Your Team Charter and Plan is located in the Course Documents module in the Introduction and Resources module. Please download it and work as a team, and complete it fully before submitting it here by the end of Week 1. Most teams create the team rules and the team charter in the same meeting or series of meetings. Either way, your entire team must approve your Team Charter and Plan.

Now, take time to review the final deliverable in Week 8 for this course. After you spend the next few weeks in the simulation, your team will create a plan and a presentation. Look in the Course Documents module and review the BUSN460 Capstone Report Presentation document as well as the CoBM_BUSN460_Assessment Rubric. You can also see the peer review form that you will be submitting in Week 8 there as well. Use these documents to create your Project Plan for your team in this course.

Remember to submit your completed Team Charter and Plan.

 

      I.        Team Information

 

 

    II.        Team -Review the material of our course to help you select a business strategy.Look in the course documents module and review the busn460 capstone report-presentation document and the cobm_BUSN460_assessment rubric. You can also see the peer review form that you will be submitting in week 8 there as well.

The six Porter’s Generic Strategies (Porter, 1985) are as follows.

1. Broad differentiation
2. Broad cost leader
3. Niche cost leader
4. Niche differentiation
5. Cost leader with product life cycle focus
6. Differentiation strategy with product life cycle focus

 

Name and describe your Strategy. What is the rationale for this choice?

 

Each company starts with five products in five very different market segments. The five market segments are as follows.Low-end, Traditional, High-end. Size, and Performance. Which market segment is your initial priority and why?

Team Management Plan
This section defines how the team will allocate assignments and talents. Students may have more than one role on the team.

 

 

 

 

 

 

a)     Skills Inventory: Identify each team member’spersonal, professional, and academicstrengths and weaknesses in the table.

 

 

 

 

 

 

   III.        PROJECT MANAGEMENT PLAN

 

a)     Meeting and Communication Plan: How often will you meet, and by what methods? How will you communicate between meetings and distribute agenda items, follow-up items, or other required communication?

 

b)    Documents and Change Management: How will documents be shared and stored using the team tools in Canvas?

 

c)     Task Management: Create a Gantt Chart that will show all the tasks required, what week they will occur and who is assigned.  Add tasks as required. Feel free to create a separate more detailed project plan as an attachment.

 

 

 

 

 

IV. CONFLICT MANAGEMENT PLAN
Describe how your team will manage conflict.

 

 

 

  IV.        TEAM RULES AND ETHICS

Create a list of rules to help you collaborate as a team, including expectations about meetings, communication, course work, conflict resolution, and so on, based on other elements of this charter.

 

Include a statement of ethical commitment each team member will adhere to which should address such items as making a good contribution to the team, good practices in following academic integrity, open, clear, and honest communication. Be sure to address how your team will ensure it follows ethical principles in decision making.

 

What are some Ethical business practices your team may incorporate in your plan?

 

 

   V.        CRITICAL SUCCESS FACTORS FOR YOUR BUSINESS PLAN
Refer back to your team project product or service description. Identify critical success factors for your product or service idea. For example, are you depending on outside suppliers, retail traffic, technology, or advertising success? What steps can you take to achieve these factors?

 

 

 

 

  VI.        Commitment

Each team member is to write an individual commitment statement. If onsite, each team member will sign his or her commitment statement.

 

 

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Status NEW Posted 04 Mar 2019 12:03 AM My Price 5.00

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