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The executive summary should start with a succinct table showing past 
performance in key areas and future objectives。 This will give readers a 
clear view of the business’s capacity to perform as well as the scale of the 
task ahead (Table 12。1)。 
Table 12。1 Executive summary – history and projections 
Last 
year 
This 
year 
Business area Year 1 Year 2 Year 3 
etc 
Sales turnover by product/service 
1。 
2。 etc 
Total sales 
Gross profit% 
Operating profit % 
Total staff nos 
Sales staff nos 
Capital employed 
Return on capital employed % 
Then the executive summary should continue with sections covering the 
following areas: 
。 what the primary products/services are and why they are be。。er or 
different from what is around now; 
。 which markets/customer groups will most need what you plan to offer 
and why; 
。 how close you are to being ready to sell your product/service and what 
if anything remains to be done; 
。 why your organization has the skills and expertise to execute this 
strategy and if new or additional people are required; who they are or 
how you will recruit them; 
。 financial projections showing in summary the sales; profit; margins and 
cash position over the next three to five years; 
。 how the business will operate; sketching out the key steps; from buying 
in any raw materials through to selling; delivering and ge。。ing paid; 
。 what physical resources – equipment; premises – the plan calls for。
276 The Thirty…Day MBA 
The contents – putting flesh on the bones 
Unlike the executive summary; which is structured to reveal the essence of 
your business proposition; the plan itself should follow a logical sequence 
such as this: 
。 Vision: A vision’s purpose is to stretch the organization’s reach beyond 
its grasp。 Generally; few people concerned with the pany can now 
see how the vision is to be achieved; but all concerned agree that it 
would be great if it could be。 Once your vision bees reality it may 
be time for a new challenge; or perhaps even a new business。 
。 Mission: A mission statement explains concisely what you do; who you 
do it for and why you are be。。er or different from others operating in 
your market。 It should be narrow enough to give focus yet leave enough 
room for growth。 Above all; it should be believable to all concerned。 
。 Objectives: These are the big picture numbers such as market share; 
profit; return on investment that are to be achieved by successfully 
executing the chosen strategy。 
。 Marketing: This section provides information on the product/service 
on offer; customers and the size of the market; petitors; proposed 
pricing; promotion and selling method。 
。 Operations: This area covers any processes such as manufacture; assembly; 
purchasing; stock holding; delivery/fulfilment and website。 
。 Financial projections: Detailed information on sales and cash flow for 
the period of the plan; showing how much money is needed; for what; 
by when and what would be the most appropriate source of those funds: 
long… or short…term borrowings; equity; factoring or leasing finance; for 
example。 
。 Premises: What space and equipment will be needed and how your 
home will acmodate the business while staying within the law。 
。 People: What skills and experience you have on board that will help run 
this business and implement the chosen strategy; what other people 
you will need and where you will find them。 
。 Administrative ma。。ers: Do you have any IP (intellectual property) on 
your product or service; what insurance will you need; what changes if 
any will be needed to the accounting and control and record systems。 
。 Milestone timetable: This should show the key actions you have still to 
take to be ready to achieve major objectives and the date these will be 
pleted。 
。 Appendices: Use these for any bulky information such as market 
studies; petitors’ leaflets; customer endorsements; technical data; 
patents; CVs and the like that you refer to in your business plan。 
All these topics are covered in this book and by using the index and table of 
contents you can find your way to them quickly。
Strategy 277 
Using business planning software 
There are a number of free so。。ware packages that will help you through 
the process of writing a business plan。 The ones listed below include some 
useful resources; spreadsheets and tips that may speed up the process; 
but are not substitutes for finding out the basic facts about your market; 
customers and petitors: 
。 American Express (h。。p://home3。americanexpress/smallbusiness/ 
tool/biz_plan/index。asp): American Express runs something it calls the 
Small Business Exchange Business Plan Workshop。 This workshop will 
help you create a business plan to guide your business through the 
start…up or growth phase; or with a search for capital。 Learning on its 
fictional plan; you will be ready to create one of your own。 
。 BizPlanit (bizplanit/free。html) has free resources; 
including free business plan information; advice; articles; links and 
resources and a free monthly newsle。。er; the ‘Virtual Business Plan’; to 
pinpoint information。 
。 Bplans (bplans); created by Palo Alto So。。ware; offers 
thousands of pages of free sample plans; planning tools and expert 
advice to help you start and run your business。 Its site has 60 free sample 
business plans on it and its so。。ware package; Business Plan Pro; has 
these plans plus a further 140。 The sample business plans are tailored 
for every type of business; from aircra。。 rental to wedding gowns。 
。 Royal Bank of Canada (royalbank/sme/index。html) has a 
wide range of useful help for entrepreneurs as well as its business plan 
writer package and three sample business plans。 
WHAT BUSINESS ARE YOU REALLY IN? 
This is the question posed by Harvard’s Theodore Levi。。 in his quintessential 
Harvard Business Review article ‘Marketing Myopia’; published in 1960。 
In the article he argued that business strength and growth opportunities 
resided in customer relationships and not in products alone。 So start and 
finish any strategic analysis with this question。
Appendix: 
Personal 
development 
and lifetime 
learning 
。 Moving your career forward 
。 Adding to your skills and experience 
。 Knowledge for free 
。 The best Business Schools for post programme management 
development 
。 Taking tests 
Although personal development is not an academic discipline; it is on the 
syllabus at all the top business schools。 There is no mon ground either 
on what its content is; how it is delivered; or how much time is devoted 
to it。 At the London Business School; its Career and Professional Skills 
Development Programme (CPSDP) aims to provide the skills needed to 
apply knowledge gained on the MBA。 It covers an eclectic mix of topics; 
including assertiveness; conflict management; negotiating strategic transactions; 
high…impact presentations; business writing; public speaking; 
interview skills; networking and work/life balance。 Instituto de Empresa 
(IE) Business School; Madrid; offers as its career…boosting proposition 
Appendix 279 
the option of taking a fully bilingual (Spanish–English) MBA programme 
should you wish to; boosting your mand of the world’s second most 
important business language。 China Europe International Business School 
(CEIBS) in Pudong; Shanghai; has a Career Development Centre (CDC) that 
provides a whole range of services to MBAs to help them plan their career。 
Mock interviews; self…assessment tests; career counselling and pany 
visits ensure that 91。5 per cent of graduates have successfully landed a job 
within three months a。。er graduation。 
The lifetime learning proposition is as varied as the personal development 
in terms of content and emphasis。 The proposition; however; is mon to 
all top business schools。 While the MBA programme is considered a good 
foundation for a career in business or indeed any organization; it is just a 
foundation。 That knowledge needs to be built on; enhanced and extended 
over the MBA’s lifetime。 As their career needs change their alma mater 
is there to help。 Columbia Business School offers courses on Turnaround 
Management; Value Investing; and Launching New Ventures。 The Indian 
School of Business; launched in 1997 in association with The Wharton 
School and The Kellogg School of Management (later joined by LBS); 
offers focused courses such as Marketing Fundamentals for Hospitality 
Businesses as well as more general ones such as Strategic Negotiations。 ISB 
also lays claim to successfully encouraging 81 per cent of its students to 
make remarkable career shi。。s; with an Army Colonel heading a real…estate 
venture; an orthopaedic surgeon assuming the role of a COO; and a rocket 
scientist opting to be the production head of a media concern。 
Under the headings below you will find everything you need to keep 
your MBA knowledge up to date; progress your career and enhance your 
earning power。 
LEARNING FOR FREE FROM THE WORLD’S 
TOP BUSINESS SCHOOLS 
There are no subjects either within the core MBA disciplines covered in this 
book or in respect of any conceivable subsidiary elective field; however 
obscure; in which you can’t get a free video or audio lecture; detailed subject 
notes; worked examples or application templates。 These are all made 
available either accidentally or o。。en intentionally; courtesy of generous 
knowledge…sharing endowments provided to top business schools。 The 
resources listed below represent just the tip of a very large iceberg and 
cover only the resources from business schools consistently listed among 
the best in the world。 With a modest investment of time you can unravel 
many more sources using the business school ranking sources listed later 
in this chapter。
280 Appendix 
Berkeley University of California (United States) 
The Haass School of Business (haas。berkeley。edu/haas/video_room) 
links to lectures by star outsiders such as Steve Wozniak; co…founder of 
Apple Inc; speaking about entrepreneurship and his experiences during 
the early days of Apple; Starbucks co…founder Dave Olsen on his successes 
and the importance of ‘Leading from the Heart’; and John Doerr; a partner 
at Kleiner Perkins Caufield & Byers; the venture capital firm that backed 
paq; Intuit; Macromedia; Netscape; Sun Microsystems; Amazon and 
Symantec。 There are also talks from the school’s star professors。 
The university also has a webcast site (h。。p://webcast。berkeley。edu/index。 
php) providing free teaching materials。 
Boston College (United States) 
Boston College Front Row (h。。p://frontrow。bc。edu) is a website that offers 
free access through streaming media to tapes of cultural and scholarly 
events at Boston College。 It is produced by the Office of Marketing munications 
in partnership with the colleges; schools; departments and programmes 
of the university。 Under ‘Browse by category’; select ‘Business 
and management’。 There you will find around 60 lectures; including such 
luminaries as Alan Greenspan discussing the stresses between the increasing 
demand for skilled workers in the United States and the decreasing supply 
of such workers;

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