Individual Portion
Your individual task will be to contribute a section of the product proposal and pro-forma statement for the new product idea. Make sure your portion is 2 pages. In addition to sending it to a designated person who will consolidate all of the contributions into a proposal, this paper will be submitted to your instructor.
Individually, each student will create 3 to 4 slides (with 200 to 250-word speaker notes per slide) covering their portion of the proposal in slide presentation format to be pitched to investors.
Make sure to provide APA citation and references for both portions of this assignment.
Please add your file.
Your assignment will be graded in accordance with the following criteria. Click here to view the grading rubric.
Part 1: Group Proposal
Using the Small Group Discussion Board, the group will come to a consensus on a single product idea and develop a proposal of 8 to 10 pages addressing this new product, the state of its industry, and details of its market.
The group will also come to a consensus on the business model approach: intrapreneurial or entrepreneurial. Details about the character of the company, its contributors, of why this approach was chosen for this project should be included in the proposal.
Provide information on the product selected, its market, and its industry.
The proposal must also provide new information on the chosen product’s main competitors, how their product is different the competition, and detail the demographics of the product’s target customer.
Additionally, the proposal should include a company overview of pro-forma, its business principles, its contributing team members including details about their skills and strengths, and a basic pro-forma income statement utilizing business premier index. This should include basic cost projections and other resource requirements for the product. Download Pro-Forma Statement Template.
Each member of the group should select a section of the proposal described above. In addition, select a member of the group who will consolidate all of the individual contributions into one clear and polished piece upon which a decision to proceed can be based.
In addition to discussing the logistics of completing the project, each team member is expected to contribute the following:
a minimum of 1 contribution about the product, its industry, market, its demographic, its competitors, etc.
a minimum of 1 contribution about the company, its business model approach, its team member’s skills and strengths, its principles, etc.
Part 2: Presentation
Lastly, the group will prepare a 10 to 12 PowerPoint slide presentation to share the group’s vision of how this new product will position Triangle Solutions as the market leader for years to come. The presentation should provide sufficient details and supporting information to convince Triangle’s CEO and Board of Directors to approve the proposal and begin the intrapreneurial or entrepreneurial development of the product. The presentations should also demonstrate a solid understanding of the intrapreneurial or entrepreneurial approach that has been chosen.
Additionally, include a title and reference slide. The title slide (including topic title, your name, etc.) makes your presentation look and appear professional. The reference slide should provide APA references for information cited throughout the presentation and ensures credit is acknowledged for other’s work.
Assessment 6 – MBA-FP6022 – Summer 2017 – Operations Improvement Plan
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Assessment 6 Operations Improvement Plan
Overview
Create a complete, cohesive 8–10-page operations improvement plan for Toyota.
Note: You must complete Assessments 1–5 before you can begin this assessment.
By successfully completing this assessment, you will demonstrate proficiency in the following course competencies and assessment criteria:
Competency 1: Develop innovative and sustainable solutions to strategic and global operations management challenges. Develop an innovative and sustainable solution to a strategic and global operations management challenge.
Competency 2: Apply theories, models, and practices of global operations management to address business problems. Apply theories and models of global operations management to improve a specific process. Support a proposed operations improvement plan with relevant data and measurements.
Competency 3: Integrate operations management analyses into general business management planning and decision making Create an integrated, complete operations improvement plan. Integrate process improvements into broader business goals, values, and priorities.
Competency 4: Communicate in a manner that is professional and consistent with expectations for members of the business professions. Communicate in a manner that is professional and consistent with expectations for members of the business professions.
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Competency Map
Use this online tool to track your performance and progress through your course.
CHECK YOUR PROGRESS
Context
Details Attempt 1 Available Attempt 2 Attempt 3
Tools
Martie Kim 9
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Assessing the cost and benefits of any process is just as important as correctly identifying and resolving issues. A successful process is difficult to sell if the appropriate cost and benefits are not clear to all stakeholders. Often, these consist of qualitative and quantitative factors, which should be included in the process improvement plan. The objective of process improvements may be to improve the cost, quality, capacity, inventory, or timeliness of the output. It may also be to make the process more flexible, allowing entirely new outputs to be made (Gray & Leonard, 2009).
Reference
Gray, A. E., & Leonard, J. (2009). Process fundamentals [Case No. 696-023]. Boston, MA: Harvard Business Publishing.
