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A model must have the following pre-requisites in order to implement and test it:
- A company owner/sponsor: Organizational models must manifest themselves as a cascading effect emanating from top to bottom. Therefore, the sponsor must either be the head of the company or other high level executive. Usually sponsors are identified as the head of a company department.
- Sound budget: Testing a business model will always require funds. The amount provided must be the one demanded by the model to test it, no more and no less.
- Leader: This is especially important since he/she will be the “authority” or responsible person who will get results.
- Qualified human resources: The leader gets to choose his/her team. This an important point since the leader must look for the key individuals who are up to the test and have the necessary expertise to successfully implement and test a business model.
- Effective training: With all the above accomplished, the final part of the pre-requisites is training. A business model automated or manually developed, must be operated by human beings, therefore these persons who will actually test and operate the model must have no doubts and be convinced about the model’s processes and the benefits of working accordingly to the business model.
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