The document outlines an English study group meeting to discuss the Twelve Management Principles. The agenda includes networking, brainstorming business problems, reading principles 5 and 6, and discussions. Principle 5 is about maximizing revenue and minimizing expenses. Principle 6 states that pricing is a key management task. The group will discuss how attendees manage profits/losses, adjust expenses based on sales, and pricing strategies like considering product options, location, and business hours.
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12 Management Principles Study Group
1. English Study Group
The Twelve 12 Management Principles
The Twelve 12 Management
Principles
5. Maximize revenues
and minimize expenses
6. Pricing is management
@TESAGEny /TESAGEny
2. English Study Group
The Twelve 12 Management Principles
NY.SeiwaJyuku.com
Agenda:
6:45pm - Networking and Updates
7:00pm - Brainstorming business problems facing attendees
7:10pm - Reading of the 12 principles and 6 endeavors
7:15pm - Learning #5,6 from the 12 Management Principles
8:15pm - Closing
8:30pm - COMPA How did the day go for you?
$10 for drinks and snacks
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3. English Study Group
The Twelve 12 Management Principles
the 12 Management Principles
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4. English Study Group
The Twelve 12 Management Principles
the 6 endeavors
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5. English Study Group
The Twelve 12 Management Principles
7:15pm - 5. Maximize revenues and minimize expenses
Read English Journal vol.2 – Page 29 to 31
7:30pm - Review with slides presentation
7:35pm - Discussion
7:45pm - 6. Pricing is management Page 31 to 34
8:00pm - Review with slides presentation
8:10pm - Discussion
8:20pm - Closing
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6. English Study Group
The Twelve 12 Management Principles
5. Maximize revenues and minimize expenses
Revenue
- Expenses
--------------------
Profit
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7. English Study Group
The Twelve 12 Management Principles
5. Maximize revenues and minimize expenses
@TESAGEny /TESAGEny
8. English Study Group
The Twelve 12 Management Principles
TESAGE.com
5. Maximize revenues and minimize expenses
@TESAGEny /TESAGEny
9. English Study Group
The Twelve 12 Management Principles
5. Maximize revenues and minimize expenses
@TESAGEny /TESAGEny
10. English Study Group
The Twelve 12 Management Principles
5. Maximize revenues and minimize expenses
* By controlling the outflow in the way, you can
make your business structure highly
profitable.
* Build up “lean and muscular management
structure”
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11. English Study Group
The Twelve 12 Management Principles
: : DISCUSSION : :
5. Maximize revenues and minimize expenses
(1) Do you manage your company P/L by daily?
weekly? Monthly?
(2) How do you adjust/cut your expenses according
to your sales?
(3) What do you think about “Amoeba Management”?
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12. English Study Group
The Twelve 12 Management Principles
6. Pricing is management
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13. English Study Group
The Twelve 12 Management Principles
6. Pricing is management
1. Ramen booth Chicken or Pork
2. Ramen noodle
handmade or machine?
3. Topping
4. Location to sell
5. Business hours
There are many Options!
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14. English Study Group
The Twelve 12 Management Principles
6. Pricing is management
[ Example A ] [ Example B ]
Chicken Pork
Handmade Machine made
3 char siu slices 2 char siu slices
Scallion Bean Sprout
Bar district Collage town
9pm – 3am 10am -4pm
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15. English Study Group
The Twelve 12 Management Principles
6. Pricing is management
Chicken Booth, in Bar district Pork Booth, in Collage Town
Sales: $8 x 40 = $320 $5 x 64 = $320
Cost of Goods Sold: @$1.50 $60 @$0.75 $48
Labor Cost: $10 x 6 hours $60 $60
Gross Profit: $200 ($33 per hour) $212 ($35 per hour)
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16. English Study Group
The Twelve 12 Management Principles
: : DISCUSSION : :
6. Pricing is management
(1) Do you manage your price by “cost principle”
method for pricing?
(2) How do you manage your price?
(3) Do you manage purchasing materials and
cutting costs?
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17. English Study Group
The Twelve 12 Management Principles
Thank You!
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18. English Study Group
The Twelve 12 Management Principles
TESAGE.com
English Journal Vol. 2 Amoeba Management
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