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Research Skills

Research Skills. Where to find information…. What topics this presentation covers:. Strategic Planning Developing a Business Plan Developing a Marketing Plan Risk Management Corporate Sponsorship PESTLE Analysis SWOT Analysis Industry Analysis - where to find reports.

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Research Skills

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  1. Research Skills Where to find information…

  2. What topics this presentation covers: • Strategic Planning • Developing a Business Plan • Developing a Marketing Plan • Risk Management • Corporate Sponsorship • PESTLE Analysis • SWOT Analysis • Industry Analysis - where to find reports

  3. Strategic PlanNING • Strategic planning is an essential process for every business. • A Strategic Plan sets the direction for the business over an extended time (e.g. 3-5 years or longer). • It defines the goals for the business, what the business will do and how it will do it. http://www.smallbiz.nsw.gov.au/run/strategy/strategy/Pages/default.aspx

  4. http://www.buzzle.com/articles/288379.html

  5. A BUSINESS Plan • A Business Plan is a one-to-two year subset of the Strategic Plan - it describes in greater detail how the business will progress its strategy. • It outlines the business, its objectives, strategies, target market and financial forecasts.

  6. Business Plan Template http://www.smallbusiness.wa.gov.au/business-plan/

  7. Business Plan Template http://www.business.gov.au/Information/business-plan-template-and-guide/Pages/default.aspx

  8. A Marketing plan • A Marketing Plan is a component of a Business Plan. • It outlines your marketing strategies to attract new clients and keep existing ones. • It involves an in-depth industry analysis.

  9. http://www.smallbusiness.wa.gov.au/marketing-plan/

  10. http://www.business.qld.gov.au/business/running/marketing/write-implement-marketing-planhttp://www.business.qld.gov.au/business/running/marketing/write-implement-marketing-plan

  11. A RISK Management plan • “The process of identifying risks, assessing risks and developing strategies to manage risks is known as risk management.” • By understanding potential risks and finding ways to minimise their impacts, helps a business to recover quickly if an incident occurs. • A Risk Management Plan (Emergency Management & Recovery Plan) should detail a strategy for dealing with risks e.g. floods, fires, earthquakes, etc. http://www.business.qld.gov.au/business/running/risk-management/risk-management-plan-business-impact-analysis

  12. http://www.business.qld.gov.au/business/running/risk-management/risk-management-plan-business-impact-analysishttp://www.business.qld.gov.au/business/running/risk-management/risk-management-plan-business-impact-analysis

  13. http://www.business.gov.au/BusinessTopics/emergencymanagementandrecovery/pages/default.aspxhttp://www.business.gov.au/BusinessTopics/emergencymanagementandrecovery/pages/default.aspx

  14. sponsorship • Sponsorship is defined as an investment which yields a commercial return for the sponsor. • A sponsorship strategy is a document that outlines the target markets, objectives for sponsorships and specific strategies to achieve these goals. • This document is closely linked to the marketing strategy.

  15. http://www.powersponsorship.com/

  16. http://www.sponsorshiphq.com/templates/shq/page/page_standard.php?secID=73http://www.sponsorshiphq.com/templates/shq/page/page_standard.php?secID=73

  17. pestle analysis A tool by which the business environment is evaluated to determine the suitability of the current environment prior to starting a new business. It is an environmental scan which considers the following factors: • Political: e.g. government policies • Economic: e.g. home/overseas economy situation & trends • Social: e.g. lifestyle trends • Technological: e.g. technological advances • Legal: e.g. current/future legislation • Environmental: e.g. environmental legislation http://pne-development.org/store/1335358241.158LID0.pdf

  18. PESTLE = Political, Economic, Social, Technological, Legal, Environmental Factors (in Australia)

  19. Search Results

  20. Full Text of Report Overview Available

  21. Citation Information Available in APA

  22. swot analysis • A SWOT analysis is used to identify the internal and external factors which will affect a business in both a positive and negative way. • Internal factors are strengths and weaknesses and external factors are opportunities or threats. • It can be used to help assess a proposed new purchase of a business.

  23. http://www.business.qld.gov.au/business/starting/market-customer-research/swot-analysis/example-swot-analysishttp://www.business.qld.gov.au/business/starting/market-customer-research/swot-analysis/example-swot-analysis

  24. Search Ebscohost for SWOT Analysis Reports

  25. Finding Industry Information -ABS

  26. ABS: www.abs.gov.au

  27. ABS > Services

  28. ABS > Services > Small Business

  29. Useful Documents…

  30. Measures of Australia’s Progress 2013

  31. 2012 Year Book Australia

  32. ABS: www.abs.gov.au

  33. Topics @ a Glance: Economy / Industry

  34. Western Australia at a Glance

  35. Market research companies - reports

  36. Nielsen Australia: Market Research Company -News & Reports- http://au.acnielsen.com/site/index.shtml

  37. IBISWorld: Market Research Company www.ibisworld.com.au/industry/home.aspx

  38. government Reports

  39. Australian Trade Commission: Austrade http://www.austrade.gov.au/Invest/Reports-Resources

  40. 2013 Benchmark Report This report from the Australian Trade Commission provides a comprehensive overview of  Australia's performance across a wide range of economic and social indicators.

  41. Finally, Library Books on Business Plans - for background information Call Number: 658.4012

  42. For further assistance: Contact me via email:nancy.stokes@central.wa.edu.au

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