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Private and Confidential. For X-Culture use only.
Updated February 2, 2020
Track: 2020-1b
Company: ZenCV
Country: Italy
Website: www.zencv.it
Company Presentation: https://drive.google.com/open?id=1BB7qn1ERQbwudCuga4XbR2dvcWTqja7B
Company Business Plan:
https://www.dropbox.com/s/nu3v37ia75yvlsx/BOOK%20WITH%20SPREADS_INVESTORS.pdf?dl=0
Webinars with company representatives: schedule and recordings here.
Questions: If you have further questions, please direct them to Admin@X-Culture.org. Your questions will be
directed to the company representatives.
A note from the company on communication:
On behalf of ZENCV, we promise that we will do our best to reply to your emails but we can not guarantee a 100%
response rate, hence the best way to get answers to your questions would be to come to our weekly "open doors"
webinar held every Tuesday at 7PM-7:30PM (GMT+1) when you can interact with us directly or just write questions on
our Facebook group where we will do our best to cover all queries meticulously or at least prepare answers to be
answered during the webinar.
ZenCV Xculture group on Facebook:
https://www.facebook.com/groups/193851995060161/
Topic: X Culture feat. ZenCV Zoom Meeting
Time: Every Tuesday 07:00 PM Budapest
Link to Join Zoom Meeting: https://zoom.us/j/7534506307
Meeting ID: 753 450 6307
Please prepare your questions by the end of Monday, and post them to our Facebook group so that we can answer them
on Tuesday on our Webinar. "
http://www.zencv.it/
https://drive.google.com/open?id=1BB7qn1ERQbwudCuga4XbR2dvcWTqja7B
https://www.dropbox.com/s/nu3v37ia75yvlsx/BOOK%20WITH%20SPREADS_INVESTORS.pdf?dl=0
https://www.dropbox.com/s/ttennucaz8d32rq/2020-1%20Webinar%20Schedule.docx?dl=0
mailto:Admin@X-Culture.org
https://www.facebook.com/groups/193851995060161/
https://zoom.us/j/7534506307
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COMPANY DESCRIPTION
ZENCV - Never worry about getting a job again.
The world is becoming increasingly overcrowded by robotic templates and AI. We believe it is time for us to
start using technology to enhance mankind in being consumer-centric, not just automate tasks to substitute
humans.
That's why we have created ZENCV.
ZENCV is an online platform for professional resume design & writing services that will match customers with
freelancers like top-notch CV designers and HR/industry experts to create high-quality, custom-made CVs.
The definition of Zen is "Doing one thing at one time," and we apply this philosophy to our customers by
making original CVs that are tailor-made to our clients' characters and their employer’s expectations hence,
differentiating them from a crowd of templates.
Ultimately, our goal is to remove the worry from our customers' minds by taking over CV making, which can
be a painful and tiresome task. By taking this task off our customers’ shoulders with this type of service in
conjunction with providing a high-class CV that guarantees results - we are leaving our customers in a state of
calmness and zen.
Our vision is to create the biggest online freelance
community for creating CVs and career services
where experts from around the world will help
identify what is special in people, help them grow
and help them brand & communicate those special
traits effectively and adequately to their future
employers.
Our mission to build a human-centric, freelance-
based & supportive ecosystem of online services,
tools, and education that will help more than 1
million people per year manifest their best
professional self.
We are currently one of the few players in the market
that offers a tailor-made 360° resume service,
including both CV design & CV writing, which is
planning to use technology and AI to support humans
on our platform to do their work up to 200% faster
instead of substituting them.
That is why we believe that with hard work, we can turn our dream into tangible reality.
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Our Story
The story of the company as told by its founder, Vladimir Bozovic:
It all started two years ago when Federica, my fiance and now one of the company co-founders, was sitting on
the couch, desperately scrolling through job posts on Linkedin and Glassdoor. She had just got her Bachelor's
degree and was determined to find a job. After sending her CV to 52 job positions, she started waiting for a
reply. Days were passing slowly, and Federica was getting more and more anxious. Surprisingly, she got only
three emails back. All negative.
That was very discouraging. How can I design my resume so that it attracts the attention of potential
employers? – She was asking herself.
Not only was she unable to write an effective resume, but she also started doubting if she had what it takes both
as a person and a professional. She was skeptical about her skills and capabilities, and she didn’t know if she
had anything valuable that she could display on that darn piece of paper.
It was obvious that she needed help. Boyfriend to the rescue. We sat together for an hour or 2 discussing what
she wanted out of life, why, and how. Following our conversation, we started putting down all the things she
was good at, all the things she liked doing, and then trying to find the intersection of those two within a role
existing in the real world.
Since an average HR receives 200 emails for a job position, we knew that we had minimal chances to grab their
attention. Hence, we organized the data collected in a way designed to arouse interest, and by using passionate
language that matched her character, we created her first new resume for applying to a position in the
Creative/PR/Marketing sector.
