\u00a0\u00a0
\nApplying the Five Disciplines of Growth
\nPurpose:
\nThe purpose of this assignment is for you to learn to apply the Five Stages of Small Business Growth model and the Five Disciplines of Growth management theory to a real-world scenario. \u00a0Learning how to apply management theories to the mistakes made in a business will help students know how to make the best decisions for growth.
\nYou will demonstrate research and writing skills, the ability to identify and use source material, use critical thinking skills in the application of the course material and use APA to support ideas, reasoning, and conclusions presented in the project ( help with nursing paper writing from experts with MSN & DNP degrees).
\nOutcomes Met By Completing This Assignment:<\/p>\n
demonstrate \u00a0\u00a0\u00a0\u00a0\u00a0an understanding of the small business environment and how to manage in a \u00a0\u00a0\u00a0\u00a0\u00a0global marketplace
\nevaluate \u00a0\u00a0\u00a0\u00a0\u00a0and measure forward-thinking enterprise strategies relevant to \u00a0\u00a0\u00a0\u00a0\u00a0sustainability and succession through innovation<\/p>\n
Instructions:
\nRead the following case scenario:
\nHannah\u2019s Hats is an online hat retailer with a brick-and-mortar store in Chicago, Illinois. The company has 27 employees and was founded by Hannah Hanks in 2008. \u00a0At that time, Hannah was a single mother of 3-year-old twin boys. \u00a0After five years, sales were $1 million. The company topped $7 million in 2015.
\nHannah\u2019s Story
\nWorking as a freelance children\u2019s clothing buyer, Hannah Hanks could work from home and have the time to be a \u201cproper\u201d mother to her twins, Harry and Harold. This was important to her and to her husband Howard, a software designer. \u00a0However, on one cold night in November, Hannah was contacted by local police who informed her that her husband had been killed in an auto accident. \u00a0He was returning to the office after having been to see a client in the Chicago suburb of Arlington Heights. \u00a0
\nDevastated by the news, Hannah did everything she could to keep herself together for the kids. She needed help; she decided to send them to day care three days a week so she could deal with getting her life together. \u00a0Everyday Hannah noticed the caretakers trying to find the hats and mittens of the children when she came to take the boys home. Hannah noticed that the many of the children had mitten clips that seem to help reduce the number of lost mittens. \u00a0The hats; however, were another matter.
\nChicago winters are exceptionally bad for children because the wind whips across Lake Michigan and freezes every part of the face that requires using moisturizer especially the mouth. While many of the children\u2019s coats had attached hoods, this was not enough. Parents used wool scarfs tied around the children\u2019s face (below the eyes) to stop the painful feeling of the cold. \u00a0The scarves were awkward and bulky for the children who often pulled them off or dropped them in their travels. \u00a0Hannah decided to design a hat that could be attached with Velcro onto a coat hood or a coat collar and designed to fit closely around the mouth, nose, ears, and eyes of a child just like a ski mask. The hat could be easily attachable relegating the need for scarfs to the past. \u00a0Hannah knew the hat could come in a variety of colors and have various child-friendly designs.
\nSeveral months passed. \u00a0Hannah discovered that payments from Howard\u2019s workmen\u2019s compensation and from his life insurance would provide her and the children some financial freedom for years if invested wisely. \u00a0Hannah thought a better way to change her family\u2019s life would be to invest some portion of the money in her hat idea. \u00a0Founded as a small storefront shop near Marshall Fields, Hannah\u2019s Hats also developed a loyal following online. Through its creative use of social media, sales took off. \u00a0She expanded her product line to include matching winter gloves and socks.
\nBeginning in the fall of 2012, Hannah fell into the trap of thinking that the success in selling children\u2019s hats could be directly applied to successfully selling hats to adults. The company invested $150,000 in new designs and inventory for attachable hats for adults. By offering seasonal products for the whole family, Hannah thought Hannah\u2019s Hats would double their sales in three to five years.
\nWith visions of becoming a destination store like LL Bean\u2019s flagship store, Hannah\u2019s Hats moved from its old store near Marshall Fields to a large space on the Navy Pier. \u00a0This cost Hannah\u2019s Hats $25,000. \u00a0Hannah also moved the warehouse from a 10,000 sq. ft. space near the old store to 20,000 sq. ft. closer to her home in Arlington Heights. \u00a0This location was considerably further from the store.
\nAs the boys grew older, Hannah left most of the work to her staff. She set out to increase the sales through travel and spent most of her time marketing project ( help with nursing paper writing from experts with MSN & DNP degrees)s through numerous marketing initiatives. \u00a0She was determined to have her hats available to every possible cold weather clothes customer. \u00a0She introduced numerous marketing initiatives, including a partnership with Blizzard Relief, an organization intended to increase awareness of the clothing needs of the homeless during massive cold weather storms.
