31
MIT Sloan India Lab: Google India Team Update Team Members: Aman Advani Jane Chipman Matthew Plitch Danielle Sewell Contact: [email protected] with information Does anyone have any experience in mobile payments? Did anyone work for Google previously? Has anyone lived in India in the past 2 years? Conducted initial landscape assessment Started to form key insights and major areas of opportunity Next steps: refine opportunities, review with project mgmt. Our Project Status Key Challenges Our team is working with Googles India practice to identify key opportunities for Google in particular markets: Person-to-person payments Mobile payments Meal and gift vouchers Point-of-sale systems Scope

MIT Sloan India Lab: Google India Team Updatemitsloan.mit.edu/actionlearning/labs/pdf/China Lab and India Lab...MIT Sloan India Lab: Google India Team Update ! Team Members: ! Aman

  • Upload
    dodien

  • View
    222

  • Download
    1

Embed Size (px)

Citation preview

MIT Sloan India Lab: Google India Team Update

§  Team Members: §  Aman Advani §  Jane Chipman §  Matthew Plitch §  Danielle Sewell

§  Contact: [email protected] with information

§  Does anyone have any experience in mobile payments?

§  Did anyone work for Google previously?

§  Has anyone lived in India in the past 2 years?

§  Conducted initial landscape assessment

§  Started to form key insights and major areas of opportunity

§  Next steps: refine opportunities, review with project mgmt.

Our Project Status

Key Challenges

Our team is working with Google’s India practice to identify key opportunities for Google in particular markets: § Person-to-person payments § Mobile payments § Meal and gift vouchers § Point-of-sale systems

Scope

Origin  Team:  Eliseo  Haro  (Sloan),  Adam  Borelli  (Sloan),  Gilbert  (Fudan)  ,  and  Amir  Taghaboni  (Fudan)    

State  of  Company:  $30M  (projected)  2012,  doubling,  and  going  public    Problems:  Growth  outpacing  organizaIonal  structure  and  need  new  governance  model    Key  Challenges:  • To  what  level  should  origins  track  KPIs?  • Best  management  and  control  system  for  a  company  of  its  size  and  for  one  growing  rapidly  • How  are  decisions  made  at  organizaIon?  • IdenIfy  exemplar  Chinese  companies  in  terms  of          structure  and  governance  

ShannXi: • One of the largest manufacturers of Class 8 (heavy) Trucks in China • $20B in revenue for 2010, but profit margins are tightening • Beginning to switch to a focus on services & aftermarket Our goal: To recommend which service segments ShaanXi should pursue based upon the successes in the US trucking services industry and a roadmap for implementation Information that we are seeking: • Best practices for comparative analysis of segments and roadmaps • Contacts in the trucking services industry, especially at PACCAR (and in the Financial Services division.)

ShaanXi Automobile Group Co.

Agnes Chu, Hanna Adeyema, Poco Yang & Nick Wang

Tsinghua  Business  Review  (Beijing)  

Company  descripBon  

Project  objecBve  

Request  for  informaBon  

Team  contacts  

•  Business journal modeled after Harvard Business Review

•  Audience: Managers and business leaders in China

•  Challenge: Subscriber and advertiser growth

•  Limiting factor: Chinese-audience only and content limited by government

•  Publishing contacts (specifically magazines or online)

•  Harvard Business Review contacts

•  Contacts at Businessweek, Forbes, Fortune, etc

•  Evaluate business model and recommend growth strategies for subscribers and advertisers

•  Position company to leverage online publishing and advertising

•  Michael Shafrir •  Laila Zemrani)

¨  ObjecIves:    To  generate  a  generic,  replicable  model  capable  of  evaluaIng  logisIc  costs  in  a  variety  of  industries.  IniIally  focusing  on  apparel  industry.  

