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Venturepreneur
Developing Venture Management Arts and Venture
Plans for High-Growth Ventures
Innovative Ten3 Training
Course |
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"Nothing
venture, nothing win!"
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Training
Focus |
Venture Management,
Entrepreneurial Creativity, and
Entrepreneurial Leadership |
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The Purpose |
To
build and evaluate entrepreneurial creativity and venture
management capabilities of would-be innovation executives and
venture entrepreneurs. |
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Key
Benefits |
The program helps
venture entrepreneurs stretch their venture management capabilities
and make a reality check on themselves. It helps also corporations
and business schools discover hidden talents for entrepreneurial
creativity and venture management among their students, employees
and would-be employees and select best venture managers for their
new businesses. |
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The Key Secret to Success in Business.
And failure.
Why do some
businesses succeed and some fail under exactly the same circumstances
and in exactly the same business?
The
difference is their point of view about what a business is, and what one
isn’t. The difference is that successful business owners were all
entrepreneurs, and that the vast majority of the people who go into
business aren’t.
Management
of the venture-building process is fundamentally different from
corporate management that is focused on delivering the annual operating
plan. Management of a new high-growth business is build around a
customer-driven idea or a technology. It requires entrepreneurial
mindset and skills. Being first to the market is the top priority for
the venture manager. Your core competence, the ability to move quickly
from idea to market, is a key enabler of success.

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ISSUES |
VENTURE MANAGEMENT: Key Features |
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Used in |
High-Growth Ventures |
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Building Business Around |
Opportunities: customer-driven idea or a new technology |
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Market Focus |
Entering emerging market that has yet to be recognized and
exploited |
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Results |
Quite
unpredictable |
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Time-to-Market |
Speed is above all; must be first to market |
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Success Measure |
Market
capitalization |
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Market Research |
"Living the data", agility, experimentation, adaptation, and
rapid response |
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Management Attitude |
Dedicated to identifying and adapting to unmet, unserved
customer needs |
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Management Style |
Driven by imagination and faith; chaotic; always ready to
adapt rapidly and change |
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Core Competence |
Ability to move quickly from idea to product to market |
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Independence |
Anarchic, demands space for action |
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Risk Management |
Experimenting, adapting, failing, and experimenting again |
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Change Management |
Turning 180 degrees at top speed, and resuming cruising
speed |
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Motivation |
Risk-reward
structure |
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Decision Making |
Faster; entrepreneur is the key decision maker |
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Funding Source |
Venture
capital |
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Financial Focus |
Cash flow |
Innovative Sandwich Event: Training – Practice – Training
“I
hear and I forget. I see and I remember. I do and I understand.”
–
Confucius
Before training: Trainees are given an outside-the-box
product idea and are requested to draft venture plans and a
business model
Day 1-2: Training on
Entrepreneurial Creativity,
Entrepreneurial Leadership,
Venture Management,
Venture Strategies,
Competitive Strategies,
Radical Innovation Project Management, and
New Business Models
Day 2-3: Trainees improve the venture strategies and
business model they’d drafted based on the new knowledge gained.
Innovative solutions are discussed in a group. Interactive feedback
and training.
The
Entrepreneurial Creativity Capability Evaluation is fundamentally
different from traditional Business Plan Contests. It’s main
objective is not to evaluate the business plan, but to evaluate the
capabilities of a personal for entrepreneurial creativity,
entrepreneurial leadership, management of radical innovation
projects. |
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Training
With a Difference
Traditionally, the end of a training course is the end of the guidance
by the trainer.
Our Ten3 courses are different!
The end of
our training course is just the beginning of our guidance and your exciting journey.
Better learning
Trainees are more receptive to new knowledge and ideas during the
training as they've applied their mind to the subject while preparing the draft
venture plans before training and know that they must improve relevant chapters
of these plans after each training session.
Better understanding
“I
hear and I forget. I see and I remember. I do and I understand,”
said
Confucius. The best kind of quality oriented learning is
just-in-time-style learning,
that is, learning that happens on the job and knowledge which is applied
immediately as needed. The sooner you can apply the material you learned, the
better you will understand it and the longer it will be retained. We achieve
this by asking trainees improve relevant sections of their venture plans and
business models after each training session.
Better Outside-the-box Thinking
Thinking outside the box is a vital skill of a venture leader in
today's complex and rapidly changing world.
Trainees are encouraged to challenge assumptions and stretch their imagination
while preparing venture strategies and business models for outside-the-box new
product ideas before and during the event.
Winning innovative solutions are
further inspired in the process of cross-pollination of ideas
during the last session of the training course.
Better implementation
The training provides the necessary bridge between
Strategizing to Design and Implementation.
Trainees will gain a better understanding of the total competitive arena and
learn to anticipate competitive developments and moves.
Building "prepared minds" is
necessary to make sure that decision makers have a solid understanding of the
venture, its strategy, and the assumptions behind that strategy to be able to respond swiftly to
challenges and opportunities as they occur in real time.
Post-training support
The
participants will be given a CD with the latest version of Ten3 Business
e-Coach,
your 360º achievement catalyst,
and Ten3 SMART screen savers that will provide them with continuous 24/7
inspirational e-coaching. |
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Training without forgetting
The problem with conventional training.
Research shows:
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By Day 2, we forget 50% of what
we've learned
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By Day 30, we retain 2%-3% of
the original knowledge and need to be re-trained.
What a waste of our precious
resources!
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Ten3 Smart Learning
Fast
inspirational learning
– without forgetting!
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The
World's #1
in Business e-Coaching!
►
We invented inspirational Business e-Coaching
in 2001
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Today, we have customers
in 80+ countries! |
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Different industry leaders buy
Ten3 SMART courses to
innovate and grow faster and smarter!
Among our customers are:
3M, ABB, Adidas, Alcatel, American Express, Bayer,
Boeing, British American Tobacco, BP, Canon, Cisco, Colgate,
Corning, Deloitte Touche, Ernst & Young, Fujitsu-Siemens,
GE, Goldman Sachs, HP, Hitachi, Huyndai, IBM, Intel, Johnson & Johnson,
JP Morgan Chase, KPMG, Lufthansa, Microsoft,
Motorola, Nokia, Oracle, Samsung, Shell, Sony, Union Bank of Switzerland, and many
leading business schools. |
Click here
to see/buy the content of the course
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Venturepreneur
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High-Growth Business Development
Strategies
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Creating a Winning Business Model
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New-to-the-World Product Development
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Venture Financing
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Entrepreneurial Leadership
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Psychology of Achievement
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Entrepreneurial Creativity
100 slides + 100 Executive Summaries
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