Presentación de PowerPoint - Stanford University · The Entrepreneurial Manager: Inside Out...

Entrepreneurship Education

Learning is possible and

there are ways to think

about it…

Innovation AD

February 27th, 2012

Julia Prats Innovation & Entrepreneurship 2


Levi Strauss Kodak

Philips

Boeing

Kuhn Loeb

Polaroid

Kirin

EMC

DEC

Nike Roche

Siebel

NYPD

Bausch & Lomb

Ciba - Geigy

US Steel

Pfizer

Xerox

What do these firms have in common?


The entrepreneur is the creator of the future

Joseph Shumpeter

This world is for those that get up every day,

look for the right context and if they do not find

it… they create it!!!!

George Bernard Shaw

We can not solve problems using the same

way of reasoning that created them

Albert Einstein


High Growth

Firms

Research

Projects

Leading Growth

Julia Prats Innovation & Entrepreneurship © IESE – M Julia Prats 7

Good opportunities are created… they do not “exist”

Every new venture and growth path requires to know

how to manage crisis

“Only for geniuses and lucky people”… instead of

innovators and supportive leaders

False Dilemmas


A spiral… but with very Dangerous Asymmetries

Learn

Experiment

Experiment

Learn


A spiral… but with very Dangerous Asymmetries

“The Perfect Storm”

Reactions: Extreme “ mental flexibility ”

High speed (in the execution)

Strong determination

Protection of

Core capabilities

Actiones and Tactics to go out

“ of the thunderstorm ”

To begin again / reconstruct

the company


Other Cases...

Julia Prats Innovation & Entrepreneurship

The Entrepreneurial Manager: Inside Out

Business Competencies

• Business Vision • Resource Management • Networking • Negotiating Skill

• Creativity • Determination • Integrity • Tenacity • Emotional Balance • Self-Criticism

Personal Competencies

1

3

2

11

Interpersonal Competencies

• Communication • Engagement / Charisma • Delegation • Respect


The Entrepreneurial Manager

Promoter Business Dimension Administrator Entrepreneurial Behavior Administrative Behavior

Oriented towards the

Opportunity

Revolutionary with short

duration

Multi-steps minimizing risk

Sporadic use, resources are

even rented or borrowed

Flat , plenty of informal networks

Value Creation Based

Team Based

Strategic Orientation

Commitment with Opportunity

Resource Commitment

Management Structure

Compensation Policy

Oriented towards Resources

Long Evolution

Only one step

Own the necessary Resources

Hierarchy

Based on Resources

Short Term Oriented


False Dilemmas

Good opportunities are created… they do not “exist”

There is a process but not a “general recipe”

for business innovation

“Only for geniuses and lucky people”… instead

of innovators and supportive leaders


TEENS CAPTURE IMAGES OF SPACE WITH £56 CAMERA AND BALLOON

Teenagers armed with only a £56 camera and latex balloon have managed to

take stunning pictures of space from 20-miles above Earth.

Updated: 2:04PM GMT 18 Mar 2009


Thank You! M. Julia Prats

Entrepreneurship Department

IESE Business School

08034 Barcelona Spain

Phone: +34-93-253-4200

E-mail: [email protected]


Leading

Growth

Investigation in

initiatives of growth

organic led for

managers of divisions

of big companies.

" To Marakon survey in April

2007 found that organic

growth is the key issue for

59 percent of the senior

executives running US,

Europaean and Was

grasping companies. "

• GE Healthcare

• Continental

• Microsoft

• OTIS Elevator

• Samsung

• …

Importance

In Cooperation with:

Firms


• Longitudinal in-depth

• research

• 6 years of tracking

• 110+ European high-

• growth ventures

• 24 different countries

• CEO Book (work-in-pr.)

• Leader firms

• Spectacular failures

• Successful exits

• Systematic data

collection

Research In cooperation with:

Firm Sample

High-Growth

Firms

Sales 2007

Range € 1 - 80 millions

Average € - 13 millions

Employees 2007

Range 20 - 350

Average 130 employees

Growth (CAGR 2005 - 2007)

Range 13% - 607%

Average 112%

Julia Prats Innovation & Entrepreneurship

NEW EUROPEAN CHAMPIONS Project

Selected examples

Objective:

Identify entrepreneurs who have

built innovative growth companies

that are born and located in Central-

and Eastern Europe and have

successfully expanded into

international markets.

18

http://www2.essex.ac.uk/elect/_vti_bin/shtml.dll/default.htm/map


Parmesan Spaghetti Alphabet Soup Pumpkin Oil Caramel

Flower’s Paper Snails roasted in the pan Spherical Raviolo Peas and Minty Salad

Presentación de PowerPoint - Stanford University · The Entrepreneurial Manager: Inside Out...

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