BUS 475 Arkansas State University Wk 1 Netflix Contingency Plans Presentation - Business Finance
This a two part assignment. First Part: A project plan is based on research and organizational goals. ( worksheet attached)Use the provided template to create a project plan that outlines the operational steps needed to meet each project objective determined in Wk 3 – Apply: Project Metrics. Use the textbook and other available resources to fill in the appropriate content. Summarize the justification for your project plan. Second part: Project plans outline the intended course of events; however, things don’t always happen as intended. Organizations need to consider risks and develop a contingency plan. This plan is typically presented to management. Add the following 2 columns to the project plan table you created in Wk 4 – Apply: Project Plan: Potential Risk Factors Contingency Plans Based on your prior research, determine potential risk factors for not meeting each of the project objectives. Develop a contingency plan for each of the potential risks. Add the potential risks and contingency plan to your Wk 4 – Apply: Project Plan. Use Microsoft PowerPoint® , Prezi® , or another software to create a 12- to 14-slide executive presentation—with appropriate images and diagrams—that summarizes the following information: The organization’s information presented in Wk 1 SWOT analysis and market trend research Project objectives How success will be measuredThe value this project will bring to the organizationProject metrics Timelines Responsible parties Potential risk factors Contingency plans Include detailed speaker notes within the presentation. Convert the speaker notes to a Microsoft Word document and add it to the citations slide.
bus475_v10_wk1_advancedorganizer__2_.docx
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BUS/475v10
Project Title:
Project Objectives:
•
•
•
Grow and develop domestically/ globally
Boost streaming service
Improve customer base by using creativity
Operational Step
Responsible Person
Timeline
Example
Project Title: Desert Taco Opportunity
Description: Based on initial feedback from customer surveys, online discussion/social media groups,
and SWOT analyses, you’ve determined that there is an opportunity to increase your organization’s
customer base through the introduction of desert tacos in your food truck menu.
Project Objectives:
•
Identify the top 3 potential customer groups for this opportunity and describe their characteristics
and preferences
Operational Step
Responsible Person
Timeline
Review the organization’s customer
database to determine potential customer
groups
Leo (Market Research
Manager)
9/30 (1 week)
Identify the top 3 groups to target based
upon volume, brand loyalty, and location
Betty (Director of Marketing)
10/7 (2 weeks)
Survey customers regarding food
preferences and potential menu items
Tom (Customer Service
Representative)
10/21 (4 weeks)
Share customer feedback with inventory
and operational teams
Betty/Tom
10/28 (5 weeks)
Determine the top 5 locations and times to complete a pilot study with your test market.
Copyright 2019 by University of Phoenix. All rights reserved.
Project Plan
BUS/475 v10
Page 2 of 2
Operational Step
Responsible Person
Timeline
Review sales data to determine peak sales
opportunities by location
Jim (Director of Sales)
9/30 (1 week)
Identify the top 5 locations in which to
conduct the desert taco pilot
Jim
10/7 (2 weeks)
Create marketing collateral and social
media communications to promote the
desert taco pilot
Oliver (Media Relations
Manager)
10/21 (4 weeks)
Provide expected volume and product
information for the inventory team
Jim
10/7 (2 weeks)
Estimate the required inventory and supply chain needs necessary to support the desert taco pilot
Operational Step
Responsible Person
Timeline
Based on expected customer volume,
locations, and times, determine the product
inventory required to support the pilot.
Louise (Controller)
10/14 (3 weeks)
Source supply companies and obtain
product pricing quotes and delivery
timelines.
Louise
10/21 (4 weeks)
Determine shipment and storage needs to
support the pilot.
Louise and Ben (Operations
Manager)
10/21 (4 weeks)
Purchase product for the pilot and arrange
transportation to support the desert taco
pilot at the various locations.
Louise
10/28 (5 weeks)
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