ManhaUan  Associates                      The  Supply  Chain  People    

Looking  For:    1)  Individuals  familiar  with  logisIc/supply  chain  industry  2)  Individuals  having  knowledge  of  US/Chinese  Apparel  Industry  3)  Contacts  in  US/Chinese  Apparel  Industry  

Team  Contacts: Ben  Younkman  ([email protected]) Akhil  Garg                  ([email protected])  Bruce  Hu                      ([email protected]) Jessie  Gu                      ([email protected])

6

Project Overview – “Free Gene Inspection” Kunming, China; 2 Chinese Executive MBAs + 2 Sloan MBAs 2013

Team project objectives

•  It focuses on developing software applications for smartphone

•  It started to invest in the combination of genetic engineering and information technology

•  It is working on a project to provide free gene inspection

•  Revenues will come from specialized test and advertising

•  Long term project (2011-2016)

•  Analyze strengths and weaknesses of business model

•  Define strategy to get the gene

inspection technology

•  Formulate strategies to get cooperation from American scientists to develop products

•  Analyze if it necessary to get a third party endorsement

•  Examine pro and cons of potential distribution channels

Company and project overview

Click to edit Master title style

7 © 2012 MIT Sloan School of Management

SH LOTUS SVC n  BACKGROUND (Chia Tai/CP’s Group’s business):

•  Global company; 20 countries; 400+ subsidiaries; 250,000+ associates •  80 years of development •  Agribusiness, aquaculture, seeds, telecommunication and retailing as its core business

n  PROJECT: Research, design and implement a food safety and quality rating program •  Estimate consumer demand for a rating program •  Research methods of implementation •  Analyze impact on operations and profitability •  Design execution strategy for a pilot program in Shanghai

n  STATUS UPDATE: •  Assisted with creation of customer survey •  Initiated research on US/Euro food safety standards

n  IDEAS / SUGGESTIONS: •  Experience with agricultural, food, or retail industry (especially China) •  Suggestions for rapid integration into the Shanghai leisure scene

Team: Mike Chen | Stephanie Shi | Sean Bonawitz | Asha Parekh

 Growth  towards  IPO  §  AE&E  

§  Founded  in  Beijing,  China  in  2007    §  Offers  full  suite  of  technical  services  for  petroleum  industry  on  geo-­‐microbial  petroleum  exploraIon,  microbial  enhanced  oil  recovery  and  bioremediaIon  

§  China-­‐lab  project:  redefine  business  model  to  support  growth  strategy  

§  Team  §  Anya  Priester  [email protected]  §  Olga  Yurchenko  [email protected]  §  Challenge  §  Narrowing  project  scope  §  Finding  informaIon  on  compeItors  and  comparables    

Shaanxi Guantian Xixian Equity Investment Management (Xi’an)

•  Startup private equity fund •  Capital contribution mainly by

government-owned entities •  50 employees •  Goal: raise social capital, establish

equity financing platform to support the development of economic zones

•  Gather recent examples of For Profit Education companies owned by PE firms

•  Draw conclusions as to what made these investments successful

•  Outline a plan of action for the company to replicate the strategies

•  Industry research on: •  PE regulations in China •  formation of PE funds •  investment process •  capital withdrawals

•  Dan Espinal [email protected]

•  Heather Groat [email protected]

•  Friends/family in the PE industry with experience launching a new fund?

•  Expertise in portfolio companies in the for-profit education sector?

•  Experience working in China in the Culture industry and or PE in China

Project Scope Company Information

Help?

Contact Us

GOELIA FASHION

Team Divya Agarwal & Kit Hickey

Company § Young adult’s fashion brand (similar to H&M) § Design and manufacturing team is in Guangzhou, China § Launches approximately 1,000 new styles a year § Rapidly growing e-commerce business; 40% of customers who put an item in their online “shopping cart” do not purchase How can the company increase the number of people who follow through with

a purchase?

