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Developing Entrepreneurial Skills: Daphne S. Leger
Developing Entrepreneurial Skills: Daphne S. Leger
Bagde
del curso
Entrepreneurial
Skills
Daphne S. Leger
Welcome
Getting into the world of
innovation
Who is this course for?
15 70%
What a Crisis Teaches
Us About Innovation
Ícono Ícono
● By panic:
To survive; if you don’t innovate, your company
could disappear.
● By purpose:
To evolve; build a reason to be that serves as a
guide to innovate.
Levels of innovation
Effort
Impact
Types of innovation
1) Design Thinking
2) Lean Startup
Design Thinking:
Don’t assume,
understand
(the user). What do
Desirable people
Human want?
What is What is
technically Feasible Viable financially
Technology Business
feasible for viable?
us?
Lean Startup:
Don’t talk, try Idea
(to ↓ risk, time, cost).
Learn Build
Lean
Startup
Cycle
Data Product
Measure
Types of innovators
Entre- Intra-
preneurs Both play preneurs
LEADERSHIP
roles
Have more Take less
FREEDOM RISK
Mentality of an innovator
● Context
● Problem/Opportunity
● Target user
● Impact
● Open vs. Closed
● Productive Constraints
Challenge Definition:
How might we?
● Products ● Tools
● Services ● Processes
● Clients ● People
● Environment ● ...
● Communication
Challenge Definition:
How might we?
● Context
● Problem/Opportunity
● Target user
● Impact
● Open vs. Closed
● Productive Constraints
Your turn:
What is an important/relevant
innovation challenge you want
to define for yourself?
Your challenge:
Share your innovation challenge
in the comments to get input &
review others’ to add your
feedback!
The importance of
empathy
Listening to your user
“A” Chairs
vs.
“B” Chairs
Empathy is the capacity to
understand or feel what
another person is experiencing
from within their frame of
reference, that is, the capacity
to place oneself in another's
position.
According to Wikipedia
Consider ALL the potential
“users” for your challenge
● Client
● Provider
● Employee
● Partner
● Community Member
● Etc...
Rule #1:
There are no facts inside
your building, so get out
of the building.
Steve Blank
Before jumping to the solution, you
have to understand the problem!
Don’t fall in love with the solution.
If I had an hour to solve a
problem, I would spend
55 minutes thinking
about the problem and 5
minutes thinking about
solutions.
Albert Einstein
Listening with empathy starts with
asking good questions
Breadth
Qualitative Quantitative
Depth
INNOVATION LAB | gravitytank collaboration with UC Berkeley Haas School of Business
There are lots of types of
“information” about your users
Breadth Database
Survey
Focus group
Interview Depth
INNOVATION LAB | gravitytank collaboration with UC Berkeley Haas School of Business
What do you need
to learn about?
BEHAVIORS What people do (specific activities).
● Immersion
● Digital ethnography
● Ethnographic interviews
● Etc...
Immersion
Digital ethnography
“Take a picture of
your route to
work.”
“Take a video of
“Register the “Document the process to
most stressful your favorite make an
moment of the part of your appointment in
day.” day.” the clinic.”
Ethnographic interviews
Tips for ethnographic interviews
“Why is this
important?”
Insight Example
Faces Everywhere
Think Big
▼50%
Tim Harford
You don’t have to come up with
completely original ideas...
Evidence:
Your challenge:
Think of an analogous context
that could provide inspiration
for your challenge and share it
in the comments!
Brainstorming
Brainstorming
● 1000 possibilities
● 100 viable ideas
● 10 concepts
● 1 innovation
Brainstorm “Rules”
Defer judgement
Brainstorm “Rules”
Defer judgement
Encourage wild ideas
Brainstorm “Rules”
Defer judgement
Encourage wild ideas
Build on the ideas of others
(“yes, and”… not “no, but”)
Brainstorm “Rules”
Defer judgement
Encourage wild ideas
Build on the ideas of others
(“yes, and”… not “no, but”)
Defer judgement
Encourage wild ideas
Build on the ideas of others
(“yes, and”… not “no, but”)
● Individually.
● Take a sheet of paper, divide it in 8 boxes.
● Draw/write 1 idea for your challenge in each
box.
● Select your favorite idea.
● Develop it further and/or share with the team.
Brainstorming Technique:
Crazy 8s
Brainstorming Technique:
What would x do?
Brainstorming Technique:
What would x do?
● Individually or as a team.
● Think of inspiration cases (companies, people,
brands, etc).
● Think of how THEY would solve your challenge.
● Develop the idea further!
Your challenge:
Share your challenge and one
idea you have.
Build on someone else’s idea
with the “yes, and…” method!
How to go from idea
to concept
Concepts
The
concept
Example of going from idea
to concept
1. The patient can start 2. Her cell phone
her mobile vibrates when it’s her
registration as soon as turn in each step of the
she arrives. clinical process.
Example of going from idea
to concept
3. Narrated videos 4. A quiz-like survey helps
explain each step and confirm she understood
its value. everything at the end of
her visit.
NAME
ICON
TAGLINE
Problem insight:
Value Proposition:
BIG
QUICK WINS
OPPORTUNITIES
Viable
NOT RIGHT
BIG BETS
NOW
Impactful
Who and what else is
out there?
Considering the outside world
Imagine...
Competition...
● Is a good sign
● Is always out there
Substitutes
Alternatives
The Status Quo
Comparison Tables
Comparison Tables
Your challenge:
Define an unexpected
“competitor” for your idea
and share it in the
comments.
Thinking about the
context
Context
Matters
Context Map Canvas
ECONOMY &
RULES & ENVIRONMENT
REGULATIONS
DEMOGRAPHIC
COMPETITION
TRENDS
YOUR
COMPANY
TECHNOLOGY CUSTOMER
UNCERTAINTY
TRENDS NEEDS
(Mega)trends
Trend Hunter
Example: trends in the
beverage industry
Decisions are being influenced by social media
Of people who drink non carbonated beverages
47% 31%
say content from family say groups and
and friends on social communities they are
networks is helpful in part of influence their
discovering new drinks. drink choices.
36% 30%
check ingredients when often choose a diet
buying a drink for the option.
first time.
Your
challenge
Guess the prototype
First Twitter
prototype
sketched by Jack
Dorsey.
Why should you prototype?
Interaction
Friendly Test Intro to Debrief
with
Welcome Purpose prototype with user
prototype
Build trust. Clarify Transition Actively Ask
intentions. from real observe questions
world to and give about likes/
tasks. dislikes/etc.
simulated
world.
How to prototype
ProtoTYPES
Storytelling
1. Build 2
2. Try 3
3. Learn 1
4. Iterate 4
What to do with the
results
Wednesday WED
12 12
Pivot
https://expertprogrammanagement.com/2018/10/business-model-canvas-explained/
Entrepreneurs don't write a
100-page business plan and
execute it one time; they're always
experimenting and adapting based
on what they learn.
Thomas Friedman
NOBODY
HAS
TIME TO
READ A
NOVEL
Advantages of the Business
Model Canvas
Key Customer
activities relationship
Cost Revenue
structure streams
The Business Model Canvas
Start
here
What do you
Value
proposition
do that is
special?
The Business Model Canvas
Customer
segment
Who do you
help?
The Business Model Canvas
Channels
How do you
reach them?
The Business Model Canvas
Key
activities How do you do
it?
The Business Model Canvas
What will it
cost you?
Cost
structure
The Business Model Canvas
Revenue
streams
How to capture value
Innovation is about
Creating &
Capturing VALUE
Creating & Capturing VALUE is
about:
Your business
model
Types of
Business Model
Manufacturer: A manufacturer makes finished products from raw materials. It may sell
directly to the customers or sell it to another business that sells it finally to the customer.
Distributor: A distributor buys products from manufacturers & resells them to retailers or
the public.
Retailer: A retailer sells directly to the public after purchasing products from a
distributor/wholesaler.
Distributor
Examples – Auto Dealerships.
Retailer
Examples – Walmart, Tesco.
Franchise
Examples – McDonald’s, Pizza Hut.
Subscription
Example: Netflix.
Freemium
Examples: Zoom, Dropbox, etc.
Advertisement
Examples: Youtube, Forbes.
Peer-to-peer Platform
Example: Airbnb allows transactions between hosts and
guests.
Online Marketplace
Examples – Amazon, Alibaba.
SOCIAL
One-for-one business model
Examples: TOMS Shoes, Warby Parker (donates eyeglasses)
Successful
Innovation
Resistance is Futile
Resistance is Human
ACHIEVED
SUCCESS
Another user!
Consider
Connect &
Convince
How do I convince?
Logos
Reason/logical proof
Pathos
Emotional Appeal
Ethos
Evidence of credibility
Ingredients for a Pitch
1) Start with the problem
Start here
Viable
Business
Desirable
Human
Feasible
Technology
3) Introduce Yourself
Many times people “buy” not the idea but the team
behind it.
What can you say about yourself/the team that
sells the idea.
This part can go here or at some other point in the
pitch.
Ethos
Establish credibility
Show evidence of your authority on the subject:
● Technical expertise
● Relevant education
● Personal experience
● Investigation you have done
4) Call to Action
Plato
Frugal Innovation
Improvised or
temporary solution
using limited resources.
Resourcefulness
Value Resources
Enemies of
Innovative
Thinking!
A habit
AUTOPILOT
If you always do what you've
always done, you'll always get
what you've always got.
Henry Ford
Your challenge: