Tag: Model

BPMN Specification – Business Process Model and Notation #starting #your #own #business


#business process

#

Object Management Group
Business Process Model and Notation

Charter

A standard Business Process Model and Notation (BPMN) will provide businesses with the capability of understanding their internal business procedures in a graphical notation and will give organizations the ability to communicate these procedures in a standard manner. Furthermore, the graphical notation will facilitate the understanding of the performance collaborations and business transactions between the organizations. This will ensure that businesses will understand themselves and participants in their business and will enable organizations to adjust to new internal and B2B business circumstances quickly.

Current BPMN Specification

BPM Certification

The OCEB program consists of five examinations, granting five Certifications. Above the single Fundamental level, the program splits into two tracks – one Business-oriented. the other Technically oriented.

Credentials are important in the BPM world, where practitioners may work on many projects for different clients or employers over time. The twenty-five experts from top BPM companies and well-known independent consultants who designed the OCEB topical coverage and wrote the exam questions want peers and prospective employers to feel confident about a certified candidate’s ability to participate in or lead real-world initiatives in enterprise BPM. Your status as an OCEB Certified Professional shows current and future employers or clients that you have the required knowledge and skills, making you a more attractive candidate for hiring and promotion.

Frequently Asked Questions (FAQ)

The Business Process Modeling Notation (BPMN) is a graphical notation that depicts the steps in a business process. BPMN depicts the end to end flow of a business process. The notation has been specifically designed to coordinate the sequence of processes and the messages that flow between different process participants in a related set of activities.

Why is BPMN important?

The world of business processes has changed dramatically over the past few years. Processes can be coordinated from behind, within and over organizations natural boundaries. A business process now spans multiple participants and coordination can be complex. Until BPMN, there has not been a standard modelling technique developed that addresses these issues. BPMN has been developed to provide users with a royalty free notation. This will benefit users in a similar manner in which UML standardised the world of software engineering. There will be training courses, books and a body of knowledge that users can access in order to better implement a business process.

Who is BPMN targeted at?

BPMN is targeted at a high level for business users and at a lower level for process implementers. The business users should be able to easily read and understand a BPMN business process diagram. The process implementer should be able to adorn a business process diagram with further detail in order to represent the process in a physical implementation. BPMN is targeted at users, vendors and service providers that need to communicate business processes in a standard manner.

What does this mean for UML users?

The unified modelling language (UML) takes an object-oriented approach to the modeling of applications, while BPMN takes a process-oriented approach to modelling of systems. Where BPMN has a focus on business processes, the UML has a focus on software design and therefore the two are not competing notations but are different views on systems. The BPMN and the UML are compatible with each other. A business process model does not necessarily have to be implemented as an automated business process in a process execution language. Where this is the case, business processes and participants can be mapped to constructs such as use cases and behavioural models in the UML. Further white papers will follow on the mapping between these techniques.

Will there be a major rewrite?

Not for 2 or 3 years.

What is the relationship between BPMN and BPEL?

BPEL is an XML-based language for describing a business process in which most of the tasks represent interactions between the process and external Web services. The BPEL process itself is represented as a Web service, and is realized by a BPEL engine which executes the process description. BPMN is a standard set of diagramming conventions for describing business processes. It is designed to visualize a rich set of process flow semantics within a process and the communication between independent processes. It is intended to support capture of sufficient detail to allow it to be the source of an executable process description. Since BPEL is currently considered the most important standard for execution languages, a translation to BPEL is specified in the BPMN standard. By design there are some limitations on the process topologies that can be described in BPEL, so it is possible to represent processes in BPMN that cannot be mapped to BPEL. There are a few concepts, such as Ad-Hoc sub-proceses, that BPMN can represent that may not be implemented with any technology.

Click here to get your own BPMN Quick Guide.


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Model articles of association for limited companies – Detailed guidance #business #loans #for #veterans


#business articles 2010

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Model articles of association for limited companies

Contents

Amendments to model articles

The model articles were amended by the Mental Health (Discrimination) Act 2013 on 28 April 2013 to remove the provision for terminating a director’s appointment on grounds of mental health. This provision could be found in:

  • paragraph 18(e) of the model articles for private companies limited by shares or by guarantee
  • paragraph 22(e) of the model articles for public companies

You don’t have to remove the provision if it’s in your articles, but you can do so by amending your articles or by adopting the newer model articles.

Which versions apply

The latest model articles apply by default to all private and public limited companies incorporated on or after 28 April 2013.

The older model articles continue to apply by default to all companies incorporated between 1 October 2009 and 27 April 2013 (inclusive).

Table A

Table A is the name given to the prescribed format for articles of association of a company limited by shares under the Companies Act 1985 and earlier legislation.

