The document discusses various entrepreneurial strategies including entry wedges, business-level strategy, and business models. It defines entry wedges as ways to gain access to an industry, such as through a new product or service, parallel competition with similar offerings, or franchising a proven business formula. The document also discusses strategies at the corporate, business, and functional levels as well as factors like first-mover advantages, industry life cycles, and using resources to assess opportunities.
Examine the concepts of the social entrepreneur and the social business
Explore the mind-set of social entrepreneurs
Introduce the concept of ecopreneurship
Define the term ethics and the implications for entrepreneurs
Examine environmental crime and its temptations for entrepreneurs
Examine cross-cultural concepts of ethics and corruption
Examine the ethics of criminal entrepreneurs and their similarities to other entrepreneurs
Focus on the challenges that face disadvantaged entrepreneurs
Examine the concepts of the social entrepreneur and the social business
Explore the mind-set of social entrepreneurs
Introduce the concept of ecopreneurship
Define the term ethics and the implications for entrepreneurs
Examine environmental crime and its temptations for entrepreneurs
Examine cross-cultural concepts of ethics and corruption
Examine the ethics of criminal entrepreneurs and their similarities to other entrepreneurs
Focus on the challenges that face disadvantaged entrepreneurs
Entrepreneurial Venture and Its ComponentsOfunre Iriobe
This slide discusses what makes an entrepreneurial venture different from regular businesses, and also highlights the components aspiring entrepreneurs need to pursue.
Ansoff's Matrix is a classic model of marketing and business strategy that business students can use very effectively in their exams. This revision presentation outlines the key features of the model.
Slides from my class on "Business Model and Strategy" in the Strategy MBA course at Aarhus BSS, Aarhus University (Sep 2014).
Key takeaways:
- business model describes the essence of business in simple terms;
- business model is different from and complementary to strategy;
- business model affects firm’s performance.
To explain the rationales for governmental policies that enhance and restrict trade
To show the effects of pressure groups on trade policies
To describe the potential and actual effects of governmental intervention on the free flow of trade
To illustrate the major means by which trade is restricted and regulated
To demonstrate the business uncertainties and business opportunities created by governmental trade policies
Entrepreneurial Venture and Its ComponentsOfunre Iriobe
This slide discusses what makes an entrepreneurial venture different from regular businesses, and also highlights the components aspiring entrepreneurs need to pursue.
Ansoff's Matrix is a classic model of marketing and business strategy that business students can use very effectively in their exams. This revision presentation outlines the key features of the model.
Slides from my class on "Business Model and Strategy" in the Strategy MBA course at Aarhus BSS, Aarhus University (Sep 2014).
Key takeaways:
- business model describes the essence of business in simple terms;
- business model is different from and complementary to strategy;
- business model affects firm’s performance.
To explain the rationales for governmental policies that enhance and restrict trade
To show the effects of pressure groups on trade policies
To describe the potential and actual effects of governmental intervention on the free flow of trade
To illustrate the major means by which trade is restricted and regulated
To demonstrate the business uncertainties and business opportunities created by governmental trade policies
Global Business Strategies for the EntrepreneurMatthew Chan
http://theintrepidway.com - I was a guest speaker in a University of Phoenix business course. I was invited to share my views as a small business owner/entrepreneur working in the international environment. Some of the material was based on my first book "The Intrepid Way" written in 2003 and later updated in 2006.
Go BIG!
Strategies for Entrepreneurial Success
Have you wondered if entrepreneurship is right for you. Do you already have a business but are not sure how to make it big? If you want to learn more about the entrepreneurial journey, join motivational speaker and entrepreneurial educator, Michelle Neujahr as she leads you to embrace the entrepreneurial mindset and uncover your own plan for success. You will be challenged to go BIG – to think BIG, plan BIG and act BIG. This program offers strategic advice and encouragement for starting and growing a small business.
The company founder effectively life-hacked a $billion dollar OTC product and was awarded 6 patents for it. The funds raised were to prove efficacy and will probably be the only funding required before licensing.
We took a highly technical breifing and created a story that is both understandable and informative. We developed the brands, strategy, copy, graphics, and put together the deck and arranged key meetings with investors.
www.wildoutwest.com
http://turnkeyinvesting.com - This seller-financing/owner-financing presentation was first created in late 2007 during a special 3-hour session of the Investors Roundtable. I also gave an abbreviated version of this presentation in 2009.
The slides were much wordier than I had intended and meant as a reference afterwards.
Every day, every conversation we have is improvisation. But it’s more than just being able to think quickly on your feet. The basics of improv are all about relationship building, problem solving, and more effective communication overall. How can you put improv to work in your business life?
The Role of Multilateral Development Banks (MDBs) in the 2030 AgendaMarc-Anton Pruefer
This presentation provides: i) an overview of the 2030 Agenda and the Sustainable Development Goals (SDGs), ii) the order of magnitude of the associated financing needs, iii) the sources of development finance, focusing on iv) Multilateral Development Banks (MDBs) and their financing instruments, and v) a comparison of the major MDBs. It is targeted at both laypeople and professionals and seeks to convey a “big picture” of what Development Finance is, why the SDG period (2016-2030) is different from the MDG period (2000-2015), and what the role of different MDBs could be in achieving the 2030 Agenda.
Successful companies always formulate effective marketing strategies by adopting approaches like;
Having a strategic focus based on developing and sustaining a profitable customer base
Increasing sales and market shares
Targeting committed and profitable customers
Bench-marking and targeting competitors
Focusing on a greater commitment to innovation
Marketing definition and core concepts that how marketing affects the business and what are the channels of different Marketing. This presentation gives you he detailed information about 4 P's of Marketing Mix with Product development life cycle and Product Policy. It also shows strategies of Marketing with interactive examples. This will definitely help you to lead to keen interest in Marketing.
