Geben Robotics

.xlsx

School

University of Texas *

*We aren’t endorsed by this school

Course

5304

Subject

Management

Date

Apr 3, 2024

Type

xlsx

Pages

5

Uploaded by MasterGalaxyQuetzal12

Issues for Discussion Entering new markets Adding new prdoucts and features Costs and Pricing Materials and Labor Warranty Remy strategic moves Build rapport: Establish a good relationship with the team leaders by finding Share research and data: Present well-researched data to support recomme Focus on common goals: Align the discussion around the shared objectives o Address concerns: Be prepared to address concerns or objections raised by Collaborative problem-solving: Encourage a collaborative atmosphere wher Prioritize proposals: Present the most important or impactful proposals first Acknowledge expertise: Recognize the unique skills and knowledge each tea Manage conflicts: If conflicts arise, address them professionally and respectf Encourage open communication: Foster an environment where team leader Summarize and confirm agreements: At the end of the negotiations, summa Remy positions
Remy Interests
Geben Robotics Geben is considering developing its own operating system using the latest in artificial intelligence (AI) techn Geben is a 15 person venture-backed company with current annual revenue of $2.7 million. Assess the feasibility and costs of incorporating AI technology in Geben's robots. Continuously analyze market trends and demands to identify new business opportunities and product deve Work with the engineering team to develop an extension arm for robots, making them suitable for custome Explore the possibility of modifying Geben's systems for retail applications, such as voice activation and 3-D Collaborate with other team leaders to ensure that Geben's strategic vision and new product offerings align Research and identify potential strategic partnerships or acquisitions that could complement Geben's existi Investigate the possibility of offering flexible pricing or customized solutions to attract a broader range of cl Analyze the impact of Geben's warranty policy on sales and profits to determine if adjustments are needed Consider attending industry conferences, trade shows, and networking events to gain insights into emergin Invest in marketing efforts that highlight Geben's unique selling points, such as the 3-year warranty, USA-ba Explore opportunities for government or private grants and funding for research and development of innov g common ground, engaging in active listening, and demonstrating empathy for their concerns and ideas. endations, emphasizing the potential benefits and opportunities in new markets and product features. of growing the company, staying competitive, and meeting customer needs. Highlight how proposed strate team leaders. Provide alternative solutions or compromises where necessary, and demonstrate flexibility in re all team leaders feel comfortable contributing their ideas and expertise. Frame the negotiation as a joint e t, making sure to allocate enough time for thorough discussion and consideration. am leader brings to the table, and solicit their input and feedback on the proposed strategies. tfully. Focus on finding common ground and resolving disagreements through compromise or alternative sol rs feel comfortable sharing their thoughts, concerns, and ideas openly and honestly. This will help ensure th arize the key points and agreements reached. Ensure that all team leaders are on the same page and have a You currently have a 3-year warranty on your robots, 2 years more than other service robots Focus on creating new markets for service robots by adding to the current product line.
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