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Explanatory notes
- 1. Center for FamilyManaged Business S. P. Jain Institute of Management & Research FMB 15 C,D P1 C1 March 30 – April 4, 2012 EXPLANATORY NOTE HOW TO MAKE THE COMPANY PRESENTATION Key Concepts Identify the purpose of the presentation Gather the relevant information Analyze the needs, expectations, level of receptivity of an audience Plan and prepare material for the presentation in systematic stages Select, design, prepare and use audio-visual aids effectively Identify and use appropriate non-verbal communication in speaking Adopt speech styles to suit situations and shifts in content, mood, etc A tentative index of the presentation Background SK 100
- 2. Center for FamilyManaged Business S. P. Jain Institute of Management & Research FMB 15 C,D P1 C1 March 30 – April 4, 2012 How started and important milestones What it is Our Product Our Markets, Our customers Our people Our operations Our advantage – what makes us successful Our performance - sales and growth Our achievements – awards Our CSR, social participation, if any What it will be Our future plans **********
- 3. Center for FamilyManaged Business S. P. Jain Institute of Management & Research FMB 15 C,D P1 C1 March 30 – April 4, 2012 EXPLANATORY NOTE GM 100 HOW TO STUDY COMPANY ACTIVITIES USING FRAMEWORK OF VALUE CHAIN Refer to the chart – annexure 1 Each business consists of different activities. Each activity adds value in the business The chart depicts 10 activities. It Is not necessary that every business would have all of these activities. Identify the key activities in your business. Select five activities that are most important in your business. Study each of the five identified activity as follows: 1. Identify the person handling the specified activity. Spend two days with that person. Observe all his activities. 2. Study information flow Incoming information – from whom Outgoing information – to whom
- 4. Center for FamilyManaged Business S. P. Jain Institute of Management & Research FMB 15 C,D P1 C1 March 30 – April 4, 2012 3. Study information storage What information is stored Where and how is it stores What are the key documents 4. Study involvement of money How much money is blocked How much money is generated 5. Study the impact on profit How does the activity affect profit 6. Study the impact on people How many people and of what level are involved in that activity Who are being affected by the outcome of the activity ************************************************** EXPLANATORY NOTE AT 100
- 5. Center for FamilyManaged Business S. P. Jain Institute of Management & Research FMB 15 C,D P1 C1 March 30 – April 4, 2012 HOW TO INTERVIEW A BUSINESMAN Select the person Gather background of the person Read up about the person and his industry Approach the person Decide the focus of the interview What information you want Frame your questions beforehand Some pointers : How you started the business How your business evolved What major challenges What are the reasons for your success
- 6. Center for FamilyManaged Business S. P. Jain Institute of Management & Research FMB 15 C,D P1 C1 March 30 – April 4, 2012 About the industry Competition Challenges Future prospects About you Motivation Work-life balance Key regrets Role of humility in life and business Your message to young FMBs
- 7. Center for FamilyManaged Business S. P. Jain Institute of Management & Research FMB 15 C,D P1 C1 March 30 – April 4, 2012 EXPLANATORY NOTE AT 110 ROLE OF HUMILITY IN LIFE AND BUSINESS When you watched film on Aditya Birla, did you notice the role of humility in his life. This is a key question for reflection and internalization. One may reflect on the following : What is humility and arrogance. What causes each of them and how it affects. One who is humble in the beginning, could become arrogant. Why and how? Wise people value the humility. How does it manifest Humility could be the single most important factor with far reaching implication on one’s personality and success in life as well as business.
- 8. Center for FamilyManaged Business S. P. Jain Institute of Management & Research FMB 15 C,D P1 C1 March 30 – April 4, 2012 Refer to submission by one FMB participant some time ago - annexure