Redefining and Managing Projects Plan YT Enterprise Thinking: How to do Business Better, Faster and Cheaper School of Continuing and Professional Studies.

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Presentation transcript:

Redefining and Managing Projects Plan YT Enterprise Thinking: How to do Business Better, Faster and Cheaper School of Continuing and Professional Studies New York University

Background  My father runs his own company in Japan. Corporate Overview Name: Nissho Co., Ltd Year Founded: 1981 Employees: about 100 (Including Part-timer) Revenues (2005): 1 Billion JPY (8.5 Million USD) Business Activities: Sale, Installation and maintenance of Air-conditioning facilities My brother is working for his company from My father wants his children to take over his company’s name.  My Experiences Until Now Sales representative at Fuji Xerox for 1 Year Member of started-up company for 2 Years Service Manager at VeriSign Japan for 2 Years

Management Tools  Redefining  Critical Path Method: CPM  Alliances

Redefining:  S1- Statement of the challenge (SOC) I want to take over my father’s business  S2- ‘Should’ SOC I should be ready to take over my father’s business in 10 years. ‘WWIT’ SOC What would it take to take over my father’s business in 10 years.

Redefining:  S3- Scan for Solutions Acquire the knowledge of  Management  Finance, Accounting and Tax  Human resource  Industry (Current situation, trend, History, Regulation, etc)  Company (Business & Financial condition, History, Employees, Customers, etc) Gain the experience of  Business Management  Project Management  New Business development  Working for other companies  Working for his company

Redefining:  S4- Redefine Solutions Develop New Project (Product/ Service) and complete it at other company. Manage (a) business (es) at other company. Work for my father’s company under my father. Self-development  S5- Run Test Solution (Small Scale) Talk out the idea with my family Receive feedback from acquaintances  S6- Run Test Solution (Large Scale) Go to special school Ask for (management) consultant

Redefining:  S7- Implementation Implement the plan  S8- Post Review Clarify the deficiencies and improve the plan

Critical Path Method: CPM Project Develop New Project Manage Business Work for MF’ Company Self- Development Tasks 1. Enter the company, be assigned a project manager 2. Gain the knowledge and experiences 1. Create and implement ‘New product and service developme nt process’ 2. Manage the project 3. Achieve targets 3. Review and improve MY PLAN 1. Be assigned a business manager (by promoted or switching a company) 2. Gain the knowledge and experiences 1. Create and implement business plan 2. Manage multi projects and their managers 3. Review and improve MY PLAN 1. Join MF’s company 2. Gain the knowledge and experiences under MF 1. How does he manage his company 2. Find next orientation of the company 3. Prepare business plan for the company 3. Review and improve MY PLAN MF=My father 1. Go to school 2. Read books 3. Go to business convention, events 4. Increase business allies Place VeriSign Japan(VeriSign Japan?)MF’s company

Critical Path Method: CPM 2 Years3 Years5 Years Develop New Project Get Job Project Planning Self- Development Secure Resource Budget Control Team Building Risk Management Review Plan Review Plan Manage Business Develop New Project Get Job Join MF’s Company Review Plan Go to School Read Books Go to Events Increase Business Allies Business Alliance Target Objective Business planning Manage Multiple Projects Business Alliance Human Resource Risk Management Allocate Resource Revenue, Profit and Cost Catch up Current Condition Relationship With Employees Business Plan Next Strategy Culture And History Customers And Partners Assets And Facilities I’m ready Go back to Japan Birth 1 st child Birth 2 nd child

Alliances Type of AllianceDetail V Ad Hoc Provided contents to partner companies at VeriSign Japan Consortium (Corporation with other firms to popularize something new) V Project Joint Venture Collaborated with consulting firm to supply the service at started-company Joint Venture (Establish new company to provide new service) Merger (Merge more than two companies to strengthen its competitiveness) Acquisition (Acquire a company which has new technology, customers, experience, etc) V Affiliate Created distribution program at VeriSign Japan Experienced

Next Steps  Continue to gather information to embody the plan  Specify the skills which are expected to acquire for each steps  Review and improve the plans regularly