1. Come up with an innovative idea 2. Define one Customer Persona for this hypothesis (you can use the Customer Persona template) 3. Describe what you think the Opportunity is i.e., what Job-to-be-done that is currently important and not satisfied 4. Describe what could be an appealing Value Proposition for this opportunity i.e., how your Value Proposition helps in solving their Jobs-to-be-done addressing the pains/gains of the persona (you can use the Value Proposition canvas template) 5. Explain what could be an MVP you could develop to test whether your value proposition would be appealing to your target audience 6. Elaborate on how you could test the demand for your MVP
Q: Management Science tool for Manufcturing companies: provide advanges, disvantages, and danger of…
A: To guarantee compliance with laws and reduce their negative effects on the environment and human…
Q: /How can organizations effectively manage and prioritize high-volume recruitment needs?
A: For organizations of all sizes, managing and prioritizing high-volume recruitment requirements is a…
Q: Overview In this assignment, you will apply what you learned by watching the assigned videos from…
A: Problems Here are 3 problems that I can think of: Problem with a product: My phone is constantly…
Q: Design a demand plan which Pepsi Co Jamaica can implement to be more competitive to align with…
A: Since you have posted a question with multiple sub parts, we will provide the solution only to the…
Q: How can managers foster innovation and creativity within their organizations, employing techniques…
A: Fostering innovation and creativity within organizations is vital for staying ahead in today's…
Q: Review academic literature on the impact of managerial ownership on firm value.
A: In the academic literature, there has been a great deal of interest and research into the effect of…
Q: It is imperative to furnish a concise elucidation of the prerequisites for training and…
A: Note: The answer has been provided in a generalized manner. Training and certification play a vital…
Q: What role does organizational culture play in facilitating or hindering successful change…
A: Organizational culture refers to the shared values, beliefs, attitudes, and behaviors that shape the…
Q: In the context of managing complex real-time systems, what would be regarded as the foremost crucial…
A: Complex real-time system management is a difficult undertaking that calls for meticulous planning,…
Q: How does effective delegation of authority contribute to organizational efficiency and productivity?
A: The concepts of productivity and organizational efficiency are interrelated. Efficiency focuses on…
Q: For instance, after the company's recruiters interview graduating seniors on college campuses and…
A: Apart from relying solely on SAT scores, Alix should consider various other variables that can…
Q: How can an organization effectively align its long-term goals with its day-to-day operations?
A: Aligning long-term goals with day-to-day operations is a critical challenge for organizations. It…
Q: Please respond to all parts of the question below, each with its own section: A. Identify and…
A: The function of government regulation in tackling a range of societal and economic issues is…
Q: When taking an agile approach, how are requirements completed? The releases are defined up front and…
A: The method for completing requirements takes on a distinct and dynamic form in agile software…
Q: Situation Steel Co is a large steel manufacturing company established several decades ago.…
A: Note: The answer has been provided in a generalized manner. SteelCo, a large steel manufacturing…
Q: 1- “Corporate social responsibility is a waste of shareholders’ money and is just another way the…
A: A company's discretionary efforts to address social, environmental, and ethical issues in its…
Q: Enron The Smartest Guys In the Room - Describe a moment or scene in the documentary that you found…
A: "The solution has been provided in a generalized Manner." "Enron: The Smartest Guys in the Room" is…
Q: lList at least 5 business articulation for the non tradional students and create a swot analysis for…
A: Nontraditional students are those who don't match the stereotype of a college student, usually…
Q: why some companies fail and others success in their strategic
A: In the dynamic and competitive business landscape, some companies thrive while others falter. The…
Q: present a brief plan for applying ChemSTEER into manufacturing organization. Be sure to include an…
A: A potent software programme called ChemSTEER (Chemical Safety and Threat Evaluation, Elimination,…
Q: Which of the following is a likely source of basis risk? All of these None of these Crude oil is…
A: The chance that the hedging tool being used to manage a particular exposure will not exactly…
Q: How can organizations effectively assess and evaluate the skills, qualifications, and cultural fit…
A: Effectively assessing and evaluating the skills, qualifications, and cultural fit of candidates…
Q: How can an organization handle conflicts when team members have different goals and priorities?
