Team diary Team 6: Ritchelle, Suresh, Annya, Leenet Meetings + Dates Completed for Individual Tasks 1st meeting on February 12: -Created a WhatsApp group - decided on an idea. Our first team meeting and discussions took place in WhatsApp group chat. We decided to use this apps to communicate and messaging information concerning our team project. We discussed to divide our tasks concerning the Business Model Canvas (BMC). We then suggested that we must watch the videos in canvas to further understand the concept of the BMC. We distributed to each team members the following BMC by parts to work individually on the concept. - Leenet Value propositions Customer segments - Annya Channels Customer relationship - Ritchelle Revenue streams Key resources - Suresh Key partners Key activities Costs On February 13 we shared the BMC templates and discussed some guidelines on how to go through with it. And on February 14 we made an outline draft for the BMC and proposed a business idea. Overview: We combined from the business idea of Leenet, Suresh & Ritchelle. In addition, as Ritchelle suggested that a grill restaurant is not so common and might have a good potential in the metropolitan area. Suresh – Three friends wellbeing restaurant (Vegan� food concept) - Budgetary Students price discounts Loyal customer Leenet – Casual dining - Vintage/ modern interior design - Led lights/ jukebox music. Ritchelle - Café-hon coffeeshop - Exotic delicacies - Nutritional snacks - Local products - Price/quality - Tropical interior design (Philippine tourism attractions) Casual Dining The ambiance of casual dining restaurants varies greatly based on the brand and intended customer base, but most share the following qualities: Moderately-priced menus Table service Low-key atmosphere Unique decor €€ OR: Contemporary Casual Recently, contemporary casual restaurants have emerged. These types of eateries are modern and trendy with a distinct brand. Many follow eco-friendly protocols and serve unique, healthy food options featuring fusion cuisine. Usually table service Modern casual yet trendy atmosphere Emphasis on visuals with Instagram-worthy decor and food presentation €€ - €€€ GRILL RESTAURANT THE BUSINESS MODEL CANVAS (BMC) 1. Value Propositions (VP) - Menus (food and drinks) - Attractive prices - Seat’s availability and interior design - Fast delivery time - Special holiday promo - Kid’s area 2. Customer Segments (CS) - Families - Communities - Office staff / employees - Students etc. 3. Channels (CH) - On site (at the restaurant) - Online sales - Social media (FB, Twitter, LinkedIn) 4. Customer Relationship (CR) - Customer feedback - Membership, discount - Loyalty programs 5. Revenue Streams (RS) - Earned from food and drinks. - Desserts - Special occasions (birthdays, anniversary, office party etc.) - Membership programs etc. 6. Key Resources (KR) - Location of the restaurant - Staff members (chefs, waiters) - Capital 7. 8. 9. - Special recipes Key Partners (KP) Suppliers for raw materials Event organisers (weddings, etc.) Food service delivery (Foodora, Wolts) Key Activities (KA) Cleanliness and comfortability Quality - good raw materials Well trained staff Cost Structure (CS) Includes salaries. Expenses for the raw materials Partner commissions Other costs include (KP, KA, KR) We have created our first BMC template. February 16: -We completed the team agreement Team agreement Together discussed and agreed team rules will be written down in the team agreement. The agreement requires all team members to act in accordance with the agreed rules. The purpose of the team agreement is to clarify and facilitate the teamwork during the project. Project´s name Business Plan – Team6 Project´s targets Team´s targets Team Responsibilities and roles (write here other roles also, e.g., who is responsible for communication, budget, social media etc. - Understand the topic. Obtain knowledge. Develop skills. To complete the assignment while working together as a team and finishing everything within a timely manner. Meanwhile, understanding the material and being able to apply it in the future. Name of the team member Responsibilities and roles Suresh Project manager Leenet Project secretary Ritchelle Deputy project manager Annya Deputy project secretary Personal learning targets To ensure the team is on track with all the tasks that need to be completed within a timely manner. Plan the timings of the team meetings. To take notes on the key words during team discussions as well as class meetings and highlighting important dates Follow agendas/reports on the progress of the project. Coordinate, monitor, evaluate and identify challenges, collaborate in planning the details of the project. Learn how to organize team meeting and handle teamwork -Every team member is expected to be joining every online meeting we have. However, if they are unable to join the meeting, they should inform the team prior to the meeting. Presence/absences: What kind of presence/participation we are expecting from -This may be carried out through our WhatsApp group. We have created a WhatsApp group where every team member may simply each other? notify the rest of the group if they are unable to jin the meeting. How do we inform our absences? Communication: How does the team communicate? Which communication channels do we use? Active communication We communicate throughout the whole project. Text messages, phone calls, Team’s discussion We use WhatsApp and Teams for communication Zoom Responsibility of the work: The team is together responsible for the output – how do we ensure the common and equitable division of the work? Problems and conflict situations: What kind of problems/conflicts might occur? How do we resolve problem/conflict situations? How do we encourage and motivate each other? How do we thank and reward We combine the work that everyone has an equal role and a workload. Be responsible. Keep in the schedule. Openness and assist with each other. Someone is not present or doing their part on time (or at all). --> We try to communicate and find the reason for that. Help if possible. Inactive gestures Selfishness manners If we face any of the problems listed above, we will attempt to talk it through and be mindful of the reasons that may trigger such behaviors and come to common grounds. Acquire guidance and counselling from the teachers if necessary. - Feedback Teamwork harmony Compliments Positive vibes ourselves? How do we lead ourselves? - Help Team-specific additions and rules - Communication is important. No free riders Everything is done on time! Dedication and team spirit There is a possibility to upgrade the team agreement during the project, however, the updated rules must be confirmed with the new signature of all members. The team agreement will be scanned and saved in MS Project Online. We are signing the agreement and with the signature we agree to observe these together to agreed rules in this team agreement. Place, date Helsinki 16.02.2021 Signatures and names for the team members Project manager Suresh Pandey Secretary Leenet Kamel Deputy project manager Ritchelle Moncera-Hyle Deputy secretary Annya Kamel Team member February 22: -Visual identity and a rough draft of BMC were completed February 28: -Modified the BMC for the second time March 20: -The PESTE analysis was completed 3RD meeting on March 22: -Checkup on each group members progress March 29: -Third modification of the BMC 4th meeting on April 12: -Gave a deadline for the report and structure April 17th : -Checkup on team mates work at 13:00 (Target: Rough draft of report) April 21: -Final meeting adding the final touches to the report before submitting Division of Tasks in Report Ricthelle & Annya: -Introduction -Visual identity Suresh: -Competitor analysis/PESTE analysis Leenet: -`Customer segments -Value propositions -Channels -Customer relationships -Revenue streams -Key resources -Key activities -Key partnerships -Cost structure Annya: -Conclusion All of us: -Profitability template
