Group Final Presentation - CALtea

 

 

 

Group Final Project - Requirements:
Group projects of Team Base Conference and Fall 2012 Semester group Final Project

Group members: Stephen Shiao, Virginia Atkinson, Darren Tay, Pei Pei Li

Date of discuss: 11/29/2012

Thank you all for attended our group Skype discussion!

After half an hour reviewing on the event, we moved to our next topic of the fall 2012 semester final projet.

Final Presentation (Team based, Dec 8, 9:30-11:00AM)

An Innovative Start-up Business

Goals: Make it interesting and attractive so

A. people want to invest in your business.

B. people want to join your team.

Requirement:

10-12 min, every member has to present

Well structured and design powerpoint 8-15 pages

Use at least 5 concepts and 10 "takeaways terms" in the book, list them at the last slide)

Include 3 min of "Porter's 5 forces analysis" of the industry your start-up will be in.

Make it fun!

We separated this final project into parts, and each of group member will handle each selected parts before the next Tuesday, 4 December. We looking forward to finish the final adjusting of our project no later than next Friday, 7 December.

Stephen selected parts of "Operations" and "MBA Minicourses";

Darren selected "Economics" and "Strategy";

Pei Pei selected "Accounting" and "Finance";

Virginia selected "Marketing" and "Ethic".

Each one 3 slides with 1 concept, and 2 take away.

After brainstorm around several industries such as boba pearl tea, fashion store, dry clean shop, swimming school and mailing company/forwarding agent, we voted to involving in boba pearl tea business as our final presentation topic. And this tea shop will be named as CalTea

Porter’s 5 forces Analysis:

page 340

Stephen/entrants

Darren/buyer/rivalry

Peipei/supplier

Viginia/substitute

Group Study Report - Country Analysis:

Country Analysis: Do you want to setup your company here?

Date: 10 November - 16 November 2012

Group Member: Stephen Shiao, Virginia Atkinson, Darren Tay, Peipei Li

Subject Country: Malaysia:

 

Topics:

1. Analysis Past performance
1. External
2. Internal
2. Strategy
1. Goal
2. Policy
3. Context,
1. physical - size, resources, imports/exports
2. political - stable,democracy, power, government, corruption, vigilant press
3. Institution - industrial, infrastructural, bureaucracy
4. Ideological - bill of rihts, culture, immigration, material wealth 
5. International - inflation
4. prediction

Analysis Past performance

External

In 2012, Malaysia hosted the world's second-largest initial public offering (IPO) when a local palm oil producer, Felda Global Ventures, listed on the local stock market, Bursa Malaysia, on June 28th.

•The IPO is part of a government plan to sell off state-linked firms and attract foreign investors to the country. This initiative forms one element of a plan to transform Malaysia into a high-income nation by 2020.

Internal

Recent statements by the prime minister, Najib Razak, and his deputy, Muhyiddin Yassin, have hinted that more cash hand-outs could be in the offing as speculation persists over a possible snap election later this year.

Strategy

Goal

Services in Malaysia have been growing in importance for the economy in the past few years. In 2010, Services was responsible for 49.3 percent of the GDP. The concerted development of the service industry is part of the national development strategy to venture into new growth areas and broaden the economic base for exports. It is also expected to provide the basis for sustained growth in the economy in order to achieve the vision of becoming a developed nation by 2020.

According to the 10th Malaysia Plan (RMK 10), the goal for the service industry is to achieve 61 percent of GDP share by 2015 – with an annual growth of 7.2 percent. Under the IMP3, non-government services are targeted to grow at an average annual rate of 7.5 percent. Construction services are also expected to increase annually by 5.7 percent. The Malaysia government is also expected to invest nearly RM687.7 billion or US$228.384 billion dollars over the next fifteen years into services alone.

Policy

The monetary policy committee of Bank Negara Malaysia (BNM, the central bank) kept its official policy interest rate, the overnight policy rate, unchanged at 3% at its meeting in July 2012.

Context,

physical - size, resources, imports/exports

The strength of domestic demand was borne out in trade data for May, which showed a 16.2% year-on-year jump in the value of imports. This, coupled with other data, has prompted an upward revision to our GDP forecast for 2012.

political - stable, democracy, power, government, corruption, vigilant press

Institution - industrial, infrastructural, bureaucracy

Malaysia is a newly industrialized country that experienced an economic boom and underwent rapid development during the late 20th century. Prior to this rapid of rapid industrialization, Malaysia was the world’s largest producer of tin, rubber and palm oil. When the tin market collapsed during the early 1980s, the Malaysian government was forced to diversify and modernize the economy.

