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Chap14
 

Chap14

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Chapter 14- Entrepreneurship lecture International University- HCMcity

Chapter 14- Entrepreneurship lecture International University- HCMcity

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    Chap14 Chap14 Presentation Transcript

    • Technology Ventures: From Idea to Opportunity Summary Real intelligence is a creative use of knowledge, not merely an accumulation of facts. D. Kenneth Winebrenner How do new firms build a set of operational processes that serve to create, make, and provide the product to the customer? A new venture needs to design a set of operational processes that will enable it to build, store, and ship the products provided to the customer. New businesses build a supply chain of partners that add value at each stage of the assembly or manufacture of the product. Chapter 14: Summary
    • Technology Ventures: From Idea to OpportunityChapter 14: Value Chain A value chain is a series of activities for transforming inputs into outputs that customers value.
    • Technology Ventures: From Idea to OpportunityChapter 14: Figure 14.1 ManufacturingLogistics Marketing and Sales Customer Sales & ServiceDistribution Applied Research Product Design Process Design Value Chain Information Flow
    • Technology Ventures: From Idea to OpportunityChapter 14: Concepts Operations: a series of actions. Operations Management is the supervising, monitoring, and coordinating of the activities of a firm carried out along the value chain.
    • Technology Ventures: From Idea to OpportunityChapter 14: Process Process: any activity or set of activities that takes one or more inputs, transforms and adds value to them, and provides one or more outputs.
    • Technology Ventures: From Idea to OpportunityChapter 14: Figure 14.3 Common Business Process
    • Technology Ventures: From Idea to OpportunityChapter 14: Quality and Reliability Quality: a measure of a product that usually includes performance and reliability. Reliability: a measure of how long a product performs before it fails.
    • Technology Ventures: From Idea to OpportunityChapter 14: Speed and Flexibility Speed is a measure of lead time, on-time delivery, and product development speed. Flexibility is a measure of a firm’s ability to react to a customer’s needs quickly.
    • Technology Ventures: From Idea to Opportunity The Value Web for A Firm Chapter 14: Figure 14.6
    • Technology Ventures: From Idea to OpportunityChapter 14: Figure 14.7 The Value Web of Cisco Systems
    • Technology Ventures: From Idea to OpportunityChapter 14: Balanced Scorecard Balanced Scorecard is a set of measurements unique to a company that includes both financial and operational metrics.
    • Technology Ventures: From Idea to OpportunityChapter 14: Figure 14.9 The Balanced Scorecard
    • Technology Ventures: From Idea to OpportunityChapter 14: Figure 14.10 A Gantt Chart for 5 tasks. The actual progress is indicated by the shaded bars.
    • Technology Ventures: From Idea to OpportunityChapter 14: Figure 14.11 Example of a Roadmap for a New Technology Firm
    • Technology Ventures: From Idea to OpportunityChapter 14: Principle The design and management of an efficient, real-time set of production, logistical, and business processes can become a sustainable competitive advantage for a new enterprise.
    • Technology Ventures: From Idea to OpportunityChapter 14: Exercise A new, growing electronic game company wants to outsource its manufacturing, sales and distribution functions. Develop a value web for this company.
    • Technology Ventures: From Idea to OpportunityTechnology Ventures: From Idea to OpportunityChapter 14: Venture Challenge VENTURE CHALLENGE 1)Describe the key business processes used by your venture. 2)Draw a draft value web for your venture as in figures 14.5 – 14.7.
    • Technology Ventures: From Idea to OpportunityTechnology Ventures: From Idea to OpportunityChapter 14: DVD Video DVD Video “Small Innovations for Reducing Company Costs: PayPal and SpaceX” Elton Musk (SpaceX)