Speaker A: Uh 'kay. So Yep. Okay so we're here to talk about the detailed design of the product, 'kay? And here's the agenda for this meeting. Uh I'm just gonna open, say a few boring words to start with again, and start taking minutes afterwards. You guys are gonna give us a presentation of our wonder product that I can see some demonstrations of over there. Looks cool. And then we're gonna evaluate it. Then we're gonna talk about finance, and I've got a lovely Excel spreadsheet that I knocked up in the last five minutes for this. And uh yep. And we're gonna evaluate the product and close. Got forty minutes to do this in. We should be fine. Let's try and keep this one on schedule. So Your thing is in where is it? Is it in Who wants it? Zapping your favourite channels, eh? Oh okay okay. Ah 'kay okay, that's favourites. Ah 'kay. I like the the the the logo on there as well. It is very prominent. So this is the Okay. Ah, okay I see. It's pretty cool. Is that could that be easy to for the scroll wheel to be rotated if it lands on it? Oh well I guess it depends on the stiffness a little of it. Mm. Feels good. I take it that this is gonna be slightly lighter in the final design as well. Yeah it's kinda cool. You have to reach a little bit don't you. Ah yeah that wouldn't make sense. It's cool. I'm impressed. And hold it so wh what's the marketing perspective? Okay. Mm it's impressing. So let me get it, if I press this button I see. That's pretty cool. Hang on. I plan to do that as well. So the the two blue are are those for the the it to charge off of in? Ah okay okay. Yeah it's the right shape isn't it? But maybe if you had a trigger plus the scroll then that would get past the the problem of it landing and scrolling, 'cause then it would need to be hit on both sides. Okay. But it's definitely got options for like different types of models and things as well based on that, hasn't it? So is that the the final colour scheme as well or? Okay. The hmm. It came off. The scroll wheels, a problem with them not being sort of I don't think the user interface guy wants to touch it anymore. Mm. Okay enough of that. Well i it's cool guys. 'Kay so are we done with the this presentation? Okay. Now now. Have you? Okay. Can I not get your get at stuff from your shared folder now? Oh I see I see. Do you would you a argue that that we're better going for the higher cost than bringing it down into twenty f five as we probably could, but lowering our profit margins? Mm-hmm. Mm 'kay. And we're actually quite open to be able to expand the product for a later version with those features quite simply anyway, aren't we? Th there's no fundamentally different technology to do that. Hmm. Yeah, the plus there's the the risk of making it unusable as well, or making it less b because at the moment it's actually very straightforward to look at all the buttons, you know what they do, it's very simple, and it just works. Mm there's a risk of that. Okay so we can talk about finance now. So I have a little spreadsheet for us where I I was wondering, you when you talked about the fifteen point eight Euros, I was wondering how you came up with that figure? Okay so I have bit of a spreadsheet here for this. Now I've made a f few assumptions here in that I'm assuming that our power adaptor we can make for a cost of four Euros, equivalent to solar cells, which I think is probably fair considering that we have in-house manufacturing of power adaptors already. Uh and I'm assuming that the locator beacon, the you know the Can be made for it sounded different that time uh can be made for a similar price to uh an L_C_ display, uh an uh Uh do you think that's fair coming from a m the manufacturing?. Okay. Yep. Okay. So we're down to sixteen point four, yeah. Is that a single-curved rather than a double-curved? We're not entirely sure what single-curve versus double-cur You think? Okay I'm convinced. But we save one Euro that way, yeah? So we come bring it down to Fifteen point four. Well hang on. Do don't speak so it's in here, in that w do we have any we have special form don't we? So that's yeah. But the the the we haven't talked about any special colour though uh I don't th if we're going for greys and silvers then I don't think we're O okay so we're Push-button, scroll wheel, we're