Introduction to Seminar Session 1 Aug 17 use this.pptx
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Introduction to Seminar Session 1 Aug 17 use this.pptx
- 1. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Welcome to the 1st of the Fall 2022 Duke MEM Seminar Speaker Series Duke MEM Seminar Series Session 1: Kickoff Kevin M Wright
- 11. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright 1. Begin with the punch line • Strive to be a Champion and be Remarkable 2. Discuss the concept of • “Co-Creation of Value” • Transformation / Active Learning 3. Call to action Objectives For Today
- 12. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Here are the key take-a-ways from today • Do you want to be a champion , remarkable ? • The seminar is about the PRINCIPLES you need to compete , especially in the future • Hard work (if was easy, anyone could do it) • Patience (balance short / long term goals) • Shift Paradigms (passive learning active learning • It is a journey and requires a “Roller Coaster” attitude • Seminar will be a call to action to help enable you to get started and grow.
- 15. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright “Now stay calm….. Let’s hear what they said to Kevin” Successes and Failures Intrapreneurial Endeavors Kevin Future Intrapreneurs Intrapreneurial Endeavors Kevin Future Intrapreneurs
- 19. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Purple Cow and the Importance of Being Remarkable
- 21. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright “Sizing the market for a disruptor based on an incumbent’s market is like sizing a car industry off how many horses there were in 1910.”
- 22. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Because we believe the principles are relevant both in a corporate and a personal perspective Because we want to be a “difference maker” Because we think we can provide value in helping you to define and implement your own unique success objectives From Kevin / Faculty’s Perspectives
- 23. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Because I have to be here I don’t know why I need this I need to check off a box I just want the basics Typically What A Lot of Students Will Say
- 24. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright What to think ? What to think ? How to think Shift primary focus from the “who” or “what” to the “why” Give you the building blocks to attack almost any challenge and a foundation to grow your skills Key Points
- 26. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Place Holder for Seminar Schedule
- 27. •Learn critical skills from dedicated experts •Develop professional skills through a weekly seminar and workshop series. Seminar Series Important to Note: The Duke MEM Seminar and Workshop Series has been a critical and very successful element of the Duke MEM program. Building on this foundation to take it to its next level
- 28. •Learn critical skills from dedicated experts •Develop professional skills through a weekly seminar and workshop series. Seminar Series
- 29. •Learn critical skills from dedicated experts •Develop professional skills through a weekly seminar and workshop series. Seminar Series
- 30. Holistic Approach – Integrate within Duke Ecosystem
- 31. •Learn critical skills from dedicated experts •Develop professional skills through a weekly seminar and workshop series. Seminar Series
- 40. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright “Hey! They’re lighting their arrows! Can they do that?” © Marc Sniukas - Doujak Corporate Development
- 43. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Excellence The persistent pursuit of excellence determines winners, not the score of the game. To be excellent, you must be yourself. Do the very best that you can do. In giving your best every day, improvement will come naturally. Giving your all makes you better; it’s that simple. - Coach K
- 44. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Excellence The persistent pursuit of excellence determines winners, not the score of the game. To be excellent, you must be yourself. Do the very best that you can do. In giving your best every day, improvement will come naturally. Giving your all makes you better; it’s that simple. - Coach K
- 45. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Multiple Things to Watch, Limited Capability to See NC State MBA 550 Spring 2016 Class 1 -
- 48. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Value of Principles Based Thinking
- 49. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Value of Principles Based Thinking
- 52. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Increasing Level of Complexity Problem Solving From a Continuum Perspective Let’s Look At Disney as an Example
- 53. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Disney = Mickey Mouse + Disney Land Increasing Level of Complexity Problem Solving From a Continuum Perspective
- 54. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Disney = Understanding the Entire Ecosystem Increasing Level of Complexity Problem Solving From a Continuum Perspective
- 56. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Readily available / non-differentiated Requires effort / insightful , differentiated
- 59. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright “The real difficulty in changing the course of any enterprise lies not in developing new ideas, but in escaping old ones.” – John Maynard Keynes “Everyone wants to grow; most people are just unwilling to change in order to do so.” – Anonymous “Today’s successful business leaders will be those who are most flexible of mind. They will have the ability to embrace new ideas and routinely challenge old ones. They will be alert to learning from others and quickly adapt from the best.” – Tom Peters “A problem cannot be solved by the same consciousness that created it.” – Albert Einstein
- 60. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Foresight is “a university human capacity which allows people to think ahead and consider, model, create and respond to, future eventualities” (Foresight International, 2006).
- 61. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright World Change is Accelerating Embrace Change for Competitive Advantage
- 62. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright “Hey! They’re lighting their arrows! Can they do that?” © Marc Sniukas - Doujak Corporate Development
- 69. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright How to Get There Internal and External Factors New Target
- 70. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Multidisciplinary: people from different disciplines working together, each drawing on their disciplinary knowledge. Interdisciplinary: integrating knowledge and methods from different disciplines, using a real synthesis of approaches.
- 76. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Business Engineering is a technique in which traditional engineering principles are applied to the business world. This technique relies heavily on science and math, which is in direct contrast to traditional business models, many of which are largely theoretical. The goal of business engineering is to produce measurable results or quantifiable data rather than just an arbitrary improvement or change. Unlike many other business models, business engineering focuses on a holistic approach to problem solving. Rather than simply address different aspects of the business individually, business engineering professionals concentrate on the interaction between different factors within the company and how they impact one another. The field of business engineering developed primarily to fill the gap between the management and technical or business teams within a company. Many of the qualities that make individuals successful in technical fields also leave them ill-equipped to handle leadership positions, and vice versa. Management may have difficulty translating their plans to technical teams, who may in turn find it challenging to develop products and solutions to carry out these plans in the real world. Business engineering acts as a bridge between these two areas, and is designed to help a company not only develop effective goals, but also techniques for carrying out these goals as efficiently as possible. This may require changes in every area of the company, from marketing to business, to computer systems. Many see business engineering as a means of generating continuous improvement. For example, a company looking to increase productivity may initiate incentives and bonus plans, then quantify exactly how these methods helped the business reach its goals. As new data becomes available, the company can continuously adjust incentive plans or add resources based on results. The same principles can be used to increase market share, improve morale, or simply maximize profit. Due to the relatively complex nature of this field, some colleges and universities have created special programs to prepare candidates for a business engineering career. These programs combine traditional business courses with scientific and technical coursework to give students a strong understanding of both fields. Graduate level degrees are also available for candidates with experience in either of these areas who wish to expand their skills and job prospects. What is Business Engineering ?
- 80. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright Where You Want to Be What Is Strategy
- 81. Duke MEM Seminar Series Session 1 : Kickoff Kevin M Wright * “Strategy: Process, Content, Context” 3rd edition De Wit & Meyer Thomson Learning 2004