Difference between revisions of "Assignment 3 2019 – Design your business"

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(Templates and formats)
(Submission format and presentation)
 
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== Time frame ==
 
== Time frame ==
 
*'''Group work''': 25.04. – 16.06.2019, 9 am
 
*'''Group work''': 25.04. – 16.06.2019, 9 am
*'''Presentation''': 11.06.2019 during plenary session
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*'''Presentation''': 06.06.2019 during plenary session
  
 
--> students participating in the intensive programmes in Romania are doing this assignment as part of the workshop
 
--> students participating in the intensive programmes in Romania are doing this assignment as part of the workshop
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*Share and communicate a vision of how things can be changed
 
*Share and communicate a vision of how things can be changed
 
*Consult with your international team members about your local idea
 
*Consult with your international team members about your local idea
*Your findings will be presented to the plenary on '''Tuesday, 11.06.2019'''
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*Your findings will be presented to the plenary on '''Thursday, 06.06.2019'''
 
*Your report will be submitted on '''Sunday, 16.06.2019'''
 
*Your report will be submitted on '''Sunday, 16.06.2019'''
  
 
== Submission format and presentation ==
 
== Submission format and presentation ==
  
'''* Part One - Group work(Pass/Fail):'''
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The business plan has the following sections:
#Executive summary
 
#Social enterprise mission and goal
 
#Target market
 
#Products and services, key activities (value propositions)
 
#Channels
 
#Management team and other key resource requirements
 
#Financial summary
 
  
'''* Part Two – Individual work (Graded)'''
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# Executive summary: Opportunity and expectations
#Operational and management plan (compulsory)
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# Opportunity: Problem and solution, Target market and Competition
#Partner and stakeholder network (compulsory)
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# Execution: Operations, Management plan, Marketing & sales and Milestones & metrics
#Marketing plan (optional, for “very good+” up to “excellent”)
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# Financial plan: Financing and revenue model
#Financial plan (compulsory)
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# Social/environmental/community impact
#Social/ environmental impact (compulsory)
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#Partner and stakeholder network
  
'''Masters students only''':  
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Masters students only:  
#Social enterprise: social and ethical values
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# Social, ethical or community values
#Risk management
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# Risk management
  
 
== Templates and formats ==
 
== Templates and formats ==
 
*The report should be developed based on our '''[https://ilias.hfwu.de/goto.php?target=cat_22324&client_id=hfwu business plan template]'''
 
*The report should be developed based on our '''[https://ilias.hfwu.de/goto.php?target=cat_22324&client_id=hfwu business plan template]'''
*The final presentation will be done with a PPT presentation. The presentation needs to be submitted before '''11.06.2019, 9am''' and presented in the afternoon.
+
*The final presentation will be done with a PPT presentation. The presentation needs to be submitted before '''06.06.2019, 9am''' and presented in the afternoon.
*Prepare your presentation for ''' 11th of June''' with this '''[https://ilias.hfwu.de/goto.php?target=cat_20429&client_id=hfwu PPT template]'''
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*Prepare your presentation for '''6th of June''' with this '''[https://ilias.hfwu.de/goto.php?target=file_22344_download&client_id=hfwu PPT template]'''
 
*There will be an invidiual upload area for submitting the reports, you will not be asked to put this material on the wiki
 
*There will be an invidiual upload area for submitting the reports, you will not be asked to put this material on the wiki
 
*Report submission deadline is '''Sunday, 16th of June 2019'''
 
*Report submission deadline is '''Sunday, 16th of June 2019'''
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*Quality of documentation
 
*Quality of documentation
 
*Quality of oral presentation (i.e. keeping time limits, clarity, expression, quality of presentation slides)
 
*Quality of oral presentation (i.e. keeping time limits, clarity, expression, quality of presentation slides)
 +
*For your information, you may download the evaluation forms:
 +
** [https://ilias.hfwu.de/goto.php?target=file_22347_download&client_id=hfwu Group assessment form]

Latest revision as of 06:09, 17 May 2019

Ideenwolke.jpg

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Time frame

  • Group work: 25.04. – 16.06.2019, 9 am
  • Presentation: 06.06.2019 during plenary session

--> students participating in the intensive programmes in Romania are doing this assignment as part of the workshop

Task description

  • What if your team and your community became a company? You have now a common understanding of the challenge; you know about various social business cases, you are aware of business models: Now you can design your own business!
  • In your team you are going to think yourself through all the relevant steps required for starting a business such as: a business plan, a financing concept, a marketing scheme. ´
  • You will attend additional workshops in the Community Innovation Labs for advancing the design and pitching your idea
  • Share and communicate a vision of how things can be changed
  • Consult with your international team members about your local idea
  • Your findings will be presented to the plenary on Thursday, 06.06.2019
  • Your report will be submitted on Sunday, 16.06.2019

Submission format and presentation

The business plan has the following sections:

  1. Executive summary: Opportunity and expectations
  2. Opportunity: Problem and solution, Target market and Competition
  3. Execution: Operations, Management plan, Marketing & sales and Milestones & metrics
  4. Financial plan: Financing and revenue model
  5. Social/environmental/community impact
  6. Partner and stakeholder network

Masters students only:

  1. Social, ethical or community values
  2. Risk management

Templates and formats

  • The report should be developed based on our business plan template
  • The final presentation will be done with a PPT presentation. The presentation needs to be submitted before 06.06.2019, 9am and presented in the afternoon.
  • Prepare your presentation for 6th of June with this PPT template
  • There will be an invidiual upload area for submitting the reports, you will not be asked to put this material on the wiki
  • Report submission deadline is Sunday, 16th of June 2019

Evaluation criteria

  • Timely submission of deliverables
  • Creativity and innovation of business model and change theory
  • Extend to which the proposal meets the criteria of a social business (i.e. explicit social and/or environmental aims in combination with commercial, revenue-generating activities)
  • Completeness, depth and formal correctness of required elements
  • Visible synergy of project team
  • Quality of documentation
  • Quality of oral presentation (i.e. keeping time limits, clarity, expression, quality of presentation slides)
  • For your information, you may download the evaluation forms: