How to Develop Business Plan - Presentation Transcript
How to Develop a Business Plan “ If you don’t know where you’re going, you may end up going somewhere else.” -Casey Stengel
Why Business Plan ?
“ No one can tell you the future of your
business. But a solid plan will prepare your
business for the future.”
How to develop Business Plan ?
Business plan is not about a simple action plan of your Business , but it is the action plan which your Business will do in reference to competitors action plan.
That’s why it is a Strategic document not an operational document , though there are number of people, who think on the other way.
The Nature of Business plan
It is a cohesive document which gives the grand strategy of the Business, and also the functional strategies in reference to different operational units of your Business.
Step 1 : Develop Grand Strategy
To develop Grand Strategy ask following question
What is the Core competency of me and my team ?
How that core competency can be converted to Sustainable competitive advantage in addressing a need.
Step II :To Develop Functional Strategy
Ask Following Questions
How that sustainable competitive advantage could be transmitted into different function domain.
Marketing , Finance , Human Resource and Operation .
Step III : Validate it
In the Next step Validate the Grand strategy and strategies for different functional domains through datas from primary and secondary sources.
Going Ahead
To Know more details about the Nitti Grittes of the steps of Business planning Process you can Join the course from Allindialive.org
“ THE ART OF BUSINESS PLANNING”
http://allindialive.org/course/category.php?id=36
THE ART OF BUSINESS PLANNING
Course Duration : 1 week ( 5 days)
Course Hours : 10 hours
Course Fee : $100
5 Live classes of 120 mins
Asynchronous Course panel which is accessible for 7 days – 24 hours where the Learning Content could be read and practiced.
A Live Business planning project ,with presentation and mentoring.
Business Plan Evaluation Consulting
Allindialive also provides consulting on Business planning evaluation and fine tuning the Business plan.
0 comments
Post a comment