FINAL PRESENTATION REVISED SCRIPT
SLIDE 1:(BEETHOVEN) Introduction
• A new course at Nichols College (BEETHOVEN)
• Team Triumph
• Each member introduces themselves ( BEETHOVEN, JEFF,TIM)
• “The conception of our idea” (JEFF)
• Decided to do something different that we felt was missing here at Nichols
• Made a course instead of a tradition
• We saw a need for a course based on our needs as students
SLIDE 2:(BEETHOVEN) Course At a Glance
• Is 1styear business course
• Helps student growth by solidifying foundation of finance & business skills &
knowledge necessary for future course & careers
• Builds an understanding of personal money management for college years & future
• BizCafe business simulation enhances team work, leadership, inter-personal, & public
speaking skills while at the same time applying the learned financial and business
knowledge
• The knowledge & experience this course has to offer will be vital in student
development & will allow a greater opportunity for success
• Touches upon basics of core business fields: FINANCE, MGMT, HRM, &
GENERAL BUS
• Gives 1st year students a taste of the “Nichols Experience”
SLIDE 3: (JEFF) Key Highlights
• (Read Highlights)
SLIDE 4: (ALL) The Problem
• Students are expected to know basic finance principles (BEETHOVEN)
• The fact is, most students don’t have this knowledge
• Can be very hard for students who struggle with math
• (Beethoven tell math story)
• Most students don’t have a strong grasp on personal finance(writing checks, balancing a
checkbook, budgeting, saving, etc…) (JEFF)
• (Jeff tell business story)
• Students are expected to be able to effectively publically speak, work effectively in
groups with other students, & be able to lead a team (TIM)
• These can be extremely overwhelming if no prior experience
• Public speaking especially, can strike a huge amount of fear & anxiety in students
with little experience
SLIDE 5: (TIM) Loss of Competitive Edge
• Umass Amherst: Isenberg School of Business has a course that address these needs
• (Tim Story about brother) Brother went to Isenberg & was surprised Nichols did
not have a course like this
• BUS-MGMT “Personal Finance for Business Leaders
• Teaches critical personal finance skills vital in life for financial stability and
success
• Helps improve career, personal life, & leadership
• Other Schools: Boston University, Western New England College, & Gordon
• These courses focus on the three main concepts of our course (finance, personal $
mgmt, & business skills)
SLIDE 6: (ALL) Solution
• Our course is designed to address these needs & fills the vital knowledge gap
(BEETHOVEN)
• Helps students prepare for the future courses
• Builds a strong foundation of skills & knowledge in finance, business, & personal $
mgmt (JEFF)
• Experience is vital for developing (TIM)
• Early experience in career=greater opportunity for success
• Career-focused concepts help students envision a brighter future
SLIDE 7: (JEFF) Nature of the Change
• Our change is a first order change
• It is relatively small which makes it a 1st order change
• It is an incremental change in daily activities carried out by Nichols College
SLIDE 8: (BEETHOVEN) Force FieldAnalysis
• Student Interest= Most important
• They are the bottom line
Positive Driving forces
• Increases Competitive edge job
• Can lead to higher retention & job placement rates
Negative Restraining Forces
• Low Interest breaks us
• Opposition from stakeholders due to FEAR of failure
How to Overcome Restraining Forces
• Prove we have high student interest (SURVEYS)
• Prove the practicality of the course to the curriculum
Directly aligned with Nichols core values
SLIDE 9: (TIM) StakeholderAnalysis
• Curriculum Committee (CC): ultimately decides if idea passes upon review
• The CC holds the most power, they decide if a new course is approved/rejected
• Students: their interest directly affects implementation & consolidation
• They carry huge amount of power & make or break the idea
• Professor Westerling (Associate Dean of Business): decides practicality of course after
receiving approved proposal
• Since this is a BUSINESS course it has to be approved by her
• Bill Boffi’s Office: retention/placements rates are crucial to college
• if course can increase, then critical in winning their favor
SLIDE 10: (JEFF) StakeholderCalculatedDecisionPower
• The CC holds the most power
• Ultimately they accept or reject the course
• Students also make break us
• Their interest is our bottom line
• Westerling is needed for approval because it is a business course
• Carries significant decision power
• Bill Boffi carries influence in the decision as well
• Prove that our course will improve rates
• Our course will do so by giving a preview of the “Nichols Experience”
SLIDE 11: (BEETHOVEN) Reasonsfor Resistance
• If students are not interested this idea cannot even leave the runway
• Through surveys we can prove the interest is high & eliminate resistance
• This course idea has failed to take flight in the past so this fear is not irrational
• Course is very practical to the current curriculum (explained in more detail next
slide)
• Trouble in finding a professor willing to teach
• We actually have a professor willing to teach it currently: Professor Flemming
SLIDE 12: (TIM) Practicality
• NICHOLS MISSION- “Within a supportive community, Nichols College transforms
today’s students into tomorrow’s leaders through a dynamic, career-focused business and
professional education.”