When a company limited by shares was incorporated, it didn’t need to file articles if it used ‘Table A’ as its articles. If you want to see the regulations that govern the management of the company, you’ll need to refer to the relevant ‘Table A’ – the version which was in force at the date of the company’s incorporation.

Later versions of ‘Table A’ don’t affect a company registered before the new versions took effect.

The first prescribed format, made in The Joint Stock Companies Act, 1856, were called ‘Table B’, because they were preceded by a form of Memorandum of Association called ‘Form A’.

The articles were first called ‘Table A’ in The Companies Act 1862 and the naming convention continued for the acts which followed.

List of Table A

The following are versions of ‘Table A’ prescribed by:

Disclaimer

The ‘Table A’ documents provided above have been reproduced from the original published Acts, Order or Instruments listed above and are correct to the best of our knowledge. Companies House accepts no responsibility for any errors or omissions. Reliance should be placed solely on the relevant legislation as published by Office of Public Sector Information .

Published: 21 November 2014 Updated: 3 March 2015

+ full page history

3 March 2015 11:46am Welsh translation added 12 December 2014 12:30pm Updated with information and access to Table A. 21 November 2014 1:34pm First published.


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Tutorial: Business Model Brainstorm Tool – Template – Board of Innovation #service #business #ideas


#business models

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Design your business model:

Excel is not the most engaging innovation tool, is it? Discussions on business models often end up in total confusion. You re talking about multiple revenue streams, tens of partners, and many transactions going back and forth. It s pretty hard to keep all information top of mind, let alone be creative. That s why we developed a visual brainstorm method for this kind of challenges! Perfect for individual and team brainstorms about new business ideas. For those who are familiar with the Business Model Canvas by Alex Osterwalder. this methods works in perfect harmony!

“If you think designing a business model is complex, difficult or boring…you must try the Business Model Toolkit from the Board of Innovation! It is simply brilliant, easy and flexible at the same time. The toolkit is an amazing way of seeing and designing business models.” Maria Ana Neves, Sintese Azul (UK)

UPDATE:Get on the waiting list and be first in line to receive our new business model kit! We ll send you a notification once they are ready to ship!

So how will this tool help me?

This brainstorm kit visualizes how you plan to make money. You can set up different revenue models to compare during your brainstorm sessions. The kit is perfect to present your business idea to a large group. This tool has been developed by the Board of Innovation to bring you one step closer to bringing your idea to reality.

How do I use this tool?

Find an inspiring spot and ideally some bright minds
Start by naming all the (potential) actors in your ecosystem
Map out the initial transactions with your customers
Add other transactions with suppliers, partners, and other stakeholders
Design new business model scenarios and play around with it
Find inspiration in successful business model examples

16 BLOCKS TO VISUALIZE YOUR BUSINESS MODEL

All our business model examples are visualized with this set of 16 building blocks. To give more insight in how this works, we give a brief overview of the different building blocks. Using a common, visual language enables you to easily communicate business models to different audiences, to learn from successful models in other industries, and to quickly generate new variations and business models of the future.

Once you grasp the building blocks below, check out our business model tools to design your own business model in seconds. Share the results in your organization and let us know what you think about this method.

1. YOUR ORGANIZATION
This is where your business model starts to get shape. Place this block in the center and build your model around it.

2. THE COMPANY
The second most important block is the company. In most models this will be the actor that offers a product or service.

3. THE CONSUMER
The one that receives the product and gives something in return, is the consumer. In B2B models, the client is a company and will therefore be illustrated with the previous company icon. The general company-client relation is the same in both business systems.

4. SUPPLIER
Although we prefer not to include much of the secondary stakeholders, sometimes it is relevant to show how the supplier side of a business system works. This icon can also be used for service suppliers like web or marketing agencies.

5. NON-PROFIT
Unions or charity organizations are not focused on making money but often they do haven an impact on your organization. If relevant you can add this player to the system.

6. GOVERNMENT
Many companies do not like the involvement of a government on their business model, except when they have some money to offer.

7. PRODUCT
The first, most straightforward offer to clients is an actual product, ranging from basic commodities up to finished goods. A BMW car is one example, but today also digital products can be included.

8. SERVICE
A first way to upgrade your business model is to offer a service next to the product. BMW in this case will not only sell you a car, but will include maintenance and other services around the product. Of course, a lot of companies offer only services without product.

9. EXPERIENCE
The two concepts of product and service are commonly applied throughout our economy. In the last years, several companies have moved a step further by offering an experience to customers. BMW does not sell a car with a service in this case, but a driving experience.

10. Money
The typical currency that clients pay with, is money which is critical to company s revenue models. This is in contrast to exchange. The building blocks make a differentiation between two types of money. This first icon represents the normal value of a good, including profit.

11. LESS MONEY
This second icon represents money as well, but less than the normal amount covering cost and profit of what is offered. Usually this transaction implies that other revenue streams are added to the traditional business model.

