10 Nov The assignments in this course are framed around a scenario in which you are hired by a company as a consultant to provide a recommendation on solving a challenge or capitalizing on an
The assignments in this course are framed around a scenario in which you are hired by a company as a consultant to provide a recommendation on solving a challenge or capitalizing on an opportunity. You will draw upon your knowledge and skills around operations, finance, marketing, leadership, etc. for each assignment. The assignments will be completed in a PowerPoint presentation template and will be combined into a final pitch deck that you can add to your portfolio. In your Week 3 assignment you shared important data and insights about your company. In this assignment, you will continue in your role as a hired consultant and analyze that data to create a recommendation for your company to either solve a problem or capitalize on an opportunity. This will be the 2nd part of your pitch deck presentation.
Instructions:
The assignment must be completed in the provided PowerPoint template.
- Download and save the Week 6_Assignment_Template [PPTX] Download Week 6_Assignment_Template [PPTX].
- Follow the guidelines provided in the Strayer Library: SWS Guidelines for Slideshow Presentations
- Review the rubric carefully before you begin working on the assignment.
- Using the template, create an eight-slide presentation that will be part of a pitch deck for the company that hired you as a business consultant.
- Each slide should include 1-2 paragraphs of speaker notes that will be utilized to explain the content to the company leadership during your presentation. (Note: A video tutorial has been provided under the resources section below)
For Slide 1. Title slide – add the name of the company as a subtitle and your name and the date.
For Slide 2. Identify one challenge or opportunity that you will address as a consultant. In your speaker notes, explain the basis or rationale behind this selection. Remember, you are creating a pitch to the company leadership. Convince them why they should address this challenge or opportunity.
For slides 3-4 research close competitors of the company to determine their approach to a similar challenge or opportunity.
- Slides 3-4. Analyze similar solutions for the challenge or opportunity from two competitors. Be sure to provide specific, relevant details to connect the competitors' approach to your recommendation. (Detailed explanation should be placed in the speaker notes.)
- Sides 5-7. Recommend an approach to solve the challenge or capitalize on the opportunity identified for the company. Include specific details explaining which areas in the company would be the focus of your recommendation. (e.g. human resources, management, accounting/finance, marketing, etc.) (Detailed explanation should be placed in the speaker notes.)
- Slide 8. Sources slide. Use three or more quality sources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source slide at least one time within your assignment.
- For help with research, writing, and citation, access the library.
Produce writing that is clear and well organized and applies appropriate Strayer Writing Standards (SWS) style. Writing contains accurate grammar, mechanics, and spelling.
This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
Resources
The following tools available in the Strayer Library will help you with your research:
- Company, Industry, and Market Research using Business Source UltimateLinks to an external site. (Start with this resource – it will be very helpful as you search for specific information.)
- Business Source Ultimate Library Guide
- Business Source Ultimate Database (Tip: Search for case studies as a document type, could also add a NAICS code based on industry and then type the type of issue into the search bar.)
- Market Line Company Profiles – Type the company name in the 2nd field. (Note: Your company may or may not be listed here.)
- SWOT analyses can be found under the publication type
- IBISWorld Database – Library Guide (This is a good resource for researching competitor information.)
- Library of Congress Research GuidesLinks to an external site. (See their left-hand menu – use this resource to look for competitor information on public and private companies.)
The following websites can provide helpful data on budgets and spending:
- U.S. National Debt: Implications for Organizations
- Government spending (Mind map)
- Fiscal Data US Treasury Dept.Links to an external site.
- USA SpendingLinks to an external site.
There are also many other relevant internet resources (e.g., Yahoo Finance).
Video Tutorial: How to Add Speaker Notes in PowerPoint:
I've uploaded the week 3 Assignment just in case you may need it
I have also included the new template with guideline
10/23/2023
Business Consulting
Plan
SpaceX
Edward Williams
PRESENTATION TITLE
1
Company Background
Founded: SpaceX, or Space Exploration Technologies Corp., was founded in 2002 by Elon Musk.
What they do: SpaceX is a private aerospace manufacturer and space transportation company. They are known for developing advanced rocket technology and spacecraft to enable space exploration.
Who they serve: SpaceX serves both governmental and commercial clients. They partner with organizations like NASA and provide launch services for various satellite and cargo missions (Seedhouse, 2021).
Mission statement: SpaceX's mission is to make life multi-planetary, enabling human colonization of other planets, with a focus on Mars. They aim to reduce space transportation costs and make space accessible for humanity's long-term survival.
Vision statement: SpaceX envisions a future where humans can live on other planets and have a sustainable presence beyond Earth, ensuring the survival of the human species.
