シラバス Syllabus

授業名 Business Plan
Course Title Business Plan
担当教員 Instructor Name Nigel Konrad Denscombe
コード Couse Code GLP254_G21N
授業形態 Class Type 講義 Regular course
授業形式 Class Format Live Virtual
単位 Credits 2
言語 Language EN
科目区分 Course Category 基礎科目100系 / Basic
学位 Degree MSc in Management
開講情報 Terms / Location 2021 GSM Nagoya Fall

授業の概要 Course Overview

Misson Statementとの関係性 / Connection to our Mission Statement

Business Plan -

“NUCB Business School’s mission is to educate innovative and ethical leaders who possess a ‘Frontier Spirit’ and to create knowledge that advances business and society. Our students will have the ability to bridge the gap between New Asia and the rest of the world.” Given this context, Business Plan will enable participants to put planning for business start-ups into play through an active learning environment that will promote leadership traits focused on innovating new business models and new value propositions that add value in socially, environmentally and ethically responsible ways by cultivating NUCB's core learning idea about having a "frontier spirit".

授業の目的(意義) / Importance of this course

Business Plan will enable participants to understand how to put together and recommend a well thought out “ business plan” for any business situation (big or small) and for profit-focused and socially-orioented business models – whether it be for an overall existing business enterprise or focused business unit issue or new market entry or start-up or whatever – that not only fits the future expectations but also logically analyzes the current situation and explores all viable options to come up with a decision on what business plan best fits the analysis and stakeholder needs.

Course learning –
Participants will learn the essential ideas about why and how a business should come into existence and how it can continue into sustainability by being built on a well reasoned and analyzed business plan (“blueprint for success”). The course is loosely structured around the premise of answering the following simple but fundamental strategic questions:
1. Defining opportunities/problems: Situation Analysis
2. Defining what to achieve: Goals and Objectives
3. Defining how to proceed: Business Model/Strategy Setting
4. Defining what tradeoffs to make: What to give up, what to keep

To craft a well reasoned business plan that has potential to positively impact all stakeholders in the value chain, Business Plan will introduce various business planning and analysis frameworks and management tools, and will give participants the understanding of not only how to put together an effective business plan, but how to meet value expectations and sustainability issues of all stakeholders.

Ongoing business plan group project – One core learning component is the ongoing business plan group project, where groups will work together on the evenings of Days 1-3 to build up a simple business plan for a new business idea – these real world business plans will be discussed in the class as the learning topic for final session 8 in Day 4 (no case study).

到達目標 / Achievement Goal


Business Plan will give participants understandings about how to create profit-oriented and/or socially-oriented new business model, as well as hybrid business models that focus on both profits and sustainability issues for all stakeholders in the value chain.

本授業の該当ラーニングゴール Learning Goals

*本学の教育ミッションを具現化する形で設定されています。

LG1 Critical Thinking
LG2 Diversity Awareness
LG3 Ethical Decision Making
LG4 Effective Communication
LG6 Innovative Leadership (MBA)
LG7 Global Perspective (GLP)

受講後得られる具体的スキルや知識 Learning Outcomes


By the end of the course you will be able to understand how to put together and recommend a well thought out “ business plan” for any business situation (big or small) – whether it be for an overall existing business enterprise or focused business unit issue or new market entry or start-up or whatever – that not only fits the future expectations but also logically analyzes the current situation and explores all viable options to come up with a decision on what business plan best fits the analysis and stakeholder needs.

This means that after the course, for both profit and socially-motivated business models, you will be able to identify, evaluate, and analyze these new business opportunities, the factors critical to their success, and how challenges can be overcome. You will be able to understand how to shape entrepreneurial opportunities and assess financial feasibility, and understand what living an entrepreneurial experience means – including constructing business models, assessing feasibility, building business plans, launching a new venture. Especially, you will have a clear understanding of the critical importance of the value proposition as a both a competitive tool and the way to new success with ventures.

