Business Plan Development Exercise

DESCRIPTION:
Depending on the intent, a DesignShop will generate various kinds of plans: strategic plans, business plans, operational plans, action plans, et cetera. If the intent is to build a business plan, it is often referred to as an “engineering level” or “building level” DesignShop. The Scan phase is not omitted, though the boundaries are tighter, allowing participants to go into greater depth (for example, producing a refined scenario of the conditions within which the plan is to operate). Focus activities address major options and contingency plans. The Act phase involves participants (with staff support) creating a draft of the business or operational plan. (Subsequent revisions of the plan typically scheduled as well). The MG Taylor “Business Plan Components” provides a business plan format for developing a plan that you could take to a venture capitalist. During the Act phase, writing the plan is typically “fast tracked” by having separate teams develop different components of the plan simultaneously.

MISSION:
To develop all aspects of a business plan in a short time frame. To take an idea into “Building-level” work.

TIMING/TIME REQUIREMENTS:
Developing a business plan is typically a two- or three-day DesignShop.

DESIGN CONSIDERATIONS:
Strengths — The “MG Taylor Business Plan Components” was developed in consultation with venture capitalists; it’s a strong format regardless of the intended use, requiring groups to think through various facets of their plan. Weaknesses — It may not be the best format for every situation. By design, it’s redundant — similar information is repeated in various places throughout the plan, and thus may not be as “efficient” to produce as other formats. Specifications for Success — 1. Have participants bring information with them, or have associates “on call” to provide it as needed. 2. Prepare for a high volume of very specific information. Have staff prepare templates, data bases, et cetera, and learn the participant group’s terms of art ahead of time. 3. This represents a different deployment of staff than normal; consider assigning a special project manager (separate from the DesignShop project manager) to the task of coordinating the support and production of the draft plan.

SPECIAL MATERIALS REQUIRED:
Electronic Templates: a format for the finished business plan and each component; computers for use in Break-Out areas; appropriate software; filing and paper management tools (Bankers’ boxes, et cetera); and greater-than-normal access to photocopiers.

SPACE REQUIREMENTS:
Normal.

FACILITATOR/STAFF ROLES:
For this work, the KnowledgeWorker staff apply the full range of their skills: writing, typing, editing, illustrating, developing spreadsheets, developing charts and graphs, organizing, production, work flow management, desktop publishing, project management, project mapping, analysis, assessment, and team facilitation.

More from the blog

Innovators are not one instruction.
AI enablement and adoption · Apr 30, 2026
How to Innovate Your Companies Town Hall / All Hands TRY 2
What's a focus group anyways?
The innovation function · Apr 23, 2026
Innovation Workshops/Focus Groups Don’t Work Anymore
AI and your job as a compression
AI enablement and adoption · Apr 20, 2026
From Farm to Factory to… Pontifications from a Dave Gray article

Connect your mission to the breakthrough it needs

Innovation work rarely fails for lack of ideas. It fails when what the program knows is spread across systems that don’t share a record. Bring the program, and we’ll show you where it could run on one.

Contracting vehicles

Direct award pathways, no new competition required.

SBIR Phase III

Under 15 U.S.C. § 638(r)(4), a Phase III award derived from Collaboration.Ai’s prior SBIR work may be made without further competition.

DAF DTO BOA

Order through the DAF Digital Transformation Office Basic Ordering Agreement.

Not sure?

We’ll walk through which pathway fits the program. Contact us →