Saturday, August 17, 2019

For Academic Purpose †Ceo Speech to Prospective Investors Essay

It is my utmost pleasure to be able to welcome you here today in Tek Comfort Zone (ITZ) General Investors and Prospective Investors Quarterly meeting. Tek Comfort Zone is the Caribbean premier producer of ostentatious â€Å"State of the Art Furniture† with electronic built-in and plug-ins accessories that provides superior comfort and quality solutions through custom design, manufacturing, installation and support. Our fast growing clients include Five Stars Hotels, business tycoons, celebrities and a host of others in the SHOW BIZZ. TCZ does not only strive to maintain its leading position as Caribbean â€Å"N ° 1† State of the Art Furniture† Producer, but also to expand in novelty and quality that steers a higher level of customer satisfaction alongside profit maximization. This whole process has involved an integration of mission, objectives, implementation and evaluation; a proper time, cost, quality and human resources management: and a critical maintenance of all forms of motivations. The company is made up of 45 staff members. Briefly, it is headed by a CEO, with two Directors (Director of Production and Director of Budget) answerable to him. They direct the two sectors of the company (Production and Budget). The Budget sector has two managers (Purchase Manager and Sales Manager) answerable to the Director of Budget. Immediately under the Purchase Manager is the Accounting Supervisor, and directly under the Sales Manager is the Sales Supervisor. The Sales Supervisor oversees six employers while the Account Supervisor has five employees under his control. Meanwhile in the Production Sector only one manager (Manufacturing Manager) is answerable to the Director of Productions. Directly under the Manufacturing Manager are the Inventory Supervisor and Operations Supervisor. The Inventory Supervisor oversees 10 employees while the Operations Supervisor supervises 14 employees. This well structured organizational flow is mindful of effective communications, job duplications, conflict and other factors that can affect a team spirit and job dexterity. Dear investors as a result of this strategy, TCZ has grown substantially faster than the global â€Å"State Of The Arts Furniture† market. While the global market as a whole grew just 5%, ours increased by 13%. An important source of revenue, the delivery of unrivalled bed, mattress and electronics charges, increased 18%, although the market saw a 1% decrease. Our pro-forma operating margin improved to 28. 3%, an increase of half a percentage point. We took additional market share away from our direct competitors in the ‘State of Arts Furniture’ market, gaining one percentage point year-on-year, which takes us to a market share of approximately 21%. We thus sell approximately two and a half times more unrivaled electronic beds and, mattress than our nearest competitor, who had been the leading producer for 18 years, before we ever dominated the market Our main competitor is the ABC State of Arts Furniture Ltd. They are the longest in the market and have dominated the premier role for 18 years. They are known for quantity and timely delivery. Unlike our competitors we added other important ingredients such as quality, novelty and frequent customer satisfaction research. This accounted for why we have emerged as the leading company in the market for the past five years. Our few years of existence in the market would have attracted fear and false judgements from prospective investors against our maturity, stability and long-term success and survival. Without any doubt I can assure you that we are on the right path. How? Before our company could even kick off, we had carefully learned from the errors of others who have been in business many years before us. We carefully analysed their strengths and weaknesses. For example we learned never to preach what we cannot live by (meaning our quality must match our propaganda). This is the root of loss of public confidence. We also learned that a strategy should not be considered only because of its promises in the short-term goals, but also because of its sustainability and expansions in the long-term. Importantly, we quickly learned the art of satisfying the consumer with quality and quantity goods and services with a maximisation of profit. And finally we also learned to provide investors with a consistent report of accountability and transparency on every level of attainment of the business. This gives our investors a true sense of ownership in the business. Dear prospective investor, without your investment, ICZ would have just been another brilliant idea. Your choice to invest in into this company is what has made the idea a reality. We not encourage you to maintain your investments, but also to expand them. To our prospective investors, TCZ is the fertile ground for your investment. Grab this opportunity heartily. Your fears should not ponder about the success of the company. Rather the fear should be whether the investment recruiting conditions presently would be stricter since many investors show interest to our company’s philosophy and operations. The investors screening process may become more critical as many investors would Finally to the entire TCZ, may we together applaud our selfless and one-minded efforts that have brought us thus far.

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