...Educational Research Business Plan Executive Summary University Patents seeks to transfer technology from research universities to preexisting companies via the licensing of patents. Most universities have an office of technology transfer that is responsible for bringing the research/patents generated by the university to market. Some universities are very effective in this area (i.e., Stanford, U of Wisconsin, MIT), but most lack the work force and network to place most patents. Universities traditionally focus on the patents that will bring in substantial amounts of money, yet only 0.6% of licenses generate in excess of $1,000,000 in annual royalties. University Patents has the ability to not only assist the universities in placing technology but, due to the singular focus of the company, also increase the revenue to the university by increasing the number of licenses written. University Patents will generate income by taking a commission off each successful placement. Most patents generated by university research are not, by themselves, able to sustain a business. They are most valuable to existing companies already in a market that can use new technology to increase a product line or slightly diversify their business into a market in which they have an expertise. The small size of these patents mean that most Venture Capital (VC) firms are not interested in these patents and the universities are reluctant to spend time trying to place them. University Patents will be...
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...EDUCATIONAL PLANNING AT THE INSTITUTIONAL LEVEL The program of institutional planning is both a challenge and an opportunity. It is a challenge because of the several intricacies and complex problems for which practical and realistic solutions will have to be found. It also requires that all persons concerned-the officials of the ministry, the principal, the teachers, the parents and the students should be properly motivated. This is no means an easy task. The program is also an opportunity. It is probably the principal tool which help us improve education in the present situation when financial resources are so scarce and the need is so urgent. Characteristics of an Institutional Plan Institutional plans are not a charter of additional demands. Their primary objective is to make the best utilization of existing resources and, from this point of view, they emphasize human efforts rather than additional money investment. Institutional plans must be broad-based and democratic. They must involve everyone concerned- the principal, teachers, parents and students. A good educational plan must be known to all- the supervisor, the teacher, and whenever necessary, to parents and students; that it must be able to secure their full cooperation and that it must assign specific responsibilities and duties to each teacher and other school officials. Institutional plans must be practical and realistic rather than utopian or over-ambitious. For educational plans, our motto...
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...Educational Institution has to undertake certain projects which will meet the need to achieve the objective of increasing the number of students in the next 3 years. The strategies should be aligned with the project objectives before making a decision on which projects should be selected The selection process will begin with understanding the cost, strategies, objective, value & risks. In order to prioritize the project, we have to follow a structured process and consolidate a plan. We need to look into the following before we start, • Alignment with the strategic & practical plan of the educational Institute • Balance between maintenance projects & Investment projects • Allocation of R&D and right number of resources to complete the projects • Allocation of marketing expenditure & resources • Effective use of the resources in the best interest of the organizational goal • Non-Financial benefits One of the primary factors to consider on selecting the projects is the expected ROI on these projects. But the above needs to be considered too for prioritization. PRIORITIZATION & SELECTION OF CANDIDATE PROJECTS The Objective of the Educational Institution is to increase the number of students in the next three years using marketing & promotional strategies. The Projects are for the Business Development SBU which is focused on achieving the organization objectives by using appropriate strategies. To evaluate candidate projects...
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...other characteristics and establish action plans to attain specific goals. If the Carter Cleaning Company setting up a career planning program the company receives advantages such as improve leadership skills, keeping career on track, dealing with career problems, to help achieve educational targets effectively and also help to evaluate personality. A well-planned career helps to achieve goals. As time passes by, growth and needs change. On my mind, every employee in the company must participate in the career planning program because through this program employees achieve formal education, utilize development opportunities, establish goals, assess interests and skills, values, and responsibility for her/his career. Training and development programs play important role in career planning program too. Program provides different opportunities for learning skills and attitudes related to job. Through the career workshop every employee learning the event in which participant are expected to be actively involved. Career Development Program is lifelong activities which contribute to a person career exploration, establishment, and success. Career Development Programming is delivered through a combination of several processes and methods. I propose a career development program for Carter Cleaning Company which consists of individual development plan, career coaching/counseling plan, training and development program, and career workshop plan; and I hope it will be effective for the company...
