Hi everyone,
Here is a link to my wiki where you will find my full venture pitch and executive summary and elevator pitch.
Live Teacher is a fictional course management platform which creates ONE integrated course management system that is connected to all four levels in education; 1.Administration 2.Teachers 3.Students 4.Parents –No Overlap and easier for teachers to setup online content on.
Full Pitch & Elevator Pitch can be viewed at;
http://liveteacher.wikispaces.com
Enjoy,
Dawinder
Software: Inspiration 8
Powered by the proven techniques of visual learning, Inspiration 8 supports multiple learning styles with three unique environments for creating diagrams, outlines and mind maps. Using Inspiration, students develop critical thinking, planning and organisational skills for lifelong learning and achievement.
Face 1: Market Focus
Face 2: Types of Offerings
Face 3: Who is the Buyer?
Face 4: Global Markets
Face 5: Development of the Market
Face 6: Learning Technology Competing with Other Forms of Learning
Recombo 2005
CEO Credibility
Brad Mcphee. At first I found his presence not powerful enough to lead the company during a time of transition. As I watched further, I found he was knowledge but still did not provide with a clear vision about what Recombo’s goals were. Maybe that is why there is currently a new CEO leading the company.
CEO 2009: Mike Gardner Source: http://www.recombo.com
Management Team
Only name mentioned in the video was Brad Mcphee. He also mentioned that there are a total of 3 sales people and 12 current employees. They are in the process of hiring 10 new employees.
Business Model
Recombo has technology that allows users to run their course content on. I believe there product and business model is feasible. They are trying to sell existing technology to customers.
Private Company with investors
Competitive Products
Have switched from a product based company to a service based company. “Services provided over a architecture”. Trying to prove that they have technology that solves business problems.-
-“Content integration router” new product out. “Adapter “is a performance evaluation product.
Market Readiness
Recombo is currently in a year of transition. They are shifting from a product centered business to services centered business.
Technical Innovation
Their lighthouse technology seems to give them a competitive edge. It seems like there are constantly innovating new ideas and re-packaging old ones to make them better.
Exit Strategy
– Although they have a great product, I believe they do not know what success looks like. They are prepared to walk away from a business if it does not fit there business model. Estimated dollar value is 100 million. If the price is right he/shareholders would sell the business.
Overall Investment Status
Have a signed a new deal with a publisher that is equal to their entire revenue. Are a growing company which is hiring an additional 10 employees. Current employee base is 12. I would invest in this company.
UBC OLT
CEO Credibility
Michelle Lamberson (Director). She seems to come across very knowledgeable and credible. She understand some the problems that OLT faces and some of the opportunities as well.
Management Team
Nothing is really mentioned in the video. When access the OLT website the page cannot be displayed. Page might be down for maintenance.
Business Model
Role: OLT plays a leadership role in Facilitation, Coordination and Communication of technology within curriculum of courses at UBC. I believe because they are part of university most of their funding comes from the government and student tuition. This means they are not selling a product or service in the open market .
-Public Education Institution.
Competitive Products
They provide a services of hosting and maintaining e-learning platforms at the university. It seems they have no other competitors within the university.
Course Management Software.
– Recently they have bought a new server to host web blogs and wiki’s.
Market Readiness
Success for OLT is not measured in profits but more in the learning success of students within the e-courses at UBC. Seamlessly integrating technology into courses is a measurement of success.
Technical Innovation
– learning through blogs and wiki is an new project that they are trying at UBC. Their goal to always incorporate new ideas. And they understand that some will fail and others will succeed
Exit Strategy
Student centered goals.
Driven by UBC faculty and students. As a support unit OLT will always have to be there as a non for profit organization of the university.
Overall Investment Status
They have to keep showing the university that are benefit. They will never really earn the university money but that is not their role. Their role is to help facilitate the technology
Hi everyone,
ETEC 522 is my 10th and final course and it feels good to be almost done. This is officially the last introduction that I will write within the MET program. Feels like a sad day.
I am really excited to take this course because I find exploring the business side of education very interesting. I currently teach Information Communication Technology at Princess Margaret Secondary School in Surrey BC. Part of my role at the school is that of Technology Facilitator. One part of my role as technology facilitator is to evaluate which technology enhancements are best for our school. Knowing how to financially evaluate which technology is best is a key part of this.
I’m look forward to getting to know all of you through next few months.
Speak with you soon,
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