ENTREPRENEUR THINKING SKILLS

SYNOPSIS

The world is changing at a much faster pace than ever before. Global connectivity, smart machines, new media and the evolution of governance are just some of the key drivers reshaping the expectations of all stakeholders on every business owner and finance function. It is a must to play a critical and strategic role in bringing the much required stability to business and society.

LEARNING OBJECTIVES

After the end of this program, the participant will be able to:-

•    Demonstrate entrepreneur mindset, know-how and required essential key skills that can support business and personal goals
•    See the big picture by constantly communicating their purpose / ideas clearly, compellingly and passionately

•    Have good and deep understanding of what it takes to be successful entrepreneur;  

•    Craft and formulate a more agile and productive team by employing creative solutions
•    Understand what key decision makers are looking for

•    Practice Continuous learning by pursuing perfection
•    Have Ownership and accountability for their team through leadership by example
•    Identify the key drivers for success in line with his goals by responding to the external changes

•    Ascertain what action is needed by the organisational decision makers in challenging the status quo

•    Describe the ways in which entrepreneurs perceive opportunity, manage risk, and organize resources and add value.    

COURSE OUTLINE

Day I

Icebreaker

MODULE: 1

Introductions and expectations

What is entrepreneurship?

Who is an entrepreneur?

How to be a successful entrepreneur?

How Strategic Planning and Management link with entrepreneur?

How entrepreneur think

Effectual and Causal Reasoning

What they mean?

Direct, drive and deliver Value creation through 5Rs

What are 5Rs?

How those 5Rs being employed through Innovation Implementation?

MODULE: 2

What it takes to be Effective Entrepreneur

Effectual reasoning and not casual reasoning

What are their differences?

How they work

Ready, Fire, Aim

What successful entrepreneurs are looking for?

What strategic questions that must be answered?
How to develop new skills and competencies to deliver increased value?

5 Cs (Collaboration, Communication, Critical Thinking, Creativity & Character)

How they work

Qualities of effective entrepreneur

Leadership by example,

Metric measurements, how to develop and use them?

Video/ Games

MODULE: 3

Setting Strategic Direction

What is Mission?

What is Vision?

What is Strategic?

What’s the link and relationship between all these key ingredients?

What are the 5 steps approaches?

What are they?

What are the factors that caused the strategy fails?

Games

MODULE: 4

What are the New Skills and Competencies required in 21st centuries?

Excellent analytical skills in terms of financial, market, statistical and sophisticated modelling techniques

Use of multi-discipline team approach

To integrate inputs from diverse sources

Back by strong commercial acumen characterised by strong product, process and market knowledge
Adopt best practices

Sound, solid and sane problem solving skills
Key metric measurements that shape behaviour: how to set

How to apply new strategic tools to create value for the company by looking beyond financial statements
How to effectively employ the new strategic tools and technique? 

Video, activities and group discussion

Sum up / Q & A / Discussion

Day II

MODULE: 5

Higher Order Thinking Skills

Bloom Taxonomy’s theory

What are higher Thinking Skills?

Why it is important

How can it help?

What is Creative?

What is Innovation?

How are they related?

Evaluation and control

How much progress has been made in accomplishing the task?

What is preventing us from moving forward?

What adjustments should be made to the initial strategic and operating plans?

Is there a need to revise the strategic objectives?

Games

MODULE: 6

The Strategic Focus

What are the strategic involvements?

The challenges and opportunities for entrepreneur

How the entrepreneur in directing, driving and influencing organizational strategy

Entrepreneurship and decision making in:-

a.     Enhancing Shareholders’ value,

b.     Understanding their role in the big picture

c.     Pursuit of Perfection (concept and uses)

Games

MODULE: 7

Key Challenges and Opportunities

What needs to be done in this Uncertain, Volatile, Complex and Ambiguous World?

The links Characteristics of Fixed and adapting mindsets with 4 key ingredients of growth;

Dr Dwech’s findings

How they link

Change is certain & how to embrace change mind-set? Discussion

Eight steps to successful change -Kotter’s model

How to reinvigorate growth and prosperity?

Why and how to focus on new opportunities & priorities
How to learn, Unlearn and relearn

MODULE: 8

Focus Area & Priorities

Higher order thinking skills;

How to develop Adaptive mindset

Set the appropriate priorities

Developing healthy coping strategies
Challenge Mastery to have breakthrough results

Employ creative imagination

What are the key drivers?

Activities/ video

Sum Up/ Q & A

Key take-back messages

END OF DAY 2