Business Operations Research Events Existing business/organization Research business - Which generational group do they currently serve? Develop a plan to reach an underserved generational group - Marketing mix 4 P’s - Human resources strategy(ies) Student(s) interact with a local business and the customers they can have access to. 6 distinct groups Puzzle Piece #1 6 Generational Groups G.I. Generation Generation X Age 90 – 104 Age 39 – 49 Greatest Generation Silent Generation Age 69 – 88 Traditionalists Forgotten Generation Gen X /MTV Generation Generation Y Age 14 – 33 Millennials / Echo Boomers Generation Why / Gen Y Baby Boomers Generation Z Age 50 – 68 Born after 2001 Moral Authority / Hippies Tweens / Boomlets Google Generation New Silent Generation Generational Group Activity (6 volunteers) • Generation / Age • Descriptive Word(s) • Music • Candy • Trouble in school • Telephone *handout Participant Consultant in a single-unit or independent operation Judge Owner/Manager Participant Judge BOR BMOR FOR HTOR SEOR Business Services Buying & Merchandising Finance Hospitality & Tourism Sports & Entertainment Old Spice Generational Group – Silent Generation New focus – Gen Y – young men 14 – 33 (underserved) NFL Gear Generational Group – Gen X & Gen Y – Males New focus – Gen Y – Women (underserved) GoPro Generational Group – Gen X – Y Game Group Red Bull Junkies (18-35) New focus – Gen X / Gen Y – New Parents & Pet Fanatics / Baby Boomers 35 - 60 (not previously targeted) The Landing in Renton Alpine Hut From Kelly McGarry Red Bull Rampage 2013 GoPro • Selfies • Pets • Children *capture compelling, immersive photo & video of yourself doing your favorite activities To Dubstep Baby #4 BOR Sections Eval Pts Pages Executive Summary 5 1 Describe business 3 1.70 Describe community 3 1.70 Target market 3 1.70 Research methods 6 3.30 Process used 6 3.30 Findings 4 2.30 Conclusions 4 2.30 Strategic plan 6 3.30 Activities 6 3.30 Metrics - Key Pi’s 6 3.30 Budget 4 2.30 Appearance 4 n/a Bibliography 0 1 60 29.50 Puzzle Piece Recommended Section Lengths Based On Point Value