Joanne Jenkins
Just your average gal, working for a living in beautiful Alaska, loving life and keeping it real.
Location Sterling, Alaska
Activity
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Hmmm........... interesting. Seems like leverage is the mystery multiplier. You are using borrowed capital to fund investments for growth. Seems rather slippery.
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Joanne Jenkins made a comment
I said that in the beginning of the course and was talked out of that answer! I knew I was right!
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Joanne Jenkins made a comment
Exercise 2:
Gross Profit is $500,000 (Revenue less COGS)
EBIT is $330,00 (Revenue, less COGS, less SG&A, less D&A)
EBITDA is $430,000 (Exclude the D&A from above) -
Joanne Jenkins made a comment
Exercise 1:
Shareholder's Equity is $11,800
Net Working Capital is $3,000
Net Debt is $2,000 -
Joanne Jenkins made a comment
Reformulating financial statements. In essence "playing with the numbers" is not necessarily a bad thing. It can give you insight as to when to invest more or when to cut costs. Employees are more concerned with the bottom line and not all the things that make up the bottom line. They just want to know if its a stable source of employment and they are...
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Joanne Jenkins made a comment
Hello all. I am from Alaska and I work in finance for a non profit so learning is always something I want to be doing.
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Joanne Jenkins made a comment
TikTok seems to be the fastest growing social media of late, the latest trend. You can do short videos promoting your product, showing how it is used, educate people about it and have fun doing it. It will probably take a while before it becomes as popular as Facebook in viewership, but I see it happening. I am not a fan of it myself. But I can see its...
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Joanne Jenkins made a comment
Facebook is an online way of advertising your business, it is social networking and has the biggest reach globally.
Airbnb is Business to Customer or even Customer to Customer. They have an online presence and with the reviews you can determine how likely you are to use one of them. I have done this myself a few times and I have found the reviews to be... -
@JudithHankey I have never found boosting ads on Facebook to result in sales, so it stands to reason a charity would fare no better. It seems like a scam to me! But when I am advertising my Relay for Life Team fundraising, word of mouth and others sharing my efforts has always resulted in a good outcome. I gave up paying for those "boosted" ads a long time...
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Joanne Jenkins made a comment
Interesting to consider all three aspects. If you own or have created your own website for your product/products, then having a link embedded to various social media platforms is a good way to get more views, more hits to your website. Its almost like word of mouth, but on a global level. Paid media is an interesting aspect. Boosting posts on Facebook...
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I agree with most of it and would add to the trust section a sense of safety. With the digital world emerging, so are the scammers and hackers. They are more successful than ever before. There is a generation at play right now that will never embrace technology. You have to know where to put your pennies in the end. I think about how the playoffs in the...
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Joanne Jenkins made a comment
Digital marketing is reaching a broader scope of people from so many backgrounds and areas of the world. Traditional marketing is generally geared to a set of people you want to reach. Whether at the grocery store, the bank, on television (who watches commercials anymore anyway?). It seems "old school" anymore and if you are not moving forward, embracing...
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Joanne Jenkins made a comment
Hi I am from Alaska and just love learning new things. I use digital marketing in my little side gig so anything I can learn is a bonus.
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Its an add on, so you probably have to purchase it.
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Joanne Jenkins made a comment
Have never used Crystal Ball before.
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Joanne Jenkins made a comment
Nice visual. I use Excel pretty regular but am not as well versed in as she is. I am most self taught. It would take me some work to get where she ended up for sure.
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Joanne Jenkins made a comment
Key Risks: Finances, FDA Approval, Marketing and Sales, Product sourcing and the recipes.
Priorities: Finances, Recipe, Product Sourcing, FDA Approval, Marketing and Sales -
Joanne Jenkins made a comment
Getting certified. That is one of the unknowns in this picture. It is a vital part of getting the product on the shelf and getting people to buy it. The FDA can be a mess of paperwork and red tape and can take longer and if anything is not right along the way, its like you have to start over again.
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Joanne Jenkins made a comment
I like the Risk Register. Identifying risks, types. level of probability and assigning a person to "own" this. Matrix type charts usually are more confusing to non-math people than a simple list.
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Joanne Jenkins made a comment
Ambitious project with lots of risk!
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Joanne Jenkins made a comment
I hate the unknown! Planning for the what ifs is a great tool to use, but oh the uncertainty that is cannot be planned for. That gives me the chills!
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Joanne Jenkins made a comment
1. Failing to plan it all out before starting. That to me is ground zero and I can see where it has led to some serious hiccups along the way. Also, resources. Not planning out resources well.