It highlighted her key achievements, projects, and
experience while emphasizing her most relevant
skills, hopes, and plans. All accompanied with
unique and sophisticated aesthetics that were
supposed to match employer expectations
(marketing & data visualization) to help her stand
out from the crowd of competition.
The result? She sent 30 applications and got seven
replies, three of which were interview invitations.
She went to each of them and got two job offers.
But it was not only the beautiful layout, original
design, strong key achievement section or even
that impactful personal statement that ultimately
made her win that job position. No. It was not even
that she was able to make a “Wow” impression to
the recruiter.
It was something more profound.
That human touch was all about finding that
special thing about her - that little, but unique set
of traits, skills, and strengths that she did not even
know she had. Then, once that precious gem of authenticity was found - the only thing remaining was helping
her write it down, brand it, and communicate it to her future potential employers.
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It was merely the process of having a normal conversation together with her, figuring out what she was excited
about, what she cared for, what she hoped for achieving, and helping her understand that there is great value in
her creativity, soft skills, and communication abilities. Ultimately, she realized how she could combine her
passions and strengths, all while doing something that would get her the paycheck at the end of the month. She
was more than happy.
That is the power we humans have to help one another. An algorithm or a machine could not have done it, and it
needed to come from a deep place that only we humans are capable of accessing. That place is called empathy.
In the meantime, Tamara, Marija, and Dusan, our friends that are professional Designer/ Architect/Designer,
respectively, were designing CVs in their spare time for some of their friends. They were also achieving great
results and feedback.
Our team boosted with Dorotea and Marija, our friends from high school, now psychologists with HR
experience and (super)natural abilities to peek into your soul, extract the most hidden but relevant contents, and
present them on paper in a way guaranteed to impress a future employer! Now they were analyzing each soul
coming through the gates of ZENCV, hunting down CV mistakes, and serving some freshly baked professional
CVs.
Accompanied by our Digital Transformation Strategist Riccardo with experience in innovative startups and our
friend from primary school, Kristina - a digital nomad and SEO mage we are determined to organize our online
presence & strategy so that we reach all those people needing help and advice to hunt down their next career
move. We are planning to do so in a human-first, human-centric fashion that will bring about significant
societal benefits.
After spending multiple weekends discussing and researching, we understood that a good resume needs both
sound design and relevant content to be successful. We also found out that current competitors only offer either
CV design OR CV content writing, but not both at the same time. Hence, we concluded that there was a
significant gap in the CV market, and that is why we decided to make a business out of our little idea.
Moreover, just like different football players have different roles - we also understood that our personal and
professional skills are fantastically compatible, which
is how we knew that we were on the right track.
Federica has a meticulous and pragmatic approach
that allows us to materialize all of our fuzzy ideas and
initiatives while Maki & Tami & Dusan are the
creative volcano that erupts beautiful designs and
ideas. Vlad and Riccardo, the CEO & CFO are
personally passionate and empathetic team-players
and professionally bright-minded innovators whose
skills sit on the intersection of business, design, and
technology. They focus mostly on how to turn all of
that fuzziness and creativity into a viable business
model with real numbers while keeping the startup's
fire bright and growing. Kristina, our SEO guru, is
envisioning our online strategies to create a magnetic
pull of customers while Dorotea and Marija are
handling all of those incomers from an HR consulting
point of view.
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THE CHALLENGE
ZENCV already has some following in Italy and around the world. The company seeks to expand into new
markets and accordingly asks for your help with the market expansion strategy.
Please present your recommendations for the following:
Section I. Marketing
1. Market Research
To provide the foundation for your marketing strategy development, start with market research. ZENCV
suggests that you do the following:
To better understand customer tastes and preferences and test the product-market fit
• Survey a sample of people who could potentially order CV writing services from ZENCV. The suggested interview questions are provided in this online survey
Use this link to view the collected data
• Survey a sample of HR specialists to understand better how they manage their recruitment and selection and how they process job applications and CVs.
The list of suggested interview questions are provided here
Use this link to view the collected data
• Imagine that you need a CV either as a student or as a working professional. Go to zencv.it and navigate through the website looking for the service that you might want. Try using mobile as well. How would
you describe your customer experience? Easy? Hard? What do you think about the website? Could you
help ZENCV by proposing ideas for improvement? Fill in the results here.
• SEO: Assess ZENCV’s online presence compared to the competition in the proposed market. Use SEO assessment tools, such as Google keyword planner, Ahrefs free tools, Moz trial free tools, or
Ubersuggest to analyze the keywords used by ZENCV vs. the competitors to achieve favorable rankings
by the search engines. Find 15-25 keywords that ZENCV’s competitors are ranking for.
When conducting your analysis, it may be a good idea to divide keywords into several groups: high
volume search + low competition, low volume search + low competition, high volume search + high
competition.
This article provides a guide on how to find competitor keywords and assess their relative rankings and
SEO effectiveness.
2. Promotion Strategy
As ZENCV already has a half-finished promotion strategy in place, ZENCV needs help with the development
of the promotion strategy on both the operational and strategic levels. Primarily and, most importantly, ZENCV
needs help in developing what they already started (SEO blog article research & writing), and secondly, it could
also be beneficial to provide creative brainstorming to come up with new tactics that ZENCV can utilize to
make their promotion efforts even stronger.
• Operational Promotional Materials (with Awards) :
https://forms.gle/bLeFenNHUyBUSiu6A
https://tinyurl.com/tm7fgh4
https://forms.gle/rGwgcUdeZQjDxbC57
https://tinyurl.com/uszfyuk
https://www.surveymonkey.com/r/HXC5W3Y
https://blog.hubspot.com/marketing/how-to-do-keyword-research-ht
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Most important in this section are the SEO articles to be written (with awards). Also, to potential interest
customers, your client will need to present information about its products. Illustrate your knowledge of
the target consumers in your chosen new market by developing a mock-up locally-tailored marketing
brochure, email or webpage template, or social media post that your client can use to promote the
product. It does not need to have the perfect graphic design. It should only serve as a concept sketch for
what the promo material should look like to be effective with the target market segment.
ZENCV heavily relies on content marketing. Consider developing your own content that could be
effective for promotive ZENCV’s products, such as:
• Articles (with Awards): Research a chosen topic and write 1-3 SEO-friendly articles on topics relevant to ZENCV’s product.
Check the proposed topics to choose from in this sheet
Here are some writing guidelines
The company is also willing to offer prizes for the best content, more here
• Mockup CV: Create a socially shareable CV for a fictional character (content only, no design). Write a CV for a fictional (better option) or non-fictional character that is popular in today’s culture
or for a character you know well. The content should be usable for online promotion. An example of
a CV for the Night King (Game of Thrones) is provided below.
Use this guide when developing your mock-up CV.
https://drive.google.com/a/zencv.it/file/d/1z-qlBNWgQ2k8gBJOKtuHL5Og4N6tHywp/view?usp=sharing
https://tinyurl.com/w28f3qo
https://docs.google.com/document/d/1PmWx98fM2aGkvLxxn5yo7vtLG_cAOVv4c-B_6qu3mXM/edit?usp=sharing
file:///C:/Users/bvlad/Downloads/tinyurl.com/ro24lvy
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• Strategic Promotion Channels: What is the best way to promote the product in the proposed new market in order to convince consumers to buy the product? Should the product be marketed directly to the end
consumers or intermediaries, such as local partners, retailers, or distributors? What are the best message,
slogan, and other marketing campaign elements? If applicable, discuss if the brand name or its
presentation should be modified to make the product more appealing to the tastes and traditions of the
consumers in the new market.
Currently, ZENCV relies on online advertisements and SEO for promotion. Are there other cost-
effective promotion channels that allow reaching the customers or retailers/disturbers, such as mailing
lists, social media groups, professional associations and meetings, bloggers or opinion leaders, industry
periodicals, or similar channels that are inexpensive, but allow to get directly (and ethically) to the
decision-makers?
Provide a clear step-by-step guide for how to place an ad or distribute a message through the channels
you are proposing, how much it will cost, how frequently it should be done, etc. For example, do not
merely say “Advertise via Facebook.” Provide the exact steps, cost, contacts, and other tips for
maximum effectiveness.
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Lesser-known but very effective promotion channels could include:
Influencers: Find niche influencers relevant for our company to build relationships with (e.g., HR specialists, psychologists, business consultants). If you find more than 2-3
relevant influencers, present your research and suggestions in the form of a table that
summarizes your findings, including:
• Names of the influencers
• Their presence online (Facebook, LinkedIn, Instagram profiles, webpages)
• What are their terms of promoting other parties’ products and services?
Put all the data related to influencers within this Google form
Collected data could be viewed here
Social Media Groups: Search for groups on Linkedin, Facebook, Discord, Quora, Reddit or other social media that might serve as a channel for communicating with
potential customers via blog posts, news, or discount coupons, and other content. If you
find more than 2-3 such groups, present the results of your research in a table that
summarizes:
• Group names and addresses
• Target audience: Who are the group members?
• What should be the main message of the marketing campaign, and how should it be presented?
• How content could be posted in the groups, and what are the accepted standards and costs?
Please provide your data related to social media groups in this Google form
You can view the collected data here
Evaluation Rubrics
7 – The marketing strategy is rooted in solid market research, the recommended promotion channel(s) is cost-
effective and allows to precisely target the potential customers, there is a clear step-by-step guide for how
to place an ad there and how much it will cost; samples of marketing materials are appealing and
convincing, all recommendations are supported by convincing arguments.
4 – Good suggestions, but not enough detail and weak supporting arguments, some parts are irrelevant or
redundant, the formatting is inconsistent.
