Business Case
Group report and group presentation: The business case
Assessment
Tasks
This section describes the assessment tasks. There are
two components, a group business case report and a group presentation. To
successfully complete these two assessment components, you are required to join
a group. As part of a group you will develop a business case document and a
presentation. Your group will present your business case using PowerPoint.
Business case report, 30% of the total marks for the
unit
To successfully complete the business case report, you
and your group are required to undertake the following activities:
Activity 1:
To successfully complete the assessment, your group is required to identify a business and the
business stakeholder you will be writing the business case for. You might be
pitching to an investor or the management of a business. Identify the business
and the stakeholder. It can be:
a. A business that one of
the group members is or has been employed at and therefore knows well. It
is a very good option if other members of the group are familiar with a similar
business too. It is important that no confidential business information is included
in the business case report.
b. A business that in the public eye, meaning
there is a lot of publicly available information about this business.
c. If you suggest an organisation other than the
ones above, you will need approval from the assigned lecturer.
Activity 2:
Identify an innovation that your group
believes could be reasonably discussed as the subject of the business case. The
innovation you choose should have the potential to be developed sustainably
over a commercially viable period of time. “The suggested innovation must not
be implemented by the firm yet”. It can be an innovation your team come up with
yourselves or something you learned about through any media.
Activity 3:
Consider and evaluate the possible business
models that could be used to realise the opportunities inherent in the innovation.
Activity 4:
Develop the business case document based on
the business template provided in class and online. This will require you to
write a business case with five separate sections: 1) the problem the innovation
can solve; 2) benefits of the innovation; 3) strategic response or plan; 4)
project options analysis; and 5) delivery of the recommended solution.
Each group is required to demonstrate both scholarly
independence and academic integrity in undertaking all steps of the business
case development process. Students are required to base their analyses on data
that is reasonably and ethically sourced, and to use assumptions that can be
justified in a commercial setting.
Responsibility for structuring, coordinating, and
managing processes to finalise the business case lies with each group. Groups
are encouraged to work with content beyond Tidd & Bessant (2013) and
Osterwalder & Pigneur (2013). Groups must take charge and deliver a
business case capable of convincing key or principal stakeholders that a return
is assured.
You should have at least 5 refereed journal
articles, at least 20 other sources (e.g. statistics, annual reports, industry
publications, etc.), appropriate justification or mathematical models (such as,
net present value analysis, Wolfram alpha), and business development issues
specific to the problem or need expressed. You may utilise appendices to
support your business case.
As part of your working in groups, you are required to
provide evidence of your team formation and ongoing team work with your
business case. The team working evidence should be provided in the form of an
appendix, by including team charter and meeting agendas/minutes. (MAKE IT YOUR SELF WE WILL JUST EDIT THE DATES AS PER EVERY
WEEK)
Business case presentation,
20% of the total marks for the unit (15 Slides)
In business, concise yet convincing pitches
and solid presentations are important in many contexts, such as board meetings.
Key stakeholders are given compelling reasons as to why they ought to accept,
endorse, and finance the business case. The upside gains versus the downside
risks are addressed in full. For example, important details associated with
payback such as Return on Investment (ROI) forms part of the recommendation to
act on the business opportunity.
Therefore, the assessment culminates in a short
‘pitch’ followed by a group business case presentation. The presentation is to
contain a more detailed presentation of the business case. Each group is to
present a PowerPoint presentation that summarises the key points of your
business case. The entire ‘pitch’ and presentation
should be roughly 12 minutes in duration (depending on student numbers).
Everyone in the group should equally contribute to the delivery of the
presentation.
Each presentation should begin with a 2
minute ‘pitch’ of why the business case should be approved. The pitch will give you the opportunity to practice
making a case succinctly, just in case you do get the opportunity to talk alone
with a decision-maker for a short period of time prior to a more formal
presentation of your ideas. You should nominate one person to present the 2
minute ‘pitch’. The more formal 10-minute PowerPoint presentation should follow
the ‘pitch’ and involve everyone else in your group.
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