Today, Malaysia has moved into the third stage of economic development, with growing emphasis on services. The Industrial Master Plan (IMP3) was created to develop the country into a major trading nation by focusing on services and human capital. IMP3 is expected to cover the period from 2006 to 2020.

Malaysia also has a vibrant oil and gas industry. In 2010, Malaysia was the 28th largest oil producer and the 17th largest natural gas producer in the world. Currently, Malaysia has 2.9 billion barrels worth of proven oil reserves and 2.35 trillion cu m of proven natural gas reserves. This makes them the 32nd and 17th ranked country in the world respectively.

Oil and natural gas reserves in Malaysia are managed by Petronas – a Fortune 500 company wholly owned by the Malaysian government.

Ideological - bill of rights, culture, immigration, material wealth

International – inflation

Expect consumer prices to rise by an average of 1.9% in 2012, compared with 2.2% previously. Annual inflation will average 3% in 2013-16. The planned introduction of a new consumption tax and the gradual withdrawal of subsidies are expected to push up consumer prices from 2013.

During the first eight months of the year the overall consumer price index rose by an average of 1.8% year on year. The food and non-alcoholic beverages category recorded a 2.8% year-on-year increase in prices

Prediction

Outlook for 2012-2017

 

•The forecast period is likely to be dominated by preparations for the next general election. The poll does not have to take place until 2013, but the Economist Intelligence Unit expects it to be held in 2012.

•We expect the ruling Barisan Nasional (BN) coalition to win the next election. The BN hopes to regain the two-thirds majority that it lost at the 2008 general election.

• The government will fail to balance the budget in 2013-17 as it continues to allocate funds to infrastructure projects. The monetary authorities will maintain a neutral stance in 2013, but will tighten policy from 2014 onwards.

• The economy is expected to remain on a sustainable growth path in 2013-17. Growth in 2013 is expected to slow slightly to 4.5%, compared with an estimated 4.9% in 2012.

• The current account will remain in surplus in 2013-17, equivalent to an annual average of 6.2% of GDP, compared with an estimated 6.7% in 2012.

Conclusion:   

We have more than 50% vote among team members favors forming investment in Malaysia. Followings are the summary of our discussion result, leads us believe it will be profitable to start business in there.

Malaysia will continue to post substantial trade and current-account surpluses in the next five years. The service industry is important, e.g. data center etc. It is one of the five countries without debt in South Asia, The political dominate and controls the economy, it’s all about relationship, which leads corruption. Race is one of the big problems.

The North east beach is white sand beach, better than Hawaii. It is good for tourist business development.

Land and Real Estate was gaining 30-40 % but now is decline. Tourist and sightseeing are good business, good for put money opening shops. Malaysia ranks 9^th place for retirement in the world. Some hi-tech industry formed some base here; for example, it is the first setup of out of state factory for Intel. It has 2nd/3rd biggest IPO in 2012.

There are 60 % of the surface is open for land development, very rich in nature resources. Food and water are very good, which supplies surrounding countries. General election date is decided by Prime Minister. It supposes to take place in 2012, but becomes to be expected 2013.

BN to  Malaysia is similar to Democratic Party to US. There are some small ones but no effect to the control of the country. Muslin and DAP have few seats in the congress.

Small has been grouped into UMNO, which one of the three to form BN. People are Malaysian, Indian and Chinese, and populations are biased. The combination of different people forms different parties.

Land and factory building in china is good experience for industry development. Base on this, does Malaysia will be next wave? The answer is positive.

Business formed alliance of several small countries, they are helping each other and form attractive investment environment, and put Singapore as its center, also balanced each other. Malaysia has bright future and worth to put money for business development.

Group Project:Team based Conference/Event experience:

Group Project

Team based Conference/Event experience

BUS 600-FA 2012

Graduate Prosem - Fundamentals of Management

Stephen Shiao

Virginia Atkinson

Peipei Li

Darren Tay

Dec 02, 2012

California University of Management and Technology

Instructor: Professor Eric Tao

 

Group Project

Team based Conference/Event experience

Collaboration and Objectives

Our Group went a to a Nimble and CommVault Product Announcement Event. Upon completion of speech of technology and product introduction from these two companies, they showed the latest movie Skyfall - 007, filmed with updated cloud technologies.

