This document discusses establishing an ideal solution for small and medium business owners and entrepreneurs in India to achieve work satisfaction, financial security, and future growth. It outlines the common dilemmas they face in balancing these priorities and staying focused on daily operations versus long-term planning. The proposed solution is a cooperative of experienced consulting professionals called Yagna that would help businesses sequentially address issues, build capabilities, and implement sustainable initiatives over 90 days to improve performance, protect the current situation, and lay the foundation for future success.
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Albion provides a sounding board and guidance for our entrepreneurial clients with a specific focus on the steps a business owner should take to "clean up" a business for eventual transfer to new ownership whether via gifting, internal or third party sale, or public offering.
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Order the book here:
https://www.amazon.com/dp/B093QF4DD4
Check out my BPI- Business Process course on Udemy!
https://www.udemy.com/course/business-process-improvement-and-process-mapping/?referralCode=9A549649145AD26A9D06
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• The Elevator Pitch
• Executive Summary
• Company Presentation
• Technical White Paper
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Marketing Funnels
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Gamification, VR, 3D Printing, Cloud, AI,
Rigorous strategic analysis can distinguish markets that promise enduring success from those that offer only the illusion of substantial, if immediate, returns.
Archetypal example is a business with low barriers to entry
Ability to build a sustainable competitive advantage
Another misstep is entering a large and growing market without analyzing whether the firm will be able to build a sustainable competitive advantage in it. Best Buy, Mattel’s line of Barbie dolls, eBay, and a slew of others entered China thinking that anyone could make money there—only to fail. It may be much wiser to pursue several smaller, less risky opportunities that together could create a successful long-term business.
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The No-Nonsense Framework for Closing the Strategy-Execution Gap
https://benjaminwann.com/blog
Order the book here:
https://www.amazon.com/dp/B093QF4DD4
Check out my BPI- Business Process course on Udemy!
https://www.udemy.com/course/business-process-improvement-and-process-mapping/?referralCode=9A549649145AD26A9D06
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After 5 years growing Toucan Toco we do too.
In the end there is only one solution : prioritize !
“But what should I focus on when we are 2 founders in a garage ? A 10 people team with no fundings ? A structured team of 50 ?
I heard about OKR, 360 Reviews, Squads, BSPCE, Wiki, core values… But what should I do in the next weeks among those actions, process and strategies ?”
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Looking for the right process at the right stage ? This slideshare is for you.
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To follow Roshan on Twitter (@lepaker) and Facebook, go to: www.facebook.com/roshanthiran.leaderonomics
This document is designed to provide initial understanding of the issues and undesirable effects faced by the client
The target is to get a representative picture of the company.
While a tremendous amount of detail is not needed at this point, any other significant issue not listed and that is deemed appropriate may be attached with this document.
IF NOTHING HAS BEEN HELPING YOUR BUSINESS
COME OUT OF CHAOS AND YOU’VE BEEN SEARCHING
EVERYWHERE FOR THE RIGHT SOLUTIONS,
YOU’VE COME TO THE RIGHT PLACE.
This comprehensive program covers essential aspects of performance marketing, growth strategies, and tactics, such as search engine optimization (SEO), pay-per-click (PPC) advertising, content marketing, social media marketing, and more
Want to move your career forward? Looking to build your leadership skills while helping others learn, grow, and improve their skills? Seeking someone who can guide you in achieving these goals?
You can accomplish this through a mentoring partnership. Learn more about the PMISSC Mentoring Program, where you’ll discover the incredible benefits of becoming a mentor or mentee. This program is designed to foster professional growth, enhance skills, and build a strong network within the project management community. Whether you're looking to share your expertise or seeking guidance to advance your career, the PMI Mentoring Program offers valuable opportunities for personal and professional development.
Watch this to learn:
* Overview of the PMISSC Mentoring Program: Mission, vision, and objectives.
* Benefits for Volunteer Mentors: Professional development, networking, personal satisfaction, and recognition.
* Advantages for Mentees: Career advancement, skill development, networking, and confidence building.
* Program Structure and Expectations: Mentor-mentee matching process, program phases, and time commitment.
* Success Stories and Testimonials: Inspiring examples from past participants.
