Entrepreneurship Development Report: Business Plan and Analysis

This report provides a comprehensive analysis of Deco Recycle's entrepreneurship development. It begins with an introduction to the concept of entrepreneurship and its importance in the economy, focusing on Deco Recycle, a company specializing in personalized products made from recycled materials. The report delves into the company's business objectives, including increasing sales, collaborating with kindergartens, and promoting environmental sustainability. It then explores the value creation process using the Customer Value Proposition Canvas, detailing how Deco Recycle aims to meet customer needs. The value capture strategy is examined through the 'Lean' Business Model Canvas, highlighting how the company plans to generate revenue and manage costs. A significant portion of the report is dedicated to the development plan, including the COO operational plan, which outlines strategies for daily operations, leadership, and management. The report also includes a critical evaluation of the plan, considering potential future developments, competitor moves, and changes in customer needs. Finally, the report concludes by summarizing the key findings and providing a list of references.

Entrepreneurship
development

Table of Contents
INTRODUCTION...........................................................................................................................4
MAIN BODY...................................................................................................................................4
Business Objectives.................................................................................................................4
Value Creation: Customer Value Proposition Canvas.......................................................5
Value Capture: ‘Lean’ Business Model Canvas...................................................................6
Development Plan.....................................................................................................................7
The COO operational Plan......................................................................................................8
Critical evaluation of the plan and any possible future developments, competitor
moves, changes in customer needs....................................................................................10
CONCLUSION.............................................................................................................................11
Books and Journal..................................................................................................................12

INTRODUCTION
This report is going to study about the Entrepreneurship development.
Entrepreneurship development is the concept of developing the skills knowledge in
entrepreneurs by several coaching’s and programs or by giving training. This is the
process which support new organization to get better in order to achieve their goals and
objectives in also enhance their business in the Nation's of economy. This report is
going to study about the company which is deco recycle. This is the company which is
planning to develop personalized things which are out of the recycle (Lindh and
Thorgren, 2016). There are several recycling organization which are already in the
market but there is still room for improvement. Because of the pandemic of covid-19 the
individuals understood how important and essential is to protect and save our
environment so this report is going to discuss about the several aspects which are
required for the business to understand. This report is going to study about the business
objectives like their profit sales revenues and their profit margin objective and also
about their value creation Canvas diagram. Also this report is going to study about the
value capture and lean business model Canvas and about the several development
plans in which they conduct CMO marketing plan, COO operational plan, CTO
Technical solution and information technology plan CHRO human resources and
Organization plan and CFO financial plan.
MAIN BODY
Business Objectives
 Deco recycle organization wants to increase their sales by 20% for the first three
years of operation.
 Their aim is to co-operate with Kindergarten so that they can use their furniture.
 Their aim is to reuse the things which individuals do not need anymore and these
things support the environment.
 Also, they want to do some workshops for the children’s in order to represent
them about the recycle and reuse things.
These are the objectives of the decorate cycle in order to increase their sales in
revenue profit margin in order to get more opportunities and increase their
productivity and efficiency in the market place. I want to create more hygienic and
recycle products so that they can protect the environment and make the
environment clean and safe (Ndala and Pelser, 2020). These objective and aims
help the organization to increase their popularity in the Marketplace so that they can
grab more customer base and trade their recycle products in the market. They also
want to support shop to kill people in order to increase their profitability and
productivity in the market. These things are the lean opportunity for the company in

