Feedback on the business plan draft submitted

Innovation in health care in many ways

These are my comments regarding the business plan draft submitted last Saturday.  Thank to all those who did their best to comply.

1. The drafts are still work in progress. Most are only 30 to only 40% done.  A lot more work has to be done to put flesh into the business plan. As we say that MDs are scientific and evidence based, the BP has to be buttressed with more information (clearer information) that the concept will work

2.  There are those who subscribe to other BP formats. There are about several thousand business plan formats. But for our purposes, the business plan format that shall be graded only shall subscribe to this format and which was published in the web site:

Notes on business plan submission

3.  Required parts of the business plan and their weights/points system of grading:

Contents of a business plan and their weights in grading

1. Business concept and business model                                             10 points
2.  Executive Summary                                                                        5 points
3. Business Objectives -  VMOKRAPI                                                  10 points
4.  Organization  Technical, Financial and Middle Management                 5 points
5.  External Environment:  Macro and Micro Market                               10 points
6.  Product Customer                                                                            5 points
7.  Sales projection                                                                              10 points
8.  Operations (how to produce the product or service                            10 points
9.  Strategy         SPATRES    (enterprise delivery system                     20 points
10   Financial Projections                                                                   10 points
11. Compliance with regulations and exit strategy                                  5 points 

Submission of outputs for business plan

Innovation in health care in many ways

Ateneo Professional School
Makati Philippines
June 13, 2016

This chair notes that some of the students have not submitted their business concepts, models, organization.  The next one to be submitted will be business objectives.

Our plan for the class is to have the students work on the BP during the semester, patak patak during the term every session. and submit the same at the end of the term. The cases and the SR are meant to illuminate the students on the BP making and submission  The business plan is 30% of the total grade and is a major requirement, and is a graduation skill needed for strama preparation.  At the end of the semester, I have only 7 days, as is required under the new rules to submit the grade.   If you do not submit, Inc will be given to you which turns into an F if 30 days lapse.  

So I encourage everyone to work on the business plan as is the plan in the syllabus. Otherwise, you will cram and face the possibility of getting  low grade.   Not a nice record

Notes comments on submission of concepts/drafts for Business Plan

Innovation in health care in many ways

Ateneo Professional Schools
Makati City  May 30, 2016

Thank you for the submission of your business plan concept, drafts.  It is heartwarming that the majority of the class (with the exception of those who were absent twice) have submitted. That means many will be able to comply/submit a major requirement of the course and that all are focused and enthusiastic in our mission to submit a business plan

Here are my comments:

1.  The choice of topic (and some have multiple topics) depend on your priority, your budget/resources available (if you really intend to pursue the business plan) If you have zillions available and you can show me your credit line/passbook, then go for it.

2.  Discern also if your proposed plan will just fall into a new idea or a process improvement.  The business plan that we are thinking of has threshold of P3 million, and you must be able to show an ROI and financials

3.  Please read/follow the posts on business planning, business concept, business objectives (VMOKRAPI) and business models for more information

4.  The format contents of the BP has to comply with the one prescribed by the course for ease of grading.  (Dra Katrina's submission followed the format

Allow me to repost:  from  Business Plan series

Definition

A business plan is a document that defines business objectives of a new or about to be turned around existing business and strategie- s (activities and resources to be used) to attain such objectives.  It includes the organization, the market study, the product, the customer, and financial projection on how the objectives are to be met.  From Investopedia

As in any major paper:  strama, thesis, etc. the burden of proof to show that the plan will work, the objectives can be met is on  the writer, proponent who must do intensive research analysis and proving.   You have to present a winning, innovative winning case:  a winning business plan (This should be like the way you did the crime planning, well thought of and detailed/meticulous

Contents of a business plan and their weights in grading

1. Business concept and business model                                             10 points
2.  Executive Summary                                                                        5 points
3. Business Objectives -  VMOKRAPI                                                  10 points
4.  Organization  Technical, Financial and Middle Management                 5 points
5.  External Environment:  Macro and Micro Market                               10 points
6.  Product Customer                                                                            5 points
7.  Sales projection                                                                              10 points
8.  Operations (how to produce the product or service                            10 points
9.  Strategy         SPATRES    (enterprise delivery system                     20 points
10   Financial Projections                                                                   10 points
11. Compliance with regulations and exit strategy                                  5 points 

Revision in discussion of Business Plan Parts and Regular Submission of Outputs

Innovation in health care in many ways

SESSION	DISCUSSION	OUTPUT
2	Business Plan
3	Business Model / Objectives VMOKRAPI	Topic Outline
4	Organization Technical / Financial Mid Management	VMOKRAPI
5	Product Features / Differentiation Competitive Analysis	Organization
6	Macro and Micro Market Data / Customer Primary Target Market	Product Features Competitive Analysis
7	Sales Estimate / Forecast	Macro and Micro market
8	ITO, Strategy SPATRES	Sales Forecast
9	Financial and Cash Management	Strategy / SPATRES
10	Compliance with regulations Sustainability, being green	Financial Statements
11	Exit Strategy Executive Summary	Compliance with regulations
12		Exit Strategy / Executive Summary
13		Submission of drafts
14		Final Submission

