Set-Up For this third mini-project, you will develop a strategic entrepreneurship plan to help a company decide whether to take a build, buy, and/or partner approach. To understand the background and parameters of the project, read this email from your supervisor: TO: Strategy Team DATE: November 1, YYYY SENDER: [email address of supervisor] SUBJECT: Strategic Entrepreneurship Plan Our company experienced exceptional growth last year, yet we feel that there is a need to increase our capabilities to achieve our growth targets this year and in the future. As our lead strategist, could you analyze our company’s current capabilities and determine if we should take a build, buy, or partner approach to increase our capabilities?  As you consider our current capabilities, please look at who we currently partner with, recent acquisitions, and innovations in the company. Then propose a plan for how to best meet the growth plans that leadership has established. This strategic entrepreneurship plan will help be invaluable for us as we decide on the next steps to take. Sincerely, [Name, Title]         choose a real company to focus on. It should be public with lots of accessible information. Preferably, you should be able to access information about the company’s current partners, recent acquisitions, and innovations. Then, determine the company’s growth plans and current capabilities, and propose a plan to increase their capabilities through a build, buy, or partner approach. The document BUS 495 Strategic Entrepreneurship Plan Guidelines Download BUS 495 Strategic Entrepreneurship Plan Guidelines provides additional details on creating the plan.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

Set-Up

For this third mini-project, you will develop a strategic entrepreneurship plan to help a company decide whether to take a build, buy, and/or partner approach.

To understand the background and parameters of the project, read this email from your supervisor:

TO: Strategy Team
DATE: November 1, YYYY
SENDER: [email address of supervisor]
SUBJECT: Strategic Entrepreneurship Plan

Our company experienced exceptional growth last year, yet we feel that there is a need to increase our capabilities to achieve our growth targets this year and in the future.

As our lead strategist, could you analyze our company’s current capabilities and determine if we should take a build, buy, or partner approach to increase our capabilities? 

As you consider our current capabilities, please look at who we currently partner with, recent acquisitions, and innovations in the company. Then propose a plan for how to best meet the growth plans that leadership has established.

This strategic entrepreneurship plan will help be invaluable for us as we decide on the next steps to take.

Sincerely,
[Name, Title]

 

 

 

 

choose a real company to focus on. It should be public with lots of accessible information. Preferably, you should be able to access information about the company’s current partners, recent acquisitions, and innovations. Then, determine the company’s growth plans and current capabilities, and propose a plan to increase their capabilities through a build, buy, or partner approach.

The document BUS 495 Strategic Entrepreneurship Plan Guidelines Download BUS 495 Strategic Entrepreneurship Plan Guidelines provides additional details on creating the plan.

Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON