Monday, May 25, 2009
SAMPLE PROJECT
Jung Hong Table Tennis School Business Plan
A Report on Business Plan
Assignment
By
Jing Jung Hong
Lim Yeow Heng
29 January 2007
(Word Count – 3,017)
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CONTENT PAGE
TABLE OF CONTENTS
1.0 Introduction…………………………………………………………... 1
1.1 Background………………………………………………………… 1
1.2 Products/Services………………………………………………… 2
1.3 Mission…………………………………………………………….. 4
2.0 Current Business Environment…………………………………… 4
2.1 SWOT……………………………………………………………… 5
2.2 PEST……………………………………………………………….. 6
3.0 Proposed Business Plan…………………………………………… 8
3.1 Production………………………………………………………….. 8
3.2 Operation…………………………………………………………… 9
3.3 Marketing…………………………………………………………… 11
3.4 Organization………………………………………………………... 13
3.5 Financial…………………………………………………………….. 14
4.0 Conclusion ……………………………………………………………. 14
Reference……………………………………………………………………… 16
Appendices
Appendix One – Sports Participation in Singapore 2001 and 2005…….. 17
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INTRODUCTION
1.0 Introduction
1.1 Background
Jun Hong Table Tennis School (JHTTS) is founded by Jing Jun Hong, former China and Singapore table tennis player. Jun Hong was once ranked as high as top ten in the World and in the Sydney Olympic 2000, she beat the than World number 1, Deng Ya Ping en-route to the semifinal and finally emerged in 4th place. Her ambition is to set up a table tennis school to develop table tennis champions for the future and also the enthusiasts, ensuring enjoyable playing experiences for all. This business plan will serve as the framework for bringing the School to the market. All development costs to date have been born by Jing Jun Hong and his partner, Lim Yeow Heng. At this point Jun Hong owns 60% of JHTTS, together with her business partner Jun Hong intents to invest further in this expansion plan of setting up more Schools in the regions in the near future. At this point, the school can offer no assurances of the marketability of its services, or that sufficient capital can be raise to execute its business plan.
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BODY
2.0 Current Business Environment
Singapore has had some success in sports excellence over the years. The Sports Excellence (SPEX) programme has put us in a good position to develop high performance sporting achievements. With the growing importance of sports science, physique and the need for a large population base of talent do not matter as much as before. The Nation ambition to attain excellence in sports has therefore become more realistic propositions. Coupled with the unrivaled sense of national pride that is felt when Singaporeans win in international competitions, the pursuit of excellence in sports is a worthwhile endeavour.
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CONCLUSION
4.0 Conclusion
JHTTS will capitalise on Jing Jun Hong’s popularity in building and capitalising its strengths well in the industry, but recognising the fact that its strategies and decisions are regulated by the government and the public interest. Given the technological and regulatory changes in the environment, there exist many opportunities which JHTTS could exploit to differentiate itself and increase its market attractiveness amidst a sea of new channels, products and possibilities. This report has provided several strategic options for consideration and has made sound recommendations to face the challenges ahead. As long as JHTTS abides by its Charter and the legislation, she must continue to stay distinct and appealing through quality programming, produce innovative ideas and takes advantage of the way new media like the Internet and the television could work together to increase JHTTS profile.
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REFRENCES
References
Business Plan and Marketing Strategy website, http://www.businessballs.com/
Kotler, Philip (1991) Marketing Management, Analysis, Planning, Implementation, and Control 7th edn, Prentice-Hall International
Malcom McDoanld, Adrian Payne (2006) Marketing Plans for Service Business, Elsevier Butterworth Heinemann
National Sports Participation Survey 2001 (Nov 2001, Research Paper 45/01), Management Services Division (Research) Singapore Sports Council
National Sports Participation Survey 2005 (Aug 2005, Research Paper 65/01), Management Services Division (Research) Singapore Sports Council
Team Singapore content and information © 2003 Singapore Sports Council.
Report of the Committee on Sporting Singapore, 1st July 2001
Singapore Sports Council website, http://www.ssc.gov.sg/
Saturday, October 4, 2008
PROJECT
Word count: 2,00 to 2,500
1a. Why is Strategic Marketing Plan important to the organiser and Sports Managers?
b. What is the 5 steps of the Strategic Marketing Plan? Explain with examples.
2a. List the 4 Ps in Marketing and explain briefly how it can be used to market your sport product/services.
b. Explain briefly what is 'Print-Media' and 'Outdoor Media'. Why is 'Print-Media' commonly used in the modern technology and digital age?
3a. Sport Consumers are important to the Sports Industry. Who are they and why are they important?
b. What is a 'Black Box Theory' and why is it important to Sports Marketers?
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PROJECT GUIDE
1. Covering Page
2. Content Page
3. Introduction
4. Body
5. Conclusion
6. References
Monday, September 22, 2008
Slides WK 2
What is Politics
Conflict Management
Negotiation Process
Sport and Environment
Taking Sport Business Global
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Slide 2
What is Politics?
