You will advise the startup winery in your state about internal governance from the point of view of a small business. The winery owners’ goals are to be a certified B Corporation in year two and to win a management award for their business by year three. They would consider becoming a B Corporation if your state allows it but they need to know the differences and the reporting requirements and costs for each. You are going to write your recommendations of how to create and manage their internal governance and a management award to pursue. Your recommendations should have that award in mind and include at least 5 references to materials covered in the class that you think are the most relevant to some starting a business. (Potential business award resource link is provided in assignment/final exam) Helpful resources on report writing whether the report is part of an RFP (Request for Proposal) or for an existing contract. The ultimate guide to RFPS. https://blog.hubspot.com/marketing/rfps Business reports: 10 tips for creating reports people want to read. https://nutsandboltsspeedtraining.com/powerpoint-tutorials/effective-business-reports/ Make the contents as specific as possible — not a laundry list. Show me you see how all this fits together for great internal governance. This is also as much a marketing document as anything else. It must include a list of recommendations and rationale plus citations and a report summary (abstract) at the beginning to tell the reader the highlights . Put your citations at the end. You must include all of the following and who in the winery should have the authority and responsibility (this could be multiple people) — be concise and to the point: Internal governance trends that are relevant to the winery (see readings for ideas) Certified B Corp and B Corporation reporting requirements and costs for both How to incorporate the ideas of GRC, triple bottom line, social impact, design thinking, and the Lean process of teaming to create great internal governance management How various stakeholders and shareholders fit into internal governance of the six business functions (sales, marketing, operations, books and records, finance, and admin and when to make use of them when creating, monitoring, deleting or revising policies and procedures Cautions to watch out for in internal governance development and ongoing management — including reputation management, handling the grapevine, preventing lawsuits, as well as enforcement. How to be prepared to take advantage of opportunities (e.g., grants, sponsorships, training) and to manage problems (disasters, lawsuits, negotiations) through the use of internal governance — give two relevant preparation examples How to create great policies and procedures using the Page method — include one example each of good and badly written or unenforceable policies How to communicate and train relevant stakeholders and keep everyone current How to evaluate, monitor, and revise or cull internal governance structures from the beginning of their business and over the years to insure transparency, accountability and fairness Recommended outside internal governance resources for to use including tools, books, etc. These might be certified professional experts, software, insurance, trade associations etc. (For Software check out CAPTERRA.com for some titles and reviews – read and select – don’t just cut and paste. (This could be a list with links and costs) At the end: one page on cost estimates of time, personnel, other resources, and money to create their internal governance. Include a graphic of a timeline (PERT chart, GANTT chart, workflow, or similar)

The winery owners’ goals
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