Business Plan For Harvard Business School Essay - 2408 Words

Henry Tam enthusiastically joined the MGI team, he thought of himself to be a valuable asset. After attending the first few meetings, Henry realized how unorganized and dysfunctional the team was. Some of the issues at MGI were lack of cohesiveness, leadership, communication, and an ethnic superiority complex. The team is not working well with each other and struggling with personality conflicts’. I will provide an in-depth analysis and recommend actions the MGI team can take to remedy some of the issues they are experiencing Case Synopsis Harvard business school has launched the HBS Business Plan Contest for its sixth year. Henry Tam a second year MBA student at Harvard was looking for a business opportunity to join the contest and came across MGI’s ad. Henry’s initial meeting was with Igor T, a Russian musician who founded the company. In this initial meeting Henry learned about the founding members and the product. As the team continued to meet, the group got larger totaling seven interns and company cofounders. The team members came together to create a business plan that would be presented to a group of experts and venture capitalist. Winners and runner-ups would have the opportunity to win over $60,000.00 in prizes. The intent behind the contest is to provide students with real experiences and perhaps real business opportunities. The MGI team consisted of the following member’s: The co-founders of MGI: (1) Igor Tkachenko, (2) Roman Yakub, and (3) AlexanderShow MoreRelatedName Your Price: Compensation Negotiation at Whole Health946 Words   |  4 PagesNegotiation at Whole Health This case study is about a student Monroe davies who is in his second year at Harvard Business school and Jim Hummer who is the CEO of a company named Whole Health Management. Jim has met Monroe before and knows that Monore is interested in entering the whole health management. Jim has asked Monroe to design a compensation package for himself as Director Business Operations because Jim wanted to assess how Monroe reacts when faced by unexpected challenges. Jim has sentRead MoreWhat Did You Learn From The Harvard Managementor Writing Skills Tutorial? Essay1319 Words   |  6 Pagesotherwise stated, and that all sources used in the preparation of this assignment have been properly cited.† Submitted on: Part 1: Business writing 1. What did you learn from the Harvard ManageMentor Writing Skills tutorial? (1) Besides the basics of an effective writing, the Harvard ManageMentor Writing Skills tutorial gave me practical steps on how to plan the task, how to develop its components and how to edit for content and style. In fact, it taught me how essential a deep understandingRead MoreThe Case Develops Around Newell s Ceo Dan Ferguson1099 Words   |  5 PagesCalphalon company and the Rubbermaid company. Ferguson feels these acquisitions will assist the company in reaching its goal of a market capitalization of $10 billion, which will allow Newell to control a higher price per earnings multiple. â€Å"The company’s plan is to gain access to the capital markets by aggressively adding new products by acquisition†(Montgomery, 2005). The key to this approach was a two part strategy, the acquisition process and guaranteeing company continuity throughout the division toRead MoreHenry Tam and Mgi Team Process996 Words   |  4 PagesInternational (Hereafter referred to as â€Å"MGI†) team comprised of seven (7) members as stated - The group is extremely diverse comprising of the following, Henry Tam and Dana Soiman were final semester students at Harvard Business School (Hereafter ref erred to as â€Å"HBS†) working on the business plan not just for the competition, and as a professional challenge as soon. For the founders, Sasha Gimpelson was known for his unconventional ideas. Igor Tkachenko, an accomplished musician and Roman Yakub, a composerRead MoreHeather H. Evans1073 Words   |  5 PagesHeather H. Evans (H.E.) graduated from Harvard Business School in June, 1983. She showed considerable interest in the fashion industry, having some background in this area. She was a fashion model from 1975 through 1979 and, in the summer of 1982, she worked for Jackie Hayman, Inc., as an assistant to the President of this young firm that manufactured designer clothing. An additional valuable asset was that she worked as a financial analyst for Morgan Stanley Co, Inc. from 1979 through 1981 dealingRead MoreThe Benefits Of Open Online Course1065 Words   |  5 Pagesused transparent engagement among students, professors, and teaching assistants (TAs). Since its emergence in 2012, MOOCs have become popular in widely researched development in distance education. As part of the Harvard Graduate School of business administration, the Harvard Business School (HBS) library would like to support MOOC in the library. Providing resources will be a fantastic addition, as well as helping students who look to learn a variety of subjects similar their traditional students inRead MoreEssay Citibank Performance Evaluation1479 Words   |  6 PagesFinancial District office at Citibank; locate in the Los Angeles area. â€Å"Citibank is a niche player and pride themselves on building a profitable franchise by providing relationship banking combined with a high level of service to its customer† (Harvard Business School. 1997, pg. 1). Mr. McGaran is an exceptional manager and his performance exceeds expectations with the exception of customer satisfaction. Mr. McGaran scored â€Å"below par† on customer satisfaction. It a must Mr. McGaran take correction actionsRead MoreA New Jersey Based Clothing Retailer Essay1217 Words   |  5 Pagesand threats, the TT executives are faced with the ultimate question: Should TT’s production remain in Bangladesh or move to another market? There are several courses of action TT can take in moving forward from the disaster while meeting its business goals and timelines. The first option is to keep production in Bangladesh. This option provides several pros: Keeping their efficient production in Bangladesh is fiscally attractive to TT due to duty-free access to the European Union, cheaper transportationRead MoreThe Vision of Starting a Family-Run Business Essay594 Words   |  3 PagesThe Family’s future vision should always be in mind when establishing and running a business. It is important that each member be involved in this process. This process should include making strategic business plans for the future that reflect God’s teachings, and where the family wants the business in a given time frame. Utilizing democratic capitalist frame of mind, families believe in hard work. This model is often ideal for small businesses starting up. Those individuals in the family that areRead MoreFuther5361 Words   |  22 PagesSchool of Policy, Planning and Development University of Southern California PPD 515: Strategic Management of Healthcare Organizations Intensive Semester |Session I: June 5 through 8, 2008 |Time: 8:30 AM to 4:30 PM | |Session II: June 23 and 24, 2008 | | |Session III: July 14 and 15, 2008