BAF Creations

8/10/2019 BAF Creations

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1. FORSIGHT:

As we were given the opportunity of such a project many memberswere having second thoughts about it as we had a lot of college tests projectsand religious festivals such as paryushan and eid during the period of thosedays however it was our forsight that it would be a great learning andchallenging opportunity to undertake a project such as this one . it was sodifferent form our college BAF projects and hence the trill , the idea and ourforsight to do this made us take it up.

2. NEGOTIATIONS:

As mentioned above we had several reasons not to undertake this project however our fellow group members approached Ms. Haseena andMs. Reshma and informed that, it would be inconvenient for other facultiesto work with us due to our college tames. Hence it was to our mutualadvantage that all baf students would work together. It was our negotiationand our perseverance that made her agree with us.

3. DECISION-MAKING:

the trill and excitement was clearly visible within each member of thegroup ideas were flooding . people wanted to sell chocolates, stationary,cup-cakes etc , this would all proximately give us a 100% turnover but that

was not our only target as getting customers for this is very difficult. Henceafter a lot of brainstorming and heavy discussions and analysis we decicdedto do nail art , tattoos and photo morphing.



4. RESILIENCE :

It takes a lot of effort willpower , guts and confidence to take up a project like this. When hinderances are not small and not only personal but

also social e.g. My economics project submission was on Sunday and forthis project Friday Saturday and Sunday was working for us, I had my

paryushan I was fasting and working all day in the campus is extremelytiring. Resilience is the word which each member had along with a huge willto do it backed by college and family support.

As see above before you start a business or an event many skills are utilized. Thefollowing content explains the skills required before actually doing the business orthe activity.

PLANNING:

1. CONCEPTUAL SKILLS:

We had limited resources,limited time in such a case to have theoptimum utilization of our resources was extrememly necessary.Conceptual skills ie our ability to think in the abstract visualize,diagnose and understand various aspects was essential. Hence byusing these skills we decided to set up a stall in college and start a

business to render the services of tattoo making nail art and photo

morphing.



2. DECISION-MAKING:

Our ability as 18/19 year old students compared to more matureand experienced students is comparartively less . team work and our

decision making skills ie our ability to coorectly recognize and define problems and opportunatie course of action to solve problems andcapitalize on opportunities to win this competion was extremelyimportant.. our 1 st threat was Rs. 150 as capital where do we get ourresources eg. Nail paints , vameras etc from. Leasing them out wasthe best option we had . hence these skills helped us to hire

professional equipment at a low cost for mutual benefit and kept our business idea intact.

3. INTERPERSONAL SKILLS:

Every person has a few priorities and a few commitments. Our business would not have been able to start unless we got permissionfor a stall to be set up in the college campus.our campus was mainly

being used for college festival practices and our auditiorium was booked by a private company for some seminar of theirs in such toget permission for the stall was difficult. We used are interpersonalskills ie our ability to communicate with our college incharge Ms.Dias , understand her point of few and motivate her that we wouldlive upto her expecatations. On doing so we did receive our

permission of the stall.

By doing the above our planning was complete



As see above before you start a business or an event many skills are utilized.The following content explains the skills required while actually doing the businessor the activity.

1. ORGANISATIONAL SKILLS -while starting something new, planning hasto be done. But once planning is done one needs to organize the resourcesand arrange these resources in such an order to achieve the set out plan.

a) PROCUREMENT OF SUPPLIES:

The activities which have to be done were decided, our organizationalskills were put to good use to resolve who has what resources and whowill be bringing the various supplies required. Everyone was divided intothree teams and each team brought the supplies for the job they weregiven: nail art, tattoo making or photo-morphing.

b) ARRANGING FOR A STALL-

while the supplies organization was easily done, procuring for chairsfrom Mr. Dev Singh Rathod (in charge of the café) really tested ournegotiating skills. He only allowed for 2 chairs to be taken along with thestall for the nine of us. It was our goodwill and niftiness that we wereable to sneak four chairs instead of only two.

c) MANAGEMENT OF CASH-

To minimize the number of people accepting the payments and givingthe change back we devised a system where only two people were incharge of the cash. One would receive it from the customer and give the



customer the voucher, while the other ensured the all the vouchers andcash balances tallied and were kept safely.

2. TECHNICAL SKILLS-

Once we had all the resources required we applied our technical skillsto ensure that the nail art was gorgeous, the tattoos funky or feminine(according to the demands of the customer) and our photography accurate.Our technical skills were the most IMPORTANT SKILL possessed by uswithout it the whole business wouldn’t have existed. It’s these skills thatensured our customers were satisfied with the service and products suppliedto them.

3. TIME MANAGEMENT-

Our business was doing extremely well so well that we had no time toeat. In this scenario we developed our time management skills to take turnsand go for lunch and ensure that the stall was never under-employed and allthe three sections were always running.

4. MARKETING SKILLS-

Post-lunch the crowd had diminished a bit hence we started marketingour services. Marketing is not an easy job. It’s a billion -dollar industry.Marketing and advertising require not only skill but also spontaneity andcreativity. The following were the approaches adopted by us to increase ourdeals and trades.

a) MOUTH-TO-MOUTH PUBLICITY-

many say that mouth-to-mouth publicity is the best publicity. Hencewe did nail art of couple of our friends and encouraged them to go aroundthe college and influence their friends and acquaintances to try out ourstall. Also our happy customers were obliged to do us this small favor.



