Presentation class 11
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Worksports helps companies improve employee competitiveness and belonging through organizing sports competitions and events. Initially, companies were not interested in sports programs or courses for employees. However, they were interested in championships and events between companies. The business model was changed to focus on organizing sports events and championships between Portuguese companies. Financial projections estimate losses in 2015-2016 but profits starting in 2017.
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Mk0017 – e marketing
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Mk0017 – e marketing
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Teaching Case Fitness & Wellness Place Appoints a Ch.docx
Teaching Case
Fitness & Wellness Place Appoints a Chief Information
Officer
Joan Rodon
Department of Management Information Systems
ESADE Business School, Universitat Ramon Llull
Sant Cugat del Vallès, 59, 08172, Spain
[email protected]
ABSTRACT
Fitness and Wellness Place (F&W) is a network of fitness and wellness clubs in Spain and Portugal created in 2009 as a result
of a buy-out from a large British operator. In 2009, F&W was operating 15 clubs in Spain and Portugal and by the end of
2011, F&W ran 25 clubs. F&W’s rapid growth in the period 2009-11 had become a matter of concern to senior management.
The lack of control and the poor performance of core processes were negatively impacting the financial results and the firm’s
reputation. The F&W’s Chief Executive Officer (CEO), Nick Summers considered that it was time to make changes to the
operating processes and systems. Accordingly, Nick decided to create a new Chief Information Office (CIO) post in the
company and sought an industry outsider with excellent business performance who could put things in order. Students are
asked to put themselves into the shoes of the new CIO and deal with a broad range of IS management issues through seven
assignments. This teaching case was prepared to support a core course on information systems of a business administration
and management degree.
Keywords: Teaching Case, Data management, Business process management (BPM), Software as a service (SAAS), Social
networking, Security
1. INTRODUCTION
It was Monday, the 5th of March 2012 and Mike Vidal was
gazing out of the train window on his way to his new job at
Fitness & Wellness Place (F&W). He had been recruited for
the new post of Chief Information Officer (CIO). This was a
great opportunity for Mike. Since he graduated in Business
Administration, five years ago, Mike had always worked as a
consultant at a major management consultancy firm. As the
train drew into the station, Mike remembered the words of
F&W’s CEO when he accepted the job: “Mike, I want you to
help us hasten the implementation of the new strategic plan
of F&W. You will have to work hard to reorganize the
company’s information management processes and IT
systems.”
2. PREPARATION OF MANUSCRIPTS
F&W was a network of fitness and wellness clubs in Spain
and Portugal, created in 2009 as a result of a buy-out from a
large British operator with over 80 clubs throughout Europe.
At the time, F&W was operating 15 clubs in Spain and
Portugal. By the end of 2011, F&W was a well-established
brand in the Spanish and Portuguese markets with over
100,000 members and 1,100 staff. F&W ran 25 clubs and its
revenues peaked to €95 m in 2011 (see Table 1). Each F&W
center offered a full range of gym equipment, exercise
classes, personal trainers, indoor pools, spa and wellness
services including saunas, Jacuzzi, hydrotherapy pools, and
relaxation rooms, on-sit ...
I want an accurate and detailed answer Entrepreneurship M.pdf
I want an accurate and detailed answer.
Entrepreneurship Module Project
Model (2)
Entrepreneurship refers to the concept of developing and managing commercial projects in order
to earn profits by taking risks and taking many risks. Global.
The title of entrepreneur or businessman is given to the person who establishes a new business
project by himself and bears all the risks and consequences of this work, as he is seen as
innovative, creative, and a source of renewable ideas, modern products and services; It plays an
important role in any economy by using the necessary and necessary skills to anticipate market
needs and provide good and innovative ideas.
Entrepreneurship is classified into 4 types as follows:
Small Entrepreneurship: This type of entrepreneurship is represented by small stores; Like
hairdressing, grocery, carpentry, plumbing, etc., people run their own business or hire a family
member or local employees, and their earnings usually make them able to feed their families and
provide for their basic needs.
Scalable Entrepreneurship: In this type of entrepreneurship, the entrepreneur begins to create a
business that he realizes that he can bring about societal change through it. He attracts and
attracts investors who think outside the box, focuses on the search for measurable commercial
and experimental activities, and hires the best and most creative employees. .
