of both tangible and intangible outcomes ▪ Value provided in analysis

Quality of communication, verbal/written presentation of the report (20%). This mark is awarded on the basis of the group’s ability to present and argue their case. Both written and verbal presentation should form the basis for this mark. • How well set out was the report document in terms of: clear and succinct style;

structure; use of headings; use of figures and tables; use of appendices; sources acknowledged; bibliography; range of sources; well set out work; grammatical sentences; correct spelling. Referencing to be discrete but to enable both the author, staff and client to track and validate the source of facts, opinions and theoretical statement (note School guidance provided on report writing).

• How well articulated was the presentation (in terms of PowerPoint slides, fluency/persuasiveness of the speakers)

• How well did the whole team respond to questions (questions can be directed at any one of the members)

Contingency marks (a maximum of +/- 10 marks). The Contingency Mark allows marker to add extra points for a particularly creative piece of work, work prepared in new and innovative ways. Well-executed work does not come under this category. The Contingency Mark also allows of deductions in cases of late submission, missing members at the

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presentations. • For creativity, ‘thinking out of the box’, going beyond the terms of reference • Also discretionary deduction of marks for late submission of terms of reference, the

report and non-show of any members to the presentation. Dates of Assessment: • Report deadline 10am Monday 11th June 2012 • Presentations to take place between 18th and 22nd June 2012. A timetable of

presentations will be released approximately one month prior by email or on WebCT. • The teams should receive their marks by 5pm on Monday 2nd July 2012, along with

written feedback. Guidelines for formatting and handing in assessed work All completed assignments should be stapled and clearly labelled with the student’s Examination Number. Names should NOT be written on the assignments themselves, so that they can be marked anonymously. Students who are unable to submit assignments in person may mail them to the MBA Admin Secretary, University of Edinburgh Business School; 29 Buccleuch Place, Edinburgh EH8 9JS. We recommend that assignments be sent by first class post/recorded delivery. Students are asked to attach an assignment Submission Sheet as front cover. The student’s name should be written on this sheet along with the examination number. A template for this can be found at www.business-school.ed.ac.uk/mybiz When the assignments are received the Assignment Submission Sheet will be removed before the assignments are sent to the relevant lecturer(s) for marking. Students must also submit each assignment electronically by TURNITIN. For the group assignment, once the groups have been composed, a group member will be assigned as responsible for this. Please see instructions via the Student Portal. This is to enable checks to be carried out for plagiarism on a random basis, or if suspicions are raised. Once received, assignments will be logged in and distributed to the relevant lecturer(s) for marking. Assignment marks will be made available within one month of submission or before students sit their degree examination. The University has a standardised penalty for late submission of coursework. The School will apply a uniform penalty of a reduction of 5 marks for each 24 hours beyond the coursework deadline (Saturday, Sunday and University Public Holiday not included) unless late submission has been requested in advance of the submission date and approved in writing by the course co-ordinator. For example: - an essay with a mark of 65% which is less than 24 hours late will be given a final mark of 60% - an essay with a mark of 65% which is between 24-48 hours late will be given a final mark of 55% - an essay with a mark of 65% which is 48-72 hours late will be given a final mark of 50% and so on...

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The penalty will not be applied if good reasons can be given, such as documented illness. Therefore, if you are given an extension then you must ensure that the PG office has written proof of this, e.g. in the form of an email from the Course Co-ordinator. COURSEWORK DEADLINES ARE ABSOLUTE AND MUST BE STRICTLY ADHERED TO OTHERWISE THE STANDARDISED PENALTY WILL BE APPLIED WITHOUT EXCEPTION. Extensions to coursework deadlines will normally only be granted in cases of illness or other extenuating circumstances. An extension can only be granted by the course organiser; requests for an extension to the deadline must be agreed with the course organiser prior to the coursework deadline. If this proves impossible, students must attach a letter of explanation to the coursework, signed and dated. If you are given an extension, you must ensure that the PG Office (Room GF.15, 29 Buccleuch Place, Edinburgh, EH8 9JS) has written proof of this, e.g. in the form of an email from the course organiser Failure to attempt or complete assessed coursework or an examination Where a student fails to attempt or fails to complete assessed coursework or an examination, the Course Organiser will seek to establish from the student whether the failure is legitimate (i.e. supported by appropriate documentary evidence) or not. A failure to attempt assessed coursework or an examination without good reason will result in a zero mark being awarded for that element of assessment. In the case of a legitimate failure to attempt or complete assessed coursework, the Course Organiser may decide to offer an extended submission deadline (without marks deduction for late submission). Where a student is able to produce evidence of legitimate reasons for failure to attempt or complete an examination, and where it has not been possible to offer an extended submission deadline for a legitimate failure to attempt or complete assessed coursework, the Course Organiser will refer the case to the Special Circumstances Committee. Exam arrangements for Disabled students If required, specific reasonable adjustments will be made to enable disabled students to sit examinations, including any written, practice or oral examination, continuously assessed coursework or dissertation which counts towards the final assessment. Approval of specific reasonable adjustments should follow the normal approval routes (see 3.1, 3.2). Arrangements for degree examinations must be approved in advance by the Registry (650 2214), and the Disability Office (650 6828) for dyslexic students, and reported to the examiners. The Registry requires notification of specific examination arrangements for dyslexic students well in advance of examination weeks and specific deadlines apply (see http://www.registry.ed.ac.uk/Student/Dyslexia.htm). For all other disabled students the Registry must see and accept a medical certificate or similar documentation relating to the student or be satisfied that an acceptable certificate will be produced. Such students should discuss their requirements with their Programme Director and/or the Disability Office at the earliest opportunity.

