Tag Archives: Business

Assumption making for financial business planning at Yokohama National University

One of the final goals of the international students, studying at YCCS program of Yokohama National University is to make their own “feasible” business plan.

 

I have five classes in the program, where I teach:

  • Business problem solving
  • Financial business planning
  • Team facilitation
  • Logical thinking (for negotiation, communication etc.)
  • Business data analytics

 

One of the weakness of the students, who do not have any working experience, is the fact that they do not know how to know the “realistic” assumptions for making a business plan.

 

In this semester, I only focus on the techniques and knowledge about making reasonable assumptions.

This week, we will talk about “Goal-based” assumption.

This is one of the slides from the class:

slide1

I apply “active-learning” for all of my classes, where the students are actively participate in the discussion, assignments and group work.

We will discuss the topic and their own works assigned at the previous week.

slide2

 

Please let me know if you need further information for considering such practical business class at university.

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Final exam of “business data analysis” class at Yokohama National University

This is an assignment of another class “Business data analysis” at Yokohama National University.

Students are required to develop their own story, supported with the analyzed data.

stats.jpg

This is the key skill-set when you apply those analytical techniques to the practical business issues/proposals.

We have already experienced several similar exercises at the class and I am so excited that they will enjoy it and present interesting insights.

 

Good luck!

 

Please send me an email if you / your organization would like to try those lessons/lectures.

Business planning class at Yokohama National University

I saw great progress of my students to develop their own financial plan with business strategy.

It took only three months to achieve it, who did not know even what “Revenue” is in April.

Here is an example output of a student in the class.

 

The business case was “web site developer” where you need to develop a business plan to reach positive profit within a year.

FInance3

Reasonable business strategy in line with the assumptions in the business model is also required in the presentation.

 

Financial1

 

This is a fundamental and basic business skill where you will be required in any type of business in the world.

 

I would be happy to discuss a chance to conduct the class (even as an intensive program).

A good word to show the level of data aggregation.

My business statistics class started at Yokohama National Univerisy for the international students from all over the world.
Just to explain some basics for the new students, I was struggling to show the level of aggregation of data in my class.
This is a concept that you need to learn for managing data itself before studying some statsitics.
Today I found the word “granularity”.
I guess it is not that common word even for English speakers but it really fits the concept.
YCCS

Business logics class at Yokohama National University

The semester has just finished at Yokohama National University.

  • Business logic and team consensus
  • Problems solving

 

Good job! See you somewhere in the world!

I would be happy to give my lecture(s) of “practical” business logic making (for communication, negotiation and presentation etc.) for your company, university and many kinds of organization.

How you can develop your facilitation(team discussion) & problem-solving skills in a university program.

We will spend two weeks to tackle the following exercises in a team.

This is for the “Logical thinking” class:

Logic.jpg

This is not an individual exercise and you need to reach an agreement with your team members, which is exactly the same situation you will face in a company.

You may be required to use almost all the techniques(i.e. facilitation skill & logic development skills) to make an answer.

 

And this is for “Problem-solving” class:

problem-solving

This is a comprehensive exercise where all the skills learned in the class will be required to get a practical solution.

 

I am really excited to know how my students will use their skills learned in the class and lead to a “high-quality” answer.

How you properly summarize your observations? (Induction)

Induction was the main topic in my “Business Logics and Team Consensus” class at Yokohama National University in Japan for the international students.

 

The first exercise at today’s class was to make a summary of the following three statements:

Induction.jpg

  • Japanese is busy
  • Japanese is punctual
  • Japanese acts quickly
  • Japanese is always in a hurry

It seems that they all make a sense.  But wait a minute!

Did you add your personal assumptions when you reach the conclusion???

For instance, “Japanese is busy”…. Acting quickly does not necessarily mean the person is “busy”. The conclusion comes from such assumption which is not drawn from the real observation or fact.

Such mistake makes your logic weak.

induction2

As one of the techniques you should remember when you develop your logic using induction, ask yourself about the assumption(s) you make. If the assumption(s) is valid, you may have no problem in your story..

 

 

Here are some other exercises in the class today.

Induction3.jpg

An answer to the question above is as follows:

Induction4.jpg:

This is not an only the answer. But I felt that the students were getting more skilled to construct their ideas logically.

This was the last exercise for today, which took more time to reach to the answer:

Induction5.jpg

My answer was quite simple, while some students made more complex answers..

induction6

 

Today’s points were:

Don’t add your assumptions too much when you make a conclusion by summarizing your observations. Try to be based on the facts only.

 

Please contant me if you are interested in the practical business skill classes in your country.