This document discusses how to develop creative business models. It provides advice on securing a competitive edge, dealing with imitators, preparing for technological and economic changes. It emphasizes focusing on entrepreneurship rather than just business administration. Modular entrepreneurship and idea-based business models are recommended. Developing a business model that fits one's values and lifestyle is important for success. The document advocates emphasizing entrepreneurship education and looking to the future of post-industrial and modular economies.
Entrepreneurship 1: Introduction, Identifying Ides & Business OpportunitiesBernard Leong
The first of my course touches on the definition on entrepreneurship, the different forms of entrepreneurship, how countries measure growth of entrepreneurship activity, and the first toolkit: how to identify ideas and business opportunities. We also provide some interesting case studies for example, Aravind Eye Centre for social entrepreneurship. This is a series based on a course "MPS 812: Entrepreneurship" I have been teaching in School of Physical & Mathematical Sciences, Nanyang Technological University.
Entrepreneurship 1: Introduction, Identifying Ides & Business OpportunitiesBernard Leong
The first of my course touches on the definition on entrepreneurship, the different forms of entrepreneurship, how countries measure growth of entrepreneurship activity, and the first toolkit: how to identify ideas and business opportunities. We also provide some interesting case studies for example, Aravind Eye Centre for social entrepreneurship. This is a series based on a course "MPS 812: Entrepreneurship" I have been teaching in School of Physical & Mathematical Sciences, Nanyang Technological University.
These are slides from my talk at Founder Institute's opening session in Finland. They don't work well w/o speech. Quick and dirty. Perhaps the most interesting part is the quick-and-dirty opportunity evaluation framework ... or not. Enjoy!
Ken Morse "Innovate or Die" - 22 of March 2012 - ESADECREAPOLIS Esade Creapolis
Open Conference: "Innovate or Die" - 22 of March 2012
Never let a crisis go to waste: today, corporations feel the innovation imperative. But how best to act?
Come hear Ken Morse share his experience on how companies, large and small, can organize themselves to achieve both incremental and radical innovation.
-----------------------------------------------
KENNETH P. MORSE:
• Founding Managing Director, MIT Entrepreneurship Center
• Chair in Entrepreneurship, Innovation and Competitiveness,
Delft University of Technology
• Visiting Professor, ESADE Business School
• Chairman, Entrepreneurship Ventures, Inc.
• Commercialization Advisor, Dynasil Corporation
• Serial Entrepreneur
• Bachelor of Science, MIT
• MBA, Harvard Business School
Role of Service Design in Fortune 500 Corporate Teams: Service Design Network...Mike Pinder
How do corporate innovation teams de-risk projects across the innovation process in relation to service design? How does service design address high level early stage uncertainty for corporate start-up teams? Does service design function as an effective stand-alone discipline for corporate start-ups?
Service Design Meetup talk hosted at Board of Innovation, Antwerp, Belgium 30th October 2019.
John Stuppy EDUMETRIX maximizing growth value sale of your businessEDUMETRIX
Discover ways to maximize the value and growth of your business. Strategies to land funding, grow your business fast and prepare yourself for the best exit / sale.
Entrepreneurship Summit 2015 - Workshop: "Integration von Teams"Wir sind das Kapital
Die Präsentation von Eric Lynn, Coach für integrierte Führung, von seinem Workshop "Integration von Teams" auf dem Entrepreneurship Summit 2015 in Berlin.
These are slides from my talk at Founder Institute's opening session in Finland. They don't work well w/o speech. Quick and dirty. Perhaps the most interesting part is the quick-and-dirty opportunity evaluation framework ... or not. Enjoy!
Ken Morse "Innovate or Die" - 22 of March 2012 - ESADECREAPOLIS Esade Creapolis
Open Conference: "Innovate or Die" - 22 of March 2012
Never let a crisis go to waste: today, corporations feel the innovation imperative. But how best to act?
Come hear Ken Morse share his experience on how companies, large and small, can organize themselves to achieve both incremental and radical innovation.
-----------------------------------------------
KENNETH P. MORSE:
• Founding Managing Director, MIT Entrepreneurship Center
• Chair in Entrepreneurship, Innovation and Competitiveness,
Delft University of Technology
• Visiting Professor, ESADE Business School
• Chairman, Entrepreneurship Ventures, Inc.