Entrepreneurship of large companies: In this type of leadership, large companies continue to
introduce and modify their main products, as advances in technology, customer preferences, and
new competition increase pressure on these companies to produce innovative products and offer
them for sale to a new group of customers in new and different markets .
Social Entrepreneurship: This type of entrepreneurship focuses on producing products and
providing services that solve societal problems and cover the needs of society without achieving
any financial profits.
The endeavors of commercial projects and entrepreneurship have had a wide impact on economic
conditions, the business environment, and job creation in various countries. Here are some points
that illustrate the importance of entrepreneurship:
Economic progress and advancement: Commercial projects are what drive the wheel of economic
development and contribute significantly to the national income.
Promoting social change: Bridging the gap between product scarcity and demand would help
create a positive impact on people and produce fruitful results from a business point of view.
Providing job opportunities: Business companies contributed to providing new job opportunities for
beginners, training and providing them with experience, and providing experienced labor for large
industries.
Community development: If the labor base in the community is diversified among many small
entrepreneurial companies, it will allow the slums to diminish and increase spending on education,
entertainment and other activities, and thus the sta.
Running head STRATEGIC PLANNING1 STRATEGIC PLANNING5.docx
Running head: STRATEGIC PLANNING
1
STRATEGIC PLANNING
5
Strategic Planning
Strategic Planning
Planning is very essential for every company. Planning is very essential since it helps a company to see the risks and the challenges that a certain project may face. Planning also helps an organization to allocate resources effectively which will lead to the success of that specific project and also the growth and development of the whole company. Strategic planning is therefore highly needed when it comes to the development of a new line of production. The coca cola company will have to ensure that it has planned for its product development. There are many areas which are required when it comes to product development. The company should, therefore, be very careful, and it should insist that the strategic planning is of good quality. There are various objectives of planning, and these should be listed to ensure that the project runs smoothly (Annacchino, 2007). The strategic plan paper is therefore very critical. It also considers the communication of the plans about the project.
Potential alternatives to the issues and opportunities identified in the SWOT Analysis
There are various issues and opportunities which have been identified in the SWOT analysis which was carried out on the new product to be developed by the company. There are various alternatives which can be considered and which will ensure that the new product will be successful in the market. One of the issues which will be facing the coca cola's new product is the fact that there is usually weak coordination between government agencies. The company will have to follow the government directives, and it will have to obtain the necessary licensing. If there is weak coordination, the duration of obtaining these licenses may be long, and it will affect the business. The alternative to this is to ensure that the company has started the process of obtaining these things will be available in time. The company should also ensure that it has created the necessary connections in the various governments which will help the project development process move smoothly.
Another alternative for the new product is to ensure that it has exploited the new markets which are emerging in the developing economies. This will create a large customer base for the company and the product. The company should also ensure that they have been able to utilize the skills and the technology they have to make the new products. This will be an alternative for the increased cost of production which will be introduced by the new product. The company has the best technology and also qualified personnel hence it would be easier for the new product. The company should also increase corporate social responsibility for the new product's promotion. This will help to sensitize the public about the new product which will lead to the success of the new product. There are therefore many alternatives for the co ...
INDUSTRY AND CAREER RESEARCH REPORT .docx
INDUSTRY AND CAREER RESEARCH REPORT 15
Industry and Career Research Report
Professor’s Name
Student’s name
Student’s number
Date of submission
Running head: INDUSTRY AND CAREER RESEARCH REPORT 1
Table of Contents
Industry and career research report 3
Academic Program Outline 3
Industry affiliations 5
Professional associations 5
Purpose 5
Users 6
Services 6
Events 6
Membership and fees 6
Industry certification and publication 6
Levels 6
Cost of certification 7
Process 7
Benefits 7
Industry related publications 7
News Article 8
Job posting 8
Three job requirements 8
Job fit 8
Industry and career research reportAcademic Program Outline
The program below if for accounting, it will enable you to learn how to set up your business for success. After studying the program, you will acquire skills that will help you get a job in any business environment or start up your own business and manage it well. The program covers managerial accounting, financial accounting and use of software that operate in business environment (Centennial College, 2015).
Table Number 1
Program name: Business administration- Accounting
Program number: 2405
Program coordinator:
Course code
Course title
Weekly hours
One course learning outcome
Semester 1
ACCT-12
Financial accounting 1
4(2+2)
The course introduces simple tools to allow you to analyze financial information and explain the information contained in the financial statements in your future roles as managers, investors, or other users of financial accounting information.
COMM-160/161
College communication 1
3
It enables the student to develop skills in grammar, sentence variety, paragraph development, vocabulary and reading comprehension.
COMP-106
Applied business software 1
8(4+4)
Students to develop skills needed to prepare for the MOS (Microsoft Office Specialist) exam for Word and PowerPoint
FINA-110
Canadian investment funds course
4
overview of the economic and investment framework in which the mutual fund industry operates
MATH-119
Mathematics of finance part 2
MKTG-116
Principles of marketing
3
It provides an overview of contemporary marketing, emphasizing the management of the product/service, price, promotion and distribution areas of an organization within a changing environment.
Semester 2
ACCT-150
Small Business Software
6(2+4)
Create and maintain electronic accounting records for various types of businesses
ACCT-221
Financial Accounting 2
4
Preparation of financial statements in accordance with Generally Accepted Accounting Principles.
BUSN-225
Intro to Research Methods and Data Analysis
4
Apply statistical and other quantitative techniques to business problems and interpret the solutions for improved decision-making.
COMM-170/171
College Communication 2
3
The student will recognize and use a variety of structural and stylistic techniques, analyze audience, purpose, and tone, and develop critical readin.
Entrepreneurship Module Project Model (2) Entrepreneurship refers to t.pdf
Entrepreneurship Module Project
Model (2)
Entrepreneurship refers to the concept of developing and managing commercial projects in order
to earn profits by taking risks and taking many risks. Global.
The title of entrepreneur or businessman is given to the person who establishes a new business
project by himself and bears all the risks and consequences of this work, as he is seen as
innovative, creative, and a source of renewable ideas, modern products and services; It plays an
important role in any economy by using the necessary and necessary skills to anticipate market
needs and provide good and innovative ideas.
Entrepreneurship is classified into 4 types as follows:
Small Entrepreneurship: This type of entrepreneurship is represented by small stores; Like
hairdressing, grocery, carpentry, plumbing, etc., people run their own business or hire a family
member or local employees, and their earnings usually make them able to feed their families and
provide for their basic needs.
Scalable Entrepreneurship: In this type of entrepreneurship, the entrepreneur begins to create a
business that he realizes that he can bring about societal change through it. He attracts and
attracts investors who think outside the box, focuses on the search for measurable commercial
and experimental activities, and hires the best and most creative employees. .
Entrepreneurship of large companies: In this type of leadership, large companies continue to
introduce and modify their main products, as advances in technology, customer preferences, and
new competition increase pressure on these companies to produce innovative products and offer
them for sale to a new group of customers in new and different markets .
Social Entrepreneurship: This type of entrepreneurship focuses on producing products and
providing services that solve societal problems and cover the needs of society without achieving
any financial profits.
The endeavors of commercial projects and entrepreneurship have had a wide impact on
economic conditions, the business environment, and job creation in various countries. Here are
some points that illustrate the importance of entrepreneurship:
Economic progress and advancement: Commercial projects are what drive the wheel of
economic development and contribute significantly to the national income.
Promoting social change: Bridging the gap between product scarcity and demand would help
create a positive impact on people and produce fruitful results from a business point of view.
Providing job opportunities: Business companies contributed to providing new job opportunities
for beginners, training and providing them with experience, and providing experienced labor for
large industries.
Community development: If the labor base in the community is diversified among many small
entrepreneurial companies, it will allow the slums to diminish and increase spending on
education, entertainment and other activities, and thus the standard of living in the community
will be.
December 20, 2015: Colorado Coach Connection
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Trends in TrainingThe business environment in North America .docx
Trends in Training
The business environment in North America will continue to change rapidly. These changes bring
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As companies adapt, their training function also needs to adapt. Multiple surveys over the last
several years have asked HR executives and human resource development (HRD) managers to
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training.
(http://content.thuzelearning.com/books/AUBUS680.16.1/sections/i176#ch01biblio_06)
Aligning training with business strategy
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Managing talent due to changing demographics
Improving the training function
Quality
Legal issues
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challenges it presents to the training function. The ways in which companies are addressing these
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(http://content.thuzelearning.com/books/AUBUS680.16.1/sections/i141#ch10) , Key Areas of
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continue. Most companies will need to continuously realign their activities to meet new conditions.
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company and the people who carry it out. Organizations now realize that effective training is a tool
for getting better job performance, better bottom-line results, and creating organization-wide
adaptability.
What actions did Domtar take to align its training with its business strategy? One component
was the institution of Kaizen methods and the associated training. This aligns with the strategic
goal of “tapping the intelligence of the experts, our employees.” Was the money Domtar spent on
this training worth it? It would seem so. Using the Kaizen approach, employees developed a new
way of cutting trees into planks. The result was fewer wood chips to transport and more logs
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6
12/10/19, 9:56 PM
Page 1 of 9
production costs. Two of their mills are among the lowest-cost mills in North America. Clearly, the
training at Domtar was alig ...
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The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
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Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
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Teaching Case Fitness & Wellness Place Appoints a Ch.docx
Teaching Case
Fitness & Wellness Place Appoints a Chief Information
Officer
Joan Rodon
Department of Management Information Systems
ESADE Business School, Universitat Ramon Llull
Sant Cugat del Vallès, 59, 08172, Spain
[email protected]
ABSTRACT
Fitness and Wellness Place (F&W) is a network of fitness and wellness clubs in Spain and Portugal created in 2009 as a result
of a buy-out from a large British operator. In 2009, F&W was operating 15 clubs in Spain and Portugal and by the end of
2011, F&W ran 25 clubs. F&W’s rapid growth in the period 2009-11 had become a matter of concern to senior management.
The lack of control and the poor performance of core processes were negatively impacting the financial results and the firm’s
reputation. The F&W’s Chief Executive Officer (CEO), Nick Summers considered that it was time to make changes to the
operating processes and systems. Accordingly, Nick decided to create a new Chief Information Office (CIO) post in the
company and sought an industry outsider with excellent business performance who could put things in order. Students are
asked to put themselves into the shoes of the new CIO and deal with a broad range of IS management issues through seven
assignments. This teaching case was prepared to support a core course on information systems of a business administration
and management degree.
Keywords: Teaching Case, Data management, Business process management (BPM), Software as a service (SAAS), Social
networking, Security
1. INTRODUCTION
It was Monday, the 5th of March 2012 and Mike Vidal was
gazing out of the train window on his way to his new job at
Fitness & Wellness Place (F&W). He had been recruited for
the new post of Chief Information Officer (CIO). This was a
great opportunity for Mike. Since he graduated in Business
Administration, five years ago, Mike had always worked as a
consultant at a major management consultancy firm. As the
train drew into the station, Mike remembered the words of
F&W’s CEO when he accepted the job: “Mike, I want you to
help us hasten the implementation of the new strategic plan
of F&W. You will have to work hard to reorganize the
company’s information management processes and IT
systems.”
2. PREPARATION OF MANUSCRIPTS
F&W was a network of fitness and wellness clubs in Spain
and Portugal, created in 2009 as a result of a buy-out from a
large British operator with over 80 clubs throughout Europe.
At the time, F&W was operating 15 clubs in Spain and
Portugal. By the end of 2011, F&W was a well-established
brand in the Spanish and Portuguese markets with over
100,000 members and 1,100 staff. F&W ran 25 clubs and its
revenues peaked to €95 m in 2011 (see Table 1). Each F&W
center offered a full range of gym equipment, exercise
classes, personal trainers, indoor pools, spa and wellness
services including saunas, Jacuzzi, hydrotherapy pools, and
relaxation rooms, on-sit ...
I want an accurate and detailed answer Entrepreneurship M.pdf
I want an accurate and detailed answer.
Entrepreneurship Module Project
Model (2)
Entrepreneurship refers to the concept of developing and managing commercial projects in order
to earn profits by taking risks and taking many risks. Global.
The title of entrepreneur or businessman is given to the person who establishes a new business
project by himself and bears all the risks and consequences of this work, as he is seen as
innovative, creative, and a source of renewable ideas, modern products and services; It plays an
important role in any economy by using the necessary and necessary skills to anticipate market
needs and provide good and innovative ideas.
Entrepreneurship is classified into 4 types as follows:
Small Entrepreneurship: This type of entrepreneurship is represented by small stores; Like
hairdressing, grocery, carpentry, plumbing, etc., people run their own business or hire a family
member or local employees, and their earnings usually make them able to feed their families and
provide for their basic needs.
Scalable Entrepreneurship: In this type of entrepreneurship, the entrepreneur begins to create a
business that he realizes that he can bring about societal change through it. He attracts and
attracts investors who think outside the box, focuses on the search for measurable commercial
and experimental activities, and hires the best and most creative employees. .
Entrepreneurship of large companies: In this type of leadership, large companies continue to
introduce and modify their main products, as advances in technology, customer preferences, and
new competition increase pressure on these companies to produce innovative products and offer
them for sale to a new group of customers in new and different markets .
Social Entrepreneurship: This type of entrepreneurship focuses on producing products and
providing services that solve societal problems and cover the needs of society without achieving
any financial profits.
The endeavors of commercial projects and entrepreneurship have had a wide impact on economic
conditions, the business environment, and job creation in various countries. Here are some points
that illustrate the importance of entrepreneurship:
Economic progress and advancement: Commercial projects are what drive the wheel of economic
development and contribute significantly to the national income.
Promoting social change: Bridging the gap between product scarcity and demand would help
create a positive impact on people and produce fruitful results from a business point of view.
Providing job opportunities: Business companies contributed to providing new job opportunities for
beginners, training and providing them with experience, and providing experienced labor for large
industries.
Community development: If the labor base in the community is diversified among many small
entrepreneurial companies, it will allow the slums to diminish and increase spending on education,
entertainment and other activities, and thus the sta.
Running head STRATEGIC PLANNING1 STRATEGIC PLANNING5.docx
Running head: STRATEGIC PLANNING
1
STRATEGIC PLANNING
5
Strategic Planning
Strategic Planning
Planning is very essential for every company. Planning is very essential since it helps a company to see the risks and the challenges that a certain project may face. Planning also helps an organization to allocate resources effectively which will lead to the success of that specific project and also the growth and development of the whole company. Strategic planning is therefore highly needed when it comes to the development of a new line of production. The coca cola company will have to ensure that it has planned for its product development. There are many areas which are required when it comes to product development. The company should, therefore, be very careful, and it should insist that the strategic planning is of good quality. There are various objectives of planning, and these should be listed to ensure that the project runs smoothly (Annacchino, 2007). The strategic plan paper is therefore very critical. It also considers the communication of the plans about the project.
Potential alternatives to the issues and opportunities identified in the SWOT Analysis
There are various issues and opportunities which have been identified in the SWOT analysis which was carried out on the new product to be developed by the company. There are various alternatives which can be considered and which will ensure that the new product will be successful in the market. One of the issues which will be facing the coca cola's new product is the fact that there is usually weak coordination between government agencies. The company will have to follow the government directives, and it will have to obtain the necessary licensing. If there is weak coordination, the duration of obtaining these licenses may be long, and it will affect the business. The alternative to this is to ensure that the company has started the process of obtaining these things will be available in time. The company should also ensure that it has created the necessary connections in the various governments which will help the project development process move smoothly.
Another alternative for the new product is to ensure that it has exploited the new markets which are emerging in the developing economies. This will create a large customer base for the company and the product. The company should also ensure that they have been able to utilize the skills and the technology they have to make the new products. This will be an alternative for the increased cost of production which will be introduced by the new product. The company has the best technology and also qualified personnel hence it would be easier for the new product. The company should also increase corporate social responsibility for the new product's promotion. This will help to sensitize the public about the new product which will lead to the success of the new product. There are therefore many alternatives for the co ...
INDUSTRY AND CAREER RESEARCH REPORT .docx
INDUSTRY AND CAREER RESEARCH REPORT 15
Industry and Career Research Report
Professor’s Name
Student’s name
Student’s number
Date of submission
Running head: INDUSTRY AND CAREER RESEARCH REPORT 1
Table of Contents
Industry and career research report 3
Academic Program Outline 3
Industry affiliations 5
Professional associations 5
Purpose 5
Users 6
Services 6
Events 6
Membership and fees 6
Industry certification and publication 6
Levels 6
Cost of certification 7
Process 7
Benefits 7
Industry related publications 7
News Article 8
Job posting 8
Three job requirements 8
Job fit 8
Industry and career research reportAcademic Program Outline
The program below if for accounting, it will enable you to learn how to set up your business for success. After studying the program, you will acquire skills that will help you get a job in any business environment or start up your own business and manage it well. The program covers managerial accounting, financial accounting and use of software that operate in business environment (Centennial College, 2015).
Table Number 1
Program name: Business administration- Accounting
Program number: 2405
Program coordinator:
Course code
Course title
Weekly hours
One course learning outcome
Semester 1
ACCT-12
Financial accounting 1
4(2+2)
The course introduces simple tools to allow you to analyze financial information and explain the information contained in the financial statements in your future roles as managers, investors, or other users of financial accounting information.
COMM-160/161
College communication 1
3
It enables the student to develop skills in grammar, sentence variety, paragraph development, vocabulary and reading comprehension.
COMP-106
Applied business software 1
8(4+4)
Students to develop skills needed to prepare for the MOS (Microsoft Office Specialist) exam for Word and PowerPoint
FINA-110
Canadian investment funds course
4
overview of the economic and investment framework in which the mutual fund industry operates
MATH-119
Mathematics of finance part 2
MKTG-116
Principles of marketing
3
It provides an overview of contemporary marketing, emphasizing the management of the product/service, price, promotion and distribution areas of an organization within a changing environment.
Semester 2
ACCT-150
Small Business Software
6(2+4)
Create and maintain electronic accounting records for various types of businesses
ACCT-221
Financial Accounting 2
4
Preparation of financial statements in accordance with Generally Accepted Accounting Principles.
BUSN-225
Intro to Research Methods and Data Analysis
4
Apply statistical and other quantitative techniques to business problems and interpret the solutions for improved decision-making.
COMM-170/171
College Communication 2
3
The student will recognize and use a variety of structural and stylistic techniques, analyze audience, purpose, and tone, and develop critical readin.
Entrepreneurship Module Project Model (2) Entrepreneurship refers to t.pdf
Entrepreneurship Module Project
Model (2)
Entrepreneurship refers to the concept of developing and managing commercial projects in order
to earn profits by taking risks and taking many risks. Global.
The title of entrepreneur or businessman is given to the person who establishes a new business
project by himself and bears all the risks and consequences of this work, as he is seen as
innovative, creative, and a source of renewable ideas, modern products and services; It plays an
important role in any economy by using the necessary and necessary skills to anticipate market
needs and provide good and innovative ideas.
Entrepreneurship is classified into 4 types as follows:
Small Entrepreneurship: This type of entrepreneurship is represented by small stores; Like
hairdressing, grocery, carpentry, plumbing, etc., people run their own business or hire a family
member or local employees, and their earnings usually make them able to feed their families and
provide for their basic needs.
Scalable Entrepreneurship: In this type of entrepreneurship, the entrepreneur begins to create a
business that he realizes that he can bring about societal change through it. He attracts and
attracts investors who think outside the box, focuses on the search for measurable commercial
and experimental activities, and hires the best and most creative employees. .
Entrepreneurship of large companies: In this type of leadership, large companies continue to
introduce and modify their main products, as advances in technology, customer preferences, and
new competition increase pressure on these companies to produce innovative products and offer
them for sale to a new group of customers in new and different markets .
Social Entrepreneurship: This type of entrepreneurship focuses on producing products and
providing services that solve societal problems and cover the needs of society without achieving
any financial profits.
The endeavors of commercial projects and entrepreneurship have had a wide impact on
economic conditions, the business environment, and job creation in various countries. Here are
some points that illustrate the importance of entrepreneurship:
Economic progress and advancement: Commercial projects are what drive the wheel of
economic development and contribute significantly to the national income.
Promoting social change: Bridging the gap between product scarcity and demand would help
create a positive impact on people and produce fruitful results from a business point of view.
Providing job opportunities: Business companies contributed to providing new job opportunities
for beginners, training and providing them with experience, and providing experienced labor for
large industries.
Community development: If the labor base in the community is diversified among many small
entrepreneurial companies, it will allow the slums to diminish and increase spending on
education, entertainment and other activities, and thus the standard of living in the community
will be.
