BUS 516 Entrepreneurship Project Presentation

Below is the Project Presentation slides of BUS 516 Entrepreneurship - prepared by Cherri Chiang and me.

CALMAT - BUS 516 Entrepreneurship_group_presentation

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BUS 516 Week 11 Assignment 3

Briefly describe your plan for executing your business plan after you receive the resources.

l1st phase

lIncorporation à Establish communication infrastructure & Operations à Website à Client

Describe your venture’s plans to act as an adaptive organization.

lAgile management

lConstantly review product, services, tech & info.

lPricing strategy to stay competitive

lOpportunity of partnership.

Describe the key business processes used by your venture.

lEarly preparation of project resources
Clear objectives, principles, milestone, confidence

lVendor relationship approach strategy
Verify, market study, response

lConsistency of scope definition
Agile development, monitoring

lGo slow to go fast
Lesson learnt, trust, capability, capacity

lCustomer Oriented
Social needs

BUS 516 Week 7 Assignment 2

Describe the customer and the target segment you have identified.

lfocused on two target customer groups (particularly women):

lProfessional who chronically overweight:

ltried numerous diet programs that fail.

lknowledgeable of most of the popular diet plans and are seeking a program that will impact on their weight gain.

lhighly motivated to find a solution but have experienced a sense of isolation.

lcraving a community approach to their weight problem.

lwant a system that will sustain them after they leave the treatment facility.

lProfessional who are facing adult-onset or health issue (obesity-heart-iabetes):

lThis group is highly motivated to make the lifestyle changes that will improve the quality of their lives.

llooking for a program that will tailor the fitness regimen around their health concerns but won't sacrifice results.

Both groups have incomes that exceed $50,000 a year and are college educated.

Develop a positioning statement using the template in Figure 11.4.

FC provides easy to use online calorie calculator tool with interactive journal and health report.

Unlike other Calorie Counter, we allow customization with qualified health consultants/ personal doctor services with wide and strong shared database with restauranters.

How will your venture sell its product and develop customer relationships?

lCore branding element

lSocial and Mobile Tech

lPartnership/ Collaboration networking.

lword of mouth.

BUS 516 Week 3 Assignment 1

What is your business name?
Food Counter

What is your mantra?
Make your life count!

What is your business model?

• Expertise in providing health care services and products
• Superior software paradigm - Online Calorie calculator tool application with interactive journal and health report.
• Using technology, FC tool can reach a large number of customers with minimal costs.
• Freemium business model – Web 2.0
• offering basic Web services for free to attract consumers, while charging a premium for advanced features.

What is your competitive advantage?

• Users Simply plug in food online search with nutritional information.
• There are numerous calorie-counting websites, not all of them are complete and comprehensive resources for everything you need to meet your:

• calorie goals,

• boost your nutrition,

• share and read health-minded tips and get all the updates and news on foods

• FC – one stop to provide you with all the guidance and support for a healthy lifestyle that make your life count.
• FC will customize according to each individual need with a database shared with:
• Health consultant or your own personal doctor.
• Restauranters/ Participating food operators.
  
• It has a built-in intuitive nature that quickly identifies which foods you will like, which recipes you might love to cook and its strong emphasis on community will put you in touch with other like-minded health enthusiasts.
• FC keep track your exercise, managing weight and networking with others.

Complete your SWOT Analysis

What is your strategy?

• External marketing message of FC is that Food Calorie tracking is enjoyable and easier to commit to using social and mobile tech.
• The message of “Make your life count" is illustrated with images and language that furthers this idea.
• Internal positioning goal for the CF staff is to develop tool to guide customers achieve social results as they are pursuing their fitness health goals. This also influences staff to stay healthy.
• Measurable results from this strategy are based on users feedback & referrals brought in,
  customer loyalty/attrition rate, and the attendance rates of web-users.
• Pricing/ Promotion strategy - introductory.

BUS 523 Strategic Management Project Presentation

Below is the Project Presentation slides of BUS 523 Strategic Management- prepared by Cherri Chiang and me.

CALMAT - BUS 523 Strategic Management Group Presentation

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BUS 523 Week 7 Assignment 5

Assignment 5
Chapter 7 ideas - Strategy Implementation

After reading this chapter - it trigger me to take the lead and initiative to implement the following 5 areas of improvement to build a High-Performance team which will take care and integrate below mentioned Functional strategies:

• Operations Strategy
• Research and Development Strategy
• Information Systems Strategy
• Human Resource Strategy

BUS 523 Week 3 & 5 Assignment 3 & 4

Assignment 3 & 4
Chapter 3, 4,5 & 6 ideas - Organizational Resources and Competitive Advantage/ Strategic Direction/ Business level Strategies/ Corporate Strategies

Another case study that will help to further elaborate the main points and ideas.