A: Organizational behavior provides valuable insights and tools for managers and leaders to effectively…
Q: Professionalism in the Workplace: As the manager of a large organization, you have notice that some…
A: To convey information of immediate importance to individuals inside a company or organization, a…
Q: Choose a topic in this link related topic about Opportunities Offered in Cooperative (Part Two…
A: "The solution has been provided in a generalized manner." The Sustainable Development Goals (SDGs)…
Q: Explain Strategic processs
A: Strategic process refers to the process of setting up of activities and the steps which are to be…
Q: How can an organization ensure that its long-term planning efforts are in line with changing market…
A: Aligning long-term planning efforts with changing market conditions and customer demands is crucial…
Q: 1. What are some suggestions in order to make the Disaster Preparedness Management and Environmental…
A: There are several suggestions that may help make Disaster Preparedness Management and Environmental…
Q: The safeguard and care of natural capital should be the responsibility of the government and not be…
A: "The solution has been provided in a generalized manner." Natural capital refers to the stock of…
Q: The Lumen Learning resource discusses how email and other web-based forms of communication and…
A: Note: The answer has been framed in a generalized manner. A memo is an abbreviation for…
Q: As a graduate Procurement Principles, in a three paged report, discuss the causes of unethical…
A: Introduction: Purchasing the items and services required for corporate operations is the…
Q: What is some additional information about American Eagle Outfitters’ assets?
A: "The solution has been provided in a generalized Manner." The headquarters of American Eagle…
Q: How does the political environment impact businesses in terms of policies, regulations, and…
A: The collective institutions, practices, and variables that influence a nation's or region's…
Q: Discuss how you would lead a team through change using Tuckman's 5-STEP process (Forming, Storming,…
A: Leading a team through change can be a complex and challenging task. However, Tuckman's 5-STEP…
Q: Discuss the potential impact of technological advancements on organizational change and the future…
A: Organizational change refers to the process of making significant alterations to an organization's…
Q: Which of the following is both a factor of production and a stakeholder? A. owners B. customers…
A: A stakeholder is someone with an interest in an organisation who has the potential to influence or…
Q: How do you define your leadership style, and how does it align with the goals and values of the…
A: Leadership style refers to the approach or way in which a person leads or manages a team or…
Q: How does the resolution of international disputes differ from domestic disputes?
A: Disputes refer to conflicts, disagreements, or arguments that arise between individuals, groups,…
Q: FOR A FINANCIAL INDUSTRY - Define the boundaries of the industry analysis in terms of horizontal…
A: Question Answer 1. Define the boundaries of the industry analysis in terms of horizontal scope…
Q: What are the potential drawbacks or risks of excessive team cohesiveness?
A: Team cohesiveness refers to the degree of unity, collaboration, and mutual trust among team members.…
Q: it must be more focused toward the industry in question
A: The organic food industry has witnessed remarkable growth and transformation in recent years as…
Q: Regarding the realm of commerce, what is your projection for the utilization of the ethical…
A: In today's rapidly evolving business landscape, the importance of ethics in the workplace has gained…
Q: explain How can organizations empower frontline employees who directly interact with customers to…
A: Employee empowerment refers to the process of granting employees the authority, autonomy, and…
Q: Using the information in the case study as well as by conducting additional research, analyse the…
A: The case of Capitec Bank highlights the company's journey through a challenging period and its…
Q: What are the cash needs of American Eagle Outfitters?
A: A well-known American retailer, American Eagle Outfitters focuses on providing young adults with…
Q: What strategies can organizations employ to ensure coordination across geographically dispersed…
A: With globalization and expansion of businesses, a firm could be found to have many branches in…
Q: This does not answer my question
A: The question has been answered in a generalized manner taking into consideration the article above.…
Q: How can organizations effectively align their planning process with their mission, vision, and…
A: In order to ensure strategic alignment, organizations need to effectively align their planning…
Q: Get a paragraph that may put in PowerPoint Make introduction about good governance based on the…
A: Good governance is essential for economic transformation in society, resolving inequalities and…
Q: What role does technology play in supporting and enhancing long-term planning processes?
A: It is sometimes said that technology is the changing and manipulating of the human environment.…
1. Come up with an innovative idea
2. Define one Customer Persona for this hypothesis (you can use the Customer Persona
template)
3. Describe what you think the Opportunity is i.e., what Job-to-be-done that is currently important
and not satisfied
4. Describe what could be an appealing Value Proposition for this opportunity i.e., how
your Value Proposition helps in solving their Jobs-to-be-done addressing the
pains/gains of the persona (you can use the Value Proposition canvas template)
5. Explain what could be an MVP you could develop to test whether your value
proposition would be appealing to your target audience
6. Elaborate on how you could test the demand for your MVP
Step by step
Solved in 3 steps
Use the Value Proposition canvas template to describe what could be an appealing value proposion for this opportunity.