1 - Impossible to figure out what the recommendation is, supporting arguments are absent or entirely off the
point, not supported by credible sources.
https://forms.gle/dMmcenSUhA19mDJa9
https://docs.google.com/spreadsheets/d/1hA3y1HEFGB_AkZIo7xXHg6233CFwMtGxsCO0z9rL2Z0/edit?usp=sharing
https://forms.gle/AxW4AtDyKvLeQcD19
https://docs.google.com/spreadsheets/d/1Rag1tK9BofpOK0YzLGr2_mrVbTeShCTC3h4FgU5GcRo/edit?usp=sharing
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Section II: Market and Product
3. Industry and Competition Analysis Start by learning as much as possible about your client’s industry, customers, and competitors.
We recommend that you follow the following steps:
Answer the following questions:
• Who are the competitors of your client company?
• How do they operate? What business model do they use?
• What are their products?
• How do their products and prices compare to yours?
• Strengths and weaknesses of your client compared to the competition?
• Threats and opportunities these strengths and weaknesses present?
A google search will allow you to find dozens of companies that offer resume services. Try to conduct initial
research on at least 10-20 competitors. From that list, identify 3-4 most threatening competitors and analyze
their product and business model in more depth. Present your results in a table that covers the following:
• Design: How beautiful is the design of their resume samples
• Number of options: Different designs to choose from
• Price: How affordable is their product?
• Service: How good is their customer service?
• Content: How good is their CV content?
• User effort: How easy is to obtain their final product?
Consider presenting your competition analysis as infographics or other easy-to-read format, like the following:
When assessing your client’s competitive position, you may find this short guide and this 5-min video on
SWOT analysis helpful.
Please use this form to collect the data about competitors.
Access the collected data on this link.
4. Product development
http://goo.gl/uV3cVg
https://www.youtube.com/watch?v=GNXYI10Po6A&feature=youtu.be
https://forms.gle/NVMzuqE8AjD5aGK36
https://docs.google.com/spreadsheets/d/1i1SFHZ98qf2DZLzfgSQBZGyDp7Tv1S4ByDoGP0bqAsU/edit?usp=sharing
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Based on your industry and competition analysis, would you recommend that your client revise their product
offering or business model?
Should ZENCV client modify its main flagship product (CV design + CV writing)?
For example, ZENCV is already considering some new options, such as:
offering interactive CVs, CVs that have a video instead of a photo, DIY resume builder, help with designing
LinkedIn profiles, help with developing cover letters, offering candidate pre-screening services to recruitment
companies or directly to potential employers, adding psychological and personality testing of job seekers, etc.
If you are recommending that ZENCV’s main product or business model be changed, and if you are offering
several alternatives, describe each alternative in terms of:
• Assessment of the practical difficulty of that alternative: How hard is it to realize?
• Financial analysis of taking that alternative: What would be the costs and revenues just roughly?
• Pros/cons of each alternative
When considering new-product and business model options, pay special attention to client retention. That is,
after the main product is sold (CV has been designed), can ZENCV continue working with the client and offer
other follow-up products and services? What else could clients need in the future that ZENCV could help with,
perhaps even after they find a job and no longer need a new CV? How can ZENCV continue helping them at
the next stage in their professional careers?
It is OK to conclude that ZENCV should stick with its current product/model. If you believe a modification of
the product/strategy is unnecessary, explain what other alternatives you have considered and why you have
concluded the current model is optimal.
5. New Market Selection and Analysis
Based on your industry and competition analysis, what are the new promising markets for your client? Which
country(ies) present(s) the most significant growth opportunities? Explain the criteria you considered when
selecting the most promising new market (e.g., income level, language, geographic proximity, political and
economic stability, etc.).
Provide an in-depth analysis of the proposed new market. Describe its culture, institutions, job search traditions,
customer tastes and preferences, and anything else that ZENCV must know to succeed in the market.
Please do NOT write here anything and everything you can find about the country. Include only the information
that is consequential for the market entry strategy.
Note, the market does not have to be a particular country or a geographic region.
Evaluation Rubrics
7 – Clear definition of the market(s); concise list of the client’s strengths and weaknesses compared to the
competition; strong recommendations for product and business model improvements; the recommendation
for the new market clearly explained; brief but insightful market analysis, strong supporting arguments,
sources properly cited.
4 – Good analysis and recommendations, but some elements are not well-argued; some parts are irrelevant or
redundant.
1 - Impossible to figure out what the recommendations, supporting arguments are absent or completely off the
point, not supported by credible sources.
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Section III. Operations Management
6. Entry Mode and Partners Are direct sales the optimal market entry mode, or a joint venture, franchising, wholly-owned subsidiary, or a
partnership with the local partner would be more effective? If a partnership with a local distributor, retailer, or
partner is advised, what companies would be the best candidates for such partnerships?
