Define a strategy for the business school

Imagine you pay 30.000 GBP to someone just to help this person with his/her homework...sounds stupid?
Well, I'm doing that right now.
My strategy professor told us today that the business school is currently redefining its strategy and that he is on the work group that does that. But what does that have to do with our strategy lecture? He sent us out of the lecture theatre and told us that he wanted us to split up in groups, work out a strategy for the business school, be back in 1 hour and present it to him and the class...WOW!!! We all came up with very good ideas, some of which the professor even wrote down, because he wanted to think about using them.

I better get back to work now...this will be a really tough week - the last week of the term with a major assignment due on Friday. I don't think I'll get much sleep for the next couple of days.