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

RSM US - Develop a Growth Strategy
Due Date
Activities
Deliverables
Status
Action
Wed, 08/30/23
12:00 PM EST (UTC-05:00)
Company and Projects Reveled
No Deliverables
No deliverables are required for this action item.
Location: In Person
Mon, 09/11/23
12:00 AM UTC
Program Kickoff
No Deliverables
No deliverables are required for this action item.
Location:
Wed, 09/20/23
8:00 AM EST (UTC-05:00)
Presentations
Required Action Item
Required Deliverable
Deliverable submission is required.
Mon, 10/02/23
8:00 AM EST (UTC-05:00)
Presentation Number 2
Required Action Item
Required Deliverable
Deliverable submission is required.
Wed, 10/04/23
12:00 AM EST (UTC-05:00)
Company Visit
No Deliverables
No deliverables are required for this action item.
Location: In Person
Mon, 10/23/23
8:00 AM EST (UTC-05:00)
Final Presentation
Required Action Item
Required Deliverable
Deliverable submission is required.

Program Managers

Name Organization
Scott Rosenfelder Northern Illinois University (NIU)

Teams

Team Name  Project Name  Team Members 
No Teams Available