Tuesday, July 9, 2013

Ivan Karp Emerging Economies

Program Description


This program began with a group of students performing consulting services in the summer of 2011 to a diverse group of businesses in Nairobi, Kenya. Since then, the program has been organized to provide real-world management consulting opportunities for students in every major emerging economy throughout the world. We train each member to archive the network of relationships built from each experience so future students may build off their work. Our ten-year goal is to have the most robust archive of student-led international consulting projects in the Western United States, oriented specifically to understanding how to build business relationships with economies that will dominate in the 21st century.

Our program:

International experiences are vastly important to one’s education. However, we at IBSG do more than just provide an international experience. We place students in situations where they serve as consultants for companies and organizations that are experiencing significant growth. We have chosen to visit economies that will help us understand the future economy of the 21st century.

What does this mean?

Most economies of the 21st century are developing among populations commonly referred to as the Base of the Global Income Pyramid, or BoP. As our study of this growth increases in value, we have begun to understand trends that are emerging that have never before been encountered. Supply chains have become increasingly global with each passing day. With greater frequency, economic development is emerging outside of national control. For this reason, we train each of our students to think critically about the role that these economies are playing in multiple contexts.

How do we analyze these experiences?

In addition to the work that students do as consultants, our students are trained in analyzing the “global distance” within each region visited. Our students utilize a CAGE analysis (Cultural, Administrative, Geographic, and Economic) distance between our own economy in New Mexico, and the increasingly legible global economy. This form of triangulation allows us to understand the difference between international business and global business (a distinction we take seriously).

How long are these programs?

We build these programs based on the need of the client and the needs of the students. Student experiences range anywhere from two weeks to a full month.

How can I participate?

Each program is planned well in advance, and contains our most rigorous application process. Once students are selected, they are required to create a training program consistent with our deep commitment to intellectual discourse. Students will not merely prepare to visit businesses in the region. They will be required to know the language, art, literature, and politics of the places they visit, and they must have deep intellectual discussions about the political economy of that region. Our students are known for being well-prepared to participate as consultants, and with the rigorous training, they are viewed as significant partners from the first day they arrive in their location.
These are student coordinated events that use our various networks throughout the world. Our students develop a strong personal relationship with their clients, and they keep those networks alive well beyond their visit. In this regard, IBSG and IKEEP are producing a strong, but widely-cast net over the planet. If you have an idea for a student-led visit, that’s great. You may be able to turn your interest into a refined student opportunity.
Named after one of the foremost thinkers on global heritage, and one of the benefactors of our first project, this program will serve as a hub for intellectual growth and a strong understanding of the emerging world economy.

Visit our Application Page


Curriculum


While IKEEP is driven by specific consulting opportunities throughout the world (each of which have their own challenges), we produce a report which is added to our annual reports that documents the kind of training that each student must undergo before they work on any consulting work. We develop rigorous professional development opportunities based on the opportunities available.
One common aspect to all of our IKEEP projects is achieved through a CAGE analysis. By measuring the Cultural, Administrative, Geographic, and Economic distance between each economy our student encounter and the New Mexican economy, we hope to have the largest comparative CAGE database in the world with a decade. These resources are shared with policy-makers and business leaders to encourage New Mexico’s participation in the global political economy.
Every student that participates in IKEEP is assured an experience that is a strong international experience buttressed by the highest quality of professional training.

Program Managers

Audriana Stark 2014-15
Roxanne Blair 2013- 2014
Jennifer Shwartz 2013-2014
Lindsay Laine 2012-2013