The local partners could be
• HR/recruitment companies;
• Universities, training schools, NGOs, or governmental agencies that teach students or non-student job seekers how to find jobs and write CVs.
Try reaching out to 5-10 faculties and their representatives and get their feedback on our CV workshop
proposal, by either asking them to fill out this survey or asking these questions in person. Click here to
view collected results. This will allow you to understand better if this idea would work so that you can
use collected info to structure details of the CV workshop proposal. ZENCV will offer free CVs for best
students here as well as the possibility of internship.
Present a list of potential partners and explain why they might be interested in working with ZENCV, including:
• The optimal form of collaboration (e.g., independent partners, joint-venture, franchising, etc.)
• What can ZenCV offer them?
• Who is the best contact in the company to discuss possible collaboration?
Submit the results of your analysis in this sheet. Students that are able to help ZENCV secure a valuable
partnership will get 20% of the total value from that partnership (first 6 months) as well as free ZENCV
services.
If it is necessary to establish a legal presence in the new recommended market, please provide information on
how a company can be registered in the country (steps, time, cost) and what legal entity type would be optimal
(e.g., LLC, non-profit, etc.).
7. Pricing Develop the pricing strategy that will result in the highest profits in the proposed market, including:
• The optimal price structure (e.g., fixed price per CV, subscription, bulk pricing, retention bonus, repeat customer discounts, financing, etc.
• The optimal price point for the recommended strategy: e.g., the price per CV, the cost of a monthly subscription, etc.).
This blog and this article offer a good overview of some of the available pricing strategy options.
8. Finances and Funding
Identify the most suited type of startup funding that ZenCV should go for (for instance: Crowdfunding,
Angel Investor, Loans, etc.) by also stating the rationale behind that choice and PROS and CONS for each
identified opportunity. Give 5 suitable examples of potential investors for the best type of investment that
you have found. (for example if you choose Angel Investor - provide 5 potential Angel investors compatible
with out business)
Recommend sources of funding for future growth, such as:
o Government grants for startups
o Government grants for companies that aid people in their job search.
https://forms.gle/GynwqcNHd4hmHmXM9
https://docs.google.com/spreadsheets/d/1rbopKU23XVUNHePLIboeJDr861-D5OP-5TtBUfLLWVI/edit?usp=sharing
https://forms.gle/37MNpsrxaPFnbMZ88
http://www.nickkolenda.com/psychological-pricing-strategies/
https://www.entrepreneur.com/article/227083
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o Special loans/financing instruments o Startup competitions with monetary prizes
Provide additional information, such as: internet links to resources with more details on the funding agencies and the relevant grants, application deadlines, tips on how to maximize the
chances of receiving the grants
Evaluation Rubrics
7 – The proposed entry mode, pricing strategy, and recommended sources of funding are viable, an extensive
list of local partner provided with all the necessary contacts and details, the recommendations are
supported by convincing arguments.
4 – Good suggestions, but not enough detail and weak supporting arguments, some parts are irrelevant or
redundant, the formatting is inconsistent
1 - Impossible to figure out what the recommendation is, supporting arguments are absent or completely off the
point, not supported by credible sources.
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REPORT STRUCTURE AND FORMATTING
Report structure:
• Title Page must contain o team number o client company name o names, emails, and countries of residence of all the team members and a short summary (5-15
words) of the role and work completed by each team member.
o If any of the team members dropped out or did not contribute to the report, please still list them, but add a note “Did not participate” by their names.
• Executive Summary (300-400 words, bullet-list format preferred) that provides a short review of your key findings and recommendations. The Executive Summary should not be saying what the report will be about
(list of topics), but rather summarize your key recommendations (the proposed new market, key findings of
the industry analysis, key features of the recommended marketing and pricing strategies, etc.). By reading
the Executive Summary, your client should be able to see and understand right away your key
recommendations. The rest of the report should only provide more details and supporting arguments.
• Report sections corresponding to each question listed above. Start each report section with short bullet-list summary of the key recommendations presented in the section
(2-4 bullets, each 4-10 words long), followed by 2-5 pages of more detailed explanations and supporting
arguments.
• References: if you cite any sources in the text of the report, provide full references in this section. Please use APA-6 citation style (google how to cite sources using APA-6 if you are not sure).
• Appendixes: If needed, add additional information in appendices, within the page limit.
Formatting:
• The report must be 15-25 single-spaced pages (7,000-15,000 words) including the title page, executive summary, references, and appendices. Each section should be 1-4 pages long. Generally shorter is better, so
be as concise and focused as possible. Design your report for easy navigation and scanning for key ideas.
• Number all pages in your team report.
• Portrait page orientation.
• Margins should be 2.5 cm (one inch) at the top, bottom, and sides of the page.
• Font type should be 12-point Times New Roman throughout the report.
• Single-space all body text.
• Indent the first line of a new paragraph.
• The text should be left aligned.
