RE.3 Review the business model and roadmap

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OVERVIEW

The aim of this activity is to review the business model and roadmap then make any necessary changes based on what you have learnt during the first project for eco-innovation.

INPUT

• Results of the first project for eco-innovation.

• Short report describing the outputs of the Project Review template from the activity RE.1 Do a project review workshop.

• Five actions that could be implemented to improve the performance of future projects from the activity RE.2 Do a personal review.

OUTPUT

A proposal for changes to the business model and roadmap or confirmation that no changes are required used in the activity RE.4 Present the review conclusions and agree next steps with the CEO.

TEMPLATE

HOW TO GO ABOUT IT

1. 

Look again at there commendations from the Project Review template and consider if there are any implications for the business model or roadmap? For example, is there a need for additional train- ing on topics like life cycle thinking before proceeding with the next project? Was the lack of engagement from suppliers highlighted as a problem, and if so, what could be done to address this?

2. 

Review the business model and try to evaluate:

  • Is there any new information of evidence that strengthens or weakens your confidence in the validity of the business model? In particular, what has been the response of competitors? How are they adapting, and are new competitive threats emerging? If you have serious concerns about the validity of the business model then your recommendation to the company should be to revisit the SET BUSINESS MODEL phase in order to address the issues.
  • What progress was made during the last project on the sustainability hotspots identified during the In-Depth Assessment?
  • Were any new performance gaps identified over the course of the project? If so, try to generate new project ideas to overcome those gaps and add them to the roadmap.

3. 

Review the roadmap and decide:

  • Is there any new information of evidence that strengthens or weakens the case for completing any of the roadmap items? Remove any items that are no longer important or relevant.
  •  Are there any new ideas that should be added to the roadmap? Where should they fit in?
  • Is the order of the roadmap items still valid? If not, how should it change?
  • Which idea, or combination of ideas on the roadmap, would make a logical next project for the company?

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