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Opportunity Recognition Process (p32) : Precondition Conception Visioning Assessment Realization

The document outlines the opportunity recognition process, which includes four stages: 1) Precondition, where the individual considers what product or idea could sell based on their knowledge and resources; 2) Conception, where they brainstorm ideas and consider feasibility; 3) Visioning, where they focus on one idea and think how to make it unique; 4) Assessment, where they evaluate if the idea is possible through available resources. The example provided discusses an individual considering selling siopao (buns) and having the idea to make them unique by toasting them after being inspired by toasted bread.

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David Del Mundo
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0% found this document useful (0 votes)
43 views7 pages

Opportunity Recognition Process (p32) : Precondition Conception Visioning Assessment Realization

The document outlines the opportunity recognition process, which includes four stages: 1) Precondition, where the individual considers what product or idea could sell based on their knowledge and resources; 2) Conception, where they brainstorm ideas and consider feasibility; 3) Visioning, where they focus on one idea and think how to make it unique; 4) Assessment, where they evaluate if the idea is possible through available resources. The example provided discusses an individual considering selling siopao (buns) and having the idea to make them unique by toasting them after being inspired by toasted bread.

Uploaded by

David Del Mundo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Opportunity Recognition Process (p32)

 Precondition
 Conception
 Visioning
 Assessment
 Realization
Precondition

 What would sell? I think siopao is a good idea.


 What do I know about the product?
 Do I know how to make siopao? Do I know anyone who can?
 I think Taiwanese Siopao is the best…
Conception
 Sinigang na siopao? Yuck…
 Siopao coffee bun? I hate coffee…
 These people love dumplings for snacks…
 Maybe because it is affordable…
 An awesome SECRET sauce can really jack up the price!!! *ka-shing*
 Now for a good place to put a small stall. I think I want a 2 story restaurant
instead. Chandelier and everything…
 Ooooops, not enough money.
Visioning

 I think I will just focus on my siopao business idea.


 Good thing, mom made me some toasted bread for my merienda.
 I wonder how I can make my siopao special
 *munch* *munch*
 Mom’s toast bread is the best
 …
 …
 Hey….
 Toast…
 …………..
Assessment

 Do I know how to toast?


 Do we actually have a toaster at home?
 Will mom allow me to use her toaster? I guess she can assist me.
 I have some cash to buy some ingredients.
 Instead of steaming…
 Can a siopao really be… toasted?
Realization

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