Business Innovation

Business Proposal

ASSESSMENT TASK: DESCRIPTION

The aim of this assessment is to examine the extent to which you are able to strategise a business by critically evaluating information to develop a new business idea presented in the form of a business model.

Instructions:

1. Individually, you are to adopt the role of an Entrepreneur.
2. Use any technique to come up with a creative idea for a new business OR an innovative idea. 

   Techniques can be Anti-conventional thinking, brainstorming, parallel thinking, six hats thinking, Design thinking, or any other technique you feel comfortable with.

3. Use the Business Model Canvas to analyse your idea and develop the One-page Business Model (OPBM). 

   You MUST demonstrate that you have analysed the elements of the BM as they relate to your idea

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4. Print the OPBM on at least A3 in colour, OR better still, go bigger. 

   All OPBMs will be placed on the wall/displayed around the room.

5. The OPBM Poster is to include the following: 

   Considered/detailed response to each of the elements of the Business Canvas.
   Any other relevant information necessary to tell/sell your idea.
   Colour
   Your Name and student number

6. Prepare a 3 minute pitch  and be ready to answer questions from the lecturer. 

   The 3 minute is a short summary of the OPBM that is meant as a quick and concise introduction to the proposed creative/innovative idea to get investors/financiers attention.

Business Model Canvas –
Key Partners

Key Activities

Value Propositions

Write directly to the canvas…

Or use the post-it™ note

…or both Customer
Relationships
Customer Segments

Key Resources

Channels

Cost Structure

Revenue Streams

http://www.businessmodelgeneration.com

Double click on the post-it™ to edit. Recolour it using the picture format tools.