Matching Items (10)

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Supplier Management Analysis for Intel Corporation

Description

New Venture Group, a student-run consulting organization at ASU, collaborated with representatives from Intel Corporation to determine current best supplier management practices in the area of capital equipment procurement. The

New Venture Group, a student-run consulting organization at ASU, collaborated with representatives from Intel Corporation to determine current best supplier management practices in the area of capital equipment procurement. The New Venture Group team accomplished this goal by completing the following deliverables: (1) Research and consolidate best practices for managing capital equipment suppliers. (2) Interview suppliers of capital equipment in the semiconductor industry to understand their motivators. (3) Examine top supply chain companies that utilize capital equipment manufacturers within their procurement systems. (4) Gather data and knowledge in conjunction with Intel Corporation's current practices to improve the effectiveness of the company's supplier management techniques regarding capital equipment manufacturers. The thesis report outlines the key insights and recommendations that our team extracted from the research that we performed. Our team analyzed peer-reviewed journal articles, conducted interviews with suppliers of capital equipment to semiconductor manufacturers, and surveyed buyers at top companies to reach important key insights. We then used these insights to develop the following strategies to improve Intel's capital equipment supplier management structure: All Suppliers 1. Allow high-performance suppliers to select one reward from an established portfolio of incentives. 2. Increase measurement frequency for specific metrics. 3. Use collaborative two-way measurement with a corresponding balanced scorecard. Key Suppliers of Critical Products 4. Conduct gap analysis through supplier self-assessments. 5. Implement collaborative target pricing. 6. Delegate an Ombudsman. 7. Create a value map to determine the strengths and incentivize collaboration. 8. Create comparison charts comparing supplier technological competencies versus Intel's product developments. 9. Establish a systematized product development process and strategic sourcing strategy that supports the continuation of Moore's Law.

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Created

Date Created
  • 2016-05

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Regulating Consulting Activity at the American Red Cross

Description

Humanitarian aid organizations, while providing aid services, require inputs and utilize business processes like other for-profit firms. Many charity organizations depend on donations for revenue. The level of public trust

Humanitarian aid organizations, while providing aid services, require inputs and utilize business processes like other for-profit firms. Many charity organizations depend on donations for revenue. The level of public trust in charities can affect donations. To support the American public and protect individuals from dishonest charity agencies, charity watchdog organizations publish ratings of charities to assist the public in donation decisions. The ratings focus on a variety of topics orienting how much of donation funds go directly to the cause not administrative or soliciting costs. In the American Red Cross, a new process was engineered to make procuring consulting services more efficient and cost effective. This project was focused on investigating areas of improvement for the new process. Deliverables included process suggestions for business unit managers, process suggestions for sourcing managers, and detailed process flowcharts highlighting potential modifications in the new process. Overall, it is critical to keep consulting costs low to ensure that watchdog organizational ratings stay positive and public trust in the American Red Cross remains high.

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Created

Date Created
  • 2015-05

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Market Outreach Analysis for Lightworks' ATP3 Energy Test-bed Program

Description

The U.S. Department of Energy awarded $15 million to the Algae Test-bed Public-Private Partnership (ATP3) at Arizona State University. ASU LightWorks is the university partnership that works to combine research

The U.S. Department of Energy awarded $15 million to the Algae Test-bed Public-Private Partnership (ATP3) at Arizona State University. ASU LightWorks is the university partnership that works to combine research into one strategic framework. The combination of both of these entities allows for a framework to address energy issues through collaboration with academic institutions, commercial enterprises, and national laboratories. The Arizona Center for Algae Technology and Innovation (AzCATI) partners with ATP3 and the facilities are located on ASU's Polytechnic campus. Part of NVG's research focuses on a gap analysis of what types of entities to partner with, but thus far partnerships include: the National Laboratories, Cellana LLC, Touchstone Research Laboratory, SRS Energy, Cal Poly San Luis Obispo, Georgia Institute of Technology, University of Texas at Austin, and Commercial Algae Management. The goal of ATP3 is to create an open and collaborative network in geographically diverse locations, that allow for world-class expertise while addressing flexibility and customer service, as well as IP management within a tiered fee structure. The standard would be that ATP3 address the operational protocols, data collection and analysis, data management, quality control, modeling and assessment, and finally education and training. This allows ATP3 to be a quality testing facility for the algal research community, and the test-bed facilities will be located in Arizona, Hawaii, California, Ohio, and Georgia.