Draft of amendments of MBA H syllabus

Innovation in health care in many ways

Rizal Philippines
May 9, 2016

Amendments to the MBAH Entrep Syllabus:

1.  Course syllabus and schedule:

    Sessions:

   1. Introduction to the course.  Definition of entrepreneur (debate)

 Mastery of self

   2. Traits of an entrepreneur:  mastery of self/Ignatian/Heroic leadership

   3.  Ds and Fs of enterpreneur

Mastery of opportunity

  4  Opportunities:   identifying, screening, seizing

  4. Creativity, opportunities in medical field, medical entrepreneurship     Start of submission for bp    -   topic and concept

   Mastery of enterprise

  4. Business planning, business model     

  4.  Goal Setting VMOKRAPI                                            Business model submission

   5. External environmnent, regulatory framework                 VMOKRAPI

   6.  Sales Estimate; micromarket study, PTM                    External Environment/EFE

   7.   Strategies:   in house, outsourcing, franchising   ITO             Sales Estimate

   8.  Finance   -   Genesis of Enterprise, debit, credit,                       Strategy

   9   CTRP of 1997:  BiR and you; Case analysis                          Financial Statements                                               

   10   Case Analysis

    11.  Field visit of an enterprise (micromarket study)

    12. Guest entrepreneur

     13.  Guest entrepreneur                                                           BP draft submission

     14.   Social entepreneurship

     15.  Medical entrepreneurship                                                   Final BP submission

2.  Grid:     Session Number, objectives,   lecture         ind activity,   group          outputs

3.  Grading system

4. 4.  Expalantion of  the assignments and grading system

     Individual:

   1.    NU 12: 10 pts 12 new ideas.  This fosters creativity and inventivess   10pts.   These are new ideas arising from gaps in the wants and needs of the market and from what pisses you off.

      Describe the situation, what is wanting and lacking,  Then the innovation and its advantages and benefits. Describe how the process for implmenting the innovation/new ideas

     Past projects are welcome

    This is to be sent/uploaded to : (the site will be given later)

   2.  Case analysis  10%.  Oral recitation:   This is a test of critical and analytical thinking.  This is is about research and data collection and proving and disproving the hypothesis to the problem  This tests the ability of the student to relate to the goal/vision of the enterprise or entrepreneur. This is about releavance and focussed thinking. No written report is required

  3. Special report;   10%  This is a five minute, at least 30 pages PPT presentation on the topic that was assigned (related to the topic of the session) This will be graded according to the main grading rubric of the original syllabus The student will be given full creidt if he she will upload this to slideshare at his account or one common account of the class. 

Menu of topics for the Special Report  (list down

   4. Business plan   30%  This is a major requirement of the course.  The students are required to submit outputs that every session. as stipulated in the syllabus.   The students should be able to submit a BP at the last session of the course.  It should be at least 40 pages long A1 12 points Arial double space, with table of contents and pagination

    Of the 30 points, the student will be graded with 5 pts based on his regular submission of outputs for the bp on the day they are due.

     Failure to submit the BP means that the student get an InC grade, which could lead to a 1 grade if not submitted.

The student will not be graded on attendance because he will be unable to submit  outputs if he does not attend the class

Subtotal   60 points

Group work:

1. Invitation of the guest entrepreneur.   25%

    The entrepreneur is a living proof a walking lesson on entrepreneurship.  If the group can bring him in the class, the group gets a four.  The group takes care of his certificate, gifts, parking and other tokens for the guest.

2.  Group work          15%

   1.  Planning a crime

   2.  Micro market study:

       Study two fast food outlets:

       Compare and describe:

       1. Customer behavior (how are they using the outlets)

       2.  Estimated profile of the customer:   age, sex, appearance etc.  Sorry no MR or formalcustomer profiling interview

    3. Physical facilities, pricing, level of service, staff appearance and, cleanliness, speed, food gtaste 

   3.  Input, throughput, output study of a micro enterprise:

         Study a food street cart:  describe the food/service being rendered, describe the inputs, and the process, the cost, vs the outputs (the product)   How do they match up (place the ITO diagram)

Submission of assignments:

1.  All group work are to be submitted /uploaded to :   profjorge.entrep.medentrep@blogger.com

    Drafts of the business plan are to be submitted to this site

   To view the posting, please view/click

http://medicalentreprenership.blogspot.com/

2.  NU 12 assignments are to be sent uploaded to:

 profjorge.entrep.innovation@blogger.com

    To view the posting, please view/click

http://entrepnew.blogspot.com/