* How to Get Involved: Steps to participate and resources available for support throughout the program.
Learn how you can make a difference in the project management community and take the next step in your professional journey.
About Hector Del Castillo
Hector is VP of Professional Development at the PMI Silver Spring Chapter, and CEO of Bold PM. He's a mid-market growth product executive and changemaker. He works with mid-market product-driven software executives to solve their biggest growth problems. He scales product growth, optimizes ops and builds loyal customers. He has reduced customer churn 33%, and boosted sales 47% for clients. He makes a significant impact by building and launching world-changing AI-powered products. If you're looking for an engaging and inspiring speaker to spark creativity and innovation within your organization, set up an appointment to discuss your specific needs and identify a suitable topic to inspire your audience at your next corporate conference, symposium, executive summit, or planning retreat.
About PMI Silver Spring Chapter
We are a branch of the Project Management Institute. We offer a platform for project management professionals in Silver Spring, MD, and the DC/Baltimore metro area. Monthly meetings facilitate networking, knowledge sharing, and professional development. For event details, visit pmissc.org.
The Impact of Artificial Intelligence on Modern Society.pdfssuser3e63fc
Just a game Assignment 3
1. What has made Louis Vuitton's business model successful in the Japanese luxury market?
2. What are the opportunities and challenges for Louis Vuitton in Japan?
3. What are the specifics of the Japanese fashion luxury market?
4. How did Louis Vuitton enter into the Japanese market originally? What were the other entry strategies it adopted later to strengthen its presence?
5. Will Louis Vuitton have any new challenges arise due to the global financial crisis? How does it overcome the new challenges?Assignment 3
1. What has made Louis Vuitton's business model successful in the Japanese luxury market?
2. What are the opportunities and challenges for Louis Vuitton in Japan?
3. What are the specifics of the Japanese fashion luxury market?
4. How did Louis Vuitton enter into the Japanese market originally? What were the other entry strategies it adopted later to strengthen its presence?
5. Will Louis Vuitton have any new challenges arise due to the global financial crisis? How does it overcome the new challenges?Assignment 3
1. What has made Louis Vuitton's business model successful in the Japanese luxury market?
2. What are the opportunities and challenges for Louis Vuitton in Japan?
3. What are the specifics of the Japanese fashion luxury market?
4. How did Louis Vuitton enter into the Japanese market originally? What were the other entry strategies it adopted later to strengthen its presence?
5. Will Louis Vuitton have any new challenges arise due to the global financial crisis? How does it overcome the new challenges?
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Explore Careers and College Majors is a new online, interactive, self-guided career, major and college planning system.
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2. To have your cake and eat it too?
Work for Impact, Independence, Initiative
“AND”
Not compromise on Income
Is it possible?
3. Concerns of many qualified and experienced professionals
• A rat race
• Compromise on work content, location, team composition,
reporting relationship to get security of basic salary at the end of
every month
Job related
• A drought and flood of work
• Incomplete offering
• Business Development v/s Consulting Delivery
• Always on toes
• No security against negative Black Swans
Independent consultant
4. Many Qualified and Experienced Professionals’ Dilemma
A: Be Happy
C: Derive
satisfaction
from Work
B: Secure
Financial
aspects
D’: Leave Job /
Become
independent
D: Take up a job
In order to have A, we
must have B
In order to have
B, we must
have D
In order to have
C, we must
have D’In order to have A, we
must have C
Objective
Need
Need
Want
Want
5. An ideal solution would be
A: Be Happy
C: Derive
satisfaction
from Work
B: Secure
Financial
aspects
In order to have A, we must
have B
In order to have A, we must
have C
Objective
Need
Need
• Work is linked a very
high ideal
• The impact of work
will be felt far and
wide and would affect
generations to come
• Work gives
continuous learning
and growing
opportunity
• Potential to earn
commensurate with
the contribution made
• Strong support
network to
complement one’s
strengths
6. Small start-ups
Poor quality of
output
Low earnings,
growth and
high mortality
Low investment
in skill building
Under
employment of
population
Low demand
from employee
population
Un-attractive to
additional
investment
Government
promotes self
employment
through
incentives and
subsidies
Indian economy is stuck in a vicious cycle
7. Popular prescription
▪ Pump in investment for production for global consumption in the hope that
it will generate employment, which will lead to increase in domestic demand
and which in turn will lead to stabilizing on a higher plane.
▪ This approach ignores existing unproductive investment in large number of
SMEs which account for more than 50% of domestic output as well as
employment.
8. The Market Problem
▪ SME’s account for >50% of Manufacturing output, investment and
employment in India.
▪ Many start-ups come into existence but their survival rate is dismal.
▪ 20% survive after 5 years and only 4% after 10 Years
▪ Only a small fraction develop into the high-growth firms which make
important contributions to job creation.
▪ Such high mortality results in wastage of scarce resources and reduces
productivity of economy as a whole.
9. THE SMEs SCENARIO TODAY
▪ Only 20% of the start-ups survive after 5 years
▪ Only 4% of the start-ups survive after 10 years
10. A known fact!
▪ An SME owner usually has to wear many hats - CEO, accountant, human
resources manager, purchasing manager, financial officer
▪ In most of these fields she lacks adequate management skills
▪ This usually results in a number of mistakes, including poor time management,
inadequate record keeping and financial controls, pricing mistakes, faulty hiring,
and so on.
11. SME Owners spend
considerable time
in fire-fighting
SME Owner is hard
pressed to spend
time on planning
for the future or
implement robust
systems
Resources and
opportunities are
wasted
SME struggles to
make ends meet.
Profits are
negligible.
SME finds it
difficult to attract
and retain talent
Sustaining any
improvement
initiative to its
logical conclusion
is difficult
SME owners are stuck in a vicious cycle
12. SME Entrepreneur’s Dilemma
A: Do well now
as well as in
future
C: Build for
Future
B: Protect the
current status
D’: Focus on new
initiatives
D: Focus on day to
day fire-fighting
In order to have A, we
must have B
In order to have
B, we must
have D
In order to have
C, we must
have D’In order to have A, we
must have C
Objective
Need
Need
Want
Want
13. Our Insight
▪ SMB owner is handicapped by lack of steady talent in her team. Focus is the key
ingredient to conserve limited time and attention.
▪ Every improvement is a CHANGE, but not every change is an IMPROVEMENT.
SMB owner stumbles around in the futile search of ‘that’ change which would
lead to growth and stability
▪ Where to “FOCUS” is the key challenge?
14. An ideal solution would be
A: Do well
now as well
as in future
C: Build for
Future
B: Protect the
current status
In order to have A, we must
have B
In order to have A, we must
have C
Objective
Need
Need
• A dedicated team of
professionals help in
removing the causes of
current fire-fighting
incidences one by one.
• The current investment
and employees deliver
far more than earlier
• The cost of the new
initiatives is derived
from additional income
• The solutions
implemented are
stable.
• A Decisive Competitive
Edge is created which
ensures future revenues
15. Our Insight
▪ TOC, propounded by Dr. Eliyahu Goldratt, is a proven technology to identify the
area of focus, designing the desired change and implementing the same in a
true WIN-WIN fashion. Viable case studies exist (Top-line Bottom-line in 4
years)
▪ Improvement focus areas taken up sequentially afford a steep learning curve for
the SMB owner and her team.
▪ There are ready solution templates applicable for Production (both job-shop and
mass production), Distribution, Project Management and a critical mass of global
success stories.
16. ABOUT YAGNA
▪ Professional 'Cooperative' of Consulting entrepreneurs
▪ Passion and expertise in executing CHANGE
▪ Skin-in-the-game approach.
▪ Sense of urgency with focus
▪ Logical thinking leads to effective and efficient actions.
17. CHAOS TO SUCCESS IN 90 DAYS
▪ Success is possible in 90 days,
▪ Yagna Resultants create the foundations for sustainable initiatives
▪ Can be maintained over the life of the business.
▪ Possible with whatever available resources within the organization.
18. The Yagna way is to break the myths that –
▪ Sustainable and Measurable growth cannot be achieved within a short duration of
time
▪ Growth is not possible without pumping additional capital into the business.
THE YAGNA WAY
19. To help SMEs take their rightful place on the global stage and help move the Indian
Economy from Third World to First World in this lifetime.
