ENTREPRENEURSHIP Lecture No: 16 BY CH. SHAHZAD ANSAR.

Slides:

Advertisements

Similar presentations

Model Q Involves combining Teaching domains: mental, physical, affective and Teaching Methods (Delivery Style): Teacher led (Didactic), Student led (Self-Learning)

Advertisements

Rules for Brainstorming

Brainstorming Solutions

Creativity Business Idea and Opportunity Analysis.

Entrepreneurial Process Unit No 2. Identify and Evaluate Opportunity Develop Business Plan Resources Required Manage The Enterprise.

Chapter 4 Creativity and the Business Idea

Solving Problems in Groups Ch. 9. Advantages of group problem solving Groups posses a greater collection of resources than individuals Groups increase.

QUALITY TOOLS: Tools for planning How-How diagram Problem occurs  “How?” Given the cause of a problem, the requirement then is to find a solution which.

Silicon Prairie Initiative on Robotics in Information Technology

Silicon Prairie Initiative on Robotics in Information Technology

Chapter 4 Creativity and the Business Idea

ENTREPRENEURSHIP MODULE 2 Creating and Starting the Venture President University Faculty of Business and International Relations January 2013.

Brainstorming Solutions

The 5 E Instructional Model

Creativity & the Business Idea

CREATIVITY & INNOVATION

Creativity Tools Prepared by Jamal Yousef

A Design Process.

ENTR 452, Chapter 4 (Creativity and the Business Idea)

Chapter 4 Creativity and the Business Idea

Instructional Design Models for School Health Education Synectics Model (Creative Process for Secondary Education) Power Point created by Erika.

1 Hair, Babin, Money & Samouel, Essentials of Business Research, Wiley, CREATIVE DECISION MAKING AND RESEARCH Chapter 3 1.Describe the role of research.

What Is Design? What Is a Design Process? Design Process Examples The Design Process © 2012 Project Lead The Way, Inc.

Vroom’s Decision Tree. Vroom and Yetton’s Model Five different types of decision making which vary according to the amount of subordinate influence One.

Techniques for Stimulating Creativity references: –Voland, Gerard, Engineering by Design, Pearson Prentice Hall, Pearson Education, Inc., Upper Saddle.

Introduction to Engineering Design

Be Creative Learning to be creative.. What is Creativity? Newly developed idea or… Newly derived connection between ideas.

Creativity and the Decision Making Process Business Management Chapter 8.2.

Entrepreneurship: Ideas in Action © Cengage Learning/South-Western Chapter 1 Slide 1 Lesson 1.4 Problem Solving for Entrepreneurs Goals List the six steps.

Rules for Brainstorming

© 2007 by Prentice Hall1 Chapter 3: Solving Problems Analytically and Creatively 3 -

Creativity and the Business Idea

Mixed Bag True or False Brainstorming Definitions 1 Definitions

All Rights Reserved to Kardan University 2014 Opportunity Recognition and Exploitation Kardan University Kardan.edu.af.

A Design Process Introduction to Engineering Design

Project Identification and Selection Dr. Mohamed Riyazh Khan DoMS.

Indicator 3.01 Generate product ideas to contribute to ongoing business success.

PROBLEM SOLVING LEADERSHIP. 4 STEP PROCESS 1._________ 2._________ 3._________ 4._________.

US Army Corps of Engineers BUILDING STRONG ® STEP 3 - FORMULATION BRAINSTORMING MANAGEMENT MEASURES Planning Principles & Procedures – FY11.

FICCICECE Brain Storming Brainstorming is an excellent way of developing many creative solutions to a problem. It works by focusing on a problem, and.

PROBLEM SOLVING. The Problem-Solving Process 1. State the Problem Clearly Identifies the problem Avoids wasting time and money.

CREATIVITY AND THE BUSINESS IDEA Chapter : 05 CREATIVITY AND THE BUSINESS IDEA

Chapter 4 Creativity and the Business Idea

Exploding Ideas and Opportunities

Demonstrate appropriate creativity (PD:012, QS LAP 5)

Chapter 4 Creativity and the Business Idea

5 Chapter Creating and Starting The Venture. 5 Chapter Creating and Starting The Venture.

Chapter 4 Creativity and the Business Idea

Chapter 4 Creativity and the Business Idea

Chapter 3 Creativity and The Business Idea.

Rules for Brainstorming

Brainstorming Solutions

Evaluate Determinants & Apply Cramer’s Rule

Rules for Brainstorming

Rules for Brainstorming

2) Identify Requirements 1) Define the Problem 3) Gather Information

Rules for Brainstorming

GENERATING IDEAS: HARNESSING LOGIC AND CREATIVITY CHAPTER II.

Rules for Brainstorming

ENTREPRENEURSHIP Lecture No: 24 BY CH. SHAHZAD ANSAR

Chapter 4 Creativity and the Business Idea

ENTREPRENEURSHIP Lecture No: 42 BY CH. SHAHZAD ANSAR

ENTREPRENEURSHIP Lecture No: BY CH. SHAHZAD ANSAR

ENTREPRENEURSHIP Lecture No: 15 BY CH. SHAHZAD ANSAR

Hisrich Peters Shepherd Chapter 4 Creativity and the Business Idea Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.

Creativity and the business idea

Problem-Solving Communication

Creativity and the Business Idea

ENTREPRENEURSHIP Lecture No: 5 BY CH. SHAHZAD ANSAR

ENTREPRENEURSHIP Lecture No: 17 BY CH. SHAHZAD ANSAR

Presentation transcript:

ENTREPRENEURSHIP Lecture No: 16 BY CH. SHAHZAD ANSAR

CREATIVITY AND THE BUSINESS IDEA

Methods of Generating Ideas

Focus Group  Group of individuals providing information in a structured format  This consists of individuals form different socioeconomic areas  The number of individuals vary from 8 to 14  It is an excellent method for initially screening ideas and concepts

Brainstorming A group for obtaining new ideas and solutions A group for obtaining new ideas and solutions Four rules to be followed are: 1. No criticism is allowed by anyone in the group 2. Freewheeling is encouraged 3. Quantity of ideas is desired 4. Combinations and improvements of ideas are encouraged

Problem Inventory Analysis Method for obtaining new ideas and solutions by focusing on problems Method for obtaining new ideas and solutions by focusing on problems It is used to test a new product idea It is used to test a new product idea Results from product inventory analysis must be carefully evaluated as they may not actually reflect a new business opportunity Results from product inventory analysis must be carefully evaluated as they may not actually reflect a new business opportunity

CREATIVE PROBLEM SOLVING A method fro obtaining new ideas focusing on the parameters A method fro obtaining new ideas focusing on the parameters Creativity is the most important attribute of a successful entrepreneur Creativity is the most important attribute of a successful entrepreneur Creativity tends to decline with the lack of use. Creativity tends to decline with the lack of use.

CREATIVE PROBLEM SOLVING It includes: Brainstorming Brainstorming Reverse brainstorming Reverse brainstorming Synectics Synectics Gordon method Gordon method Checklist method Checklist method Free association method Free association method Forced relationship Forced relationship

CREATIVE PROBLEM SOLVING Collective notebook method Collective notebook method Heuristics Heuristics Scientific method Scientific method Value analysis Value analysis Attribute listing Attribute listing Matrix charting Matrix charting Big dream approach Big dream approach Parameter analysis Parameter analysis