Wednesday 9 October 2013

ICP 2 - Oil & Gas

It's ICP season again and here's a guest entry from my classmate Bogdan! Enjoy! 

Every person cherishes an opportunity to be a part of something special and extraordinary - this is human nature. For the second International Consulting Project my human nature got a VIP treatment.
For our second ICP, IMD decided to partner with CKGSB (http://english.ckgsb.edu.cn/), a dynamic business school from Beijing. As a result, two of our ICPs will have mixed teams, consisting of three IMD students and three CKGSB students. Moreover, one of the projects will take place entirely on Chinese soil for the whole five weeks – tune in on 25th of October to hear more from them.
My team, on the other hand, was lucky to host three amazing fellow MBAs from CKGSB for a project on Swiss soil. Arete, Michael and Songchun joined us two weeks ago, and working with them is a blast – they helped us bring a fresh perspective to our day-to-day IMD life, they are extremely eager and enthusiastic, and the class as a whole tried to make them feel very welcome and at home.
We will work with a Swiss-based oil and gas company that has close ties to China to help it develop capabilities for rapid growth in coming years, and the first week has been supersonic. We have interviewed more than a dozen of people within a company  (with at least two dozens more scheduled), and numerous industry experts. Our diverse backgrounds allowed us to be very effective: my experience in oil and gas combined well with Hammad’s process consulting expertise and Joaquin’s experience with M&A and JVs. And all of that was amplified by our CKGSB colleagues’ understanding of unique challenges posed by being a subsidiary of a Chinese company. There are still a lot of long nights and busy weekends ahead, but we are also learnings, and we are looking forward to the next three weeks.
 

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