There are two parts to Assessment 3: One involves everyone in the team presenting via Powerpoint ideas and arguments that explain and sell the business idea. The other involves the group/team presenting and/or submitting (as is appropriate) three portolio items plus the team charter jointly.
The following describes the requirements for the group presentation:
THE BID OR PITCH AND THE GROUP/TEAM POWERPOINT PRESENTATION
Make a 1-2 minute pitch, which pithily describes the most important and persuasive aspects of the business concept and the business model to be realised
Each team member talks for around four to five minutes (no more than five minutes) about the business concept and business model to be realised
Where appropriate the items from the portfolio of materials are showcased
The main presentation should be effectively structured and include the following:
Comprehensive description of the proposed business, including the product/service(s) that will be made available to customers
A high level discussion of the business case, including 1) the problem solved, 2) the benefits of the proposed business model, 3) outline of the initial strategy for establishing and growing the business, 4) options analysis, and 5) delivery approach (NPV analysis is not necessary)
Business model components of the business concept, using the Business Model Canvass approach
Summary of the key points
The following describes what MUST be submitted by the group/team:
PORTFOLIO OF MATERIALS AND THE TEAM CHARTER
The group/team MUST submit three of the following as part of a portfolio of materials in support of the business idea presented by the group/team:
description of the innovation process to be used
cashflow projections, including profit & loss, balanced sheet estimates for the first two years
short videos or animated Powerpoint communications that are focussed on explaining and selling the business to potential investors and customers
a draft website (maximum 6 pages) that is focussed on explaining and selling the business to potential investors and customers
an example of a blog or newsletter or other such communication that is focussed on explaining and selling the business to potential investors and customers
a 2 page plan/outline (A4, 1.5 spacing) that explains how social media will be used
a related application software
a short brochure in pdf
a prototype of the product
a schematic or simulation or other such representation of the planned service offering
another such item that positively demonstrates some aspect of the product/service you want to develop and which will persuade investors to fund your project.
It is also mandatory that the group/team completes a team charter and submits this with the copy of slides and porfolio of materials, as follows:
A team charter of no more than 500 words, which contains a description of the following information:
The team's objectives (eg. learn how to workshop ideas, get distinctions or above, etc.)
Communication methods (eg. meet twice a week, conference video calls, etc.)
Meetings/protocols, including how minutes or actions will be documented
Task allocations (eg. who will be working on what, who will be the first speaker during presentations, etc.)
Conflict resolution methods (eg. team leader appointed and resolves, toss a coin, ask the lecturer for advice, etc.)
Quality assurance methods (eg. who proofreads, who reviews final submission, how often is the presentation rehearsed in advance, etc.)