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Created

Date Created
  • 2013-05

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Company Assessment Model - A Multi-Attribute Model

Description

The project consisted on creating a model for a venture capital firm to use that would help in screening through investment opportunities.

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Created

Date Created
  • 2013-05

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Hospital Observational Project Analysis: Doctor/Nurse Commmunication

Description

This paper comes from a consulting project that the consulting firm, New Venture Group (NVG), did for a hospital in the southwest United States. The name of the hospital as

This paper comes from a consulting project that the consulting firm, New Venture Group (NVG), did for a hospital in the southwest United States. The name of the hospital as well as the names of the hospitalists and units for the hospital will be withheld for confidentiality reasons. The hospital will be referred to as the ‘client’ throughout this paper. New Venture Group is a management consulting firm associated with Arizona State University (ASU), W.P. Carey School of Business and The Barrett Honors College. NVG recruits their consultants directly from the upper-class student body. NVG takes on projects from a wide variety of clients to provide real-world solutions comparable to that of other management consulting firms in the industry.
The client wanted to look into ways to improve patient satisfaction. To improve patient satisfaction the consulting team performed research and held a data collection. The team researched literature for possible improvements in technology, management procedures, and hospital operations protocols. The team then provided the findings and possible implementations to the client. Another item the team looked into was communication between night shift hospitalists and nurses, and possible ways to improve their communication. In the winter of 2010 a data collection was held at the client hospital that measured several different metrics of hospitalist
urse communication. In early 2011 a NVG team provided a descriptive statistics analysis of the results to the client. After the team’s first presentation I joined NVG and the team with this client. The client wanted to dig deeper into the data to find any patterns that were inherent in the data that were not immediately obvious from descriptive statistics. To do this I built over a 150 different regressions to dig from the data as many different patterns that could be found. Most of these regressions found many non-interesting results and a few did find significant interesting results. A report was sent to the client with all the results found. This paper is structured differently than the one delivered to the client in that only the significant interesting results are included and terminology will used for an audience who is familiar with statistics and mathematics. The work in this paper is the combined result of the whole team. My most specific input in this project is the quantitative analysis section. The other parts of this paper are also included so that the reader can see the full results of this consulting project.

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Date Created
  • 2012-05

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Entertainment Marketing to the Millennial Generation

Description

Entertainment Marketing to the Millennial Generation is an honors thesis project which combines research with a creative application. The thesis consists of four main segments: an overview of data surrounding

Entertainment Marketing to the Millennial Generation is an honors thesis project which combines research with a creative application. The thesis consists of four main segments: an overview of data surrounding Millennials, a discussion of three companies that successfully marketed to this generation, the creation and explanation of a proposed marketing modeling framework and an application of the previously found conclusions to a brief advertising strategy for Paramount Pictures. This thesis first looks at the Millennial Generation to answer the question "Who are the Millennials?" and to more clearly understand their role as media and entertainment consumers. Characteristics of technological dependence, fast-moving attention spans, desire for connection, and unique brand perceptions emerged as most significant. The case studies examine the marketing campaigns of Lionsgate Films' The Hunger Games, Nickelodeon's The 90s Are All That and MTV Iggy's Music Experiment. Strategic tactics used to target and foster a strong Millennial fan-base were identified. The previously discovered principles led to the development of a modeling framework to be used to build a Millennial-focused marketing campaign. The framework utilizes the five key elements of connectedness, hyper-advertising, technological leadership, brand currency and cultural edge. Finally, all findings were gathered and applied to Paramount Pictures. The knowledge gained from Millennial research, the case studies and the marketing framework shaped recommendations for a creative advertising brief for Paramount Pictures' Anchorman 2. The general principles of the thesis were also suggested for use in marketing in various industries.

