Global Practicum Project (OneHRT, Wenzhou, China)
June 05, 2018: Team Up
A Global Practicum consulting team for OneHRT at Wenzhou, China is set up.
For learning and collaborative works, a dedicated space is assigned to the CBPM building (A202) at Kean University (Wenzhou).
A learning management system (Mainly Google Classroom https://classroom.google.com/c/MTU4MDcwNDAxNjNa ; supplementary- Blackboard) was organized and structured.
All necessary materials (class, lecture, consulting tools, template, team sharing, resources, Bloomberg database) are in the system.
June 06, 2018: Site Visit
A Global Practicum consulting team made a site visiting at OneHRT, Wenzhou, China. We were kindly welcomed by the OneHRT company. We visited two sites, and we could get basic understandings about the company throughout observation, Q&A, and intensive communication.
The Kean Global Practicum Consulting team and the Company - OneHRT made an initial agreement that contained purpose, scope, period, benefit, and information confidentiality.
June 07, 2018: Consulting Process & Bloomberg Terminal @WKU
The WKU consulting team learned about the consulting processes and basic tools.
The team learned how to access "Bloomberg database terminal @ Kean University (Wenzhou)" - the most reliable business data source to cultivate the industrial knowledge and company profiles.
June 08, 2018: Company Analysis & Benchmarking Analysis
The WKU consulting team learned about how to conduct company analysis and benchmarking analysis. The team started gathering data for analyses.
June 09~12, 2018: Debriefing and Data Mining
The WKU consulting team analyzed the client's need and started mining data for Benchmark study.
June 12, Fixing Schedules
The WKU consulting team fixed the project schedule.
June 13, Transforming Data/Information to Knowledge
The WKU consulting team started creating new knowledge based on acquired data and information.
Alpha Team (Global Leaders in the Workforce Management Industry)
Beta Team (Chinese Domestic Market Leaders in Workforce management industry)
Gamma Team (Chinese Domestic Market - Competitors)
Delta Team (Client Analysis & Format Checker, Fact Checker, Relation Coordinator)
June 14, Client Meeting for Updating
The WKU consulting team had a progress meeting with the Client (OneHRT) to update our progress. Three team leaders and three coordinators participated in the meeting.
At the meeting, the WKU consulting team got a fresh and extensive request for conducting Corporate Social Responsible study for the company.
June 18, (Dragon Boat Holiday) Formulating Strategies and Suggestions
The WKU consulting team crafted strategies and solutions for the client.
June 21, Final Presentation in English @ OneHRT
The WKU consulting team presented our analyses, strategic options, and suggestions for OneHRT.
June 22~25, Translating Contents into Chinse for Final Presentation in Chinese @ OneHRT
The WKU consulting team translate documents into Chinese to make a Chinese presentation.
In addition, WKU consulting team formulate a few strategic goals including vision, mission, value, and objectives for the client.
June 29, Final Presentation in Chinese @ WKU
The WKU consulting team made the final presentation in front our 11 OneHRT clients (2 ~4PM @ CBMP Building C323).
The team suggested eight strategic suggestions for OneHRT. Particularly, three immediate actions were proposed (OHT-WKU Internship Program; Makespace Improvement; Project Management Certificate program collaboration).
From the results of this global practicum consulting project, OneHRT wants to continually collaborate with WKU. And the company would like to suggest follow-up projects and stronger support for WKU.
In 2018, Twenty Kean University global business major students from New Jersey, USA and Wenzhou, China were hired as business consultants by the OneHRT (http://www.oht168.com) company – a workforce management company at Wenzhou, China.
The mission of OneHRT consulting project was identifying managerial issues of the company and providing strategic solutions.
The Kean student consultants completed:
⎫ Identified managerial issues of the company
⎫ Defined a managerial problem
⎫ Conducted external analysis of workforce management industry
⎫ Conducted internal analysis of the company
⎫ Formulated and suggested strategic options
⎫ Provided actions plans to implement strategy
Particularly she completed Benchmarking analysis of eleven Chinese domestic workforce management companies in the perspectives of:
⎫ Leadership profiles
⎫ Mission/ Vision / Value
⎫ Brief Growth History
⎫ Services / Brand
⎫ Size & Operation
⎫ Brief financial outcomes
⎫ Profitability analysis
⎫ Key success factor
⎫ Recent growth strategy
⎫ SWOT analysis
Based on these rigorous research and investigation, Tracy proposed eight strategic suggestions for the client. And three suggestions were immediately implemented at OneHRT (e.g. Implementing internship program; Renovating Makerspace; Applying for One-Belt-One-Road mega project partnership).
The Kean Global Practicum Project for OneHRT achieved the planned goals and created extra values thanks to the well-structured three months preparatory classes in the Union, New Jersey, and well-organized and intensive practice in Wenzhou, China.
P.S.) The success mainly credited to Kean Leadership, CBPM leaders, and staffs. Moreover, those 20 hard working Kean business students must get the largest share of this success.
QR Code for Kean Global Practicum Project (2018 Summer, OneHRT)
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