The Benefits of Becoming a Host Organization
Israel Lab, like each of MIT Sloan’s Action Learning courses, delivers measurable impact—to the enthusiastic MIT students who participate, and to the companies who benefit from the groundbreaking project work that is part of every Action Learning lab.
Israel Lab is a unique opportunity for Israeli startups:
- to work with a team of skilled, business-savvy MIT students on specific issues startups are facing
- to collaborate to find concrete, implementable solutions through research, analysis, and knowledge sharing
- to gain insights and guidance from a student team with wide-ranging skills, work experiences, and cultural backgrounds
When selecting their project scope, host companies can choose from a broad spectrum of business challenges, such as strategic growth, new market entry, pricing, marketing, benchmarking, VC and fundraising, and financial strategy.
Israel Lab strongly emphasizes concrete “leave-behinds” as a primary component of the teams’ project deliverables. For example, student teams may deliver tools such as financial models, potential customer/investor/partner pipelines and screens, and go-to-market roadmaps.
Israel Lab teams are typically comprised of four MIT students representing a range of backgrounds and expertise, from management consulting and financial services to engineering, technology, and operations. Each team works with an Israel Lab mentor who meets with the team and oversees the team’s progress, both logistically and substantively. The team, however, is in charge of building and managing the relationship with their host company.
The Project Calendar
Teams work for their host organizations on a three-month project engagement. Potential host organizations submit online questionnaires through September, in which they describe the scope of the challenges they are facing and the solutions they would like an Israel Lab team to work on. We ask potential hosts to detail the skillsets and expertise they believe would be most useful for team members to possess. Israel Lab faculty and mentors are available to assist organizations in shaping and defining their project scope for the questionnaire.
In the fall, Israel Lab faculty match approved host organizations with the best-qualified teams. From November through December, the teams work with their hosts from campus to finalize the scope and agree on a workplan, and then undertake research, interviews, and analysis. Host organizations and teams build their working relationships through online collaboration and regular conference calls throughout this remote phase.
In January, when MIT classes are not in session, teams work full-time onsite at their host organizations’ offices in Israel for three consecutive weeks.** The teams’ final deliverables include a formal presentation and, more importantly, a concrete analysis that host organizations can begin to use immediately.
**We ask that you allow your team time away from work for cultural activities that MIT Sloan coordinates for the student group. The dates of these activities will be communicated to host companies in advance.
Host Company Obligations
Host organizations receive optimal results when the CEO or other senior managers are available to devote focused time and energy to the project and to working directly with the Israel Lab team, especially while teams are onsite. Please make sure that the appropriate leaders will be available to work with and guide the student team.
While MIT Sloan does not charge companies a fee for engaging an Israel Lab team, host companies do assume responsibility for 1) round-trip coach airfare for the team, and 2) modest, safe lodging while they are in Israel.
Host companies should be comprised of at least 25 employees, and must provide a clear project statement and project objective.
In order to participate, companies will complete the Israel Lab new project questionnaire. If you are interested in becoming a host company for Israel Lab, please contact firstname.lastname@example.org with your questions or ideas.