The Caterpillar brand represents the corporate entity, founded in 1925.
Caterpillar manufactures more than 500 products to serve construction, mining, forestry and power generation applications (broad product and business diversification)
More than 170 manufacturing facilities and thousands of suppliers around the world and distributes products in more than 190 countries.

Caterpillar's vision is a world in which all people’s basic requirements – such as shelter, clean water, sanitation and reliable power – are fulfilled in a way that sustains our environment.

Caterpillar's mission is to enable economic growth through infrastructure and energy development, and to provide solutions that protect people and preserve the planet.

Caterpillar's strategy is to provide work environments, products, services and solutions that make efficient use of the world’s natural resources and reduce unnecessary impacts on people, the environment and the economy. This means that Caterpillar leverage resources including technology and innovation to:


Caterpillar Inc's Future Strategy:
Vision 2020 strategy sets the stage for the next phase of the company’s leadership and growth in the global industries it serves.
The strategy includes a vision of the future where:

• Caterpillar is the recognized leader everywhere it does business.
• Caterpillar's products, services and solutions help our customers succeed.
• Caterpillar's distribution system is a competitive advantage.
• Caterpillar's supply chain is world class.
• Caterpillar's business model drives superior results.
• Caterpillar's people are talented and live Our Values in Action.
• Caterpillar work today helps our customers create a more sustainable world.
• Caterpillar's financial performance consistently rewards our stockholders.
  

Goals for the next five years are focused in three areas:

• Delivering superior results: Caterpillar aim to be a great long-term investment with total shareholder return in the top 25% of the S&P 500.
• Developing the best team of people: Employees will have a great, safe and inclusive place to work.
• Becoming the global leader everywhere we do business: Ensure customers will make more money with Caterpillar than with competitors.
  

Caterpillar's Critical Success Factors:
Culture.
Create a culture of sustainable development in all our business units and in all our daily work.

Operations.
Be consistent with our sustainability principles and contribute to enterprise-sustainable development goals.

Business Opportunities.

Identify and pursue business growth opportunities created by sustainable development.

Caterpillar capability/ competitive advantage - The Differentiator

What sets Caterpillar apart?

• 80 years of global product support heritage
• Solution leader
• Superior customer service through 180 Dealers - 1,890 Dealer branch stores; 1,467 Dealer rental outlets
• Enabled by world class parts distribution - Cat Logistics distributes more than 750,000 unique Caterpillar part numbers, with worldwide parts availability of 99.7%
• Caterpillar’s ability to get the right part in the right place at the right time separates us from the competition
• Broad and well establish history of international expansion.

Caterpillar Financial Analysis

A strong financial background and history established will help Caterpillar to continue to growth and maintain as the market leader. Below is the financial analysis outlook of Caterpillar Inc.

Caterpillar Corporate Social Responsibility - Core values:

• Integrity
• Excellence
• Teamwork
• Commitment

The Caterpillar Production System (CPS) is the common Order-to-Delivery process being implemented enterprise-wide to achieve our Safety, Quality and Velocity goals for 2010 and beyond.
The ultimate goal of CPS is the elimination of waste. Waste is any activity that consumes resources, but creates no value for the customer.

Caterpillar Expansion strategies:

Broad range of product categories - over 500 products

In addition to increasing sales of its core products, much of Caterpillar's growth has been through acquisitions - acquired 34 companies since 1951.

BUS 523 Week 1 Assignment 2

Assignment 2
Chapter 1 ideas - The Strategic Management Process

Game time! But wait - let's first ourself few questions to make sure we are ready to play/ get involve in the game.

• What type of game?
• The rules of the game?
• Understanding the process?
• What resources i have?
• What is the external and internal environmental need and analysis?
• How you formulate the strategic direction, implementation and control?
• How to control your stakeholder?

Referring to the Stakeholder Analysis and managing the stakeholder means Managing Up to me.

Therefore, below are my favorite and important points on how to Manage Up as part of the strategic thinking and management.

