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MGT 100 Final Presentation
- 1. TECH PARK EXPRESSTech Park Express Management 100H class
- 3. INTRODUCTION Leaders ● Why take the roles? ● How they integrate
- 4. Helpful Concepts and Principles ● Leaders Vs. Managers ● Effective communication ● Understanding and working with organizations ● Circle of Safety
- 5. Learning How to organize a big group into sections Success from decentralized leadership How each department affects the others Culture is key
- 7. SWOT ANALYSIS Strengths Support from faculty Resources High quality products Big selection Weaknesses Inexperience Cost of meals No market research Third party business Meals located at SBDC Opportunities Gain experience Defined market Little competition Expansion New products Add services Threats Lock on the door to vending machine Limited student time Low demand Spoiling inventory Competition (Wawa)
- 8. GOALS ● Create a successful business model ● Sell all inventory ● Establish an efficient hands-on learning environment
- 9. STRATEGIES FOR ACHIEVING GOALS ●Actively update a timeline ●Team building and teamwork ●Communication ●Deadlines (Samepage/ Google docs)
- 11. Marketing Roles ● Individual roles ● As a department ● As a whole business
- 12. Helpful Concepts ● Start With Why by Simon Sinek ● Sticky Marketing ● Fail often to succeed sooner - Tom Kelley of IDEO
- 13. Principles to build on ● Being proactive ● Effective teamwork ● Comprehensive communication
- 14. Learning ● Constant communication is necessary ● Establish “The Why” as early as possible ● It’s okay to not succeed at first, just keep moving forward
- 16. Vending Machine Sales at the End of the Project
- 18. The Books
- 21. WebsiteManagement Objectives: Optimize for use at UTP building Work out prior issues Eventually optimize for campus and UTP users Roles: Stay in contact with Marketing Troubleshoot any issues that arise Receive input from the company
- 22. OperationalTimeline September 20th received first batch of meals September 27th sold first meal Sold 26 meals by November 20th
- 23. INVENTORY REMAINING AS OF 12/3 Chicken Parm Ravioli Cheese Lasagna Tortellini Total Supply 12 12 12 12 48 Committed to deliver 0 0 0 0 0 Delivered -12 -10 -10 -12 -44 Available 12/3 0 2 2 0 4
- 24. Learning ● Recording transactions ● Understanding an inventory process that made sense ● The importance of on-time delivery ● The face of the business ● Communication is key
- 26. These are the ten core values that Zappos employees live by: 1. Deliver WOW Through Service 2. Embrace and Drive Change 3. Create Fun and A Little Weirdness 4. Be Adventurous, Creative, and Open-Minded 5. Pursue Growth and Learning 6. Build Open and Honest Relationships With Communication 7. Build a Positive Team and Family Spirit 8. Do More With Less 9. Be Passionate and Determined 10. Be Humble
- 27. Team Core Values 1. Each member of the team has something meaningful to say 2. What you know can be beneficial to a team member 3. Everyone on this team is a leader 4. Look for a solution not for solace 5. We will hold each other accountable without stress 6. The customer always comes first 7. We can always do better 8. Do what is right for the whole of the group 9. We must not get off track if problems arise 10. Teamwork makes the dream work
- 28. BEGINNING STAGES ● Short Preparation ● No previous market research ● No sales coming in ● Not proactive ● Waiting for a sale ● No long term plan ● Shooting down ideas/ frustration DURING THE PROCESS ● Lack of time and effort ● Meals Located in the SBDC STRUGGLES RECOVERY ● Vested Interest ● Marketing- Flyers ● Communication
- 29. Conclusion ● Overcoming hardships ● Learning new things ● Creating an experience ● Not really failure, a new beginning