Introduction
This is a guest blog post by Vicky Zhao & Della Sabrina, two students studying business management at Oxford Brookes Business School. Over the Summer, Vicky and Della completed a student consulting project in partnership with DPS Designs and QSA Partners.
QSA and DPS were delighted to work with Vicky and Della – who proved that the right talent matched with an innovative business can create compelling circular business models very quickly! Over to Vicky & Della…
Student Consulting Project with QSA Partners and DPS Designs
As part of an invaluable learning opportunity offered by Brookes Business School, our student team recently completed an exciting consulting project with DPS, a company specializing in chocolate moulds and equipment. The project was significantly enhanced by the support of QSA Partners, who brought their extensive experience in circular business model projects to the table.
Our Journey
Our journey began with intensive research into the chocolate mould production process, combining online meetings, industry studies, and on-site visits to DPS. We gained crucial insights, particularly into the creation of hollow chocolate figures. Under the guidance of QSA Partners, we explored opportunities to improve efficiency and sustainability in chocolate production. Initially, we developed five propositions centered around circular economy principles. After thorough feasibility discussions, we ultimately focused on a frame rental model as the most promising approach.
The Rental Service
This rental service, targeted at artisan chocolatiers and small-scale producers, would allow access to high-quality frames without the burden of substantial investment. With QSA Partners’ guidance, we developed a financial model demonstrating the potential profitability. We also proposed implementation strategies, including offering complete rental packages to ease adoption.
Lessons Learned
Throughout the project, we gained valuable lessons in circular economy applications, business innovation, and customer-centric consulting. This experience not only broadened our understanding of circular business models beyond sustainability but also deepened our appreciation for the intricate processes behind the chocolate moulds industry.
Gratitude and Reflection
We’re grateful for the opportunity to contribute to DPS’s growth strategy. Special thanks go to Gerrard from QSA Partners for sharing expertise in circular business models and expanding our perspectives, and to Fanzi from DPS, whose guidance was instrumental in shaping our approach.
As we reflect on this project, we’re excited about the potential impact of our recommendations. We look forward to seeing how these ideas might drive sustainable innovation in the chocolate industry, demonstrating that circular business models can create both environmental and economic value.
Fanzi of DPS said “I have thoroughly enjoyed working with Della and Vicky on this project. They immersed themselves in the project and were quick to pick up the complex elements and processes involved in chocolate making. They understood our customers’ needs, up on which they were able to build the practical circular economy solutions for us. I want to thank Gerrard too who has shared so much of his extensive experience and knowledge in developing circular economy models for businesses. I can’t wait to roll these out to our extensive customer base and saving the planet one step at a time!”
Gerrard Fisher said “Della and Vicky were keen to learn circular business model concepts and showed a great approach to the project – asking insightful questions and carrying out thorough research on the industry and competitive offers. It’s a testimony to their work that DPS can actually start trialling some circular business models straight away. I’ve been hugely impressed with their ability to draw together this work in such a short project.”