12. REPUTATION
Today, the next upgrade to reputation can only be found in a few sectors. In these cases, ‘reputation’ selling can be described as the most essential brand experience. If you take the example of BMW, then you could say that some people don’t see their BMW as a driving experience but as the core values and reputation of the brand as such. Hereby, customers are able to shape their own identity with that of the company. Typically reputation will be placed in the top of Maslow’s hierarchy of needs, which makes this type of transaction extremely valuable to companies.

13. EXPOSURE/ATTENTION
Active exposure or attention is the next step in the evolution of currency. People are not only offering their own attention, but also that of their peers in their social environment. For some businesses the spreading of their ideas and brand values becomes more important than the immediate return in money. Of course, companies can’t just rely on active exposure, so their business model should include more players and other transactions. Many start-ups and even big web 2.0 companies are still struggling with this. There is a lot of exposure and value offered to clients, but there is no sustainable business model to capture that value in revenues and profit.

14. CREDITS
(Virtual) credit systems are on the rise. Therefor we have to add them to the business model blocks as well. Loyalty cards and similar are also covered

15. DATA
Information is one of the key items that’s being transfered in modern business models. Depending on the context a mixture of ‘information’ related items (content, data, knowledge, articles. ) are being used in relation to this block.

16. RIGHT
Ownership rights, IP and even the right to emit CO2 are items that stakeholders can exchange between each other. This must be the most abstract block but is necessary to illustrate the innovativeness of several models.

These giants already found new business ideas with our kit:


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BPMN Specification – Business Process Model and Notation #stock #market #news #today


#business process

#

Object Management Group
Business Process Model and Notation

Charter

A standard Business Process Model and Notation (BPMN) will provide businesses with the capability of understanding their internal business procedures in a graphical notation and will give organizations the ability to communicate these procedures in a standard manner. Furthermore, the graphical notation will facilitate the understanding of the performance collaborations and business transactions between the organizations. This will ensure that businesses will understand themselves and participants in their business and will enable organizations to adjust to new internal and B2B business circumstances quickly.

Current BPMN Specification

BPM Certification

The OCEB program consists of five examinations, granting five Certifications. Above the single Fundamental level, the program splits into two tracks – one Business-oriented. the other Technically oriented.

Credentials are important in the BPM world, where practitioners may work on many projects for different clients or employers over time. The twenty-five experts from top BPM companies and well-known independent consultants who designed the OCEB topical coverage and wrote the exam questions want peers and prospective employers to feel confident about a certified candidate’s ability to participate in or lead real-world initiatives in enterprise BPM. Your status as an OCEB Certified Professional shows current and future employers or clients that you have the required knowledge and skills, making you a more attractive candidate for hiring and promotion.

Frequently Asked Questions (FAQ)

The Business Process Modeling Notation (BPMN) is a graphical notation that depicts the steps in a business process. BPMN depicts the end to end flow of a business process. The notation has been specifically designed to coordinate the sequence of processes and the messages that flow between different process participants in a related set of activities.

Why is BPMN important?

The world of business processes has changed dramatically over the past few years. Processes can be coordinated from behind, within and over organizations natural boundaries. A business process now spans multiple participants and coordination can be complex. Until BPMN, there has not been a standard modelling technique developed that addresses these issues. BPMN has been developed to provide users with a royalty free notation. This will benefit users in a similar manner in which UML standardised the world of software engineering. There will be training courses, books and a body of knowledge that users can access in order to better implement a business process.

Who is BPMN targeted at?

BPMN is targeted at a high level for business users and at a lower level for process implementers. The business users should be able to easily read and understand a BPMN business process diagram. The process implementer should be able to adorn a business process diagram with further detail in order to represent the process in a physical implementation. BPMN is targeted at users, vendors and service providers that need to communicate business processes in a standard manner.

What does this mean for UML users?

The unified modelling language (UML) takes an object-oriented approach to the modeling of applications, while BPMN takes a process-oriented approach to modelling of systems. Where BPMN has a focus on business processes, the UML has a focus on software design and therefore the two are not competing notations but are different views on systems. The BPMN and the UML are compatible with each other. A business process model does not necessarily have to be implemented as an automated business process in a process execution language. Where this is the case, business processes and participants can be mapped to constructs such as use cases and behavioural models in the UML. Further white papers will follow on the mapping between these techniques.

Will there be a major rewrite?

Not for 2 or 3 years.

What is the relationship between BPMN and BPEL?