• All citations used must be cited in the text and in a reference list at the end of each report. In-text citations should include only the name of the author(s) and the date of the publication. Full references should be
provided at the end of the report. Please use APA reference style.
• A picture is worth a thousand of words, so use of figures, graphs, pictures, as well as tables is encouraged. It is recommended these are included in the main body of the report.
• Know your client: Which English spelling dictionary and paper size (A4/US Letter) varies based on which country your client’s business is headquartered.
http://www.library.cornell.edu/resrch/citmanage/apa
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Note About Presenting Academic Frameworks to Business Executives:
Academic frameworks (e.g. SWOT, PESTLE, Porter 5 Forces, etc) are excellent for populating data and
facilitating analysis. They demonstrate a more rigorous thinking process rather than just ad hoc anecdotal
opinions.
However, it is the insights drawn from such academic frameworks that is of interest to business executives. Just
populating an academic framework and placing it in the body of a report without highlighting the insight gained
adds little value for the business executive. The eyes of a busy business executive will skip over a busy
populated academic framework as discrete descriptors within the framework mean little – it is the relationships
and insights that you highlight that is valuable to a business executive (do not have the reader guessing what
you thought was important in the chart – tell them).
The best reports discuss the insights within the body of the report, perhaps supported by a simple chart,
referencing the academic framework in the appendix. Diagrams, charts, summarised tables, etc. certainly are
fine within the body of the report, but there should be an easy to deceiver message from such graphics.
Download a PDF of a report from McKinsey Quarterly (www.mckinseyquarterly.com) to obtain an illustration
of one approach.
Evaluation of the Executive Summary
7 - Short but gives a very good idea about the key ideas presented in the business proposal, the client can get a
good idea about the main points of the proposed strategy from the executive summary;
4 - Gives some idea about the key suggestions, but some points remain uncertain; a bit too long; not to the
point.
1 - Not possible to figure out the key ideas of the business proposal from the summary, too short or too long
Evaluation of the Formatting
7 – The report has a clear structure, visual appeal, the sections are consistently formatted, sources are properly
cited, the formatting guidelines are followed exactly with respect to the page limit, font and other
requirements.
4 – The formatting guidelines are generally followed, but there are some deviations, there are some signs of
sloppiness in document formatting.
1 – The document looks very unprofessional, different report sections are formatted differently, the document is
very hard to read and navigate.
http://www.mckinseyquarterly.com/
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TASKS AND DEADLINES
Each week, you will be asked to fill out a short survey to report your team’s progress, evaluate the
performance of your team members and provide other information we need to understand better why some
teams perform better than others. Please see the informed consent form at the end of this document for more
details.
Important: Participants who receive peer evaluations below 2.0 (out of 5.0) will first receive a warning. If
their peer evaluations stay below 2.0 two weeks in a row, they will be automatically excluded from the team.
Important: Occasionally emails with invitations to take a survey are filtered into the Junk/Spam email
folder. Please check your Junk/Spam email folder (search for messages with “X-Culture” in the subject line)
if you don’t receive a survey invitation message around the date specified in the table above.
All deadlines are set for 11:59 pm (23:59), EST time zone (New York).
1. Pre-project Readiness Test
Due: Any time before the official project start
Before the project starts, all participants must review project materials and take a Readiness Test. The test
will include questions about the project and online collaboration tools, as well as questions about your prior
international experience and background. You must successfully pass the Readiness Test (80% or more
correct answers) to participate in X-Culture. If your semester starts after the official start of the project or you
do not complete the Readiness Test on time for another reason, do so as soon as you can – we will continue
adding new participants for about ten days after the project start.
Official Project Start, Teams Formed
Monday, March 2
As long as you completed the Readiness Test, you will receive the names and contact information of your
team members on this day. Please reach out to your teammates immediately to establish contact. Introduce
yourself, and start working on the project. Students whose semester starts later will be added to the existing
teams once their semester starts, so it is likely an additional student may be added to your team in the first
two weeks.
2. Establish Contact with Your Teammates
Due: Thursday, March 5
By this date, you are expected to have exchanged at least a few messages with your teammates. If some
teammates are not responding, you are expected to send at least three email reminders to them by this date.
Team members who fail to establish contact with their teams will be excluded from the project. Your
communication starts via email, but once the initial contact is established, your team can use any means of
communication.
Deliverables: A few days before the deadline, you will receive an email with your personal weekly survey
link. The survey will ask you to report whether or not you have communicated with all of your team
members. Team members who fail to establish contact with their teams may be removed from the project.
Note:
This and all other weekly surveys will also ask to evaluate your team members’ performance and provide
additional information we need to understand better why some teams perform better than others. Please see
the informed consent form at the end of this document for more details.
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3. Meet Your Teammates
Due: Sunday, March 8
Meet your team members: Please learn as much as possible about your teammates (background, interests,
hobbies, experiences, etc.). Research shows that spending a little time getting to know team members greatly
improves team effectiveness. It is also strongly recommended that you try a live video call (e.g., Skype).
