Idea Development

Idea Development Phases
Phase 1:
- Idea generation and development
- Select area of focus
- Solicit Feedback
Phase 2:
- Assess feasibility
Phase 3:
- Identify impact
- Focus on social improvements within China
Phase 4:
- Connect talent with compatible complimentary skill sets
Phase 5:
- Understand the landscape
- what are the economic, political, legal, social and cultural context of your anticipated business environment
Phase 6:
- Assess and Consolidate resources
- Understand the capital requirements for developing the infrastructure of the business launch
Phase 7:
- Measure impact
- Regular businesses focus on an accounting model of assessment and measurement of growth and improvement, but social enterprises must also consider the social impact that they are providing to their market and be able to tangibly measure the effect of this impact over time