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See Enterprise opportunities Setingupanertepre ines sks ndrewards Portola entering erste opportunities nd Bargwlngn sneer Inox toca cel tee, any actorsean crete opportune. “hereto ene ast naonh ination otal ncvane + cangng teed o wants fora productos example creas of ‘even ncome cages asta ash, rhage populton ewopars technology magn rots an rie abla Sheroutedor unwanted changes inthe aby test eedsorwans,rearplthe fairest Cempetionreccastoesiprent hegzaingorement pollinate warts ond sede ‘er ehargesn aon ano “These facts iene theo Seraeaswel san repre ity ‘oiet tat demand Noa Mintz, USA; Benny Fajarai, Indonesia “Thee renee nen cen eeepc ae or el + When Nou Mea ws 2 yas he da ie be baby soe ‘ays, star a thr ed fd ‘Bp ote en (Fert nema ee er wea ok seneannietypo + Hey Pr vis viing a nen ow mh ours ‘eel asian ay ae gute te oe ‘mre drs und los nope op eal eae Pny Sita fien ated ape an otc acepctorhandnuae Question: Tevet eves Wha oportiy ysetht ete th srg ere Inyourpr yu lend exporetwo other poet ens Fromtnyou nnd chose ove heel be poate wound, ‘ion ardatsdel he desyou coos can bess eh ‘hnkarsstentnert wating ces crsetrg.p lesenshon a your (pou ede Wht portant atyoucose desta tesa ar Fest fryeutocaryaut Risks ick isprtetife omevercarflyou Face. Risks ae apart uktalingiea ly characteristic brga sucess eter Flire ‘an hapoen to yone Matas a sa recbe ara ry ene forething seston, amor what wet wrorgard seth erperence tohela improve net ine Many farousentepen ncaa 5 Gates nd ‘Ste obs had bashes thot nec trethey wee sucess ‘ks canbe poste or negative Thedecsonto star upan erie or Gevlop anew proaict may rma ator Forage + hisnotcrtan tomate a pot. + Choosing he wrong pring pometnsuatgy can rest chelossof + Hnngioo many unepected castes canbe ist as muchofagrblen as singe ex eteprareue il to ake decors that give thabest cance ofering ‘ots and ediing the pote er somethingtg wrens, How to manage risk Senyee rine rus ulerbheneonnkn pate daming ne ‘ode anc aces posbleraksinated nape acy. srensrprse mst deal wih mary possible 5s, nud + Fnac sg avg cess suet ance ar hatte de aout mepactd css + fears what do abot congesin income, cusorestaes + Heath and soya envonental sis, eg how ans and regulations Mec ohaorhonyoucperste + Hum resource seg havngthe ight sls and amber popleln theenprse + Production rss. acestothe righ materia or whattodo Famachine otal these points apo eer enterpris or station By knowing the "ek the wae eteprener can lan proper sa the rereatonts ‘make des abautwhat actor to ae(o nat ebouteaeh sk TMs mess theertepeehara eter crc facing tdjctes Chapter 3: Opportunities, risk, legal and ethical consideratic nagheyo teen sed wana schol tir anne pat orcas Idem pste nis ht you might ode wth when orange eer. “The stages of rskmanagement Fit. chose theta of rarmgeret gwe'32:Thestogescf rk management ‘Step deny thers 2ST andsWoT ae wornethadsthatcanbe veda calle foration op dey rranteter orate hatayeprenposble ks, “Tis moles denying important ean actrsthat could have an pac on anentrpse Theseae factors thot fer te wheat andthe erp ash conelovertharExteralfactos a fom ne base fo Oppartntie: {na Tetsina SHOT ana. actortoconsderintce Pits aby nation Leal errs terconoatitor mah vain Economic ewan the buss ee erslaynen acs naples aanesinectogy ate crnerat Sperigentzchoey usomerdenogaphics eye ses rowark tes andi "abl 3.1: ihat to cose when dang PEST anaye ‘mer that youn hve earyavea eal ie poet Nat eo [rderantoinpartao eet staton ypu chest oat aPEST ‘SYS ars yourpjet onan that py ‘Sarl scloces elie obermat mp anes Foducstocarsunes Fo cool tara pete st ex ay eas [esate aby ree gunies ae nal tbe ee ‘uct um th temas at tn of itera you ih your PEST ondswoT antes sworenayis [ASIC arisidetiies cent tra tegts and weonessesand ental nteralapprtntes rdtens forages ject Fleas ae se in Table 32. Ce eee > eal ues ate etree Isgatandcanbecortoled + Foosay neue dep now rts ped reputed teen senaleseror eererie Fascarclostwnthresta be Impeves + Fecarsmayintenckofcath To ow poston cast poor eral anges the miepse anne conol wrens cau ‘tt em Facorsmay cue coer owt uisecnompepuon nee avatbecortoled enc Dincethe era or pop tr Faas mince ners compton charges gs rt ‘ble32 Whato cones when doing SHOT ans Intra factored products pres coms, rot, performance Guay, peopel, puttin and processes, Ferma feria rats aon satay end competion, ‘nami, population pls, sacety, tue technelagytheenaonrent trate medi, Fach