Premium Essay

Smartix Evaluation

In: Business and Management

Submitted By kmill2002
Words 781
Pages 4
Smartix Case HBS

Smartix
1. Imagine that you are Vivek Khuller. Should you accept the offer from MSG?

I don’t believe that I would take the offer from MSG. Here’s the problem with not taking the deal: Accel is relying on the MSG deal far greater than anticipated, and the deal with Accel has a high probability of falling through once it is discovered MSG may not be participating in the way Accel is anticipating. The other issue at hand is that without the Accel deal, Smartix is nearly out of time and the funds required to continue aggressively pursuing the project.

An alternative for Smartix in this situation is to scale it back and seek out a slightly smaller deal. They have the capacity to do so and it seems that they were aiming rather ambitiously with MSG. If they wanted to reassess their end game and dial it down some, they have the opportunity to connect with a slightly smaller venue or company and they have a short amount of time to do so.
Another alternative to accepting the MSG deal is for the founders to gain outside employment in an effort to sustain themselves while they regroup Smartix to succeed under their terms. They all know that the last thing they want to do after all their hard work is become MSG employees. In the end, don’t accept a subpar deal if you know your venture is worth more.

2. Should Vivek have tried to start this venture without co-founders? Could he have been a solo founder?

While not doubting his competence or his ability to pull it off single handedly, the external input Vivek received from all of his co-founders helped him get to where he was. Also, to be the well-rounded individual he wanted to be, he needed outside input and effort. Vivek knew that “to get through tough times, you need people you can trust, who are smart, and who can make progress.” The individuals Vivek chose as partners were well thought...

Similar Documents

Premium Essay

Employee Evaluation

...Employee Evaluation Form |I. Employee Information | |Employee Name |Job Title | |Supervisor/Reviewer |Review Period | | |From: / / To: / / | |II. Core Values and Objectives | |Performance Category |Rating |Comments and Examples | |Quality of Work: |( Exceeds expectations | | |Work is completed accurately (few or no |( Meets expectations | | |errors), efficiently and within deadlines with |( Needs improvement | | |minimal supervision |( Unacceptable | | |Attendance & Punctuality: ...

Words: 389 - Pages: 2

Premium Essay

Software to Support Assessment

...Kristal Charles November 11, 2013 EDU 225 Christy Faux Software to Support Assessment Using assessments can be very a very difficult part of teaching. Evaluating a child’s performance in school can be very hard, but a necessary part of the educational process. For many, assessments mean test. Students and parents view these assessments as a way to out-do their classmates and compete to see who is able to get the highest grade. They don’t view these assessments as a way to know if they understand the things being taught. Assessments are created to serve a purpose. They help diagnose learning disabilities, identify a student in need, and help the district meet their yearly goals Technology to Facilitate Ongoing Efforts to Assess Student Learning Teachers are able to use technology in many different ways. Teachers us observation, making adjustments when needed in a lesson, communication, written assignments, and giving tests to help each student know their strengths, and weaknesses. To make sure no child is left behind a teacher needs to evaluate the child’s daily, monthly, and quarterly progress. This will help the teacher understand what is each child still needs help on. By modifying the curriculum for some of the children this will help each one individually. Students should have the opportunity to use assessments in their class to help understand all the tasks that are being assigned during. The software being used can include many things. Including......

Words: 1142 - Pages: 5

Free Essay

Self Assessment

...Self- Assessment Orlando Polite Juanita Murrell BUS 520 – Leadership and Organizational October 21, 2013 The Johari Window is for improving self-awareness, and mutual understanding between individuals. It can also be used to assess and improve relationships with others. Recognizing what others see in us is something that we may not be aware of and accept. One must believe and trust an individual before sharing personal information ("Johari Window," 2010). This paper will discuss some profiles of my personality characteristics and evaluation results. Also summarize assessment results. Then analyze how the scores play a part with relationships and career choices. The profile of my features displays my personal preference and is consistently decisive. I tend to get work done under stressful conditions. I show a lot of positive feedback as a manager. I am extremely confident with my work and decisions. Managers are not perfect, so we tend to make mistakes and learn from them. Being able to take criticism makes an individual a better person and a good manager. Being able to work long hours and with standing prejudices and biases situation is one of my strong points (Schermerhorn, Osborn, Uhl-Bien & Hunt, 2012). My primary mission as a leader is change. I have a lot of concern on what my employers want in life and always thinking of the long term. In this position, I am not only a leader but a teacher. Employees...

