Teaching plan of "Managing Entrepreneurship, Innovation and Creativity" 2020: Nov -Dec.

 

Teaching plan of "Managing Entrepreneurship, Innovation and Creativity" (UGB234) 2020

 

BA (Full) BM       S2 DT13; assignment due: January 2021


Date

Teaching topics

Nov 3 (Tue)

14:00-17:00.

·       Introductory notions: on entrepreneurship, innovation and creativity

·       Am I entrepreneurial, innovative and creative?

·       A briefing on the subject


e-study materials:

1.1. Introductory notions: on entrepreneurship, innovation and creativity
1.2. Am I entrepreneurial, innovative and creative?

Nov 4 (Wed)

10:00-13:00.

·       Entrepreneurship theory and practice I


 e-study materials:

Nov 4 (Wed)

14:00-17:00.

·       Entrepreneurship theory and practice II

·       Innovation theory and practice I


e-study materials:

 3.1. Entrepreneurship theory and practice II

Nov 10 (Tue)

14:00-17:00.

·       Innovation theory and practice II

 e-study materials:

Video: diffusion of innovation
Video: the technology s-curve and cycle

Video: disruptive innovation.

Video: crossing the chasm - disruptive innovation
Video: behaviors of innovative leaders
Video: how to spot disruptive innovation opportunities


Slides: diffusion of innovationdisruptive innovation cyclethree capabilities of innovation

e-reading: what is open innovation and how to do itwhat is disruptive innovation.

Nov 17 (Tue)

14:00-17:00.

·       Creativity theory and examples I


e-study materials:

    Video : what is creativity?

    Video: the link between creativity and mental illness.

    Video: creative constraints.

     Video: can you boost your creativity?

     Video: how to be a creative entrepreneur (Elon Mask)

     Video: the six thinking hats - de bono.

     Video: six thinking hats technique

    Video: convergent and divergent thinking

    Video: creative thinking: connecting dots. (covering divergent and convergent thinking)

   Video: groupthink

    Video: what is creative problem solving

    Video: brainstorming techniques

   Video: overcoming creativity blocks.


Nov 18 (Wed)

14:00-17:00.

·       Creativity theory and examples II


e-study materials:

Video: How ideas become profit;

Video: what motivates creative people to work for your company.

          Video: organizational creativity (a briefing)

           Video: barriers to creativity.

          Video: creativity role in organizations.

           Video: bringing creativity into an organization.


Video: building a creative culture 


Slides: components of entrepreneurial creativitycreativity, innovation and entrepreneurship linkagephases of creative processwhere entrepreneurs get their ideas


e-readings:

* HBR creativity and the role of the leader.

* how organization and culture can foster individual creativity.

* how to develop creativity at all levels in your organization.

Dec 2 (Wed)

10:00-13:00.

·       How to manage and control the entrepreneurial activities, innovation and creativity I


e-study materials:


     Video: how to evaluate business ideas?

      Videos: the unique value proposition concept/ the 6 elements of value propositions.

      Videos: making sense of minimum viable product. (also study the build-measure-learn loop).

         Video: what to do before product launch.

     Video: how to write a business plan?

     Video: writing a business plan for investors: 6 tips.

     

     Video: how to build a startup

      Video: how to hire and build a high performance team?

     Video: how to pitch your startup in 3 minutes

    Videos: what is a beachhead? / how to select a beachhead

    Videos: how to do market research for startups?/ how to do market research: a step by step guide./ how to do market research?/ market research for new products.

    Video: promoting your  [shoestring] startup business.

 Slides: motivation to start a new businessstartup funding cyclestartup processthe life cycle of a businesselements of a business planteamwork (quote of Steve Jobs)M. Tyson's quote on "plan".


Dec 2 (Wed)

14:00-17:00.

·       How to manage and control the entrepreneurial activities, innovation and creativity I


e-study materials:


               Videos: how to scale your business? / 7 principles to scale your business.

                Video: need more customers? how?


              Video: guerrilla marketing tactics for entrepreneurs

              Videos: a briefing on intellectual propertydon't let your get stolen (on Intellectual property)




Mission and value statements: video: a brief introduction; slides: vision and mission statements. an example of a mission statement: Facebook.


