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Develop a written proposal outlining a specific product or service idea you have for Triangle Solutions. Triangle's company type and product area have been left unspecified in order to allow you creativity in invention of your own product ideas and exploration of areas of interest in the market. You may not use the same area or idea used in previous assignments.

Part 1: Proposal

Your professional proposal should describe a new product idea in detail, giving brief consideration to the feasibility of the following categories:

â?¢the industry
â?¢market size
â?¢team requirements
â?¢scalability of product
â?¢financials (whether or not the product can be sold for more than it costs to make itâ?"profit potential)
Your product idea must pass feasibility tests for it to be a viable product idea. Future class assignments will further investigate each of these areas in greater depth and will build from the information you identify and deliver within this assignment.

Part 2: Subsidiary Company

Then, provide the strategy to be employed to get ideas implemented internally, or describe the reasons why a product idea should be spun off into a new subsidiary company owned by Triangle Solutions. Important aspects of this outline are as follows:

â?¢the practical definition of the multidisciplinary team that the product idea requires
â?¢describing the different types of team members needed and their respective skill sets
â?¢where one would find them for an intrapreneurial versus entrepreneurial approach.

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In accordance with BrainMass rules, this is not a proposal or an essay but only assistance.

Develop a written proposal outlining a specific product or service idea you have for Triangle Solutions. Triangle's company type and product area have been left unspecified in order to allow you creativity in invention of your own product ideas and exploration of areas of interest in the market. You may not use the same area or idea used in previous assignments.
Part 1: Proposal
Your professional proposal should describe a new product idea in detail, giving brief consideration to the feasibility of the following categories:
The new product idea that I have decided on is to manufacture a 29- foot Triangle wind turbine with 5.5 foot blades that can work at wind speeds as low as 7 miles an hour and can provide households 85 percent of average household's electricity. The turbine can be fitted outside on a building or a separate tower can be used to hold the wind turbine. The innovation is that wind turbines that are used in large industries or by utilities will now be available to households at affordable prices.
.the industry
This global industry for wind turbines is growing. There are many large manufacturers that have entered the market. Large global companies that market wind turbines in the US include Nordex, Acciona, Suzlon, Gamesa, and Vestas. The US based company Clipper Windpower has also joined multinationals in making utility scale wind turbines.
.market size
This total installed capacity in 2010 across the globe was 38,028 MW and the capacity will grow faster as the economic weakness recedes. Even as the wind energy market grows, there are few players that sell wind turbines designed for households. A single Triangle wind turbine will be priced at $12,000 ...

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  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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