Deliverables: A few days before the deadline, you will receive an email with your personal weekly survey
link. The survey will test how well you got to know your team members. It will contain a few questions about
your team members, such as their background, interests, etc. The acquaintanceship test will not be graded, so
do not feel obliged to reveal any personal information to your team members or insist that your team members
reveal their personal information to you. However, try to get to know your teammates as much as you can.
4. Select the Client Company, Team Charter
Due: Sunday, March 15
By this date, your team is expected to review all available challenges and select your client organization.
Before you choose your client organization, please carefully review the challenges presented by each
organization and try to attend (or watch the recordings of) the webinars with each of the client companies,
which will be held in the first week of the project.
Team Charter: Discuss with your team members and collectively write a one-page Team Charter that details
how your team will operate. It is recommended that the Team Charter includes the following sections:
• Distribution of roles and tasks. Many teams divide the workload by the report section. Research shows teams perform better when they divide the workload by function: one person is tasked with
coordinating team efforts, checking everyone’s progress, sending reminders, redistributing tasks if
needed; another person, usually a native English speaker, serves as a copyeditor, and so on. Many
teams also select a person whose role is to question everything and force the team to weigh their
options more carefully. Some teams assign a person whose job is to make sure nobody is ignored.
Some people are shy or may have a hard time keeping up the pace, and it is important they are not left
behind and their opinions are voiced and given full consideration.
• Dealing with conflicts. How conflicts (interpersonal, task, process) will be resolved.
• Dealing with free-riders. In most teams, someone is always late, produces low-quality work, or underperforms otherwise. Sometimes, a team member stops working altogether (gets sick, busy at
work, family problems, or simply drops the course). How will the team deal with the loss of a team
member? Who will redo the work if needed?
Deliverables: A few days before the deadline, you will receive an email with your personal weekly survey
link. The survey will ask you to report the name of your client organization, as well as ask each team member
to submit the same copy of the Team Charter.
5. Initial Individual Research and Ideas
Due: Sunday, March 22
Conduct your initial research and try to learn as much as possible about the industry your client operates in:
Who are the main players? What the most popular products and technologies? What new technologies and
approaches are likely to dominate the industry in the future? Is the industry regulated by the government and
how? What are the differences in different regions of the world? How does your client compare to the
competitors? What are your client’s strengths and weaknesses? Try to interview 2-3 potential customers of
your client company to better understand how they make purchasing decisions and if (and why) they would
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choose your client over the completion.
Review the challenge questions listed in the three sections earlier and, based on your initial research, jot down
your personal initial answers to each of them. You do not have to write more than a few words in response to
each question at this point; just your initial ideas and possible answers. This will prepare you for the team
discussions when your team will be collectively developing the best answers to each question. Even if your
team decides to assign a different report section to different team members, it is very important that each team
member shares his/her suggestions for each question. This will give the team member responsible for the
report section more to work with and help develop better final answers.
Deliverables: A few days before the deadline, you will receive an email with your personal weekly survey
link. The weekly survey will ask you to report the results of your initial individual research and your initial
individual suggestions for responding to each block of questions listed earlier. Specifically, you will be asked
to:
• Report the results of your industry analysis, including a brief description of the industry, your client’s strengths and weaknesses compared to the completion, etc. (bullet list of key findings, half a page
total)
• Your initial recommendations for the most promising market, market entry mode, key elements of the promotion and marketing strategy, and key elements of the operation strategy (1-2 points in response
to each question, a paragraph per question).
6. Block 1: Market Analysis
Due: Sunday, March 29
This week, your team is expected to submit a draft of your Section 1. It does not have to be a fully finished
report section. However, try to complete as much as possible. The more you complete now, the less work
your team will have to do later. The drafts will not be graded by X-Culture and will not affect your chances of
winning the completion (we only evaluate the final reports). However, the instructors will have access to
these documents in case they would like to review your work and provide feedback.
Deliverables: A few days before the deadline, you will receive an email with your personal weekly survey
link. The survey will ask you to submit a draft of your Report Section 1 (the survey will contain a document
upload link). Although your team is expected to develop the section draft collectively, only one team member
will be asked to upload the document on behalf of the team. However, every team member will be asked to
complete the rest of the progress survey (questions about how your team is doing and peer evaluations).
7. Block 2: Marketing
Due: Sunday, April 5
This week, your team is expected to submit a draft of your Section 2. It does not have to be a fully finished
report section. However, try to complete as much as possible. The more you complete now, the less work
your team will have to do later. The drafts will not be graded by X-Culture and will not affect your chances of
winning the completion (we only evaluate the final reports). However, the instructors will have access to
these documents in case they would like to review your work and provide feedback.
