Company Time and Resource Commitments

 

The investment of your company’s time is critical to the teams’ ability to develop rich, detailed recommendations that you may adopt and implement. Specific commitments include:

  • Appointment of a primary liaison for the project. This crucial role will interact with students on a regular basis (sometimes daily) and facilitate access to the company’s resources and information. Your liaison will also need to communicate frequently with the project faculty advisor to discuss project status and technical details. An alternate liaison is also recommended to be identified in the event that the primary liaison becomes unavailable.
  • Access to relevant, and sometimes sensitive, information and personnel to complete the project. For instance, they may analyze financial information, interview employees and customers, attend internal meetings, and observe business processes. Maintaining confidentiality of your proprietary business information is an important aspect of our work with your company. Non-disclosure agreements are available for student teams to sign.
  • Appropriate on-site workspace, computers, telephones, copying, and other needed equipment for the student teams.
  • Reimbursement of all reasonable student expenses associated with the project. These could include airfares and/or vehicle mileage, out-of-town accommodations and meals, telephone and fax charges, printing of documents and final reports, and other project-related expenses. Because students typically work with tight personal budgets, the company should discuss and negotiate any specific expense reimbursement policies and procedures with them and the project’s faculty advisor at the beginning of the project.