• Directly aligned with course objectives
• This course helps prepare students for future finance and business courses by developing
a core understanding of the subject
• Gives a preview to the “Nichols Experience”
• Course Initiatives: Career Focus, Interactive Classroom, Public Speaking,
Teamwork, Leadership
SLIDE 13: (BEETHOVEN) Programs to Overcome Resistance
• Social Media
• Use twitter to promote the idea to students
• Very effective channel of communication
• Info Session at the Fels Student Center with free food & drinks
• All faculty & students are encourage to attend & we can really get our point across to
stakeholders by doing this & possibly raising interest
• We will be posting an advertisement for the course in the school newsletter the Bison
Beat
• We will post flyers & brochures around various locations on campus (Fels, Davis,
Academy, Lombard, Dormitories, & the Library) to promote our course idea
• We will also conduct several surveys for students & faculty asking a variety of simple
questions (Would you be interested in the course?) to get a general idea of the interest
levels
• This will help convince stakeholders to approve if positive results
SLIDE 14: (JEFF) Survey Results
• 4 out of 7 said they lack an understanding of basic finance
• Identifies the PROBLEM
• 7 out of 7 said they would take this course
• Proves there is a high student interest
• In the past when a similar course idea was proposed, there was not enough student
interest
• This is a small sample size, but a good start
• Future surveys with a larger sample size could prove furthermore there is student
interest to back this idea
• If the students want it, give it to them
SLIDE 15: (TIM) The 9 Step Plan: Steps 1-3
• We developed a simple 9 Step Plan to implement our idea
• A timeline will also be provided after the step slides to show how long the
implementation will take
• (Read Steps 1-3)
SLIDE 16: (JEFF) 9 Step Plan: Steps 4-6
• (Read Steps 4-6)
SLIDE 17: (BEETHOVEN) 9 Step Plan: Steps 7-9
• (Read Steps 7-9)
• If all goes according to planned then our course will appear on next fall’s course catalog
• Total implementation time: 23-48 days
• Some steps require more to implement and also have a degree of variance caused by any
errors or delays
• We provided as accurate of a timeline as possible
SLIDE 18: (TIM) CommunicationsStrategy
• Our emphasis to stakeholders: our course’s objective are closely aligned with Nichol’s
vision and core objectives
• Promotional programs in place
• Spread the word to students to build interest
• MAIN GOAL: Gain stakeholder & student approval to help implement
SLIDE 19: (BEETHOVEN) Budget
• As we had earlier discussed, we have provided a detailed budget
• It is low impact & low cost to & funding for our idea is only needed to cover the
promotional costs
• $100 is needed to provide food & drinks at for students & faculty at our info session in
Fels
• $50 will be needed for supplies necessary
 This covers the cost of color ink for the brochures & flyers
SLIDE 20: (JEFF) Financial Resources
• Besides costs for promotions, there is no other funding required
• Since our idea is a course, the college already accounts for a set number of courses each
year, & if this makes the course catalog it is cover by Nichols
• This leads into a huge selling point for our idea, the actual costs we have are very
minimal
• The only other cost the idea could possibly run into is if an adjunct professor is needed to
teach the course
• Around $3000 per course
SLIDE 21: (TIM) Gap Analysis
• This is our Gap Analysis pre-implementation & post-implementation (which is a
projection our group came up with)
 It displays Student Interest in red
 Retention Rate in yellow
 Job Placement in Purple
 The scale on the y-axis represents each factor as percentage out of 100
• This will give us a better idea of what prospects our course has to offer to the college
• With successful promotion of our idea we project that student interest will start at 55%
 Which will be enough to make the course a reality
 Then after students experience with the course themselves, we project they will
enjoy the experience & share this with other students & attract more attention,
jumping the interest level up to 85%
• The current retention rate of Nichols College Freshman is 63%
 Our course is designed to greatly improve retention & we project that after our
course is implemented it will jump to 82%
 The rationale behind this is, by offering students a course that introduces them to
what they will encounter over the next four years, it could potentially increase
because students know what Nichols has to offer
• The current job placement rate of graduating Nichols College Seniors six months prior to
graduation is an impressive 93%
 A main objective of our course is to improve placement rates by solidifying
