Strategic Planning With a number of organizational structure options for running your business, choosing one represents an important step in getting your business up and running. The election of a specific organizational structure provides a focus for current and future plans related to management, operations and finances.
Business Case What Are the Differences? How Are They Related?
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The business case is organized around an action or decision, to address business case questions like those given above. Those questions contrast with the focus of the business plan, which addresses similar issues about the organization or about the business.
The business plan address questions like these: What will the "business" look like in one year? That is, what will its financial position and business performance look like then? How does the business get to those results? What sales, margins, and revenues can we expect next year?
How many years will it take this startup firm to become profitable? Confusion sometimes arises about the differences between the business case and the business plan and the ways they complement each other. In brief, a business plan as it appears above is "all about" the "business" or the organization, or a part of the firm.
The business case is designed to address questions about a single action or decision.
Whereas the business plan asks what the business will look like, the business case asks: What will be the consequences in business terms if we take this or that action?
In contrast to the business plan questions above, the business case addresses issues like these: Business cases are designed to answer questions like these about the consequences of an action or decision: What will be the financial consequences if we choose X or do Y?
Are there critical non-financial outcomes can we expect in either case? What will we need as a capital budget next year if we decide to buy the service vehicles instead of leasing them? Is the investment in new phone technology justified?
Is there a positive ROI? Business Case and Business Plan Compared The table below summarizes and contrasts the essential differences between a business case and a business plan. A single action or single decision and its alternatives.
An organization or the entire enterprise. The plan may cover a single product or product line or the whole organization. Cash flow results and critical non-financial impacts that follow from the action. Business performance of the organization, especially in the main categories of the Income statement.
May include projected Pro-forma Income statements or Balance sheets for future years. Business objectives for the action what the act intends to accomplish.
Business objectives for the organization. A cost model and a benefits rationale, designed for the case, and applied to one or more action scenarios. The business model for the organization showing where and how the company makes money, similar to Income statementas well as expected trends, competitor actions, etc.An organizational chart shows the internal structure of an organization or company.
The employees and positions are represented by boxes or other shapes, sometimes including photos, contact information, email and page links, icons and illustrations.
Use The Flat Organizational chart template to draw an organizational structure of your company. How to Draw a Flat Organizational Chart with ConceptDraw PRO thinking ideas; Problem solving, business planning, company organizing Drawing Of An Organogram In Business Plan.
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