The purpose of this assignment is to equip you with the needed skills to communi
The purpose of this assignment is to equip you with the needed skills to communicate the implementation plan driving the recommendations concisely, creatively and creatively effectively to the industry partner or client. This will enable you to identify the requirements of the client and design and justify the implementation plan, along with the contingency measures. Further, this group assignment develops a community of practice to increase the legitimacy within the groups, enhancing engagement and learning from ‘lived’ experiences as required by the entrepreneurial and consultation journey.
Overview
Your presentation should:
– Briefly outline the final recommendations of your group to address the client’s problem. Please note that recommendations need to be specific and action-oriented. Any changes to the recommendations made in the recommendation report submitted earlier are acceptable.
– Include a well-justified implementation plan covering the main recommendation/s. To this end, assume that the industry partner aims to execute your recommendations with immediate effect and prepare an implementation plan (i.e., implementation activities with a timeline and the person responsible for actions/activities) for this purpose.
– Include the schedules of human, physical, and financial resource requirements needed to drive the implementation plan. Assumptions and sources of information to make required resource estimations need to be presented in appendices of the presentation.
– Highlight the key risks (i.e., what could possibly go wrong) associated with your proposed implementation plan.
Briefly outline contingency measures and strategies to manage and mitigate the impact of each identified risk.
Your team should endeavour to impress the client and focus on clarity of expression, well-articulated logic and holding the audience’s interest. Note the following:
Any detailed schedules/information (e.g., cost estimation schedules, P&L accounts) to support your implementation plan can be included in an appendix of your slide deck, appropriately. Alternatively, you can include appendices in an MS Word file, but please make sure you submit them along with the main slide deck
Presentation media, format and length:
This presentation can be developed using any presentation-making platform that you are comfortable with, e.g. PowerPoint, Adobe Express, or Canva.
The use of graphics, tables and figures together with explanatory text and clear synthesises of your ideas are highly encouraged and recommended.
You are free to organise the content creatively and succinctly within the presentation.
The emphasis should be on clarity of expression, holding the audience’s interest, and well-articulated logic.
The duration of the presentation will be a maximum of 15 minutes.
Tables, figures, diagrams, and images you include in the presentation need to be clearly named and numbered (e.g., Table 1 – Comparison of marketing campaigns by competitors of ABC company; Figure 3 – Causes and effects of low sales growth at ABC company) and cited properly if they include sourced information [e.g., Source: Australian Bureau of Statistics (2015)].
Any detailed schedules/information (e.g., cost estimation schedules, P&L accounts) to support your implementation plan can be included in an appendix of your slide deck, appropriately. Alternatively, you can include appendices in an MS Word file, but please make sure you submit them along with the main slide de
Research
Underpinning all your work is extensive research drawing on relevant sources. This includes but is not limited to industry reports; academic publications (textbooks, articles, working papers); government reports; news regalia and authoritative websites. You must cite, reference and support your claims using the APA referencing style.
Firstly – the presentation is looking at the recommendations that your team has come up with, not the whole company!
So what does that mean? You do not have to produce financials for the whole company for 5 years!
When we talk about financials in A2b, what that means is we need to quantify the cost / potential benefit of the recommendations you are presenting to the client. This needs to be done for each recommendation.
In other words – How much will the recommendation cost the client to implement it? And if applicable, what is the financial benefit?
What do I need to do?
Step 1 – you need to quantify the cost of each recommendation. As I said above, how much will it cost for the client to implement your recommendation.
You need to back up your figures with research (like you did in the previous capstone unit). It is a good idea to have an appendix in the back of your presentation breaking down your costs.
Step 2 – you need to quantify the benefit of each recommendation – ONLY if it is applicable to your recommendation. Not all recommendations may have a financial benefit, but probably the majority 100% will!
If there is no financial benefit of your recommendation, then you need to make sure you tell the client what’s the benefit of your recommendation! Otherwise why would the client proceed?
Again, back up your figures with research!
How do I present this information (financial resource) for each recommendation?
Have a look at the collab, specifically slide 18.
This is a snip it from the collab (in blue from slide 18), I have expanded on it to provide further detail:
Minimum detail to outline in the presentation:
• Start up financing (if required) – what does your recommendation cost to get it off the ground? Up and running?
• Cashflow projections up to 5 years (e.g. chart(s)) – This is a great visual to show cash in v cash out. When costing up your recommendation based on your implementation plan, you should be able to align costs with the stages of your implementation plan – i.e. your costs are split up into different time periods.
• Profit and loss up to 5 years (e.g. chart(s)) – P&L would ONLY be different to your cash flow if you want to take it a step further and consider accrual accounting – i.e. is there accounts payable/receivable into your costing/benefit of your recommendation. Also maybe if your recommendation is purchasing large assets / acquiring debt (this would be excluded from P&L, but included in cash flow).
• Return on investment Formula = (net income of the recommendation/cost of the recommendation) x 100. This should be fairly simple to complete 🙂 But obviously, if your recommendation has no financial benefit, then ROI would be negative and maybe not the most helpful metric as our benefit is qualitative. This is a really quick easy figure for the client to see how worthwhile your recommendation is.
• Break-even analysis Again, this is only applicable if there is a financial benefit to your recommendation. Basically look at the timeline in which the recommendation starts to make $$$.
The above says cash flow and P&L up to 5 years – so if your recommendation only has a time frame of 6 months, then I would expect to see your financial resources only for that period. If your recommendation went up to 10 years, then you only need to look at financial resources for up to 5 years.
In summary – all you need to do is cost up your recommendation and look at the financial benefit (if applicable) and present that financial information in different formats as outlined above.
Keep in mind, financial resources are only completed for your recommendation, not for the company as a whole! And you need to look at financial resources for each recommendation you present.
Please find the document you need to base the presentation on attached