essential business skills that will be called upon in students future careers
 This will raise the rate to 95% because employers will see how prepared Nichols
students are for the working world
 Nichols already has the great reputation for building career focused professionals
& this will further prepare students, increasing the school reputation even more
• These projections can be tested and further evaluated after utilizing our created
assessment methods, which leads us into our next slide
SLIDE 22: (BEETHOVEN) AssessmentMethods
• Our first assessment method to gauge the success of our course will be a student survey
conducted after the course has been completed
 This will help get a sense of student interest level, retention, & practicality of the
course
 This can be later be graphed as an actual projection which will help consolidate
the plan afterwards, but this will be discussed more in the next slide
• Another Assessment we have put in place is direct feedback from students from
mandatory SRI’s & and a provided supplement giving more in-depth feedback
• Through these assessments we can accurate look at the progress of our course, if our
projections prove to be right, then this course could be a vital addition to the Nichols
College Curriculum
SLIDE 23: (JEFF) Consolidation
• If our assessment results prove positive then it will consolidate our course into the
curriculum & it could provide to a great resource to first year students both in their
academic & professional careers
• The assessments will also point out any weaknesses or flaws within our course, these
will then be improved upon in order to improve the overall success of course & of the
students involved
• If students take the course & enjoy their experience, they will share this with other
students, making them more likely to sign up next semester, in turn increasing the student
interest level of the course itself
• After the course has established itself in the curriculum, it only has room to improve
even further to provide Nichols students with a practical career focused education
• This leads to greater potential success of Nichols students and as a whole promoting
Nichols great reputation as an organization even further
SLIDE 24: (ALL) QUESTIONS

MGMTINC FINAL PRESENTATION REVISED SCRIPT

  • 1.
    FINAL PRESENTATION REVISEDSCRIPT SLIDE 1:(BEETHOVEN) Introduction • A new course at Nichols College (BEETHOVEN) • Team Triumph • Each member introduces themselves ( BEETHOVEN, JEFF,TIM) • “The conception of our idea” (JEFF) • Decided to do something different that we felt was missing here at Nichols • Made a course instead of a tradition • We saw a need for a course based on our needs as students SLIDE 2:(BEETHOVEN) Course At a Glance • Is 1styear business course • Helps student growth by solidifying foundation of finance & business skills & knowledge necessary for future course & careers • Builds an understanding of personal money management for college years & future • BizCafe business simulation enhances team work, leadership, inter-personal, & public speaking skills while at the same time applying the learned financial and business knowledge • The knowledge & experience this course has to offer will be vital in student development & will allow a greater opportunity for success • Touches upon basics of core business fields: FINANCE, MGMT, HRM, & GENERAL BUS • Gives 1st year students a taste of the “Nichols Experience” SLIDE 3: (JEFF) Key Highlights • (Read Highlights)
  • 2.
    SLIDE 4: (ALL)The Problem • Students are expected to know basic finance principles (BEETHOVEN) • The fact is, most students don’t have this knowledge • Can be very hard for students who struggle with math • (Beethoven tell math story) • Most students don’t have a strong grasp on personal finance(writing checks, balancing a checkbook, budgeting, saving, etc…) (JEFF) • (Jeff tell business story) • Students are expected to be able to effectively publically speak, work effectively in groups with other students, & be able to lead a team (TIM) • These can be extremely overwhelming if no prior experience • Public speaking especially, can strike a huge amount of fear & anxiety in students with little experience SLIDE 5: (TIM) Loss of Competitive Edge • Umass Amherst: Isenberg School of Business has a course that address these needs • (Tim Story about brother) Brother went to Isenberg & was surprised Nichols did not have a course like this • BUS-MGMT “Personal Finance for Business Leaders • Teaches critical personal finance skills vital in life for financial stability and success • Helps improve career, personal life, & leadership • Other Schools: Boston University, Western New England College, & Gordon • These courses focus on the three main concepts of our course (finance, personal $ mgmt, & business skills)
  • 3.
    SLIDE 6: (ALL)Solution • Our course is designed to address these needs & fills the vital knowledge gap (BEETHOVEN) • Helps students prepare for the future courses • Builds a strong foundation of skills & knowledge in finance, business, & personal $ mgmt (JEFF) • Experience is vital for developing (TIM) • Early experience in career=greater opportunity for success • Career-focused concepts help students envision a brighter future SLIDE 7: (JEFF) Nature of the Change • Our change is a first order change • It is relatively small which makes it a 1st order change • It is an incremental change in daily activities carried out by Nichols College SLIDE 8: (BEETHOVEN) Force FieldAnalysis • Student Interest= Most important • They are the bottom line Positive Driving forces • Increases Competitive edge job • Can lead to higher retention & job placement rates Negative Restraining Forces • Low Interest breaks us • Opposition from stakeholders due to FEAR of failure How to Overcome Restraining Forces • Prove we have high student interest (SURVEYS)
  • 4.
    • Prove thepracticality of the course to the curriculum Directly aligned with Nichols core values SLIDE 9: (TIM) StakeholderAnalysis • Curriculum Committee (CC): ultimately decides if idea passes upon review • The CC holds the most power, they decide if a new course is approved/rejected • Students: their interest directly affects implementation & consolidation • They carry huge amount of power & make or break the idea • Professor Westerling (Associate Dean of Business): decides practicality of course after receiving approved proposal • Since this is a BUSINESS course it has to be approved by her • Bill Boffi’s Office: retention/placements rates are crucial to college • if course can increase, then critical in winning their favor SLIDE 10: (JEFF) StakeholderCalculatedDecisionPower • The CC holds the most power • Ultimately they accept or reject the course • Students also make break us • Their interest is our bottom line • Westerling is needed for approval because it is a business course • Carries significant decision power • Bill Boffi carries influence in the decision as well • Prove that our course will improve rates • Our course will do so by giving a preview of the “Nichols Experience”
  • 5.
    SLIDE 11: (BEETHOVEN)Reasonsfor Resistance • If students are not interested this idea cannot even leave the runway • Through surveys we can prove the interest is high & eliminate resistance • This course idea has failed to take flight in the past so this fear is not irrational • Course is very practical to the current curriculum (explained in more detail next slide) • Trouble in finding a professor willing to teach • We actually have a professor willing to teach it currently: Professor Flemming SLIDE 12: (TIM) Practicality • NICHOLS MISSION- “Within a supportive community, Nichols College transforms today’s students into tomorrow’s leaders through a dynamic, career-focused business and professional education.” • Directly aligned with course objectives • This course helps prepare students for future finance and business courses by developing a core understanding of the subject • Gives a preview to the “Nichols Experience” • Course Initiatives: Career Focus, Interactive Classroom, Public Speaking, Teamwork, Leadership SLIDE 13: (BEETHOVEN) Programs to Overcome Resistance • Social Media • Use twitter to promote the idea to students • Very effective channel of communication • Info Session at the Fels Student Center with free food & drinks • All faculty & students are encourage to attend & we can really get our point across to stakeholders by doing this & possibly raising interest
  • 6.
    • We willbe posting an advertisement for the course in the school newsletter the Bison Beat • We will post flyers & brochures around various locations on campus (Fels, Davis, Academy, Lombard, Dormitories, & the Library) to promote our course idea • We will also conduct several surveys for students & faculty asking a variety of simple questions (Would you be interested in the course?) to get a general idea of the interest levels • This will help convince stakeholders to approve if positive results SLIDE 14: (JEFF) Survey Results • 4 out of 7 said they lack an understanding of basic finance • Identifies the PROBLEM • 7 out of 7 said they would take this course • Proves there is a high student interest • In the past when a similar course idea was proposed, there was not enough student interest • This is a small sample size, but a good start • Future surveys with a larger sample size could prove furthermore there is student interest to back this idea • If the students want it, give it to them SLIDE 15: (TIM) The 9 Step Plan: Steps 1-3 • We developed a simple 9 Step Plan to implement our idea • A timeline will also be provided after the step slides to show how long the implementation will take • (Read Steps 1-3)
  • 7.
