1. Problem Solving, Team Building, and
Innovation Strategy

2. Building a Business is NOT Linear

3. Shikhar Ghosh, senior lecturer at
Harvard Business School (2012):
-More than 95% of start-ups fail
- 2000 companies that received
venture funding, 2004-2010
- 10 start-ups:
- 3 to 4 completely fail
-3 to 4 return original
investment
-1 to 2 produce substantial
returns

4. Problem Solving
• Vouloir c'est pouvoir
• Art of balancing
• KISS
– Keep It Short & Simple
• CBA
– Cost-Benefit Analysis
• FAN:
– Feasible; Attractive ; Novel
M. Jackson is an inventor

5. 3-D Process of Making Innovation
Innovation

6. Dữ liệu:
• Mẫu
• Định lượng
Mong muốn
Thông tin:
• Luồng thông tin nhanh
• Định tính
Kỷ luật 3D
Kiến thức/
Kỹ năng
Đánh
giá
Dữ
liệu
T.
tin
Tưởng tượng
trước
Lọc thông tin để có những đầu vào hữu ích

7. Information Process of Entrepreneurial Decision
Napier, N.K. & Vuong, Q.H. (2013). Serendipity as strategic advantage, in T. Wilkinson
(ed.) Strategic Management in the 21st Century – Volume 1: The Operational
Environment (pp. 175-199). CT: Praeger/ABC-Clio.
entrepreneurship

8. Weird combinations..

10. Monitoring Entrepreneurial Progress
Objects:
- Products
-Resources
- Team
- Clients
- Partners
Domains
- Readiness to
competition
-Entrepreneurial
spirit
- Innovation
capability
STATE: T0
Objects:
- Products
-Resources
- Team
- Clients
- Partners
Domains
- Readiness to
competition
-Entrepreneurial
spirit
- Innovation
capability
STATE: T1 (Future)PROCESS
INPUTS
- Capital, Human, Land, Technology
- Entrepreneurship & Innovation
Product development
-Sales and Revenue
- Differentiation
- Trend setting
- New clients
-New suppliers and
distributors
New investors
- Team performance
- Corporate culture
- Cash balance
- Profits
- Upstream and
downstream
connections
OUTPUTS
IMPACTS
SPACE = COMMUNITY, MARKET, ECOSYSTEM
Team/Capacity building
Cash flows & Supply Chain

11. i2Metrix: Measuring innovation capacity and
competitiveness readiness

12. Genuine entrepreneurs break the rules
1985-86: ASUAG
+SSIH
Nicolas Hayek,
1928-2010
Forbes (2010): #232;
net worth US$3.9 billion.

13. Lessons learnt from Illuminate Dance Group:
#3 America’s Got Talent Season Sixth
1. Try weird combination
2. Stay focused
3. Have a strategy
4. Be a team
5. Have a strategic vision at
the beginning