Many of them happily went back to their friends and showed off theirnew nail art or tattoo convincing their friends also to get one done.

b) NETWORKING-

another approach taken by us was to maximize our networking skillsand convince all our friends, teachers and even acquaintances to try ourdifferent services which were suitable to them.

c) BROADCASTING-

we took advantage of today’s technol ogy and broadcasted our

advertisements on Blackberry Messenger. We also took the help of ourfriends and convinced them to also broadcast our advertisement.

d) CLASS-TO-CLASS PUBLICITY-

this method is as old as the concept of colleges and universities. Wetoured class-to-class and announced as well as informed students aboutour stall in the college café. This did bring in interested customers as wellas spectators interested to see what was happening.

e) CREATIVE ADVERTISEMENTS-

constraints on the quantity of capital given to us made it impossiblefor us to distribute flyers or put up chart papers all over college. We wereonly able to use our technical skills and put up two beautifully decoratedcharts around our stall publicizing our services.

5. INTER PERSONAL SKILLS-

for the above marketing techniques to be successful one needs thesupport of inter personal skills also. Especially for networking and mouth-to-mouth publicity. Inter personal skills rely on one person’s ability to getalong with another person. As there were nine of us each had their own set



of friends and groups of people with whom they got along. This helped us asour advertising was diversified and we were able to touch different marketsegments.

6. COMMUNICATION SKILLS-

to be able to explain the other person what you mean and understand whatthey mean is essential in every and any activity. It’s these skills that made class -to-class publicity successful as well as broadcasting our message effective. It wouldhave been redundant if we broadcasted a poorly formed or a confusing message.

7. ADAPTIVE SKILLS-

these skills help us to adapt ourselves and face new and differentchallenges.Not only did we use adaptive skills but also diagnostic skillsduring the course of our business.We used them in the following twooccasions:

a) ALTERING THE POSITION OF STALL- due to heavy rains the stallwas being disturbed as well as our customers were feeling

uncomfortable. Hence we decided to alter the position of the entirestall to a rain free region.

b) RESCHEDULING DUE TO FASTS- Our business duration was suchthat the Jain fasts were going on. We sat down and planned out such aschedule where instead of everyone being on the stall the whole daywe distributed the work in such a way that everyone only had to spendcouple of hours at the stall.



Management is an ongoing activity. Hence managing the business was justnot limited to the two working days of BAF Creations. Managerial skills were alsoacted upon in the Post commencement period. Some of them are as follows;

1. DIAGNOSTIC SKILLS

Diagnostic skills include the ability to determine, by analysis andexamination, the nature of a particular condition. A manager can diagnose a

problem in the organization by studying its symptoms. These skills are also usefulin favorable situations.

We realized that our photo morphing division did not have the necessary technicalrequirements. The pictures clicked were not setting up according to the selected

background. This activity required Photo shop program which we did not have.

So we requested a friend to help us in photo morphing. This was very important tous because we had to give our customers the design they preferred. After our

pictures were printed the customers were happy with results. Diagnostic skillshelped us here to recognize a problem and coming up with a solution.

2. NEGOTIATING SKILLS

Negotiating means to discuss and reach a mutually satisfactory agreement. Ithelps in reaching to a conclusion where no party is at a loss. It can be a win – winsituation for both.

We requested the printing person to give us the photo morphing print outs at areasonable. He agreed to it because we had some 30 print outs which included

pictures and our accounts.



3. DOCUMENTARY SKILLS

Documentation means preserving documents which are material to anorganization. It helps for future reference. Managers refer to documents because

they have to report to their seniors or BOD or the owners of the business.Documentation was a crucial activity. Every document was needed in the future asour Audit evidence. Our Auditor will refer to these documents to cross check ouractivities.

We had documents like:

a. Vouchers signed by customers for services provided to them. b. Loan agreement

c. Accountsi. Journalii. Ledgersiii. Trial balanceiv. Balance sheet

d. Rent agreements for usage of our partner’s equipments e. Permissions for use of tables and chairs.

Documentation will give a view of our activities and how we managed them.

4. Liaison

Liaison means to have cooperation from people around. Managers shouldhave liaison skills to keep work on.

We acted on these skills when we could not mail our accounts and ppt due to sometechnical problems. The person in charge of the competition excused us for this.

5. ENDURANCE

Endurance helped us till the last. We faced problems due to rains. Our hecticcollege schedule did not give us enough time. But we braved all this andcontinued.

Managers should have endurance to succeed. It helps to put brave front tochallenges which our recurring in a management.



Everyone is a manager in his or her life. A person has managerial skills since birth. Everybody manages one’s life totally different from the other which makesmanagement dynamic. People manage their professional, personal and social lives.

Management is not a one time activity. It continues till the person dies or theorganization is shut down. It is all pervasive which makes it applicable to allspheres of life.

We students as amateur entrepreneurs also applied skills, principles, functions andcharacteristics of management. Even without a professional degree in managementwe realized the importance of managerial skills and we were able to put for theirapplicable use. BAF Creations helped us to discover our managerial skills and todisplay them. It highlighted what managerial skills an entrepreneur should have.

On the 5 th of September we presented our accounts to the respectedauditor and our presentation to the members of the accountancy and e-cellmembers as we had the maximum profits and the best presentation WEWON..!! we were honored with certificate and a prize the trill , joy and lovewe received was immense. Our joy could not be expressed but our hardwork and skills paid off

BAF Creations

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