March 2013 PDM

March 27, 2013
5:45 PM to 9:00 PM
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Newlands Golf & Country Club
21025 48th Avenue
Langley, BC V3A 3M3
http://www.newlandsgolf.com/
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Whether you are doing a start-up, or looking at some new products to renew your catalogue, there are a variety of things that you can do to make sure the company will grow and be profitable.  Walter will discuss these from the position of the company, the customer, the supplier, and the employee.  What combination of factors will be critical in making sure your company survives and prospers.

We will discuss the 5 M’s of a business.  What is the Magic of your company?  What is the Market the company is looking to sell into with that magic.  Does the company have the Management structure to make this happen?  If not, what slots are currently need to be filled. Then  there is the important question, what will we do for Money?  Do we access the three F’s, Friends, Family and Fellow workers?  Last but not least, how do we keep up the Momentum?

Another excellent model is the Business Model Canvas by Osterwalder.  The 9 segments of the Business Canvas will be shown, and we will discuss how to populate these segments on the business canvas model.  We will look at some of the current books available to help you get started.

One of the outcomes of this presentation will be that the managers present in the audience will be in a better position to stand back and take a good hard look at what they are making or planning.  Is their product what the customer is looking for in these changing times?  Have they done the marketing to determine not just their audience, but the price points and features that the customer is looking for?  Do they then have the skill set to execute the build of this new product, or should they look to outsource the production?  Have they set aside enough budget to cover what is expected, and even more importantly, what might be a surprise.  What will they have to do if they need to pivot during the process?

Our Guest Speaker


Walter Wardrop, P.Eng

Walter has over 35 years of Industrial Engineering experience.  For the last 15 years, Walter has been an Industrial Technology Advisor with the NRC-IRAP program.  During that time Walter has visited over 1000 companies, advising them on everything from start-up and new project management, to innovation and productivity improvement.  Walter has a B.Sc in Engineering-Physics, a P.Eng in Industrial Engineering, and is an ASQ Certified Quality Engineer.

This event will be recorded on photo and video.