Leaning Activities topic for group work: In the reading by Blank there is a hypothetical situation of a bank where the customers are experiencing a long line waiting for check cashing. The bank estimates it is losing $500,000 per year in business because of this problem. Working in groups brainstorm possible solutions to the consumers issue and the banks loss of revenue and then select the one solution to address the customers problem. Your group will present its idea to the class and will receive feedback from the class.

Write up a mini business plan with the following

Mission, vision, values

Major goals (what)

Solution plan (how) include high level estimate on budget, resources, processes, promotion/communications, etc.

Identify risks