Our team objective was to learn what we could from the event held jointly by these two companies of the advanced storage technology in the public cloud field. It is also a good practise not only to know the latest technology in the industry, but also enhance our knowledge to learn about how the event being planned and organized, in the supplier side, and what’s being delivered, in the customer side. Our collaboration was in class and on the Internet to discuss the activity we were going to participate in as a group. Also we had meetings online to discuss the conference after we attended it, came together at the conference to listen to the presentation from Nimble and CommVault representatives. We also collaborated on the written assignment.

Background on two companies

Cloud is the latest technology to handle the “Big Data” era, storage system plays an important role. The storage size, security, efficiency, bandwidth, access speed, data management, backup, real estate/rack space, power, safety, support and availability are few examples of important factors among others in the data center setup and management for the storages.

Nimble Storage is the first purpose-built storage solution that combines flash memory with hard disk drives to deliver high performance and efficiency. You can consolidate and better protect data while reducing overall storage costs for all your critical IT applications using Nibble’s easy-to-manage, scale-to-fit storage.

CommVault customers can now realize these breakthroughs with support for Nimble Storage as a Qualified IntelliSnapTM Connect array. Efficiently capture, move, retain, find, analyze, and recover data with an efficient, high-performance storage solution. A cooperative support agreement between Nimble Storage and CommVault® software ensures seamless compatibility and customer support.

With the combination of the above 2 companies, the storage subsystem for the cloud implementation can be more efficient, sufficient and complete.

The Six W’s

People who worked as IT professionals and management area should attend this presentation. It was taken place at a movie theater called AMC Mercado in Santa Clara, CA on November 9th 2012.

The two companies exchanged information, shared a video, and had a PowerPoint presentation. The advantage of the technology and price has been mentioned. In addition they had a question and answer period where many questions were well answered. When the two speakers we done they said that there was a short survey they were handing out to obtain feedback from customers. To encourage questions and people to fill out the survey they had prizes such as tickets for movies and snacks at the concession stand.

Few days later, all of the group members received a phone call from the event as followup from the sales and marketing department of those two companies.

What did we learn from the event?

What we learned from the event was that companies are providing solutions with hard drive for store, backup and management of storage subsystems for the data center in the cloud industry. Also, this is an efficient way of inviting specific group of professionals with adequate background in the specific segment of the market, position their product in the specific field, focus on educating customer with latest information and differentiate from the rest of the other suppliers.

This also let us review the product, the offered price, with the proper channel of promotion their product at the matched place of center of Silicon Valeey.

After a detailed group discussion we got a better understanding of the purpose of the event.

BUS600 ProSem: Chapter 10 - Mini Courses

MBA Minicourses

I will list out the concepts I learned from Chapter 10.

1. Ten-second minicourse on public speaking:
• Know your audience
• Their interests, attention span
• Know your own capabilities
• Can you deliver a joke?
• Keep it simple
• detailed information is best delivered in print
• Speeches should deliver a concept and motivate
• KISS
• Keep It Short & Simple

BUS600 ProSem: Chapter 9 - Strategy



Porter's Five Force

According to Harvard professor Michael Porter, an industry can be analyzed using a Five-Forces Model. These forces determine how intense competition is within a particular industry. Industries with low intensity, are considered attractive, as they are profitable.  

 

Value Chain - important analysis tool
Inbound Logistics: Vendors selection, net payment term, Shipping method
Operations - employee has the right skill, quality control, training
Outbound Logistics - how do you sell, lead time, delivery
Marketing & Sales
Services

Level of Strategy
Functional Strategy: Can we improve how to do operation?
Business Strategy: How can we beat the competition?
Corporate Strategy: What business should we be in?

BUS600 ProSem: Chapter 8 -  Economics

Below is a couple useful concepts I learned in the economics chapter.

• Supply and Demand

 

• Opportunity Costs - Opportunity cost is the cost we pay when we give up something to get something else.

      







Some economists like to break down opportunity costs into explicit and implicit. An explicit opportunity cost involves cash outlays. An implicit opportunity cost is one that involves what you could have done with resources you already own.

• Marginal Utility
• Elasticity
• Market Structures
• Keynesian and Monetarist Thery
• Gross National Product Accounting
• International Economics