Wednesday, September 24, 2020 Case Study #1 Project Leadership Management (SEC.001) Instructor Professor Joan Rempel Group Members Ali, Zarghami Tehran…….. 0799 /azargham@my.centennialcollege.ca Anita, Ifeadi………………. 7132/ aifeadi@my.centennialcollege.ca Elnaz, Mahboubi Nabiyi…………4523/emahbou1@my.centennialcollege.ca Pooja Avan, Rai………… ……....9641/prai@my.centennialcollege.ca Venessa, Bandiera…………. ……9112 / vbandier@my.centennialcollege.ca 1 Wednesday, September 24, 2020 1) How do Thornton’s experiences in professional sports and in restaurant management assist him in running GPI? Does the fact that he is a minority help or hinder him personally in business? The story of Thornton’s career illustrates how his previous professions gave him the knowledge and experience that he required to run GPI successfully. Running multiple restaurant branches allowed Thornton to realize the difference between wealth and money. Furthermore, he began to use his businesses as tools to grow wealth, along with understanding the nature of a successful entrepreneur. Moreover, his understanding of teamwork from his time playing for the Cleveland Indians gave him the ability to collaborate with others in order to reach a common goal. Thornton states, “whenever you are dealing with people who are trying to accomplish a single thing, that is the definition of a team.” (Thornton, 2006). Thornton also learned the importance of keeping one’s objective in mind and persevering, no matter how successful or unsuccessful one’s business is. It is Andre’s responsibility to ensure that the myths which are perceived against GPI, such that it is a second- rate company and that they have a lack of funding, are contrasted. Thornton will discredit those myths by creating presentations for future clients to ensure them that GPI can cater to large client accounts. The advantage that Thornton obtains being a minority in the corporate business world is his network from his baseball career. Having played for a National organized sports team there are many opportunities may present themselves should Thornton seek additional funding or product sourcing for GPI. Although not all minority-owned businesses may have the ability to look to their networks should require additional business resources, they can look to their outside resources; their 2 Wednesday, September 24, 2020 customers to help influence the influx of their business. In Canadian businesses present day, we have seen huge changes in our market. Consumers can not be so easily swayed by large corporations to buy products that have been mass-produced and made unethically. Today, our consumers would rather spend the extra amount and purchase a product sourced from an ethical environment that gives them the opportunity to be a part of a niche customer community. Minority- owned, women-owned or small owned businesses are the preferred choice of today’s consumer because we have reached a point in business where company culture outweighs cost and convenience. 2) What does GPI have to offer its clients? Does the fact that it is a minority vendor help or hinder the company? Basically, GPI is a procurement management Company. They are offering various products to their clients, such as: 1) Hospital Apparel & Linens 2) Corporate Uniforms 3) Corporate Stores 4) Promotional Merchandise 5) IT & Creative Development Serving three major sectors: 3 Wednesday, September 24, 2020 1) Financial 2) Health Care 3) Business & Industries It provides a variety of products and services, including an incentive program for small and large co-operation. It designs programs around the area and provides products and services to these areas. As a minority business GPI, faces stereotypes and myths foreshadowed in its business. The current market shares in the assumption that because GPI is a minority business, the quality will be bad; the market is sceptic and mistrusts the integrity of the company. The market automatically assumes that because it is a minority business, they would lack financing and will be unable to perform. Although the systems set up in the market are set for GPI to fail, the company constantly works to debunk those myths. For example, when preparing for a presentation, one strategy that they use is to prepare presentations to discredit myths in the minds of potential clients right from the very beginning. The company constantly has to prove to potential clients that they are capable of handling global and international clients and services. What drives business is the demographics; this is identified as a business pressure, and because we live in a global world with a diverse demographic, GPI caters to the business pressures of the fastest growing demographic who are the minorities in America. This is what drives the minority business to be successful and to want to make an impact. 4 Wednesday, September 24, 2020 References McGraw-Hill. (2006). Andre Thornton [video file]. Retrieved from https://www.viddler.com/embed/543cc3df/?f=1&autoplay=0&player=full&disablebranding=0 5