STAR Uses an Effective Methodology to Problem Solving
At Kenan-Flagler, we have developed a special approach to conduct action-based, experiential project learning. In order to create a realistic consulting experience for the students and to produce a professional, valuable deliverable for the corporate partner, the client, STAR students follow the TEAM FOCUS methodology. This is based on extensive research on efficient and effective team problem solving from the McKinsey Engagement coupled with other consulting best practices developed by our exceptional faculty.
The following is an example of the hypothesis based, research driven methodology that strongly emphasizes the value of exceptional teamwork, intentional data gathering and excellent communication skills.
The STAR team that comprises of undergraduate and MBA students assisted by a faculty advisor work closely with the members of the client team over the course of the 4-5 month project to drive toward meaningful recommendations that are implementable. This effort requires multiple phases of efforts that produces ongoing deliverables or output in order to keep the project effort on time, within scope and results oriented.
Shown below are the stages of our process: