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It must completely outline the “5 Ws” of your project. It is a high level description to define your project that must incorporate course concepts learned to date and that must cover all of the following areas: Background – Project purpose; Problem/Opportunity – Exactly why are you undertaking this project? Goals – What are you going to achieve, and when? Your goals must be S.M.A.R.T.. It is essential that your goals clearly spell out what success in your project will look like. What are the success criteria for this project? Project Scope – What product, service, or result do you expect to achieve by undertaking this project? What actions will your team take to deliver this? Discuss both what is within and outside of the scope of this project. If there is something that you will NOT be doing as part of this project that may seem ambiguous, clearly state this. Stakeholder Analysis – List the names and roles of all stakeholders and use a Power Interest Grid to outline how you will manage their expectations. Initial Estimates of Cost and Time – Establish significant dates (milestones) including start, end, and major event dates in between. Outline a high level estimate of the cost of this project. At this point, these are your best (educated) guesses. Assumptions and Constraints – Outline any assumptions that you are making that enable you to proceed as planned and to achieve success on this project. Outline the constraints that are present on this project and how you will handle the competing nature of these constraints. Risks – Outline anything that might get in your way as you try to accomplish the project’s goals. Analyze these risks and state the risk management strategies that you will undertake for the highest level risk. A Probability/ Impact Matrix will be useful here.

cooking competition

 
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  • Identify which of the social, cultural and religious forces prevalent in this specific location may affect you at work and while living in this location.
    • Pay particular attention to how you might live out your faith in this environment.
  • What ethical dilemmas might you face in this location because of your beliefs?
    • Use the Ethical Behavior model in Figure 5.1 (p. 133) of the Global Business Today text to describe how you will personally make decisions
      • Determinants of ethical behavior
        • Societal culture
        • Decision-Making processes
        • Leadership
        • Unrealistic performance goals
        • Organizational culture
        • Personal ethics
    • Tie your process to an ethics theory from Chapter 5 of your textbook.
  • Now consider this in cross cultural HR Management challenges.
    • Maybe this is not just you personally, but you are helping guide others through ethical situations and cultural differences.
    • Do some outside research (cite it) and speak to instruments that might be used such as code of conducts, etc.
    • Be very specific and give examples.
 
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Mobile barbering: ‘It’s like Uber, but for haircuts’

Darren grew up in Brixton, south London, where his mother worked as a cleaner and his father as a security guard; they had arrived from Ghana in the 1980s and had dreams of him becoming a banker, lawyer or accountant. University was always part of the plan for him, but when the time came, he wasn’t sure which one would feel right. It was a barber shop that helped him decide.

Afro-Caribbean barber shops are well-known for offering a social, convivial atmosphere – a place to hang out with friends. “My dad used to take me to the barber’s in the morning and we’d be there for hours,” says Darren. “We’d watch the football, and he would usually sip a pint of Guinness, chilling with his boys.”

Darren had enjoyed those times. But as he got older he became increasingly frustrated with the slow tempo of the experience. “I got sick of waiting for an hour at the barber, especially on a Friday or Saturday,” he says. Or it would be your turn next in the queue, and then the barber would go to eat, or to pick up a child, he remembers.

There was a special feeling of community, but perhaps that was more necessary for the generation before his, he wondered. “The new generation, like me, just want a trim and to get on with their day,” says Darren. “We live our life fast-paced.”

And so the idea came to him of an app that would allow you to book an appointment at a salon for a fixed time with a specific barber. He thought this would appeal to everyone, not just those who use Afro-Caribbean barbers. Indeed, some apps were already offering a similar service.

He included within his proposal an idea that seemed to him slightly far-fetched. He would eventually like to employ barbers directly, who would drive to clients in a van: mobile barber shops on wheels.

Darren’s Trim-It app won the competition, and he was named the University of Sussex’s Student Entrepreneur of the Year.

The prize was £10,000. To get his company up and running, he recruited a rival from the competition, a fellow student called Nana Darko, whose confident air had impressed him. Darren promised to make Nana rich. He was similar to him, a young black man from south London with dreams of business success.

Together they pounded the streets of Brighton, signing up barbers to their new app – all barbers, not just the Afro-Caribbean ones. Through hard work they built the app to the point where it was getting 2,000 bookings a month.

But at the same time, the idea and the fledgling business were unravelling, says Darren.

There were constant problems with barbers not turning up on time at the salon. Negative customer feedback was building up. They also hadn’t figured out how to make any money from the platform.

The competition money had dried up and the app seemed ready to die a natural death in the app store. “Self-doubt and a bruised ego had become something I was used to dealing with,” he admits. Nana too was feeling bitterly disappointed. He had graduated with a first in engineering. But he was missing out at dozens of job interviews in the corporate world and he couldn’t figure out why. Was it the way he presented himself, the way he talked, or perhaps the color of his skin?

It was at this low point that Darren and Nanadecided to take a risk.

They would focus on the side of the business that had at first seemed so implausible and try the idea of mobile barber vans – only this would allow them to control the whole customer experience.

Through family and friends, they were able to raise a five-figure sum in a last-ditch attempt to jump-start the business and in February 2018 the first van was ready – a Ford transit Darren customized outside his parents’ house. The back of the van was all stripped out, to turn it into a mini-barber shop, powered by an electric generator.

They recruited two full-time barbers, updated the app and waited for the bookings to come in. Very quickly those bookings arrived. In fact, by July 2018 the van was permanently fully booked.

Word spread partly due to some celebrity customers such as musicians Charlie Sloth and Sneakbo, who both have hundreds of thousands of followers on Instagram and Twitter.

As Darren and Nana had intended, the kind of people making the bookings were mostly young, black millennials – people like Lewis, from West Norwood.

“If I was 15 or 16, then I’d go to a barbershop,” says Lewis. “But I’m 23, managing properties and working part-time, so I don’t have time to go to a salon and wait for my turn.”

The van also turned out to be attractive to a new generation of black middle-class professionals looking for a haircut while working in trendy areas such as Old Street, Bethnal Green and Shoreditch.

In the first year, about half of the van’s business came in this way, says Darren.

Now, there are three vans in operation. The increasing number of black professionals may mean that the relatively high cost of a Trim-It cut – £25 – is not an obstacle to growth.

Darren says that if his parents, 20 years ago, had thought their son would go into the barber shop business, they would have been “horrified”. But if he can overhaul the barbering business, he thinks he might just make them proud.

“Mobile barbershops will be a thing, trust me,” he says.

  1. How did the entrepreneur in the passage use Lean-startup Methodology to get rid of wasteful practices during the initial stages of a company?
  1. Explain some entrepreneurial marketing strategies the entrepreneur made use of in the early stage of his business.
  1. Did the entrepreneur tweak or pivot? Explain.
 
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summarize a plan how you would approach securing reliable transportation to ensure your company A1 does not lose money on this new contract with the NCAA. Great News! Your company, A1 Printing Co., prints sports programs that are sold in stadiums for major pro and college teams. It has been a brutal past 18 months with so many stadiums being closed for covid. It was announced today that your company got the contract for the NCAA BCS Football bowl games to print programs for 40 specified games coming up in December and early January. Each game they will order 10,000 programs and sell at a retail price of $20/each on game day, generating $200,000 in revenue for every game for your company. NCAA expects to sell every program based on the previous year’s sales. The programs cost your company $4 per program to produce and ship to each stadium and you sell them for $5/each to the NCAA. NCAA will provide all the completed artwork ready for print 72 hours prior to game day. Your company can print and complete each game’s program order in 24 hours, giving you 48 hours to make delivery to every single bowl game to sell. Al’s contract with NCAA has a provision, resulting in your company paying for lost profit, unused labor and refunds to program sponsors, estimated at $150,000 penalty PER GAME if programs are not delivered 4 hours before kickoff start of the game! Being the savvy Logistics Manager you are, you have a contract provision with each carrier, which states “Each month, if carrier falls below 95% On Time Delivery (measured within 15 mins of delivery time), the shipper will deduct $250.00 from carriers freight invoice for each late shipment below 95%”.

Based on the above information, you should do the following:

A. Nothing, you already have enough protection in your carrier contracts and carriers will need to pay whatever penalties A1 has contracted with the NCAA for.
B. Encourage your company to rescind the contract with NCAA, too great of a risk
C. Engage a 3PL to handle these shipments, shift the entire risk to 3PL to handle to pay penalties for no incremental cost.
D. Engage in specific conversations with carriers about increasing cost penalties with increased freight rates, but not requiring the carrier to take on the entire risk.
 
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