Download - Wall Drug Outline Revised
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Wall Drug Proposal1. Redo the activities to make people say oh, snap!
a. Operations
i. Celebrate holidays and decorate place to be more festive
1. Halloween
2. Labor day3. Drinking day
4. Anniversary
5. of Wall Drug with huge festival
ii. Hold special shows: cowboys vs samurais, cowboys vs Indians, old west
reenactment, cowboys vs aliens
iii. Construction of several buildings
1. Casino
2. Bars
3. Pool
4. Laser Quest
5. Hotel franchise or a theme specific hotel
6. Adult free zone aka day careiv. Find ways to cut cost in operations
1. Better venue to make goods or make it ourselves (subsidiaries)
b. Finance
i. 5 year plan analysis with all suggestions and recommendations
ii. Cash problem
iii. Rate of Return
iv. Stocks options
v. Optional discuss the pros and cons to building our own hotel vs franchising a
hotel like Holiday Inn
vi. Cost of new ideas like celebrating festivals and construction of new buildings
vii. Find ways to cut cost in operations
viii. How to allocate employment cost for new or permanent employeesc. Marketing
i. Rebrand imagine and logo
ii. Decide whether to hire a third party to do creative marketing or hire full time
employee
iii. Capitalize on history and emphasis on family owned name
iv. Utilize social media cost of advertisement for the following
1. Facebook
2. Twitter
3. Google
4. Youtube
5. Yahoo!
v. Define target Marketd. Human Resources
i. Develop a more in-depth job descriptionsii. Create job chart and organization structure for new employees
iii. Create better positions to lighten load for top management
iv. Find better ways to use the permanent employeesv. Improve Customer-Relations/Customer Service
vi. Investment of employees
vii. Improve training for new employees
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viii. How to allocate employment cost for new or permanent employees
2. Overseas operations
a. Choose a different country to invade (Blair)
i. choice Japan - needs research on why we choose this over others, cultural aspect
and other interesting tibit
b. strategy - strategic alliance and transnational: research on potential partner and why we
want transnational implementation over other theology (Brandon)c. what would wall drug need in order to have the park established
i. permits
ii. human resources
iii. how the work will be split with the other company
d. Structure of new park
i. what it looks like and what it has
choose which topic you want.
Sidenote:
I think we should finish the first recommendation before we start on the second part because th
second part will require us to meet and discuss about the 2nd recommendation
Few Ideas not sure where to apply: Combine the marketing personnel for Badlands and Mount Rushmore with Wall Drug for
stronger marketing team or cut deals so we can split advertising cost and package deals
Do we want to try and make it more seasonal or not
Since the hotel is being created, we can make a bus system to take to all places
Package deal
Split cost for hotel and bus system
Color Legend:
Red Optional
Green - Combine two areas to meet and discuss
PowerPoint Layout:
1. Drink so we can gain cofidence
2. Intro to Wall Drug3. Opportunities
4. Threats
5. Recommendations
6. 1st Recommendation Plan
a. Operations
b. Human Resource
c. Financial
d. Marketing
7. 2nd Recommendation Plan
a. Human Resource
b. Financial
c. Marketingd. Operations
8. Closing recap of recommendations
9. Throw a party
Paper Layout:
Introduction of Wall Drug
Luong and short term plans
Quick explanation of recommendations
Talk about each specific section similar to PowerPoint for both recommendations
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Closing with recommendations
Drink some more