Developing Management Skills

1
Developing Management Skills through Formula
Student Geoff Cunningham 15 September 2004
2
BEng/MEng Programme (3rd Year)
Semester 1
Semester 2
Project
Core/Option
Core/Option
Core/Option
Core/Option
Core/Option
Core/Option
Core/Option
Core/Option
Core/Option
Core/Option
3
MEng Programme (4th Year)
Semester 1
Semester 2
Project
Business Marketing
Professional Studies
Innovation Entrepreneurship
Option
Option
Option
Option
Option
Option
4
4th Year Design-Build ExerciseNew Product
Development
New Product
Business Marketing Business start-up
including innovation, conceptual design, market
research, design (from project), costing,
financial planning, marketing, management
Project conceptual design (from
marketing), design specification,
design, manufacture, testing, manufacturing
specification
5
Integrating Formula Studentinto the Existing
Curriculum
6
3rd/4th Year Design-Build ExerciseFormula
Student 2003/04
Formula Student
4th Year Business Marketing Business
Development
4th Year Project Technical Management Product
Development
3rd Year Project Individual Technical Projects
7
F. Student Management StructureBusiness
Marketing Course
Financial Auditing Health Safety Academic Req.
Management
Marketing
Technical
Financial
Operations
Fundraising
Design
Budget
Coordination
Sponsor Services
Manufacture
Accounts
Planning
Press Relations
Testing
Purchasing
Infrastructure
Public Relations
Inventory
Documentation
Team Services
Competition
Website
8
Management Examples

• Project Plan 2005
• Website www.queens-racing.com

9
Business Development PlanBusiness Marketing
Course

• Industry (Place)
• Company, competitors, market, strategy
• Technical
• Requirement, product development, RD, innovation
• Marketing
• Requirement, benefit to sponsors, strategy
• Operations (Process People)
• Work practices, supply chain, infrastructure
• Management
• Structure, responsibility, goals
• Implementation
• Planning for the present and the future
• Finance
• Budget, cash flow, purchasing, contingency plans

10
F. Student Technical Structure3rd/4th Year
Project
Technical Director
Technical Supervision
Technical Assistance
Chassis Leader
Suspension Leader
Unsprung Mass Leader
Powertrain Leader
Chassis Projects
Suspension Projects
Unsprung Mass Projects
Powertrain Projects
Chassis Team
Suspension Team
Unsprung Mass Team
Powertrain Team
11
Technical Leadership Responsibilities4th Year
Project

• As a member of the 4th Year project group
• Take overall responsibility for a product
  sub-system
• Identify work tasks
• Prepare a work schedule for the sub-system
• Lead a sub-group of 3rd year students
• Report on sub-system progress to the product
  development group
• As leader of a technical sub-group
• Call and chair weekly meeting
• Product all necessary documentation
• Advise and steer 3rd year students
• Enforce schedule
• Complete technical tasks as-and-when-required

12
2004 Formula Student Results
Top Performing UK Team
13
2004 Press Coverage

• Regional TV News
• 27 July 04
• 8 Aug 04
• Regional Press
• Belfast Telegraph
• Irish News
• Belfast Newsletter
• Sunday World
• South Belfast Post
• Craigavon Echo
• Specialist Press
• Carsport Magazine

14
Student Feedback
One of the best years of my life