SDGsとの関連性 Relevance to Sustainable Development Goals

Goal 4 質の高い教育をみんなに(Quality Education)

教育手法 Teaching Method

教育手法 Teaching Method % of Course Time
インプット型 Traditional 20 %
参加者中心型 Participant-Centered Learning ケースメソッド Case Method 80 %
フィールドメソッド Field Method 0 %
合計 Total 100 %

事前学修と事後学修の内容、レポート、課題に対するフィードバック方法 Pre- and Post-Course Learning, Report, Feedback methods

How to proceed –
This course will be comprised of four parts
Interactive lecture: The lecturer will give you some basic examples
Class case discussions: This will be the main part of this course.
Group discussions: the class will be divided into groups to discuss topics designated by the lecturer, including why a company’s business plan is good/bad. The group may discuss the results in front of the class and take questions.
Building new business plan outside the class in discussion groups in evenings (Tue-Thu)*
*If the course is online, this evening schedule might change

Seven sessions focused on business plan case discussions –
1. Focuses on practical strategic ideas, not so much technical perspective
2. Minimum lecture and spend most time on class discussion of the cases
3. Each session spend lot of time on one case study to analyze and discuss
4. Each case will consider the whole but also focus on specific learning topics
Final/eighth session is focused on discussing business plans developed outside the class

Important thing in case discussions is there are no right/wrong answers, but only the processes to find answers. So there is no perfect answer, but a perfect process, which outputs a “perfect answer for that process”. Think about case assignments carefully, and be prepared to present ideas in class to get feedback from others.

But the business plan case discussions are a bit different to regular case studies, because what we will be doing basically is to review why they were good or not so good from three key perspectives: (1) The quality of the new business idea, (2) the quality of the business model (including the value proposition), and (3) the quality of the actual business plan. So, the case discussions here will be much more practically “real world” oriented and not so much “conceptual” like some others courses might be.

Cases –
Please read each case thoroughly. You may have to read at least three times, and you will need to spend at least three hours per case. In this intensive course over 4 days, you will have limited time in evenings and should prepare a lot before course begins. 

List of cases -
「Collabrys, Inc. – The evolution of a startup 」
「Starbucks Coffee Corporation – The Early Years」
「Take the Money or run?」
「Zipcar: Refining the business model」
「Business Plan for Room for Dessert」
「Extend Fertility」
「Revolut 2020: a Revolution-ion?」
「Sanergy: Tackling sanitation in Kenya's slums」
「Yuka 2021 - App to raise awareness about consumption」

How to study –
All participants will prepare for discussion with regards to each case questions. Participants will present prepared answers as a comment or a presentation.

Written output required –
1. Pre-course written "getting started with business planning" report BP1 *Individual output
2. New Business plan (developed outside the class) due for discussion in session 8 *Group output
3. Final written "course learning" report assignment due shortly after course finishes BP2 *Individual output

授業スケジュール Course Schedule

第1日(Day1)

November 2: Tuesday

[Session 1, Day 1]
THEME: Business Plan Basics
ARTICLE: How to Write a Great Business Plan
OUTLINE: This first session is intended to establish core criteria of what is a business plan as well as the key criteria of how to successfully build up a new business model through the entrepreneurial management process.

[Session 2A, Day 1]
THEME: Business Plan Basics
ARTICLE: Updating a classic: How to Write a Great Business Plan
OUTLINE: This second session is intended to re-enforce core criteria of what is a business plan as well as the key criteria of how to successfully build up and implement a new business model through entrepreneurial management. Especially, a core course concept of “People/Opportunity/Context/Deal” as a business plan evaluation tool from the article “How to Write a Great Business Plan” will be introduced.
Session 2A highlights the comparative differences between three inter-related ventures that have different “business plans”, different business models, and different entrepreneurial management style. It is also a great session to understand the evolution of the entrepreneurial leadership of a CEO (Howard Schultz).
Session 2B highlights the importance of having all four elements of the “People/Opportunity/Context/Deal” framework aligned together and integrated. We will look generally at a new business start-up (Petrolink) and quickly try to asses about why if may be a good business start-up (or not). It is a great way to start!


