Peter Tien - Portfolio

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  • 7/28/2019 Peter Tien - Portfolio

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    I am a recent MBA graduate and an aspiring strategist. I bring withme an international point-of-view, having worked in Canada, South

    Korea and the United Kingdom.

    My goal is to provide meaningful insights and solutions through thelens of the end-user.

    As a natural collaborator, I like to share my knowledge with others,

    especially my moms pho recipe.

    Here is a sample of my work.

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    For: Loblaw Companies Ltd.Where: Toronto, ONat The Rotman School of ManagementGroup Members: Christy, Jaime, Raj, Suthan and myself

    Details:

    Loblaw (grocery retailer) ran into a real-world dilemma: Should they focuson their core segment of Moms or target baby boomers?

    Our group came up with a solution that revolved around the insight thatsome goods need to be touched, while others do not. Our three key points:

    1. Change store layout to accommodate baby boomers - makes shoppingpleasant for everyone

    2. Place touch-and-feel items (produce) on shelves, with an emphasis on

    the health conscious consumer

    3. Non-touch items (toilet paper) can be placed in a stockroom at theback of store; cart-mounted tablets display the items where consumercan purchase these items; upon purchase the items are bagged;consumer then picks up items in front of stockroom at back of store

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    Group 33

    Exploring Causal Relationships

    Our analysis questions the conventional grocery store model where customer needs drive products and

    services which determines store layout.

    Why do customers come toa grocery store?

    What do they value in a

    shopping experience?

    Customer Needs and Store Layout should drive Product & Service Selection

    Customer Needs

    Which customers do youcater to?

    How to deliver desired

    shopping experience?

    What needs to be displayed?

    What needs to be stocked?

    Store Layout

    Products & Services

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    Group 33

    Proposed Integrative Solution Part 1

    The store layout is completely geared towards accommodating the needs of baby boomers which has the

    benefit of making shopping pleasant for everyone.

    Double Down Integration for Store Layout

    Expanded Accessibility

    Parking & automatic doors

    Carry-out services

    Redesigned Aisles

    Wider

    Waist & chest-height shelves

    Designing store for baby boomers makes shopping more pleasant for everyone

    Additional Ancillary Space

    Seating area for socializing

    Expanded tasting area

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    Group 33

    Proposed Integrative Solution Part 2

    Valuable shelf space is now devoted entirely to food and beverages with an emphasis on produce, food

    and drinks targeting health-conscious customers.

    Hidden Gem Integration for Products & Services

    Produce, food and beverages are the hidden gem for product and service needs

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    Group 33

    Proposed Integrative Solution Part 3

    Creating a new shopping experience for customers will allow Loblaws to still sell items that do not require

    the touch & feel and expedite the experience.

    Double Down Integration for Convenience

    Card readerattached to charging

    dock for

    check-out

    Cart-mounted tablet

    for purchasing non-

    food items

    Convenience for all shoppers; faster check-out times for Loblaws

    Items purchased are

    bagged in a stockroomand ready for pick-up

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    For: Innovation, Foresight, and Business Design classWhere: Rotman School of Management, Toronto, ON

    Summary:

    The professor tasked our groups to evaluate global behaviour shifts and in turn identify white-spaces of business opportunity.

    Our business opportunity was to satisfy our need to emotionally connect with one anothermore efficiently through the uploading and downloading of memories.

    Here are the steps we took to accomplish this project:

    1. We researched potential disruptive behaviours2. Gathered insights to come up with potential what-if questions

    3. Mapped the consumers motivations4. Identified a new disruptive behaviour5. Teased this behaviour into future consumer scenarios6. Finally, we came up with a business model to capitalize on the opportunity space

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    WHAT IF OUR MEMORIES COULD BE DOWNLOADED?

    WHAT IF OUR DREAMS COULD BE SHARED?WHAT IF OUR THOUGHTS COULD BE SOLD?

    WHAT IF WE COULD RELIVE ANYONES LIFE?

    WHAT IF WE DIDNT HAVE TO LEARN?

    WHAT IF WE COULD EXPERIENCE ALL OUR DESIRES?

    WHAT IF WE COULD CHANGE OUR MEMORIES?

