Shared Flashcard Set

Details

Waleli
By, Paul Kirwan etc
25
Business
Undergraduate 4
03/24/2009

Additional Business Flashcards

 


 

Cards

Term
Waleli: Bringing Wireless Oppertunities to life
Definition

Backgroud

setting the stage

Case Description

Current Challenges

Term
Background
Definition

History of the organization

type of buisness

Product service

Management Structure

Finincial Status

Strategic planning

Organazational culture

Term
History of the organization
Definition
High tech company utalizes the lates proven technological developments in wireless communication to bring innovations to the market.Hamminga the founer, "Why cant a moble phone be used to answer a doorbell?"
Term
Type of buisness
Definition

Hamminga sees great protential for wiresless communication and capitalizes the first product "GZM doorbell."  Great for health care

He wants to bridge ther gap

Live wire buis award

Term
Products/services provided
Definition

wireless meet the needs in a simple way

Switch 21

Basiqphone

Term
Management Structure
Definition

Hierarchal

Hans Joosten MKT

Shareholders external (final devcision is Hamminga)

External network of firms[image][image]

Term
Financial status
Definition
Challenge is to create cash cows and recurring revenues instead of hourly based project revenues
Term
Strategic planning
Definition
Leaders outline their intentions to develop their organizational structure, intentional activities, and M2M Markets.
Term
Organizational Culture
Definition

Hip and trendy image

"People arte greatest assett"

Human relations probs

Entrapreneral attitudeprfessionalizeing products like, registration, bookeeping, puplic relations and human relations.

Processes need to be in place B4 grwoth absorbs all the costs

Term
Setting the stage
Definition

Problem setting

Objective

Term
Problem setting
Definition

Faced with traditional problemsgathering resources knowledge etc.

CUz resources that have to be gathered are someetimes internationally disperses and they must also prepare both domestic and international sales channels

Term
objective
Definition

Overcome lack of resources through effective networking activities.

Get necessary resources to establish and grow the firm.

Term
Case descriptions
Definition

Small beginnings

The search for external financing

The tide turns

The new start

Broadning the scope in search of opertunities

Term

Small Beginnings

Definition

five point strategy

three scenarios

Temporary entraprenuership position

networking organization

Brand

Invements

initiated contacts

prototype/Buis plan

 

Term
The search for external financing
Definition

external financing

four financers "Carried away by enthuisisam)

front page newspaper

Term
The tide turns
Definition

 5 things before giving up

Chose Walleli because it takes longer to do it ourselves.

Term
The New Start
Definition

Waleli-ization

rented out extra office space

Won Live Wire young buisness award

returned investments including bonus

expand to wireless communications

Term
broadning in the scope in search of oppertunities
Definition

M2M opertunity

lease cleaning machines per hour

short term cash flow "innovative force"

"21 switch" 2004basiqphone

MMS-witness

Term
Current challenges
Definition

Organizational challenge

International Challenge

Market challenge

Term
Organizational Challenges
Definition

Buisness funnel creates opertunities for the firm but creates a chlallenge for management

Developed buisness model

creating reaccuring revenues to meet growth potential

Project assessment model 

Term
Project assessment model
Definition

Runners- paying client behind them 70%

applicants-might become runner 25%

receptionests- might go live 5%

mummies-remaining projects 0%

Term
Internationalized challenge
Definition

going international with 21 switch product

to swidish market

Lawerence Masle invest time in company

Tickets rather than offices

Term
Market challenge
Definition

have a strong presence in the consumer products market ad the industrial applications for the M2M market

 

Currenly market is restrained because lack of resources

If it doesnt work look who else can use it.

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