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PRESENTATION TITLE
SpaceX, founded in 2002 by Elon Musk, is a prominent aerospace manufacturer and space transportation company. The company's primary mission is to reduce space exploration costs and enable the colonization of Mars. SpaceX is renowned for its ambitious projects, including the development of the Falcon and Starship rockets, as well as the Dragon spacecraft, all of which aim to make space travel more accessible and efficient. The company serves a wide range of clients, including NASA, various international space agencies, commercial satellite operators, and even private individuals interested in space tourism (Seedhouse, 2021).
SpaceX's mission is to make life multi-planetary by enabling the human colonization of Mars and ensuring the survival of humanity beyond Earth. Their vision encompasses building a sustainable, self-sufficient human presence on Mars while revolutionizing space technology and transportation. By reusing rockets and spacecraft, SpaceX strives to make space exploration more affordable and sustainable, thereby expanding the possibilities of human space travel and ensuring the long-term survival of our species.
2
Key Executives
Elon Musk – CEO and Founder.
Gwynne Shotwell – President and COO.
Tom Mueller – Senior Advisor for Propulsion Engineering.
Chris Thompson – Vice President of Structures Engineering.
Steve Davis – Senior Advisor for Advanced Projects.
Hans Koenigsmann – Vice President of Build and Flight Reliability.
Bret Johnsen – CFO and Senior Vice President of Finance.
Tim Hughes – Senior Vice President of Human Resources and Administration.
Mark Juncosa – Vice President of Software and Information Technology.
Benji Reed – Senior Director of Human Spaceflight Programs.
Location and Employees
SpaceX, headquartered in Hawthorne, California.
The company was founded by Elon Musk in 2002
The company's workforce continues to grow as it pursues its various space missions and projects, including the Starship program and satellite launches (James, 2023).
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Operations
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PRESENTATION TITLE
SpaceX, also known as Space Exploration Technologies Corp., is an American aerospace manufacturer and space transportation company founded by Elon Musk in 2002. The company is headquartered in Hawthorne, California, USA. As of my last knowledge update in September 2021, SpaceX had a growing workforce with thousands of employees worldwide. In addition to its headquarters in California, the company operates various facilities, including launch sites and test facilities in locations such as Cape Canaveral, Florida, and Boca Chica, Texas (James, 2023).
SpaceX's key executives, under the leadership of Elon Musk, include Gwynne Shotwell, who serves as the President and Chief Operating Officer (COO), overseeing the company's day-to-day operations. Additionally, other notable figures in the company included Tom Mueller, a propulsion expert who played a key role in developing SpaceX's rocket engines, and Hans Koenigsmann, who held the position of Vice President of Build and Flight Reliability, focusing on ensuring the reliability of SpaceX's spacecraft and rockets. Keep in mind that organizational structures and personnel can change over time, so it's advisable to refer to the latest information for the most accurate details on SpaceX's employees and key executives.
3
Company Financial Data
Elon Musk's SpaceX is a private firm that builds rockets and spaceships.Its worth has skyrocketed in recent years, now over $100 billion.
Satellite launches, cargo deliveries, and contracts with NASA account for the bulk of the company's income.
Musk's personal contribution has been vital in SpaceX's ability to obtain many financing rounds (James, 2023).
Its financial reports and disclosures include information on the company's income, costs, and other key metrics.
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PRESENTATION TITLE
SpaceX, founded by Elon Musk in 2002, is a private aerospace manufacturer and space transportation company. Although specific financial data is not provided here, as of my last knowledge update in September 2021, SpaceX had made significant strides in the space industry. It had secured several rounds of funding, valuing the company at over $100 billion. Its notable achievements included the successful launch of the Falcon Heavy rocket and the development of the Starship spacecraft, intended for future missions to Mars (James, 2023).
The financial data of SpaceX would typically include revenue, profit margins, research and development expenses, and capital expenditures. These figures are essential for assessing the company's financial health and its ability to sustain and expand its space exploration ventures. Detailed financial analysis, including trends over time, would be crucial to understand SpaceX's long-term viability and growth potential. Please ensure you provide up-to-date financial figures, charts, and graphs in your assignment, as financial data can change rapidly, and the company may have achieved further milestones since my last knowledge update in September 2021.
4
SWOT Analysis
Strengths
Technical prowess with Falcon and Starship rockets.
Reusable rocket tech reduces launch costs.
Proven track record with successful missions.
Partnerships with NASA for ISS resupply (Seedhouse, 2021).
Opportunities
Expanding satellite deployment market.
Global internet coverage through Starlink.
Potential in space tourism.
