Planning for Growth: Exploring Growth Options, Ansoff's Growth Vector Matrix, Funding Sources, and Business Plan for Accenture

Planning For Growth

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK...............................................................................................................................................1
P1 Explain the growth options for the business with Justification. .......................................1
P2 Evaluate the opportunities for growth applying Ansoff’s growth vector matrix................2
M1 Discuss the options for growth using a range of analytical frameworks to demonstrate
the understanding of competitive advantage within an organizational context..........................4
P3 Assess the potential sources of funding available to businesses and discuss benefits and
drawbacks of each source............................................................................................................4
M2 Evaluate potential sources of funding and justification for the adoption of an appropriate
source of funding for a given organizational context..................................................................6
P4 Design a business plan for growth that includes financial information and strategic
objectives for scaling up a business............................................................................................7
M3 Develop an appropriate and detailed business plan for growth and securing investment,
setting out strategic objectives, strategies and appropriate frameworks for achieving
objectives.....................................................................................................................................8
P5 Assess exit or succession options for a small business explaining the benefits and
drawbacks of each option............................................................................................................9
M4 Evaluate exit or succession options for a small business comparing and contrasting the
options and making valid recommendations...............................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Planning for growth of an organisation is very crucial aspect as it contains the information on
how owner of the business is going to expand operations of the company in respect to provide
growth. Growth plans for an organisation helps in expanding facilities in the operations through
additional economic resources and in order to meet increased customer demand. It contains
foundation and fundamental principles that helps in enhancing the growth of the company. A
business growth plan is a framework which outlines where an organisation sees itself in the
upcoming years. The growth plan should be made in order to met the organisational goals. It is
very important in order to generate growth and helps in multiple aspects such as it minimizes the
future risk, recouping early losses in the organisation and recreate revenue plans. This report is
being made in the context of highlighting all the necessary development planning of the
Accenture company which is an UK based company dealing in global professional services with
leading capabilities in digital , cloud and security(Djumanov and Babadjanov, 2020) . The aim
of this report is to highlight all the essentials that is PESTEL analysis , proper action plan
suggested from porter's generic plan and development analysis. This report also evaluates the
Ansoff model with source founds facilitated in business expansion.
TASK
P1 Explain the growth options for the business with Justification.
Each and every business needs to develop their market area in respect to earn more profit and
success . And an organic growth can be generated when all the activities and task gone as per
the plan. Before making any plan it is important to analysis external and internal factors of the
organisation , which is discussed through implementing PESTLE analysis.
PESTLE Analysis
 Political factors- It includes all the decision and laws taken by government which makes
impact on the working of the organisation (Gilbar, 2021). Political stability and
information technology services have major connection and there are legal framework
which an organisation have to adopt , if they are engaging in the operations in
information and technology.
 Economic factor – These are the factors and rats such as inflation rate , saving rate,
interest rate and inflation. These rates affects the infrastructure of information and
1

technology industry. There are multiple aspects which depends on the technology and
information in a country such as enhancing business operations in terms of technology,
providing better amenities to the students in their learning process , skill development and
many more.
 Social factor- It states that culture and the environment which is influences in the
working structure of specific organisation. It includes beliefs and attitudes of the
residents where organisation is operating its functions. Accenture is a the company which
deals in information and technology and the demographics and the skill level of the
populations affects the company operations (Helmold, 2021) . With respect to manage
their employees and customers its really important for the company to operates their
function at a place where people are more favourable towards technology.
 Technological factor- In order to develop the operations technology plays very
imperative role in it. And Accenture is the technology based company and are updating
their functioning as per the customer expectations. Recent technology development
affects the Accenture and also its competitors and technological development also
impacts the cost structure of company.
 Legal factors- Having proper legal framework in the company affects the rights and
regulations of the organisations. There are laws and rules which helps the organisation in
protecting their rights such as copyrights, patents, consumer protection and e-commerce,
health and safety laws and many more.
 Environmental factor- Different markets have different rules and regulations which
impacts the working structure of the organisation. Accenture is have to implement
policies that also work in terms of the environment protection. In a present scenario they
have implemented various plans which affects the environment in positive ways.
P2 Evaluate the opportunities for growth applying Ansoff’s growth vector matrix.
There are bundle opportunities that a business can grab in order to enhance the functions of the
organization. The evaluation of the opportunities can be generated through implementing Ansoff
model on the Accenture company.
2