The efforts of groups or individuals with competing interests to obtain power and positions of leadership
Political Behaviour
- Networking
- Reciprocity
- Coalition
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Slide 3
Networking
- Developing relationships in order to gain social or business advantage
Reciprocity
- Involves using mutual dependence of accomplish objectives
Coalition
- An alliance of people with similar objectives who together have a better chance of achieving their objectives
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Slide 4
Conflict Management
- Avoiding
- Accommodating
- Forcing
- Negotiating
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Slide 5
Negotaiation Process
Plan
Research the other party (ies)
Set objectives
Try to develop options and tradeoffs
Anticipate questions and objectives and prepare answers
Negotiation
- Develop rapport and focus on obstacles, not person
- Let the others make the first offer
- Listen and ask questions to focus on meeting the others party’s needs
- Don’t be too quick to give in and ask for something in return
Postponement
- You postpone and the other party may create urgency
- Other party postpones and you may create urgency
Agreement
- Close the deal
Non-Agreegment
- Find out why for future
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Slide 6
Sport Organization (Internal Environment)
Internal environment includes factors within its boundaries that affect its performance.
- Mission
- Structure
- Resources
- ManagementSystems Process
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Slide 7
What is External Environment
The factors that affect an organization’s performance from outside its boundaries
- Competition
- Suppliers
- Workforce
- Shareholders
- Society
- Technology
- Econo-my
- Governments
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Slide 8
Global Sourcing
- Use of worldwide resources for inputs and transformationI
- mporting and Exporting
- Licensing
- Contracting
- Joint Venture
- Created when firms share ownership (partnership) of a new enterprise
- Direct InvestmentOccurs when a company builds or purchases operating facilities in a foreign country
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Slide 9
Global Sourcing
- Use of worldwide resources for inputs and transformation
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Slide 10
Importing firms
- buy products from foreign firms and sell them at home
Exporting firms
- sell their products to foreign buyers
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Slide 11
Licensing
- Under a licensing agreement, one company allows another to use its intellectual assets, such as brand, trademark, technology, patents, or copyrights.
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Slide 12
Joint Venture
- Created when firms share ownership (partnership) of a new enterprise
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Slide 13
Direct Investment
- Occurs when a company builds or purchases operating facilities in a foreign country
Monday, September 15, 2008
Sports Marketing Slides WK 1
Slide 1
MASTER OF SCIENCE (MSc) SPORT MANAGEMENT, UK ‘07
ADV DIPLOMA IN SPORTS AND LEISURE MANAGEMENT, NZ ‘05
ITTF – ATTU TOURNAMENT DIRECTOR CERTIFICATE ‘03
INTERNATIONAL OLYMPIC COMMITTEE (IOC) - SPORTS ADMINISTRATION CERTIFICATE ‘99
ITTF INTERNATIONAL TABLE TENNIS UMPIRE ’96
SAF ADVANCED PHYSICAL TRAINING INSTRUCTOR ’92
rogerho.pti@pacific.net.sg
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Slide 2
What is SPORT?
“Sport means all forms of physical activity which through casual or organised participation, aims at improving physical fitness and mental well-being, forming social relationships or obtaining results in competition at all levels.”
European Sports Charter (1992)
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Slide 3
What is SPORT?
Be play-like in nature;Involve some element of competition;Be based on physical prowess;Involve elements of skills, strategy and chance and;Have an uncertain outcome.
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Slide 4
What is MARKETING?
“Marketing is the planning, implementing and controlling of carefully formulated programs designed to bring about voluntary exchanges of values with great target markets for the purpose of achieving organisational objectives. It also relies heavily on designing the organisation’s offering in terms of the target markets’ needs and desires and on using effective pricing, communication and distribution to inform, motivate and service the markets.”
MSc, UK
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Slide 5
What is MARKETING?
“Marketing is the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods and services to create exchanges that satisfy the received needs, wants and objectives of the customers and the organisation.”
Adv Dip, NZ
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Slide 6
What is MARTKETING?
“Marketing is the management process responsible for identifying, anticipating and satisfying customer requirements profitably.”
Institute Of Marketing, UK
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Slide 7
What is MARKETING?
“Marketing is the whole business seen from the point of view of its final result, that is, from the customers’ point of view.”
Peter Drucker, UK
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Slide 8
What is MARKETING Mix?
Product - Price - Place - Promotion - Publicity and Public Relations
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Slide 9
What is SPORT MARKETING?
The application of marketing to the promotion of particular sports, specific sport events, and specific venues
The very different business of using sport as a marketing tool to create and communicate brand values and associations that companies can use to market their own products and services
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Slide 10
Sports in a Changing Society
Sport has become an important social phenomenon in our societies
Expanding variety of sports and ways to practice sports in many countries
The growing use of sports as a marketing instrument, the increasing interest of tourists in sport activities
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Slide 11
What are the Major Changes?
Demographic Trends
Population, Age
Participation Trends
Type of sportsInformalPrivate
Organizational Trends
Government role is sportsSport is businessCompetitive and leisure
Socioeconomic Trends
More leisure time, Lifestyle, More money
Organistaion Movement
Organizational Network
Sport Governance, Sport Clubs Programmes, School Sports Programmes, Community-Based Youth Sport, International Activities, Grass Roots Level
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Slide 12
Sport Participation
Trends - Problems in Youth Sports
Problems of equity, Problems of ethical conduct, Problems with leadership
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Slide 13
Promotional Campaigns
Involvement of Females, Sport Competitions, Fitness and Health-Related Activities, Physical Education & Sport Development, Sport CampsCorporate Involvement
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