●使用するケース
[Session 1, Day 1]
Case1: Collabrys Inc.: The Evolution of a Startup
Collabrys is a perfect place to start, as it seems that, for whatever reason, this company has not well thought through the business planning process. The CEO of this two-year-old start-up must decide whether to become a technology provider or a service agency. In a time of enormous uncertainty about the viability of various business models for Internet-delivered services and products, this case traces the company from its early days and its original value proposition to a point at which the two very different future strategies appear feasible. Funded by venture capital, the company has changed key personnel, experimented with different business models, developed some sophisticated intellectual property, and raised a second round of funding. In a focused new business start-up, the case the chance to think about this situation logically and critically, and try to understand what the real strategic issues are for all concerned stakeholders, and how to deal with them. The choice of a new strategy is not as clear as the CEO would like you to believe.
The case offers a key window into business startups and business plans, especially from the point of new business ideas, value propositions and structuring new business models, and the critical role of the people in new ventures. The case allows learning various management frameworks including “Where now, where to go, how to get there”, SWOT, vision/mission, stakeholders and strategic decisions.

[Session 2A, Day 1]
Case2A: "Starbucks Coffee, Tea and Spice" from 1971-1987
Case2B: “Il Giornale” from 1986-1987 (Schultz first startup)
Case2C: "Starbucks Coffee Corporation" from 1987-1992 (Schultz/CEO)
The three mini case studies examine the history of Starbucks from its beginning in 1971 in Seattle (Washington State, US) to the early 1990s, when Starbucks is mostly a USA/Canada focused firm. It examines two dramatically different stages in the company's history, as well as the coffee chain that Howard Schultz created (Il Giornale) when he quit Starbucks in 1986.
It explores how different business plans, business models, stakeholder priorities and leadership might make a very different outcome in terms of organizational focus and business success (however that is defined by the stakeholders). It also starts to examine how one entrepreneur helped make a mass market for specialty coffee during a moment of opportunity.
These Day 1 mini cases invite you to analyze the relationship between prioritizing and defining the mission and goals of a new business organization and how entrepreneurial opportunities can be shaped/exploited/implemented.

[Session 2B, Day 1]
Case3: Take the Money or run?
Petrolink is a European new venture start-up which is still in the planning stages, and still seeking funding to start the business. Petrolink's start-up business plan looks like a winner. At present, the only available pipeline for operators in the Baltic Sea's newly developed Helmark gas field is owned and operated by the Russian state controlled oil and gas company, Gazprom. Petrolink's founders believe the firm that opens a new pipeline should find ready customers among the field's independent producers. The Petrolink team has been talking with two potential VC investors in London and Poland. One of the start-up's main objectives has been to ensure that no one investor has too much control, but there's been a breach of trust by the Polish VC. Should they take the Polish VC firm's money or go elsewhere? Here we will mostly focus on the “merits” of this new start-up, not contract/legal issues.

第2日(Day2)

November 3: Wednesday

[Session 3, Day 2]
THEME: Business model refinements and new value propositions
ARTICLE: Note on Business Model Analysis for the Entrepreneur (HBS)
OUTLINE:
Special attention will be paid to using the “People, Opportunity, Context, Deal” framework from the “How to Write a great Business Plan” article, using the case study as a point of analysis/reference. After this class, students will have a much idea of what to include in a business plan as well as what is important in a business plan.

[Session 4, Day 2]
THEME: Comparing – Business idea vs. business model vs.business plan
ARTICLE: Updating a Classic: Write a Great Business Plan
OUTLINE:
The case in Session 4 is an actual business plan, not like a "typical" case study, and a key learning point from the case will be to assess the match between the people and opportunity and the likelihood of the success of the venture. Again, especially, the case allows students to evaluate the quality of the business idea, the quality of the business model built around that idea, and the quality of the business plan built around that business model. Special attention will be paid to using the “People, Opportunity, Context, Deal” framework from the “How to Write a great Business Plan” article. After this class, students will have a much idea of what to include in a “real” business plan as well as (again) what is important in a business plan.