Steady income from government partnerships.
Revenue from commercial satellite launches and exploration missions (Gagnon, 2021).
Weaknesses
Intense competition in the aerospace industry.
Occasional setbacks like rocket failures.
Regulatory hurdles and safety concerns.
Dependence on government contracts and subsidies.
Vulnerability to political and economic changes
Threats
Competition from well-funded companies like Blue Origin and China.
Regulatory uncertainty and government funding shifts.
High-risk nature of space exploration.
Geopolitical tensions affecting international partnerships.
Global economic downturns impacting market dynamics.
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PRESENTATION TITLE
Strengths: SpaceX is known for its technical prowess, marked by the successful development and deployment of the Falcon and Starship rocket families, offering cost-effective access to space. Their reusable rocket technology has revolutionized the industry, significantly reducing launch costs. The company has a robust track record with a multitude of successful missions, including partnerships with NASA for resupplying the International Space Station. Furthermore, SpaceX's ambitious vision for the colonization of Mars, demonstrated by Starship development, keeps it at the forefront of space exploration (Gagnon, 2021) .
Weaknesses: One notable challenge is the intense competition within the aerospace industry, with companies like Blue Origin and established players like Boeing and Lockheed Martin vying for contracts and market share. Additionally, SpaceX faces occasional setbacks, such as rocket failures or regulatory hurdles. Maintaining their aggressive launch schedule while ensuring safety remains a balancing act. There's also a strong dependence on government contracts and subsidies, which could be a vulnerability if political or economic factors change.
Opportunities: SpaceX has various growth opportunities, including an expanding market for satellite deployment, global internet coverage through the Starlink project, and potential space tourism. Continued partnerships with governmental space agencies like NASA provide a steady source of income, while commercial contracts for satellite launches and interplanetary exploration missions offer substantial revenue potential. Additionally, SpaceX can leverage its expertise in reusability to stay competitive and drive down launch costs.
Threats: Emerging competition from well-funded companies like Blue Origin and China's growing space program pose significant threats. Moreover, an unpredictable regulatory environment and potential shifts in government priorities could affect SpaceX's funding and strategic plans. The high-risk nature of space exploration and rocket development also entails the danger of catastrophic accidents, which could damage SpaceX's reputation and financial stability. Geopolitical tensions and global economic downturns may impact the company's international partnerships and market dynamics.
5
Challenges or Opportunities
Challenges:
Regulatory Hurdles: SpaceX faces complex regulations in space activities, which can slow down projects.
Technical Challenges: Developing reusable rockets and interplanetary spacecraft is highly complex and risky.
Competition: Competing with other aerospace companies for government contracts and commercial launches.
Safety Concerns: Ensuring astronaut safety on crewed missions is a top priority (Berger, 2023).
Opportunities:
Expanding Space Economy: Rising demand for satellite launches and space tourism.
Mars Colonization: Pioneering human presence on Mars offers immense scientific and commercial opportunities.
Satellite Internet: Starlink, SpaceX's satellite internet venture, can revolutionize global connectivity.
International Collaboration: Partnering with other nations on space exploration can lead to shared opportunities.
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PRESENTATION TITLE
SpaceX, founded by Elon Musk, presents a unique blend of challenges and opportunities in the aerospace industry. On one hand, the company faces significant challenges in its mission to revolutionize space travel. Developing reusable rockets, such as the Falcon 9, has been a monumental technical and engineering feat, requiring immense resources and innovation. Furthermore, SpaceX is venturing into uncharted territory with its plans for interplanetary travel and colonization of Mars, which brings unprecedented technological and logistical challenges. The competition in the aerospace sector is fierce, with established players like NASA and Boeing, which adds another layer of challenge for SpaceX (Berger, 2023).
Conversely, the company also enjoys a myriad of opportunities. SpaceX's successful execution of reusable rocket technology significantly lowers the cost of accessing space, potentially making it more accessible for a variety of commercial and scientific ventures. The growing satellite market, along with plans for space tourism and satellite internet services through Starlink, offers lucrative opportunities. Moreover, the ambitious Mars colonization plan can revolutionize the future of humanity and expand the scope of human civilization. SpaceX's disruptive approach and innovative spirit position the company to play a pivotal role in shaping the future of space exploration and travel, bringing transformative opportunities in the process.
6
Sources
Berger, E. (2023). Liftoff: Elon Musk and the desperate early days that launched SpaceX. William Collins.
Gagnon, B. (2021). Elon Musk (Space X) has gone nuts. Space Education & Strategic Applications, 2(1). https://doi.org/10.18278/sesa.2.1.3
James, A. (2023). Elon Musk. Space X.: Pioneer or pirate. via tolino media.
