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What is ABC?ABC stands for – Active Business Coaching

We are an open forum – to network, share and learn!

NO ONE is an Expert! Everyone has something to contribute as everyone’s experience is UNIQUE!

Why I started it? Feel that there needs to be a forum for young professionals & aspiring entrepreneurs to grow as an able-minded and empowered community.

Knowledge is not static or limited. It grows when you share it!

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ABC - EntrepreneurshipSession 1: Entrepreneurship & MeSession 2: Challenges are Gifts & OpportunitiesSession 3: Rapport is not RepotSession 4: Focus – Zoom in or Zoom out?Session 5: Setting the Plan

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Setting the Plan …A

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What type of

business do you want to

do?

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Key QuestionsA

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WHY DO WE NEED A BUSINESS PLAN?

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Typical Business Plan

Executive Summary

Company Description

Company Vision, Mission & Objectives

Market Analysis

SWOT Analysis & Key Success Factors

Strategic Analysis / Sustainable Competitive Advantage

Human Resource Plan

Technology Plan

Financial Forecasts / Key Performance Indicators

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For business plan samples and templates, you may want to check out http://www.bplans.com/. They provide a good range of samples for different types of businesses.

Strategic Management Process

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VisionMission

Objectives

SWOT Analysis

Market Analysis

Strategic Analysis

Implement Strategies

Evaluate Results

StrengthsWeakness

OpportunityThreats

Long Term & Short

Term Goals

Defines the Business

What are we going to

do?

Analyze environmen

t& resources

Develop Strategies

Sustainable Competitive Advantage

Blue Ocean

Develop Measures

(KPIs)

Execute Plan

Assess based on Key Performance

Indicators

How to Start

Let’s break down to four groups.

Each group work on one business plan.

Business Plan must have:

(1) Vision, Mission & Objectives

(2) Market Analysis

(3) SWOT Analysis

(4) Strategic Analysis

(5) Key Performance Indicators

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Sample Business Plan Mind Map

Red Ocean Versus Blue Ocean StrategyIn the red ocean, differentiation costs because firms compete with the same best-practice principle. Here, the strategic choices for firms are to pursue either differentiation or low cost. In the reconstructionist world, however, the strategic aim is to create new best-practice rules by breaking the existing value-cost trade-off and thereby creating blue ocean.

Red Ocean Strategy Blue Ocean Strategy

Compete in existing market space. Create uncontested market space.

Beat the competition. Make the competition irrelevant.

Exploit existing demand. Create and capture new demand.

Make the value-cost trade-off. Break the value-cost trade-off.

Align the whole system of a firm’s activities with its strategic choice of differentiation or low cost.

Align the whole system of a firm’s activities in pursuit of differentiation and low cost.

Blue Ocean Strategy

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How to Start

Let’s break down to four groups.

Each group work on one business plan.

Business Plan must have:

(1) Vision, Mission & Objectives

(2) Market Analysis

(3) SWOT Analysis

(4) Strategic Analysis

(5) Financial Forecasts

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9 C’s of Effective Elevator PitchExtracted from the book “Elevator Pitch Essentials” by Chris O’Leary

To conclude …

How to Start a Business Plan

Developing your Elevator Pitch

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ABC - EntrepreneurshipSession 1: Entrepreneurship & MeSession 2: Challenges are Gifts & OpportunitiesSession 3: Rapport is not RepotSession 4: Focus – Zoom in or Zoom out?Session 5: Setting the Plan

What’s next?

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Coaching @ FAHAMIR• New ABC Sessions• Team Coaching• Personalized Coaching• Coaching Coaches

Find us @ www.fahamir.comContact us @ inquiry@fahamir.com Or Call us @ 0815.1064.5174 for more information

FAHAMIR Redefine Training