●使用するケース
[Session 3, Day 2]
Case4: Zipcar – Refining the business model
Zipcar is a Boston-based (Massachusetts, US) start-up organized around the idea of "sharing" car usage via a membership organization. This case describes several iterations of the Zipcar business model and financial plan. These iterations include a very early version and a version developed just prior to the launch of the business, as well as data from the first few months of operations.
Students can learn how to analyze the underlying economics and business model for the venture and to discover how these assumptions are holding up as the business is actually rolled out.
Especially, the case allows students to evaluate the quality of the business idea, the quality of the business model built around that idea, and the quality of the business plan built around that business model by the entrepreneurial team.
A key learning will be the in-class comparison assessment (and likely success or not) of Zipcar as a new venture (and its business plan) and earlier cases on Collabrys and Starbucks.

[Session 4, Day 2]
Case5: Business Plan for "Room for Dessert"
This case summarizes the business plan for a concept restaurant focused on late evening dessert service as well as its subsequent rollout plan. Some things to think about before you begin: This "case" is being used to give you a real understanding of what a "business plan" actually is, as the case study actually is not a case like you normally see, but it is a "real" business plan that was submitted in the annual business plan contest at Harvard Business School. Business Plan in this context means a document developed as an early articulation of the idea for a "yet-to-be-formed" business, the primary audience being potential investors, as well as other types of partners like key employees, suppliers, service providers, etc. This is a great chance too analyze all the pieces of a business plan and evaluate if it is a good plan and why?

第3日(Day3)

November 4: Thursday

[Session 5, Day 3]
[Session 6, Day 3]
THEME: What makes a great business plan?
ARTICLE: Why business models matter *Session 5
ARTICLE: A Business Plan? Or a journey to Plan B? *Session 6
OUTLINE:
The cases in Session 5 and Session 6 both focus on the search for opportunity, the generation and evaluation of business concepts, creation of a business plan, and the start-up process. After this case, students will have a better idea about how to explore and evaluate entrepreneurial ideas and examine ways of putting them in action. Students will also be able to develop skills related to crafting a business plan and presenting the ideas persuasively. A key learning point from the case will be to assess the likelihood of the success of the venture. Again, the case allows students to evaluate the quality of the business idea, the business model built around that idea, and the business plan built around that business model. Special attention will be paid to using the “People, Opportunity, Context, Deal” framework from “How to Write a great Business Plan” article.

●使用するケース
[Session 5, Day 3]
Case6: Extend Fertility
OUTLINE: This case focuses on the search for opportunity, the generation and evaluation of business concepts, creation of a business plan, and the start-up process. It follows the experienced entrepreneur Christy Jones as she combines her business skills and personal experience to generate new business concepts while an MBA student at HBS. Jones' assessment of the market opportunity for the egg harvesting and cryopreservation business was based on firsthand observations of the needs of young professional women and extensive field and scientific research. The plan, which won the annual HBS MBA business plan contest (For profit track), provides a good example of the form and substance of a well-crafted plan. It provides an opportunity to discuss the underlying social issues that make it attractive for young women to purchase "fertility insurance" while they pursue professional careers.

[Session 6, Day 3]
Case7: Revolut 2020 - A Revolut-ion?
OUTLINE: In 2020, a few days after the launch of its banking application in the United States, Nikolay Storonsky, CEO of Revolut, is forced to think more seriously about the future direction to take in order to secure the future of his new- born company. Indeed, despite having once again successfully raised $500 million early 2020, thus becoming the most valuable fintech company in the UK, profits are struggling to come in while year-over-year, net loss is only increasing. In the case discussions, we will go back and look at the start of Revolut’s life in 2015, and why the business model chosen was disruptive in this space. We will also take a look at the business plan implemented and whether it was the right way to proceed forward in this situation.

第4日(Day4)

November 5: Friday

[Session 7A and 7B, Day 4]
THEME: Disruptive business models and shaping new opportunities for growth
CASE:
OUTLINE: The Session 7 cases study allows students to review the beginning of a new business start-up, especially thinking about the quality of the business idea, the quality of the business model built around that idea, and the quality of the business plan built around that business model. Special attention will be paid to using the “People, Opportunity, Context, Deal” framework from the “How to Write a great Business Plan” article. The session is really about putting everything together, but focuses on an interesting start-up case in Kenya, with both profit and non-profit social tracks, with the profit track supporting the non-profit track

