A major home improvement company makes tools and accessories for use by experien
ID: 397964 • Letter: A
Question
A major home improvement company makes tools and accessories for use by experienced and new homeowners. This company would like to provide low-cost products, using simple materials. Having identified drill bits as an item they would like to provide with a new “twist” (pun intended), they wish to make a line of drill bits made of plastic or plastic alloyed with other materials. Their reasoning is that these drills could be used with most light-duty applications such as drilling through drywall, soft woods, and other simple materials. Your job is to assemble a team of coworkers who will be able to develop ideas and concepts for plastic drill bits.
1.Who would you select to be on this team?
2.What talents would you like to have represented on the team?
3.Would you think about asking people from outside the company to be on the team? Why or why not?
Explanation / Answer
Answer# 1 Team for home improvement company can include:
a. Business development team leader - For creating the plan, monitoring, making adjustments to the plan and presenting information about the progress to company executives.
b. R & D team - Reasearch and development team with the knowledge and experience to contribute to business development.
c. A Human resource Department member - who can access the role of each team member and can make paln and strategy for better performance by the team members. Set measurable targets for the team to ensure progress and deliver results.Motivate the team with incentives related to the targets.
d.Product Engineers - who could actually bring the idea into reality.
e.Senior executive - to ensure that business development activities align with overall corporate strategy.
f. Representatives from marketing - to bring customer focus and market understanding to the team. Involve members of the sales team who will deal directly with clients and prospects.
g. Member of finance - to manage funding for business development activities.
Answer # 2 The talents to have represented on the team :
a. Business development team leader - For creating the plan, monitoring, making adjustments to the plan and presenting information about the progress to company executives.
b. R & D team - Reasearch and development team with the knowledge and experience to contribute to business development. Before a new product is developed, a research and development department conducts a thorough study to support the project
c. A Human resource Department member - who can access the role of each team member and can make paln and strategy for better performance by the team members. Set measurable targets for the team to ensure progress and deliver results.Motivate the team with incentives related to the targets.
d.Product Engineers - who could actually bring the idea into reality.
e.Senior executive - to ensure that business development activities align with overall corporate strategy.
f. Representatives from marketing - to bring customer focus and market understanding to the team. Involve members of the sales team who will deal directly with clients and prospects.
g. Member of finance - to manage funding for business development activities.
Answer # 3
yes, we can ask people from outside the company to be on the team this process is called outsourcing. we can outsource any business development tasks if we cannot manage internally with the available resources. Appointing a market research company, for example, can provide team with an independent view of market opportunities. However, using an internal team for the majority of the business development work is better idea. An internal team can communicate more easily and respond quickly to new opportunities or changes in company strategy. An internal team also has a personal commitment to the success of a new business development project. so as far as possible we can manage with internal staff, it necessary we can definitely outsource certain work.
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