Meeting 5

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Latest revision as of 22:04, 27 October 2012

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**Team's Meetings**
Meeting 1	Meeting 2	Meeting 3	Metting 4	Meeting 5	Meeting 6

Meeting 5

Defining Our Model

Business Model Generation written by Alexander Osterwalder and Yves Pigneur, was our key to develop and understand business models. We guided and conducted our proyect based on the following canvas. It contains the basic structures that compose a business model. You can find more about our development in the Business Model section.

Porter’s Forces:

To strengthen our model we decided to evaluate other points of view, in order to do this we studied the publication “The Five Competitive Forces That Shape Strategy” by Michael E. Porter, Harvard Business Review. Determining these five forces can help a company understand the structure of its industry and stake out a position that is more profitable and less vulnerable to attack. Adapting this to our business, we identified them as follows:

1. Clients: Any company dedicated to industrial activities and manufacturers that generate sub products that are not being used and may represent a potential asset, also any industry that needs to optimize and improve the basic techniques used for their operations or solve problems associated with these operations.

2. Suppliers: http://syntheticbiology.org/Industry.html (DNA2.0) Universities and research centers that have developed any DNA sequences we could need for our clients. We could make the design and build it somewhere specialized for example companies that synthesize DNA.

3. Potential Threats: We don’t know an enterprise planning to come to our region and offer this type of services but we do know some companies that are in the synbio industry. We should make a list of companies that could be interested in this type of services.

4. Substitute Services: the company could choose to hire their our personnel to manage the area (In a longterm it will be more expensive)

5. Competition: right know any other company offers this service in our region.

As a future approach: Consultancy to optimize industrial processes using Synthetic Biology as a tool, mainly by exploiting sub products and offering a channel so that our suppliers are able to reach the clients.

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 {{Team:UTpreneur/utptemplate}}
+<font face="verdana" style="color:#663366">
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-|+ align="center" style="background:MidnightBlue; color:white"|<big>'''Team´s Meetings'''</big>
+|+ align="center" style="background:MidnightBlue; color:white"|<big>'''Team's Meetings'''</big>
 ! width="100 px" style="background:SteelBlue; color:Black"|[[Meeting 1]]
 ! width="100 px" style="background:SteelBlue; color:Black"|[[Meeting 2]]
@@ Line 9: / Line 11: @@
 ! width="100 px" style="background:SteelBlue; color:Black"|[[Metting 4]]
 ! width="100 px" style="background:SteelBlue; color:Black"|[[Meeting 5]]
+! width="100 px" style="background:SteelBlue; color:Black"|[[Meeting 6]]
 |}
 <div align="center">
-<div align="center">
-:'''Meeting 5''' <br>
+:'''Meeting 5'''
-<h3>Preparation for the Deadline: September 4</h3>
+<br>
+<h3>Defining Our Model</h3>
 <br>
 <div align="justify">
+Business Model Generation written by Alexander Osterwalder and Yves Pigneur, was our key to develop and understand business models. We guided and conducted our proyect based on the following canvas. It contains the basic structures that compose a business model. You can find more about our development in the Business Model section.
-Things to do:
+<div align="center">
-For non-business plan submissions:
-- Executive Summary,
-- short (5 min max) Abstract Presentation Video,
-- and an optional Slide Deck, submitted.
+[[File:bmc.jpg]]
+<div align="justify">
-Video (Responsible - Valery, Alicia and Fotis)
-Max 5 min; Video Outline:
-- Presentation (Panama-some images of the coastal strip, and the UTP - Garden and roundabout)
-- Explanation of the Project
-* Background (explanation of the project - a brief explanation and situation of Panama)
-* Project Description (explanation of the model - concept of broker)
-* Abstract
-* Indicators / charts, project support
-- Answer questions about the model
-- Possibilities / Future Plans
-- Fire-Image UTPreneur
-- Thanks / Sponsors
-- Team Photo
+=='''Porter’s Forces:'''==
+To strengthen our model we decided to evaluate other points of view, in order to do this we studied the publication  “The Five Competitive Forces That Shape Strategy” by Michael E. Porter, Harvard Business Review. Determining these five forces can help a company understand the structure of its industry and stake out a position that is more profitable and less vulnerable to attack. Adapting this to our business, we  identified them as follows:
-Executive Summary (Responsible - Ng)
+.	Clients: Any company dedicated to industrial activities and manufacturers that generate sub products that are not being used and may represent a potential asset, also any industry that needs to optimize and improve the basic techniques used for their operations or solve problems associated with these operations.
-- First mention the model and why we chose it (indicators)
+.	Suppliers: http://syntheticbiology.org/Industry.html (DNA2.0) Universities and research centers that have developed any DNA sequences we could need for our clients. We could make the design and build it somewhere specialized for example companies that synthesize DNA.
-- Explain and justify the project with questions Canvas
+.	Potential Threats:  We don’t know an enterprise planning to come to our region and offer this type of services but we do know some companies that are in the synbio industry. We should make a list of companies that could be interested in this type of services.
+.	Substitute Services: the company could choose to hire their our personnel to manage the area (In a longterm it will be more expensive)
-Slide Deck (Responsible - Kesia)
+.	Competition: right know any other company offers this service in our region.
-- In Prezi
+As a future approach: Consultancy to optimize industrial processes using Synthetic Biology as a tool, mainly by exploiting sub products and offering a channel so that our suppliers are able to reach the clients.