order to increase their reputation and image in the Marketplace. They are performing
and their planning various factors strategies in order to help in support small
business and local shops in order to increase their profitability and efficiency in the
market place.
Value Creation: Customer Value Proposition Canvas
Value proposition Canvas is a model that supports the organization to make sure
about the product or services which is positioned around the customer values and
requirements. The value proposition Canvas was developed by the Dr Alexander
Osterwalder as a structure in order to assure that there is a appropriate and the fit
among the product in the market. In other terms value proposition Canvas is a model
which advert to the values of a organization which promises to deliver to the consumers
that select in order to purchase their goods ( Pearce, Grafman, Colledge and Legg,
2019). This Canvas model can be represented as a marketing statement which
organization is apply to summaries why a customer should purchase their product or
services. The company Deco recycle is using this Canvas model in order to identify the
requirements and Desire of the consumers about the products and services which are
offering by them. The organization is using value proposition Canvas in order to identify
the customer understanding. It makes the company more consumers centric. Also it
urges the company to analyze the circumstances from the consumer’s point of view.
Also it brings the attention of the organization on the right questions that help them to
understand the customer needs and requirements. It also helps the organization to
focus on product development and product direction (Akanmu, 2018). The organization
is going to providing services in context of decoration to wall types of Ages that is
starting from 12 years to the age of 60 years in context of the theme which are required
by the clients. According to them the services which are provided by the organization
are around the surroundings area of the place or location of the organization. The major
motivation of the organization is to recycle the objects and caters them with the look that
look more innovative and effective in the market. It is very difficult for the decor recycle
organization to start up their business. So it helps the organization to measure the
urgency of the new characteristics and improvements of the product. As it is very
required for the organization to assure about the right benchmark so that they can make
improvement about the new characteristics. After analyzing the value proposition it
makes easier for the organization to move the products in the right direction. It also help
the organization to to go through the exercise for every customer segment in order to
identify the customer profile. In which the company get to know about the requirements
of the customer means what the things which are trying to get done are. And also help
the organization to identify the negative experience risk and undesired cost which are
linked with getting that requirements of the consumers. It is very required for the
organization to start with the consumers (Sima, Gheorghe and Mitu, 2017). This helps
them in ensure the organization to focus on the requirements and Desire of the

consumers. This is very important thing to understand the requirements of the
customer. It is very required for the organization to start with the consumers (Harper-
Anderson and Gooden, 2016). This help them in ensure the organization to focus on the
requirements and Desire of the consumers. This is very important thing to understand
the requirements of the customer.
Value Capture: ‘Lean’ Business Model Canvas
The business model Canvas is a value which provides a unique and rare combination of
the goods and services and also caters value to the consumers by resulting in the
resolving a solution of a problem pictures missing by the consumers and provide the
value to the consumers full stop it is very helpful for the Deco recycle Organization in
order to identify and understand the issues of the consumers and solve them and get
more opportunities. They create more valuable things out of recycle in order to fulfill the
requirements of the consumers and their preferences. They also personalize their
product so that the consumers can feel more valuable and special. In order to get more
opportunities and consumers they promote their work towards the children in the
schools or Institute and inertia in order to learn about them how to do same things at
their house so that they can make environment healthier and use the things creatively
( Abid Bashir and Akhtar, 2016). There is a huge difference among the lean Canvas
model and business model Canvas in which the lean Canvas model is utilized in order
to validate the ideas and the concept of the organization. Where is the business model
Canvas or trying for catering a complete model of a business that can be more helpful
and used for analyzing and testing in lean startup. The lean Canvas model is more

concentrating on being a one page summary with easy and simple business model.
According to the womack and Jones, there are a few lean principles which going to
support the organization in order to to overcome the problems and increase their
efficiency in the Marketplace. These principal are value, value stream, flow, pull and
perfection. These are the keep five lean principles which help the organization. This
business structure permit the organization to plan their cost and revenue streams and
analyze their activities and also map their activities and their profile consumers in order
to get more opportunities and do modifications accordingly. There are few steps that
help the organization to prepare a lean Canvas business model. The steps which are
considered by the organization in order to prepare a lean Canvas business model is
firstly they open lean Canvas template in order to fill the problems of the consumers.
Then they formulate their unique and rare value proposition in order to find most
effective solution. Then they are required to think about the promotion channels and
then formulate and plan their revenue streams and cause structure in order to identify
about their profit margins and their financial stability. Then they are required to write
down their key metrics in order to make the proper and appropriate format so that they
can find every data in a very appropriate manner. These are the steps that help the
Deco recycle organization to provide unique combination of goods and services in order
to meet with the needs and desired of the consumers.
Development Plan
Development plan is a procedure that helps the organization to make their Strategies
and plants in order to accomplish their goals and objectives which are developed by the
company or any individual (Parker, 2018). Development planning is the one of the
activities of Management which allowed the individuals to develop and enhance their

