CPR (Competency Practice Record) is a planning, tracking and documentation system for nursing professionals to stay current with required professional activities. Currently there is no online system which nurses can plan and track their activities for continuing competency. This program provides an online solution that will align with health authority requirements and course learning hub. Everything from planning, recording, storing, reminders, and sharing can be accomplished with this one program. It will be available as an app for use on mobile devices. Included in the presentation is the elevator pitch, the venture pitch, and a written document that would be distributed to the potential investors.
CPR-Venture-Pitch- (this is an animated powerpoint so if it doesn’t animate on your device the formatting will be off. Also, I have taken the timing off so maybe that will fix the glitches with the text)
I found this assignment to be quite challenging in terms of coming up with an original idea for a venture. I am in no way an entrepreneur so was stymied for the longest time about what I could possibly develop. So, I went to what I know and that is nursing. As an educator I track nursing competencies of the staff on my unit and find this very challenging, particularly in documenting, tracking, and reminding staff what is required. I only do this for activities that the organization requires. On top of this nurses must keep track of their activities for the College of Nurses. This can be an onerous task and is generally done on paper. Therefore, I thought that an online web-based program could be one stop shopping for completing this requirement. As all nurses must do this there is a built in market for it.
I did quite a bit of research in terms of various ways to present the information and found that most experts recommended a short slide deck. As I didn’t want all the information on the slides (too busy and dense) I thought a handout to accompany the slides would fill in some of the gaps. Some of the programs I used to create the elevator pitch and venture pitch were fun, until I found out what I had created on the free version couldn’t be downloaded without buying a membership (grrr). So now I have a couple of memberships I can use for my other classes :). I used the voice over for the elevator pitch (text to speech feature of the software) because my own voice is not great recorded so I didn’t want to use it and the cost of a purchased voice was $500+!
A major learning from this assignment and this class was that there is a lot of money to be made in the technology industry. Just from my own experiences with various software and apps, I found that nothing is truly free. I think that is where there is a major venture opportunity for someone who doesn’t want to make money but wants to provide something that is needed. Free applications for educational use – free (decent) stock photos, free animation software, etc.
I look forward to seeing everyone’s ideas and pitches.