Words: 301 - Pages: 2

Premium Essay

Creating Your Dream Job

...WEEK 8 ASSIGNMENT 2 Creating Your Dream Job STUDENT: NDOWAR, TECUMSAY PROFESSOR: MCGRATH, CHRISTOPHER BUS310 DATE: DECEMBER 1, 2013 PAGE 1 Create a job description and specifications for your dream job. Research and Development Specialist Job Description: Execute and lead all product research and development activities for approved business initiatives in a cross-functional and collaborative manner in an effort to support in coordinating design, development, validation, and documentation of systems & components. Provide technical support in response to customer needs and typically interacting with engineers at commercial, industrial, and other establishments. Collaborate with other personnel throughout the organization. Assess customer needs and develop solutions utilizing company resources to meet those needs. Communicate project specifics with company’s operational personnel to ensure that the objective of the project is accomplished in accordance with the customers schedule and needs. Provide accurate and current progress reports to management on the status of work activities including critical customer-related activities, and other projects as assigned. Product development, product improvement and product testing. Lab and Field performance testing. Project specific performance improvements. Customer correspondence for......

Words: 875 - Pages: 4

Premium Essay

Asdfghjkl

...Central Luzon Division of City Schools DAYOS COLLEGE OF SCIENCE AND TECHNOLOGY Makati City S.Y. 2014 – 2015 VISION/MISSION The institution aims to empower the students to become successful and productive individuals of the society by building programs that will help them further develop their skills and give them knowledge and values that they can use in the future. The institution is committed to provide activities and offering services that will hone them to become competent individuals in the future. GUIDANCE SERVICES/PROGRAMS | SPECIFIC OBJECTIVES | ACTIVITY/METHODS/STRATEGIES | TIME FRAME | MATERIALS | TARGET PARTICIPANTS | Testing Services * Entrance Examination * Personality Tests * Mental Ability * Aptitude Tests * Achievement tests * Assessment of Values and Habits * Emotional adjustment | * The students will be able to gain further knowledge about their strengths and weaknesses * The guidance counselor and teachers will be able to provide basis for research and information on other needs of the student * The students will be able to know their potentials | * Notification of applicants * Administration and scoring of tests * Interpretation of tests results * Dissemination of test results | * April to May 2014 * All year round | * Test papers * Folders | * Incoming First Year College Students * All Students | Information Services * EnrollmentOrientation * Consultation Information Forum | * To......

Words: 970 - Pages: 4

Free Essay

Last Paper

...components and ensure that each component has been adequately met. According to Louwers, Ramsay, Sinason, and Strawser (2007) the five components to internal controls include: 1. Control environment – Involves the tone of the organization and includes “the integrity, ethical values, and competence of the company's people” (Louwers, Ramsay, Sinason, & Strawser, 2007). 2. Risk assessment – Involves a thorough assessment which “identify(s) risks, estimate their significance and likelihood, and consider how to manage the risks” (Louwers, Ramsay, Sinason, & Strawser, 2007). 3. Control activities – Involve specific actions which help ensure that management’s objectives and expectations are carried out. 4. Monitoring – Ongoing evaluation of internal controls performed on a timely basis. 5. Information and Communication – Relates to the efficiency and reliability of information and communication refers to how the information is presented to communicated to users. |Defining the Control Environment |Yes/No | |Is there a clear method of assigning authority and responsibility? | | |Is there a clear transparency within the audit trail? | | |Are company policies and practices accessible understood at the employee level? ......

Words: 355 - Pages: 2

Premium Essay

Building Internally Consistent Compensation Systems

...COMPENSATION AND BENEFITS AUTHOUR: Joseph J. Martocchio PUBLISHER: Pearson Education International DATE: 2011 ISBN-13: 978-0-13-254706-2 1. Table of Content (Building Internally Consistent Compensation Systems) Introduction 124 Determinants of Internal Consistency 125 Job Analysis 125 Steps in the Job Analysis Process 126-129 Job Analysis Techniques 131 O*NET 131-137 Job Evaluation 137 Compensable Factors 137-139 Job Evaluation Process 139-140 Job Evaluation Techniques 140 The Point Method 141-143 Alternative Job-Content Evaluation Approaches 144-145 Alternatives to Job Evaluation 145-146 Limitations to Internally Consistent Compensation Systems 146 2. Why I selected this Book: HRMN 330 Course Requirement 3. Theme (Key Quote): “Internally consistent job structures formally recognize differences in the job characteristics that enable compensation managers to set pay accordingly.” 4. Abstract: The purpose of this book is to provide knowledge of the art and science of compensation practice and its role in promoting companies’ competitive advantage. Compensating employees represents a critical human resource management practice: without such companies cannot attract, retain nor motivate best qualified employees. 5. Introduction Internally Consistent Compensation Systems define the relative value of each job when compared with all jobs within the......