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Plagiarism Statement Plagiarism and cheating are offences against the University discipline. The full text of the University’s regulation on plagiarism and cheating can be found on the University’s website at http://www.aaps.ed.ac.uk/regulations/Plagiarism/Intro.htm Note that computers may be used to detect plagiarism, whether by using something as simple as a search engine such as Google (it is as easy for a marker to find online sources as it is for you) or something more complex for specialised comparisons of work. All courses will use the JISC Plagiarism Detection Service. Please refer to your Programme Handbook for more information on plagiarism. Appeals The process for students appealing against the assessment of grades is described in the Code of Practice for Taught Postgraduate Programmes. Feedback

Feedback on this course Shortly after 20th April 2012

Each team to receive feedback on submitted Terms of Reference

Between 22nd April and 11th June, 2012

Input and feedback available to each student team upon request, through the project’s academic advisor or other UEBS staff.

18th to 22nd June, 2012

Verbal feedback to student teams from clients and UEBS staff during presentation Q&A

By 2nd July, 2011

Written feedback on project

Consultation Students are encouraged to raise any concerns of a subject specific nature with the project’s academic advisor, and may also which to approach a relevant course lecturer; more general issues of concern should be directed to the Course Co-ordinator (Tony Kinder) or the Student Projects Manager (Douglas Graham). All but the simplest issues take time to resolve, and so please raise the issues as soon as you are aware of them. Course Monitoring Surveys Because the MBA programmes are constantly being streamlined to remain progressive and contemporary, it is essential that you provide feedback on the courses you undertake so that the academic and administrative staff can be aware of your needs and the needs of your peers; the only way we can do this is if you let us know our strengths and what can be improved to make your learning experience with us as relevant and fulfilling as possible.

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At the conclusion of every semester you will be asked to complete anonymous online Course Monitoring Surveys. You will be notified when the surveys relevant to your programme become live. The results of these surveys will then be collated and distributed to the course lecturer(s) who will in turn provide feedback on the course. All information provided by students and course lecturer(s) will be taken into consideration by decision makers within the Business School – and may alter the way that future courses are administered. We are providing you with an outlet to voice your opinions and it is very important for the current state and the future of the business school and its students that you do so. Groupwork Issues: Where group work is involved, should there be any problems with the group dynamic, these should be raised by the concerned team member with the Course Coordinator at the earliest opportunity. Course Website Lecture materials will be made available online via WebCT, which is accessible from the “quick links” area on MyBiz http://www.business-school.ed.ac.uk/mybiz/home On the Course Website you will be able to find a copy of this booklet, course handouts, announcements and other facilities. It is important that you regularly check the WebCT system in order to keep up to date with the course. You should be automatically registered for all your courses; if you are not please consult the Programme Secretary (email [email protected]) to ensure that your records are in order. A User Guide and full details of how to logon and use the system are available on the Website. N.B. It is vitally important that you check your WebCT mailbox regularly OR set it up so that it forwards messages automatically to your regular e-mail account. Advised Preparatory Work Students should consult the study skills handbook about how to reference sources mentioned in their report and “What a business report should contain” in the appendix. Students are expected to carry out brief research about their client company as soon as they are given their client details in early March. Course Co-ordinator Dr Tony Kinder The University of Edinburgh Business School (Room 2.06) Director of MBA Programme University: ++ 44 (0)131 651 3858 Mobile: 07775 804708 Email: [email protected]