• Be good at what you do
• Listen - don't just hear the boss
• Under promise and over deliver
• Over communicate - always
• Pick your battles
• Ask for responsibility, don't wait/ expect it to be given to you
• Don't burn your bridges
• You are not competing with your co-worker

Chapter 2 ideas - The External Environment

I have selected below personnel as the case study as he manage utilize the external environment to achieve his status today.

He is Carlos Slim - Mexican telecom tycoon who is also the first man from a developing nation to become the world's richest person.

He is both pride and anger in Mexico, where many see his fantastic wealth in a poverty-afflicted nation.


Sociocultural/ Political/ Economic Forces
This is part of what is wrong with the Mexican political system and the corruption in the circles of power, that allow there to be a few rich people and millions of poor. While Mexico belongs to the Organization for Economic Cooperation and Development, whose 30 members constitute the world's most important market economies, it is also a developing nation. More than 50 million of Mexico's 107 million people live in poverty.

Technological Forces & Monopoly

Slim's empire of retail, telecom, manufacturing and construction companies dominate the Mexican commercial landscape it is often easy for Mexicans to find themselves talking over:

• Slim-operated cell phone at a Slim --> owned shopping center waiting to pay a bill to a Slim --> owned company at a Slim-owned bank.
• If the line is too long, they can catch a quick coffee at a Slim-owned restaurant.
• His Telmex telephone company controls 83 percent of land lines in Mexico and is the leading Internet service provider.

Competitive Forces

Slim is a civil engineer by training, he has bought up troubled or government-owned companies of all types, fixed them up and resold them for huge profits. That kind of thrifty eye for undervalued businesses has served him well, especially after the market downturns in recent years.

Slim’s philosophy:

"Wealth must be seen as a responsibility, not as a privilege. The responsibility is to create more wealth. It's like having an orchard; you have to give away the fruit, but not the trees."

BUS 542 - Business Communication Individual Presentation

I took the opportunity to repeat the 85C case study presentation that was presented on last April '10 as i think this will help me to practise makes perfect my presentation skills.

Below is one of the important and interesting point that we observed.

• On last April '10, we analyze 85C and tried to forecast the no. of stores open by Dec '10. Our conservative prediction is 500 stores worldwide as the global economy is still recovering at the beginning of the year.

• Come Dec '10, we gather all the facts and informations. Below is the answer - 606 stores open as of Nov '10. The increase of the expansion is due to the recovery of the global economic especially in China.

• The increase of the expansion is mainly due to the recovery of the global economic especially in China and Taiwan. It's a good sign and indication!

Taiwan - 478 stores
China - 123 stores (63 in Shanghai)
Australia - 4 stores
United States - 1 store

BUS 542 - Business Communication Group Presentation

Below is the Project Presentation slides of BUS 542 Business Communication - prepared by Joanna and me.

CALMAT - BUS 542 Business Communication Group presentation

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BUS 542 Week 7 & 8 Reading Assignment 4

Chapter 20

Writing as a team

Writing often involves taking chaos of all information and turning the chaos and summarizing into something that makes sense and makes everyone happy.

Things to keep your writing team motivated:

1. Break large projects into manageable sections.
2. Promote group thinking.
3. Risk assessment
4. Set deadlines and alternatives
5. Follow through with team's agreement, don't drop the ball and run.
6. Be flexible, it may take some writers 6 hours to do what you want and others 10.
7. Let them know when they do something that you like, so they know for future projects what works.
8. Let your writers, who know the subject or product well, help you figure things out, their hours and hours of research should be put to good use.
9. Good writers should also be good researchers, ask them to explore some ideas, data analysis or strategies.
10. Let the team work how they work best. Build a diversified team.

Five ways to improve your team's writing skills:

1. Place a value on writing
2. Don't try to fix bad writers
3. Attend your own writing workshops
4. Offer ongoing coaching and training
5. Celebrate success

Chapter 21

Presenting as a team

Teamwork and also team involvement is necessary when presenting as a team. Nothing much different compare to individual presentation except for some few guidelines below:

1. Practise as a team - prepare your material and go through a preliminary presentation together.
2. Introduce yourself and team members
3. Prepare an introduction slide of agenda and presenters' name.
4. Plan clear transitions between speaker segments and supporting data - prepare appendix
5. Double check visual aids capability by performing inspection and also be early to prepare
6. All team members should be available for the Q & A session
7. List down all the notes, additional data and queries.

BUS 542 Week 5 & 6 Reading Assignment 1

Chapter 16

Practising Your Delivery.