Words: 2710 - Pages: 11

Premium Essay

Team Agreement

...TEAM AGREEMENT MKTG 322-Internet Marketing Team Members: Email: Phone: | What organization will you study for this Group Project? (it needs to be a large, well-known organization that uses multiple social media channels) Team Procedures (with team consensus, complete the sections below) | 1. Will there be regularly scheduled team communication? If so, identify the dates/times: Group 3 will not have a scheduled time or day to communicate. Will communicate when needed. 2. Preferred method of communication (e.g., individual e-mails, , Blackboard discussion, telephone calls,) to inform each other of team meetings, announcement, updates, reminders, problems: Communication will be through individual emails, text messages and postings on the Group Discussion Board. 3. When inquiries are made by members, what will be the expected turn-around time for responses from team-members: Members will have an expected one day turn-around time for responses 4. Identify what, if any, time extensions will be given to team members who do not meet their task due dates…also identify at what point other team members will accept the additional task responsibilities from the offending team member, thereby, effectively REMOVING the member from the team: A one day time extension is permissible upon notification by the member to the team leader via email or by phone requesting that they need more time. If a team member fails to complete......

Words: 822 - Pages: 4

Free Essay

He525 Regional Accreditation Methods

...HLC’s jurisdiction. This discussion will compare the ways that each association defines, addresses, and approaches an educational institution’s learning assessments program during the accreditation process. Higher Learning Commission Defining Learning Assessments HLC defines learning assessment structure in terms of their stated criteria and core standards. Evidence listed for these core components provides a more detailed definition of learning assessments. As of 1 January 2013, HLC’s accreditation process will be built on 5 criteria. HLC directly addresses learning assessments in 2 of its 5 accreditation criteria. Criteria #3- Teaching & Learning: Quality, Resources & Support Criteria #4- Teaching & Learning: Evaluation & Improvement Because Criteria 3 and 4 have specific learning assessment applications they alone will be discussed further. HLC derives Core Components for each of the Criteria. Two Core Components for criteria 3 are specific to student learning assessment: A) The institution demonstrates that the exercise of intellectual inquiry and the acquisition, application, and integration of broad learning and skills are integral to its educational programs. B) The institution provides support for student learning and effective teaching. For purposes of illustration, evidence examples for these two Core Components (A and B) are: A1. The institution...

Words: 1799 - Pages: 8

Premium Essay

Program Planning and Evaluation

...Program Planning and Evaluation Paper Axia College Program Planning and Evaluation Paper The Santa Rosa Philharmonic Youth Symphony (SRPYS) is an organization which supports young people who love music, encourages quality musicianship, and advanced leadership skills through their program. Local elementary and middle schools have had to cut the music programs from their curriculum; parents, students, and community members are concerned that this lack of support from the education community will discourage talented individuals. SRPYS is an organization which has developed plans to educate and advance the skills of young musicians. Their program planning and evaluation techniques are established, but always open to change as the students and musical tastes vary from year to year. Program planning and evaluation are two different processes in any human services agency, but are related to each other in many ways. Program planning is a process through activities or interventions which address and facilitate changes in a specific problem or problems. (Terao & Yuen, 2003) Through this planning, new programs can be implemented which can more appropriately address the problem or add new aspects to an existing program. Program evaluation provides information about how well a program is meeting the needs of its clientele, staff, the community, and its mission. Ongoing assessments allow for changes which need to be made as participants change, needs change, or there are better......

Words: 986 - Pages: 4

Premium Essay

Business

...and protecting the right of individuals. The local policy process appears to be most influenced by consensus and coalition building, unlike that national policy process which is largely influenced by shifting public moods and opinion as well as changes in electoral leadership). We also have to look on local power structures democratic accountabilities, business government relations and policy impacts and distribution effects (Baumgartner / Jones 1993: Cobb / Elder, 1983: Jones 1994). The nature of public policy is changing. Evaluation today has many more purposes not only accountability and learning, but also better policy planning ,improved implementation, empowerment of those without voice. Since evolution is so big in the policy system of one government or one set of policies and encompass partners, including civil society, the private sector and professional group. Consequences are surrounded by the quality of interactions. When we look at evaluation of public policy it is embedded in a changing and more complex and multi-partner public policy system. The system in which policy making, policy content and public management has been transformed in many countries and this is likely...