Strategic Planning
Unrestricted
“the managerial process of creating and
maintaining a fit between the organization’s
objectives and resources and the evolving
market opportunities”
What is strategic planning?
• Goal:
• Long-term growth and profitability
• Addresses two questions:
• What is the organization’s main activity
(currently)?
• How will it reach its goals?
Strategic planning
• A subgroup of a single business or a collection of
related businesses within the larger organization
Strategic business units
• Each SBU has:
• A unique target market
• Control over its resources
• Its own unique competitors
• A unique strategic plan
• May have its own accounting, R&D,
manufacturing, marketing
Strategic business units
Strategic alternatives - tools
Ansoff’s strategic opportunity matrix
The innovation matrix
• Yellow:
• Core Innovation
• Uses existing assets
• Ex: Tide Pods
• Orange:
• Adjacent Innovation
• Uses existing abilities in new ways
• Ex: Crest Whitestrips
• Red:
• Transformational Innovation
• New markets, new products, new businesses
• Ex: Uber/Lyft
The innovation matrix
Core Innovation
Next year’s car
Adjacent Innovation
Electric car
Transformational
Innovation
App-based taxi service
The innovation matrix
• Portfolios: SBUs will have a range of performance
in terms of growth and profitability
• This matrix organizes each SBU by their present or
future growth and market share
• Relative market share:
• The ratio between the company’s market share and the
share of the largest competitor
Boston Consulting Group’s Portfolio Matrix
Boston Consulting Group’s Portfolio Matrix
Boston Consulting Group’s Portfolio Matrix
Build Build or Harvest
Hold or Harvest Divest
Boston Consulting Group’s Portfolio Matrix
The General Electric Model
• Ansoff’s Matrix:
• Helps you choose between current options (the
present market and what you can currently offer)
and new options (a new market and/or new
products)
• Innovation Matrix:
• Illustrates how opportunities change as you move
away from core capabilities
• Boston Consulting Matrix:
• Helps you analyze the performance of a portfolio of
SBUs
• General Electric:
• Adds more nuance to the Boston Consulting matrix
When to use what?
• Based on the company or SBU’s strategy,
managers can now create a marketing plan
• Process of anticipating future events and determining
strategies to achieve organizational objectives in the
future
Planning
• Designing activities relating to marketing objectives and
the changing marketing environment
Marketing planning
• Written document that acts as a guidebook of
marketing activities for the marketing manager
Marketing plan
The Marketing Plan
• To provide clearly stated activities that help
employees and managers understand and work
toward common goals
• To allow the examination of the marketing
environment in conjunction with the inner
workings of the businesses
• To help marketing ma.
Diversification strategy ( megha and rakesh)Rakesh Kumar
this ppt is regarding how a company or business can use strategy of diversification its business.there are basically two types of diversification strategy which are adopt by business.
This presentation was delivered to MBA / MSc Eco students of a leading university in Karachi. Presentation includes various aspects of gold trade of current age.
The talk was delivered at MAJU on 3rd July 2013 at 0730 PMby Mr Fahim Akhtar. It covers stock market mechanism and is beneficial for stock market employees,stock analyst, bankers, fund managers and students of MBA as well as economics
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
3. Entry wedges
An entry wedge in business not more different than making a wedge for
your venture in an industry
4. Entrepreneurship and strategy
• “The patterns of decisions that shape the venture’s internal
resource configuration and deployment and guide alignment
with the environment.”
• “Patterns of decisions” means both strategy formulation and
strategy implementation.
9. Business models and strategy
• Who are the customers?
• What do the customers value?
• How does our business make money?
• What is the underlying economic logic of the venture?
11. Business models
Business Model Name Business Model Story
Business to Business (B2B) Selling to commercial organizations
directly
Business to Customer (B2C) Selling to final users and consumers
directly
Business to Business to
Customer (B2B2C)
Selling to commercial organizations and
then selling
through directly to final users and
consumers
Clicks and Bricks Selling through both the Internet and
traditional business
location with a physical presence
Mash-ups Selling a Web-based application that
mixes data from
different online sources
12. Major Wedges
• New product or service
• Parallel competition
• Franchising
13. New product or service
• Most potent entry wedge
• Truly new products and services are relatively rare.
• Typically, new products have a lower failure rate than new
services, primarily because most service organizations face
lower entry barriers.
• Ventures that initially offer a new product sometimes follow
up with a related service
• Success with this strategy requires a concentrated effort at
being comprehensive and innovative
14. Parallel Competition
• “me too” strategy that introduces competitive duplications
into the market.
• These duplications are parallel, not identical, to existing
products or services.
• can be done with a small innovation or a variation in an
already well accepted and well-understood product line or
service system.
• Most retailing start-ups, for example, enter with the parallel
competition wedge
15. Franchising
• Twist on both the new product and me-too wedges
• Franchising takes a proven formula for success and expands it.
• For the franchisor, franchising is a means of
• Expanding by using other people’s money, time, and energy to
sell the product or service.
• Franchisee is pursuing a me-too strategy
16. Rent seeking
• In economics and in public-choice theory, rent-seeking
involves seeking to increase one's share of existing wealth
without creating new wealth
17. FIRST-MOVER AVANTAGES
In marketing strategy, first-mover advantage, or FMA, is
the advantage gained by the initial ("first-moving") significant
occupant of a market segment.
18. Sources of First-Mover Advantage
• Having prime physical locations
• Having technological space
• Having customer perceptual space
• Having an industry with standard setting
• Developing switching costs
• Generating lead time and learning