Team Charter for Business Pitch: MGMT20143 Think Big Project 3

This document outlines a team charter for a business pitch project related to the MGMT20143 Think Big course. It includes team member introductions with their strengths and weaknesses, assigned roles (Team Leader, Researcher, Writer/Editor), member obligations, conflict resolution strategies, meeting schedules, communication channels, and contingency plans. The charter details a timeline for completing the business pitch presentation and written assessment, along with a commitment from each team member to adhere to the outlined terms and responsibilities. The business idea focuses on developing recycle bins that convert waste into degradable substances and natural manure, addressing the problem of waste disposal in modern households. The document also includes an executive summary, table of contents, introduction, problem statement, benefits, proposed business model, critical success factors, feasibility evaluation, and conclusion.

Team Members
Name:
Student Number:
Major(s):
Undergraduate
background
Work Experience Have been working in his relevant
field for 2 years.
Country of Origin
Strength: Has great knowledge of both IT and business because
studying in both the fields.
Weakness: There is lack of patience
Personality type: ISTJ
Fun Fact I won several dance competitions
Goal for the semester Improving innovation skills and combining the IT
knowledge with business
1
Insert photograph
passport size of
Member 1
Insert photograph
passport size of
Member 2

Name:
Student Number:
Major(s):
Undergraduate
background
Commerce
Work Experience Internship in a reputed company for
6 months
Country of Origin
Strength: Has detailed knowledge about how the corporate
industry works, can help in bringing investment.
Weakness: Lack of communication skills in English language
Personality type: ENTJ
Fun Fact I love to swim for hours
Goal for the semester To improve communication skill. To apply the
present knowledge and better the skills.
2
Insert photograph
passport size of
Member 3

Member Roles
SU recognizes the factor needed for maximum contribution by every member through
specialization of tasks. This has led to SU segregating specific roles to each of its
members being :
● Team Leader/Organizer/Facilitator: Member 1
● Researcher/Devil’s Advocate: Member 2
● Planner/Time Keeper/Editor: Member 3
It is acknowledged by SU that members will capitalize on their strengths to perform
specific tasks in areas in which they have expertise on and provide insight to other
members who may not be as proficient. This will enable members to build
fundamentals in leading different areas of the team project which includes:
Member 2 Lead Researcher
The main engine of generating different ideas and operational feasibility of proposed
business model, sourcing out relevant market information and advising on latest
technology advancement.
Member 3 Lead Writer/Editor
Lead writers will develop and plan writing the business pitch and presentation for
investors and academic board. Keeps track of the flow and grammar of the written
business model innovation proposal and content. The editor holds the responsibility of
proofreading the assessment, advising improvements on areas of the assessment
where needed before final submissions and presentation.
Member 1 - Leader/Organiser
Leaders will overlook the entire procedures and processes involving idea generating,
developing and choosing a business model suitable for the chosen idea, leads
discussion and organizing team in selecting the best idea, identifies potential partners
and investors for the proposed business venture. The leader sets deadlines and
assigns tasks to members to accomplish for each deadline. The leader helps members
through conflict of opinions and ideas to ensure the continuous flow of constructive
criticism.
Member Obligations
In order to achieve a common objective, the members of SU pledge to conduct
3
Name:
Student Number:
Major(s):
Undergraduate
background
Work Experience Currently working in a company on a
part time basis as sales executive
Country of Origin

