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UTSC Consulting Competition January 19 th , 2011 Session 1
Transcript
Page 1: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

UTSC Consulting

Competition

January 19th, 2011Session 1

Page 2: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

Welcome

“In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected to recognize a good idea unless it is presented to them by a good salesman.

- David M. Ogilvy

Page 3: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

Sessions

Opening Ceremonies Initial Pitch Final

Presentation

Page 4: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

Opening Ceremonies January 19th, 2011 Debrief of the Competition Presentation from Professional

Consultants Distribution of packages Team brainstorming session

Page 5: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

Initial Pitch January 26th, 2011 (5PM – 7PM) Brief presentation of potential ideas Up to 5 minutes in length You will only present on future plans You will be scored by a panel of judges Top 6 teams will go on to Session 3

Page 6: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

Final Presentation February 2nd, 2011 (5PM – 7PM) Presentation of final analysis Presentations are to be 10-15 minutes

in length You will do a complete analysis of

current and future decisions Awards Ceremony

Page 7: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

Benefits of UCCSkills Development

Set

• Analytical skills• Creativity skills• Time

management skills

• Communication skills

• Teamwork skills

Personal Aptitude Development

• Consulting knowledge

• Networking• Decision making• Assertiveness• Resumé builder

Page 8: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

Recessions

“In the business world, the rear-view mirror is always clearer than the windshield.”

- Warren Buffett

Page 9: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

The Issue In September 2009, the president and chief executive officer (CEO)

of Rona Inc. was reviewing the company’s progress in relation to the ongoing economic recession. Rona was the largest retailer of hardlines in Canada. Rona had noticed definitive signs of slowdown in the third quarter of 2007 and had launched Strategic Plan 2008 – 2011 as a response. The two-phase program was nearing the completion of its first phase of Productivity, Efficiency and Profitability (PEP) and was gearing up for the 24 month-long Recovery Program. The Strategic Plan had been tweaked since its launch, all with a view towards strengthening the core platform. The objective of the Recovery Plan was to restore focus on growth vectors from which the company had become distracted. On the eve of commencement of the Recovery Plan, the CEO began to wonder if Rona was ready to act on increasing sales, recruiting independents, constructing new stores and pursuing acquisitions. Or was it necessary to redesign and relaunch the PEP program, thus deferring the Recovery Plan?

Page 10: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

The Issue There are 3 Options you can take (page 11)

› Hold on to PEP Program› Re-design and re-launch PEP Program› Launch Recovery Program

Choose which you believe RONA Inc. should pursue and present on how it should proceed once it has chosen it› Do not need justification for choice (this only

applies for Session 2)

Page 11: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

Guest Speakers Cici Liu

› Business Analyst (Corporate Strategy)

Sean Zhang› Business Analyst (Supply Chain)

Page 12: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

Contact Information

Amiyo Hydari – Student Experience Director

[email protected]

Page 13: “In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected.

Questions


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