Creating your vision statement (exercise 6) coursera
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The vision statement outlines goals for the business to become a popular single platform for weight loss solutions, earn customers' trust by providing credible information, and ensure customer satisfaction through unparalleled service. It also aims to cultivate highly motivated employees engaged with the company's vision and mission and build career growth opportunities. The checklist recommends addressing business culture, focusing on the future three to five years, keeping the statement short at two to three sentences, using compelling language, and avoiding jargon.
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The document discusses potential business model innovations that could impact a business and its customers. It provides a matrix listing different business models and the benefits they provide to businesses and customers. Some examples included are freemium models, early payment discounts, and pay online options. The document asks the reader to consider how a competitor implementing these models could affect their business. It prompts selecting three models and reflecting on their impacts and whether elements could be adopted.
potential-acquisition-targets (2)
The document discusses how to identify potential acquisition targets by considering different business categories and ranking businesses within those categories based on location, size, and growth impact. It instructs the reader to add example businesses to each category in a table, then score them on a scale of 1 to 5 for the three criteria. The highest overall scoring businesses would be closest to the center of a diagram and worth pursuing further. The exercise is meant to help develop a list of potential acquisition targets to evaluate in more depth.
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This document discusses exploring the financial implications of different rates of business growth. It outlines three growth scenarios: growth as planned, double the planned growth, and five times the planned growth. It provides a table to consider how funding needs may vary across common business areas like staff, premises, locations, products, equipment, and marketing depending on the growth scenario. The purpose is to help reflect on potential future funding needs to support growth and determine whether external or internal financing would be most suitable.
Es zeb yuteeianar0yidmdg_11592d90851311e894e08deb0214ce8d_cultural-audit (1) (1)
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Improving your financial profile (exercise 4) coursera
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What is your bargaining style (exercise 2) coursera
Your bargaining style is Relating, which is a cooperative style focused on meeting the other party's interests to build relationships. Those with a Relating style have a desire to understand the other side, can pick up emotional cues, and are committed to long-term reciprocity. However, Relators may abandon their own interests for the other side's, making them vulnerable when negotiating with aggressive counterparts as it can devalue their self-worth and skills over time. This document provides an overview of the Relating bargaining style based on an assessment the reader completed.
Demystifying negotiation-assumptions
This document discusses common assumptions in negotiation and their likely impact. It provides actions that can be taken to challenge restrictive assumptions and maximize the benefits of supportive assumptions. Some key assumptions discussed include: the purpose of negotiation is to win at any cost, which risks damaging relationships; open communication allows understanding of different perspectives; negotiation does not need to be adversarial as win-win solutions are possible; and a counterpart's first offer is not necessarily their best or final offer. The document recommends considering the interests of both parties, building rapport, and taking a collaborative, long-term approach to find mutually beneficial outcomes.
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