【正文】 ? Writing a business plan 29 ? Has the key value creation factor in the value chain been indicated ? □ Partnership ? Has the need for partnership been clearly explained ? ? Have you pared potential partners ? □ Value Chain ? Is the value chain fully explained ? ? Is the cost in each value chain objectively explained ? □ Make or Buy ? Have you specified which activities you want to handle yourself and which should be carried out by third parties ? ? Have you pared possible ways to fe partnership ? ? Have you examined whether the partnership gives equal benefits to both sides ? ? Have you examined feasibility of your business from the viewpoint of strategic significance, suitability and availability ? ? Have you pared potential suppliers for outsourcing ? Check List (Business System) Yes No ? Writing a business plan 30 Organization –Explain anizational structure necessary for each stage of the business (show anizational chart) –Maintain TFT format during the incubating stage of the business. Separate into an independent business unit once the operation is in full swing –Describe missions and functions of each anizational unit HR –Describe skills and qualifications required of the team leaders and members –Set up KPI for performance evaluation of team leaders and members –Suggest ways to reward outstanding team leaders and members –Show required number of personnel according to each anizational unit/rank ? Writing a business plan 182。 Organization and HR 31 ? Is there enough background for the anizational structure ? ? Have you selected KPI for performance evaluation of team leaders/members ? ? Does the KPI match the missions and functions ? ? Have you presented an anizational chart according to each business stage ? ? Have you detailed functions and missions for each anizational unit ? □ HR ? Have you described the skills and qualifications required of each business unit leader ? ? Have you suggested ways to reward outstanding team leaders/members ? ? Is the anization structure suitable for speedy decision making ? ? Have you described the skills and qualifications required of each unit team member ? ? Have you indicated whether you will utilize your own or outside people as team leaders/members, and given rationale for your choice ? ? Have the number of ranks been minimized as much as possible ? ? Writing a business plan Check List (Organization and HR) Yes No □ Organization 32 Analyze the opportunities and risks involved in the new business and promote risk management and opportunity use Risk analysis –Analyze the fundamental risks related to the market, petition and technological development for the new business –Quantitatively measure the impact on the risks –Seek ways hedge or manage the risks Opportunities analysis –Analyze additional opportunities related to the market, petition and technological development for the new business –Quantitatively measure the value of the options –Seek ways to enhance the value of the options “One of the greatest myths about entrepreneurs is that they are all risk seekers. All sane people want to avoid risk.” ? Writing a business plan 182。 Opportunities and Risks 33 ? Are the risks related to the market, petition and technological development quantitatively evaluated ? □ Risk analysis ? Are the risks in market, petition, and technological development related to the new business accurately defined ? ? Have you suggested ways to hedge the risks ? □ Opportunity analysis ? Are the potential opportunities in market, petition and technological development related to the new business accurately defined ? ? Are the options related to the market, petition and technological development quantitatively evaluated ? ? Have you pointed out ways to heighten the value of the options ? ? Writing a business plan Check List (Opportunities and risks) Yes No 34 Drawing up your implementation schedule 1) Gantt implementation schedule : Check major tasks on the Gantt chart 2) Major milestones : Indicate events that should be defined as milestones 3) Important connections and interdependencies between the work assignment groupings ? Writing a business plan 182。Implementation Schedule A realistic fiveyear plan enables you to consider interrelated issues in promoting your project and above all, help you to avoid possible risks from attempting to reach your targets with an overly optimistic planning 35 Sample Gantt Chart Task 2021 1 2 3 4 5 6 7 8 9 10 11 12 2021 2021 2021 Development ? Software development ? Hardware Setup ? Test Marketing ? Establish customer relationship ? Advertising ? Regional expansion Organization/HR ? TFT anization/management ? Recruiting/training Milestone New product pletion Launch advertising Busan operations Kwangju operations Taegu operations Seoul operations ? Writing a business plan 36 ? Are all major tasks included in the schedule ? □ Gantt chart implementation schedule ? Is the implementation schedule in the form of a Gantt chart ? ? Is the implementation schedule consistent with other sections (anization, personnel, financial planning) of the business plan ? □ Milestone ? Have all the major milestones been indicated ? ? Are the milestones consistent with the Gantt implementation schedule ? ? Is the schedule overly optimistic ? □ Interrelation and interdependency ? Is the order of tasks logically laid out ? ? Is there a reasonable explanation for the interdependencies between tasks ? ? Writing a business plan Check List (Implementation schedule) Yes No 37 Minimum required for