Tag Archives: non-profit

MBAs sharpen consulting skills with local non-profits

ServiceCorp7MBAs at the Foster School are honing their consulting skills and giving back at the same time. The Net Impact Service Corps initiative matched teams of Foster students with local non-profits that needed assistance with a specific business problem. This year, 20 MBAs worked on projects with the YMCA and the Children’s Therapy Center, an organization that serves families of children with special needs.

Foster Net Impact, with the help of MBA Career Management, organized and brought together Social Venture Partners, McKinsey and Accenture around the Service Corps projects. Paul Shoemaker, executive director of Social Venture Partners (SVP) – an organization devoted to cultivating effective philanthropists and strengthening organizations that drive community change – provided preliminary contacts with local nonprofits needing strategic consulting help. Paul came to Foster to launch the Net Impact Service Corps initiative and discuss how MBA skills can be leveraged in ways that make a huge impact to nonprofits. McKinsey and Accenture played a key role in mentoring Foster students, helping them develop business models and consulting skills that were used in working with their clients.

ServiceCorp5During the course of the project, the MBAs attended seminars where Jun Kamata, a former McKinsey consultant now in charge of strategy at Nordstrom, presented models used by consultants on how to manage project workflow, manage client engagement, present data and make recommendations to clients. Mike Quinn of Social Venture Partners instructed students on how to navigate from the profit to non-profit world while building consulting skills with clients.

The student’s primary goal in working with each of the non-profits was to enhance their current effectiveness in the non-profit sector while also investigating opportunities to diversify the non-profits into opportunities that might support the core mission. For Children’s Therapy Center, the students helped the center develop a sales and marketing plan for products that would provide additional revenue opportunities for the organization. The students helped the YMCA develop a new donor strategy to increase annual funding.

As Jun Kamata, director of strategy at Nordstrom noted, this collaboration is a win for the nonprofits, for the students, and for the consulting firms. Nonprofits get needed help in developing their strategy and effectiveness, students get hands-on experience with some of the leading consulting firms in the world, and McKinsey and Accenture get the opportunity to mentor and engage with Foster students

ServiceCorp11According to Jon Botten, executive director of the Children’s Therapy Center, “We have been blown away by the commitment of the students! They asked probing questions, listened to our needs, generated quality ideas and delivered beyond our expectations. I can honestly say that we will be implementing many of their suggestions, and as a result, the children we serve will be that much closer to reaching their full potential.”

Foster students benefit too. John Czerniak, a first-year MBA who accepted a McKinsey summer internship, stated, “As a part of Net Impact’s Service Corps program, I have had the opportunity to work with some amazing people – including our client, Children’s Therapy Center, and Social Venture Partners, McKinsey, and of course, my Foster teammates. I have been able to use the skills and classroom experiences from my MBA to influence a real business decision for an organization making a big difference in peoples’ lives. In addition to the wonderful parts of the project, we have faced several challenges that only come with working on a real-world project. Working through these challenges with my team and client was one of the most valuable parts of my Foster experience thus far. As I go into consulting for my internship this summer, I’m confident that my Service Corps experience will serve me well in working with clients and solving complex business problems.”

Board Fellows: making an impact and growing managerial skills

Johnnie MobleyJohnnie Mobley discovered the UW Business and Economic Development Center Board Fellows Program during his second year as an evening MBA student. Mobley was looking for an opportunity to make an impact in his community, learn about the process of becoming a board member and develop his leadership potential. In 2010, the Rainier Chamber of Commerce selected him as their board fellow.

During his fellowship Mobley was able to acquire executive management experience by having a direct and hands-on impact on how programs operate and help mold a community. He adds, “If there was ever a time for creativity, it is when you are serving a non-profit organization. If you want to be creative and innovative, serving in a non-profit organization is the place for you because there are goals that need to be met and there are extremely limited resources. I think that anyone who wants to be in management and is looking to further their career should serve on a non-profit board because it is a place where you can see if you have what it takes to be in management.”

The UW BEDC Board Fellows Program has been an integral component of the UW Foster MBA experience for the last 12 years and since 2009 of the UW Evans Masters in Public Administration program. As a board fellow, graduate students are provided the opportunity to serve for one year as non-voting members of local non-profits’ board of directors.

Mobley graduated from the Foster MBA Program in 2012 and currently works for Boeing. Upon graduation from the Board Fellows Program he was officially invited to join the board of the Rainier Valley Chamber and is now serving as treasurer. The Board Fellows Program is supported by Wells Fargo Bank and UPS. Learn how to nominate a nonprofit to become part of the Board Fellows Program.