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Rooooooooster _ Munich, 27.04.2017
Design Thinking
UNDERSTAND DEFINE
OBSERVE IDEATE
PROTOTYPE
TEST
Design Thinking
• Every Team-Member must touch the pen once to
transform it into a magical pen!
• The pen must not touch the floor!
• The pen must not be passed on to the direct neighbor!
• No 2 or more team-members can touch the pen at the
same time!
• Start = End > the first person who touches the pen
must be the last as well!
Goal
Create as many magical pens as possible!
Become and stay market leader!
The velocity game
Input
Rooooooooster _ Munich, 27.04.2017
Entrepreneurship &

Entrepreneurial Organisation
ENTRE + PRENDRE
[Etymology] Entrepreneurship
“between” “to take”
How 

something 

IS
How something

COULD BEEntrepreneurship
“I think there is a market for
maybe five computers.”
- Thomas Watson Jr.
“Computers are
bicycles for the mind.”
How 

something 

IS
How something

COULD BEEntrepreneurship
Challenge!
How 

something 

IS
How something

COULD BEEntrepreneurship
Challenge! Envision!
How 

something 

IS
How something

COULD BEEntrepreneurship
Challenge! Envision!
Transform
Change Driver

(vs. Change Taker)
Entrepreneurship
How 

something 

IS
How something

COULD BEEntrepreneurship
create value!
Value Creation vs.

Value Capture
Value Creation
Value Capture
Create Value

(not just manage it)
Entrepreneurship
How 

something 

IS
How something

COULD BEEntrepreneurship
create… value! …how?
Task 1: Conceive a
unique idea for a
business
Task 2: Identify market
opportunities for a new
business
Task 3: Plan a new
business
Task 4: Write a
formal business plan
Task 5: Raise money to start a
business
Task 6: Convince others to
invest in your business
Task 7: Convince bank to lend
you money to start business
Task 8: Convince others to
work in your new business
Task 9: Manage a small
business
Task 10: Grow a
successful business
Cox, Mueller, and Moss (2002)
Entrepreneurial Process
Not Linear!
cc Walkingsf
Entrepreneurial Process
Continuous cycle between 

Action, Discovery, Formation
Your
world
now
Entrepreneurial Process
unknown
Your
world
now
Entrepreneurial Process
Learning
Discover
unknown
Entrepreneurial Process
Develop
Progress
unknown
Learn
Your
world
now
Progress
Entrepreneurial Process
DiscoverDiscover
unknown
Learn
Your
world
now
Entrepreneurial Process
DevelopDevelop
Progress
Learn
Your
world
now
unknown
Entrepreneurial Process
DiscoverDiscover
Progress
known
Learning
Discover
Your
world
now
Entrepreneurial Process
DevelopDevelop
Learning
Progress
Progress
Your
world
now
Develop
progress through learning,
learning through progress.
= Creation Logic
(as opposed to Prediction Logic)
Creation Logic
Novelty and complexity limits
predictability of situation
Prediction Logic
Goals predetermined, issues clear,
cause-and-effect understood in
situation
• Action
• Discovery
• Creation
• Gather data
• Use historical trends
• Model Reality
Prediction Logic
Goals predetermined, issues clear,
cause-and-effect understood in
situation
• Gather data
• Use historical trends
• Model Reality
Dominant logic in
management
Creation Logic
Novelty and complexity limits
predictability of situation
• Action
• Discovery
• Creation
Dominant logic in
entrepreneurship
Practice Creation Logic

(“progress through learning, learning through progress”)
Entrepreneurship
How 

something 

IS
How something

COULD BEEntrepreneurship
who?
Talent Tools
vs.
Entrepreneur?
Talent Tools
vs.
Entrepreneur
Entrepreneurial Mindset
WORLDVIEW
POSSIBILITIES
ACTIONS
How do I see the world?
What’s possible? 

(What do I see?)
How do I act?
INFORMS
WPA Model
• Willingness to experiment
• Ability to act value-oriented
• Ability to embrace learning opportunities
• Ability to bound uncertainty by defining boundaries 

and actions independently
Entrepreneurial Mindset…
• Self-Generate
• Self-Reflect
• Self-Correct
Entrepreneurial Mindset…
Practice 

Entrepreneurial Mindset

(engagement and self-leadership)
Entrepreneurship
Entrepreneurship
Change 

Driver
Value-

Oriented
Creation 

Logic
Entrepreneurial 

Mindset
1 2 3 4
Summary
Seminar
Innovation Expedition _ Silicon Valley, 20.10.2016
Cultivating the EO: 