Need From You… Anyone with experience in measuring the effectiveness of particular e-commerce metrics and knowledge of the influencing factors on customer pay rates

China Lab: Fumin Agriculture & Development Co, "

Team:  Joanna  Zhou,  Xin  Zhao    Company  Background:  Fumin  is  a  project-­‐based  company  established  to  develop  the  “Gem  Cave”  natural  sight  20km  outside  of  Kunming,  Yunnan.    Finished  400  acre  region  will  include:  tourism  and  a  small  commercial  &  real  estate  development    Project  ObjecBve:  Develop  a  markeIng  strategy  for  Fumin  to  aUract  tourism    Help  Us:    • Tourism  /  real  estate  /  markeIng  experience?  • Market  research  /  survey  techniques?  

•  Project  Research  Focus:  –  Market  Structure  &  Trends  

•  Ad  Networks  •  Mobile  Ecosystem  

–  Supply  /  Demand  CondiIons  •  Services,  Features  &  Needs  of  

Consumers  –  CompeIIon  

•  Global  and  Local  Players  –  Risks  

•  FragmentaIon  •  Privacy  Issues  

–  Focused  Products  for  One97    

•  SolicitaIons  for  Help!  –  ExperIse  in  the  Mobile  AdverIsing  

Space  –  VC  ConnecIons  

•  Project  Scope:    –  Explore/Research  entry  and  market  

potenIal  in  the  Mobile  Ad  network  space  in  India  and  select  EM  countries  

–  Provide  a  go/no-­‐go  decision  on  entry  &  viability  of  business,  including  keys  to  success  &  risk  factor  analysis  

–  Devise  a  go  to  market  strategy  (if  a  ‘go’)  with  a  focus  on  product  differenIaIon  

•  Why  the  Project  is  ExciIng!  –  No  one  company  dominates  this  

growing  space  =  opportunity    –  Ad  networks  have  incredible  

unrealized  potenIal,  especially  in  “one  screen”  countries  like  India  

• A  pioneer  in  mobile  internet  services  for  consumers  in  India  • Delivering  mobile  content,  adverIsing  and  commerce  services  to  millions  of  mobile  consumers  • Established  in  2000  and  now  with  over  850  employees  • Has  the  widest  and  largest  deployment  of  telecom  applicaIon  cloud  plaoorm  • Significant  funding  from  Intel  Capital,  SAIF  Partners  and  SAP  Ventures    

 

Lixiong Construction Industry and Trade Co., Ltd.

Your  Support:  -­‐  IdenIfying  alternaIve  organizaIonal  and  management  structures  in  China  -­‐  Addressing  employee  morale  and  building  a  sense  of  belonging  among  employees  -­‐  SuggesIons  to  work  through  significant  language  barriers  

Kunming,  Yunnan  Deepak  Dugar  Leah  FoIs  

Project  Aims:  -­‐  Analyze  management  structures    -­‐  Improve  employee  morale  and  belonging  -­‐  Suggest  alternaIve  organizaIonal  structures  and  incenIve  schemes  to  modernize  the  company  management      

Specializing  in  the  domesIc  trade  of  steel  and  producIon  of  iron  tower  power  transmission  lines  

Designer 10

Senior Technical 60

Technical

76

Skilled Worker 122

Members: Vishnu Arcot Pablo Reinoso Hye Rhee Lee Elyssa Campbell

CLIENT DESCRIPTION: Metal Cutting Technology Provider PRODUCTS: Precision plasma cutting tools. From handheld devices to customized intelligent robot-arm assemblies (including software). TARGET INDUSTRIES: Construction, infrastructure, metal fabrication HIGH LEVEL TASK: Conduct market research and identify best opportunities for expansion in the United States. CURRENTLY NEED: People with expertise or contacts in the metal cutting, steel fabrication, metal rolling or large construction industries.