    WHAT IF OUR MEMORIES HAD NO BOUNDARIES?

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    WHAT WERE THE DREAMS ANDMOTIVATIONS OF OUR ANCIENTRELATIVES?

    THE DAILY LIVES AND THOUGHTS OFOUR ANCESTORS FROM A TIME LONGAGO SPARK OUR CURIOSITIES.

    THE PROOF:IN OCTOBER OF 2012, ANCESTRY.COMWAS ACQUIRED FOR $1.6 BILLION.

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    BUSINESS MODEL

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    -Universities-App Developers

    -Retailers

    -Maintenance-R&D

    -Advertisers

    -Brand-Installed base

    -Technology

    -Research

    -Maintenance-Distribution

    -R&D

    -Marketing

    -Privacy-Recommender

    systems-Privacy controls

    -Legacy preservers

    -Exhibitionists-Government

    -Online-Subscription

    -Selling of data

    Language of thought

    technology

    OurselvesUniversal adoption to

    platform

    Platform for sharing

    memories

    We will retain rights to

    memories

    Partner Network Key Activities CRM Customers

    Key Resources Cost Structure Distribution Revenue Flows

    Creator Distributor Results Broker Landlord

    To allow users to form deep relationships across

    time and space through the accuracy and speed ofthought transfer

    Value Proposition

    BUSINESS MODEL

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    For: Chinese car companies Geely and CheryWhere: Manchester Business School, Manchester, UK

    Details:

    This project was part of my Branding class. The professor tasked individuals to come up with areport and presentation that required us to launch a Chinese brand globally.

    After extensive research I decided to find a market (Brazil) that would be most likely to

    embrace a Chinese brand and use that opportunity for a global launch pad. I completed astrategic plan, complete with a Redefine Made in China priority, and identified metrics tomeasure the results.

    Heres a sample of 2 slides from the presentation.

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    Take the path of least resistance

    Awareness of Chinese brands highest of emerging countries53%

    78% of Brazil consumers willing to try a Chinese brand

    Chinese brands Geely and Chery haveextensive experience at producing compactcars

    Focus on becoming product specialists and

    build up a reputation

    Brazil seems very China-ready

    60%hatchback

    26%sedan

    7%SUV 4%

    MPV

    3%

    Other

    BrazilCar

    preference

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    Attack made in china perception head on

    Chinese brands are now given a chance

    32%

    Ford addressed their reputation of poor quality and outdated technology with their GoFurther campaign and similar Further Proof campaign in Canada

    95%

    Increase in favourable impressions

    Positive reaction from ads

    3.4 Million ad views

    Geely and Chery can take the same approach as Ford by attacking the issue head on

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    For: International Rugby BoardWhere: Manchester, United KingdomatManchester Business School

    Details:

    In my Internet Marketing Strategy class, I was tasked with evaluating theonline marketing strategy for the International Rugby Board (IRB).

    One of the key recommendations:

    I proposed that the IRB build an integrated strategy to build deeper reciprocalrelationships with external partners. For example, if a fan wanted to learnmore about 2011 IRB Player of the Year, Thierry Dusautoir, IRBs social mediaplatforms could redirect fans to MasterCards platforms to get informationabout him.

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    1. Develops Brand

    Awareness

    2. Understands

    Federations Goals

    3. Awareness of

    Event

    5. Enhanced

    Digital Experience

    4. Ticket Purchase

    Decision

    6. Ties with Individuals

    and Fan Networks

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    Share social media

    best practices with

    sponsors

    IRB can direct fans to

    sponsor site to learnmore and interact with

    athletes

    Build integrated

    strategy with external

    partners

    Current Interactions

    New Interactions

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    If the IRB wishes to further promote rugby in China for example, the use of Chinese

    social media platforms such as Weibo (the Chinese equivalent of Twitter) and

    Renren (Facebook) need to be utilized.

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    Forrester Research has found that:

    of consumers trust the

    recommendations of friends

    AND

    trust online recommendations

    from complete strangers

    SO THE IRB CAN

    Identify influencers, such as therugbyblog.co.uk, to

    help promote the IRB and its events

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    THANK YOUContact:

    [email protected]

    ca.linkedin.com/in/petertien/

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