On value chain: video: a brief explanationa slide.

On 5-Force model: video: a brief explanationa slide.

Dec 4 (Fri)

2-5pm.

·       How to manage and control the entrepreneurial activities, innovation and creativity II


Video: create a pitch deck for investors.

Video: the Airbnb Pitch Deck (for illustration).


Videos:

* what is a unicorn company?

* startup funding options.

* bootstrap your business.

* seed funding - a briefing (clear).

* seed funding for startups.

* seed funding today.

* how to raise money as an entrepreneur?

     Video: startup funding rounds (ask Jay)

    Video: convertible notes, equity and startup funding

    Video: angel investors vs venture capitalists - ask Jay.

     Video: what % of my company should investors get?

     Video: startup equity for employees.

     Video: vesting (a briefing).

      Video: managing startup finances.

    Video: how a VC evaluates startups.

     Video: how a bank looks at your business.

     Video: how Spotify raised $2.56 billion.


e-study materials:

    Video: how Spotify raised $2.56 billion.

     Video: Dropbox IPO :  a case study.

Dec 11 (Fri)

14:00-17:00.

·       Enterprise assessment I, with case studies


e-study materials:

      Video: challenges entrepreneurs face.     
       Video: Steve Jobs' advice for entrepreneurs.
       Video: Elon Musk's advice to entrepreneurs. **
      Video: scaling a startup team.
      Video: entrepreneurial risks and rewards.
      Video: managing time as a CEO.
     Video: how to improve your sales process.
    Video: basic ideas on corporate entrepreneurship.
    Video: the case study of Uber.

    Video: a case study of Flipkart (India). **

     Video: Blue Apron: a case study on venture failure. **

     Video: GoPro: study case on venture failure.




Videos to examine in class

    * why startups fail. (general) **

    * why do so many startups fail? (experts' opinions) **

    * why tech startups fail. **

    * Startup: failing to succeed **

    * on monthly burn rate. **

    * my startup failed in 22 months. **

    * promising startups that went bust. **

    * the survival phase of (startup) business.

    * worst startup business failures

    * failing to succeed (startups)

 Business Model Canvas Explained with Examples


Readings to examine in class

* a case study of startup failure

Dec 16 (Wed)

14:00-17:00.

·       Enterprise assessment II, with case studies


e-study materials:


      Video: On merger and acquisition for entrepreneurs.

     Video: exit strategy.

     Video: exit strategy for business in three minutes.

     Video: startup exit strategy (a briefing)

     Video: how startup exits work.

      Video: startup acquisition process.

      Video: on management buyouts for startup exit.

      Video: M&A and IPO are not startup exit strategies.  **

     Video: small business exit strategies.

     Video: IPO process.

     Video: journey from startup to IPO

     Video: a case study of Sonos: an IPO case.

     Video: a case study of Zappos

      Video: a case study on Airbnb

     Video: how Google dominates: a case study

      Video: the story of how Twitter started

      Video: Silicon Valley's greatest disaster (Theranos)


e-readings
* 30 best startup case studies to read

* what startups need to know about exit strategies.


Dec 18 (Fri)

14:00-17:00.

·       Assignment briefing

·       Subject revision


Case studies:

* a case study on Lip-Kits: startup.

* a case study on Lamborghini.

* a case study of WeWork.


Revision topic: plagiarism:


Revision videos:

     Video: what is entrepreneurship
     Video: what is innovation
       Video: how to write a business plan.

 

An additional session on assignment briefing (jan 18: 2-5pm):

* on assignment 1.

* on assignment 2.

* on assignment 3.


References

Ang‟awa, William (2017/18) Lectures Notes and Slides. University Of Sunderland

Barringer, B & Ireland R (2012) ‘Entrepreneurship: Successfully Launching New VenturesPearson Prentice Hall, New Jersey or Latest Edition

Bessant, J.R & Tidd, J (2016),’Innovation and Entrepreneurship,’ Hoboken, John Wiley and Son Inc.


e-resources

Managing entrepreneurship, innovation and creativity (study group).

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