In Part III you will complete the final elements of your business plan by describing the organizational structure and management philosophy you will incorporate to hire great people and develop team unity. You will identify key elements of your corporate culture and outline your key motivational strategies for developing a proper work environment. Finally, you will present your operational strategy that identifies core aspects of how your business processes and procedures will be designed to run an effective and efficient organization. As part of your operations plan, you are to include a technology strategy that indicates how you plan to have a competitive advantage over your competition. In Part I and Part II of your business plan you developed a comprehensive analysis of your business concept, business model, target market, feasibility study, competitive analysis, differentiation strategy, risk assessment, strategic position statement, and marketing plan.
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