basically we have uh th is this intended to be a button as well or just a scroll? Just a scroll? It's not one of the scrolls where, for example, with this one you could push it down to be a button? Okay then we have fifteen point eight Euros. It wasn't bad. Okay so we're on to the We're on to the pat-on-the-back part of the presentation, where we have a look at the criterias th that Paul the criterion criteria that Paul has has given us, and we can use that to tell How's it going? Anyone got any thoughts? How how have we done today? I think we did pretty well too. That looks pretty spectacular. Any other chang uh thoughts? Okay so th th what about um room for creativity? Is it the. I I think we we ended up being quite creative there. Mm. Not every idea necessarily, it's still a remote control. Uh no yeah but we did we did break with the specs a little bit I guess, but the uh 'Kay leadership, what do we report back to the bosses? No th th I think they were r reasonably flexible with us over the whole changing the specs thing. I agree. Synergy. Teamwork, yeah he is uh. What did we think of the meeting room, I guess is an important thing here. Mm. Yeah, this falls off and uh the white board worked really well without any pro Mm-mm, lapel. Wha okay, oh, alright. That's it's down, it's quite close. Keep it, keep it calm. Oh dear. No more pizza for me. So yeah the the pen came in alright and it's a little uncomfortable to use but I guess it works. Nah, I'm I'm not convinced of that at all. I've been wor I've been wondering about that all day, but see these look like they're that looks the oth that looks like it would be that way around, but it feels more comfortable, wh what you call upside-down. I don't care. Uh okay so that data might be slightly invalid. What new ideas have we found? Well let's do both then. Uh for the product? Yeah we came up with quite a bit. And for the meeting room, Has anyone got any more Yeah less sore on the ears. Okay so Are the costs within the budget? Nope. Oh hang on it really that's something we that the costs were under twelve fifty Euros. No requirements are changed. We're still under twenty Euros to build, so we're good. And the costs within the budget? Not the original budget, but they are now. Is the project evaluated? Mm I think so yeah, then celebration as it says. Oh I don't know how that got there. Uh anyway. Thank Thanks guys. Yeah, I've got a lot of paperwork to catch up on too. Oh.
Speaker B: So you forgot how this works again? Boss. Hmm you knocked it up? Thi third third third. The end product thingy. Yeah.. Um yeah so what we ended up with. Production costs estimated by our manufacturing department and um the research department, which is us, is uh fifteen point eight Euros, someone forgot the units there yeah, uh unit price unit production price cost thing. Um we implemented the basic functions, which is just T_V_ functions plus the locator, which was one of the marketing things, cradle, scroll wheel for uh the the channels, and uh we implemented the f the the way of putting the new and revolutionary zapping, your favourite channels functionality, in the scroll. Yeah. Zapping you know zapping. Maybe it's just a Portuguese thing. And um yeah that was the result. Start s the the start uh to to to programme yeah. Not helping. Don't have no one to handle that. Yeah. So you ha you have like the the base station with um the little button for the where's my remote. The locator function. Wicked isn't it? Ja. Nah. It fell off. W we need we need we need s some more buttons if it would to work on some other stuff, but We we w yeah we could get another version of it that actually works. But uh Very co very colf colourful. beep beep beep. Yeah. We don't It's a scroll. Yes. We're wicked. Awesome. Yeah. Yeah. That was mm-hmm Yeah. No. Yeah. Basically. It was more of a teamwork thing then really leadership based project was Teamwork. Yeah. And that's D you must have very long shirts. That's way far down lapel mic. Lapel lapel lapel. That's almost a crotch mi cr Oh dear oh dear. 'Cause this is you were using it o upside down. Still that Use them like that. Bunch of new ideas. Yeah comfortable headsets would be nice. Mm. Coulda been worse. Mm n no. Hooray. Free coke provided at the cafeteria. Who wrote that one? Cool.
