Capsim Reflection

We evaluated our company’s position in the industry, and found ourselves in an excellent starting position to further develop our products and match them to the industry’s needs. Our market share is adequate and we can advance further with our strategy improve and reposition our products in the coming years. We have underutilized capacity, which we intend to improve, while increasing automation to reduce costs. We have plans to improve our promotion to improve product awareness and with the appropriate product lines we will increase price to improve margins and better align our high-end product image. Our current financial position is optimistic, showing our leverage (Assets/Equity) at 2.0, when our goal is to maintain 1.5-2.0 overall. By utilizing the analysis tools we are learning what elements are driving demand, how to effectively tailor our products through R&D, how best to adjust our marketing and pricing, while lowering input costs, in order to improve margins and to ensure our stakeholders are all satisfied.

The initial strategy was to maintain a competitive presence in each segment by keeping our prices aligned with the average for each target market, while maintaining costs low. Specifically, it was our goal to become the leader in Traditional and low-end segments of the sensor business by allocating significant resources to R&D, marketing and promotions for these products. Our differentiator would be the result of a high investment in R&D to ensure our products were the best available.

Due to the break-up of the sensor production monopoly, Andrews has decided to take this opportunity to differentiate the company from its competitors by focusing our resources and expertise towards two market segments while still maintaining some presence in the three remaining segments. By focusing on just two categories we ensure that our resources are not spread too thin, while at the same time, ensuring that we are taking advantage of profits in all markets and not wasting the equipment and resources that we have to produce all products. We have chosen to focus most of our research and development, marketing, and production efforts on our High End and Performance segments, the products Adam and Aft respectively. With our primary focus

The team’s unique reasoning behind the choice of strategy that we executed throughout the simulation played a significant role and set the tone toward the effort and attitude that each team member maintained during the process. The strategy of the broad differentiator was the teams choice, because we thought that it would be the most difficult to accomplish, would take the most time, and provide us all with a well rounded learning experience because we would be able to learn how to be successful in both the low and high tech segment with our products instead of just one of the segments. With our previous knowledge about running a business we all were in agreement that if we could sacrifice and work harder to participate in both segments it would lead to some great competitive advantages. As mentioned by Lui, (2013), “the only competitive global business strategies would be based on differentiation by unique specialization in terms of quality, product, service technology, or cost leadership” (p.2824). The great execution of the strategy by our team enabled us to find success and gain different competitive advantages with each of our sensors, in turn accomplishing our goal of meeting the needs and expectations of both the low and high tech segment.

After identifying the product(s) with the high sales, we will expand the capacity of that product(s). For the second round, we will analyze and adjust the automation levels to improve margins.

The Andrews management team has opted to pursue the strategy of differentiator with a product life cycle focus. This strategy involves the creation of products with excellent design in terms of size and performance (on the perceptual map), and MTBF. Significant investment in awareness and accessibility, and development of proficiency in the research and development sector is also central to this business strategy. In order to compensate for these high initial investments, our product prices will be relatively high; however it is believed that our customers will be drawn to our product due to high awareness and due to the superior quality of our sensors. Our released products will need to be manipulated according to the changes in expectations of the marketplace by producing smaller and faster products, according to the expected ideal size and performance of the sensors in future years. In addition, our company must invest in other important activities such as; total quality management (TQM), marketing, and human resources (HR) in order to

My plan and dissemination and implementation for my capstone project is to educate the nurses on the importance of teaching parents about the proper use of skin-to-skin contact. I plan on implementing this project by providing the nurses with the latest evidence based practice so that they can help implement this in their education in the NICU unit at Mount Sinai. Nurses are viewed as reliable source by the patient therefore it is important for us to implement good quality teaching. When I present this project to the unit I will make the following recommendations: to examine and reinforce the education among nurses in the unit and to encourage parents to attend a two hour hands on training course before discharge on skin-to-skin contact.

The long range plan will be for the teams to continue through the stages of group development. The Storming stage will be the next stage the team will work through. They will have to work through some disagreements and/or conflicts about their roles, power, and structure; and build consensus by revisiting the purpose of the team (Gordon, 2013). The Forming and Storming stages of group development are two of the cornerstones, People and Task, of effective collaboration (Conzemius and O’Neill, 2002). The team will continue to the Norming stage where they demonstrate an improved ability to create interdisciplinary instruction, solve problems, and conflicts that arise in the process. The team will have to make decisions on how they will go about making connections between disciplines. The leaders at this stage become less directive and more leaders

Throughout my entire University of Minnesota Rochester career, I knew the time would come for me to prepare my capstone and deliver it to a room full of people. It only began to set in when we I was sitting in my section of capstone proposal writing class last spring that this was actually happening. Now that I am sitting here writing the essay to my final report, I am overwhelmed that I am just days and weeks away from graduating. This is a bittersweet end to such an incredible time throughout my experience here and specifically during the preparation of my capstone. Through these experiences, I have learned to traverse the uncomfortable and come out the other side a better student and a more prepared applicant for the future of forensics

In two pages or less, what is your assessment of  your team 's performance in Phase One of Capsim?  Strengths, weaknesses, decision making process, planning process and so on?

In my career field, and with many others if not all, a multitude of problems arise on a daily basis. These problems can range from extremely simple to overly complicated. It is when I have complicated and/or high visibility assignments to complete, that understanding different team roles and how they interact will be beneficial to me. Understanding how to put a team together for these complicated tasks will make a great difference in the ultimate outcome. I need a team that will unite but also challenge each other in order to get the best possible solution.

As a team, we will be mutually accountable for the work produced; the members are interdependent of each other. We will build upon each other’s strengths and weakness to collectively complete the assignment. It was decided that certain tasks would be shared while other tasks would be divided into individual responsibilities. These individual tasks within a collective section would be rotated amongst the group members, sharing the roles. Frequent meetings to discuss, plan, problem solve, and make decisions were deemed to be essential to the team aspect of the project. Sharing not only direct information amongst team members, but also ideas, skills, and thoughts is critical to the communication of the

I believe what added to our success as a team would be the immense correspondence we had in the first place, particularly as we were getting everything selected swiftly and efficiently. We selected our subject successfully without any concerns initially and everybody was optimistic. Once the research began a few us ascertained problems attaining data on our specific subjects, so this was deliberated on the wiki and resolved that if the ones having problems needed to alter their specific subtopic to the recommended new subtopics, that everybody was satisfied with. Despite the fact that the posts on the board became quieter as the assignment went ahead, less correspondence was required while we were all buckling down on our themes. As we drew closer the conclusion of our Prezi we got approached the finalisation of our Prezi we needed to determine who was to do what work in the following period of our task. I did find that correspondence was slower than it had been to start with, then again, I am fairly positive it was not because

My capstone project has been on a journey that has been moving forward, but there are many more road blocks ahead before its completion. This has been an intensive and active learning project that has consumed my thoughts daily. My concern is that I may not have thoroughly presented my thoughts on paper in an organized, concise, logical and clear matter. My problem statement, I believe is too broad and needs to be narrow down to one focus. A narrow focused problem statement should not change what I have already submitted because my project has always been on focusing on cultural diversity. I am still waiting on the return of the papers I submitted for my capstone presentation and practicum. My plan is to make my presentation this week

My personal experience with the Capstone course taught me a lot of different subjects and how to use different tools from the computer. I didn't knew a “capstone class” actually existed and to know what one had to do seemed scary at first since my work experience was not that advanced. It was because of Research Techniques and the teachers help on teaching me how to make the capstone paper and capstone presentation. Because of my late transition from Puerto Rico after hurricane Maria to Hartford Connecticut, US I don't pass through 3rd grade and internship. With the little time I had before transitioning to the Capstone, I had to finish the Methods of Teaching assignments and there had different topics about