5 quick tips of effective presentation :

1. Know the goal
2. Think about the sequence of the main points
3. Jot down one or two key words
4. Be concise
5. Relate supporting facts or data to make and sell your point.

5 Speech presentation Do's:

1. Use physical activity to get the audience's attention - voice, posture and gestures.
2. Present with facts and statistic. - create suspense feeling and also anticipation from audiences.
3. Relate the topic with a simple joke - create a good laughter and warm feeling.
4. Control and in depth understanding of the topic - to gain confidence from audiences on you.
5. Relate a relevant story - Story-telling can be a comfortable and natural way to generate momentum for the rest of the speech.

Chapter 18

Handling Speech Anxiety

Speech anxiety is related to emotional and physical stress. It is a normal feeling for human being.
Below is some of the common symptoms of anxiety:

• "Racing" heart
• Feeling weak, faint, or dizzy
• Tingling or numbness in the hands and fingers
• Sense of terror, of impending doom or death
• Feeling sweaty or having chills
• Chest pains
• Breathing difficulties
• Feeling a loss of control

How To Manage Anxiety:

1. Prepare ahead.
2. Accept the fact that anxiety do exists.
3. Practice breathing and relaxing.
4. Use Visual Aids – PowerPoint, Posters, Objects, Videos
5. Know your topic, audiences, yourself and speech
6. Stay focus on the main point and message
7. Dress to success and gain confident
8. Act as if you are not afraid.

BUS 542 Week 3 & 4 Reading Assignment 2

Chapter 11

Defining Your Purpose

Knowing the Purpose or objective of a certain task, project or deliverable matters alot for the organization.

One of the great example of a essential tools for Project/ Task Planner is the 5-minute Project Planner by 7-Habits for Managers (Franklin Covey) that will help the project team to have a clear "end in mind".

One need to first define the purpose of the project. Think the business reason or supporting factor for doing the project/ task.

One need to define the desired results of the project. You will be creating the key measurement to the success of the project.

One need to also study the priority and the importance of the project to the organization.
Chapter 12

Analyzing Your Audience

To extend the 5-Minute Project Planner tool mentioned in Chapter 11:

One also need to define the key stakeholders/ target audiences. Whether customers, internal or external.

One need to know what is your audience needs and their end in mind. We need to make sure their end in mind or their interest sync up with our primary purpose/ objective.

To add on, we can use the 5-Minute Presentation Planner by 7- Habits for Managers by defining the following questions as a prep for presentation:

• What is teh audience and what are their needs?
• What is the goal of the presentation?
• What are the main supporting points?
• What do I want the audience to do as a result of the presentation?
• How many people?
• What material or equipment available?

BUS 542 Week 1 & 2 Reading Assignment 1

Chapter 1

Strategic Business Communication.

Effective Communication is one of the important factor or key to success for all kind of businesses and work places.

Benefits of effective communications:

• save time
• establish job satisfaction
• prevent confusion & conflict
• organized knowledge library
• understand others and yourself
• raise morale and motivation
• trustworthy
• close-loop feedback communication
• success in business deal

Communication to prevent conflict.

Closed loop feedback Communication

Methods of communications:

1. face-to-face (meeting/ forum),
2. office memo,
3. telephone & cellphone,
4. text messaging,
5. voice messaging,
6. fax,
7. e-mail,
8. brochures,
9. articles,
10. newsletters.

In today's world, a successful company will pay much attention in ensuring the communication systems are up to date and effective. Therefore, data communication is one of the key communication strategy. This include storing the data, extracting the data, sharing the data information & intepreting the data in supply chain linkage that will allow each individual from internal employees to top executive and customers to easily make the informations available precisely.

Chapter 8

Business Letters.

Writing business letters - email, memos or meeting minutes require patience and clear mindset to ensure clarity of the formal communication.

Factors to the quality of writing and editing business letter processes:

• Content - understand your objective and the message convey; main point first sentence
• Organization - know your audiences; straighforward and simple statements; summarize
• Tone & phrasing - positive thoughts; avoid negative statement; emotional banking; grammar error; use word check.
• Correctly spelled names & titles - demographic studies; understanding culture;web check
• Style - simple; bullet form; easier reading; right font & color impact

BUS 523 Week 1 Assignment 1

Assignment 1
Edmond's Personnel Strategic Planning

Vision:
Develop a long-term strategy to manage and control my personnel financial.

