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TECH PARK EXPRESSTech Park Express Management 100H class

MGT 100 Final Presentation

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TECH PARK EXPRESSTech Park Express

Management 100H class

Senior Project Management

INTRODUCTION

Leaders

● Why take the roles?

● How they integrate

Helpful Concepts and Principles

● Leaders Vs. Managers

● Effective communication

● Understanding and

working with

organizations

● Circle of Safety

LearningHow to organize a big

group into sections

Success from

decentralized

leadership

How each department

affects the others

Culture is key

Strategic PlanningRole

IntegrationHelpful Concepts

PrinciplesLearning Summary

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)

GOALS

● Create a successful business model

● Sell all inventory

● Establish an efficient hands-on learning environment

STRATEGIES FOR ACHIEVING GOALS

●Actively update a timeline

●Team building and teamwork

●Communication

●Deadlines (Samepage/ Google docs)

MarketingRole

IntegrationHelpful Concepts

PrinciplesLearning Summary

Marketing Roles

● Individual roles

● As a department

● As a whole business

Helpful Concepts

● Start With Why by Simon Sinek

● Sticky Marketing

● Fail often to succeed sooner - Tom Kelley

of IDEO

Principles to build on

● Being proactive

● Effective teamwork

● Comprehensive communication

Learning

● Constant communication is necessary

● Establish “The Why” as early as possible

● It’s okay to not succeed at first, just keep

moving forward

FinanceRole

IntegrationHelpful Concepts

PrinciplesLearning Summary

Vending Machine Sales at the End of the Project

FINANCIAL RESULTS

The Books

Operations Role

IntegrationHelpful Concepts

PrinciplesLearning Summary

OverviewResponsibilities:

Procurement

Website Management

Maintaining Customer Relations

Website Management 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

Operational TimelineSeptember 20th received first batch of meals

September 27th sold first meal

Sold 26 meals by November 20th

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

Learning● Recording transactions

● Understanding an inventory process that made sense

● The importance of on-time delivery

● The face of the business

● Communication is key

Human ResourcesRole

IntegrationHelpful Concepts

PrinciplesLearning Summary

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

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

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

Conclusion

● Overcoming hardships

● Learning new things

● Creating an experience

● Not really failure, a new beginning