Feasibility assessment, business plan and connection to network
Serious attention is paid to formulating a concept. From the chosen concept, the elements needed for Market Entry decision-making are fashioned.
Feasibility assessment is still rather consultant-led work, but as concepting advances the emphasis shifts to interactive cooperation. The input of the client's own and other experts grows. As concepting advances, a new business leader is generally recruited, which indicates the commitment of the company's management to the project. Then the baton is naturally passed on and the consultancy team becomes a resource available to the new leader.
Feasibility assessment
- Will the assumptions that form the basis of the concept stand up to critical examination?
- The road map shows whether a wall will block the way or whether it can be by-passed.
Business plan
- With what logic will money change owner?
- What investments are needed and when will the money be recovered from the market?
Connection to networks
- What kind of partnerships, task sharing or M&A activity does acquiring the necessary resources demand?