Mission:
To have USD$1,000,000 worth of assets/ money by 2016.

SWOT:

• Strength:
• Have a stable job and income.
• Positive track of record in stock market investment.
• No bad credit history.
  
• Weakness:
• Poor accounting background.
• Poor Financial control and tracking.
  
• Opportunity :
• Studying CALMAT MBA
• Investment in stock market, bonds, funds and property (new) - house prices are declining recently, so I should save money and invest in property that may bring 150% to 200% ROI.
• Business venture
• Threat:
• Tax rate is high for a foreigner like me in US.
• Unstable global financial market.

Strategies:

• Develop & implement a monthly and annual budget tool to keep track my financial status.
• Save 25% of my salary for investment and build a monthly emergency fund – 5% of my salary.
• Establish good credit history in USA.
• Venture into business after completion of MBA studies by Dec 2010.
• Market survey, financial studies and up to date article readings as part of the financial environment scanning for opportunity.
• Develop a roadmap or plan to become a US Dollar millionaire by 2016.

Organization Behavior - The Power of Being Positive

Life is getting hectic and busy...love it! And i'm still in progress of doing the CALMAT MBA internship report and assignments.

Found an interesting article regarding one of the organization behaviour or human factor that closely related to one of my earlier posting of "Make the positive difference". and also on the Project Management/ Organization Behavior Final Presentation posting.

Let's take some time to review below thoughts ...

Strategies to Harness the Power of Positive Thinking.

The way to experience happiness, prosperity, success and health is through the doorway of positive thinking.

The power of positive thinking allows you to take control of your thoughts and guide them in the direction you want your life to go.

Below are the Being Positive/ Positive thinking strategies :

1. Smile and be thankful. Each day, some things will go right and some things will go wrong. If you pay more attention to the things that go right and dwell on those things, you’ll experience more happiness.
   * Smile and greet everyone you meet warmly. Smiles are contagious, and you’ll instantly begin to feel a difference inside yourself.
   * Pause throughout the day to think about things that you are grateful for. The more you practice gratitude, the better you’ll feel about life and about yourself.



2. Surround yourself with positive people. Most people who soar to incredible heights of accomplishment in their lives do so because they surround themselves with positive, encouraging people. It’s hard to have a positive outlook when everyone around you is complaining all the time.
   * If you surround yourself with people who routinely seek the good inside of you, you’ll begin to do the same. Spend less time with negative people and more time with those who speak words of support into your life. If you do, you’ll experience greater power, self-confidence and joy.
   
   
3. Think constructively. For positive thinking to truly make a difference in your life, you must replace negative thoughts as they occur. Most important, however, is the need to get whatever benefits you can out of the negative thought before you erase it from your mind.
   * Instead of ignoring your negative thought and hoping it will go away, ask yourself if the critic inside of you is trying to teach you something valuable. Take note of the lesson, and then quickly discard the negative thought. Replace it with a positive perspective on the same situation.
   * Whenever you experience negative thinking, ask yourself: “What else could this mean?” If someone treats you unfairly, it could mean that they don’t like you very much. But it probably means they’re just having a bad day. How can you help? Do you see how this question can change your entire outlook?
4. Use positive affirmations. Often, when faced with a stressful situation, we resort to a pattern of thinking and behaving that has become a habit. How do you create new habits that support your success instead of sabotaging it? Positive affirmations are the key.
   * Write out the things you want in life and the qualities you want to possess. Write these statements in the present tense, and use positive language. Repeat these statements to yourself over and over again. Do this every day, and before long you’ll strongly believe the words of the affirmation you’ve created for yourself.
   * If a habit of thinking is holding you back, what’s stopping you from creating a new habit?

The negative thoughts of the critic inside of you serve a valuable purpose. Things aren’t always rosy, and it’s important to learn from your experiences so that you don’t make the same mistakes. However, you can begin to harness the power of positive thinking today. Apply these simple strategies to move closer to the joy and success you deserve.

Sources from http://beingpositive.net/706/power-positive-thinking/

What's your thought?

I totally agree with it and Being Positive is actually the key element of 'The Seven Habits of Highly Effective People' (briefly explained in one of my old posting too) which is good for any leader or manager to practise it.

Alright.... time to continue back the CALMAT MBA internship report and assignments. ...just wanted to refresh my mind and also seeking for ideas for my homework...