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Study Programme • February: students informed of which groups they are in and brief details of client

organisation and nature of project. • 17th February: half day seminar by external consultant (Jeremy Webster of Silver Pebble

consulting) on the consulting process; • 24th February: meet Client Company at Launch event in UEBS. • Between mid March – April 20th: Draw up Terms of reference (TOR), in consultation with

client. See appendix for TOR guidelines. Submit copy by 20th April, signed by both parties, either electronically or in hard copy, to Douglas Graham on [email protected]. Work on the TOR is to be fitted around each individual’s timetable and the client’s timetable

• 20th April – 10th June: carry out consultancy work • 10th June 10am: deadline for submission of report. To be handed in to the main office in

triplicate, and to Douglas Graham in electronic form (by email). • 18h – 22nd June: Presentations. Level of Input Students are expected to prepare for their initial meeting with clients by carrying out basic research on the company and the nature of the proposed project. Between this date and the 22nd April each team will be required to draw up a TOR document which, from experience, usually requires at least a couple of meetings with clients and a thorough analysis of the organisation including a strong understanding of its value proposition. From 22nd April to 18th May each team member will be expected to put in an average of 3-4 hours work each week (depending on each students individual timetable) From late May onwards students will be expected to devote the majority of their study time to the project. The Selection of Client Companies and Student Teams The client companies are chosen by the School following an invitation for organisations to apply for a project. The criteria used to select client companies include feasibility within the timescale; background experience of the students and suitability in terms of how relevant the skills called upon are to the MBA programme. Students are invited to suggest companies to approach, though the School cannot guarantee that an approach will be made. Students are allocated to the host company by the School. Students will be invited beforehand to give general preferences about what sort of organisation and what sort of project they would like to be considered for. The School will allocate students to projects according to their suitability and any preferences will be taken into account, although allocation on these criteria alone cannot be guaranteed. The School’s decision regarding allocation to projects is final. For many students the MBA Consultancy Project is an opportunity to make contacts in the business community. Some students may continue a relationship with their client for

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Capstone Project purposes and, occasionally, some have taken up positions within the company. Confidentiality Please note that some client organisations require a confidentiality clause to be drawn up and signed. This is quite usual and the university has a team of qualified professionals who can advise on this. A template for a standard confidentiality agreement can be found in the appendix and on WebCT. You must make sure the agreement is appropriate for your client’s requirements and be satisfied with the restrictions placed upon you by the agreement. If the confidentiality agreement is appropriate for you and your client please fill in and bring to be signed by Douglas Graham, Student Projects Manager, GF12. Please also notify the Student Projects Manager of the fact that a confidentiality agreement is in place. Ownership of IP In the absence of any specific contract between the students and their client, students will own the IP (or at least, those students who had intellectual input into the work). If the intention is for the client to own the IP in the work, then the students need to sign a letter which has the effect of vesting ownership of the project outputs in the client company. A copy of this letter can be found in the appendices, along with caveats which any student entering into such an agreement should read first. Appendices 1 Responsibilities of a host company 2 Template for confidentiality agreement 3 Terms of reference guidelines 4 What a business report should contain 5 Letter of agreement giving ownership of any project IP to the client company

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Appendix 1 Responsibilities of the Host Company The host company will be responsible for the following. • Identifying an appropriate project based on a real management issue, appropriate for a

team of two or three MBA students working over a period of approximately two months, with each student spending on average three to four hours per week on the project, their time being fitted around their taught modules.

• Discussing and agreeing the Terms of Reference document by the stated deadline. • Meeting all direct project expenses, such as travel and accommodation where appropriate

and agreed in advance with the student team. • Providing a liaison person or ‘project owner’ who is easily contactable by the students and

who will facilitate access, where necessary, to as much appropriate company material and information as possible.

• Notifying and discussing with the team any changes in circumstances that may affect the

project.

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Appendix 2 Template for confidentiality agreement Note: this agreement is included here for your information only. If your client requires a confidentiality agreement please see Aidan Hetherington to discuss further. CONFIDENTIAL

To: Dear Sirs 1. Considering that you hold certain information, whether in written, oral, visual or electronic

format, of a technical or commercial information, (including, without limitation, specifications, drawings, designs, computer software and know-how), which is, or would reasonably be expected to be, of a confidential nature, (“Confidential Information”), and further considering your proposed disclosure to us of certain of such Confidential Information for the purpose of carrying out a dissertation with “insert name of client organisation here”, as part of the MBA course at the University of Edinburgh Business School (“the Purpose”), we undertake:

(a) to keep all such Confidential Information confidential and to take all reasonable

steps to ensure that copies of the Confidential Information made by us are protected against theft or other unauthorised access.