Strategies and action plans in order to reach with their goals and objectives. There are
mainly three kinds of planning that include operational planning tactical planning and
strategic planning. So, there is a so operational planning are discussed in order to
identify the strategies while operating in organization and making or delivering the
services or orders in the organization.
The COO operational Plan
In my career I was able to pick any skills which help me to become effective leader. As
now I am appointed as a chief operating officer of Bakery cycle organization. So I have
to serve several things and strategies towards the organization in order to identify the
complex problems and implement solution and driving the change ( Leonidou, Christofi
and Thrassou, 2018). So as a chief operating officer of the decorate cycle organization I
begin with standing my free time in order to identify and understand the operations and
activities of chief operating officer. I have begin with several activities that help me to
build effective relationship in every department. After that is very required for the chief

operating officer to identify their goals and objectives in order to accomplish them and
develop a support them so that they can identify the problems and resolve them in a
very effective manner.The COO is the chief operating officer in the organization which is
a senior executive that it overseeing the daily operational activities of the organization.
This so that is Chief operating officer directly reports to the chief executive officer which
is COO of the organization and it is considered to be the 2nd chain of the command.
The COO of Deco recycle organization caters leadership and management skills that
help the organization to accomplish their goals and objectives. They also mirror the
mission and the core values of the organization. The COO of the organization is
responsible for the evaluation and effectiveness of each process of the organization that
can be external procedure or that can be internal procedure. The COO of the DECO
company make several strategies in order to grow and develop themselves in the
market place and enhance their productivity (Lerner and Schoar, 2019). They are
collaborating with the management team in order to enhance and implement the
Strategies and plans for the operational infrastructure of the system and framework.
They also inspired and motivated and also lead extreme amended performance
management team in order to recruit attracts and retain effective employees by
providing training and development session. They also focusing on the effectiveness of
the employees and their communication in order to implement the Strategies and
collaborating with the teams towards their Rapid growth and development. They also
focus on their time in order to accomplish the goals and objectives which are decided by
them in a particular time period. The sea is a strategic leader is always concentrating on
their time period so that system of the leadership for the management can be sure that
they are conducting most amended and effective approach in order to develop effective
quality and efficiency in order to provide best services (Sharma, 2016). In deco recycle
organization they are trying to identify the key issues in order to to enhance the
organization. Meeting with the individuals at every stage and asking appropriate and
relevant questions will going to support them to identify and analyze the issues which
are facing by them. They are continuously communicating with the individuals at several
levels of the company so that they can gain insight into decision making procedure. It
can be much supporting and helpful to categories the information of the data in order to
understand the issues in resolve them in a very appropriate manner to stop service is a
very effective method which help the individuals and help them to get the correct
information and enable them to evaluate key challenges which are facing by them. COO
of the Deco recycle company are very effective individuals. They are doing their best in
order to identify the worst in the best performer and the most cultural supported in the
organization for this will very mandatory for the organization and for them to follow their
guts and evaluating the talent management in the organization. It will help them to get
more opportunities and retain most talented employees in the organization. They are
giving best sources to the best employees in order to maximize their impact in make
sure their voices are heard. With the powerful and solid talent base they are focusing on

training and development session in order to train them more and get more
opportunities. As a effective leader of the Deco recycle organization they are focusing
on effective leadership strategies in order to grow the business and get more
opportunities. And these strategies are mentioned below:
Internal strategic planner: With the path an objective which is said by the COO of the
organization then it's become responsibility for the Co2 implement initiatives which are
required in order to accomplish the goals and objectives. So according to the COO of
chosen organization are implementing most effective strategies like meeting marketing
goals and analyse short in financial situation so that they can make internal strategies
accordingly and maintained everyday internal operations in a very effective manner.
Internal leader: As the COO of the chosen company they have to face several
challenges and difficulties of the outside world full stop they are the face of the internal
leadership and internal operations (Greblikaite, 2016). They are carrying out several
plants across a several varieties of activities and make them as your that they flow
together and implementing a in a very effective manner. They are much responsible for
the internal implementation of the objectives and vision.
Decision maker: As the COO caries so much responsibility in order to report to the
board of directors regarding every aspects and every activities which are conducting in
the organization in order to take decision for every areas of the organization. They have
several responsibility and they are described as the routine of daily communicator which
help the organization to the understanding about the each in every department activities
on a daily basis.
Critical evaluation of the plan and any possible future developments, competitor moves,
changes in customer needs
As the business planning is much important precursor in order to take actions and new
venture. By supporting Organization in order to take decision and in order to balance
resources supply and demand business planning help the organization to overcome the
venture disbanding and help them to get more success in the Marketplace. They are
required to follow more strategies in concept in order to identify the external and internal
impact of the organization so that they can get more development and more success in
the future. They are also required to focusing on the customer requirements and their
needs which help them to get more opportunities in the organization and improve their
productivity and profitability (Markina, HNIEDKOV and SOMYCH, 2017). They are also
required to follow some appreciation programs in order to motivate their employees so
that they can feel more motivated and valuable in the organization and help the
organization to get more positive outcomes in the company. This very required for the
organization to binding the documents in order to ensure that every employees and