• Commercialization Advisor, Dynasil Corporation
• Serial Entrepreneur
• Bachelor of Science, MIT
• MBA, Harvard Business School
Role of Service Design in Fortune 500 Corporate Teams: Service Design Network...Mike Pinder
How do corporate innovation teams de-risk projects across the innovation process in relation to service design? How does service design address high level early stage uncertainty for corporate start-up teams? Does service design function as an effective stand-alone discipline for corporate start-ups?
Service Design Meetup talk hosted at Board of Innovation, Antwerp, Belgium 30th October 2019.
John Stuppy EDUMETRIX maximizing growth value sale of your businessEDUMETRIX
Discover ways to maximize the value and growth of your business. Strategies to land funding, grow your business fast and prepare yourself for the best exit / sale.
Entrepreneurship Summit 2015 - Workshop: "Integration von Teams"Wir sind das Kapital
Die Präsentation von Eric Lynn, Coach für integrierte Führung, von seinem Workshop "Integration von Teams" auf dem Entrepreneurship Summit 2015 in Berlin.
Auf dem Entrepreneurship Summit 2016 hielt Prof. Günter Faltin eine interessante Keynote zum Thema konzept-kreativem Entrepreneurship und den Aufbruch in eine intelligentere Ökonomie.
Entrepreneurship Summit 2015: Keynote von Prof. Dr. Günter FaltinWir sind das Kapital
Die Keynote Präsentation "Wir sind das Kapital - Aufruf zu einer intelligenteren Ökonomie" von Prof. Dr. Günter Faltin auf dem Entrepreneurship Summit 2015 in Berlin.
Transforming businesses through design maria niiniharju, idean, part of capge...Capgemini
Design Thinking can lead to measurable business value very fast - lowering development costs, improving efficiency, driving adoption, improving brand recognition and also driving employee engagement. However, lasting value often requires a cultural transformation and approaching business challenges more holistically - this is where design-led transformation truly pays off. How can human centric approach make the biggest, boldest impact in 2018 and beyond?
Stiftung Entrepreneurship - Labor für Entrepreneurship 17. Juli 2014Wir sind das Kapital
Erfolgreich zu gründen braucht gute und intensive Vorbereitung. Das Labor für Entrepreneurship zeigt Wege auf, wie wir systematisch aus einer Anfangsidee ausgereifte und in allen notwendigen, auch betriebswirtschaftlichen Aspekten durchdachte Business Modelle entwickeln können.
Entrepreneurship Summit 2013 in Berlin: Präsentation der Impulsgruppe "Konzep...Wir sind das Kapital
Die Präsentation der Impulsgruppe "Konzept-kreatives Gründen mit künstlerischer Perspektive" von und mit Thomas Fuhlrott, Dr. Katja Birkenbach und Julia Theek auf dem Entrepreneurship Summit 2013 in Berlin.
Entrepreneurship Summit 2013 in Berlin: Präsentation "BEYOND THE UNIVERSITY. ...Wir sind das Kapital
Die Präsentation "BEYOND THE UNIVERSITY. WHAT COMES NEXT?" von Prof. Shulamit Bruckstein Çoruh in dem Workshop "Cultural Entrepreneurship" auf dem Entrepreneurship Summit 2013 in Berlin.
Die Präsentation "Regionales Online Marketing. Neukundengewinnung mit der lokalen Suche" von Thorsten Piening auf dem Entrepreneurship Summit 2013 in Berlin.
Keynote "Innnovationsgeheimnis" von Matthias Horx beim Entrepreneurship Summi...Wir sind das Kapital
Das Video finden Sie hier:
https://www.entrepreneurship.de/artikel/keynote-von-matthias-horx-entrepreneurship-summit-2013-in-berlin/
Sehen Sie hier noch einmal die Keynote Ansprache von Matthias Horx auf dem Entrepreneurship Summit 2013 in Berlin. Matthias Horx gilt als einflussreichster Trend- und Zukunftsforscher im deutschsprachigen Raum. Seine Bücher wie „Anleitung zum Zukunftsoptimismus” oder „Das Buch des Wandels” wurden Bestseller. Seit 2007 lehrt er Prognostik und Früherkennung als Dozent an der Zeppelin-Universität in Friedrichshafen.
