1 MORE MONTH
and ‘ADIÓS’ VENLO.
There is an
avalanche of things to do coming up (or “coming down”, because avalanches are
supposed to go down, right… whatever):
Exams, projects, presentations, reports, letters, e-mails, horses, visas (and this is just the short list)…
Exams, projects, presentations, reports, letters, e-mails, horses, visas (and this is just the short list)…
25 hours a day
and 8 days a week are needed to do the amount of things that are asked from me
(and because, from past experiences, I’ve found out that stressing out doesn’t
really help; now I’m in a Hakuna matata mode).
mini COMPANY???
The mini company
is just a project you do during your second year at Fontys. You get ‘mixed up’
in a group with approx. 12 other students from different courses (IBMS, IBE,
F&FM and IM).
The idea is
simulating a real company. So, as a group, you come up with a product, write a
business plan, sell shares to people; then you produce the product and sell it.
It is a good
learning experience that gives you a chance to apply what you’ve learned so
far. Still, in the end your own experience pretty much will depend on the group
you end up working with (and of course other factors as well).
I know of
friends whose experience has been good and others whose experience has been
quite bad. Either way, in the end the mini company is simply another class to
pass.
I, personally,
was expecting something else from what it was. And to write a bit more
‘objectively’ I will let a dictionary briefly describe to you how my mini
company experience was:
Semester no. 1 - Lesson learned: Definition of communism: “A system of social organization in which all economic and social activity is controlled by a totalitarian state…” (http://dictionary.reference.com/browse/communism?s=t).
Semester no. 1 - Lesson learned: Definition of communism: “A system of social organization in which all economic and social activity is controlled by a totalitarian state…” (http://dictionary.reference.com/browse/communism?s=t).
If you got the point, then
yes; I must say that the power in our mini company during this semester was
concentrated in the hands of just a few people. Fidel Castro would
have definitely felt just like at home in our group, back then.
The result
of this:
90% of the group’s decisions and ideas ended up coming just from the ‘elite’ members of our mini company. The remaining 10% came from those who this minority believed were ‘adequate enough’ to contribute to the group.
90% of the group’s decisions and ideas ended up coming just from the ‘elite’ members of our mini company. The remaining 10% came from those who this minority believed were ‘adequate enough’ to contribute to the group.
Outcome:
- Product to be sold for the rest of the year: “The Beer Pong Kit”.
- Further description of the product: 20 plastic cups, 3 ping pong balls, and a piece of paper (instructions manual) placed in a plastic tube; with a cost of 9.99 Euros.
- Concept behind the product: None.
- Product to be sold for the rest of the year: “The Beer Pong Kit”.
- Further description of the product: 20 plastic cups, 3 ping pong balls, and a piece of paper (instructions manual) placed in a plastic tube; with a cost of 9.99 Euros.
- Concept behind the product: None.
“In between
semesters” period
– Every group member participated in an individual talk with the group’s
general management team to review the past semester. In my case, it gave me the
chance to address the ‘communism issue’ mentioned above.
The roles in the group were changed; and semester no. 2 began, along with a relatively ‘new start’.
The roles in the group were changed; and semester no. 2 began, along with a relatively ‘new start’.
Semester no. 2 –
Lesson learned: Definition of democracy: “Government by the people; a form of government in
which
the supreme power is vested in the people…”
(http://dictionary.reference.com/browse/democracy?s=t).
The result of this:
The group decisions and ideas ended up coming from almost all group members.
The group decisions and ideas ended up coming from almost all group members.
Outcome:
- The break-even point was reached.
- Got rid of all The Beer Pong Kits (some of them for less than half the price, but at least that’s something, right?).
- The break-even point was reached.
- Got rid of all The Beer Pong Kits (some of them for less than half the price, but at least that’s something, right?).
Bottom line I guess
everyone learned something (…at least, a lot of our group members became
‘professional’ beer pong players).