UCI New Venture Competition 2020 · Nov 20th. How to Come Up with a Billion Dollar Idea. Feb 20th....

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Copyright 2020 David M. Ochi UCI New Venture Competition 2020 How To Form A Winning Team David Ochi LinkedIn.com/in/DavidOchi

Transcript of UCI New Venture Competition 2020 · Nov 20th. How to Come Up with a Billion Dollar Idea. Feb 20th....

  • Copyright 2020 David M. Ochi

    UCI New Venture Competition 2020

    How To Form A Winning TeamDavid Ochi

    LinkedIn.com/in/DavidOchi

  • Copyright 2020 David M. Ochi

    A BIG Thank You to Our Sponsors

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    Specific Questions?

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    The Horse or the Jockey?

    Think Hollywood:Both the actors and the movie elements matter.

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  • Copyright 2020 David M. OchiWhat is a high performance team?

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  • Copyright 2020 David M. OchiImage Source: https://edition.cnn.com/2019/08/05/sport/hinako-shibuno-japan-golf-womens-british-open-spt-intl/index.html

    https://edition.cnn.com/2019/08/05/sport/hinako-shibuno-japan-golf-womens-british-open-spt-intl/index.html

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  • Copyright 2020 David M. Ochi

  • Copyright 2020 David M. Ochi

  • Copyright 2020 David M. Ochi

  • Copyright 2020 David M. Ochi

    Group

    • Dependence• Accountability• Time

    vs. Team

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    Methods and Steps to a High

    Performing Team

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    Team Why vs. My Why

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    Personal Goals and Company Goals

    Team Commitment Analysis

    https://tinyurl.com/TeamCoreAnalysis

    https://tinyurl.com/TeamCoreAnalysis

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    Team Commitment Analysis

    Team Commitment Analysis

    Core Competency Non-Core Competency

    Personal Goals Align

    Personal Goals Align

    Yes No Yes NoB

    iz G

    oals

    Ali

    gn

    Yes Core Team

    Employee Contractor Contractor

    No Disengage Disengage Avoid Avoid

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    Micro-Teams

    Leader

    CounterDo-erSeller

    Who on your core team fits these roles?

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    The 4 C’s of Hiring• Character

    • Culture

    • Connections

    • Capability

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    Additive Team Analysis

    Team Traits Marginal Addition Analysis

    https://tinyurl.com/TeamAddAnalysis

    https://tinyurl.com/TeamAddAnalysis

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    Passion - 0 + Tenacity - 0 + Agility - 0 + Communication - 0 + Coach-ability - 0 + Prestige - 0 + Capability - 0 + Availability - 0 + Versatility - 0 +

    Additive Team Analysis

    Passion

    -

    0

    +

    Tenacity

    -

    0

    +

    Agility

    -

    0

    +

    Communication

    -

    0

    +

    Coach-ability

    -

    0

    +

    Prestige

    -

    0

    +

    Capability

    -

    0

    +

    Availability

    -

    0

    +

    Versatility

    -

    0

    +

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    Subtractive Team Analysis

    Team Traits Marginal Subtraction Analysis

    https://tinyurl.com/TeamSubtractAnalysis

    https://tinyurl.com/TeamSubtractAnalysis

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    Subtractive Team AnalysisPassion - 0 + Tenacity - 0 + Agility - 0 + Communication - 0 + Coach-ability - 0 + Prestige - 0 + Capability - 0 + Availability - 0 + Versatility - 0 +

    Passion

    -

    0

    +

    Tenacity

    -

    0

    +

    Agility

    -

    0

    +

    Communication

    -

    0

    +

    Coach-ability

    -

    0

    +

    Prestige

    -

    0

    +

    Capability

    -

    0

    +

    Availability

    -

    0

    +

    Versatility

    -

    0

    +

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    Three skills that founders actually want

    High Quality Work

    On Time

    Pleasant To Work With

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    Team Performance

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    Where To Find Teammates

    Image Credit: https://www.youtube.com/watch?v=wTVL5kgQLbs

    https://www.youtube.com/watch?v=wTVL5kgQLbs

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    Resources For Finding A Team

    • Meet & Greet (… a lot)

    • http://ucinvc.kontess.com

    • Social Media

    • Ask, Ask, Ask

    http://ucinvc.kontess.com/

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    Concept Paper• How many team members are required for the concept paper?

    Image Source: https://wallpaperaccess.com/homer-simpson

    https://wallpaperaccess.com/homer-simpson

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    41

    Next Workshop –Market Research 101

    41

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    KEY DATESPHASE 1

    Date Event Date Event

    Nov 6th Kick-off and Beall Bash Feb TBD Demystifying Intellectual Property

    Nov 20th How to Come Up with a Billion Dollar Idea

    Feb 20th NVC Concept Papers and Videos Due

    Jan 14th From Problem to Business Mar 3rd Semi-Finalists Announced

    Jan 22nd How to Write a Winning Concept Paper

    Mar 3rd -6th

    Wildcard Voting Open

    Jan 28th How to Form a Winning Team Mar 9th Wildcard Announced

    Feb 11th Market Research 101

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  • Copyright 2020 David M. Ochi

    Questions?

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    THANK YOU!Beall Center for Innovation and [email protected]

    #UCINewVenture

    UCI New Venture Competition 2020A BIG Thank You to Our SponsorsSpecific Questions?The Horse or the Jockey?Slide Number 7What is a high performance team?Slide Number 9Slide Number 10Slide Number 11Slide Number 12Slide Number 13Slide Number 14Slide Number 15Slide Number 16GroupSlide Number 18Methods and Steps to a High Performing TeamSlide Number 20Team Why vs. My WhySlide Number 22Slide Number 23Slide Number 24Personal Goals and Company GoalsTeam Commitment AnalysisMicro-TeamsThe 4 C’s of HiringAdditive Team AnalysisAdditive Team AnalysisSubtractive Team AnalysisSubtractive Team AnalysisThree skills that founders actually wantSlide Number 34Team PerformanceSlide Number 36Where To Find TeammatesResources For Finding A TeamConcept PaperSlide Number 40Next Workshop – �Market Research 101KEY DATESSlide Number 43Questions?THANK YOU!