Students of the Honors Business Strategy capstone class at Colorado State University’s (CSU) College of Business are now in their final week of courses. However, two weeks ago the students were standing in-front of five Lockheed Martin Space Systems Company (LMSSC) executives, two of their esteemed professors, and a partner of Denver-based strategy and management consulting firm, RAS & Associates, presenting their findings to a case put forth by the Aerospace and Defense industry leader. Finals week may be a breeze compared to the weeks, even months, prior to this intense real-world simulation.
For the fifth consecutive year, teams of five to six students taught by Bill Shuster, professor of the honors capstone course at CSU, spent the morning at the Littleton Colorado LMSSC campus presenting their recommendations and supporting data for a LMSSC-built problem statement. The problem statement, which students examined over the entire spring semester, addressed certain make-or-buy considerations LMSSC identified as a recent topic of interest. After presenting two recommendations and leading panel members through supporting analytics, each team proved to be quick on their feet during a wrap-up question and answer session. “They were able to frame a complex problem, find viable, data-driven recommendations and then link those recommendations back to LMSSC’s strategic direction” said Shuster, “The students once again exceeded expectations.” Read More