IMPACT magazine - Issue 10

Page 60

Engagement

MBA Strategic Business Projects can reenergise your organisation Before commencing my MBA journey at the Business School, I worked as a lead for the business intelligence team at Sembcorp Energy India Ltd., one of the most highly regarded utility companies in India. I chose to do my he energy sector is undergoing a rapid transition globally strategic business project with Durham Energy to drive down greenhouse gas emissions. To tackle climate Institute (DEI) as I have over nine years of change it is essential to proactively and effectively expand professional experience in the energy sector and energy research domains. Globally reputable researchI really value the inspiring work that they do. based universities are doing just that, expanding their Durham Energy Institute is the hub of energy energy research domains and funding through their energy research and activity at Durham University. It institutes with their strategic alliances, academic staff, industrial is an interdisciplinary institute that promotes a partnerships and funding mechanisms. whole systems approach to energy, drawing on the insights of science, social science and the humanities to produce world-leading research addressing global energy challenges. Key areas of research leadership include offshore wind energy, decarbonising heating and cooling, low carbon energy transitions, hydrogen, energy materials and ensuring just transitions, to name but a few. The purpose of my business project was to review the strategic aims, goals and achievements of DEI over a five-year period from 2020 to 2024. The main focus of the project was to analyse current performance and where appropriate, to define future strategies to promote the Institute as a global resource in energy and climate change. With greater commercial and academia competition in the energy research landscape, it is essential for the organisation to focus on the critical success factors that can strengthen its global reputation. A situational analysis of DEI's critical success factors The project gave me formed the basis of the project. immense satisfaction – The aim was to identify those it fundamentally factors that could be built upon broadened my further in order to reposition the perspective and Institute as a key global influencer expanded my in energy research. Thus, I was able knowledge in to thoroughly review the capabilities a multitude of DEI, including limitations in its current of ways. performance and constraints in managing and implementing its long-term strategic objectives. On completion of the project, my report provided clear, evidence-based strategic recommendations and management actions ready for implementation by DEI, which they could use to transform the existing operating model and further strengthen its position globally.

Read about Sindhura Kalyanam’s insightful strategic business project with the Durham Energy Institute.

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Durham University Business School / IMPACT


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