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...FUNDAMENTALS CONCEPT OF PLANNING A plan may be classified according to time horizon/duration as follows 1. LONG-TERM OR PERSPECTIVE PLAN- extends from 10 to 20 or even 25 years. Educational planning has to be based on a concept of the future. The planners should envision the kind of society; the kind of political, intellectual and social leadership. 2. MEDIUM-TERM PLAN-usually 4-5years, is prepared against the backdrop of a long-term perspective plan. It has proven operationally to be most efficient. It defines the goals and targets with greater clarity and provides a definite basis of action. 3. SHORT TERM PLAN needs to be adopted only as an inevitable alternative to medium-term planning and on an emergency basis. The introduction of "rolling plan´ has eliminated the need for short term plan. 4. SINGLE-PURPOSE PLAN- is an administrative operation, which is usually adopted when particular objectives like implementing a reform measure, building an institution or piloting legislation is to be achieved. TYPES OF PLANNING ACCORDING TO FUNCTIONS 1. PHYSICAL AND ECONOMIC PLANNING PHYSICAL PLANNING-is the planning of an area's physical structure-land use, communicating, utilities and has its origins in the regulations and control of town development ECONOMIC PLANNING-is concerned more with economic structure of an area and its overall level of propriety. 2. ALLOCATIVE AND INNOVATIVE PLANNING ALLOCATIVE PLANNING-is concern with coordination, the resolution of conflicts...
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...Topic 3 Chapter 5: Planning: The Foundation of Successful Management TOPIC 3 LEARNING OUTCOME TLO 1: To discuss the various types of uncertainties faced by an organization. TLO 2: To discuss the role of planning in handling uncertainties. TLO 3: To discuss the fundamentals of planning. TLO 4: To apply planning skills to set SMART goals and implement Management by Objectives. PLANNING Planning: previously defined as setting goals and deciding how to achieve them Another definition: Planning is coping with uncertainty by formulating future courses of action to achieve specified results. WHY NOT PLAN? Planning requires you to set aside time to do it You may have to make some decisions without a lot of time to plan THE BENEFITS OF PLANNING 1) Planning helps you check on your progress 2) Planning helps you coordinate activities 3) Planning helps you think ahead 4) Above all, planning helps you cope with uncertainty THREE TYPES OF UNCERTAINTY State Uncertainty: when the environment is considered unpredictable. Effect Uncertainty: when the effects of environmental changes are unpredictable. Response Uncertainty: when the consequences of a decision are uncertain. RESPONDING TO UNCERTAINTY Defenders: are experts at producing and selling narrowly defined products and services. Prospectors: focus on developing new markets or services and in seeking out...
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...Wednesday, September 16, 2015 Ms. ________ CFO Office of University Finance, Florida International University, Miami, FL 33199 Subject: IMPLEMENTATION OF BUDGET STABILIZATION PLAN TO REDUCE FIU COSTS This letter is to inform all students, staff, administrators, and faculty members of the measures taken to overcome difficulties with the current budget. Despite to our efforts in reducing FIU financial costs, our revenues decreased by 20% compared to last year. Based on close analysis of our budget situation, we are not receiving enough funds from the state, we are spending more than our budget allows, and our tuition costs are lower than other similar educational institutions. We decided to create a strategy for the fiscal year 2016 to stabilize the budget situation. This strategy encapsulates five plans; the first two will be implemented on the summer 2015 while the remaining three plans will be applied starting January 2016. The strategy context will be as follows: * Increase tuition cost and fees by 6.5% to adjust inflation. * Frozen salaries for both faculty and staff for the next eighteen months. * Reducing spending for the fiscal year 2015 by 12%. * Request financial assistance from nonprofit organizations and the government. * Increase endowment by 10% for the fiscal year 2015 and an additional 15% for the following year. We hope that with these difficult actions our budget can be under control in the next two years while preserving...
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...have compiled it gives an estimated total budget of $2,631,468 which is $118,562 dollars less than the total approved budget for the Huntsville Project of $2,750,000 as set forth by the board of directors. This amount would be under the approved budget. Essay Question #2: What is your budget for the Planning Phase? What is the Planning Phase duration in weeks? The Budget for the Planning Phase is $283, 882. The planning phase is to be completed in 10 weeks consisting of 1,066 hours. The planning phase breaks down as followed: Task Name Fixed Cost Fixed Cost Accrual Total Cost Recruit and Train Managers $0.00 Prorated $4,608.00 Select Real Estate Consultant $0.00 Prorated $1,096.00 Create Pre-Production Plan $0.00 Prorated $3,272.00 Create Production Plan $0.00 Prorated $3,504.00 Establish Building concept $0.00 Prorated $4,312.00 Create Building Design $32,000.00 Prorated $34,568.00 Procure Site $216,000.00 Prorated $221,952.00 Select General Contractor $0.00 Prorated $1,732.00 Obtain Permits & approval $3,200.00 Prorated $7,574.00 Essay Question #3: What is your budget for the Preparation Phase? What is the Preparation Phase duration in weeks? The Budget for the Preparation Phase is $1,282,442. The planning phase is to be completed in 47 weeks consisting of 1,154 hours. The Preparation Phase breaks down as followed: Task Name Fixed Cost Fixed Cost Accrual Total Cost Prepare Site $0.00 Prorated $5,024.00 Construct Building $1,200,000.00 Prorated $1...
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...include writing, directing, and filming of the announcement of a public service to be aired on television. In addition, it may be an internship at a legislator's office or a non-profit organization to acquire knowledge about policies and strategies that are adopted to redress social problems like hunger, homelessness, or poverty. It may for pursuing a scientific study to determine environmental or ecological impact of changes over a period of a particular time ranging from a few months to a year in the local habitat. It may also be health administration and making researches in market or industry to create a viable business plan for a company to be set up and so forth (“Glossary of Education.”2014). Capstone projects are of great significance as these projects reflect students' internalization of the knowledge imparted during their stay in the educational institution and their ability to correlate the knowledge gained with the off-campus experiences. These provide students with opportunities to exhibit their organizational capacities and leadership qualities, prepare them for the bigger roles they are likely to play in the years ahead, and make them own responsibilities. The topic chosen is of interest to the student, and hence, he utilizes his mind well to complete the project that is to be finished within a certain time frame. Capstone projects instill in students a sense of responsibility, maturity of approach, and a framework to showcase their abilities (“Capstone Project...
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...again. My mother’s story about the treatment that magically healed her at hospital inspired me to be a nurse. I also understood that I could help the people who need treatment and be of assistance even though I do not know them personally. So, I went to the nursing school. Now, I am working as a RN at Sibley Hospital in the Medical/Surgical unit. But, it is my wish to be a unit manager in the future; just an Associate Degree RN did not satisfy me. I have to work my way up. So, I made it my goal to get a higher education and make plans accordingly to improve my personal and professional qualities. Without a professional goal we cannot improve our performance at work. “It is important to identify a number of professional development opportunities and select the ones that match interests and needs” (Besnoy, 2007, p. 47). My professional goal is to become a Unit Manager. I have to start at the bottom though and work my way higher and higher. I make plan to shift my job from Medical/Surgical unit to ICU. That will help me to learn how to deal and treat for more critical patients. Staying at the bedside of patients and assessing them provides information about patient’s condition. This gives us a guide for what treatment(s) to give them. If they get their treatment(s) on time then they can progress faster. It can prevent from becoming...
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...achieving near term objectives. Because it helps define appropriate short-term actions, it is more likely that the same line manager, making the staffing decision will still be in place to collect the benefits of that decision later on. First of all, it is important to address staffing from a proactive, planning perspective and not just an implantation phase. Even though this approach may have been used before, it is no longer realistic for organizations to assume that the staff needed to implement its plans is readily available and quickly recruited, trained, and qualified to work. Some staffing limitations may impact the company’s ability to implement its plans. For instance, my organization requires that only registered nurses with advance life support certification are to be scheduled to work on sub-acute unit. If this requirement is impossible to fulfill and company is unable recruit a sufficient number of nurses with critical care skills then implantation plan may not be successful. These limitations should...