Padmini Mechatronics VNA Deike Diers, Marcus Haymon, Aminata Kane, Maria Shipilov

Project objective 1.  To explore potential new

markets based on Padmini’s technological expertise

2.  Summarize client needs for product adaption

3.  Provide overview of competitive landscape and market entry strategies

Project Status: 1.  Submitted work-plan 2.  Narrowed to five industries (oil

& gas, construction, medical, energy & power, wild card)

15 MIT Sloan | India Lab | Padmini

What We Need 1.  Knowledge of target industries 2.  Engineering Perspective

Kunming  Junkai  Elevator  Co.  Sloan  Team  Members:  Rafael  Alvarez,  Lucia  Rabade  

•  Sales,  installaIon,  maintenance  and  technological  advisory  services  

•  Founded  March  2005  •  16  FTEs  •  Vision  is  to  become  TOP  3  elevator  company  in  local  market  

Company  background  

•  Define  a  job  raIng  that  helps  improve  the  capabiliIes  of  sales  force  and  installaIon  supervisors  

•  Build  a  performance  review  system  that  matches  the  above  idenIfied  capabiliIes  

Project  background  

Request  for  informaBon  •  Do  you  have  (or  know  someone  who  has)  experience  with  HHRR  in  medium  sized  equipment/elevator  company?  

•  Do  you  have  any  performance  review  examples  available  to  share?  

China Lab – Shanghai: Luminous Capital Management Take Takemaru, Tiffany Kosolcharoen

School: Shanghai Advanced Institute of Finance

Background Luminus Capital is

seeking to create a new $100M+ West China Fund, focusing on untapped Western Chinese cities outside Shanghai / Beijing.

!

Request: China VC, industry, and West China contacts in: •  Tech: IC design, consumer/industrial electronics, cloud computing,

internet, software, TV, telecom •  Consumer: Apparel, educational services, retail, entertainment, etc.

Deliverable Identify 100+ West China (Chongqing, Chengdu, Xi’an) companies by mid-April (20 /week) in target tech + consumer themes:

1. Revenue > $5-10M USD 2. Revenue growth > 20-30% CAGR 3. Double-digit profit potential 4. Low capex (manufacturing, real estate) 5. Private companies, no SOEs

Team:  Hannah  Steiman,  Rikhi  Jain  

Company  Background  -   Keteng  TexIle  sells  coUon  to  spinning  factories  -   Company  also  collects  market  data  and  provides  analysis  to  customers  -   Revenue:    1.2B  RMB;  34  employees  - Keteng  recently  underwent  a  re-­‐org  and  formed  one  main  department  to  beUer  meet  customer  needs  and  focus  on  growth

Project  Deliverable  -  Team  will  offer  a  proposal  on  how  new  department  should  be  structured  

-  Team  will  analyze  effecIveness  of  new  structure  

CP  Lotus  OperaBons  –  Shanghai  Rahul  Golani  /  Ignacio  (Nacho)  Cruz  

�  Company:  Investment  holding  company  w/  market  cap  of  $320M  USD  �  Subsidiary  of  a  Thai  conglomerate  with  $30B  USD  in  revenues  (280K  employees)  �  Operates  shopping  centers  under  ‘Lotus’  name  in  Shanghai  �  Currently  owns  ~73  supermarkets,  convenience  stores  and  hypermarkets  in  China  �  Top  management  for  holding  company  is  all  Thai!  �  Currently  in  a  baUle  to  launch  largest  mall(s)  in  all  of  China  �  13,500  employees  and  listed  on  HK  Stock  Exchange  

�  Scope:  NaIonal  OperaIons  Team  wants  help  in  developing  a  cashier  job  structure/job  design  blueprint  in  order  to  drive  process  improvement  (efficiency,  accuracy,  customer  saIsfacIon)  and  improve  employee  job  saIsfacIon  (high  aUriIon  rate!)  

�  Challenges:  Fudan  has  a  history  with  the  Lotus,  breaking  out  of  the  mold  is  hard.  Moreover,  convincing  the  senior  members  of  the  team  to  pay  aUenIon  and  give  this  project  priority  is  arduous.  And,  we’re  not  experts  on  retail!  