readers can easily go through it without facing any difficulties. They have to understand
the significance of the quantitative values in order to identify the best core values in the
organization. They are also required to address the dual requirements for flexibility and
for planning. I have to Established the goals and vision for the organization in order to
accomplish them in then they have to develop the strategies so that they can overcome
the key issues and accomplish their goals and objectives.
CONCLUSION
From the above mentioned report it has been analysed that value creating lean plan is
very important for the organization because it helps the company to get more
opportunities and identify the customer profile and the requirement. This is very
profitable and competition beating model because it helps the organization to get more
opportunities in order to start up their business. This strategies and concept helps the
company to identify the different possibilities about the location about the customer
requirements and about their financial stability so that they can analyze these values
and these requirements accordingly and start their business. The investor should invest
in the organization because they are developing new thoughts and new things which
are very helpful for the environment and for the individuals. The recycling of the
products help the environment and also make the environment much healthy as so it is
the opportunity for the investor to invest in the effective things which is more profitable
for the environment and for the individual.

REFRENCES
Books and Journal
Lindh, I. and Thorgren, S., 2016. Entrepreneurship education: the role of local
business. Entrepreneurship & Regional Development, 28(5-6), pp.313-336.
Pearce, J., Grafman, L., Colledge, T. and Legg, R., 2019. Leveraging information
technology, social entrepreneurship, and global collaboration for just
sustainable development.
Abid Bashir, H. and Akhtar, A., 2016. The role of innovative entrepreneurship in
economic development: A study of G20 countries. Management Studies and
Economic Systems, 3(2), pp.91-100.
Parker, S.C., 2018. The economics of entrepreneurship. Cambridge University Press.
Lerner, J. and Schoar, A. eds., 2019. International differences in entrepreneurship.
University of Chicago Press.
Greblikaite, J., 2016. Development of Entrepreneurship in Lithuania: Becoming Social
Entrepreneurs.
Markina, I., HNIEDKOV, A. and SOMYCH, M., 2017. The development of the shadow
entrepreneurship in Ukraine.
Akanmu, P.M., 2018. The Impact of Entrepreneurship practice on Poverty Reduction in
Nigeria: Evidence from Osun state. International Journal of Advance
Research and Innovative Ideas in Education, 4(3), pp.762-767.
Sima, V., Gheorghe, I.G. and Mitu, A., 2017. The feminine entrepreneurship in Romania
and new ways for its development. North Economic Review, 1(1), pp.156-
166.
Harper-Anderson, E.L. and Gooden, S.T., 2016. Integrating entrepreneurship services
into local workforce development systems: Who is doing it and how. Journal
of Poverty, 20(3), pp.237-260.
Ndala, N.N. and Pelser, T., 2020. Exploring the Entrepreneurship policy-making and
outcomes undertaken by public institutions involved in Entrepreneurship
Development in Malawi. Journal of Contemporary Management, 17(se1),
pp.1-21.
Leonidou, E., Christofi, M., and Thrassou, A., 2018. An integrative framework of
stakeholder engagement for innovation management and entrepreneurship
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Sharma, S., 2016. Entrepreneurship Development. PHI Learning Pvt. Ltd..