    SLIDE 16: (JEFF)9 Step Plan: Steps 4-6 • (Read Steps 4-6) SLIDE 17: (BEETHOVEN) 9 Step Plan: Steps 7-9 • (Read Steps 7-9) • If all goes according to planned then our course will appear on next fall’s course catalog • Total implementation time: 23-48 days • Some steps require more to implement and also have a degree of variance caused by any errors or delays • We provided as accurate of a timeline as possible SLIDE 18: (TIM) CommunicationsStrategy • Our emphasis to stakeholders: our course’s objective are closely aligned with Nichol’s vision and core objectives • Promotional programs in place • Spread the word to students to build interest • MAIN GOAL: Gain stakeholder & student approval to help implement SLIDE 19: (BEETHOVEN) Budget • As we had earlier discussed, we have provided a detailed budget • It is low impact & low cost to & funding for our idea is only needed to cover the promotional costs • $100 is needed to provide food & drinks at for students & faculty at our info session in Fels • $50 will be needed for supplies necessary  This covers the cost of color ink for the brochures & flyers
  • 8.
    SLIDE 20: (JEFF)Financial Resources • Besides costs for promotions, there is no other funding required • Since our idea is a course, the college already accounts for a set number of courses each year, & if this makes the course catalog it is cover by Nichols • This leads into a huge selling point for our idea, the actual costs we have are very minimal • The only other cost the idea could possibly run into is if an adjunct professor is needed to teach the course • Around $3000 per course SLIDE 21: (TIM) Gap Analysis • This is our Gap Analysis pre-implementation & post-implementation (which is a projection our group came up with)  It displays Student Interest in red  Retention Rate in yellow  Job Placement in Purple  The scale on the y-axis represents each factor as percentage out of 100 • This will give us a better idea of what prospects our course has to offer to the college • With successful promotion of our idea we project that student interest will start at 55%  Which will be enough to make the course a reality  Then after students experience with the course themselves, we project they will enjoy the experience & share this with other students & attract more attention, jumping the interest level up to 85% • The current retention rate of Nichols College Freshman is 63%  Our course is designed to greatly improve retention & we project that after our course is implemented it will jump to 82%
  • 9.
     The rationalebehind this is, by offering students a course that introduces them to what they will encounter over the next four years, it could potentially increase because students know what Nichols has to offer • The current job placement rate of graduating Nichols College Seniors six months prior to graduation is an impressive 93%  A main objective of our course is to improve placement rates by solidifying essential business skills that will be called upon in students future careers  This will raise the rate to 95% because employers will see how prepared Nichols students are for the working world  Nichols already has the great reputation for building career focused professionals & this will further prepare students, increasing the school reputation even more • These projections can be tested and further evaluated after utilizing our created assessment methods, which leads us into our next slide SLIDE 22: (BEETHOVEN) AssessmentMethods • Our first assessment method to gauge the success of our course will be a student survey conducted after the course has been completed  This will help get a sense of student interest level, retention, & practicality of the course  This can be later be graphed as an actual projection which will help consolidate the plan afterwards, but this will be discussed more in the next slide • Another Assessment we have put in place is direct feedback from students from mandatory SRI’s & and a provided supplement giving more in-depth feedback • Through these assessments we can accurate look at the progress of our course, if our projections prove to be right, then this course could be a vital addition to the Nichols College Curriculum SLIDE 23: (JEFF) Consolidation • If our assessment results prove positive then it will consolidate our course into the curriculum & it could provide to a great resource to first year students both in their academic & professional careers • The assessments will also point out any weaknesses or flaws within our course, these will then be improved upon in order to improve the overall success of course & of the students involved
  • 10.
    • If studentstake the course & enjoy their experience, they will share this with other students, making them more likely to sign up next semester, in turn increasing the student interest level of the course itself • After the course has established itself in the curriculum, it only has room to improve even further to provide Nichols students with a practical career focused education • This leads to greater potential success of Nichols students and as a whole promoting Nichols great reputation as an organization even further SLIDE 24: (ALL) QUESTIONS