(b) not to use Confidential Information other than solely for or in relation to the

Purpose, unless (and then only to the extent to which) any other use shall have been specifically authorised in writing, in advance, by you.

(c) not to communicate or otherwise make available any such Confidential

Information to any third party (other than other students or academic staff engaged in the Purpose who are also subject to similar terms of confidentiality) except with specific prior written consent from you.

2. The above obligations will not apply to any Confidential Information which:

(a) Has become public knowledge, (other than as a result of any breach of the confidentiality undertaking contained herein).

(b) We are able to establish was already known to us or was independently

developed by us without recourse to or use of any Confidential Information.

(c) Is received by us from a third party who did not acquire it in confidence from you or from someone owing a duty of confidence to you.

(d) Must be disclosed by law or by a requirement of a regulatory body.

3. We shall make only such copies of the Confidential Information as are strictly necessary for the Purpose, and shall ensure that all such copies are clearly marked as confidential, and can be clearly separated from my own records. Any copy so made shall constitute

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Confidential Information. We shall, upon your written request, return to you all Confidential Information as is in tangible form (together with all copies thereof within our possession or control) or make such other disposal thereof as may be stipulated by you. 4. This Letter shall be governed by Scots Law.

We hereby agree to the foregoing terms: __________________________________ __________________________________ Signed on behalf of the University of Edinburgh Witness signature _________________________________ _________________________________ Name Witness Name __________________________________ __________________________________ Date Address Signed Witness signature _________________________________ _________________________________ Name of Student Witness Name __________________________________ __________________________________ Date Address Signed Witness signature _________________________________ _________________________________ Name of Student Witness Name __________________________________ __________________________________ Date Address Signed Witness signature _________________________________ _________________________________ Name of Student Witness Name

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Appendix 3 Terms of reference guideline document (for students, the client receives an almost identical version from the School) February 2011 The Terms of Reference does not need to be a lengthy document (i.e. one or two pages of A4), but it should include the following; (1). A statement of the overall project objective This may be a single statement (e.g. ‘To establish the commercial feasibility of pursuing a regional growth strategy’), or composite (e.g. ‘To evaluate the company’s current marketing, identify its strengths and weaknesses, to identify a better method to deliver the brand message to appropriate market segments’). In addition, a short presentation of the client should be included as regards location, size in terms of number of employees and turn-over, and value proposition. (2). A subdivision of project work into either chronologically sequenced stages OR

logical components to be completed separately though concurrently. Where appropriate the project should be divided into phases, with each phase representing the work required to fulfil the overall project objective or a sub aim of the project. (3). Timeframes and project milestones should be identified You must each identify the available time you have to deliver the consultancy (i.e. the equivalent of chargeable man hours), and the timing of your individual and group interventions. You also need to work out a division of labour between yourselves to ensure that all required work is completed on time. This planning procedure should be shown in the Terms of Reference. (4). Access and co-ordination details. The client should also assist by indicating which members of their organisation will be involved and for which components or stages of the project. An overall Project Owner should be identified on the client side so that the project team have a consistent point of contact. The extent of access to company information (where required) should be organised up-front – who is responsible, what limitations are there, etc. (5). Confidentiality clause The Terms of Reference should include an agreement, if required, that all information dealt with is company confidential and must be treated with the utmost discretion. (6). Statement of Procedures If your project requires some out-of-pocket expenses, please discuss with your client and indicate how and when such sums will be reimbursed.

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(7). Statement of Output This refers to the type of report that is required by the client. For example, the client may wish a feasibility study or a piece of market research. The client may require an evaluation of costs, staffing requirements or technology choices or whatever is necessary to fulfil a strategic plan that you are devising for them. Details of what is required to support the attainment of objectives should be made clear under this section of the Terms of Reference. Please try to make conclusions and their rationale clear. We believe that it is impossible to reach a clear conclusion without a good understanding of the product or service offered. Once again, please remember that you will draw up the Terms of Reference with your client’s help and advice. This document is intended to establish a clear working relationship between the client and your group. If priorities change during the project and the Terms of Reference need to be modified, with the agreement of your client, this is acceptable as long as the Administration office is notified of any changes in writing prior to the handing in of the project.