The innovative idead is good but too generalized and short. Can this be expanded and be comprehensive?
- Chris Dykstra, responsible for loss prevention at Electronics took a deep breath before he launched into making his case for the changes that he was proposing to the company's shoplifting policy. He knew that convincing Ross Chenoweth was going to be a hard sell. Ross, the president and CEO was the son of the founder of the local, still-family-owned consumer electronics chain based in Phoenix, Arizona. He'd inherited not only the company, but also, his father's strict moral code. "I think it's time to follow the lead of other stores," Chris began. He pointed out that most Other retailers didn't bother calling the police and pressing charges unless the thief had shoplifted merchandise worth more than $50 to $100. In contrast, Westwind currently had a zero-tolerance policy toward theft that Ross's father had put in place when he started the business. Chris wanted to replace that policy with one that prosecuted only individuals between IS and 65 who had stolen more than $20 worth of goods, and who had a previous history of theft at Westwind. In the case of first-time culprits under IS or over 65, he argued for letting them Off With a strict warning, regardless of the value of their ill-gotten goods. Repeat offenders would be arrested. "Frankly, the local police are getting pretty tired Of having to come to Our stores every time a teenager sticks a CD in his jacket pocket," Chris pointed out. "And besides, we just afford the costs associated with prosecuting everyone." Every time he pressed charges against a shoplifter who'd made Off with a $10 item, Westwind lost money. The company had to engage a lawyer and pay employees Overtime for their court appearances. In addition, Chris was looking at hiring more security guards to keep up with the workload. Westwind was already in a losing battle at the moment with mass retailers who were competing all too successfully on price, so passing on the costs of its zero-tolerance policy to Customers wasn't really an option. " Let's concentrate on catching dishonest employees and those organized-theft rings. They're the ones who are really hurting us," Chris concluded. There was a long pause after Chris finished his carefully prepared speech. Ross thought about his recently deceased father, both an astute businessman and a person for whom honesty was a key guiding principle. If he were sitting here today, he`d no doubt say that theft was theft—that setting a minimum was tantamount to saying that stealing was acceptable, just as long as you steal too much. He looked at Chris. "You know, we've both got teenagers. Is this really a message you want to send out, especially to kids? You know as well as I do that there's nothing they like better than testing limits. It's almost an invitation to see if you can beat the system." But then Ross faltered as he found himself glancing at the latest financial figures on his desk—another in a string of quarterly losses. If West-wind went under, a lot of employees would be looking for another way to make a living. In his heart, he believed in his father's high moral standards, but he had to ask himself: Just how moral could Westwind afford to be? Continue Westwind's zero-tolerance policy toward shoplifting. It's the right thing to do—and it Will pay Off in the end in higher profitability because the chain's reputation for being tough on crime Will reduce overall losses from theft.Chris Dykstra, responsible for loss prevention at Electronics took a deep breath before he launched into making his case for the changes that he was proposing to the company's shoplifting policy. He knew that convincing Ross Chenoweth was going to be a hard sell. Ross, the president and CEO was the son of the founder of the local, still-family-owned consumer electronics chain based in Phoenix, Arizona. He'd inherited not only the company, but also, his father's strict moral code. "I think it's time to follow the lead of other stores," Chris began. He pointed out that most Other retailers didn't bother calling the police and pressing charges unless the thief had shoplifted merchandise worth more than $50 to $100. In contrast, Westwind currently had a zero-tolerance policy toward theft that Ross's father had put in place when he started the business. Chris wanted to replace that policy with one that prosecuted only individuals between IS and 65 who had stolen more than $20 worth of goods, and who had a previous history of theft at Westwind. In the case of first-time culprits under IS or over 65, he argued for letting them Off With a strict warning, regardless of the value of their ill-gotten goods. Repeat offenders would be arrested. "Frankly, the local police are getting pretty tired Of having to come to Our stores every time a teenager sticks a CD in his jacket pocket," Chris pointed out. "And besides, we just afford the costs associated with prosecuting everyone." Every time he pressed charges against a shoplifter who'd made Off with a $10 item, Westwind lost money. The company had to engage a lawyer and pay employees Overtime for their court appearances. In