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Project France. Prof. Belton, MBA Presented by; Christian Gonzalez Tamika Roland Angelica Casarez Teria Edwards. Table of contents. Project Background Scope Statement Currency Trend Analysis Organizational Chart RACI RBS Work Cited. Project Background.
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Project France Prof. Belton, MBA Presented by; Christian Gonzalez Tamika Roland Angelica Casarez Teria Edwards
Table of contents Project Background Scope Statement Currency Trend Analysis Organizational Chart RACI RBS Work Cited
Project Background M&K Corporation is a U.S. based company manufacturing various electronic products, including imaging devices, semiconductor devices, and automobile image sensors, decides to open an automobile image sensors unit manufacturing plant in France in collaboration with a local company called Pajot Autos Ltd.
Scope Statement International elements, working for M & K Corporation and in collaboration with Pajot Autos LTD, will open a re-organized state of the artautomobile image sensor-manufacturing warehouse in France with a 10-month time frame within a $50,000,000 budget.
Currency Trend Analysis Current .7061 Average .7301 2 yr span
Investment Restrictions How? Foreigners are allowed to own a maximum of 45% interest in a company. Goal: Acquisition of majority of the voting rights
Review Process Ministry of Economy, Finance, and Employment leads the foreign investment review process. Length of decision: Maximum of 2 months After the 2 months if no response is received then it is legally deemed as approved.
Review Process Breakdown Informal meetings are held between the investor and the French Government with open communication. Documentation may be revised during the information exchange meetings to obtain approval. (as long as a notary is present)
Information needed for review “The who, what, where, when, why, and how for approval.” • Location of investor residency • M & K • Primary shareholders identity(carry >5% voting rights) • Board members’ names and addresses • Business activity of Pajot Autos • Investment target’s last fiscal year revenue • Shareholder structure, before and after investment
Organizational Chart Mr. Belton Stake- Holders/Sponsor M&K Corporation Pajot Autos Christian Gonzalez Project Manager Angelica Casarez Procurement Manager Tamika Roland Project Coordinator Teria Edwards HR Manager Documentation Planning Training Change Management Interaction with Employees Support Operations
RACI Chart R: Responsible A: Accountable C: Consult I: Inform
Citations 1. Project Risk Management Handbook by Caltrans (OSPMI) Second Edition www.dot.ca.gov/hg/projmgmt/documents/prmhb/caltrans_project_risk_management)handbook 2. Benefits of doing Business in France from Comminicaid Group Ltd. 2010 blog.communicaid.com/cross-cultural-training/benefits-of-doing-business-in-france 3. Risk Management Process Flow Diagram www.pmiwdc.org/files/evt/kxf/RISK_Risk_Diagrams_KEF.pdf