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Product ManagementNew products/product line planningInventory managementQuality testing and assurancePackaging Seed treatmentCommunication of technical information, training sellersProductionPlanningInput acquisition (including foundation seed)Contracting/outgrower systemsPlanting, crop management, harvestingQuality assurance during growingCleaning, packaging, storageRisk management, including cost analysisCertification.
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1. CHECKLIST FOR AFRICAN SEED COMPANY DEVELOPMENT Strategic Planning
What do you want to accomplish (in terms of volume, growth, financial, reputation)?
Where do you plan to compete (which market segments are you targeting, e.g., geographic, product, customer type, other)?
How do you plan to beat the competition? Why will customers buy? Why will they buy from you versus a competitor?
Answer the above questions and also develop your plan for executing major elements of strategy, including:
Developing and protecting your reputation
Determining your economic business model (How will you make a profit?)
Managing your rate of growth (You don’t want to stall, but you don’t want to expand too quickly and crash and burn either.)
Balancing bulk sales vs. direct retail sales
Role and scale of research and development
Networking, joint-venturing strategies
Creating business opportunities (new linkages)
3. Market Planning…
Knowing your customer
Demand forecasting
Market information and research
Industry and competitive dynamics
Cost/benefit analysis
…and Marketing
Customer education and demonstrations
Field days
Pricing
Sales
Distribution
Model/approaches
Economics (e.g., commission structure)
Promotion (e.g., brochures, signs, posters, radio, etc.)
4. Finance
Financial accounting systems (what the accountants want)
Management accounting (numbers the managers use, e.g., ratios, product margins, etc.)
Financial controls, including planning for collections
Budgeting
Working capital management (the money you need to bridge the gap between when you spend for production and when you get paid by your customers)
Capital expenditure planning (for items such as equipment, vehicles, etc.)
Financing (bank loans, capital investments, etc.)
Plan
Obtain
Maintain
5. Human Resource Management
Skills analysis
Hiring
Compensation structure
Training needs
Coaching and development
Other
Extension work/agronomic support
Information technology (IT)
Legal requirements
Facilities management
Advocacy re: policy and regulatory
PASS Meeting Output, Dec. 2007 (George Bigirwa, Issoufou Kapran, Joe DeVries, Rob Tripp, Richard Jones, Ashington Ngigi, Jane Ininda, Acar Toure, Ed Mabaya, Chris Kaijuka, Aline O’Connor Funk)