Module 1: Business and Management

Business and management skills are indispensable assets for the effective functioning of e-bio-business supporters. These skills enable them to develop and execute strategic plans tailored to meet the diverse needs of businesses they serve.

Module 1.1

Business Strategy and Planning

The Business Strategy and Planning skill is the ability to develop, articulate, and implement a strategic plan for a business. Including clear goals setting, understanding the competitive landscape, analysing market trends, and formulating strategies is crucial to achieve business objectives.

Module 1.2

Financial Management

Financial Management consist in efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. Budgeting and forecasting include the ability to guide and create realistic, detailed budgets and forecasts that guide the organization’s financial decision-making.

Module 1.3

Marketing and Sales

Both Marketing and Sales are essential for attracting and retaining customers, increasing revenue, and ensuring the long-term success of businesses. Effective integration of these competencies can lead to better market penetration, customer satisfaction, and business growth.

Module 1.4

Leadership and People Management

Leadership and People Management is a crucial skill that includes vision-setting, decision-making, and motivating staff to innovate and excel in a dynamic, often fast-paced environment. Strategic thinking, adaptability, and a deep understanding of market trends and customer needs.

Module 1.5

Operational Management

Operational Management focuses on the efficient conversion of materials and labour into goods and services as effectively as possible to maximize profit and minimize waste. It’s a balancing act of managing people, processes, and technology in an ever-changing business environment.