Outline Business Casetemplate & guidelines

London Ventures

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Guidance on how to create a strong case

Key Component Examples

“Big Idea” 1. Describe the ‘As Is’ including any strategic or policy context

2. What are the drivers for change?

3. Describe your approach to implementing a solution

4. What is the evidence to support this?

Proposed commercial venture 1. Describe the role each partner will undertake in the venture

2. Describe the proposed charging mechanisms and how the venture cash will flow

3. Provide a summary of the indicative levels of investment and revenue costs

4. What will be the commercial difference in this relationship and how will it ensure the right outcomes?

Set up costs 1. What are the indicative, quantified set up costs?

2. Who will these costs fall too and what are the assumptions and evidence base?

3. What are the potential negative cost implications?

Benefits 1. What are the indicative financially quantified benefits and who are they attributed to?

2. What are the indicative, quantified wider benefits such as social/economic, and what is the evidence base to support this?

Risks & mitigation 1. What are the key potential risks to delivery and the proposed mitigation?

2. What are the interdependencies to ensure successful delivery?

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Proposed Template

The big idea

► What is the venture?► Describe here the current situation, i.e. The ‘As Is’► What is the ‘problem?’ faced and who are the stakeholders on which it impacts

Drivers for change:► Why change?► What is the strategic fit?► Is this aligned to any external strategic or policy change?► Does it provide any additional opportunities?

► What is the venture?► Describe here the current situation, i.e. The ‘As Is’► What is the ‘problem?’ faced and who are the stakeholders on which it impacts

Drivers for change:► Why change?► What is the strategic fit?► Is this aligned to any external strategic or policy change?► Does it provide any additional opportunities?

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Proposed Template

The commercial venture - overview

► What is the commercial venture?► What is the relationship between partners?► Describe the role each partner will undertake in the venture► What will be the commercial difference in this relationship and how will it ensure the right outcomes

► What is the commercial venture?► What is the relationship between partners?► Describe the role each partner will undertake in the venture► What will be the commercial difference in this relationship and how will it ensure the right outcomes

Role in phase 1 of this venture Role in the wider venture

Involved in commercial agreement:

London Ventures • •

<partner> • •

EY • •

Involved in wider venture:

Local Authorities • •

Capital Ambition Board • •

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Proposed Template

The commercial venture – financial proposition

► Describe the proposed charging mechanisms and how the venture cash will flow ► Provide a summary of the indicative levels of investment and revenue costs► Where will be the source of income/revenue?

► Describe the proposed charging mechanisms and how the venture cash will flow ► Provide a summary of the indicative levels of investment and revenue costs► Where will be the source of income/revenue?

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Proposed Template

Proposed venture

► Where has this been done before? ► How has this been done before and does it provide scalability?► Where has this been done before? ► How has this been done before and does it provide scalability?

Evidence to support

► What is the high level programme of activities required to undertake this?

► What will be the key outputs?► High-level timeline to deliver with milestones

► What is the high level programme of activities required to undertake this?

► What will be the key outputs?► High-level timeline to deliver with milestones

Activity Month 1 Month 2 Month 3 Month 4 Month 5 Month 6

Project set up

Consultation

User testing

Transition

Recruitment

Training

Mobilise & Go Live

High Level Timeline Example

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Template guidelines

Set -up Costs

Organisation Set up costs (£) Ongoing costs (£) Annual net-benefits (£)

Staff Cash Staff Cash

Partner 1

Partner 2

Local Authority

► Indicative quantification of costs► What are the assumptions?► Who needs to make this initial investment?► What are the implications?

► Indicative quantification of costs► What are the assumptions?► Who needs to make this initial investment?► What are the implications?

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Template guidelines

Benefits

Benefit Description Hypothesis Indicative quantified financial benefits

Indicative quantified wider benefits

Evidence base to support

Reduction in care packages

Increased use of universal services due to focused brokerage function means a potential reduction in the use of specialist services, framework services and block contracts

10% of £XXM Establishes qualified social worker role by ensuring professional expertise is utilised at the right point, delivering higher throughput and better crisis management with a reduction in waiting lists of XX.

Pilot delivered in XX

Academic research by XX shows XX

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Template guidelines

Risks & Mitigation

Risk Impact Likelihood Mitigation

Due to XX, there is a risk that XX, resulting in XX

H L E.g. Wide and robust stakeholder engagement to ensure clear definition of roles, buy in, ownership & accountability