Words: 293 - Pages: 2

Premium Essay

Instructional Design Matrix

...April Baylor March 17, 2012 SED-444 Alicia Leach Design Model ADDIE Model Systems Approach Model Kemp’s Instructional Design Model Instruction Design Perspective Developmental/Cognitive Behavioral Developmental/ Cognitive Instructional Strategy Cooperative Learning, Discovery and Questioning Cooperative Learning, Discovery and Questioning Cooperative Learning, Discovery and Questioning Description The Addie Model is a five-phase instructional design that consist of the following: Analysis: identify the environment (audience), goal, objectives and strategies which can be also called the pre-planning phase. Design: write instruction for the learning unit Develop: build content, assignments, assessments which are both formative and summative and develop course materials Implement: Begin teaching and giving instruction. Evaluate: Ask questions? What was done, how was it done and how can you do better? (perform assessments) (Clark, 2000) It is a procedural system including ten major process components: Know your students’ needs so you can know your goals when teaching: Assess the student to set learning objectives and goals Conduct instructional analysis: to determine a step-by-step of what learners are doing when they are performing the goal; to determine what skills and knowledge are required Analyze learners and contexts –identify your students learning styles and setting; this will help towards classroom layout, students’ attitudes......

Words: 497 - Pages: 2

Premium Essay

English Only Debate

...EDU 225 Instructional Technology Benchmark Assessment and Rubric Targeted Essential Learning Students study and utilize a variety of technologies such as computer software and hardware and will develop a personal technology philosophy and classroom technology plan designed to enhance and shape their teaching skills and knowledge to better utilize emerging technology. (APTS 3, INTASC 6) Assessment Tool Selected 1) Comprehensive Classroom Technology Plan 2) Reflection Essay Specific Performance/Task(s) Select and implement appropriate technology and resources. (APTS 3.11) Select and use research-based strategies to engage learners. (APTS 3.12) Relevancy of Task to Teacher Candidate Demonstrate the effective use of technology to foster active inquiry, promote collaboration, and support interaction in the classroom. Assessment: Student Prompts/Teacher Directions Comprehensive Classroom Technology Plan (e-Portfolio Assignment) In Modules 2-6 you will be drafting the component parts of a Comprehensive Classroom Technology Plan for use in a 21st century classroom. The Comprehensive Classroom Technology Plan will include the sections listed below. Drafts of these sections will be submitted throughout the course for instructor feedback and will be revised for inclusion in the Benchmark Assessment, due in Module 7. A Reflection Essay will also be prepared to accompany the plan. The plan is composed of the following components: * Section One: Mission and......

Words: 3012 - Pages: 13

Free Essay

Lbj Company

...LBJ Company ATTN: President of LBJ Company Dear Sir: Our investigation was completed on February 8th, 2013, and there are some concerns about the current internal control of the company. Our recommendations of the new internal control our based on Sarbanes Oxley Act; we believe this information will serve its purpose to fit the needs of LBJ Company. New Internal Control Requirements: According to the investigation, we reviewed the following areas of internal control that need to be under the Sarbanes Oxley standards: * Human Resource Control * Segregation of Duties * Establishment of Responsibilities * Physical Control * Proper Documentation Procedures * Independent Internal Verification Evaluation of Current Internal Control: There are two areas that have positive standards in the LBJ Company: * Transaction management * Risk assessment We reviewed some of the internal control within your company that shows a positive impact. We identified that the company uses pre-number invoices for cash to be posted by invoice number. LBJ’s risk assessment identified that there are certain risks that could have some negative effects if these risks are not managed properly. We do not recommend purchasing an indelible ink machine to print checks because it would violate segregation of responsibilities, which states “the responsibility for record-keeping for an asset should be separate from the physical custody of that asset” (p. 228).......

Words: 517 - Pages: 3

Premium Essay

Communicating Student Achievement

...Communicating Student Achievement * Greeting: Before parents arrive I will have a folder with each student’s individual daily work and projects, group work, exams and finally there report card and progress report. I will also have coffee and some finger snacks. They will mostly be there to keep me awake, but it will provide a more comfortable feel to the parents. I will have a long table in the middle of my class where I will be seated. I will have two chairs available for parents that are more appealing than the one I am on. When Jacob’s parents enter the room I will rise and smile, say “Hello, I’m James, Jacob’s social studies teacher.” I will walk over to greet them and ask them if they would like to help themselves to coffee and cookies. I will then direct them to their seats. When all parties are seated, I will take out Jacob’s folder and tell his parents the agenda for today’s meeting. I will also notify them that if at any time they have questions or concerns to please address it and I will explain in better detail. I will ask at that time if there are any questions concerning their son. If there are none I will open up Jacob’s folder and pass out the copies of the agenda I have made. (Note: If a student has divorced parents, then I will have two copies available for each parent.) * Agenda: The agenda will consist of Jacob’s attitude toward school and particularly my social studies class. Secondly, I will go over my viewpoint of assessment to the......

Words: 1816 - Pages: 8