BPEL is an XML-based language for describing a business process in which most of the tasks represent interactions between the process and external Web services. The BPEL process itself is represented as a Web service, and is realized by a BPEL engine which executes the process description. BPMN is a standard set of diagramming conventions for describing business processes. It is designed to visualize a rich set of process flow semantics within a process and the communication between independent processes. It is intended to support capture of sufficient detail to allow it to be the source of an executable process description. Since BPEL is currently considered the most important standard for execution languages, a translation to BPEL is specified in the BPMN standard. By design there are some limitations on the process topologies that can be described in BPEL, so it is possible to represent processes in BPMN that cannot be mapped to BPEL. There are a few concepts, such as Ad-Hoc sub-proceses, that BPMN can represent that may not be implemented with any technology.

Click here to get your own BPMN Quick Guide.


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Business Model vs #hot #new #business #ideas


#business plan model

#

Business Model vs. Business Plan vs. Business Planning

What s a business model? How does it relate to a business plan? Or, better yet, business planning? They live together. They synchronize. Your business planning makes your business model happen. And your business plan is a regular step in your business planning. It isn t business plan vs. business model, the way some people seem to think. The business model is like a destination. The planning is how you re going to get there.

Alan Gleeson sent me a copy of the book shown here, Business Model Generation. It s also a website. and perhaps most important, a collective work on what a business model is and how to use it. With an excellent website and a very intriguing way of sharing the work, the thoughts, and the collective creativity. That part of it is fascinating, well worth the visit, even if it weren t also an excellent summary of the business model.

Just to give you the idea, here below I ve taken just a blog-sized clip from a proposed one-page business model summary. That s. taken from the web (you can click it to go to the full-size original ):

I m so glad to see this new work on business model. I confess, I ve thought of the phrase business model as just a trendy buzzword for how you make money in the business. While I think that s still true, at least to some extent, this kind of organized thinking is obviously valuable, if you use it right.

Alan, who is managing director of Palo Alto Software s UK Subsidiary, recently answered the business model vs. business plan question in a quest post on TechCrunch :

it is worth clarifying the difference between a business plan and a business model. A business plan details the business opportunity you are seeking to exploit. A business model takes the form of either a simple verbal description or a one page visual representation.

Alan also adds this important note about what a business plan really is:

modern business planning is flexible, agile and concise, and more about goal setting than bound physical documents. This planning process brings numerous benefits for the entrepreneur, not least an ability to look at the operation holistically, to ensure internal focus and to ensure that cash flow management is a key priority.

I said above that the business model is like a destination, and the planning is how you get there. Let me add that the planning I recommend isn t just a map, or a route; it s that plus a GPS and real-time traffic and weather information. And in that analogy, the business model is the destination.

Thanks for the reminder. I actually got a copy of this book a few months ago and it promptly got buried under more books. This makes me want to use for a new project I m working on.

I think business planning needs to take a step beyond both business plans and the business model concept.

My understanding is that business models are that which establishes a business mission, process, marketing strategy and executes them to test viability strengths and ultimately success. Once the test is done return to the model to improve it.

That said I believe one should simply make use of a tried business plan build the model, around it restructure retry until it is found sound. Such a model can be used and reused as a template for businesses in that particular industry/market.

The one-page Business Model contains no numbers or mention of competitors or risks. Its purpose is to explain the landscape and the mission. The Business Plan s purpose is to convince (e.g. potential investors and partners) that the mission is attainable (despite the competitors and risks). The Strategic Plan provides the details of the how to achieve the goal the actual path and timeline. I would like to see a unified process defined for creating the three documents in sequence.

simplulo, thanks for the comment, but I disagree with the business plan s purpose is to convince . The situation and context defines the purpose of a business plan. For example, my favorite business plans have the purpose of setting the steps into the right sequence, and defining the metrics, and layout out meaningful projections, to help manage and steer the business; to be used by the business owners. Of course some business plans do, indeed, have the purpose you suggest; but that s far from universal. And a lot of us would define a strategic plan differently than you do, but there again, you re definition is as right as anybody else s, as long as you don t try to say that s universal. I don t think of a strategic plan as defining the actual path and timeline. My point: it s not as simple and well defined as you suggest.

Agreed, but it wasn t my intention to provide details, rather to express the need that led me to this page (and many others). I gave three sentences, one for each document in a sequence, followed by the takeaway: I would like to see a unified process for creating the three documents. Among the many business-plan structures I found was one whose sections mapped neatly to regions of the Business Model Canvas: 1. Marketing Plan, 2. Operational Plan, 3. Financial Plan. That was a start.

How LivePlan makes your business more successful

If you re writing a business plan you’re in luck. Online business planning software makes it easier than ever before to put together a business plan for your business.

As you ll see in a moment LivePlan is more than just business plan software though. It s a knowledgable guide combined with a professional designer coupled with a financial wizard. It ll help you get over the three most common business hurdles with ease.

Let s take a look at those common hurdles and see how producing a top notch business plan sets your business up for success.