Questions to Consider
To deepen your understanding, you are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of the business community.
Based on what you have learned through your research and assessment work in this course, as well as your own prior experience:
Consider the applications of operations improvement for international operations. How do these differ from domestic applications? How might operations improvement processes differ between the service and manufacturing sectors, both internationally and domestically?
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Resources
Suggested Resources
The resources provided here are optional and support the assessment. You may use other resources of your choice to prepare for this assessment; However, you will need to ensure that they are appropriate, credible, and valid. They provide helpful information about the topics in this unit. The MBA- FP6022 – Strategic Operations Management Library Guide can help direct your research. The Supplemental Resources and Research Resources, both linked from the left navigation menu in your courseroom, provide additional resources to help support you.
The following resource presents the differences in research methods.
Research Methods Comparison Table.
The following resource presents the differences between Qualitative and Quantitative research methods.
Qualitative Research | Transcript.
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The following resource presents scenarios for selecting the appropriate questionnaire.
Questionnaire Types | Transcript.
Toyota Specific Resources
Cole, R. E. (2011). What really happened to Toyota? MIT Sloan Management Review, 52(4), 29–35. Gerondeau (2015). How Toyota Recovered from a Huge Crisis. What can be learned from it. Retrieved from: https://thethirdroad.com/?p=280 Khan, Riz (2010). The Toyota Crisis. Al Jazeera English. Retrieved from https://www.youtube.com/watch?v=EDRFamLGATk
Additional Resources for Further Exploration
You may use the following optional resources to further explore the Questions to Consider and assessment topics.
Operations Management
The following resources offer a foundational broad view of operations management.
Ashkenas, R., & Chandler, L. (2013, October 1). Four tips for better strategic planning [Blog post]. Harvard Business Review Blog Network. Retrieved from http://blogs.hbr.org/2013/10/four-tips-for-better-strategic-planning/ Ashwathappa, K., & Shridhara Bhat, K. (2010). Production and operations management. Mumbai, India: Himalaya Publishing House. Deming, W. E. (1987, December). Transformation of today’s management. Executive Excellence, 4(12), 8. Foster, S. T., Wallin, C., & Ogden, J. (2011). Towards a better understanding of supply chain quality management practices. International Journal of Production Research, 49(8), 2285–2300.
You may want to search this blog for the following terms: automotive recalls, operations improvement, and strategic planning.
Harvard Business Publishing. (n.d.). HBR blog network. Retrieved from https://hbrblogs.wordpress.com/ Beers, Hamerman, Cohen, & Burger. (2015). Managing Your Business through a Crisis: 6 Steps to Success. Retrieved from: http://bhcbcpa.com/managing-your-business-through-a-crisis-6-steps-to-success/ Markey, R. (2014, January 27). The four secrets to employee engagement [Blog post]. Harvard Business Review Blog Network. Retrieved from http://blogs.hbr.org/2014/01/the-four-secrets-to-employee-engagement/ Pal, A., Chan, F. T. S., Mahanty, B., & Tiwari, M. K. (2011). Aggregate procurement, production, and shipment planning decision problem for a three-echelon supply chain using swarm- based heuristics. International Journal of Production Research, 49 (10), 2873–2905. Trochim, W. M. K. (2006). Survey research. Retrieved from http://www.socialresearchmethods.net/kb/survey.php. Value Creation Partners. (n.d.). Analyzing and improving operations. Retrieved from http://www.valuecreationpartners.com/training/analyzing-and- improving-operations/ Yohn, D. L. (2014, February 6). Great brands never have to “give back” [Blog post]. Harvard Business Review Blog Network. Retrieved from http://blogs.hbr.org/2014/02/great-brands-never-have-to-give-back/
Case Studies
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The following case study is recommended for further examination of the topics addressed in this assessment. You may wish to purchase it from Harvard Business School Publishing.
Gray, A. E., & Leonard, J. (2009). Process fundamentals [Case No. 969-023]. Boston, MA: Harvard Business School Publishing.
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Assessment Instructions
Note: You must complete Assessments 1–5 before beginning this assessment.