Entrepreneurship Summit 2013:
Auf dem Entrepreneurship Summit 2013 haben mehr als 1500 Besucher die Möglichkeit in zahlreichen Erlebnis-Workshops und über 40 Impulsgruppen alles über Entrepreneurial Design, Gründen aus Komponenten, Social Innovation, Crowdfunding, Entrepreneurial Marketing und Serial Entrepreneurship von über 150 Experten zu erfahren.
Entrepreneurship Vorlesung von Prof. Faltin am 16.05.12
Youth Entrepreneurship Summit 2012
1. How to develop creative business models
Dr. Guenter Faltin
Stiftung Entrepreneurship
Source: Faltin 2012
2. Business ist wie Rock‘n Roll
Buchtitel von Richard Branson‘s Autobiographie
3. The essence of entrepreneurship
is being different.
Marc Casson
Source: Faltin 2012
4. From an initial idea
to a well developed concept
Source: Faltin 2012
5. Founded in 1985
20 employees
Break-even from the beginning
Turnover in 2011: 9.5 m. Euro
Over 200.000 customers
93% of them got to know the company by word-of-mouth
Biggest mail order tea house in Germany
Biggest importer of darjeeling tea in the world
Source: Faltin 2012
7. The Business Model:
• Function, not convention
• High-Tech, High-Touch
(a virtual office with a personal secretary)
As a result, the company has cost savings of 90%
Operates more than 5000 offices
350 employees
Successful from the start,
despite difficult market environment
www.ebuero.de
Source: Faltin 2012
8. Criteria for an excellent business model
1. Secure a competitive edge
2. Have a concept how to deal with imitators
(“me-too“ business models)
3. Prepare for technological obsolescence
4. Prepare for economic obsolescence
Source: Faltin 2012
9. The European Paradox
Mountains of research findings and patents
- but few people making use of it
Ejermo and Kander, 2006,
Audretsch, 2007
Source: Faltin 2012
10. Success Factors for Start-Ups
„raw material“ business model the market
business
Inventions, developing
administration, economic
research findings, and refining
acceptance by success
new technologies, a business
customers,
new ideas model
competition
economic
failure
11. The Golden Opportunity
Emphasize on entrepreneurship!
(The production facilities are located in developing countries anyway)
Source: Faltin 2012
12. Don‘t emphasize too much on technology,
Look at the market!
Glorianna Davenport
MIT Media Laboratory
Source: Faltin 2012
13. The new paradigms of entrepreneurship
1. idea-based business models
2. focusing on entrepreneurship,
not business administration
3. applying modular entrepreneurship
Source: Faltin 2012
14. Criteria for a High Potential Entrepreneurial Design
• Scalability
• Simplicity
• Minimize risk
experimental pre-start
intelligent prototyping
Source: Faltin 2012
15. Most entrepreneurs succeed
by pursuing ideas
that are not only sound business opportunities
but also fit with
their personal criteria, desired life style
and values
Karl H. Vesper
Source: Faltin 2012
16. New perspectives of entrepreneurship
1. idea-based business models
2. focus on entrepreneurship,
not business administration
3. modular entrepreneurship
Source: Faltin 2012
17. Workload Reduction Management
Business-to-Business-Marketing
Traditional descriptions of
Strategisches Management
Risk management Rechnungswesen 1
Einführung requirements
Theorieknowledge der Mitarbeiterführung
und Praxis Public relations
Marketing für Existenzgründer
accounting
reading a balance sheet Outsourcing
Überblick über das deutsche Unternehmensrecht
controlling
Einführung in Arbeitsrecht
Interkulturelles Managem
Wie organisiere ich problemsinstitutions
negotiating with financial
meine Gründung richtig?
Steuerliche Probleme die busy-Software.
Einführung in für Gründer
legal
Finanzplanung Research and Development
professional experience in the field of the business
Welche Steuern muss ich zahlen?
