Consultancy projects form one of the major and integral activities undertaken by faculty at IIM Lucknow. In addition to generating revenue, consultancy projects help IIM Lucknow faculty in keeping abreast with practical management issues facing industry and government. These projects also lead to development of cases and research papers, thus contributing to the body of knowledge.
In consonance with the institute’s philosophy of concern for and commitment to the society, consultancy activities have focused on improvement and betterment of existing public utility systems and core areas. In this respect, our faculty has been undertaking several socially relevant consultancy projects in thrust areas like Agriculture, Entrepreneurship, Health Management, Education, Information Technology, Transportation and Rural Development. Past projects include strategy recommendations, customer analysis, cost analysis, balance sheet analysis and review of financial forecasts, marketing plans and many others.
Six consultancy projects were completed during the academic year 2017-18, whereas eleven were ongoing. Out of the ongoing projects, six were new consultancy projects awarded to IIM Lucknow during the academic year 2017-18. The clients of these new projects were Brandvox Communications Pvt. Ltd., Shiv Nadar Foundation, Nuvoco Vistas Corp. Ltd., National Handloom Development Corporation Ltd., Department of Posts, New Delhi and U.P. Beej Vikas Nigam, Lucknow.