of financial and operational management.
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Order Description
Integrating End-of-Seminar Project
Reading (Required):
None
This final seminar week you will prepare an End-of-Seminar Project.
The EOSP provides an opportunity for you to demonstrate integration of your knowledge of financial and operational management.
You will each develop a plan that integrates effective financial and operational decision making to successfully meet a managerial challenge and improve the performance of your enterprise.
The faculty hopes that the application to your own enterprise will be both motivating and ideally, of practical value to you at work. Previous students in other MBA courses have reported that their EOSPs have been approved for actual implementation at work.
Instructions
Individual Assignment (End-of-Seminar Project)
Each student is to
• Identify an important managerial challenge facing his or her work or other organization.
• Develop a plan that integrates effective financial and operational decision making to successfully meet this challenge and improve organizational performance, in a succinct report that includes an executive summary.
More Information:
What is a succinct report? Could it be 8 pages or more? One reads that IBM decision papers are limited to that length, and we all recall the single-sheet Ringo Sho approach to important decisions at Toyota.
As to overall plan format, I-B-C (https://polaris.umuc.edu/~jstewart/StewartWebSite/writingt.htm) is, recommended for your consideration. The 1-B link above text is below (Tips for Effective Business Writing)
Tips for Effective Business Writing
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Here are some basic suggestions that I hope will increase the effectiveness of your writing in business and other management environments
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• First, decide the purpose of your writing. It is usually either to inform or to convince (persuade)
• You should almost always follow the time-tested “formula” of Introduction, Body, Conclusion
• Use the Introduction to clearly state your purpose or position, and to give a “roadmap” (outline) to the rest of your paper
• In the Body, give your pieces of information or arguments one by one, setting them off from one another with meaning-filled (think use of verbs) section headings if this helps comprehension – and such headings almost always do
• Provide some concrete (specific) examples to support your arguments
• It is usually better to develop a few good examples – explaining them as necessary – than simply to list some large number of examples only by name
• Summarize what you’ve said in the Conclusion, avoiding putting new material there which should have gone into the Body
• In the Conclusion, leave your reader with something to remember, perhaps a “lesson learned”, a “takeaway” or a concrete recommendation for action
• If you use an Executive Summary, remember to place it at the beginning of the paper and to include all key results in it
• Don’t forget to spell- and grammar-check! (Not only your computer software, but also a friend or spouse’s review should be helpful here)
Click here to get assistance from Purdue University’s On-Line Writing Lab
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A results-filled executive summary (ES) should lead off the plan. This link is to “How to Write an Executive Summary” in Course Resources. You may also benefit from a review of the files in Course Resources specific to Writing Guidelines and the files showing proper APA citations.
Your individual paper must be posted in your assignment folder by the due date. Remember that there are NO EXTENSIONS of this final due date.