A critical part of developing new skills is putting theoretical knowledge into practice. And that’s exactly what capstone projects facilitate.
Capstone projects ensure employees apply new skills internally to generate positive business impact and ROI.
Every Correlation One training program includes a capstone project where employees apply course learnings to real-world, organizational challenges. These projects are more than just skills development exercises as they create significant ROI for our clients.
The impact of capstone projects in 2024 for Correlation One clients garnered over:
Read on for highlights from this year’s standout projects and to learn how to replicate these results in your organization.
A commercial team at a Fortune 100, consumer packaged goods (CPG) company focused their generative AI capstone project on a key business challenge — declining in-store sales. They used generative AI to:
The commercial team's strategic use of generative AI set the stage for impressive business outcomes. The expected results from their capstone project include:
A team of 3 Marketing Directors at a Fortune 100 company focused their generative AI capstone project on maximizing efficiency and employee well-being. They looked at how using generative AI as a virtual assistant could:
Another notable capstone project is that of an Insights & Business Analytics Specialist at a Fortune 500, global, CPG enterprise.
This employee took learnings from Correlation One’s training on a custom revenue growth management (RGM) tool to find new sales opportunities.
Their capstone project leveraged the RGM tool to showcase how expanding the distribution of 4 SKUs could deliver:
3 managers from a Fortune 100 automotive company participated in a 6-week digital transformation upskilling program. As part of their training, they completed:
The 3 managers applied their knowledge of AI, machine learning, and predictive analytics to improve and automate the inventory management process. Together, they achieved $7.5M in cost savings by:
A Senior Manager, Strategy and Senior Manager, Digital Experiences collaborated on a capstone project that presented their company with a new, $6M market opportunity.
During their generative AI training with Correlation One, the pair completed a capstone project that applied generative AI for:
The insights generated from their generative AI use allowed them to identify a new, $6M revenue opportunity in a saturated, mature market.
A Strategic Pricing and Commercial Planning Manager at a Fortune 500, CPG company completed a capstone project that detailed a $2.6M growth strategy.
In their capstone project, the employee used an in-house RGM tool to build a 3-prong growth strategy. It outlined how the CPG company could:
The impact of the above capstone project culminated in a $2.6M revenue growth opportunity for the global, CPG enterprise.
The last capstone project from our 2024 highlight reel is that of a Senior CRM Specialist. This employee applied skills from training on an in-house RGM tool to:
Their capstone project revealed a sizable market opportunity for an SKU at a lower price point than the company’s existing products.
Empowered with this insight, the Senior CRM Specialist focused on introducing a more affordable SKU to drive sales in small supermarkets. The employee projected this SKU to increase market share and revenue by $3M.
The above capstone projects highlight the value that strategic workforce development objectives bring to your organization.
To achieve similar results, your organization must invest in practical, hands-on learning that directly addresses your business challenges.
Correlation One's capstone projects are just one way that we tailor our programs to the organizational needs of our clients and ensure scalable, measurable results. Partner with Correlation One to:
Interested in working with us? Get started today.