Patent ID: 7415437

Claim:
A business development process for an organization utilizing a business development database comprising the steps of: collecting data for ideas from a plurality of sources; identifying core equities of the organization; filtering said collected idea data by identifying potential business opportunities as those collected ideas that fall within the identified core equities; performing an opportunity analysis on said identified potential business opportunities to determine valid business opportunities, wherein said step of performing an opportunity analysis includes the steps of: grading strengths and weaknesses of the identified potential business opportunity, said grading occurring in areas of the market, economics, competitive advantage, the team, and potential flaws, each area including plural criteria and high/low attractive assessments for each; entering project identifying information into a computer for creating a master form; automatically summarizing graded areas on the master form; archiving opportunities having an overall low attractive summarized score; and forwarding identified potential business opportunities having an overall high attractive summarized score as valid business opportunities; committing resources to said valid business opportunities; developing a business proposal for said valid business opportunities; submitting said developed business proposal to a potential buyer of said valid business opportunity; determining if submission of said developed business proposal is a success; and executing said business opportunity upon determining that the submission is a success.