Speaker C: So so so. Maybe. Maybe maybe maybe. Bra Mm that's oh that's oh I like it. I mean you guys gave me more than I was asking for, so I'm happy because we've got some really marketable features in this. Yeah I think it's good. Good good good job. Uh pla I'm ha It's great. That's great. It's a great feature. So you can take this ho take this home with you tonight and you can push that and he'll be across town Uh, I can see that. Yep I like. Good job. No no. Well I mean of course, I mean My my s my suggestion is we're gonna go go to the silvers and blacks like most of the televisions. You know some blend of silvers and blacks. So you're not gonna find my uh my folder up there I gotta do mine up at the board. Yeah yeah. So No it's not in there because I had the computer problem and I I I cou I couldn't create it. I couldn't create it in the PowerPoint, and I think I've got this really strange cable. So what I had, basically going from the PowerPoint format, is that uh yeah yeah I like this a lot. Is this one of the tests is to see how we can adapt to s changing situations in the in the meeting room? So what we had is we had the method. That's not how you spell method, is it? No A_.. So this doesn't go so fast this way. And when I speak about method I speak about the marketing of the product huh. And uh to me with this product we got uh we got basically three things to market. We've got the features, we have the uh characteristics, and we have the I I don't know what we would call the other part what we call you know the the the corp corporate Help me. The the corporation stands behind the product, okay. So the features I think we got the scroll, we've got the uh the locator, we've got the durability, we've got the dependability, we've got you know the features that make this a unique product. Um the characteristics I talk about, we have reliability, we have comfort, we have ergonomics, we have environmentally s sensitive. Uh and the corporation, we're talking about we're we're a new we're a new company. We're wanting to make a name for ourself. We're wanting you to uh find our product so we're gonna give you a good product at a fair price. One thing I would want to to see is uh is can we can we get a lifetime uh guarantee on this product, a normal use guarantee, which means that this product, for the for the life of of the life use, if it should have a technical problem, that we could re replace it at no cost? That was something I would be interested in. Um so yeah without uh going into great details, we have a we have a product, it has the features and the characteristics, and the background, I believe, to make it marketable I believe at a cost of of of thirty thirty five to to fifty Euros. We're gonna be competitive, and we're gonna we're gonna have a market niche. Um w That that would be uh that would be I think a decision best made by corporate um I I m for my evaluation, based on what our competition is, I th I think that that we can go after this and and and go after more of the uh exclusivity sense than the mass market sense. But I'm sh I'm sure open to to market this in either direction. But you guys came up with a great product, and at that cost I think it uh there's nobody else that's putting this this combination of of ingredients together. The only limitations I see to this is that we're focused on television only. Uh that's the only that's the only drawback I see to this. But with all of these other features I think people c one thing I'm I'm hoping for is people are not gonna even notice. There's gonna be somebody going home and say oh sh this thing doesn't work for my D_V_D_ and my but I like these other things, so they keep it, they don't take it back. Well one of one of the thoughts that I had is can can this unit be be produced in a way that makes it upgradable? You know uh like like a um a sim card in a in a um in a telephone. You know is there a card in th can we make a card and so after Mm-hmm, but you follow what I'm s I'm s Yeah 'cause if if we can make this unit upgradable then we're yeah but then we talk about changing the warranty concept and everything, but that's that was just an idea I had. Uh to me the only additions Yeah. Yep. But anyway that's uh Mm-hmm. We've got a we've got a curve and a droop. I don't know whether that. Ooh. No, I think we come up with a with a attractive marketable um product and and concept. Yeah well we we we kinda broke we kinda at least adjusted every every criteria they gave us because we d we still have the the teletext capability in this thing right, we raised the price of it, we've added two t new technology to it. So you know you know if this thing flies then we've we've adjusted or broken every every idea they gave us. Yeah yeah yeah yeah. But I like I mean when I say we have we had I believe we have room for creativity 'cause w this is we did it. Cohesive yeah. Yes synergistic yeah. Yeah. You know you know what they're gonna have on the recording in there from that microphone is your lunch digesting you know th New ideas f uh for the product or for the the the the environment or what are we ta Oh. Well I I mean clearly remote control microphones would be the would be a nice solution to all these cables, but I'm sure that there's there's some justification for these things that I don't know about. And of course I did not have so much fun with my computer this afternoon. It's not been uh it's not been cooperating so well, but I don't think that's the that's avoidable. No. Okay. So we need to close this meeting, yeah bravo. Congratulations. S I've got a lot of paperwork to catch up on so let's close this and come back and 'kay.