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Treating Adolescent Depression With Psychotherapy: The Three Ts #cbt #model #of #depression


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Treating Adolescent Depression With Psychotherapy: The Three Ts

Treating Adolescent Depression With Psychotherapy: The Three Ts

Adolescence is a time of increased vulnerability for depression, with risk factors driven by biological, cognitive, and social-environmental changes in development. More than half of all adolescents report experiencing depressed mood, and 8% to 10% experience clinically diagnosable symptoms. 1 Depression in the young negatively affects all areas of development, including academic, cognitive, social, and family functioning, and if untreated, it can have significant lasting consequences.

Depression in adolescence is a strong predictor of recurrent depression in adulthood and long-term functional impairment, and it confers a 10-fold increase in risk for suicidal behavior. 2 Clearly, depression is a significant health concern among youths, with the potential for severe and lasting consequences: the need for effective intervention is unambiguous.

Fortunately, there is strong empirical evidence for successful therapeutic treatment of adolescent mental health disorders, including depression. Psychotherapy for depression is as effective as medication in many cases and is the recommended first-line intervention for mild to moderate depression in youths. This article offers a brief review of the psychotherapeutic “three T’s” for depression: cognitive-behavioral therapy (CBT), interpersonal psychotherapy (IPT), and dialectical behavior therapy (DBT).

CBT is an evidence-based approach that has been tailored to treat a wide variety of mental health concerns in youths, including anxiety, eating disorders, impulse control disorders, ADHD, oppositional defiant disorder (ODD), and a range of other problematic behaviors in addition to specific adaptations for depression. Generally, CBT is directive, time-limited, structured, problem-focused, and goal-oriented. Weekly session structure begins with collaborative agenda setting and homework review and ends with review and consolidation of new skills learned and the assignment of new homework.

Treatment typically ranges from 4 to 20 sessions, depending on program choice and setting, although treatment of comorbid conditions or severe symptoms can take longer. Clinicians may use various combinations of CBT techniques, or they may adhere to a specific manualized program. Common CBT interventions include psychoeducation (helping the patient and parents understand the connection between thoughts, feelings, and behaviors), mood monitoring (keeping a mood diary, linking emotions to thoughts), pleasant activities (creating a list of activities that the patient enjoys and setting aside daily time to engage in them), behavior activation techniques (joining a sports team, going for nightly family walks), and cognitive restructuring (identifying cognitive distortions and negative thinking patterns and re­placing them with more realistic and/or positive ways of thinking). Social, communication, conflict-resolution, and problem-solving skills are also frequent components of CBT programs.

CBT has an extensive research base and a longer history than either IPT or DBT; as such, the approach has traditionally been considered the gold standard for the treatment of childhood and adolescent depression. Meta-analyses in 1998 and 1999 found effect sizes for CBT treatment of depression in youths of 1.02 and 1.27 respectively. 3,4 A more recent meta-analysis of 35 studies found a less pronounced effect size of 0.34, although this still represents a clinically significant small to medium treatment effect. 5 On the basis of these findings, in 2008 CBT received status as a well-established treatment for youths, according to the guidelines set by Nathan and Gorman. 6

In addition to comparisons with wait list control and treatment as usual (TAU), CBT has also been compared with psychopharmacological intervention, primarily SSRIs. One of the most cited and controversial studies is the multisite 2004 Treatment of Adolescent Depression Study (TADS). 7 In this efficacy study, 439 depressed adolescents were treated with CBT, fluoxetine, a combination of the two, or a placebo. Results favored the combination of fluoxetine and CBT, followed by fluoxetine alone, and then CBT and placebo.

In contrast to existing findings, CBT was not found to be significantly more effective than placebo, and CBT’s effectiveness was questioned. However, supporters of CBT are quick to note mediating factors and design irregularities in the study. It remains noteworthy that the combination treatment in this study was most effective for depressed youths, particularly because of the potential of CBT to act as a buffer against negative life stress and suicide, which psychopharmacology alone may not address. In addition, later studies, such as the Treatment of SSRI-Resistant Depression in Adolescents (TORDIA), support the finding for combined CBT psychotherapy and medi­cation in recalcitrant cases. 8

The Practice Parameters of the American Academy of Child and Adolescent Psychiatry (AACAP) suggest that youths with mild depression may respond to CBT alone, whereas moderately to severely depressed youths may require CBT (or other psychotherapies) along with antidepressants. These guidelines also recommend that treatment continue for 6 to 12 months to avoid relapse. 9

Many of the CBT programs for treatment of depression were developed initially in a group-delivery modality for research expediency. However, these programs can be tailored to the individual and applied within a variety of clinical settings, including outpatient, inpatient, schools, and partial hospitalization programs. CBT manuals range in level of directedness, from specific session by session instruction (Taking Action) to more principle-based manuals that guide the therapy and allow greater flexibility (Brent’s model within the Pittsburgh clinical trials). 10-12 The level of parental involvement also varies across CBT approaches but is generally viewed as an important element and essential for children and younger adolescents (Table 1 ).

IPT is a well-established, structured, time-limited therapy developed specifically for the treatment of nonbipolar, nonpsychotic major depression in adults. The original model was adapted for adolescents (IPT-A) by Mufson and colleagues 13 in 1994. IPT-A defines the symptoms of depression and their consequences and the maintaining factors through an interpersonal lens, addressing problem areas in the adolescent’s current relationships and immediate social environments to reduce symptoms that contribute to depression.

IPT-A aims to improve communication and problem-solving skills to increase interpersonal effectiveness and relationship satisfaction in adolescents (aged 12 to 18 years). From a developmental psychopathology perspective, focus on interpersonal relationships is paramount during adolescence—a period in which more intimate peer and dating relationships are fostered and parent-child relationships undergo transitions based on adolescent autonomy development. IPT-A identifies 4 interpersonal problem areas that may become the focus of treatment: grief, role dispute, role transition, and interpersonal deficits. Through an interpersonal interview, working as a team, the therapist and patient identify 1 or 2 areas on which to focus.

Treatment is structured over 12 to 16 weeks in 60-minute sessions. The framework consists of 3 phases, in which the therapy aims to:

• Identify a specific interpersonal problem area by examining the patterns in current significant relationships

• Develop communication and problem-solving strategies to address the specific interpersonal problem area

• Practice the skills in session and then transition them to the social environment, providing the patient with support to maintain his or her sense of social competence and independence


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Business Ethics & Corporate Values #business #ethics, #corporate #values, #sustainable #business #model #


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Responsible Business

At Marriott, how we do business is as important as the business we do. Integrity and ethical behavior have been and continue to be the cornerstone of our company. J.W. Marriott, Jr. Executive Chairman and Chairman of the Board, recently stated “We welcome the tremendous responsibility as the world’s largest hotel company to be a good global steward, providing new opportunities for our associates and building the economic strength of the communities we call home.”

Corporate Principles

expand Top Destinations

Marriott For:

Best Available Rate Guarantee assures you receive the best rates when you book directly with us. If you find a lower publicly available rate within 24 hours of booking, we will match that rate plus give you 25% off the lower rate, subject to guarantee terms and exclusions. Guarantee does not apply to Ritz-Carlton Montreal, The Ritz London, Ritz-Carlton Residences®, and Starwood-Branded Hotels, including Four Points Hotels, Sheraton Hotels, Aloft Hotels, W Hotels, Le Meridien Hotels, Luxury Collection Hotels, Element Hotels, Westin Hotels, St. Regis Hotels, Tribute Portfolio Hotels and Design Hotels. Marriott Rewards® and The Ritz-Carlton Rewards® members (“Rewards Members”) who book rooms through a Marriott® Direct Booking Channel, authorized travel agents or select corporate travel partners (“Eligible Channels”) at hotels that participate in Marriott Rewards® and The Ritz-Carlton Rewards loyalty programs will receive an exclusive, preferred rate (“Marriott Rewards Member Rate”). Member Rates are available globally at all hotels that participate in Marriott Rewards, excluding hotels in Mainland China, Macau, Hong Kong and Taiwan. Exclusions apply. See our Terms Conditions for additional details related to our Best Available Rate Guarantee and Marriott Rewards Member Rate. Hotels shown on Marriott.com may be operated under a license from Marriott International, Inc. or one of its affiliates.

© 1996 – 2017 Marriott International, Inc. All rights reserved. Marriott proprietary information


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Business Plan Model – Business Plan Samples #zee #business


#business plan model

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By admin on May 19, 2016 Business Plan Outline

Business Plan Model. Get inspired with this gallery well over 500 example strategic business plans. Pick the category that s nearest for your own small business or industry, and examine an agenda you want. LivePlan includes all 500 sample plans, so that you can easily reference them when you are writing your personal plan.

Business Plan Model. A strategic business plan describes what your organization does. This written document states your company’s operational and financial targets for future years and just how it provides meet them. A company model describes where and how you decide to operate your organization. The model you select is detailed inside your strategic business plan.

Gallery of: Business Plan Model

Related Business Plan Model

Preschool Business Plan Nobody has access to a new crystal ball that can offer accurate predictions about how the restaurant.

Free Business Plan Outline Also format your plan for marketing straight to your customers or end users. These kinds of.

Event Planning Business Plan Sample. Every experienced investor knows that detailed economical projections for a new corporation are an act.

Business Plan Pdf, There has been a time when company plans were anything from 75 to 100 webpages in length.


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Business Model vs #small #business #finance


#business plan model

#

Business Model vs. Business Plan vs. Business Planning

What s a business model? How does it relate to a business plan? Or, better yet, business planning? They live together. They synchronize. Your business planning makes your business model happen. And your business plan is a regular step in your business planning. It isn t business plan vs. business model, the way some people seem to think. The business model is like a destination. The planning is how you re going to get there.

Alan Gleeson sent me a copy of the book shown here, Business Model Generation. It s also a website. and perhaps most important, a collective work on what a business model is and how to use it. With an excellent website and a very intriguing way of sharing the work, the thoughts, and the collective creativity. That part of it is fascinating, well worth the visit, even if it weren t also an excellent summary of the business model.

Just to give you the idea, here below I ve taken just a blog-sized clip from a proposed one-page business model summary. That s. taken from the web (you can click it to go to the full-size original ):

I m so glad to see this new work on business model. I confess, I ve thought of the phrase business model as just a trendy buzzword for how you make money in the business. While I think that s still true, at least to some extent, this kind of organized thinking is obviously valuable, if you use it right.

Alan, who is managing director of Palo Alto Software s UK Subsidiary, recently answered the business model vs. business plan question in a quest post on TechCrunch :

it is worth clarifying the difference between a business plan and a business model. A business plan details the business opportunity you are seeking to exploit. A business model takes the form of either a simple verbal description or a one page visual representation.

Alan also adds this important note about what a business plan really is:

modern business planning is flexible, agile and concise, and more about goal setting than bound physical documents. This planning process brings numerous benefits for the entrepreneur, not least an ability to look at the operation holistically, to ensure internal focus and to ensure that cash flow management is a key priority.

I said above that the business model is like a destination, and the planning is how you get there. Let me add that the planning I recommend isn t just a map, or a route; it s that plus a GPS and real-time traffic and weather information. And in that analogy, the business model is the destination.

Thanks for the reminder. I actually got a copy of this book a few months ago and it promptly got buried under more books. This makes me want to use for a new project I m working on.

I think business planning needs to take a step beyond both business plans and the business model concept.

My understanding is that business models are that which establishes a business mission, process, marketing strategy and executes them to test viability strengths and ultimately success. Once the test is done return to the model to improve it.

That said I believe one should simply make use of a tried business plan build the model, around it restructure retry until it is found sound. Such a model can be used and reused as a template for businesses in that particular industry/market.

The one-page Business Model contains no numbers or mention of competitors or risks. Its purpose is to explain the landscape and the mission. The Business Plan s purpose is to convince (e.g. potential investors and partners) that the mission is attainable (despite the competitors and risks). The Strategic Plan provides the details of the how to achieve the goal the actual path and timeline. I would like to see a unified process defined for creating the three documents in sequence.

simplulo, thanks for the comment, but I disagree with the business plan s purpose is to convince . The situation and context defines the purpose of a business plan. For example, my favorite business plans have the purpose of setting the steps into the right sequence, and defining the metrics, and layout out meaningful projections, to help manage and steer the business; to be used by the business owners. Of course some business plans do, indeed, have the purpose you suggest; but that s far from universal. And a lot of us would define a strategic plan differently than you do, but there again, you re definition is as right as anybody else s, as long as you don t try to say that s universal. I don t think of a strategic plan as defining the actual path and timeline. My point: it s not as simple and well defined as you suggest.

Agreed, but it wasn t my intention to provide details, rather to express the need that led me to this page (and many others). I gave three sentences, one for each document in a sequence, followed by the takeaway: I would like to see a unified process for creating the three documents. Among the many business-plan structures I found was one whose sections mapped neatly to regions of the Business Model Canvas: 1. Marketing Plan, 2. Operational Plan, 3. Financial Plan. That was a start.

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Micro RC Cars – Mini MicroSizers, Xmods, Tomy Bit Char-G, ZipZaps, Epoch Indoor Racers,

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Welcome to The Micro RC Resource Center

Choosing the best micro or mini remote control car.

When people ask me which car is best, there really isn’t a good answer because each micro remote controlled car has its own strengths and weaknesses.

With that said, I’m going to describe the cars in my radio control car collection and point out the stengths and weaknesses so you can decide which one is best for you.

Hobbico MicroSizers (1:64 Scale – Approx 2 in Length)
Also known as Tomy Bit Char-G in Japan.
Strengths
. Inexpensive, Durable, Lots of Mods, Small Size
Weaknesses. Limited Range, Short Driving Time, No Proporational Steering or Speed, Only 4 Available Frequencies

I think I’ll always have a soft spot for the Tomy Bit Char-G remote control car. There’s something about the MicroSizers cars that are just fun. The compact size (about 2 ) allows you to set up races in a very small area such as your kitchen floor. Its simplicity is also part of its charm. The car and controller can fit in the palm of your hand and with just a couple AA batteries and a smooth surface, you’re ready to go.

