Innovative solutions to business problems

BUSM4370
Closed
RMIT University
Melbourne, Victoria, Australia
VICTOR BORG
Course Coordinator
(3)
3
Timeline
  • July 18, 2022
    Experience start
  • October 23, 2022
    Experience end
General
  • Undergraduate; 4th year
  • 5 learners; teams of 5
  • 30 hours per learner
  • Dates set by experience
  • Learners self-assign
Preferred companies
  • 3/3 project matches
  • Anywhere
  • Academic experience
  • Any
  • Any industries
Categories
Accounting Information technology Supply chain optimization
Skills
competitive analysis business services business strategy data analysis research
Project timeline
  • July 18, 2022
    Experience start
  • October 23, 2022
    Experience end
Overview
Learner goals and capabilities

We are seeking business partners to work collaboratively and share different insights into business problems with students studying accounting, logistics and IT . These students are 4th year undergraduate students in their final year of study. The students have gained exposure to real life business problems from their 12 month placement in the workforce and have developed problem solving skills which can be applied to the identification of innovative solutions to business problems.

Expected outcomes and deliverables

To be determined in collaboration with project sponsor. Final project submissions can be a report, presentation or artefact.

Project Examples

Students will be working on providing innovative business solutions to a business challenge or opportunity of your choosing. Past examples include:

  1. Developing financial models and forecasts to identify innovation opportunities in pricing and cost structures.
  2. Industry and market analysis to identify emerging innovation opportunities for fertilizer manufacturers.
  3. Tracking and evaluating competitor innovation developments in fraud risk assessment and monitoring.
  4. Development of business case to support a Fintech startup.
  5. Review existing accounting systems for a large business and develop recommendations for improvements.
  6. Designing IT solutions for the retail sector.
  7. Analyzing logistics and supply chain cost structures of a national trucking company.

Additional company criteria

Companies must answer the following questions to submit a match request to this experience:

Provide a dedicated contact who is available to answer periodic emails or phone calls from students over the duration of the project to address students' questions.

Be available for a quick phone call with the instructor to initiate your relationship and confirm your scope is an appropriate fit for the course