�  Your  Help:  Contacts  or  experIse  (work  experience)  in  supermarket  retail  or  cashier  incenIvizaIon,  we  want  to  talk  to  you!  

China  Lab  Update:  “Creditease”  

Company  

Team  members  

Deliverables  

DescripBon  

▪  Microfinance:  Loan,  P2P  services  +  Non  financial  services:  Training,  etc  ▪  Morgan  Stanley  and  Kleiner  Perkins  invested  in  Credit  ease  and  asked  strong  growth  (especially  non-­‐financial  services  for  SME  owners)  ▪  ObjecBves:  build  up  new  service  ideas  and  develop  business  model  

▪  Client:Selina,  David  Liu,  Chuan  Jiang,  Dong  Sheng,  Lina,  Dong  Yan  ▪  Team:  Peter,  Jennifer,  Lian,  Yoshi  

Interim  Deliverables:  • Prior  to  on-­‐site  internship,  our  team  will  prepare  an  interim  research  report  on  the  small  and  micro  enterprise  services  industry  in  China,  US,  Japan  and  SouthEast  Asia  (  with  focus  on  Singapore  and  Malaysia)  • At  the  end  of  on-­‐site  internship,  our  team  will  present  analysis  of  our  interview  results  and    new  ideas  of  business  model  Final  Deliverables:  • WriUen  research  report  on  small  and  micro  enterprise  services  industry  and    ideas  of  CreditWing’s  business  model  (Main  deliverables)  • PowerPoint  presentaIon  for  our  research  findings  and  recommendaIons  

Research  approach  

▪  Interviews  ▪  Research  report  analysis  ▪  Case  analysis  

Need  your  help  !  (SME  services  firms  contacts  

   in    Southeast  Asia)  

Bosch Automotive - Customer Planning Key issues Project objectives

Expertise needed

• Customers (auto manufacturers) often increase quantity of their orders just before the shipping date

• Customer planners do not have data

or standardized process to react to these requests, so they agree to ship higher quantity

• Costs of meeting these requests can be very high

Design a standard working process that will allow Customer Planners to make faster and better informed decisions when reacting to deviations of customers’ demand from forecasts •  Roles and rules of decision making •  Tools to gather and display data on inventory levels and forecast accuracy

Isa Watson Veronika Vyushina

•  Best practices in customer planning and production planning in manufacturing industries

Click  to  edit  Master  Itle  style  

22  ©  2012  MIT  Sloan  School  of  Management  

Project  Context  and  ObjecIves  

Project  Context    

Traffio  is  founded  on  a  novel  soluIon  for  addressing  B2C  companies’  challenge  of  engaging  consumers.  Now  solidifying  its  business  model,  tesIng  its  beta  /  minimum  viable  product,  and  seeking  second-­‐round  funding,  Traffio  requires  well-­‐substanIated  answers  to  key  quesIons  such  as  Traffio’s  market,  target  customers,  revenue  streams,  and  product  offerings.      Project  ObjecBves    “Product  /  Market  fit  is  the  first  thing  that  ma9ers.”  –  Ash  Maurya    

Based  on  the  combinaIon  of  Traffio’s  need  to  develop  a  deeper  understanding  of  its  potenIal  customer  base,  its  desire  to  operate  in  the  US,  and  the  Sloan  team’s  strengths  in  customer  research  and  US-­‐based  locaIon,  this  project  will  focus  on:    

•  SegmenIng  the  customer  market  and  prioriIzing  target  segments  •  Gathering  reacIons  /feedback  to  Traffio’s  beta  product  from  early  adopters  •  Assessing  implicaIons  for  product  design  and  Traffio’s  value  proposiIon  