BUS 528/ 520 Project Management/ Organization Behavior - Final Group Project

California University of Management and Technology (CALMAT) MBA

BUS 528 Project Management

BUS 520 Organization Behavior

Final Group Project

Prepared by Pei Jung Chiang (Cherri), Jianqiang Huang (Jenny) and Edmond Low

BUS528/ 520_Project Management_Organization Behavior_Project_presentation_2010_jce_rev_16

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BUS 550 Finance - Final Group Project

California University of Management and Technology (CALMAT) MBA
BUS550 Finance

Final Group Project -
Analyze the exchange rate risk of India Rupee and the risk vis-à-vis the U.S.

Prepared by Daywen Li, Stephanie Yuan and me

BUS 550 -_finance_final_project_group_1_rev_5

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BUS 552 Financial Accounting Final Assessment

California University of Management and Technology (CALMAT) MBA

BUS552 Financial Accounting

Presentation Topic - Financial Statement Analysis using ROE Model.

Also uploaded at youtube:

http://www.youtube.com/watch?v=FOSrHCIjc_Y

BUS 528 Week 10 Assignment A-2

Assignment A-2
Chapter 11 ideas- Communication

Those days, sending smoke signal used to be the form of communication for native.

These days, communication is so critical as it is one of the top reason of project failure. We do not want to send our project to smoke for sure.

Therefore, effective communication is the vital tool for project managers. Project managers need to ensure two way close loop communication and ensure the message is clear and direct to the audience. They also need to listen to the team and engage with the stakeholders.

Project checklist is essential tool to define the objective, responsibility, task assignment and the status of the task or activity. It provides better control for the project manager.


Meeting is an important forum to engage the team together. Meeting schedule and meeting minutes are critical to pull the team together and to ensure the team member deliver according to the action item as per discussion during the meeting.

Defining the meeting outcome & stakeholders is important before calling for a meeting. This can help to avoid wasting team member's time and resources.

Project Manager are suppose to prepare the Meeting agenda that will serve as a guideline to achieve the meeting objective and on time meeting schedule.

Recording or documenting the project process, procedure, design and others changes are critical to keep information accurate and up to date. We do not want to waste time & resources in using out dated information. Translate to waste of $. Therefore, pay attention on documentation and change management.
Another valuable form of communication is Project monitoring system or Dashboard. It will help to provide the health of the project and picture tells it all. Stakeholders can refer to the Dashboard and react to it. This reporting can help to improve performance and also the project deliverable.

The following communication tool is important - Issue Tracker. It will be great if the project manager can emphasize the power of this tool to track the issues and lesson learn. This knowledge library will help to record the issues or problems encounter. Team member will respond to this tool on the action taken and also to share the solution.


Again, i would like to stress the importance of Closed-loop Communication that serves as a control system with an active feedback loop. This method is highly recommended to all project manager.

BUS 528 Week 10 Assignment A-1

Assignment A-1

Chapter 10 ideas- Building a High Performance Project Team

Synergy - is the only word that i can describe about this Chapter that will help to cultivate a high competent & performance team.

What is Synergy?

- defined as two or more agents working together to produce a result not obtainable by any of the agents independently.

For example:

Adam alone is too short to reach an apple on a tree and Bob is too short as well. But if Bob sits on the shoulders of Adam or vice versa, they will be tall enough to reach the apple. Therefore, their synergy (teamwork) enable them to pluck the apple.

Another example:

If you assign Mick to draw a house by providing him a pen and a paper. Below may likely be the result.

House drawing by Mick with a pen and paper

If you assign Mick to draw a ' dream house'. This time :

• you provide him not only a piece of paper and pen, but also colouring tools, ruler, eraser and etc.
• You also send Mick to Autocad Training.
• You create a team of expert (teammates) to help Mick by providing idea of adding swimming pool, draw in 3D, big houses with windows, staircases, big garden etc.
• At the same time, the team will support and guide Mick from behind by motivating and encouraging him.
• Below drawing may likely be the results of the synergy.

House drawn by Mick with provision of tools/ resources/ team support

Performance Synergy is the effective use of material and human resources to make great things happen to meet the mission, vision, goals and values of the team and organization.

It require everything and everyone to be in “sync” - The right people, the right corporate culture/ idea and the right skill set/ framework as illustrated below.

Some interesting fact about synergy - by Lao Tzu. He was one of the greatest philosopher of China, or of the world.
He emphasizes the teaching of Synergy that incorporate with the human and nature elements.