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...How to Create an Effective Change Management Plan Prosci's Change Management Toolkit is one of the most comprehensive guides for managers, project teams and consultants involved in change management. The toolkit includes detailed planning templates, readiness assessments and guidelines for building executive sponsorship and managing resistance. Templates include communication plans, training plans, sponsor roadmaps, coaching plans and resistance management plans. Based on research with more than 700 companies, The Change Management Toolkit is a leader’s guide that contains templates and guidelines to help you effectively employ change management and write a complete and professional change management plan. Assessment tools and implementation guidelines will help you implement an effective change management strategy.The Change Management Toolkit enables you to: * Manage the people side of change, not just the business side. * Develop a change management strategy for your project. * Create a communication plan. * Actively manage resistance to change. | Toolkit elements: * Change management overview - what is change management, why is it important, what can I do to manage change effectively * Assessments - tools for evaluating your change and your organization's readiness for change * Templates - critical document templates for planning and executing change management - provided on CD-ROM * Theories and perspectives - a practical discussion of change principles...
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...List and briefly discuss the stages of a multimedia project. Be sure to define the milestones that mark the completion of the phase. Firstly, you must develop a sense of its scope and content, having a rough idea in your head on how to design your project. Then I have to develop an organized outline and a plan that is rational in terms of the skills, time, budget, tools, and resources that I have in hand. Scheduling, once I have worked out with my plan that include the phases, tasks and work items that I feel will be required. I have to layout these elements along a timeline. This will usually include milestones at which certain deliverables are to be done. To create a schedule I must estimate the total time required for each task. After scheduling, estimating the cost of the project will be relevant to estimate the entire cost after the project has been completed. It is relatively simple matter to estimate cost and effort, For example, the manufacturing industry. Having a progressive accounts and billing will be saved to review the financial part of the project, for example preparing a cost sheet. Finally, write and structure the elements of the multimedia project. Potential clients do not have a clue about how to make multimedia, but they do have a vision on their project. As a project designer, I will know what, my clients want and how to satisfy them. I occasionally may encounter a more formal request of proposal. This are typically detailed documents from large corporation...
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...Time Management is very important especially in a busy person,making deadlines/quotas because you make plan so that everything will settled down according before or after the scheduled time. Time management Developing time management skills is a journey that may begin with this Guide, but needs practice and other guidance along the way. One goal is to help yourself become aware of how you use your time as one resource in organizing, prioritizing, and succeeding in your studies in the context of competing activities of friends, work, family, etc. First: try our exercise in time management: How do you spend your time each day? Strategies on using time: These applications of time management have proven to be effective as good study habits. As we go through each strategy, jot down an idea of what each will look like for you: * Blocks of study time and breaks As your school term begins and your course schedule is set, develop and plan for, blocks of study time in a typical week. Blocks ideally are around 50 minutes, but perhaps you become restless after only 30 minutes? Some difficult material may require more frequent breaks. Shorten your study blocks if necessary-but don't forget to return to the task at hand! What you do during your break should give you an opportunity to have a snack, relax, or otherwise refresh or re-energize yourself. For example, place blocks of time when you are most productive: are you a morning person or a night owl? ...
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...longer is it acceptable simply to make good products that satisfy customers while complying with laws and regulations. Businesses are now called upon to consider – and, indeed, intentionally to manage – the wider social and environmental consequences of their actions, beyond the requirements of the legal and regulatory settings in which they operate” (Charles River Center, 2008). Thus it is important for Charles River Printing (CRP) to include this concept into its sustainability vision and mission in order to make it as part of their daily operations and grow as a responsible company. To build the strategic planning practices (SPP) for CRP it is important to develop action plans, the timeline for its planning; the level of stakeholder engagement; the governance structure; risk assessment and mitigation plans; and most importantly measure its progress (Pojasek, 2013. p.1). While doing this it is important to integrate the policies and strategies with respect to the economic sustainability, social responsibility and environmental stewardship of the company. Moreover, the goals have to be aligned with the mission, vision and core value of the company and vice versa. The first step is to develop the SPP would be to understand that of its parent company RR Donnelley. The plant manager should try to align the SPP of CRP with the parent company to have a common methodology and then improvise the strategies, while keeping in mind the long term goals of the company. CRP can follow international...
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