Evaluating the Business Change Process
In this Assignment you will provide a critical evaluation of a business process in the scenario provided. The final response for this Assignment will be a 15–17 slide PowerPoint presentation with audio. The audio portion transcript is found in the notes section below each slide. The presentation includes a cover slide, abstract, body addressing the checklist items, and APA citations and references.
Background: Mohammed Yunus is the founder of the concept of microfinancing. His initial impetus to provide financing to individual small family owned businesses in India and elsewhere inspired a movement that has spread across the world with some controversy as to the real benefits of such financing. See the founder’s website for some background on microfinancing.
Scenario: You were recently hired by a nonprofit organization that is headquartered in Montreal, Canada. This organization, Beacon of Hope (BOH), had a mission of providing financing to businesses who wished to start a business in third world countries. Two years ago, they changed their mission to providing microfinancing to individuals in third world countries who want to start up a small business in their own country. The first two countries they focused on were Angola and Ghana. After two years in operation, it has become apparent that a change is necessary. Choose either Angola or Ghana to evaluate the organization’s current process addressing the following concerns:
Here are some of the reported problems:
-Only 225 applications were received from prospects concerning each of the two countries. At the 2-year mark, the expectation was 1200 applications for each.
-The application processing time is taking 4–6 months. The original goal was 2 months.
-Only 100 applications have been approved for each country, and the average loan is $10,000.
-The most recent report shows that only 15% of the businesses funded are still in operation.
-Accessing the microfinancing funds has proven problematic using in-country banks.
-Accounting for the expenditure of funds by BOH has been difficult to track.
-Loan delinquency is a major concern due to business failure.
Checklist: Evaluate the business change process by researching and addressing the following:
Access instructions concerning how to add audio to PowerPoint presentations and adding notes to a presentation. The professional presentation should include a cover slide, abstract slide, body of the presentation addressing the checklist items, with APA citations and references (i.e., separate references slide).
Access the rubric
Submit your 15–17-slide professional PowerPoint presentation with audio including audio transcript in form of notes added below each slide. The presentation includes a cover slide, abstract, body addressing the checklist items, and APA citations and references.
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