2. Next time, it will be written out. I may not enjoy that part of it as much, but its a vital part of the project. -
Joanne Jenkins made a comment
Planning. That is where I have most failed in the past. Setting it up on paper, marking off the tasks, deciding the critical paths along the way. I have too often been the "get it done" kind of person and it has not always worked in my favor.
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Going back over the scope, maybe drilling down even further on some tasks. Maybe some of the tasks could be outsourced? Could more volunteers be found? I work for a company that gives employees 8 hours of volunteer hours every year and most of us dont use them. Work with businesses in the area to seek volunteers. Work with local community action groups. My...
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I think it was successful. It happened on time and they had more visitors than ever before. Yeah, there were some hiccups along the way and she started late, but the end goal was achieved.
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Joanne Jenkins made a comment
Well I cannot shorten the deadline (its on a specific date) but I can do better with the tasks along the way.
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Joanne Jenkins made a comment
Good question and consideration is a must. I would be worried about starting too late on a project (especially in IT where problems are almost guaranteed), causing late finishing. But having a few extra weeks of slack is a good thing. Communication with those who are doing tasks in those slack areas will be important. Can they do things along the way,...
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1. Having your authors and scheduling the events most likely takes the longest time, working out schedules of all involved. I would imagine that would take probably 4 months and that is going to be happening during your "crazy busy time".
2. I believe that is probably where the focus should be for the project manager. There ought to be people under her... -
Scheduling seems to be the critical point of this festival (which makes total sense). I think about all the events they are doing in just 5 short days and it is mind blowing! Without nailing down the details of each author, each venue, I imagine failure is one key stroke away!
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Joanne Jenkins made a comment
I looked at a couple of tools out there and really liked Kissflow the most. It seemed to me to be the most user friendly, which means all members of your project would be able to use it with ease. There are a lot to choose from out there and some are super complicated. It would all depend on what you needed, the reporting you were looking for and how many...
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Joanne Jenkins made a comment
I think I like the more direct start to finish approach myself. I am not a super creative person and I need an end goal. Having several projects going at once or several projects happening along the way would make me crazy!
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Joanne Jenkins made a comment
1. It can be overwhelming and honestly not the fun part of any project.
2. Having it down as a checklist (of sorts) can ensure that nothing gets missed along the way. Sometimes the minutiae of the project can be overlooked and it might not get noticed until down the road a ways, when it will become an emergency. Checking off items as they are done is a... -
It looks overwhelming when you put it all on paper like that! But I love a good checklist and this would be helpful in staying on task, marking off those tasks that were accomplished (on time hopefully) and ending with a great festival with minimal hiccups. Any project this size is going to have hiccups along the way, but with it all written out like this,...
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Joanne Jenkins made a comment
The scoping out part of the project can be the most mundane part of it all. Most people probably want to dig in and get started. Having all those details on paper, blackboard, whiteboard, etc can be helpful in keeping things on track and I think when you brain storm with other people, you are going to get some great insight from all around and it could build...
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Joanne Jenkins made a comment
I have never been in charge of any project before professionally but I know my own things that I have attempted to plan have not always gone well. I think failure to plan at all was at the crux of my problems.
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Joanne Jenkins made a comment
The challenges would have been in execution, just plowing along without going back and making corrections. I have never attended a "closeout" meeting where we reflected on what went well, what went poorly, how would we have changed things along the way, etc.
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Joanne Jenkins made a comment
I kind of like the Stage Gate method. To reflect before moving on, seeing if we need to make adjustments to the plan, to the budget, to the timing. This would be helpful for new projects, something never done before. For a project in construction, its probably a lot simpler to plan out and execute. I think projects fail often due to lack of reflection and...
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And honestly should have been scrapped well into the spending spree they went on. They would have been better off starting over.
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Not really. For a select few possibly but the end result of affordable health insurance was not achieved for everyone.
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I do not believe the project was a success. They did not plan well at all and did not do due diligence in choosing the right vendor to create the website. They went so far over budget, that it automatically makes it a failure and the timing was so far off because of poor planning and execution. NOTHING went according to any plan they may or may not have had....
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It was only affordable to some, not all. I personally know this and the plans for the uninsured working class were horrible and worthless with such high deductibles as to be pointless. This project failed on every level.
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Joanne Jenkins made a comment
I personally consider this project a failure, even though it "eventually" worked. Going wildly over budget is being generous here. The timing was terrible and honestly how could they have thought so few users would log on the first week? The goal may have been achieved (somewhat), but it was painful for far too many stakeholders who opted for the fine over...
