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G B I Final
- 1. G B I INTERNATIONAL ITB 300 BUSINESS PLAN PRESENTED BY GROUP B
- 2. K H A Z A K S T A N Kazakhstan,a former republic of Russia is the 9th largest nation in the world. It is almost surrounded by China and the Russian Federation, and with an abundance of natural resources, has put this relatively new country on the front burner of international investors and multilateral corporations.
- 3. GBI International is a startup company that provides training, consultation, and staffing services for the hotel segment of the Hospitality industry, in Kazakhstan. Services include:Front Office Operations, HRM, Guest ServicesFood PreparationFacilities management and maintenance GBI is a joint venture Company formed between Week-Ten Enterprises and Silk Road Staffing, which is organized under the laws of the Republic of Kazakhstan Principal place of business is located in Astana, Kazakhstan.
- 5. Regional Analysis Regional Alliances Economic Terrorism
- 8. Country Risk Analysis cont.
- 9. Country Risk Analysis cont.
- 10. SWOTT Analysis
- 11. Management ApproachesCreating a HRM system, that meets the needs of the new economy and the changing workforce Effectively integrating sustainability into its supply chain will require the establishment of a coherent company policy and accompanying management system Develop marketing plan to reflect company’s sustainable supply chain strategy Examine the cost implications of the sustainability-induced changes required in the supply chain and their impact on prices Incorporate sustainability performance issues into monitoring of suppliers.
- 12. Management Approaches cont. Providing assistance in development of Training program for suppliers on sustainability & environmental issuesTraining program forstaff & implementing aKazakh/Russian/English language website for all employees Developing human resources is essential to achieve sustainable competitive advantage, and a key to the country's competitiveness
- 13. Start-up Expenses Legal and Consulting Fees $250 Office Supplies and Advertising Materials $2,500 Insurance $500 Rent and Utilities $3,000 Expendable Office Equipment $1,500 Other $2,000 Total Start-up Expenses $9,750 Start-up Assets Cash Required $0 Other Current Assets $7,500 Long-term Assets $20,000 Total Assets $27,500 Total Requirements $37,250 Start-up RequirementsExpenses and Assests
- 15. Estimated Sales, gross Margin and Net profitduring the next three years
- 16. Control Contingency Planning By the end of 2009, GBI expects to be providing turn-key HRM solutions for 4 of the 10 hotels it partners with. Control is divided between the partners over key organizational functions in a way that each brings their own core competencies to the table Implementation Experts will participate in the specific training program of their expertise in a “Train the Trainer” scenario HRMand administrative functions will be performed and managed by Week-Ten Silk Staffing will be responsible for the recruiting and training of employees
Editor's Notes
- Kazakhstan, along with its neighbors Russia, China, Kyrgyzstan, Tajikistan and Uzbekistan have also established the Eurasian Economic Community in 2000, in order to establish harmonizing trade tariffs and the creation of a free trade zone under a custom union.Kazakhstan independence is on December 25, 1991 and it opened its first U.S. Embassy in January 1992. It was moved in 2006 to Astana and both countries have maintained a wide-ranging bilateral relationship. Kazakhstan, along with its neighbors Russia, China, Kyrgyzstan, Tajikistan and Uzbekistan have also established the Eurasian Economic Community in 2000, in order to establish harmonizing trade tariffs and the creation of a free trade zone under a custom union.Kazakhstan independence is on December 25, 1991 and it opened its first U.S. Embassy in January 1992. It was moved in 2006 to Astana and both countries have maintained a wide-ranging bilateral relationshipeversince.
- As a joint venture, GBI is classified as a foreign-shared corporation under Kazakh law and is therefore exempt from customs duties and VAT(value Added Tax )related to importation of equipment for intra-company use.Silk Road Staffing provides for local office facilities, administrative support, and marketing.
- Within the next twelve months, GBI will target the ten largest hotels in Astana, Almaty, Karaganda, Aktau, and Atyrau, which is reasonably expected to generate an initial US$150K in pre-tax revenue.
- Kazakhstan became the first country of the former Soviet Republic to receive an investment-grade credit rating from Moody’s, S&P, and Fitch, major international credit agencies. The Organization for Economic Cooperation and Development has upgraded Kazakhstan’s export risk rating, moving it from the 5th to the 4thgrou
- A SWOTT (Strengths, Weaknesses, Opportunities, Threats, and Trends) analysis is a well crafted strategic plan, that provides a roadmap for success and the framework for clear communication of what is important, because without one, any organization is at risk of underperforming or even failure.