Unternehmen und Organisation
SWOT-Analyse managingteam spiritmein Unternehmen finan
Wie kann ich
employees
Zielgruppenanalyse
Boring People negotiating with suppliers
Reduction Management
creating
ve-Forces-Analysekeeping inventoryund Anreizsysteme
Vergütungs- on hand
Internationaler Zahlungsverkehr
Datensicherungssysteme
Mitarbeitermotivation
equipment maintenance
Förderrichtlinien der deutschen Ausglei
Datenbankmanagment
marketing skills
Businesswith customers
communicating Plan
Controlling to complaints of supervision str
reacting und Qualitätssicherung
Increase complexity and loss
representing the company in the public and media
Source: Faltin 2012
18. There are millions of masters of business
administration,
but only few masters of new concepts.
Source: Faltin 2012
19. The art and science
of being a modern entrepreneur
Awareness for new trends
Recognizing new developments
- in technology
- in competition and market environment
Creating new innovative concepts
Managing their implementation
Creating enthusiasm, curiosity, humor, a sense of joy, optimism
in his or her company
Source: Faltin 2012
20. New perspectives of entrepreneurship
1. idea-based business models
2. focus on entrepreneurship,
not business administration
3. modular entrepreneurship
Source: Faltin 2012
21. The Entrepreneur as a composer
the example: RatioDrink
Use Business
components!
Administration
Projektwerkstatt GmbH
Source: Faltin 2012
23. Entrepreneurship by components
Almost no investment
Almost no fixed costs
There are costs only when sales occur
From the beginning professional and highly efficient,
virtual and global
Source: Faltin 2012
24. Do you know how to build
an industrial complex?
Source: Faltin 2012
25. Auf welche anderen Produkte könnte man das
Konzept Teekampagne übertragen?
10 Min. mit dem Nachbarn besprechen
Source: Faltin 2012
26. If people understood economics,
there would be a revolution by tomorrow.
Karl Marx 2011 Henry Ford
Henry Ford on
based
Henry Ford
Source: Faltin 2012
27. The development of an innovative
entrepreneurial idea is,
above all, a creative process.
Its engineering is comparable
to an artistic creative act.
Karl H. Vesper
Source: Faltin 2012
28. In the post-industrial age
the entrepreneur is more
like an artist –
in a sense that he is open-minded to
new perspectives, avenues and visions.
Source: Faltin 2012
30. Trailblazing thinkers and inventors are changing the world by
stepping into an idea space where ideas from different cultures
and fields meet and collide, ultimately igniting an explosion of
extraordinary new discoveries.
The term „Medici Effect” is referring to the remarkable burst of
creativity enabled by the Medici banking family in Renaissance
Italy.
Frans Johansson,
Harvard Business School Press.
Source: Faltin 2012
31. We need business models
based on post-industrial values
Source: Faltin 2012
35. Link to the people,
avoid the context of commercialization
Source: Faltin 2012
36. Just to remind us:
Culture is the base of everything
Source: Faltin 2012
37. Most entrepreneurs succeed
by pursuing ideas
that are not only sound business opportunities
but also fit with
their personal criteria, desired life style
and values
Karl H. Vesper
Source: Faltin 2012
42. Create something original that stands out,
something with a lasting value.
Above all, you want to be proud of your product.
Such was my business philosophy .
Richard Branson
Source: Faltin 2012
43. Find ways of attracting attention
In modern society the media are the key
for attracting attention;
paid advertisements are a poor and expensive substitute.
Use your personal background,
the innovative aspects of your product
Play as unconventional, as unorthodox as possible
Source: Faltin 2012
44. The message:
You can go to the beach
we will take care of your office
Source: Faltin 2012
45. The modern entrepreneur has more in common
with an artist
than with the traditional business manager
Source: Faltin 2012
46. The trick is creativity, simplicity and vision.
Take a different view of the world.
Be curious, learn and free yourself
of conventional rules.
Source: Faltin 2012
47. We need „creative destruction“ of an economy
which is driven by greed, unsustainable use of
resources and exploitation of the weaknesses of
people
and their sense of inferiority.
Source: Faltin 2012
48. Let‘ s allow our ideas
to shape a better world
Source: Faltin 2012