[Session 8, Day 4]
THEME: Business Plan Group Project output discussion
CASE: NONE
OUTLINE: TEAM PROJECT:
Build a business plan “outline” based on your “own” ideas!
Key points –
Using all the things we have learned, especially the things that were good/bad about the business plans we reviewed, you or your team build a simple business plan on any idea you want to chose.
-The plan can be Japan-based, Europe, USA, global, whatever
-The idea can be a new idea or existing idea reverse engineered
-The structure/contents of the business plan decided by teams
-The teams can decide any appropriate plan structure/outline
-The financial numbers can be “simplified” and not too detailed
The plan outputted by the team and then peer/instructor discussion/evaluation


●使用するケース
Session 7A, Day 4]
Case8: Sanergy – Tackling sanitation in Kenya’s slums
OUTLINE:
This case centers on Sanergy, a hybrid organization that has become a high-profile, high- growth social enterprise known initially for its Fresh Life toilets deployed in Nairobi’s Mukuru and Mathare slums in Kenya (Africa). In 2011, Sanergy’s founders launched their social startup out of the MIT $100K business plan challenge prize money and quickly received national attention in the press. The team had begun its operations in Kenya to more rapidly build-out both sides of its business –
1. The “nonprofit” area provides the support services for the toilets operating in difficult conditions to stay clean, safe, and open. This also includes the marketing, branding, training, and community and government relation functions.
2. The “for-profit” focus is on the larger infrastructure needed to be able to have a holistic sanitation system. This includes everything from manufacturing quality toilets to waste management services, like dump trucks and treatment centers, and the conversion of waste into fertilizer, which drives the viability of the business.

[Session 7B, Day 4]
Case9: Yuka 2021 - App to raise awareness about consumption *Time permitting
OUTLINE:
In 2021, five years after the start of Yuka, the application which revolutionizes the food and cosmetic
industry continues to grow. Yuka is a French start-up founded in 2016 to help consumers in their purchasing choices by giving them information about product composition. Thanks to scanning, application users can access easy-to-understand data about ingredients and components. Yuka represents a new type of solution that brings technological solutions to people’s preoccupations. Thanks to data and digital, the start-up wants
to resolve a daily informational concern.
The need to stay independent, the data challenge and the increase in competitors are challenges that Yuka needs to faced, while remaining faithful to its initial commitments to bring a new tool to customers to make a choice. Maybe the start-up will need more funds to transform the little application into a wealthy business. Julie Chapon, Yuka’s co-founder and head of communication, represents in the media the new application and is in charge of its visibility and promotion. Through her voice, this case describes the development of Yuka and approaches new forms of businesses. It raises the dilemma between social and economic goals in
an era where companies are more and more aware of their duty towards society.
This case study will start by studying the history and development of Yuka. It pursues by analyzing the success of the company, their position on this new market and the strategy to growth. Then, it describes how the application influences consumer behaviors and industry standards in the food and cosmetic sectors. Finally, the case study will go deeper into the main challenges and the vision of Yuka for the future through Julie Chapon’s choice.

[Session 8, Day 4]
Case - NONE

第5日(Day5)



第6日(Day6)



第7日(Day7)



成績評価方法 Evaluation Criteria

*成績は下記該当項目を基に決定されます。
*クラス貢献度合計はコールドコールと授業内での挙手発言の合算値です。
講師用内規準拠 Method of Assessment Weights
コールドコール Cold Call 0 %
授業内での挙手発言 Class Contribution 30 %
クラス貢献度合計 Class Contribution Total 30 %
予習レポート Preparation Report 10 %
小テスト Quizzes / Tests 0 %
シミュレーション成績 Simulation 30 %
ケース試験 Case Exam 0 %
最終レポート Final Report 30 %
期末試験 Final Exam 0 %
参加者による相互評価 Peer Assessment 0 %
合計 Total 100 %

評価の留意事項 Notes on Evaluation Criteria

to be updated later

使用ケース一覧 List of Cases

    ケースは使用しません。

教科書 Textbook

  • Osterwalder, Pigneur, Bernarda, Smith「「Value Proposition Design: How to Create Products and Services Customers Want (Strategyzer) *Optional Reference」」John Wiley and Sons(2014)978-1118968055
  • Osterwalder, Pigneur「Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers (Strategyzer) *Optional Reference」」John Wiley and Sons(2010)978-0470876411

参考文献・資料 Additional Readings and Resource

Supporting Business Articles/Notes (HBS/Harvard Business Review)
*Required reading

Session 1: How to Write a Great Business Plan
Session 3: Note on Business Model Analysis for the Entrepreneur
Session 4: Updating a Classic: Write a Great Business Plan
Session 5: Why business models matter
Session 6: A Business Plan? Or a journey to Plan B?

