Strategic Management Project
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Transcript of Strategic Management Project
STRATEGIC MANAGEMENT
ABOUT THE PRODUCT
Youth magazine in competition with JAM Magazine.
Monthly magazine
Tie-up with NGO, College Unstoppable.
To be launched in Mumbai.
Targeting colleges and schools for penetration
A panel of top professors from top colleges with whom the students can directly interact.
A panel of top CEOs from across the country with whom normal public can interact. A panel of youth icons to be invited as guest editors.
MISSION STATEMENT
Empowerment of the youth in educational and career sectors
VISION STATEMENT
Young India achieving its own career and education perspective
BUSINESS MODEL
Tie up with College Unstoppable Social Angle Advertising One Magazine representative in all
colleges Panel of CEOs, Professors, Celebrities Counseling for 10th-12th students, BPOs Social networking Blogs for all the colleges
TEAM wHAT nEXT ..??
SHIKHA K.T
Editor and HR manager
Roll no. 3019
EDITORIAL STARTEGY
Contents of magazine
Meet the editor
Contents
Letters
Course – Recourse
Coolage –College
Wassup..!!!
Success / km
Mark the Market
G.K Theek He ???
Test it out
Now that’s funny
My views
Feast the fest
Contact us
wHAT nEXT ??...
HUMAN RESOURCE STRATEGY
Linking the departments
I. Marketing
II. Finance
III. Research and Development
IV. Public Relations
2. Design the salary package 3. Recruiting new personnel 4. Determine bonus and incentives
Editorial & HR
Finance
Public Relations
Marketing
R & D
TEAM wHAT nEXT ..??
SANCHIT GANGAR
Marketing manager
Roll no: 3013
MARKETING STRATEGY
Tie up with colleges and schools
Promote in the schools and colleges
Initial month free distribution of soft copies
Appoint one representative in each college for promotion purposes
Establish contacts with teachers
After a year, distribute free expert adivce cds with the copy
MARKETING STRATEGY
Free counseling seminars
Database
Subscription :- Yearly @ Rs.240 Rs.200
Half-yearly @ Rs.120 Rs.100
Tie up with newspapers
Promotion at book stalls in Railway Station
Stall on the result day in schools
Promotional videos in college fests
CHALLENGES
Circulation
Promotion
Competition
Expansion
SAUMYA KOTIAN
Digital Marketing Manager
Roll No:3024
TEAM wHAT nEXT ..??
DIGITAL MARKETING MANAGEMENT
Online Website
Facebook page
Blogs for colleges and schools
User Account on websites
After one year launch a wHAT nEXT ??… app
DIGITAL MARKETING MANAGEMENT
Youtube channels of our career counselor speaking on various stress busters
Youtube channels also will focus on career counseling by our experts
Entire co-ordination with Marketing manager and Financial Manager
CHALLENGES
Promotion, website and maintenance
Online Competition
Expansion the E-marketing
Operating cost in maintenance through online markets
Circulation via online websites
SAGAR KHASIA
Public Relations Officer
Roll No: 3022
TEAM wHAT nEXT ..??
PUBLIC RELATION STRATEGY
Contact well known people from top institutions for write ups in success / km
Contact the co-ordinators of various colleges and schools for promotion
Ask person incharge for permission to conduct seminars
PUBLIC RELATION STRATEGY
Celebrity Enrollment
Contact the person incharge for tie ups with newspapers and BPO’s
In case of free counselling, respond to calls
Maintain relations with those wishing to advertise
Major communication and co-ordination with the editor and marketing manager
CHALLENGES
Expansion
Liaison with all top colleges
Relations with well known members
Status update in case of celebrities coming in
SONAL JOSHI
Research and Development Executive
Roll No: 3018
TEAM wHAT nEXT ..??
Create &
Style
Talk &
Stock
RESEARCH & DEVELOPMENT STRATEGY
TALK & STOCK STRATEGY
Research conducted on 100 young students from colleges and schools
Research conducted on 50 working professionals
Analysis of market demand in job and educational sectors
Analysis of expectations of youth from the magazine
TALK & STOCK STRATEGY
Overview of the likes and dislikes of the young masses
Research on the reading ability of students to determine the market size
On the basis of estimates of demand, discuss with the editor regarding articles to be published
CREATE & STYLE STRATEGY
Research amongst students on preference of art in case of designing
Conduct surveys on current trends in design and fashion
Overall look of the magazine
Overall segregation of advertisements and write ups to be placed
Photoshoots to be conducted in case of necessity
Entire co-ordination with the editor
CHALLENGES
Product development and maintenance of Operating cost
Align with the changing trends and operate at the cost prescribed
Research may differ on basis of culture and mentality of people and may result in false data
VIBHA SHAH
Financial Manager
Roll No: 3017
TEAM wHAT nEXT ..??
FINANCIAL STARTEGY
Capital contribution by 6 members – Rs 2 lakh each
Contribution from private savings and borrowings from friends and family at no rate of interest
Equal profit sharing ratio
Reduction in operating cost
No misery in marketing expenses
FINANCIAL STARTEGY
Office owned by family member
Maintenance of Books of Records
Bank Accounts
Registration done the holder of office
Entire co-ordination with Public Relations Officer and Marketing mangers
CHALLENGES
Revenue Generation
Sustainable Partnerships
Legal Aspects
Operating Profit
Operating cost
THANKYOU