|
Rahatullah, Effat University Professor, Saudi Arabia
|
The Startup Business Strategy Frame
Startup success is greatly attributed to pre-startup phase planning. Startups develop business plans to pitch their ideas to secure funding and or partners.
Perusing (Ed: ~reading) and relating the frameworks in the document could be long and cumbersome process. Similarly, there is no one page illustration that can sketch a startup’s strategy and plan that can be used universally.
Identifying this need of a one page clear, concise and attractive startup strategy model a ‘STARTUP FRAME’ is proposed:

It is constructed on learnings from considerations of the design thinking approach, the business (model) canvas and other modeling studies. The frame evolved over a period of 14 months in which two bootcamps were held. The bootcamps were attended by 266 potential startups. It has also been used by 28 students of senior entrepreneurship undergraduate course (Launching Entrepreneurial Ventures) over two semesters.
It provides a logical flow and connects value drivers on economic, operational and strategic levels of the startup. The frame provides a thorough look at startup from ideation to financial returns analysis in a sequential format. The frame enables identifying courses of action like:
- Management of Customer Benefits (CBEN)
- Management of Segmentation and the Customer Relationships (CREL)
- Segmentation of Markets and Customers (SEGM)
- Communication Management (COMM)
- Strategic Goal Setting and Management (SGM)
- Competitor Analysis (CA)
- Developing Startup Frame (SF)
- Designing the Business, Design Elements (DE)
BENEFITS / PROS
- Time Effectiveness at pre-startup stage.
- One page illustration of the startup business strategy.
- Ease in the pitching process for both the start-up and investor.
- Triggers creativity in devising strategy.
- Step by step approach to planning a startup from ideation to identifying the ROI.
DISADVANTAGES / CONS
- Some information might require more space and extra blank sheets might have to be used by the user.
- For some of the start-ups the whole frame may not be filled and some courses of actions may not be implemented.
- Some start-ups may not have access to A3 papers for printing the frame.
Compare: The Entrepreneurial Strategy Compass.
See also: Startup Business Strategy Frame website.
X
Welcome to the Business Models best practices. The topic being discussed here is: "The Startup Business Strategy Frame".
Please sign up now to read all responses and to join this discussion yourself.
Log in
|
|
Paramathmuni srinivas Kumar India
|
|
Convincing the Client
Nice concise framework. However to me, even after ...
|
|
|
C.L. Kappagomtula Professor, Malaysia
|
|
Startup Business Strategy Framework
A very nicely explained framework, in a single pag...
|
|
|
Sanjay Verma Business, Kenya
|
|
Startup Business Analysis Framework
Very nicely presented. I am a great fan of one pag...
|
|
|
KOEHL Maryse Professor, France
|
|
Customer Segments and Strategic Segmentation
The business plan can integrate different segments...
|
|
|
Derek Lark CEO, Australia
|
|
Please no Capitalisation
Please do not over-use capitalization in the forum...
|
|
|
Derek Lark CEO, Australia
|
|
Interesting Proposal
Congratulations Rahatullah.
It is always good to ...
|
|
|
S. Lago Business Consultant, Canada
|
|
Story Board for a Business
Well done! By design you have captured the who, wh...
|
|
|
Patrick Parsons, South Africa
|
|
Add Major Processes to Startup Business Strategy Framework
A great article. If I may add the following:
- A ...
|
|
|
AMRAOUI Abraim Coach, Morocco
|
|
Startup Business Strategy Framework
Thank you very much for this framework. It will be...
|
|
|
Gavril Management Consultant, Albania
|
|
How to Overcome Failure
This is a good overview of start up process requir...
|
|
|
Jamaldeen Faleel Professor, Saudi Arabia
|
|
Tested the Framework on Startups
I have tested it on some startups. I am mentoring...
|
|
|
Rahatullah, Effat University Professor, Saudi Arabia
|
|
Thanks Dr. Jamaldeen
@Jamaldeen Faleel: thanks for test and information...
|
|
|
Hesham Mugharbil Lecturer, Saudi Arabia
|
|
Interesting Start-up Framework
Good work Dr. Rahatullah. It is always helpful for...
|
|
|
Hassan Syed CEO, United States
|
|
Much Needed Improvements
My company, ideagist.com has advocated lean practi...
|
|
|
Caleb Schweer Student (University), Canada
|
|
Helpful Framework for New Business Startup
It's a very brief framework. I started a business ...
|
|
|
Naguib Chowdhury Business Consultant, Saudi Arabia
|
|
Captured Most of the Critical Fields
I like the model as it captures some missing point...
|
|
|
Noor Entrepreneur, Saudi Arabia
|
|
Start-up Model by Dr. Khan
In our entrepreneurial competitions, we used this ...
|
|
|
Maurice Hogarth Consultant, United Kingdom
|
|
Complement with SMART or PRAMKU
I like the comprehensive one-page over-view. It co...
|
|
|
Derek Lark CEO, Australia
|
|
Objectives and Their Development
Many objectives aren’t achieved, irrespective of t...
|
|
|
Maurice Hogarth Consultant, United Kingdom
|
|
Achievement of Objectives
@Derek Lark: Agreed. Changes in a variety of facto...
|
|
|
Rahatullah, Effat University Professor, Saudi Arabia
|
|
SMART Goals / PRAMKU in Startup Business Strategy Frame
Agree and that's why SMART goals are included (at ...
|
|
|
Rahatullah, Effat University Professor, Saudi Arabia
|
|
The Startup Business Strategy Frame
I have now put the framework on a website: strateg...
|
|
|
|
|