Seedhouse, E. (2021). SpaceX: Making commercial Spaceflight a reality. Springer Science & Business Media.
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PRESENTATION TITLE
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Date
Business Consulting Plan Part 2
Subtitle
Name
PRESENTATION TITLE
1
Challenge or Opportunity
Use this space to add the information required in the assignment instructions. Don’t forget your detailed speaker notes to explain your basis or rationale. (delete this guidance text)
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PRESENTATION TITLE
Add speaker notes here. The speaker notes should be 1-2 paragraphs per slide and would serve as the narration as you explain each slide during the pitch to company leadership. Remember to be convincing so the company will buy in to your pitch.
2
Competitor 2 (replace with name)
Content text here.
Competitor 1 (replace with name)
Content text here.
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Competitor Solutions
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PRESENTATION TITLE
Add speaker notes here. The speaker notes should be 1-2 paragraphs per slide and would serve as the narration as you explain each slide during the pitch to company leadership. Remember to be convincing so the company will buy in to your pitch.
3
Competitor Solutions
(This is the 2nd slide for analysis of competitor solutions. Use this space to add additional information as required in the assignment instructions. Be sure to add detailed speaker notes and don’t forget to delete this guidance text.)
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PRESENTATION TITLE
Add speaker notes here. The speaker notes should be 1-2 paragraphs per slide and would serve as the narration as you explain each slide during the pitch to company leadership. Remember to be convincing so the company will buy in to your pitch.
4
Recommendation Subtitle (use this space to add a catchy subtitle for your recommendation)
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PRESENTATION TITLE
No speaker notes required for this transition slide.
5
Recommended Approach
There are two slides for the recommendation. Use this space to add the information required in the assignment instructions. Be specific and add detailed speaker notes – don’t forget to delete this guidance text.
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PRESENTATION TITLE
Add speaker notes here. The speaker notes should be 1-2 paragraphs per slide and would serve as the narration as you explain each slide during the pitch to company leadership. Remember to be convincing so the company will buy in to your pitch.
6
Recommendation Focus
(Use this space to further detail your recommendation. Include images, charts, graphs, tables, etc. as needed Include detailed speaker notes and delete this guidance text.)
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PRESENTATION TITLE
Add speaker notes here. The speaker notes should be 1-2 paragraphs per slide and would serve as the narration as you explain each slide during the pitch to company leadership. Remember to be convincing so the company will buy in to your pitch.
7
Sources
Refer to the SWS Guidelines for Slideshow Presentations link in the assignment instructions to complete this slide (delete this guidance text).
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PRESENTATION TITLE
No speaker notes required for this slide.
8
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trayer Writing Standards (SWS)
· SWS Home
· Citing Sources Toggle Dropdown
· All SWS Virtual Events This link opens in a new window
· Citation Generators Toggle Dropdown
Use these rules when working on a PowerPoint® or slideshow assignment.
·
· Open this file to see what a completed slideshow looks like.
·
· Save this file to your computer and each time you open it, it will create a blank template. (In-text citations and source list entries are not automatically added in this template.)
PowerPoint ®/Slideshow Checklist
Design
· Use a background color or image on slides.
· Use Calibri, Lucida Console, Helvetica, Futura, Myriad Pro, or Gill Sans font style.
· Use 28–32-point font size for the body of your slides (based on your chosen font style). Avoid font sizes below 24-point.
· Use 36–44-point font size for the titles of your slides (based on chosen font style).
· Limit slide content (7 or fewer lines per slide and 7 or fewer words per line).
· Number slides when the assignment requires 3 or more slides. Place numbers wherever you like (but be consistent).
· Include appropriate images that connect directly to the slide content or presentation content.
Title Slide
· Include the assignment title, your name, course title, your professor’s name, and the date of submission on a dedicated slide (first of submission).
Develop
· Use appropriate language and be concise.
· Write in active voice when possible.
· Use spelling/grammar check and proofread to keep work error free.
Cite Credible Sources
· Provide credible sources to support your ideas/work when required.
· Cite sources throughout your work when you borrow someone else’s words or ideas.
· Don’t forget: Cite and add your textbook to the Source List if used as a source.
· Sources may be provided on a slide-by-slide basis (providing Source List entries at bottom of slide where source referenced) or in a comprehensive Source List at the end of slideshow.
Build a Sources List
· Include a Sources List slide when the assignment requires research or if you cite the textbook.
· Type “Sources” centered horizontally on the first line of the Source List slide.
· Record the sources that you used in your assignment in a numbered list.
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