Value-Orientation
what is value and how to create it?
“For you to have a business, someone at some
point has to buy something off you.”
- Peter Drucker
entrepreneurial value = customer value
How is value appreciated?
Hence, KEY QUESTION:
Objective
Idea 1
“Value is inherent to an object and doesn’t need to be appreciated”
inherent value
however
value appreciation isn’t needed.
Objective
Idea 2
“Value appreciation is entirely dependent on the perception of
the subject”
Subjective
value appreciation entirely subjective.
Objective
Idea 3
Value appreciation is dependent on the context!
Subjective
Contextual
To create appreciable value for a customer,
entrepreneurs must design offerings which
are meaningful within the customer’s
particular context.
Key Insight
To create value, you must understand your
customer’s context.
In other words…
Human-Centred Perspective (HCP)
- Who they are
- How they are
- Where they are
- Why they are
Human-Centred Perspective (HCP)…
J-T-D
Context 1: J-T-D



The person will have some form
of “job” or task that needs to be
done and for which they may
require a solution.



The question here is: 

How well does a offering serve
the job to be done (J-T-D)?
Human-Centred Perspective (HCP)…
J-T-DExperience
Context 2: Experience



The person has a particular way
of experiencing the world and
themselves.



The question here is: 

How is an offering
experienced by the
customer? How does it affect
and transform their being in
the world and experience of
themselves?
Human-Centred Perspective (HCP)…
J-T-D
Fit
Experience
Context 3: Fit



The person will be embedded in a
physical and material context /
environment that may enable or
constrain her. 



The question here is: 

How does an offering affect the
customer’s environment? How
is it effected by the
environment?
Human-Centred Perspective (HCP)…
J-T-D
FitCommunity
Experience
Context 4: Community



The person will be related to
people, ideas, beliefs, visions,
and values that surround them.



The question here is: 

How does an offering enable
sharing and participation?
How does it enable feelings of
belonging to a community,
ethos, or vision?
Human-Centred Perspective (HCP)…
J-T-D
FitCommunity
Experience
value in usevalue in experience
value in relationship value in embeddedness
Human-Centred Perspective (HCP)…
J-T-D
FitCommunity
Experience
Value Context
Venture
value in experience value in use
value in relationship value in embeddedeness
Sustainability: HCP in Context…
J-T-D
FitCommunity
Experience
Value Context
Venture
value in experience value in use
value in relationship value in embeddedeness
Economic
Impact on performance,
productivity, and progress
Sustainability: HCP in Context…
J-T-D
FitCommunity
Experience
Value Context
Venture
value in experience value in use
value in relationship value in embeddedeness
Economic
Impact on performance,
productivity, and progress
Well-being
Impact on human health and

psycho-spiritual well-being
Sustainability: HCP in Context…
J-T-D
FitCommunity
Experience
Value Context
Venture
value in experience value in use
value in relationship value in embeddedeness
Economic
Impact on performance,
productivity, and progress
Well-being
Impact on human health and

psycho-spiritual well-being
Environment
Impact on social and
ecological systems
Sustainability: HCP in Context…
J-T-D
FitCommunity
Experience
Value Context
Venture
value in experience value in use
value in relationship value in embeddedeness
Economic
Impact on performance,
productivity, and progress
Well-being
Impact on human health and

psycho-spiritual well-being
Environment
Impact on social and
ecological systems
Culture
Impact on values and
lines of belonging
Sustainability: HCP in Context…
Meaningful, Sustainable Value Creation
J-T-D
FitCommunity
Experience
Value Context
EconomicWell-being
EnvironmentCulture
Impact Context
Venture
value in experience value in use
value in relationship value in embeddedeness
Impact on performance,
productivity, and progress
Impact on social and
ecological systems
Impact on values and
lines of belonging
Impact on human health and

psycho-spiritual well-being
IVC Framework (our own)
Design Thinking
Design Thinking as a method is a step by step guide
to create value for a human being that you call

your customer oder client.
What it feels like
USER
IDEA
Design Thinking
Work on user-centered ideas
What is a good idea?
USER EXPERIENCE
DESIGN
UNDERSTAND DEFINE
OBSERVE IDEATE
PROTOTYPE
TEST
Process
UNDERSTAND DEFINE
OBSERVE IDEATE
PROTOTYPE
TEST
RESEARCH
Empathize!
Process
PROBLEM SOLVING
Finding Ideas!
UNDERSTAND DEFINE
OBSERVE IDEATE
PROTOTYPE
TEST
RESEARCH
Empathize!
Process
Key elements of Human Centered Design
CONNECTED BRAINS
BUILD ON THE

IDEAS OF OTHERS
DEFER JUDGEMENT
ONE CONVERSATION 

AT A TIME
STAY FOCUSSED
BE VISUAL
FAIL EARLY AND OFTEN
ENCOURAGE WILD IDEAS
LOVE YOUR IDEAS AND

KILL YOUR DARLINGS
Design Thinking Culture
WORK
WORK
PASSION
WORK
Join us on this adventure of continuous discovery, learning and transformation Journey2Creation.de

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