Monthly Team Meeting Minutes
Company Name: | [YOUR COMPANY NAME] |
|---|
Date: | April 17, 2050 |
Time: | 10:00 AM - 11:30 AM |
Location: | Conference Room B, 3rd Floor |
Prepared by: | [YOUR NAME] |
Attendees:
Emily Tran (Marketing Manager)
Rajiv Sharma (Sales Director)
Lisa Wong (Product Manager)
Omar Ali (Chief Technology Officer)
[YOUR NAME] (Secretary)
Absent:
I. Call to Order
The meeting was called to order at 10:05 AM by Sales Director Rajiv Sharma.
II. Approval of Previous Minutes
The minutes from the March meeting were unanimously approved without amendments.
III. Updates and Reports
3.1 Sales Performance
Rajiv Sharma provided an update on the sales figures for the past month, highlighting a 15% increase in sales compared to the previous month.
A brief discussion followed about strategies to maintain and improve sales growth, focusing on expanding digital marketing efforts.
3.2 Marketing Initiatives
Emily Tran outlined the upcoming marketing campaigns, including the launch of a new social media strategy aimed at increasing customer engagement.
The team reviewed the timeline and resources needed for the new campaign.
3.3 Product Development
Lisa Wong reported on the progress of the new product line, noting that the prototype phase is complete and user testing will commence next week.
The team discussed potential challenges in the production phase, especially regarding supplier timelines.
IV. Strategic Decision Making
4.1 New Market Expansion
The team deliberated on entering the South American market, considering the research presented by Lisa Wong.
Decision: Approved the initiation of a market analysis by the research team to be reviewed in the next meeting.
4.2 Budget Reallocation
Discussion on reallocating budget from traditional advertising to digital platforms to better target key demographics.
Decision: Approved a 20% budget shift to digital for the next quarter, to be reviewed based on performance metrics.
V. Action Items
Rajiv Sharma to coordinate with the research team on the South American market analysis.
Emily Tran to oversee the shift in budget allocation and monitor digital campaign impacts.
Lisa Wong to provide weekly updates on the user testing phase.
VI. Adjournment
The meeting was adjourned at 11:25 AM by Rajiv Sharma. The next meeting is scheduled for May 15, 2050, at 10:00 AM in the same location.
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