addition, Chris was looking at hiring more security guards to keep up with the workload. Westwind was already in a losing battle at the moment with mass retailers who were competing all too successfully on price, so passing on the costs of its zero-tolerance policy to Customers wasn't really an option. " Let's concentrate on catching dishonest employees and those organized-theft rings. They're the ones who are really hurting us," Chris concluded. There was a long pause after Chris finished his carefully prepared speech. Ross thought about his recently deceased father, both an astute businessman and a person for whom honesty was a key guiding principle. If he were sitting here today, he`d no doubt say that theft was theft—that setting a minimum was tantamount to saying that stealing was acceptable, just as long as you steal too much. He looked at Chris. "You know, we've both got teenagers. Is this really a message you want to send out, especially to kids? You know as well as I do that there's nothing they like better than testing limits. It's almost an invitation to see if you can beat the system." But then Ross faltered as he found himself glancing at the latest financial figures on his desk—another in a string of quarterly losses. If West-wind went under, a lot of employees would be looking for another way to make a living. In his heart, he believed in his father's high moral standards, but he had to ask himself: Just how moral could Westwind afford to be? Adopt Chris Dykstra`s proposed changes, but with a higher limit than the proposed $20 amount (say, $50 or $100), but which is still less than the cost of prosecution. In addition, make sure that the policy isn't publicized. That way, you'll reduce costs even more and still benefit from your reputation for prosecuting all shoplifters.Chris Dykstra, responsible for loss prevention at Electronics took a deep breath before he launched into making his case for the changes that he was proposing to the company's shoplifting policy. He knew that convincing Ross Chenoweth was going to be a hard sell. Ross, the president and CEO was the son of the founder of the local, still-family-owned consumer electronics chain based in Phoenix, Arizona. He'd inherited not only the company, but also, his father's strict moral code. "I think it's time to follow the lead of other stores," Chris began. He pointed out that most Other retailers didn't bother calling the police and pressing charges unless the thief had shoplifted merchandise worth more than $50 to $100. In contrast, Westwind currently had a zero-tolerance policy toward theft that Ross's father had put in place when he started the business. Chris wanted to replace that policy with one that prosecuted only individuals between IS and 65 who had stolen more than $20 worth of goods, and who had a previous history of theft at Westwind. In the case of first-time culprits under IS or over 65, he argued for letting them Off With a strict warning, regardless of the value of their ill-gotten goods. Repeat offenders would be arrested. "Frankly, the local police are getting pretty tired Of having to come to Our stores every time a teenager sticks a CD in his jacket pocket," Chris pointed out. "And besides, we just afford the costs associated with prosecuting everyone." Every time he pressed charges against a shoplifter who'd made Off with a $10 item, Westwind lost money. The company had to engage a lawyer and pay employees Overtime for their court appearances. In addition, Chris was looking at hiring more security guards to keep up with the workload. Westwind was already in a losing battle at the moment with mass retailers who were competing all too successfully on price, so passing on the costs of its zero-tolerance policy to Customers wasn't really an option. "Let's concentrate on catching dishonest employees and those organized-theft rings. They're the ones who are really hurting us," Chris concluded. There was a long pause after Chris finished his carefully prepared speech. Ross thought about his recently deceased father, both an astute businessman and a person for whom honesty was a key guiding principle. If he were sitting here today, he`d no doubt say that theft was theft—that setting a minimum was tantamount to saying that stealing was acceptable, just as long as you steal too much. He looked at Chris. "You know, we've both got teenagers. Is this really a message you want to send out, especially to kids? You know as well as I do that there's nothing they like better than testing limits. It's almost an invitation to see if you can beat the system." But then Ross faltered as he found himself glancing at the latest financial figures on his desk—another in a string of quarterly losses. If West-wind went under, a lot of employees would be looking for another way to make a living. In his heart, he believed in his father's high moral standards, but he had to ask himself: Just how moral could Westwind afford to be? Adopt Chris Dykstra's proposed changes and show more leniency to first-time offenders. It is a more cost effective approach to the problem than the current policy, plus it stays close to your father's Original intent.