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Yes, except I did not note the passion of the film. The director communicated the goal so well, that everyone was engaged and passionate about it.
Pretty much the gist of the Terminal Five was similar. Yes it is successful today, but I think she skipped over how poorly the project managers behaved and ignored the warning signs along the way. It was a... -
Joanne Jenkins made a comment
The Making of Boyhood spent time in research and development. They identified what they wanted and sought the answers. They knew it would take time and planned on it. Ultimately it came down to planning. Success.
Which leads to the incredibly poor planning of Terminal Five. Their stakeholders were very unhappy and nothing went right. they ignored the... -
Joanne Jenkins made a comment
More often than not I think not being realistic with the budget or time involved resulted in less than expected results. When we go wildly over budget, hands start wringing, people worry and fret and start being erratic in their thinking. When time starts running long, sometimes people will take shortcuts.
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The scope was to establish a website that could be accessed by people to compare and purchase health care plans with the idea of providing affordable healthcare to all.
Honestly, the organization of the project was probably massive. The main parties involved was the federal govt and the agencies involved in it.
The timing was way off, as the original... -
Joanne Jenkins made a comment
The scope was to build a functional website for consumers to access where they could compare and purchase health insurance plans. There also had to be other websites constructed to support the marketplace at the federal level for all states.
The time was supposed to be 9/31/2011, but in reality optimized to 10/1/2013.
Budget was $85.7 Million (original)... -
Joanne Jenkins made a comment
Interesting way to look at stakeholders. I always thought those were the people funding the project, but honestly not in reality. So looking at the project I discussed (a personal one), the stakeholders are going to the be people attending the event. that was very helpful to me.
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Joanne Jenkins made a comment
She really explained that well. So I have something coming up that is constrained by time (it is happening on a certain day) and I want to optimize the scope (the products I want to highlight) and definitely I can compromise on the budget. This video helped me look at this personal thing I have coming up in a new way.
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Joanne Jenkins replied to Olala Dominic
I think that would be important, but in all honesty, probably not always doable. Like in my organization. We have limited people to dedicate to projects and often its the people who have the least impact on the day to day operations. The head of the projects has a definite skill set though and I believe that is vital.
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Joanne Jenkins made a comment
I have not been a part of a project at work. I have seen a few take place and always wondered if there could have been a better way, how did they put it all together and often asked why so much chaos involved. We have a limited amount of people to pull together at work for our projects and it always seems to be the same people. Time and resources always...
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Joanne Jenkins made a comment
I am an accounting clerk in Alaska for a Federally Qualified Health Center. I have an associates in Accounting and am hoping to learn organizational skills.
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Joanne Jenkins made a comment
I work in a pretty diverse environment. Generally when we are working together the last thing we focus on is how many races, women, men are involved. I guess that could lead to a bad outcome diversity wise, but if your organization is already diverse and you are choosing people that are right for the job itself, then there should be no problems. We should...
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Joanne Jenkins made a comment
Its interesting for sure. But an emergency situation is a lot different from your normal project management.
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Joanne Jenkins made a comment
This was interesting. But of course this is an emergency situation, where someone already knows the people best suited for each position. Its like when a fire call goes out. People dont think, they react because they know their roles already.
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Joanne Jenkins made a comment
Informal would be best I think. Not necessarily with drinks involved mind you but a gathering, maybe over food. Food tends to bring people together. Unless you are forced to videoconference. I have really come to despise the virtual meetings really. So impersonal. I think having the project sponsor speaking first to the group is important. Lay out the...
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Joanne Jenkins made a comment
The storming part is definitely a part of putting together any team! When you put people together that have never worked together before, you have no idea what will transpire. Some will be stronger than others, some will sit quietly and stew about being ignored. People are unique, each one of us. Hopefully a good Project Manager recognizes the strengths of...
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Joanne Jenkins made a comment
I dont know if I would say excite. Hopefully you have full trust in the people who chose your team for you. But developing people is something I have done in previous jobs as a manager. Seeing the qualities in a person, maybe that nobody else sees, and giving them the training and tools they need to be successful. Even if your "dream team" is not so...
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Joanne Jenkins made a comment
Communication. It has to be open and welcome from all parties involved. Also, the goal has to be a shared goal that everyone is invested in. While a good leader is important, I can see where a large project might need several leaders, maybe for different aspects of the project.
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Joanne Jenkins made a comment
People who are vested into the project. A good leader is important, one that is able to work with others and not be a dictator. But its the team members and what they bring to the team. Choosing the team is probably as vital as the project itself.