\nTo sustain these efforts, Hannah Hats bulked up its marketing staff that consisted of Hannah and three of the employees who worked in the warehouse. Gradually, the marketing team grew to 5 full-time employees. Additionally, Hannah hired an IT person to handle the online store.
\nFrom 2008 to 2015, Hannah\u2019s Hats grew at an annual rate of as much as 50 percent. Hannah\u2019s talks and marketing pitches to large retailers attracted the attention of two investors. \u00a0The investors told Hannah that with their help she could grow the company to be a $75 million dollar business. \u00a0Hannah began to think bigger, \u201cIf the investors think they can grow Hannah\u2019s Hats to be a $75 million-dollar business, why can\u2019t I\u201d? \u00a0This plan became her objective. Hannah doubled her marketing trips and went after Walmart and Target to broaden her customer base. \u00a0Although both companies liked her product, they felt that a cheaper version was needed.
\nHannah put in place many strategies to grow even larger. \u00a0She was sure her efforts would pay off in increased sales. Just the same, in March of 2016, sales flattened. Expenses spiraled upwards. \u201cWe were spending too much money marketing\u201d, Hannah thought. Hannah Hats\u2019 sales were dropping slowly. \u00a0Hannah limited what she had been taking as a salary to buy time to rethink her growth plans. \u00a0Her expansion plans were put on hold. Employees were worried. Morale suffered as well. Hannah Hats was no longer the family business where employees shared personal updates during morning huddles.
\nInstructions:
\nWrite an Introduction
\nCreate the introductory paragraph. \u00a0The introductory paragraph is the first paragraph of the paper and tells a reader the main points covered in the paper. \u00a0
\nWrite the body
\nYou will use the 5 Stage Life Cycle theory and the Five Disciplines of Small Business Growth to analyze Hannah\u2019s growth plans mistakes. The paper should discuss the following:<\/p>\n
Write \u00a0\u00a0\u00a0\u00a0\u00a0a synopsis of the \u201cFive Stages of Small Business Growth\u201d Model and \u00a0\u00a0\u00a0\u00a0\u00a0why it is a useful management tool.
\nIdentify \u00a0\u00a0\u00a0\u00a0\u00a0the stage Hannah\u2019s Hats was in when Hannah began her growth plans and what \u00a0\u00a0\u00a0\u00a0\u00a0implications the stage should have had for her plans.
\nGive a \u00a0\u00a0\u00a0\u00a0\u00a0synopsis of the \u201cFive Disciplines of Growth\u201d management theory.
\nApply \u00a0\u00a0\u00a0\u00a0\u00a0the theory to the case scenario identifying at least three major mistakes \u00a0\u00a0\u00a0\u00a0\u00a0that Hannah made in planning for her company\u2019s growth.
\nExplain \u00a0\u00a0\u00a0\u00a0\u00a0the reasoning behind they selection of each mistake. Include in the \u00a0\u00a0\u00a0\u00a0\u00a0discussion ways that she could have avoided each of the mistakes.
\nUsing \u00a0\u00a0\u00a0\u00a0\u00a0the theories as a guide, identify the stage of growth Hannah\u2019s Hat is \u00a0\u00a0\u00a0\u00a0\u00a0currently in and make three recommendations as to how Hannah should move \u00a0\u00a0\u00a0\u00a0\u00a0forward.<\/p>\n
Write a Summary Paragraph
\nWrite the summary paragraph. A summary paragraph restates the main topic (sample nursing essay examples by the best nursing assignment writing service)s of the paper. \u00a0Make sure to leave a reader with a sense that the paper is complete. \u00a0The summary paragraph is the last paragraph of a paper and does not need a heading.
\nReview the Paper
\nRead the paper to ensure all required elements are present. \u00a0Use the grading rubric to ensure that you gain the most points possible for this assignment.
\nProofread the paper for spelling and grammatical issues, and third person writing.\u00a0<\/p>\n
Read \u00a0\u00a0\u00a0\u00a0\u00a0the paper aloud as a first measure;
\nUse \u00a0\u00a0\u00a0\u00a0\u00a0the spell and grammar check in Word as a second measure;
\nHave \u00a0\u00a0\u00a0\u00a0\u00a0someone who has excellent English skills to proof the paper;
\nConsider \u00a0\u00a0\u00a0\u00a0\u00a0submitting the paper to the Effective Writing Center (EWC). \u00a0The \u00a0\u00a0\u00a0\u00a0\u00a0EWC will provide 4-6 areas that may need improvement.<\/p>\n
How to Set Up the Paper\u00a0
\nCreate a Word document that is double-spaced, 12-point font. \u00a0The final product will be between 3-5 pages in length excluding the title page and reference page. \u00a0Write clearly and concisely.
\nThe body of the paper should consist of a heading for each required element.\u00a0
\nAPA and writing is a main focus of this paper and should be executed with the utmost attention to detail. \u00a0In this regard, note that the project ( help with nursing paper writing from experts with MSN & DNP degrees) calls for at least one primary source. Be sure to include this resource as part of your supporting material choices. \u00a0Should you need help in any these areas of APA or writing, please refer to the APA module located in the content area of the course or ask the professor for guidance. \u00a0
\nUse the grading rubric and instructions as guides. Be sure to cover all that is asked of you in the assignment and do so in a way that will guide the professor into giving a high grade. \u00a0Finally, all work that you submit for this project ( help with nursing paper writing from experts with MSN & DNP degrees) should be your own. Remember your pledge to uphold academic integrity in all work that you prepare and submit.
\nRequirements for the Assignment
\nBefore you begin writing the paper, you will read the following requirements that will help you meet the writing and APA requirements.\u00a0<\/p>\n
Read \u00a0\u00a0\u00a0\u00a0\u00a0the grading rubric for the assignment. \u00a0Use the grading rubric while \u00a0\u00a0\u00a0\u00a0\u00a0writing the paper to ensure all requirements are met that will lead to the \u00a0\u00a0\u00a0\u00a0\u00a0highest possible grade.
\nThird \u00a0\u00a0\u00a0\u00a0\u00a0person writing is required. \u00a0Third person means that there are \u00a0\u00a0\u00a0\u00a0\u00a0no words such as \u201cI, me, my, we, or us\u201d (first person writing), nor is \u00a0\u00a0\u00a0\u00a0\u00a0there use of \u201cyou or your\u201d (second person writing). \u00a0\u00a0Contractions \u00a0\u00a0\u00a0\u00a0\u00a0are not used in business writing, so you are expected NOT to use \u00a0\u00a0\u00a0\u00a0\u00a0contractions in writing this assignment.\u00a0
\nYou \u00a0\u00a0\u00a0\u00a0\u00a0are expected to paraphrase and NOT use direct quotes. \u00a0\u00a0You \u00a0\u00a0\u00a0\u00a0\u00a0are responsible for APA only for in-text citations and a reference \u00a0\u00a0\u00a0\u00a0\u00a0list.\u00a0
\nThe \u00a0\u00a0\u00a0\u00a0\u00a0expectation is that you provide a robust use of the course readings to \u00a0\u00a0\u00a0\u00a0\u00a0support ideas, reasoning and conclusions. \u00a0
\nYou \u00a0\u00a0\u00a0\u00a0\u00a0may not use books as source material.\u00a0
\nWhen using \u00a0\u00a0\u00a0\u00a0\u00a0a source document, the expectation is that the information is cited and \u00a0\u00a0\u00a0\u00a0\u00a0referenced with a page or paragraph number. \u00a0\u00a0Note \u00a0\u00a0\u00a0\u00a0\u00a0that a reference within a reference list cannot exist without an \u00a0\u00a0\u00a0\u00a0\u00a0associated in-text citation and vice versa. \u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
\u00a0\u00a0 Applying the Five Disciplines of Growth Purpose: The purpose of this assignment is for you to learn to apply the Five Stages of Small\u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10099,10681,7636,615,10892,10680,10891],"tags":[10553,10616,10254,10896,10897,10247,10295,10898,10893,10894,10895,10899,10551],"class_list":["post-126302","post","type-post","status-publish","format-standard","hentry","category-buy-essay","category-cheap-dissertation-help-online","category-cheap-essay-writer-usa","category-homework-help-writing-service-usa","category-page-paper","category-university-dissertation-writing-service","category-write-my-assignment-ireland","tag-1-assignment-help-online-service-for-students-in-the-usa","tag-australian-best-tutors","tag-can-someone-write-my-assignment-for-me","tag-case-study-in-nursing-writing-a-nursing-case-study-essay","tag-free-nursing-case-studies","tag-help-me-write-my-dissertation","tag-homework-for-you","tag-nursing-case-study-assignment-examples","tag-nursing-case-study-examples","tag-nursing-case-study-presentation-example","tag-nursing-case-study-questions-and-answers","tag-student-nurse-case-study-assignments","tag-write-my-assignment-help-for-college-students"],"_links":{"self":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/126302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/comments?post=126302"}],"version-history":[{"count":0,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/126302\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/media?parent=126302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/categories?post=126302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/tags?post=126302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}