- The major issue in the case revolves around McCain's view of her role and its appropriatenessgiven Harrison's strategic goals. You should point out to students that McCain is only indicative of ageneral problem within the company. The company is definitely targeting the middle-class, fashionconscious customer and need sales staff to effectively service the type of customer it wants to attract.To carry out its strategy, Harrison will need selling professionals who can offer personalized customerservice. McCain and other human resource managers are presently operating in a reactive modespending most of their time on maintaining day-to-day human resource operations. For example,McCain has little time for innovation or for developing policies to move the human resource operationforward. She seems to be unaware of the interdependent relationships among the various humanresource functions. Her answer to the recruitment problem seems to be to do more recruiting. Sheneeds to examine how…The major issue in the case revolves around McCain's view of her role and its appropriatenessgiven Harrison's strategic goals. You should point out to students that McCain is only indicative of ageneral problem within the company. The company is definitely targeting the middle-class, fashionconscious customer and need sales staff to effectively service the type of customer it wants to attract.To carry out its strategy, Harrison will need selling professionals who can offer personalized customerservice. McCain and other human resource managers are presently operating in a reactive modespending most of their time on maintaining day-to-day human resource operations. For example,McCain has little time for innovation or for developing policies to move the human resource operationforward. She seems to be unaware of the interdependent relationships among the various humanresource functions. Her answer to the recruitment problem seems to be to do more recruiting. Sheneeds to examine how…The major issue in the case revolves around McCain's view of her role and its appropriatenessgiven Harrison's strategic goals. You should point out to students that McCain is only indicative of ageneral problem within the company. The company is definitely targeting the middle-class, fashionconscious customer and need sales staff to effectively service the type of customer it wants to attract.To carry out its strategy, Harrison will need selling professionals who can offer personalized customerservice. McCain and other human resource managers are presently operating in a reactive modespending most of their time on maintaining day-to-day human resource operations. For example,McCain has little time for innovation or for developing policies to move the human resource operationforward. She seems to be unaware of the interdependent relationships among the various humanresource functions. Her answer to the recruitment problem seems to be to do more recruiting. Sheneeds to examine how…
- The managerial task of developing a strategic vision for a company: Question 20Answer B) entails coming up with a fairly specific answer to 'who are we, what do we do and why are we here?' D) involves deciding upon what strategic course a company should pursue in preparing for the future and why this directional path makes good business sense. C) is chiefly concerned with addressing what a company needs to do to successfully outcompete rivals in the marketplace. A) concerns deciding what approach the company should take to implement and execute its business model.Firm size, industry competition, CEO power and discretion and the level of stress a a CEO's job entails are factors in determining what? Select one: a. How large a board of directors an organization must have b. Whether an organization can function internationally c. A CEO's compensation package d. Employees' level of job satisfaction and overall feeling of internal support of their supervisorsDiscuss, with reasons, whether they fall into the category of applied orbasic research. Scenario 2 Reasons for absenteeism A university professor wanted to analyze in depth the reasons forabsenteeism of employees in organizations. Fortunately, a company within20 miles of the campus employed her as a consultant to study that very issue.
- 1. Identify how each bias can impact a manager when they are performing a performance appraisal. a) How can the bandwagon bias/ effect impact a manager when they are performing a performance appraisal? b) How can the confirmation bias impact a manager when they are performing a performance appraisal? c) How can the outcome bias impact a manager when they are performing a performance appraisal? d) How can the Placebo bias impact a manager when they are performing a performance appraisal?1. This is the beliefs that guide or shape an organization’s attitudes and activities. a.Vision b.Goals c.Mission d.Values 2.This is the general aspiration that an organization wants to achieve. a.Vision b.Goals c.Mission d.Values 3.This is the process that focus on identifying significant external threats and opportunities. a.SWOT Analysis b.Enterprise Risk Management c.Environmental Scanning d.Risk AnalysisIn this task you will evaluate how effectively a Deputy Branch Manager conducts a one- to -one meeting where she gives an employee a spoken verbal warning. Video analysis using scarf modelStaus is about relative importance to others. Does the deputy manage threaten Luciano's status during the meeting? Certainty concerns being able to predict future. Does the geneal manager give Luciano clear and concise information regarding his future in the company. Automony provides a sense of control over events. Does the deputy manager give Luciano a sense of control over the situation? Relatedness is a sense of safety with others. Does the deputy manager create good report with the Lucaino to make him feel part of the team? Fairness is a perception of fair exchnages between people. Does the deputy manager seem to be acting failry with Luciano?