One of his teaching example:
4 continuous steps of Life-Business Synergy:

1. Discover your higher self, mission and passion
2. Define your vision and goals
3. Design your wheel of life or business model or framework.
4. Make a difference, do what you love and satisfy doing, keep going and learning.

BUS 520 Week 7 Reflection: Strengthen Others 2

Scenario 2: Now think of a time when you felt powerless, weak, and insignificant as a result of something a leader said or did. What specifically did he or she do?

Tough one... Most of the time, i will feel uncomfortable with bad leadership personnel or leader with bad personality. Lost respect to these type of personnel that does not have the courtesy of greeting 'hello' or offerring a 'smile' when passing by or meet up or fail to say 'thank you,' or other little things that mean so much.
A leader that behave rudely and aggressively yelling at people also demotivate and weaken the sub-ordinates and setting bad examples.
A leader that practices double standard putting themselves first then secondly only the sub-ordinates.
And usually, these bad leaders are easily forgetten as they are not something that i will remember for life. There's more role models of leader with positive attitudes that i can learn from than these bad leaders.

BUS 520 Week 7 Reflection: Strengthen Others 1

Scenario 1: Think of a time when, as a direct result of something a leader said or did, you felt personally powerful and capable. Write down the actions the leader took that contributed to your feeling powerful, strong, capable, and effective - the master of your own experience. Be as specific as you can.

....Once upon a time, during my high school time - like others youngster, we are kind of playful and have no direction and academic might not be very important.
Until one fine day, my school principal Mr. Phua Seng Tiong who is also my class English Literature teacher initiate a phrase/ motto for all the students/ teachers that create a great impact in my life till today -

" Make the positive difference"

I may not be a high achiever but i certainly make the positive difference out of my life for each decision i made. Staying positive helps to strengthen my personality and also my mindset.

I'm able to eliminate as much negative effect (laziness, indecisize, uncertainty) as possible and stay focus on positive things.

A positive attitude will reflect to other people and make them see things in a better and brighter ways.

I also want to make a positive difference in as many lives as I can and anyway I can. It is as simple as a smile and the smile is meaningful to people. And when people have great time and feel good with the smile, they will eventually smile back to you and be there for you.

This is what drive me in accomplishing goals after goals, I will continue to strive and make the positive difference.

BUS 528 Week 8 Assignment A-3

Assignment A-3
Chapter 9 ideas- Balancing the Project.

Balancing a project means comparison of efficiency vs productivity.

(Input) Efficiency vs Productivity (Output)

Amount of effort vs How much / how often

Learning how to manage both efficiency and productivity, and the difference between them, will help to define the success of your project.

Efficiency
Projects rely upon efficiency models to calculate areas in which costs can be reduce and improve production/ resources/ skills. Efficiency is only a guide, however, and needs to be considered alongside another system of calculating processes.

Productivity
Productivity also calculates how resources are controlled and converted into useful end product or results, but in this model allow concentration of the details of the quality. It will provide an analysis of the relationships between input and output. Productivity will calculate how resources are used in direct relation to the purpose of the company.
In summary, balancing between efficiency and productivity allow us to re-evaluate the project for effective deliverable. You will be able to balance the cost, schedule and quality of the product or end result.

Balancing also requires thought, strategy, innovation and honesty.

BUS 528 Week 8 Assignment A-2

Assignment A-2
Chapter 8 ideas- The Dynamics of Accurate Estimating

When estimating, it is important that our estimation be as accurate as possible. However, no matter how well we can make the estimate, there is always some uncertainty.
There's alot of method thought to improve estimating technique.

One of the biggest factor to improve estimation accuracy is 'Time' (see below chart). Time (experience) helps to buy a more detailed and accurate estimation.

Time allows you to gather more data/ informations. Using data and lessons learned from previous projects is certainly a good place to start. Therefore, Analogy or Paramedtric (re-use) method is beneficial to consider the similarities between a previous projects and the new project being estimated. This provides opportunity to study the feasibility of reusing existing set up from a similar

project.

This form of re-use makes cost estimation & project time line estimation much easier and precision in accuracy.

Gathering more data/ informations for better accuracy of estimation not only required time as stated above. The following human factor is very important to bring the whole team to provide a near to perfect estimation of accuracy in a project that is 'Communication'.

Communication is the most effective tool, key to the success of the project and to delivering on all aspects of a project with the common end goals of hitting the bull eyes precise accuracy of estimation.