Deliverables: A few days before the deadline, you will receive an email with your personal weekly survey
link. The survey will ask you to submit a draft of your Report Section 2 (the survey will contain a document
upload link). Although your team is expected to develop the section draft collectively, only one team member
will be asked to upload the document on behalf of the team. However, every team member will be asked to
complete the rest of the progress survey (questions about how your team is doing and peer evaluations).
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8. Block 3: Operations Management
Due: Sunday, April 12
This week, your team is expected to submit a draft of your Section 3. It does not have to be a fully finished
report section. However, try to complete as much as possible. The more you complete now, the less work
your team will have to do later. The drafts will not be graded by X-Culture and will not affect your chances of
winning the completion (we only evaluate the final reports). However, the instructors will have access to
these documents in case they would like to review your work and provide feedback.
Deliverables: A few days before the deadline, you will receive an email with your personal weekly survey
link. The survey will ask you to submit a draft of your Report Section 3 (the survey will contain a document
upload link). Although your team is expected to develop the section draft collectively, only one team member
will be asked to upload the document on behalf of the team. However, every team member will be asked to
complete the rest of the progress survey (questions about how your team is doing and peer evaluations).
9. Complete Draft
Due: Sunday, April 19
By this date, your team is expected to have a complete draft of your report. It does not have to be a finished
report, but it should be as complete as possible, including Title Page and an Executive and Chapter Summaries,
and correct formatting throughout the document.
Deliverables: One team member should submit the draft via TurnItIn.com on behalf of the entire team (see
step-by-step submission guidelines below). After your document is submitted, TurnItIn will generate a
plagiarism report that will show you if any parts of the report have been plagiarized (takes several hours to
produce). Usually, up to 20% similarity is acceptable, provided that copy-and-pasted materials are properly
referenced. If plagiarism is detected, your team will have until the Final Report deadline (see below) to fix the
problem and submit a plagiarism-free final report.
This draft will not be graded and the plagiarism statistics will not be shared with your instructors. This is only
for your information. You should continue editing the report until the final deadline, and you can still make any
changes or additions.
However, it is strongly encouraged that you submit as complete a document as possible, You will be able to
submit your draft and check it for plagiarism only once, so the more complete the draft, the less the chance that
the final report will contain plagiarism.
Also, every team member will be asked to submit your usual weekly progress survey. A few days before the
deadline, you will receive an email with the usual questions about your team.
10. Final Report
Due: Friday, April 24
By this date, your final report must be submitted via TurnItIn.com (see Submission Guidelines below).
Please note, the plagiarism statistics for final reports will be generated by TurnItIn and shared with the
instructors, but the plagiarism report will not be shared with the students.
Only one team member must submit the final document via TurnItIn.com on behalf of the team.
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11. Post-Project Survey
Due once report submitted, but no later than Sunday, Due: Sunday, April 26
A few days before the deadline, you will receive an email invitation with a link to your post-project survey.
This is the most important survey.
The survey will ask about your experiences in X-Culture and evaluate the performance of your teammates.
Your answers are extremely important and will help us improve the project in the future.
Every team member must complete the survey.
Submission Guidelines
The report draft and the final report documents must be submitted via www.TurnItIn.com. Only one team
member must submit the documents on behalf of the entire team. The team member who will be submitting the
draft and final report must follow these steps:
Part 1. Create a TurnItIn account (time required: 60-90 seconds).
1. On www.turnitin.com and click on the link “Create Account”. 2. On the next window, under the “Create a New Account” heading, click on the “Student” link. 3. Enter the Class ID. Note the Draft and Final report submissions have different Class IDs:
Class ID: 23500622 (class enrolment key xculture)
Note: If you already have a TurnItIn account, log on using your “old” login information, click on the “Enroll in
Class” tab on the top, and repeat step 3.
Part 2: Submitting the paper (time required: 60-120 seconds)
4. Once the account is created, you can log into your account. Your home page will list your classes. 5. Select the correct class and click on the "Submit" button.
Make sure to select “Draft” assignment for the report draft and “Final Report” for the final
report.
6. Choose Single File Upload. Make certain the file name only contains your team number.
Wrong: “Final report 123.pdf”, “Team Report.pdf”, “Team 123.pdf”, “John Smith.pdf”
Right: “123.pdf”
7. Click on "browse" to locate the paper saved to your computer. 8. Click on the file and click "open". 9. Click the "upload" button at the bottom. 10. Click "submit" to confirm your submission. Once the submission is finalized, you will see “Your
submission was successful” on the top of the page. If you wait a few hours, you will see your “originality
report” that shows how much and what parts of your report have been plagiarized.
research will have no effect on your course grade.
http://www.turnitin.com/
http://www.turnitin.com/
Section I. Marketing
1. Market Research
2. Promotion Strategy
Section II: Market and Product
3. Industry and Competition Analysis
4. Product development
5. New Market Selection and Analysis
Section III. Operations Management
6. Entry Mode and Partners
7. Pricing
8. Finances and Funding
Submission Guidelines