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Trends in TrainingThe business environment in North America .docx
Trends in Training
The business environment in North America will continue to change rapidly. These changes bring
both challenges and opportunities. Successful companies in most industries must constantly realign
their activities to meet new conditions while remaining true to their mission and strategic direction.
As companies adapt, their training function also needs to adapt. Multiple surveys over the last
several years have asked HR executives and human resource development (HRD) managers to
identify their organization’s needs for the next several years. These are the major trends in
training.
(http://content.thuzelearning.com/books/AUBUS680.16.1/sections/i176#ch01biblio_06)
Aligning training with business strategy
Advances in Technology
Managing talent due to changing demographics
Improving the training function
Quality
Legal issues
Each of these issues is discussed in subsequent paragraphs in terms of the opportunities and
challenges it presents to the training function. The ways in which companies are addressing these
issues are covered in more depth in Chapter 10
(http://content.thuzelearning.com/books/AUBUS680.16.1/sections/i141#ch10) , Key Areas of
Organizational Training.
Aligning Training with Business Strategy
For the past five years, virtually all the surveys show that aligning training with business strategy
is a top priority not only of training managers, but also of HR managers and other business
executives. Why is it such a high priority? First, it is only in the last decade that reliable evidence
of training’s impact on the bottom line has surfaced. Second, and just as important, the business
environment over the last decade has been changing rapidly, and all signs indicate that this will
continue. Most companies will need to continuously realign their activities to meet new conditions.
This requires people at all levels in the organization to be able to make day-to-day decisions that
support the business strategy. Training initiatives will need to support the strategic direction of the
company and the people who carry it out. Organizations now realize that effective training is a tool
for getting better job performance, better bottom-line results, and creating organization-wide
adaptability.
What actions did Domtar take to align its training with its business strategy? One component
was the institution of Kaizen methods and the associated training. This aligns with the strategic
goal of “tapping the intelligence of the experts, our employees.” Was the money Domtar spent on
this training worth it? It would seem so. Using the Kaizen approach, employees developed a new
way of cutting trees into planks. The result was fewer wood chips to transport and more logs
produced per tree. Since 1997, it is estimated that Kaizen has saved Domtar about $230 million in
6
12/10/19, 9:56 PM
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production costs. Two of their mills are among the lowest-cost mills in North America. Clearly, the
training at Domtar was alig ...
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Presentation class 11
- 1. LEAN ENTREPRENEURSHIP PROJECT WORKSPORTS Alizée Toison Francisco Campos Iiro Vuorinen Nataly Quiroga We help big and middle size companies to improve employee competitiveness and sense of belonging through healthy competition and events organization.
- 2. LESSONS LEARNED The initial customers (Big and middle size companies) are not interested in acquiring sport programs or courses for their employees. However, the idea of implementing some championships and events between companies is very interested for them. PREVIOUS VERSION: B2B (Companies) Sport programs and courses for employees OPTION 2: B2B (Universities- Students associations) Sport program and events for students OPTION 1: B2B (Companies) Sport competitions between companies We got 8 interviews more and 2 more are scheduled for next week We talked with some students associations and we found that some local and national organizations are already leading the market
- 3. LATEST BUSINESS MODEL CHANGES DONE: CUSTOMER SEGMENTS: Big and Middle size Portuguese companies (same) SERVICES: Sport events and championships organization between companies CURRENT VERSION OF THE CANVAS:
- 5. THREE PROCESSES DIAGRAMS YES YES NO NO
- 7. COST STRUCTURE 51% 49% COSTS Fixed Variable 2015 2016 2017 Own salaries 13,200 26,400 26,400 Office rent 3,600 3,672 3,745 Fixed Costs 16,800 30,072 30,145 COGS 7,245 7,957 10,194 Salaries 5,000 5,000 5,900 Mkt and Adv. 3,600 1,800 1,836 Rented sports equip. 225 230 234 Variable Costs 16,070 14,987 18,164
- 8. FINANCIALS Chart Title 2015 2016 2017 EBIT=EBT -3,127 -2,486 7,833 Net Earnings -3,127 -2,486 7,455 10000 8000 6000 4000 2000 0 -2000 -4000 2015 2016 2017 EBIT=EBT Net Earnings