Showing posts with label DG505. Show all posts
Showing posts with label DG505. Show all posts

Saturday, 29 October 2011

Time flies... DG505

Just found out that it has been such a long time since I properly wrote something down. The midterm and assignment deadline, the reporter bootcamp and the Dutch Design Week (DDW) have taken a lot of time. From now on, I will maintain my blog better and will document the activities of the past weeks as well

DG505:
Making a report, while organizing a reporter bootcamp does not really fit together, but thanks to the dedicated committee it became very feasible. After I gave a warm welcome to the bootcampers, I immediately went to the meeting to create the final report. In the weekend I had already prepared my parts of the work, which resulted in a good thing; finishing my work quickly! This way, I could continue my support at the bootcamp sooner than expected. In hindsight, I think the team worked good all together, but sometimes a bit inefficient. I want to thank the guys for the dedication once more.

The final report can be found at: http://www.student.tue.nl/Y/R.Bootsman/Jesse/FinalReportDG505.pdf


My reflection at: http://www.student.tue.nl/Y/R.Bootsman/Jesse/FinalReflectionDG505.pdf


I put the files on the W-drive of Rik, because my computer denied my existence (notebook service centre fixed it in 5 minutes).


Several hours ago I received my first official feedback of this semester! I must say that it is pretty good. my understanding of the models themselves and how they are used is good. Everything which the assigner marked (in competencies and process) is marked as substantially. It is this sentence which makes me proud: 'Has acquired good insight in the use & integration of the models in the context of business decisions'. This is the reason why I signed up for the assignment; getting a more realistic approach on business and the influence of cost. There is (luckily) also something which can be improved; the translation of the plan into the number, still is vague sometimes. Next time, when I use these models and skills I have gained, I will try to make a better overview of the 'cost-translation'.

Wednesday, 5 October 2011

Detailed Business

04-10


The assignments are almost coming to an end. This semester, only DG505 was on my program. Before it started, we needed to finish the presentation today. Actually, Daniel finished it. He was also presenting today. Looking back, we did a good job. Even though we got the feedback of going to the presentation a bit too fast, I do not think this is a problem, as we did this on purpose. We did assume that the people still knew about our products, while this is not something we can just presume. In the business life, people making the decisions get multiple presentation in a day, so assuming they have absorbed all the information which we gave them is impossible. All the information we presented, was accepted as credible, which of course is the goal of these pitch presentations. 

Looking at all the different costs involved in the process of creating and maintaining a business is making me realize why it is so hard to have a business of your own. Making sure the prices are low enough to compete, but high enough to have a wage worth fighting for. Looking at the different processes, how they could be combined to create more value and maybe could be left out, all can have such a big effect on the turn over. I have certainly achieved my goal for this assignment, getting a more 'real' picture of costs and how they influence the decisions which need to be made in the 'life after the education'.