YAGNA’S VISION
20. The 3V ingredients
YAGNA’s APPROACH TO PROBLEMS
(Tame Indiscriminate) Variety
Limiting variety to lower cost and increase bottom line
(Protect against inherent) Variability
Introducing buffers to protect from the impact of variability
(Alleviate lack of) Visibility
Providing visibility to achieve global optima
21. Driving Factors:
WHAT IT TAKES TO BE A YAGNA RESULTANT
The 4 ‘I’ Philosophy
IMPACT | INDEPENDENCE | INITIATIVE | INCOME
IMPACT: Creating impact by delivering disproportionate results
through action on leverage points
INDEPENDENCE: Achieving independence through courage to
take a stand and standing out
INITIATIVE: Conscious choices to do things differently for positive
results
INCOME: Attracting money by delivering positive outcomes to
the world
22. Desired Characteristics:
WHAT IT TAKES TO BE A YAGNA RESULTANT
The 4 ‘H’ Philosophy
HONEST | HUMBLE | HARDWORKING | HUMOR
HONEST: Honesty to acknowledging contribution of others to
foster cooperation and collaboration
HUMBLE: Accepting that one individual cannot have all the
knowledge in the world
HARDWORKING: Realizing that when the task is huge, every lost
minute is a waste
HUMOR: Accepting your flaws and that of others with a sense of
humour
23. Implementation Discipline:
WHAT IT TAKES TO BE
A YAGNA RESULTANT
The 3 ‘M’ Philosophy
METHODS | MEASUREMENT | MONITORING
METHODS: To enable decisions, converting them into working
procedures and automating them
MEASURES: Accepting that one individual cannot have all the
knowledge in the world
MONITORING: Implementation is monitored via regular short
duration reviews and a score card
24. CLICK TO EDIT MASTER TITLE STYLE
ROLE 1
BUSINESS DEVELOPMENT
EXPECTED OUTPUT
Conversion of lead to opportunity
KNOWLEDGE + SKILLS REQUIRED
▪ Awareness Building
▪ Conducting Workshops
THE ROLE OF A YAGNA RESULTANT
25. CLICK TO EDIT MASTER TITLE STYLE
ROLE 2
DIAGNOSTICS + SOLUTION DESIGN
EXPECTED OUTPUT
• Studying the current reality of the business
• Data Analysis for creating solution
hypothesis
• IT Readiness assessment
• Solution Design
• Step – by Step implementation plan
KNOWLEDGE + SKILLS REQUIRED
▪ 3V
▪ DDMRP
▪ CCMP
▪ Lead + Lag Measure Design
▪ Facilitating design & planning workshop
THE ROLE OF A YAGNA RESULTANT
26. CLICK TO EDIT MASTER TITLE STYLE
ROLE 3
IMPLEMENTATION
EXPECTED OUTPUT
• Execution of plan
• Measuring of benefits
• Course corrections
KNOWLEDGE + SKILLS REQUIRED
▪ Facilitating software adoption
▪ Facilitation weekly reviews
THE ROLE OF A YAGNA RESULTANT
27. CLICK TO EDIT MASTER TITLE STYLE
ROLE 4
AUDIT
EXPECTED OUTPUT
Embracing POOGI
KNOWLEDGE + SKILLS REQUIRED
▪ Solution Design + Implementation
▪ Experience of multiple
THE ROLE OF A YAGNA RESULTANT
28. FAQs
▪ How will we get new business?
▪ How would we assure “SUCCESS” in majority of implementations?
▪ Do we have our own software to make implementation smooth?
▪ How would we ensure right Resultants are inducted?
▪ How would we ensure there is true collaboration amongst Resultants?
▪ How would the money shared amongst Resultants?
29. INTERESTED?
If you’re excited by Yagna’s revolutionary way of
business and wish to be a Yagna Resultant, do get in
touch with us at:
YAGNA
ENTREPRENEUR
SUCCESS
SERVICES LLP.
C-6/2, GERA’S EMERALD CITY,
SITE NO.66, BANER,
PUNE – 411 045
Tel: +91 99220 02351
www.yagnaworld.com