factorcanbessen asa postive or negates Leadership eoulbe ‘thera strength or weakres Oelogmensintshrcogy may ean the \decestein deruandoranaaisingpoduct but athe are me ces ‘opporunitytooferanew produit rate be mere sce. CaryoutasiyleSWOT aaj tar shal For crm. what oesjeut ‘choo dtta mean poole Welds to pst hte ay ages Ingnernenpay tyra al one cha urachoa Go beter twtr chelate hm pi | You could use he tempat atthe nt hi chapter to ep Yu with your ‘wor ana aaa onsiderations ‘tep2:Anayse the impleations of ach isk Foe tach fecldentid conser the foaning questions + Whataetha chances of thappening? + What ete pater consequences rth project aishappe Fumember each iskandhsconsaquences can have posiveorneatheetcs, entepren est balance hepa neptive afl apa tert rena ots actors, tapos ears can ouagy agate aks a projects ej to pred, ‘Andrew Mupuya, Uganda Ande as 6 el tude whee ound VEL it pet ‘pods cman Hep he esoteric od 2 les bsneses fem sin pla bs op eth eis Tosurthie enero And wed ot he wl ed 3600 pan ‘lag (S10) Head oo ving sok ae by sling ese tes end bared 3 hs lah Heed hee {Stnd ute mae apr bee ma by and» Ande ‘Sint afond nan ‘uesion: nla pone i Ande eerie igh ee Step 3:Decde whether the iskiswortit “Theeneprenesthe onl person wo can answers question andwitbe Influence ty the ate re Using rtormation gathered instep2, aden haste ba made about wich ‘sks are wath isng Ais pit the entepreneu may deccethat one st rove heise toa hone tend or poet shave opp. Step 4:Plantomanage there ining decides to cay cnt the projet the ecepreeurhastodeldchow to deal wih each the rman ree Remeber oust lsngtoredve te chances ‘igre Think fepstne rise bit ot ete ches or MATEtohep you poten ends. managers Statpestodotisineade + migateTyaeducethe rk ange what youd + Aecapt thers ncthingyou can do aboutagian iste presareorset ssid one nf buget or any negative facts ofthe iskhappeir + Taner Let sone ee tl te sh or earpepase spony oe taste someane outside theoreti vothey maar + lnpate hehanr re doit Remember fou ry tid ik, yoUmay ao hareto ge up the postive opportunity. Injou project wld era woo tee sass rem ou ating ‘Saou bin zeliey bee retireorart Ta tlpjounorthecutnksoatnhateaudhappen taser dost ‘Breen roca ew Diem ett tracey pen Oui ‘resmpsorcangesjoy could ave acre hat stage wee sheds Fame. someingditg mg wht wouldbe your ackula? adc ‘Tre are may een tres ik rcaig + ta esearch neutng market esac, ue oan projections ond fashfowTercass user PEST ad SHOT sas + akg rave om oma andinfomal sources and support + ca plang rings hasan er cinplan + sorecing ther alow as eration by seling eer ecues selingio dent marks | ulate mi fom tel Ya asto sly bus Thess 2720 am. ‘ate sminaetouais theta ston Yur drmgerafe "ta tem twa bayou seared Uatjsbeaeforl 1 Yreeceamvhatweudhappen ous nathng 2 Thnk posse svatepes you oul seo ede eran probe. “Which enn nou yo hose Elan youhaecheenscpton her anny oe ‘Steps: Monitor the ‘Aste nd opporunits change ovetinets importante review and renssesh he ts nd actos taken a5 jou cary outyur etre Changes beens fal rte ean ater the amount of sk ssosatas vith en acton Anerterie lave to spor, pry chngega het ensuethathe veal oucamespostve Attitudes to risk eryanehasa dient view fk Some pope taking hea Thee artes man otsto ik 1 Rekmerse Someone who wilatanp:t id ny possibly isk 2 Rekleen:someonevhalswilngie accept alot ish 3 kreducerSoreone who wilatengtolnttheBisthood andarout otpombe rie Your sttudet rskwlinflence your detionsand acters. Fer ean, anenrereneur nos rk vrei mgr ia naire 2 9n feueprecurwho ike Cee a eee ‘Andrew Mupuya, Uganda (continued) Ando mci ei ck ecole bay mich nd Sipethatbecestleaeehpperoproeyork tetrtcees ‘wd dae to cary aking han by Syn Asan, ‘atutestenatoesoing incor hcred ee {Skat pe cons and pte! ie adn hep ‘oes ad lens fre aking saan bye crt Question: ‘What wld 90 4 emer thts 0A tide As cana do change ‘pening este, “Thiscviycan be cone acer an nau ora ta again You ‘Bruton regalo buldtbetaest nepal Thebans + Youcanony ce ope adage cis. + Theter musth he stanargand bet superar sears ‘soretimemie, + Youre reatowed:otouchernefee th mone cto Tepes ara satetletonrre Honma yu igttah? Legal obligations egal conser fetuen PST ans andrepesent earl actosin SHOT ain. Comments itroducelans andreguatonsto prove preteen freer stalnades stop them beget Then nla. + tmpiojent Employment contact stat the terms ofthe jband what ‘odoiftee sean pobls. Thiscan be ue a preantor rez

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