Speaker D: Put on your mic. Boss. Yep. Alright. Three, three. Pedro can have it. I like I'll help talk. Unit price. Scrolling through your favourites list. It's very prominent. So here I'll give you the so this is the cradle unit, and this is the actual remote itself. Um so the scroll bar is or the scroll wheel is this this green little scrolly guy here, um and then the volume controls are here and here. Uh you've got the keypad which is the numbers uh f from zero to nine and then ten. This is the power button. Uh we have our um we have the enter button and uh what was the other button here? This is the teletext. The programme button, yeah the programme button. So this bl this button will be used both for the favourites and for programming your uh the um the type of television you wanna use. So um the plastic is the white area of this of the model here, and the red area is like a rubber covering. So you can see that when it lays like this or like this and the buttons are all gonna be rubber, so it's pretty hard to actually damage it um Yeah that might be a possible a mi uh possible problem, but if you drop it yeah. Yeah and it depends on if it's sliding, but I think it's pretty ergonomic. You can feel it. Yeah of course. Well this is clay. Yeah the the power button is a bit of a reach, but I think we might scale down the final model a bit. These this is a bit larger than it would be, but Mm Pedro can demonstrate the the paging ability. Beep beep beep. Um beep beep beep so beep beep beep beep beep beep be shut up. Beep beep beep okay. Um no no no tha that's alri Exactly that's exactly what those are for. And um there's one other feature that we were debating, but we decided to go against it, is um you could beep beep beep we were thinking that it might be interesting to have a trigger button here because you have this finger it it's it kinda feels like there should be something there, but we couldn't figure out what button is important enough to put there. And we we don't wanna accidentally be hitting the power button like that so Mm. Right. So maybe in a final design phase we might tweak that a little bit, but Mm-hmm. Oh no this is just what we had to work with at the time. So we'll leave the colour scheme up to the marketing people. Careful. Beep beep beep. Yeah. No way. Beep beep beep. Mm-hmm. Well, that was just just our technical team added up the um production costs of the individual units. Oh. Uh-huh. Uh-huh. Yeah. Oh, sorry. Yeah um I do think we that we we uh don't need the events chip on print, we only need the uh the regular chip on print, so there may have been a m miscalculation in there. And we and we have a single-curved uh Uh I think that It's single-curved, yeah. See it's a little bit more than f single-curved. So yeah it's fifteen point eight, that's where we came up with it. Okay. Yeah we do. Ah. What do you know. Oh it's a that's not very special, it's pretty If th. That's a scroll. Uh no we just use it as a scroll. It was a pretty accurate estimate I would say. Yeah. S 's kind of s frighteningly accurate. What? I think we did pretty well. Sh I think there was plenty of room. We got a couple innovative i Couple innovative ideas. Mm-hmm. Yep. There was a lot of synergy. These cables suck. Yep. Yeah. Lapel. That's our boss. Pedro's right. Pedro's right. Oh wel Well we had the favourites list, and the scroll bar, and we have the cradle, and the r uh remote call feature. All right. Good job guys.
