- You will be participating in a group to compose a business plan for a new real world product. The research will involve market research, product research, and industry/competitor analysis.
- Think seriously of the impact that this product will have and for what community will the benefits be the greatest? Medical/Global Health, Engineering, Retail, Transportation, Communications, Home/Living Environment, Workplace Solutions, etc?
- As a group member, take responsibility for specific areas, complete tasks, and share information widely with team-mates
- Use outlines - for the project, for individual contributions, and to determine what information is still needed
- Create shared space on a network drive such as Google Drive that you can park content for each other to consult.
- Consider using MS Word's "Track Changes" on the "Review" tab.
- Evaluate Internet resources carefully - consider domain - .edu, .com, .gov, .org, etc.
- Do not hesitate to schedule an appointment with either the Engineering & Innovation & Entrepreneurship Librarian or for general queries utilize Ask-a-Librarian
- Consider the elements of your audience when you select information and materials to determine level of relevancy - think about:
authority control - authorship, who, affiliation, where
currency - note the date, the update, does it reflect the right period of time
purpose - does it meet criteria for assignment
objectivity - does it reflect the balance of bias and political slant you need
accuracy - did you capture and appropriately cite the original source
relevance - did you find the most relevant information or "just good enough"
The criteria you want to apply in reviewing another group's business plan has two considerations:
- the elements that you find are most critical in your business plan - how do they compare
- if you were to consider funding or investing in this proposal - do you have sufficient information; does the product fulfill a need as a service or product; how does it compare to others in the marketplace; etc