New Business Opportunities & Market Expansion Template

New Business Opportunities & Market Expansion in Priority Matrix

Develop and execute strategies for new business opportunities and market expansion in the telecommunications industry.

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Proposed Tasks

Critical & Immediate

• Stakeholder Communication due in 1 week
  ☐ Prepare project update report ☐ Conduct stakeholder meeting ☐ Address stakeholder concerns
• Conduct Market Research due in 2 weeks
  ☐ Identify potential markets ☐ Analyze market trends ☐ Study competition
• Customer Support Improvement due in 2 weeks
  ☐ Identify customer support issues ☐ Develop improvement plan ☐ Implement customer support changes
• Develop Business Expansion Strategy due in 6 weeks
  ☐ Define objectives ☐ Create action plan ☐ Establish timeline
• Implement Business Expansion Strategy due in 3 months
  ☐ Launch new product/service offerings ☐ Enter new markets ☐ Monitor progress
• Technology Integration due in 3 months
  ☐ Identify necessary technology ☐ Implement technology solutions ☐ Train staff on new technology

Critical & Not Immediate

• Identify New Business Opportunities due in 1 month
  ☐ Evaluate current product/service offerings ☐ Identify gaps in the market ☐ Propose new product/service offerings
• Brand Awareness Campaign due in 1 month
  ☐ Develop campaign concept ☐ Launch campaign ☐ Monitor campaign success
• Legal Compliance due in 6 weeks
  ☐ Review relevant laws and regulations ☐ Ensure business practices comply with laws ☐ Prepare for potential audits
• Secure Financial Resources due in 2 months
  ☐ Estimate project cost ☐ Identify potential funding sources ☐ Prepare financial proposal
• Develop Marketing Plan due in 2 months
  ☐ Define target audience ☐ Develop marketing messages ☐ Choose marketing channels
• Product/Service Quality Assurance due in 2 months
  ☐ Develop quality standards ☐ Implement quality control measures ☐ Monitor product/service quality

Not Critical & Immediate

• Build Project Team due in 3 weeks
  ☐ Identify key roles ☐ Recruit team members ☐ Assign responsibilities
• Cultural Sensitivity Training due in 3 weeks
  ☐ Identify cultural differences in new markets ☐ Develop training materials ☐ Conduct training sessions
• Develop Contingency Plan due in 5 weeks
  ☐ Identify potential risks ☐ Develop risk mitigation strategies ☐ Prepare for unexpected challenges
• Sales Force Training due in 6 weeks
  ☐ Identify training needs ☐ Develop training program ☐ Conduct training sessions
• Logistics Management due in 7 weeks
  ☐ Develop logistics plan ☐ Coordinate with suppliers and distributors ☐ Monitor logistics performance

Not Critical & Not Immediate

• Staff Performance Evaluation due in 3 months
  ☐ Define performance metrics ☐ Conduct performance reviews ☐ Provide feedback and coaching
• Evaluate Project Success due in 4 months
  ☐ Measure outcomes against objectives ☐ Identify successes ☐ Identify areas for improvement
• Customer Satisfaction Survey due in 4 months
  ☐ Develop survey questions ☐ Distribute survey to customers ☐ Analyze survey results