A business model is a framework for creating economic, social, and/or other forms of value. The term business model is thus used for a broad range of informal and formal descriptions to represent core aspects of a business
We have scraped the lectern idea and have chosen to focus on creating a book stand. Yes you might Say that there exists such products already. But our vision is different. We want a product that sturdy and affordable such that it will be used by every books and notes user.
Investor is Explorer Solution – because they are willing to come up with money upfront. The way we approach sponsorship is to put the logo of the company on our product. This is a short term measure that we are taking for the mean time to fund our progamme. Once we have sold a few sets we will have enough to make it a self sustaining business
Many ergonomics report reported a sharp increase in work-related pains.List of Organizations?
TWC Proj1 Presentation3
Week 5!<br />Souzousha<br />
Business Plan<br /><ul><li>Aframework that represents the core aspects of a business
Operational processes and policies</li></li></ul><li>Purpose<br />To increase awareness of poor ergonomics<br />To increase efficiency and productivity <br />To promote our product that addresses and alleviates these problems<br />To see every user of books and notes use this product<br />
Customer<br />Customer Relationship<br />To Users<br /><ul><li>The more useful the buyers find the product, the higher will be the awareness for the problems associated with poor ergonomics. More people will see the use of our product. </li></ul>Offer<br />Target Customer<br />Infrastructure<br />Value Proposition<br />To Companies<br />Partner Network<br /><ul><li>They will have a healthier workforce in the long run
Business plan<br />Value Proposition<br />To Users<br /><ul><li>To provide a convenient alternative when working with books and notes
To correct poor ergonomics and improve the overall long term wellbeing of the customer</li></ul>To Companies<br /><ul><li>To increase the general productivity and efficiency of employees </li></li></ul><li>Business plan<br />Customer<br />Target Customer<br />Customer Relationship<br />Short-Term<br />To Users<br /><ul><li>The more useful the buyers find the product, the higher will be the awareness for the problems associated with poor ergonomics. More people will see the use of our product.
Business plan<br />Customer<br />Infrastructure<br />Finances<br />Cost Structure<br />Revenue streams<br />Sponsorship<br />Fixed cost: $10 000 for the mould<br />Subsidies <br />Variable cost: $2 per unit <br /> Booking Venue<br />Investment <br />
PAIN<br />RULA Postural AnalysisRULA provides a score which is indicative of the extent to which a person is at risk for injury, the higher the score the greater the risk to the individual. The table below is a listing of the mean scores for all the subjects broken down into component parts. In this way it is possible to determine what parts of the body are contributing the most to the total score.<br />RULA AssessmentMEAN<br />The results indicate that it is the posture of the wrist and neck which are putting subjects at the greatest risk for injury. <br />
Therefore, we focus on this pain. Which is…<br />ERGONOMICS PROBLEM!<br />
And the worse thing is…<br />There is a lack of awareness of this PAIN.<br />
This can be further supported by the chairman of ERGOSS (Ergonomics Society of Singapore), MrYogeshTadwalker.<br />“The awareness of these issues is quite low in Singapore”<br />“There are no definitive Singapore guidelines for ergonomics practices in educational institutions”<br />
He also mentioned that the postural problem which we have indicated is indeed SERIOUS. And it’s not only faced by students but computer workers in general.<br />SOLUTION : Appropriate design and selection of furniture! <br />Which results in us coming up with our IDEA.<br />The incredible bookstand! <br />
COMPETITIVE LANDSCAPE<br />Problems of existing products<br />