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High-­‐Tech	
  Business	
  Venturing	
  
(HTBV)	
  
Class	
  #02:	
  Feasibility	
  analysis	
  
PolyPower	
  Q&A;	
  Guest	
  lecture	
  
February	
  28,	
  2014	
  
In	
  collabora*on	
  with:	
  	
  
Today’s	
  topics	
  
•  Recap	
  of	
  previous	
  class	
  
– Modeling	
  an	
  idea	
  
– Prototyping	
  an	
  opportunity	
  
•  Assessing	
  feasibility	
  
•  Q&A	
  session	
  with	
  Danfoss	
  PolyPower	
  
•  Guest	
  lecture	
  by	
  Joost	
  Maarse	
  (Grundfos)	
  
– Feasibility	
  analysis	
  
– Customer	
  development	
  
Recap	
  
•  Opportunity	
  and	
  idea	
  modeling	
  
•  Super	
  hunch	
  sketch	
  pad	
  
4	
  
IteraSon!	
  
Source:	
  www.theinnographer.com	
  
Assessing	
  feasibility	
  
•  Proposal	
  MUST	
  be	
  feasible	
  
–  Industrial;	
  CompeSSve;	
  Technical;	
  Market;	
  OperaSonal;	
  
Legal;	
  Financial;	
  Commercial	
  
•  If	
  not:	
  	
  
–  Adept	
  or	
  abandon	
  your	
  plan	
  
–  (Assume	
  that	
  it	
  will	
  be	
  feasible)	
  
•  Industry	
  analysis	
  
–  AXracSveness	
  of	
  industry	
  
•  Characterizing	
  demand	
  
–  RealisSc	
  esSmates	
  &	
  nuances	
  in	
  demand	
  
–  Self-­‐reports	
  may	
  be	
  unreliable	
  
•  Stated	
  preferences	
  vs.	
  ulSmate	
  purchases	
  
Q&A	
  with	
  Danfoss	
  PolyPower	
  
Basic	
  sensor	
  
element	
  
Bending	
  and	
  angle	
  
Bending	
  and	
  angle,	
  
compensated	
  
Force	
  or	
  pressure	
  
Pressure	
  distribuSon,	
  	
  
array	
  of	
  sensors	
  
Shear	
  (force)	
  
Compensated	
  shear	
  force	
  
Angle	
  and	
  torque	
  
PosiSon	
  and	
  displacement	
  
Strain	
  with	
  off-­‐axis	
  decoupling	
  
Guest	
  lecture	
  
•  Joost	
  Maarse	
  
– InnovaSon	
  &	
  Business	
  graduate	
  
– Entrepreneur	
  
– Business	
  Developer	
  at	
  Grundfos	
  
Next	
  week:	
  Class	
  #05	
  
•  Coaching	
  session	
  
–  Date:	
  Friday,	
  March	
  7	
  
–  Time:	
  09:15-­‐12:00	
  
–  LocaSon:	
  U303	
  
•  Submit	
  progress	
  report	
  
•  Recent	
  progress;	
  current	
  plan	
  and	
  next	
  steps;	
  open	
  
quesSons	
  and	
  issues	
  (agenda)	
  
•  Wednesday,	
  March	
  5;	
  09:00	
  (Blackboard)	
  
•  March	
  14:	
  PresentaSon	
  of	
  business	
  opportunity	
  
–  At	
  Danfoss	
  PolyPower	
  in	
  Nordborg	
  

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20140228 htbv.pptx

  • 1. High-­‐Tech  Business  Venturing   (HTBV)   Class  #02:  Feasibility  analysis   PolyPower  Q&A;  Guest  lecture   February  28,  2014   In  collabora*on  with:    
  • 2. Today’s  topics   •  Recap  of  previous  class   – Modeling  an  idea   – Prototyping  an  opportunity   •  Assessing  feasibility   •  Q&A  session  with  Danfoss  PolyPower   •  Guest  lecture  by  Joost  Maarse  (Grundfos)   – Feasibility  analysis   – Customer  development  
  • 3. Recap   •  Opportunity  and  idea  modeling   •  Super  hunch  sketch  pad  
  • 4. 4   IteraSon!   Source:  www.theinnographer.com  
  • 5. Assessing  feasibility   •  Proposal  MUST  be  feasible   –  Industrial;  CompeSSve;  Technical;  Market;  OperaSonal;   Legal;  Financial;  Commercial   •  If  not:     –  Adept  or  abandon  your  plan   –  (Assume  that  it  will  be  feasible)   •  Industry  analysis   –  AXracSveness  of  industry   •  Characterizing  demand   –  RealisSc  esSmates  &  nuances  in  demand   –  Self-­‐reports  may  be  unreliable   •  Stated  preferences  vs.  ulSmate  purchases  
  • 6. Q&A  with  Danfoss  PolyPower   Basic  sensor   element   Bending  and  angle   Bending  and  angle,   compensated   Force  or  pressure   Pressure  distribuSon,     array  of  sensors   Shear  (force)   Compensated  shear  force   Angle  and  torque   PosiSon  and  displacement   Strain  with  off-­‐axis  decoupling  
  • 7. Guest  lecture   •  Joost  Maarse   – InnovaSon  &  Business  graduate   – Entrepreneur   – Business  Developer  at  Grundfos  
  • 8. Next  week:  Class  #05   •  Coaching  session   –  Date:  Friday,  March  7   –  Time:  09:15-­‐12:00   –  LocaSon:  U303   •  Submit  progress  report   •  Recent  progress;  current  plan  and  next  steps;  open   quesSons  and  issues  (agenda)   •  Wednesday,  March  5;  09:00  (Blackboard)   •  March  14:  PresentaSon  of  business  opportunity   –  At  Danfoss  PolyPower  in  Nordborg