Monday, November 2, 2015

Competition Time!




Read more at http://www.brainyquote.com/quotes/keywords/be_prepared.html#XmIvw2ZKk0C8uK7Q.99

I love finding appropriate quotes for my blog each week, and I believe so much in the above quotes that I had to use them again this year.  As we prepared for our Business Plan Competition this past week, I hope everyone became more aware of the importance of preparedness.  The more time we devoted to our presentation and understanding the talking points, the more prepared we sounded during our practice. 

This week we have one final class period to get ready for Wednesday’s presentation.  See below for our daily objectives:

Tuesday:
Clear Target: We can analyze and critique a business presentation.
Objectives: Analyze and Critique business plan presentation, Discuss VE Trip to Gatlinburg
During class, we should plan to run through the presentation (timed) and questions at least twice.  When finished, I will address any last minute fine tuning (should be minimal) and address any questions you may have with respect to our trip to Gatlinburg (tentative head count, address questions about cost, etc.).

Wednesday:
Clear Target: We can analyze and critique a business presentation.
Objectives: Compose blog entry about business plan presentation competition
While the presentation team and I are out of the building attending our competition, remaining employees will compose a 200+ word blog entry about what they observed from our presentation team during their preparation for the competition.  They will also discuss how they think the team will do and whether we will make it to the State Finals. 

Questions to be addressed include, but are not limited to:
What sections of the presentation were strongest?  Which sections were weakest?
Which presenter(s) do you think will stand out and perform great?
Do you think the team is well prepared?  Why or why not?
Did our presentation appear to be worthy of an appearance in the State Finals?  Why or why not?
Based on the above answers, how do you think our competition team will perform?

When finished, please complete the following tasks for the rest of the week:

Wednesday through Friday:
Clear Target: We can apply concepts to operate a successful business
The following tasks must be completed for the remainder of the week:

Payroll:
Finance department – in the event that we failed to pay anyone last week, please make sure you do so as quickly as possible.  Employees must be paid and receive their wages consistently. 

Track Sales:
Finance and Sales departments – Please check the company email address regularly, produce invoices and send the invoices to the customers.
When the invoice is generated, you must journalize the transaction in the sales journal. When funds are received, you must journalize the transaction in the cash receipts journal.  All transactions must be journalized.
Furthermore, inventory must reflect what has been sold, so when we get low on an item, we must purchase more inventory.  Please don’t forget to do this.
Determine Item(s) of the Week:
Sales and IT Departments should determine what we want to discount.  When finished, please also create a flyer for the item(s) of the week.  Make sure to send this flyer to our customers.

Create Newsletter
HR and Admin Departments: Sections of the newsletter should focus on employee motivation, opening of basketball season, preparation for business plan competition, and one employee spotlight.  Please email all employees and me when finished

Bulletin Board:
All employees: Please display any pertinent information our employees need to know (upcoming events, forms to fill out, etc.)

Update Website:
IT Department: Please make sure our entire product line is loaded for purchase.  Please also work on the shopping cart on the site.  Finally, focus on some design improvements if you think they will make our website better


I look forward to seeing how well we do on Wednesday and seeing the business operating like a well-oiled machine.  See you all tomorrow!

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