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Created

Date Created
  • 2013-05

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A Review of Consulting Activities with the Havasupai Tribe

Description

For the past two years, New Venture Group (nVg) and the Havasupai Tribe have worked together on a variety of community development projects. The purpose of this paper is to

For the past two years, New Venture Group (nVg) and the Havasupai Tribe have worked together on a variety of community development projects. The purpose of this paper is to provide descriptions and documentation for these projects and how they are related to the economic development of the community. The partnership with the Havasupai Tribe has allowed nVg to learn the history and culture of one of Arizona's oldest communities. It has been necessary to understand the traditional values of the Havasupai to design projects that will benefit the tribe and gain support from its members. The products that nVg has worked on under the direction of the Havasupai include: - Computer training sessions - A tribal website - Financial analyses of Supai enterprises - Data management resources These and additional activities will be explained in the following pages. They were created following several meetings with tribal members and Enterprise Managers in Tempe and Supai, Arizona over the last two years. The goal of these projects is to contribute to the economic development of Supai and the Havasupai people more generally. Economic development means combining the existing strengths of the Havasupai community with nVg's business management experience, creating a stronger and more productive economy that contributes to the overall quality of life for the Havasupai.

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Created

Date Created
  • 2013-05

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It Takes Five: Basketball Teams Using Network Metrics

Description

Analytic research on basketball games is growing quickly, specifically in the National Basketball Association. This paper explored the development of this analytic research and discovered that there has been a

Analytic research on basketball games is growing quickly, specifically in the National Basketball Association. This paper explored the development of this analytic research and discovered that there has been a focus on individual player metrics and a dearth of quantitative team characterizations and evaluations. Consequently, this paper continued the exploratory research of Fewell and Armbruster's "Basketball teams as strategic networks" (2012), which modeled basketball teams as networks and used metrics to characterize team strategy in the NBA's 2010 playoffs. Individual players and outcomes were nodes and passes and actions were the links. This paper used data that was recorded from playoff games of the two 2012 NBA finalists: the Miami Heat and the Oklahoma City Thunder. The same metrics that Fewell and Armbruster used were explained, then calculated using this data. The offensive networks of these two teams during the playoffs were analyzed and interpreted by using other data and qualitative characterization of the teams' strategies; the paper found that the calculated metrics largely matched with our qualitative characterizations of the teams. The validity of the metrics in this paper and Fewell and Armbruster's paper was then discussed, and modeling basketball teams as multiple-order Markov chains rather than as networks was explored.

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Created

Date Created
  • 2013-05

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Ranking Factories When There Are Multiple Dimensions of Performance

Description

The authors (hereinafter, "the team") engaged in a consulting project with Honeywell Process Solutions, on behalf of the New Venture Group (nVg) The New Venture Group is a student-run management

The authors (hereinafter, "the team") engaged in a consulting project with Honeywell Process Solutions, on behalf of the New Venture Group (nVg) The New Venture Group is a student-run management consulting firm within the W.P. Carey School of Business. Its purpose is to provide an experience that allows members to learn about management consulting by interacting with real clients doing value -adding work. Through this particular client engagement, the team was asked to research and develop a structured process that would allow Honeywell Process Solutions to usefully compare 22 factories to each other on a broad range of performance issues.

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Created

Date Created
  • 2013-05

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The Value of Emotion: Exploring the Use and Impact of Sentiment Analysis in Various Industries

Description

This thesis studies the area of sentiment analysis and its general uses, benefits, and limitations. Social networking, blogging, and online forums have turned the Web into a vast repository of

This thesis studies the area of sentiment analysis and its general uses, benefits, and limitations. Social networking, blogging, and online forums have turned the Web into a vast repository of comments on many topics. Sentiment analysis is the process of using software to analyze social media to gauge the attitudes or sentiments of the users/authors concerning a particular subject. Sentiment analysis works by processing (data mining) unstructured textual evidence using natural language processing and machine learning to determine a positive, negative, or neutral measurement. When utilized correctly, sentiment analysis has the potential to glean valuable insights into consumers' minds, which in turn leads to increased revenue and improved customer satisfaction for businesses. This paper looks at four industries in which sentiment analysis is being used or being considered: retail/services, politics, healthcare, and finances. The goal of the thesis will be to explore whether sentiment analysis has been used successfully for economic or social benefit and whether it is a practical solution for analyzing consumer opinion.

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Created

Date Created
  • 2014-05