Xi  Wang  KonstanIna  Georgaki  

CrisIna  Fernandez  Zach  Cohen  

Harbin Bank Project

¤  64 %

¤  4, 282

¤  $62 billion

¤  390

YoY growth

Microfinance Institutions

outstanding loans

in Inner Mongolia

Harbin Bank Project

¤  64 % growth in 2011 ¤  4, 282 microfinance companies ¤  $62 billion outstanding loans ¤  390 microfinance institutions in Inner Mongolia Background  ¤  Established the Microfinance R&D Center in Beijing to strengthen microfinance R&D ¤  promote the development of Chinese inclusive finance ¤  build the influence of Harbin Bank in the microfinance field Objectives ¤  Understand the specifics of the Chinese microfinance market and the important

characteristics that a bank needs to assess its applicants ¤  Synthesize known international practices with Chinese characteristics to develop a

generic framework for Harbin Bank for future business development Challenges

Company  Profile  

• High-­‐tech  manufacturer  in  the  electricity  industry.  Main  product:  polymer  alloy  material  (+600  employees)  

Project  Vision  

•  Establish  a  framework  for  an  effecIve  payment  soluIon  for  all  staff  levels  in  Sirui  

Project  ObjecIves  

• Validate  and  idenIfy  most  relevant  KPIs  

• Align  payment  compensaIon  with  company  performance  

•  Incorporate,  as  required,  industry  best  pracIces  based  on  benchmarking  analysis  

Help  

•  Experience  creaBng  Performance  Based  Models?  

•  SelecBon  of  benchmarking  companies  

Hetal  Shah  |  Rubén  Lozano  

Customer  relaBonship  management  Greatmicro  InternaIonal  Group  Limited  

 

• What  help  do  we  need?  • We  need  interview  you  if  you  have  experience  on:  

• Supply  Chain,  CRM  or  exporIng/imporIng  to  or  fromChina  

The  Company  Great  Micro  Group  is  a  freight  forwarding  corporaIon  founded  in  2000.  Its  business  mainly  focuses  on  Ocean  Freight  both  import  and  export.  The  Project  Study  of  current  business  model  and  customer  management  scheme  

Where w

e are

Contents

广东越尚珠宝有限责任公司    Guangdong    Moderna    Jewelry    Co.,  Ltd  

MIT  Team:  Stacy  Xi  Chen,  Roman  Skholler,  in  collaboraBon  with  LingNan  University  

Jabil:  Hangpu  Plant  Supply  Chain  Project  •  Project  Scope:  

–  RecommendaIons  to  improve  built-­‐to-­‐order/customized-­‐to-­‐order  (BTO/CTO)  operaIons  at  the  Huangpu  Plant  of  Jabil  Circuit,  Inc.  focusing  on:  

•  Management  of  highly  fluctuaIng  customer  orders/demand  •  OpImizing  the  large  inventories  Jabil  has  had  to  maintain  to  manage  this  demand  

•  Project  Deliverables:  –  Research  of  best  pracIce  in  the  operaIons  literature  and  expert  interviews  (  

–  Benchmarking  of  best-­‐in-­‐class  companies  using  BTO/CTO  models  (Dell,  Toyota,  etc.)  

–  Analysis  of  Huangpu  BTO/CTO  process  based  upon  prior  research  

Lynx  Systems:  Guangzhou  

Vikram  Anreddy  Ikenna  Achi  

Company  •  Boston-­‐based  sports  equipment  manufacturer  •  Product:  Photo-­‐finish  cameras  •  ApplicaIons:  Sports  such  as  skaIng,  track  &  field,  

motor-­‐racing  etc.    •  Market  leader  in  US  and  Europe  

Project  • Market  entry  into  China    

Methodology  •  Interviews  with  potenIal  customers  in  China  •  Understand  purchasing  process,  ownership  

structures  etc.    

Challenge  • Most  of  sports  faciliIes  in  China  are  run  by  government  organizaIons  • We  need  help  with  customer  leads    

Tongji  Hospital  

•  Rebranding  

•  Please  contact  Robert  Hale  or  Kaustubh  Pandya