In Los angeles starts the internationalization program for SMEs
Three working days where the company executives and the working teams share strategiees and goals of the program. At teh end each group has to provide the following assignments and deliverables:
The team and executives are to jointly develop and mutually agree on a seven slide formal pres-entation which includes: (1) Title, (2) company introduction, (3) product/service, (4) market as-sessment, (5) marketing strategy, (6) management team, and (7) team and company objectives to accomplish during the GAP Program.
Project Management Agreement
Team and company executives are to mutually develop a written agreement regarding how they will jointly manage the six month GAP project. This one or two page document describes how the team and company will interface and communicate during the program. Subjects should include:
Specific goals and objectives to be accomplished during the program. What product and market focus, whats excluded, included, and milestones.
Preliminary travel plans: who will make initial trip(s) to company headquarters, when, and for how long
How project status will be reported and how frequently
Preliminary planning regarding individual student travel to company headquar-ters and to other locations
Who will be primary contacts for both parties
A preliminary schedule with important milestone dates for certain events
An initial budget regarding any additional program expenses.
Frequency and mode of communications (weekly, bi-weekly, etc. using email, videoconference, telephone, etc.)
Review Company Financials
Company executives and students review and discuss the com-panys financial statements including a recent balance sheet, income statement and cash flow statement. Also discuss the equity ownership, including outside investments.
Company Executives Sign Non-Disclosure Agreement
Company executives are asked to sign the original GAP Non-Disclosure Agreement previously signed by the advisor and all students. Make copies of the original signed GAP NDA form which has been signed by all the students, faculty advisor and company executives before handing in the original signed NDA. Copies should be given to everyone who signed it. Students are to deliver the original NDA form signed by all parties to the GAP office.
Students Review Presentations of their Paired Team
Students are to view the presentation of their paired team and provide oral feedback during the Q&A session to their paired team immedi-ately after viewing the presentation.
By August 11th, each student writes an individual assessment of their paired teams presentation, including their positive and constructive written feedback. This is to be emailed to each member of their paired team, with copies sent to both teams advi-sors and the GAP email address.
Anderson School of Management, University of California Los Angeles