Okay so we're here to talk about the detailed design of the product , And here's the agenda for this meeting . Uh I'm just gonna open , say a few boring words to start with again , and start taking minutes afterwards . You guys are gonna give us a presentation of our wonder product And then we're gonna evaluate it . Then we're gonna talk about finance , Production costs estimated by our manufacturing department and um the research department , which is us , is uh fifteen point eight Euros , we implemented the basic functions , which is just T_V_ functions plus the locator , cradle , scroll wheel for uh the the channels , and uh we implemented the f the the way of putting the new and revolutionary zapping , your favourite channels functionality , in the scroll . Scrolling through your favourites list . I like the the the the logo on there as well . Um so the scroll bar is or the scroll wheel is this this green little scrolly guy here , so this is the cradle unit , This is the teletext . So this bl this button will be used both for the favourites and for programming your uh the um the type of television you wanna use . So um the plastic is the white area of this of the model here , and the red area is like a rubber covering . and the buttons are all gonna be rubber , so it's pretty hard to actually damage it um could that be easy to for the scroll wheel to be rotated if it lands on it ? Yeah that might be a possible a mi uh possible problem , but if you drop it I take it that this is gonna be slightly lighter in the final design as well . but I think we might scale down the final model a bit . So you ha you have like the the base station with um the little button for the where's my remote . Beep beep beep . And um there's one other feature that we were debating , but we decided to go against it , we were thinking that it might be interesting to have a trigger button here because you have this finger but we couldn't figure out what button is important enough to put there . And we we don't wanna accidentally be hitting the power button like that so But maybe if you had a trigger plus the scroll then that would get past the the problem of it landing and scrolling , So maybe in a final design phase we might tweak that a little bit , But it's definitely got options for like different types of models and things as well based on that , So we'll leave the colour scheme up to the marketing people . My my s my suggestion is we're gonna go go to the silvers and blacks like most of the televisions . So you're not gonna find my uh my folder up there I gotta do mine up at the board . No it's not in there because I had the computer problem and I I I cou I couldn't create it . And when I speak about method I speak about the marketing of the product huh . And uh to me with this product we got uh we got basically three things to market . We've got the features , we have the uh characteristics , The the corporation stands behind the product , okay . we've got you know the features that make this a unique product . Um we have reliability , we have comfort , we have ergonomics , we have environmentally s sensitive . One thing I would want to to see is uh is can we can we get a lifetime uh guarantee on this product , a normal use guarantee , it has the features and the characteristics , and the background , I believe , to make it marketable I believe at a cost of of of thirty thirty five to to fifty Euros . We're gonna be competitive , and we're gonna we're gonna have a market niche . would you a argue that that we're better going for the higher cost than bringing it down into twenty f five as we probably could , but lowering our profit margins ? for my evaluation , based on what our competition is , I th I think that that we can go after this and at that cost I think it uh there's nobody else that's putting this this combination of of ingredients together . The only limitations I see to this is that we're focused on television only . There's gonna be somebody going home and say oh sh this thing doesn't work for my D_V_D_ and my but I like these other things , so they keep it , they don't take it back . Well one of one of the thoughts that I had is can can this unit be be produced in a way that makes it upgradable ? W we need we need we need s some more buttons if it would to work on some other stuff , but Yeah , the plus there's the the risk of making it unusable as well , or making it less b because at the moment it's actually very straightforward to look at all the buttons , Okay so we can talk about finance now . So I have a little spreadsheet for us I've made a f few assumptions here in that I'm assuming that our power adaptor we can make for a cost of four Euros , which I think is probably fair considering that we have in-house manufacturing of power adaptors already . Uh and I'm assuming that the locator beacon , uh can be made for a similar price to uh an L_C_ display , um I do think we that we we uh don't need the events chip on print , we only need the uh the regular chip on print , Is that a single-curved rather than a double-curved ? It's single-curved , So we come bring it down to Fifteen point four . See it's a little bit more than f single-curved . we haven't talked about any special colour though if is this intended to be a button as well or just a scroll ? That's a scroll . then we have fifteen point eight Euros . We're on to the pat-on-the-back part of the presentation , How how have we done today ? I think we did pretty well . No , I think we come up with a with a attractive marketable um product and and concept . Okay so th th what about um room for creativity ? Sh I think there was plenty of room . I think we we ended up being quite creative there . we kinda at least adjusted every every criteria they gave us yeah but we did we did break with the specs a little bit I guess , It was more of a teamwork thing then really leadership based project was These cables suck . So yeah the the pen came in alright and it's a little uncomfortable to use but I guess it works . What new ideas have we found ? Well we had the favourites list , and the scroll bar , and we have the cradle , and the r uh remote call feature . Yeah comfortable headsets would be nice . And of course I did not have so much fun with my computer this afternoon . Are the costs within the budget ? Not the original budget , but they are now . So we need to close this meeting , Is the project evaluated ?