授業調査に対するコメント Comment on Course Evaluation

to be updated later

担当教員のプロフィール About the Instructor 


Prof. NIGEL DENSCOMBE

OVERVIEW

Nigel is a “hybrid” businessperson standing at the intersection of two key roles: global manager/owner and business educator. This is why in 2001 he created a Tokyo/New York firm, Denscombe Corporation (www.denscombe.co.jp), to “bridge” business and education by providing strategic management solutions for repositioning/creating sustainable value propositions for corporate clients and business schools, and also by providing management education solutions for them as well.

On one side, he is a truly globalized Tokyo-based British-American high value added management professional with a successful track record of leading positive industry change and finding new value propositions.
At the same time, he is also an accomplished management educator who has created new business schools/repositioned existing ones and who also has taught a wide range of high valueadded management courses for Asian university business schools and corporate clients. In business education, as a management practitioner in the real world, his mission is to put “ business” back into business school and to
foster the global leadership required to take practical advantage of the great changes going on for sustainable corporate value propositions.

Everything Nigel teaches, he does (or has done) in the real world. This gives him a unique learning value proposition because, with his global management track record and wide business education teaching experience, he offers an unparalleled learning experience for all those participating in his management classes.
Before shifting his focus to Asia, Nigel had extensive management/owner experience in North America and Europe, focused on financial services, new business development, innovating markets and new market entry, and strategic planning - corporate strategy, especially restructuring and new value propositions.

Specialized Fields

Strategic management, business plan/new business startups/entrepreneurship, sustainability, corporate governance and business ethics - plus strategic thinking and negotiations

Academic Background

UCLA, Business and Management of Entertainment Media, Extension Program
Harvard Business School, MBA in General Management
Harvard College, AB

(実務経験 Work experience)


BUSINESS BACKGROUND (Significant Current/Recent)

Denscombe Corporation (http://www.denscombe.co.jp)
President/CEO, Capital Markets, Strategic Management Consulting, Business Education (Tokyo/NY)

CICOM Brains, Inc. *Tokyo
Cofounding team member/former director

Denscombe & Co, Inc. *NY/USA
President/CEO, merchant banking/strategic consulting firm

Bank of America NT & SA
Managing Director/Vice President, (New York, San Francisco, Los Angeles, Mexico City)

Deutsche Bank *NY Branch
Vice President/Assistant Vice President/Assistant Treasurer (New York City, Mexico City, London/UK)

Harvard University, Real Estate Investment
Financial Analyst (Massachusetts/USA)

Avon Corporation *NY/USA
Marketing Specialist – French market-entry team (London/UK, Paris/France)

Avesta Jernverks AB, Steelworker (Avesta/Sweden)


BUSINESS EDUCATOR BACKGROUND (Current/Recent)

Denscombe Corporation (Tokyo/NY)
Strategic Management Solutions: Capital Markets, Strategic Management Consulting, Corporate Education Solutions
*Core Lecturer, business education outsourcing business – Turnkey solutions for business schools and corporate in-house management training

International University of Japan, Graduate School of International Management (Niigata, Japan)
*Specially Invited Professor: Strategic Management, Global Marketing, Corporate Governance, International Management, Competing in Emerging Markets, New Frontier of Capitalism - ASEAN

Business BreakThrough University (Tokyo, Japan)
*Professor: Case-based integrated business skill program in logical/critical/creative thinking, marketing, strategy and business planning

Waseda Graduate School of Commerce, ETP Japan (Tokyo)
*Lecturer: Business Plan, Financial Management, Japan MarketEntry Business Plan Mentor

GLOBIS University, Part-Time MBA Program (Tokyo)
*Lecturer : Marketing Foundations






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