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Residency Requirement
Residency Requirement
Residency Requirement
Note: Please note that teams should be formed prior to residency weekend and send them the file noting
the requirements for the assignments due the residency weekend.
Residency Assignment Document Residency Assignment Document - Alternative Formats
Sample residency project (16- week course only):
Friday: 5pm – 10pm- (no lunch break): Set the stage for operational excellence by reviewing prior
chapters and answering questions – 1-hour lecture /review.
Discuss: Key things to think about in operational effectiveness, resource excellency and how it relates to
operational excellence, and answer any questions prior to introducing the project for the weekend.
Start the project for residency weekend:
Break up the class into teams (3-5 people per team)
Project: You are starting a new company and want to ensure organizational success through operational
efficiency and strategic vision. The plan for this project is to understand where there is a need in the
market to create a new product/ service, understand the components that need to be addressed or
factored when managing operational efficiencies (to include resource management), and present the work
as though asking for approval to proceed with the project. Friday we will start the basic research and find
an organization to create and market, Saturday the team will work on the paper, Sunday the paper will be
finalized and the presentation will be completed.
Before the class leaves for the evening, they must select an organization and create a one-page overview
noting the following information:
Your task tonight is to determine where there is a gap in the market or area for a niche market can note:
1. The market, the name of the company, why you feel as though there is a niche or area for you to
succeed in the market.
2. Research other companies in the same market and note why they aren't providing the services
you are offering and contrast them to the goods or services your company is going to offer.
Present the information to the class with a 2-5-minute short presentation. The class will have 2-5 minutes
after each presentation to ask any questions or offer suggestions for the project.
Friday format/ agenda:
5pm-6:00pm – introductions, workshop discussion/lecture
6pm-6:15pm – introduce the project and ask if there are any questions
6:15- 9:00pm – teams complete their analysis, research, and presentation
9:00- 10pm – team presentations and question/ answer session.
Saturday: 8am – 7:30pm with 1 ½ hour lunch break: