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BASIC SHAPES PRESENTATION
shruti gurude
Created on January 10, 2023
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Transcript
Entreprenuerial Development
PRESENTATION
Shruti Gurude 2022-B-12102005 Prof. Yugantar Ballal
1. Cracking the creativity Code: Discovering Ideas
Creativity is an acquired skill, one that improves with practice.This course helps people who lost their innate creativity and restore it. 1. What is creativity? Creativity is widening the range of choices. Exploring New ideas. Breaking the chain of being comfortable.
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ZiZoZi: ( Zoom in, Zoom out, Zoom in )
Zoom In: You are grasping every possible detail and fact related to the challenge. Zoom Out: Taking the Imagination to the highest floor to collect wild ideas. Zoom In: Returning to the ground with a basket full of ideas and converging, selecting the best one.
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02
From Idea to startup
The practical proven tools for transforming ideas into products or service that create value for others
Business Plan:It is a short document that shows the basic outline of business design and how you willyou will implement and deliver your ideas. It is a kind of road map. Business Design: A business design is a plan showing how an idea for a new product or service can become a profitable growing business.
Think Ahead Backward: thinking ahead forward is looking into the future and figuring out what we need to do. thinking ahead backward is discovering ideas, thinking ahead to our destination, to our finish line.
3. Innovation Career lessons from a Master
Innovation is an art, not a science.It is about breaking the rules intelligently, to create value through useful ideas. Learning from Failure and success: Learning from failure can increase your confidence in your professional and performance as a team. The more confidence you feel, the better you can handle your work responsibility.
Nothing moves without vision
.Imagination is more important that knowledge.Having vision places a purpose upon your goal setting activities. Without the end goal, we wont have a clear path of your future.
Fight Resistance
People usually resist innovation. They have unusual fear of upsetting the moral and social of demand of the product.
04
Action-Driven Business: From classroom to world
Planning and Prioritizing
Write a Diary
Business Design
Keep a diary, record your organisation, organize and capture what you learn
Business design is the design of business.It incorporates design thinking that puts the customer at the center of design process.
Planning: planning is the function of management that involves setting up the objectives and developing strategies to achieve it and selecting the best possible alternative.
05
Strategic Innovation: Building and sustaining innovation organisation
Prospect theory: Maximizing gains and minimizing loss
The prospect theory says that investors value gains and losses differently, placing more weight on perceived gains vs perceived losses.It is also know as loss-aversion theory.
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06
Strategic Innovation: Managing Innovation Initiative
Corporate entrepreneurship
Ambidextrous Organizations
Ambidexterity refers to an organization's ability to be efficient in its management of today's business and also adaptable for coping with tomorrow's changing demand.
Corporate Entrepreneurship is the creation of new business, products or services from inside an organization to generate new revenue growth through entrepreneurial action.
07
Entreprenuership I: Laying the foundation
Value proposition and Market sizing
Value Proposition:A value proposition is a statement that clearly identify a company's product and service will deliver to its customer. A well crafted value proposition will differentiate the company and its specific product in the marketplace among a target audience. Market sizing: Market sizing is traditionally defined as estimating the number of buyers of a particular product, or users of a service.
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08
Entreprenuership II: Preparing for launch
Equity
Equity is the amount of money that a company's owner has put into it or owns.It measures the amount of money that would be returned to shareholders if the business liquidated its assets and paid off its liabilities.
Venture capital Valuation
.A venture capital valuation is a calculation of the value of your business that venture capitalist require before they offer investment.
09
Innovation: From Creativity to Entrepreneurship capstone
Principals of Entrepreneurship
1. Passion2. Humbleness 3. Responsibility 4. Leadership 5. Patience
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