Entrepreneurship Development CIO

Entrepreneurship Development CIO

Table of Contents
INTRODUCTION.......................................................................................................................................4
Customer value proposition canvas..........................................................................................................5
Lean Business Model Canvas......................................................................................................................7
CIO strategies for IT department...............................................................................................................11
Financial and financing plan......................................................................................................................14
Summary...................................................................................................................................................15
Reflection..................................................................................................................................................16
References.................................................................................................................................................17

INTRODUCTION
The Lean Startup is a logical way to work with small companies and supervise them to bring
an ideal item faster into the hands of consumers. The Lean Startup approach teaches you how
to run a start-up, when and where to transform, and when to begin to expand an organization
with the highest acceleration. It is a proactive way of coping with improvements to new
products. The circle insertion of the learning calculation is a core part of the Follow Startup
strategy. The first step is to make sense of the issue that really should be clarified and then
create a minimum viable product (MVP) to continue the learning experience in the
circumstance as quickly as possible anticipation. Idea of business plan is to buy a real time
PCR machine (used for COVID detection) and use it in a market niche, formed now, as Europe
and most countries need a negative test for travel and to prevent isolation. The government of
United Kingdom states that testing for travel, kids, or business, are not to be made through
NHS for free, without symptoms. Heathrow Airport has testing site, although not
recognized, as the only internationally, fully accepted results are PCR. The cheapest PCR
test is 139 pounds. The machine would be placed in a cheaper letting area, like the North. We
would create sample collection points, forindividuals.
Goal of revenues and margins for one to three years:
 Rising sales last year by 20 percent
 Achieving £ 40 as a gain on each commodity
 Need to get at least 40 percent throughout the year in the cumulative pro1it out o1
operating profits Expected net profit of one Million is reached in the current year.
 On this basis, the cumulative sales must be 5,000 per item throughout the year @ E200
Retaining variable costs up to 60 percent of net sales.
Besides this; the corporation's other targets are to market goods to at least 100,000 individuals
and a profit margin of 15 percent at the rate; 5,000 sold consumers will make income.
Telemarketing, social media, posters, network ads, advertising campaigning are the publicity
on the business plan.