Part A: Proposal
Your professional proposal should describe a new product idea in detail, giving brief consideration to the feasibility of the following categories:
• the industry
• market size
• team requirements
• scalability of product
• financials (whether or not the product can be sold for more than it costs to make it—profit potential)
Your product idea must pass feasibility tests for it to be a viable product idea. Future class assignments will further investigate each of these areas in greater depth and will build from the information you identify and deliver within this assignment.
Part B: Subsidiary Company
Then, provide the strategy to be employed to get ideas implemented internally, or describe the reasons why a product idea should be spun off into a new subsidiary company owned by Triangle Solutions. Important aspects of this outline are as follows:
• the practical definition of the multidisciplinary team that the product idea requires
• describing the different types of team members needed and their respective skill sets
• where one would find them for an intrapreneurial versus entrepreneurial approach.
Be sure to provide support for the strategies or approaches that you have selected.
Answer will be sent by email as attachment.