For this assessment, submit your final operations improvement plan (OIP). In the assessments you have completed thus far, you have submitted drafts of each of the components of an OIP. Take time now to update the work you have already completed with the information and understanding you have gained throughout the course. Take into consideration all of the research and groundwork you have completed along the way. Incorporate feedback from previous assessments as well as the tools, techniques, and methodologies you have examined throughout the course. Finalize your comprehensive OIP as if you were to present it as a formal recommendation to the organizational leaders of the Toyota Motor Corporation. Focus your writing appropriately for that audience. Make sure each piece of your OIP fits together and supports the other elements.
Your final OIP should include the following elements:
A problem statement, including an overview of the Toyota recall crisis, with a brief history and description of the situation. A description of the key challenge or problem you have chosen to address in Toyota’s organizational processes and an analysis of its organizational impact, based on theories and models of global operations management. An executive summary of the collected and processed data (actual data, if possible, or assumed data, if necessary). A cost-benefit analysis based on your data. A description of your innovative and sustainable solution that reflects strategic global operations management concepts and practices. Your recommendations for supporting the improvement of the selected process, based on practices of global operations management. An explanation of the data or findings that validate your recommendations. The visual tools that you developed to support and integrate your analysis into general business management planning and decision-making processes. A conclusion. A comprehensive references list.
Note: Please review and update cause-and-effect diagram and process flowchart in each assessment.
Combine these elements to create a complete, integrated operations improvement plan, with each piece working together to support your plan.
Additional Requirements
Written communication: Written communication is free of errors that detract from the overall message. APA formatting: Format resources and citations according to APA style and formatting.
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Length of paper: 8–10 typed, double-spaced pages plus appendices and reference list. Font and font size: Times New Roman, 12 point.
How to use the scoring guide
Operations Improvement Plan Scoring Guide
Use the scoring guide to enhance your learning.
VIEW SCORING GUIDE
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SUBMIT ASSESSMENT
Explain The Impact Of Accounting Transactions In Financial Statements. Describe The Elements And Purpose Of Each Financial Statement. Discuss The Components And Use Of Financial Analysis.
Write a 500 – 750 word paper that addresses the following topic:
- Explain the impact of accounting transactions in financial statements.
- Describe the elements and purpose of each financial statement.
- Discuss the components and use of financial analysis.
Your paper must be formatted according to APA 6th edition
2 sources
Case Study-Business Finance – Operations Management
- What characteristics of the market concerning cell phones and service providers make it unique compared to purchasing any other item?
- Can cell phones be categorized as commodities as Mary has stated in her memo? Discuss the difference between commodities and non-commodities with Camp Bowie Technologies’ requirements for cell phones in mind.
- How does purchasing equipment for business purposes differ from any other consumer purchasing? How would these differences influence the process in which values are assigned to competing offers which are being compared?
- Has John clearly defined and evaluated Camp Bowie Technologies’ requirements for its cell phones? Are the requirements properly represented in the value assessment method created by John? Is the push-to-talk function worth receiving the highest weight?
- Does the product research compiled by John include data that is relevant to his value assessment method? What portions of the data are relevant and what are not?
Present the key learnings that came out of the situation and make recommendations to improve the situation presented. Consider the Saint Leo core value of respect as you consider your decisions on the best ways to address the situation. In your paper, you will need to show how excellence factored into your decisions.
The paper should conclude with a summary paragraph that answers the question, “why should anyone care” about this situation.
Although there are no limitations to the length of the paper required for the case study assignments, in general, the paper should be at least two double-spaced pages. Be sure to follow all APA requirements.
Courtroom TV Paper And Plea Bargain Discussion Summary
Courtroom TV Paper
Research the Internet and find a celebrated criminal prosecution case to analyze, such as a criminal case that received media attention. This case must have proceeded to trial; it cannot have been plea bargained or dismissed before the trial phase.
Write a 700- to 1,050-word paper in which you address the following questions:
· Summarize the criminal procedures that occurred in this case, from arrest through appeal, if applicable.
· What was the crime the defendant was alleged to have committed? What are the elements of that crime? Is there sufficient evidence to believe the defendant guilty of this crime beyond a reasonable doubt? Explain.
· Identify the legal defenses used in this case. Explain what the defense entails and if it is viable.
· Based on the evidence, should, or did, the defense apply to either exonerate the defendant or reduce his sentence?
Format your answers consistent with APA guidelines.