themselves accordingly:
1. Utilise team meetings for maximum efficiency - members will engage in lively
discussion and contribute to their fullest extent
2. Construct a detailed “plan of attack” for each section of the assignment
3. Maintain prompt, clear and open communication with other members of the
group
4. Accomplish assigned duties promptly and to the best of our abilities
5. Review the work of our peers honestly and openly
6. Be open to constructive feedback and contrasting perspectives
7. Foster a respectful and supportive environment that allows for the generation
of new ideas
8. Maintain correct academic conduct, including but not limited to, the preclusion
of plagiarism in any form or way
9. Ensure our work is of a satisfactory standard as agreed upon by the team
10. Submit our work punctually
Conflict Resolution
1. It is expected that team members fulfill their assigned share of work by the
specified date and time
a. Any problems encountered by a team member will be discussed
individually with a team leader or at a team meeting
b. Alternate arrangements will be organised and any conflicts resolved
2. Major decisions will be made collaboratively with the inclusion of all team
members. The opinion, viewpoint, and thought of each member will be fully
considered and reviewed, in order to reach a consensus of majority
3. Should arguments or brainstorming sessions get too rowdy or heated, parties
with contrasting ideas will be required to:
a. Take turns holding a talking stick and explain the pros and cons of their
idea
b. Listen intently to the opposing party’s suggestion
c. Allow for majority decision from other group members
Meetings & Communication Channels
Two face-to-face meetings per week where attendance is compulsory for all team
members: Example
11 am - 12 pm Monday
10 am - 12 pm Tuesday
Main Communication: Facebook & Google Drive
Secondary Platforms: CQU Email, SMS Text, Team Wiki, Phone
Room bookings [By Leader]: CQU Melbourne Level 2 Library
Contingency Plans
In the case that external, unforeseen circumstances influence strict promptness,
alternate arrangements are required to be organized by the parties resolving such
4

conflicts. Some examples include:
● In the event of absenteeism, members are responsible for keeping up to date
with other parties, any new developments (detailed in our Google Document)
and meeting their obligations
● At the first team meeting, the team selected Monday 11am-12pm and Tuesday
10am-12pm as favourable meeting times. In case of unexpected timetabling
clashes, a contingency time of Friday 3pm-4pm was established. Alternatively,
if several parties were unavailable during the week, Skype group calling was
discussed.
● The team designated 27 April to be our internal deadline. This meant there
was one week’s worth of leeway to account for any unforeseen circumstances
Assignment 3: Presentation and Written Assessment (40% Weight)
Deadline: Week 12 Monday (28 May 2018) 11:45 pm AEST
There are two parts to Assessment 3:
• Part 1: The pitch requires everyone in the team to present the idea and sell the
proposed business venture to an 'investor'.
• Part 2: Involves the group/team providing a portfolio of materials (three items) that
supports the pitch together with the team charter that has guided the performance of
the group/team.
Schedule
Everything within the team’s power must be done to meet each deadline set forth in the
following schedule below. Unforeseen problem or any changes will be amended in the
schedule as well in order to produce and organize an excellent report by the due date.
Date Task What is Due? Completed?
7/5 Plan the different task ahead and
isolate the tasks
Inspection of the
Assignment 2 and team
charter
7/5 Survey every part finished work
for Assignment 2
In groups read and survey
each submitted thought
and plan of action
8/5 Meet to examine and select the
best thought from Assignment 2
Selection of the best idea
14/5 Conceptualize and research for Task division individually
5

your plan of action advancement
15/4 Plan your business idea and plan
of action
Separately think about a
business idea and plan of
action outline and meet for
conceptualizing
21/5 Talk about, select and produce
the most appropriate business
idea and plan of action for your
advancement
Choose and finish up the
last plan of action
advancement and work in
a group to outline and
finish your business
wander thought for
business pitch
22/5 Ponder on attainability of every
segment of your business wander
Delphi-techniques,
question every doubts in
your plan of action
development
23/5 Final Go Through Prepare the final Draft for
part 1 and 2
24/5 Internal Deadline Completed Assignment is
due
26/5
Contingency Period
Review and check every
step in the process
28/5 Official Deadline Submission of Assignment
Member Signature
Members hereby declare their commitment and abidance to the aforementioned terms,
conditions, processes and responsibilities.
Member 1
Signature Date
Member 2
6

Signature Date
Member 3
Signature Date
Lecturer/Tutor _________
Signature Date
============================== End ================================
7