1. IDEAS SURGERYIDEAS VS OPPORTUNITIES May 2010

3. Idea generation 10 min

4. Group breakout 20 min

5. Sharing results 10 min

6. Idea or opportunity? 10 min

7. Group breakout 10 min

9. They want to change the system

10. They think they know the future

11. They are propelled by emotion

12. They ignore the evidence

13. They seek profit in unprofitable pursuits

14. They are unqualified

15. They try to measure the unmeasurable

16. They refuse to be made into superheroes

17. They are unreasonable Source: “The Power of Unreasonable People”, Elkington and Hartigan, Harvard Business Press, 2008

19. Innovation and risk-taking in process, outcomes, or context

20. Strong emphasis on performance, accountability, impact, and scaleNicholls and Cho (2006)

21. MICROFINANCESetting boundaries Build a scalable model Shift from philanthropic funding to access capital markets Enterprise development of the poor Sociality Idea: poor are low risk debtors Products: financial products to the poor Innovation Market Orientation

24. Economic model: reduce inefficiency of global supply chainsInnovation Market Orientation

26. Idea generation 10 min

27. Group breakout 20 min

28. Sharing results 10 min

29. Idea or opportunity? 10 min

30. Group breakout 10 min

32. Ideas (Problem & Solution) WHATS THE PROBLEM YOU ARE TRYING TO SOLVE? HOW ARE YOU PLANING TO SOLVE THE PROBLEM?

33. ACTIVITY: IDENTIFY A PROBLEM AND GENERATE A MIND MAP OF POSSIBLE SOLUTIONS

34. IS YOUR IDEA AN OPPORTUNITY?Understanding key aspects that should be analysed What is the problem you are solving? Is it feasible, executionable? Will it cost you something? Is the timing right? Are you doing something different? Can you make money? Opportunity (Market & Competition) Is there a market need? Ideas are NOT the same as opportunities Ideas Free Timeless Easy to have Wishful thinking Opportunities Resource dependant Perishable Hard to seize Fulfils markets need IS THER AN OPPORTUNITY?

35. WHERE DO OPPORTUNITIES COME FROM? Opportunity (Market & Competition) Pegram Harrison

36. ASSESING OPPORTUNITIES Opportunity (Market & Competition)

37. 5 STEPS: HOW TO LAUNCH A SOCIAL BUSINESS IDEAStarting your own business

38. INSTRUMENTAL SOURCES OF FUNDINGStarting your own business 1. What is your product or service? 2. What is your market? 3. How will you reach the market? 4. Who will you be competing against? 5. How will your product be produced? 6. Who are the people? Strategy & Tactics (Business Model, Mktg, Ops, etc.)

39. INSTRUMENTAL SOURCES OF FUNDINGStarting your own business

40. Thank you 16