Project Title: Develop a Growth Strategy

RSM US

Details
Project Title Develop a Growth Strategy
Project Topics Growth Strategy Operations Reporting, Financial Planning & Analysis
Skills & Expertise
Project Synopsis: Challenge/Opportunity
RSM aims to chart a course for sustainable growth and financial prosperity while optimizing its performance and strategic direction. The challenge is to craft a growth strategy that evaluates the organization's financial projections, assesses strengths and weaknesses, identifies efficiencies, and aligns with the overarching strategic plan. 

This project presents a unique opportunity for Finance and Accounting students to gain hands-on experience in financial analysis, offering insights into profit and loss (P&L), balance sheets, and strategic planning. The goal is to equip students with practical knowledge and information to provide well-informed research and recommendations for RSM's growth.
Project Synopsis: Activities/Actions Required
  • Evaluate RSM's current organizational structure, financial performance, and strategic plan.
  • Analyze financial projections, including P&L statements and balance sheets.
  • Identify strengths and weaknesses within RSM's financial framework.
  • Explore opportunities to enhance efficiencies and operational effectiveness.
  • Develop a growth strategy that aligns with RSM's strategic plan.
  • Provide financial insights and recommendations to optimize performance and direction.
  • Collaborate with RSM's finance and strategy teams to ensure alignment.
  • Prepare a comprehensive report and presentation outlining the growth strategy and its financial impact.
Project Synopsis: Expected Results
  • Improvement in financial performance metrics, such as revenue and profitability.
  • Successful implementation of recommended efficiencies.
  • Alignment of the growth strategy with RSM's strategic plan.
  • Positive feedback from RSM leadership and stakeholders on the strategy's feasibility and potential impact.
  • Achievement of predefined milestones related to strategy development and implementation.
  • Contribution to RSM's long-term growth and success in the market.

Project Timeline

Touchpoints & Assignments Date Type

Company and Projects Reveled

Aug 30 2023, 12:00 PM EST (UTC-05:00) Event

Program Kickoff

Sep 11 2023 Event

Presentations

Sep 20 2023, 08:00 AM EST (UTC-05:00) Action Item

Presentation Number 2

Oct 02 2023, 08:00 AM EST (UTC-05:00) Action Item

Company Visit

Oct 04 2023 EST (UTC-05:00) Event

Final Presentation

Oct 23 2023, 08:00 AM EST (UTC-05:00) Action Item

Program Managers

Name Organization
Scott Rosenfelder Northern Illinois University (NIU)

Teams

Team Name  Project Name  Team Members 
No Teams Available