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Joanne Jenkins made a comment
I can see that being a project manager for MTD might be hard for someone like myself who likes a clear direction. Their value system was a little off-putting to me and would have made it difficult, but that is where the flexibility and balance of both systems must come into play. Yes there is an end goal in sight, the event itself, but along the way the...
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Joanne Jenkins made a comment
Being agile. Not everyone has that talent honestly. When the end goal is clearly visible and the means of getting there is direct, everyone is generally happy. BUT the uncertainty of certain projects, can cause a lot of disagreements along the way. Some people are overly flexible, rolling with which ever way the wind blows. Those people can be super...
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Joanne Jenkins made a comment
Changes are always hard on an organization. When you completely change the way things are done, you have to expect there to be bumps. There probably should have been feedback given long before they realized the revenue issue. While it may have seemed like a fairly straight forward process, it never is when you are changing processes. When we changed our...
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Joanne Jenkins made a comment
Being a very linear kind of person, its hard for me to even want to work on an iterative project! But understanding why it would be useful for some projects helps.
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Joanne Jenkins made a comment
I work in accounting so most of what I do is very linear. But in the organization, we have people in leadership who have to implement plans, test them, evaluate, go back, change them or keep them as they are. I can see the advantage where a desired outcome cannot be determined right off with the plan. The disadvantage is not knowing the outcome for me.
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Joanne Jenkins made a comment
I rather prefer the "agile" description of this. It is wholly dependent on all parts of the project being involved, getting feedback, moving along to the next point of the project, getting feedback, etc. I can see where building a website would require this. So many variables involved that you have to stop along the way and evaluate what you have done so...
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Joanne Jenkins made a comment
The flexibility is probably the biggest drawback of the linear project. It has a course set for it and if something comes along the upsets it, work stops, which could lead to budget issues.
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I agree.
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Joanne Jenkins made a comment
Its a straight line, from beginning to end and would be the most uncomplicated and most desired way of project management. I am not sure I see much in the way of disadvantages, other than timing of the end of the project if inspections and such are not done timely along the way. Even though the work is still linear, it may be stuck waiting for the next phase...
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Joanne Jenkins made a comment
We probably all wish every project was linear! No bumps, just an end goal in sight and it moves along like it should. Reality is that few things in life or the business world are that simple. A project can be halted along the way with supply chain issues, funding, team dynamics and on and on the list goes. I think most projects are probably less linear and...
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Joanne Jenkins made a comment
Most of what I do is simple. I have the tools and knowledge to move along through the week. I seldom see complex issues at all but will see some complicated things (like what expenses are funded by which grant) and I need someone with more knowledge than myself. I would say probably 90-95% of what I do is simple
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Joanne Jenkins made a comment
Affective use to time and resources is a major contributor to the project's success, which is driven by the project manager's drive for the project itself. Choosing the right sponsors, researching environmental rules and regulations, dealing with supply chain issues can have a serious affect on the project as well. Just because a supplier comes in at a lower...
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Joanne Jenkins made a comment
Working in a clinic is always complex. Anytime the human element is the focus of your business, there will be complexities involved. Right now its the simple thing of having all the supplies needed on hand and the multiple shortages happening across the world, affecting so many different aspects of business. Plastic and rubber shortages are making things...
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Joanne Jenkins made a comment
Well, we got to experience all of this during the virus era we now live in. Everything is volatile and uncertain. You make changes that are for the good of all, only to have some be resentful and sometimes get volatile about it. The uncertainty is "will this ever change"? "Will life ever be normal again"? We dont have answers and its been a year, even...
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Joanne Jenkins made a comment
Working for a clinic we have really had to think outside the box to continue to serve our community, while keeping everyone safe and comfortable. Really hard to do in the political environment we seem to find ourselves in. We had to hire screeners at the front door, put up a tent with a heater (it gets cold here even in summer) and be responsive to...
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Joanne Jenkins made a comment
I think the values mean something to the company and the employees, but they are rather self centered at its core. Companies have to adjust with the current climate to meet the needs of their customer base. While having fun at work might be considered a "value" to some and something we would all like to enjoy, is it realistic? Yes having a passion for your...
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I was just thinking about sitting around the table with friends which may come from all journeys of life and our values are not always the same. Our closest people know our values and what we will or will not tolerate. Sometimes in business, we have opportunities to "skip" or "gloss" over certain steps along the way to meet the end goal, to make the customer...
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I think its more about the kind of person you are and the type of decisions you make ethically on a regular basis. If you skipped a few steps to make the path easier, would people you know expect that of you? Is that how you normally operate?
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Joanne Jenkins made a comment
It seems like it was more of a show than an actual working engagement. They were right to be concerned and to dig for more info. Their reputation was just getting started and this could have ended badly without the right information and ethically, they had to bring this all back to the company to map out the work, the costs, the employees, etc. It seemed...
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Joanne Jenkins made a comment
Making adjustments as the projects moves along, having all parties involved and collaboration. Bringing people together can cause conflict, everyone wants what they want but being a good mediator means bringing everyone back to the main goal of the project. Finding solutions together as a team, seeing the positives and working with those instead of focusing...
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Joanne Jenkins made a comment
An organization that appreciates its crew/leaders are not going to ask them to do things unethical. That being said, a good project manager will be able to explain why something should not be done a certain way (cheaper materials for example). Its important that you do not devalue the product by bowing down to clients who want you to act unethically too. A...
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Joanne Jenkins made a comment
Working along side the team when asking them to work more is a good idea, but I think the benefit of giving comp days at the end of the project is a good one. Another idea is alternating weekends, so that everyone gets at least some time off to spend with families. Another good idea is providing lunch/snacks for the crew when asked to work extra. Food makes...
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Joanne Jenkins made a comment
I work in a clinic, so our organization's mission is provide affordable care that embodies the whole person and its at the core of the values of the organization. Without this, providers would run amok instead of being held to a standard. Giving the right care to each person with no prejudice.
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Joanne Jenkins made a comment
Doing the right thing. It should always be the goal.
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Joanne Jenkins made a comment
Having a written plan on communication. Speaks to organization. Also, speaking to your audience appropriately. What you communicate with your investors about, wont be the same as the crew or the engineers, etc. Know your audience and know the expectations.
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Joanne Jenkins made a comment
From my own observations, I find people who speak above the heads of others is seldom the right person for the job. They are often bullies, self important and low communicators. Its important to find the right person for the job and to monitor things like communication and how it flows.
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I used Word and it went seamlessly. I am not a fan of Google Docs personally. It seldom works well with other programs.
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Joanne Jenkins replied to michael meleki
Did you see the plus sign at the bottom? That is where you add your pic
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Joanne Jenkins replied to Fouzia Shaikh
The plus sign at the bottom is where you go to add in your pic!
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Joanne Jenkins made a comment
Well once I saw the plus sign on the bottom, it was so much easier to upload! LOL! Thinking this one through, I thought the social networking map was a lot easier to work with.
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Joanne Jenkins made a comment
Stakeholders are those who are in charge of the project, delivering water and making sure it is truly potable. If anything fails along the way, the aftermath could be brutal for the company who is the main stakeholder in this project.
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Joanne Jenkins made a comment
This is why gathering a good team is vital for a project manager. You have to trust and rely on those who have more knowledge than you, that they will be honest and open with you along the way and they will understand that you trust them and respect them.
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Joanne Jenkins made a comment
Communication. Super important to know when and what to relay. Dont undermine the team by overcommunication to those who are stakeholders. Answer questions, and unless absolutely necessary, dont over offer information. The team is working for you not the stakeholders.
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Joanne Jenkins made a comment
Team management skills is super important (we cannot do everything alone and we need cooperation) and organizational skills. If you are scattered all over, it affects the team and the project cohesively. Communication, what is expected and where the project is. A good team manager should also be an effective leader too. They sound like they go together...
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Joanne Jenkins made a comment
Communication, time management, ethics and standards and continuing professional development. I definitely could use some skill building on negotiations. Have never really had to use it much and the few times I did, it was painful!
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Joanne Jenkins made a comment
Just here to learn something new. We often use project managers from time to time where I work and its a skill I might be able to put to use. Just checking to see if this is something that fits me.
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We have a marketing department and we call it Community Outreach. She uses social media for some stuff, but mainly is out and about within the community doing things like bringing lunch to the firefighters, being at vendor events with swag to hand out and be the voice of the clinic. I think we rely on descriptive analytics.
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Joanne Jenkins made a comment
Reviews, I never really thought about using it as analytical data before. But makes total sense. I know I use reviews to help me make decisions. Even down to what specialist I want to see.
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Joanne Jenkins made a comment
It was not totally unfamiliar to me, but the putting it in the right order, taking the proper steps to achieve the end result. That is where I need help.
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Joanne Jenkins made a comment
Hello from Alaska USA! I work in a Federally Qualified Health Center in accounting but I do have a little side gig and would love to learn more about marketing my brand and becoming more successful at it.