I have copied this exactly from the MBA Strategy Consulting Project as this is very much what we are looking for:

Student-consultants will undertake a comprehensive strategic study of your organization and its external environment to identify key strategic issues and develop actionable recommendations - including an implementation plan - to help your organization achieve its goals.

Feedback from past clients indicates that they most appreciate the in-depth analysis and objective assessment of their operations and the new insights and perspectives introduced by the students.

Project

Beginning in March, a team of six to seven MBA students will spend up to a combined 1,750 total hours completing a comprehensive study of your company and all of its business functions.

Based on their in-depth research and analysis, the student-consultants will identify future prospects for the organization and recommend specific strategic actions, including a detailed implementation plan and an outline of the financial implications.

Area of Focus:

Instead of focusing on one area of your business, the team will perform a comprehensive analysis of your organization, including internal (e.g., financial health; customer base; strategic capabilities; human capital) and external (e.g., competitors; industry and market trends; customer behaviour; technological developments) factors. This will lead to insights and recommendations that address the needs of your organization, holistically. However, organizations are encouraged to provide a goal or suggested area of focus to guide the students' direction.

Areas that students may focus on include, but are not limited to:

• New product offerings
• Changing organizational structure
• Comprehensive analysis leading to insights and recommendations on strategies for potential to develop new products and technology offerings.