Plea Bargain Discussion Summary
Discuss the following with your team:
· Define plea bargaining.
· Distinguish between charge bargaining and sentence bargaining.
· Compare and contrast the advantages and disadvantages of plea bargaining.
· Describe how plea bargaining reflects or thwarts the crime control and due process models of criminal justice.
Write a summary individually of the team discussion clearly answering the above bullets
Format your paper consistent with APA guidelines.
Assignment 1 Week 3-Nursing
- Recommendation 4: Increase the proportion of nurses with a baccalaureate degree to 80% by 2020.
- Recommendation 5: Double the number of nurses with a doctorate by 2020.
- Recommendation 6: Ensure that nurses engage in lifelong learning.
Identify your options in the job market based on your educational level.
- How will increasing your level of education affect how you compete in the current job market?
- How will increasing your level of education affect your role in the future of nursing?
While APA format is not required for the body of this assignment, solid academic writing is expected and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.
Human Resource Management
Widgets World Wide employs over 2,000 people at 10 different facilities across the United States, but is having serious financial difficulties. Due to incredibly high labor costs, they are considering shutting down their facility in a small town in California. The move would cost 250 workers their jobs in an area already experiencing high unemployment, but does increase the odds that the company itself may be able to recover long term. Explain and evaluate the implications of this ethical dilemma utilizing at least two specific ethical frameworks.
Apply basic management skills to the unique challenges in healthcare industry.
Communicating Your Plan
Please respond to the following discussion topic and submit to the discussion forum as a single post. Your initial post should be a minimum of 150 words in length.
Discuss why it is so important for management to provide open and honest communication when initiating a strategic plan. Is it possible to provide too much communication? How do we make sure that employees have effectively received the message?
iscussion need to be
separate
and
at
least 150 words
.
Week 4 D 1:
Program Outcome 4
Please respond to the following discussion topic and submit to the
discussion forum as a single post. Your initial post should be a
minimum
o
f 150 words in length.
Program Outcome 4: Apply basic management skills to the unique challenges in
healthcare industry.
As you are finishing the final course of your program and completing
your ePortfolio, reflect back on prior coursework and discuss how you
believe that this program objective has helped or will help you
professionally. You are encouraged to relate examples
in your
response.
Week 4 D 2:
Communicating Your Plan
Please respond to the following discussion topic and submit to the
discussion forum as a single post. Your initial post should be a
minimum of 150 wo
rds in le
ngth.
Discuss why it is so important for management to provide open and
honest communication when initiating a strategic plan. Is it possible to
provide too much communication? How do we make sure that
employees have effectively recei
ved the message?
Psychology
Maximum Points
Described at least two reasons why a more concerted effort is not made in the media to make citizens aware of the association between substance abuse and child abuse.
12
Developed a plan of how awareness of this association could be raised in one of the following realms: grade and high school students; parent or child organizations such as Girl Scouts or Boy Scouts; and welfare recipients.
20
Included three action points for implementing this plan nationwide.
32
Included one action point for a prevention strategy in the chosen population.
16
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.
Courtroom TV Paper And Plea Bargain Discussion Summary
Courtroom TV Paper
Research the Internet and find a celebrated criminal prosecution case to analyze, such as a criminal case that received media attention. This case must have proceeded to trial; it cannot have been plea bargained or dismissed before the trial phase.
Write a 700- to 1,050-word paper in which you address the following questions:
· Summarize the criminal procedures that occurred in this case, from arrest through appeal, if applicable.
· What was the crime the defendant was alleged to have committed? What are the elements of that crime? Is there sufficient evidence to believe the defendant guilty of this crime beyond a reasonable doubt? Explain.
· Identify the legal defenses used in this case. Explain what the defense entails and if it is viable.
· Based on the evidence, should, or did, the defense apply to either exonerate the defendant or reduce his sentence?
Format your answers consistent with APA guidelines.
Plea Bargain Discussion Summary
Discuss the following with your team:
· Define plea bargaining.
· Distinguish between charge bargaining and sentence bargaining.
· Compare and contrast the advantages and disadvantages of plea bargaining.
· Describe how plea bargaining reflects or thwarts the crime control and due process models of criminal justice.
Write a summary individually of the team discussion clearly answering the above bullets
Format your paper consistent with APA guidelines.