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Appendix 4 What a business report should contain The purpose of a business report is to provide a clear, succinct analysis of the issue in hand with recommendations for implementation. The layout of every business plan/report will differ according to the requirements of the project. However, each will have a number of generic elements in common in order to achieve its overall purpose. Every business plan/report should have the following elements. An executive summary This is usually the first thing that is read and analysed. It is therefore one of the most important parts of your report. It should be quite brief, no more than 500 words and should summarise all the other sections of the report, including any key financial numbers. Outline of methodology Methodology in the following refers to the method or approach chosen as the basis for any piece of work undertaken. The methodology can be compared to the recipe when cooking or baking: take these ingredients and do like this to achieve the correct result. Relating to the kind of work undertaken, the methodology will often be made up of several methods and frameworks and it is important to ensure that all parts of the methodology points towards the same shared goal which is to answer certain questions based on reliable research. As such, explaining the research approach or methodology will be a case of explaining why the outcome is credible, reliable and valid. Students will be expected to present the chosen methodology and argue why this is appropriate. In this they will be asked to: ▪ Describe their approach. ▪ To explain why this is the best approach, even if other approaches seem less appropriate

E.g. why are interviews the best option when seeking to answer the particular question or why is it better to use one model or framework and not another that appears just as suitable?

In every instance it is important to remember that examiners may only award marks for what the student actually shows that he or she is capable of, not what the examiner thinks they might be capable of. Articulation of clients’ value proposition It is vital that the client’s value proposition is articulated in order to provide a context for the business issue in hand and a means by which to measure the relevance/value of the team’s recommendations. Results of research: outline and discussion All projects will require research to be carried out, in many forms. This may be a combination of the pure desk-based research and questionnaire/interview-based primary research among relevant stakeholders. The results of the research should be set out clearly and concisely, with correct referencing. Remember to make appropriate use of appendices in order to maintain the flow of the report. The results should then be discussed and analysed according to the remit of the report.

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Recommendations and conclusion With the executive summary, this is one of the most important elements of the report and will be the most keenly analysed. Ensure that your recommendations flow logically from the earlier analysis and that they fit in with the company’s value proposition. A plan for implementation should be articulated, taking into account the company’s resources.

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Appendix 5 Letter of agreement giving ownership of any project IP to the client company Unless otherwise specified, the IP with any project lies with the student team. If the client wishes to ensure that any IP created by the project lies with them then the following agreement needs to be signed by the student team and client. This agreement is included here for your information only. If your client requires such an agreement please see Aidan Hetherington to discuss further Please read the following caveats before signing. • The use of the document represents a bind legal agreement. The student team would be

obliged to use reasonable endeavours to undertake the defined project. • The letter does not deal with the payment of any monies. If any money is to change

hands, then a suitable provision needs to be attached. • The IP in any project outputs would be owned by the client. This means that the students

will be giving up ownership of their work. For example, if the students write a report, then the copyright in that report will belong to the client - the students will have no right to copy/reproduce that report without the client's consent.

Template of letter follows on the next page.

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Putting you at the heart of business Core Course: Consultancy Project 21

Our ref: [Insert Name and Address of Client] STRICTLY PRIVATE AND CONFIDENTIAL [Insert Date] Dear [Insert Name of Client] [insert name and address of client] (“the Client”) [Insert title of project] Further to our recent discussions, we are writing to you to set out our understanding of the basis on which we have agreed to (i) undertake the Project (as defined below) and (ii) assign the IPR (as defined below) in the results of the Project to the Client. We shall use reasonable endeavours (bearing in mind the limited resources available to us as students at the University of Edinburgh) to undertake the project as detailed in the Schedule attached to this Letter (“the Project”). All written information, reports or data arising directly from the undertaking of the Project by us, along with any IPR therein, shall be the property of the Client. However, we shall be entitled to keep a copy of such deliverables for record purposes. Subject to obtaining the prior consent of the Client, we shall be free to use such deliverables for academic publication, education or research. For the purposes of this Letter, “IPR” means patents, trade marks, design rights (both registered and unregistered), semiconductor topography rights, copyright, database right, and any other forms of intellectual property protection, whether arising automatically at law or otherwise. We should be grateful if you would confirm your agreement to the terms set out in this Letter by signing below and returning one copy of this Letter to us. Yours sincerely, [To be signed by the students] We, [name of client] accept the foregoing terms contained in this Letter. ………………………………….Signature This is the Schedule referred to in the foregoing Letter from [insert names of students] and [name of Client]

[Copy of Project Description to be inserted]