Prepare a executive summary defining the new division of existing business. Share your Vision,...

Question:

Prepare a executive summary defining the new division of existing business. Share your Vision, Mission, final business model, and value proposition, and list your key assumptions, risks, and change management issues. Quantify the growth and profit opportunity and planned impact on various stakeholders

Business Divisions:

Business divisions refer to the various departments of an organization, and all the departments work simultaneously to make the business operations effective. Business divisions may include operations department, sales department, marketing department, and so on.

Answer and Explanation:

An executive summary for explaining the new division of existing business is given below:

An existing firm introduced a new division for the betterment of the organization as well as the society. The vision of the new division is to provide effective services to the customer as well as improve the functioning of the business to make efficient utilization of resources. The mission for the new division is to grow the company, and make customer relationship to be more effective to attract the customers. Also, new division emphasizes the empowerment in the society.

The final business model for the new division is to use the parallel strategy where an organization focuses on customer support as well as attracting investor by improving the financial position and that will help to achieve the value proposition to improve the organizational environment by having good customer relationship.

This new division is based on the services provided to the customer and the key assumption for it may be the lower risk associated with this new division as it will most probably improves the internal as well as external relationship.

A positive relationship and a risk free project helps to attract more investors and increase the confidence of the existing shareholder.


Learn more about this topic:

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Setting Business Department Goals

from Business 111: Principles of Supervision

Chapter 3 / Lesson 11
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