PROJECT FRANCE

Prof. Belton, MBA Presented by; Christian Gonzalez Tamika Roland Angelica Casarez Teria Edwards

TABLE OF CONTENTS
             

Project Background Scope Statement Currency Trend Analysis Investment Restrictions Investment Process Review Process Review Process Breakdown Requirements for Approval Organizational Chart Scope of Risk Management RBS RACI Human Resource Plan Work Cited

PROJECT BACKGROUND
M&K Corporation is a U.S. based company manufacturing various electronic products, including imaging devices, semiconductor devices, and automobile image sensors, decides to open an automobile image sensors unit manufacturing plant in France in collaboration with a local company called Pajot Autos Ltd.

SCOPE STATEMENT
International elements, working for M & K Corporation, will invest in Pajot Autos LTD through a liaison Paul Dubbois, a French citizen and finance manager of M & K corporation, to attain majority of Pajot Autos. This investment will allow the opening of a new automobile image sensor-manufacturing warehouse in France with a 10-month time frame within a $50,000,000 budget.

CURRENCY TREND ANALYSIS

Current .7061

Average .7301

2 yr span

INVESTMENT RESTRICTIONS
Foreigners are allowed to own a maximum of 45% interest in a company. Goal: Acquisition of majority of the voting rights

How?

INVESTMENT PROCESS
Liaison; Paul Dubbois Finance Manager

The intermediary allows for the investment and attaining majority voting rights. Risk; Inability to complete the investment due to French restrictions.
Mitigation; Applying to the Ministry of Economy, Finances and Employment, for authorization to set up a company.

REVIEW PROCESS
Ministry of Economy, Finance, and Employment leads the foreign investment review process. Length of decision: Maximum of 2 months After the 2 months if no response is received then it is legally deemed as approved.

REVIEW PROCESS BREAKDOWN

Informal meetings are held between the investor and the French Government with open communication. Documentation may be revised during the information exchange meetings to obtain approval. (as long as a notary is present)

INFORMATION NEEDED FOR REVIEW

The who, what, where, when, why, and how for approval.
      

Location of investor residency M&K Primary shareholders identity(carry >5% voting rights) Board members names and addresses Business activity of Pajot Autos Investment targets last fiscal year revenue Shareholder structure, before and after investment

ORGANIZATIONAL CHART
M&K Corporation Mr. Belton StakeHolders/Sponsor Pajot Autos

Christian Gonzalez Project Manager

Angelica Casarez Procurement Manager

Tamika Roland Project Coordinator

Teria Edwards HR Manager

Planning

Training

Documentatio n

Change Management

Interaction with Employees

Support Operations
11

STAKEHOLDERS

Sponsors M & K Corporation board of directors Pajot Autos Ltd French Government PMO Bob Liaison Paul Dubbois Project Team Risk manager Stephen Money Markets Functional managers Sellers/Vendors

12

SCOPE OF RISK MANAGEMENT

Plan, Identify, Define, Register, Evaluate, Mitigate and Respond to any and all risks that have the potential to deviate the project from establishing a facility in France.

13

RISK BREAKDOWN STRUCTURE

RBS Tasks 1.O International 2.0 Organizational 3.0 Technical 4.0 Internal 5.0 External 6.0 Legal 7.0 Project Management

Responsible PM Teria Teria PM Tamika Angelica PM

Backup Tamika Angelica Angelica Tamika Teria PM Tamika

Notify ----PM PM ----PM PM -----

RACI CHART
ACTIVITY
Risk Management Lead technical support Procurement Management Human Resource Management Legal Research

CHRISTIANG TAMIKA ONZALEZ ROLAND R A A R

ANGELICA CASAREZ C C

TERIA EDWARDS I I

I I

C A

R C

A R

R: Responsible A: Accountable C: Consult I: Inform

HUMAN RESOURCE PLAN

All the project members will report to the PM at the end of the day via email/text/phone with their progress. Weekly meetings on Friday have been scheduled for all the team members to share their progress by means of;
 

Physical meeting Virtual meeting

Team meetings will encompass McGregors Effective Team management:

  

Informal, comfortable meetings Members listen to one another Team members are open in expressing feelings and ideas

Conflict management will be resolved through the following techniques:

 

Smoothing/Accommodating Collaborating

WORK CITED
1.

http://www.herbertsmith.com/NR/rdonlyres/427381DC-A885-4330-B00741626773D38B/0/InvestinginFrance.pdf

2.

http://www.invest-in-france.org/Medias/Publications/862/doing-business-in-francemay-2010_en.pdf

3.

http://www.globaltrade.net/international-trade-importexports/f/business/France/Investing.html

4.

http://www.invest-infrance.org/Medias/Publications/186/Corporate_Brochure_IFA.pdf