Business development case studies and analysis - correlation research definition pdf









business development case studies and analysis

business development case studies and analysisBusiness development case studies and analysis -Illustrate your case with data from similar projects and case studies, if possible.Refer the reader back to relevant document sections and graphical presentations where it might be helpful.This section is a straightforward articulation of the problem that the project is supposed to solve.Adrienne Eastwood from the Old Swan & Minster Mill in the Cotswolds discusses catering for the dog-friendly market.The conclusion of the analysis should lead naturally to the next section.Based on all the inputs available, you should have an idea of how likely it is that the project will be approved.These requirements might include time and human resources required and deadlines for return on investment (ROI) or for completion of the business case, project or project phases.Before you start writing your business case The executive summary The problem statement Analysis of the situation Solution options Project description Cost-benefit analysis Recommendations Before you present your business case Creating a business case document is actually the last of several stages that must be completed before you present it.After two years of devaluation, new CEO adopted recommended approach.A well-crafted business case explores all feasible approaches to a given problem and enables business owners to select the option that best serves the organization.If, for example, the solution proposed is the implementation of desktop virtualization, you would define the term and discuss the use of the technology within your industry.[back to top] Result: A recommendation that the in-licensing models proposed along with the unique market and reimbursement dynamics made the business a higher risk than client originally anticipated. [back to top] Deliverables: Increase value of company to support higher valuation and lead to acquisition.Once you've checked off all the items on the list and adjusted the business case document where required, read your document over carefully for clarity.All those are valid motivations, and should be stated upfront in your business case.Some are obvious, such as marketing campaigns delivering brand value.After you’ve collected that information, you should take the preliminary plans for the business case to one or more people who will have input into the decision.Her top tips include providing innovative extras for dogs and their owners, engaging staff and having clear rules in place to keep all customers happy.This guide explains the format and content of a business case document and the processes involved in its creation.Inflection point was achieved within two more years and company was sold to the largest market player.Product was introduced and is now an industry standard development case studies and analysisA business case document is a formal, written argument intended to convince a decision maker to approve some kind of action.This section evaluates the costs and benefits for all options, including the proposed solution to the problem and any likely alternatives -- which include, of course, taking no action at all.These sources may include financial sources from within the company, case studies from similar projects, historical data, industry analysis and forecasts, demographic studies, and so on.Attraction case study: Blenheim Palace Wendy Logan from Blenheim Palace's shop explains how the business improved its turnover following feedback from customers. Moderator for Visit England's accommodation and attraction quality schemes Rob Mc Cready offers tips on how businesses can create a great visitor experience.Because every project is different, there may be elements that are important to your particular business case.Ask them for their ideas related to the project, their opinions about the project’s worth and feasibility, and – assuming their opinions are positive – their support.Finally, it provides general projections about potential events if the current situation continues.Essentially, you have to determine the business case for developing your business case.The majority expect sustainable lifestyles will deliver growth, innovation and sales within five years.The biggest factor in delivering value isn’t the behavior you choose to change, but the tactic you use to change it.We have categorized the broad drivers of business value for this BETA version, each with a series of subcategories.If we had 100, we would have the definitive business case for sustainable consumption. The business case for ‘upstream’ sustainability is becoming widely accepted.The first stage of preparation involves a thorough analysis of the situation that led to the initiative for the project.Note any risks involved with the project and briefly sketch a plan for dealing with them.Include measurable criteria to determine the success of the project.The business case for behavior change rests on matching the right tactic to the right value driver.It identifies the area or areas where there are issues that need to be addressed, such as inefficiencies, missed opportunities, unacceptable market performance or unfavorable consumer response to a product or service.For example, packaging waste might be a relatively small part of your overall footprint, but a hugely visible problem for consumers.While all these might be important, most businesses will focus their value creation (and internal messages) on one or two at any given time.Include a recommendation for scheduled reexamination of the project status. business development case studies and analysis A data citizen is an employee who relies on data to make decisions and perform job responsibilities.Result: Company elected to pursue an alternative strategic approach from what was recommended.In any case, graphs can illustrate points that are hard to extrapolate from text-based data, so be sure to include as many as will be helpful.Articulate the circumstances under which it should be undertaken, including key individuals and actions.The second step is to hone in on your business motivation.This is a good point at which to step away from the document, put it away and return with fresh eyes.This section describes the project, including all the resources required for its implementation, the project budget and a timeline with measurable goals for all project milestones.You might choose your target behavior based on consumer perception, stakeholder importance or for competitive differentiation.That’s the promise of this tool, developed from over 50 case studies and a series of global workshops with leading brands, led by BSR and Futerra.Visit England Awards for Excellence winners from 2016 share their experiences of developing their business and targeting specific markets.The cost-benefit analysis should include the projected financial benefit to the company and a projection of when that payoff is expected.[back to top] Deliverables: A detailed written report and presentation of the data, analysis and conclusions Result: Client learned that the device was too expensive and feature-rich for the market.Developing a successful joint-ticketing initiative Chapter Clerk of Lincoln Cathedral Jacqueline Croft describes how a joint-ticketing initiative with Lincoln Castle has benefited both attractions.Use that determination to decide whether or not to go ahead and write the document.The executive summary is a high-level view of the business case document.If we had 10 more case studies, we’d have a much stronger tool.Next, you should identify all the sources of data that will be required to support the business case.Every company seeks profit and ROI in different ways.Throughout these stages, it may become apparent that the project is not currently feasible.In 2013, we surveyed over 50 companies about sustainable lifestyles. business development case studies and analysis In both a government context and a data context, citizenship offers both rights and responsibilities.Result: Sale of the company within 18 months at 4X the client’s valuation prior to the engagement.In the budget section, include financial projections for relevant metrics such as ROI and total cost of ownership (TCO).Once the problem is thoroughly understood and articulated, it’s essential to determine the requirements for creating the business case and a rough estimate of the requirements for the project.List any assumptions that the reader should be aware of, such as, for example, that government regulations pertinent to the project will not change.You should also include a figure -- usually an additional 15-20 percent of the total -- for scope creep.This BETA version has four broad behavioral areas; with your help we can add more.Charts and graphs are often included in this section or may be in an appendix at the end.Attraction case study: The Pink Pig Sally Jackson of The Pink Pig farm park and restaurant explains the importance of engaging staff, using local produce and controlling portion sizes.This means many sustainable lifestyle initiatives stay in ‘pilot purgatory’ and never reach scale.In this section, you identify potential solutions to the problem and describe them in sufficient detail for the reader to understand them.It should flow logically and read well, and it should be free of grammatical and spelling errors.Generate business value by enabling greener, healthier and more sustainable lives.Your business case must prove that consumer behavior change has a ‘strategic fit’ with the business value drivers your company is currently prioritizing.In this section, you make your recommendations for the project and how it is to be conducted.Changing consumer behaviors ‘downstream’ has become popular, but the ROI is murky.Making the case for enabling sustainable lifestyles demands strategic organizational fit, precedent and effective tactics. Then add your case study to this growing bank of learning.How to make the most of your Trip Advisor listing Our Head of Industry Development, Pam Foden, provides some top tips on how businesses can make the most of Trip Advisor.You should also list any dependencies, such as completion of other projects or the availability of key individuals.Attraction case study: West Street Vineyard Jane Mohan of West Street Vineyard describes how she set up her business and discusses the importance of working with others and hiring the right staff. business development case studies and analysis This section is a straightforward articulation of the problem that the project is supposed to solve. business development case studies and analysis

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