Business Skills for Proposals and Pitches
Assume you have an idea which is about operating a housekeeping agency in London.
2.How would you pass the learning on to future generations of business executives and IT professionals by conducting a retrospective of IT projects?
LO 1
Understand ways of researching and analysing a market
1.1 conduct market research through the use of appropriate online resources 1
1.2 evaluate current trends in a market 1
1.3 analyse the strengths and weaknesses of a potential product/service 1
LO 2
Be able to apply analytical tools when assessing the feasibility of a business proposal 2.1 analyse the macro-environment through the use of a PESTEL analysis 1
2.2 select a target market for a specific business proposal through the process of market segmentation 1
2.3 analyse the micro-environment for this proposal through the use of the Porter’s Five Forces 1
2.4 select a robust business proposal based on research and analysis 2
LO 3
Be able to participate in formal business meetings 3.1 document a formal business meeting effectively, including pre and post meeting communications 2
3.2 participate effectively in a business meeting 2
3.3 present a business proposal at a meeting 2
3.4 critically evaluate meeting outcomes 3
LO 4
Be able to participate in a group business pitch using verbal and visual methods 4.1 demonstrate effective team working and time management skills in preparation for the pitch 2
4.2 communicate effectively in a formal presentation, both verbally and visually 2
4.3 use language of persuasion effectively 2
4.4 evaluate the success of the pitch in meeting the business objectives 3