4.6 Summary

In this section you have:

• examined the transformation model of inputs into outputs and the extended enterprise value cycle
• considered the resources required in your new business
• understood that a capability is about how you use resources
• started to think about the core competence of your new venture
• conducted your own SWOT analysis
• looked beyond the SWOT to see advantages, disadvantages, temptations and defences.

Now open the BPPR (or download the template [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] ) and reflect on the activities completed in this section. Review the output from each activity and complete the questions raised in Section 3 of the BPPR, which require you to synthesise your activity and thinking to date.