Although the Tomy Bit CharG cars don’t have proportional steering or speed, I’ve always been happy with how the Bit Char-G cars handle. I wish the Bit Char-G cars would drive for longer than 4 minutes, but that’s still enough time for a good race. The standard controllers aren’t as sophisticated as the ones for the DigiQ or Epoch Indoor Racer, but they’re adequete. The special booster controllers that can be purchased separtely aren’t that much more sophisticated and the range is even worse than the regular controller. However, they do have a booster button that allows you to drive at a faster speed along with a switch that allows you to drive any of the four available frequencies from the same controller. Anyone that has fun with a Hobbico MicroSizer, will want to look into the faster motors that can be purchased (available motors: 1.0, 2.0, 2.2, 2.6, 3.0 and 3.8).

Radio Shack also sells a version of this car called a ZipZap. You can read more about Zip Zaps at the forum.

MysticKnight’s Buying Advice:
Everyone should own at least one Bit Char-G remote control car (MicroSizer) with a 2.2 motor or higher. For around $30, you can’t go wrong. If you enjoy using the car and decide to buy others, the special controller is worth looking into especially if you’re going to be racing other people.

Epoch Indoor Racers (1:43 Scale – Approx 4 in Length)
Strengths. Proportional Steering and Speed, Realistic Body Designs

Weaknesses. Needs A Relatively Large Area for Racing, More Expensive, Poorly Designed Controller, Limited Mods and After Market Parts

The Epoch Indoor Racer is a bit larger (about 4 ) than most other micro remote controlled cars. The speed and responsiveness of this car makes it very fun to drivefor racers that don’t mind paying a little more for a micro remote controlled car.

At the moment there two types of Epoch Indoor Racers, the spec 1 and the spec 2. The controllers for both are exactly the same but the spec 2 car has smaller, more realistic wheel wells, modified suspension and improved electronics.

The Epoch Indoor Racer controller is not made very well and there’s not much of an after-market selection of parts and supplies. In contrast, the controller that comes with the Mini Z is outstanding, there are many after-market products and it’s much faster than an Epoch Indoor Racer.

MysticKnight’s Buying Advice:
Buy the Hobbico MicroSizer first and if you think it’s a blast and you’re ready to move up to real micro RC racing, consider the Mini Z (described below) instead of the Epoch Indoor Racer.

Kyosho Mini Z Street Racers (1:28 Scale – Approx 6 in Length)
More like a real racecar than the smaller cars, Mini Z bodies have amazing detail and cool parts are extremely easy to find. The Mini Z is probably the most popular of the small R/C cars because all electronics are pre-installed and there are many clubs world-wide.

Kyosho Mini Z Formula 1 (1:28 Scale – Approx 6 in Length)
Formula 1 cars are now available with the same attention to detail as the original Kyosho Mini Z Street Racers.

HPI Micro RS4 (1:18 Scale – Approx 9 in Length)
This car is bigger and similar to the real 1:10 electric cars. Radio and electronics have to be purchased separately and this car tends to be more expensive but it’s the best small R/C car out there in my opinion.

PITZON’s Buying Advice:
I can speak for those of us who took the step from racing bigger 1:10 electric cars quite seriously and spending insane amounts of money on the larger cars. Once we bought the Mini-Z and HPI Micro RS4 cars, all of us sold our big cars and race nothing but small R/C cars now.

Takara Digi Q (1:66 Scale – Just Under 2 in Length)
Strengths. Durable, Very Small, Good Quality Controller, Proportional Steering, Long Driving Time
Weaknesses. Doesn’t Handle Well, Slow in Corners, Cartoon Looking Bodies

Although the Takara Digi-Q is smaller, faster and drives longer on a charge (15 minutes) than the Bit Char-G and the controller is the best quality out of all the controllers (including the more expensive Epoch Indoor Racers), I’ve never really liked the DigiQ cars.

The Digi Q uses 2 motors to control speed AND steering. When you want to go right, the right motor slows down to make the car go right which means it goes slower in corners. The car is less than 2 long and I think that contributes to how squirly it feels. Instead of using a frequency to transmit to the car, the Digi Q controllers send their signals via Infrared. You can switch the controller to one of 4 settings to match the car you’re racing, but the car itself can’t be switched.

The controller feels solid in your hand and you can electronically switch between high and low speeds. An optional infrared booster is available to get better range (although the range seems pretty good without it). The DigiQ car and controller costs about $55.

MysticKnight’s Buying Advice:
Personally, I would buy the Tomy Bit Char-G instead of the Takara Digi Q. Even though the Bit Char-G is slower, it’s more fun to drive because of how it handles.

There are several other brands of micro remote control cars that are inexpensive copies of the Tomy Bit Char-G and Takara DigiQ cars. Those cars are called clones and some of them are worth looking into. More information about all the mini radio controlled cars mentioned here and other vehicles such as micro remote control helicopters, mini RC planes, miniature R/C boats, micro remote control tanks and more can be found at the mini RC cars forum. Topics include:


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