company, Kitchen Helpers. en deciding on your target customer, try to minimize because keeping existing omers is usually more valuable than trying to find and attract new ones.
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- Why Change Is So Scary -- and How to Unlock Its Potential | Maya Shankar | TED 1.What is the main topic or theme of the TED Talk, How effectively does the speaker introduce and establish this topic? 2.What specific challenges to managing stress does Maya address in her talk? How does she relate these challenges to unlocking one’s potential? 3.Identify your main ideas or key takeaways from this Ted talk.Looking at our discussion on creative mind, innovation, risk taking etc... what new feature or component can you add to an umbrella/Payong? and why? (must be innovative, creative, relevant, feasible, new) (hehehe, explain why, 1, feature/component, justification.) * It is said that entrepreneurial development is significantly linked with the environment. Do you agree? Y/N? and why? ( 3 sentence max.,) McClelland, introduced the theory of need of achievement, believing that entrepreneurs should have adequate capacity of imaginations, thinking and developing new combinations, and the desire for high achievement. Explain your thoughts on this theory. ( Min. 3 sentence, max. 5)I need the answers to these questions for the Entrepreneurship and Innovation course.... 7- Technological spillover is a positive externality from R&D resulting from the spread of knowledge across organizational or regional boundaries. a. True b. False 4- Erison Group, an advertising company, wants to hire a creative head. Who among the following would be best suited for this position? a. An individual who completely adheres to the existing logic and paradigms and has extensive knowledge of the field b. An individual who has low tolerance for ambiguity and avoids taking risks c. An individual who has a moderate degree of knowledge of the field but is intrinsically motivated d. An individual who prefers to look at problems in conventional ways
- As a manager, how would you deal with resistance to change when you suspect that employees’ fears of job loss are well founded? To tap into the experience of battle-tested soldiers, the U.S. Army began encouraging personnel from all ranks to go online and collaboratively rewrite some of the Army’s field manuals in a Wikipedia-like fashion. When the rank and file showed little interest, one retired colonel suggested that top leaders should make soldiers participate. Does coercion seem like a good way to implement this type of change? Discuss.https://www.industryweek.com/companies-amp-executives/toyota-secret-constant-change-and-growth “Mr Okuda wants everyone to change, but everyone is following Newton's law and resists change. When you want to dosomething new, the mind finds a good excuse: no money, it is not in the budget, it won't work, the boss won't let me don'thave enough time, etc. The mind can easily find a million ways not to change”. Based on this statement and suitable theory, examine the individual and organisational resistance to change that Toyotamanagement would have had to manage effectively during their transformation initiatives. please help me in doing my assignment, it is not graded assignment, it is from past papersVesperAccording to experimentation research, entrepreneurial creativity is not correlated with IQ (people with high IQs can beunsuccessful in business and those with lower IQs can be successful as an entrepreneur). Research has also shown that those whopractice idea generation techniques can become more creative. The best ideas sometimes come later in the idea-generation process—often in the days and weeks following the application of the idea-generating processes (Vesper, 1996).Prior jobRecreationChance eventVesper (1996) identified several ways in which entrepreneurs found ideas:Although would-be entrepreneurs usually don’t discover ideas by a deliberate searching strategy (except when pursuing acquisitionsof ongoing firms), it is nevertheless possible to impute to their discoveries some implicit searching patterns. (Vesper, 1996, p. 60) Discuss the concept deals with opportunity thinking anddesign thinking, Analyse their concepts by providing specific examples and cite readings…
- Santosh Kshirsagar's journey from a challenging childhood to becoming the founder of his karate academy is a testament to his determination, resilience, and unwavering creativity. Despite facing numerous obstacles, Santosh managed to break free from the mental locks that inhibit creativity and forge a path toward success. The exploration of four mental locks that can hinder creativity and examine how Santosh overcame them are; 1 – Fearing mistakes and failure; fear of failure can prevent individuals from taking risks and exploring new ideas. In Santosh's case, he faced numerous challenges and uncertainties when starting his karate academy. However, he overcame this mental lock by taking the initiative and launching his own Academy despite the potential risks involved. Failure is a learning experience, not an end. 2 – Believing that we are not creative; when individuals lack confidence in their abilities, they may hesitate to think outside the box or pursue their ideas. Initially,…Andrew Fastow, the former chief financial officer (CFO) of Enron who was convicted of wire and securities fraud, explains that the culture of an organization starts with the behavior of the top executives. Employees do not follow empty rhetoric though: Employees imitate the behavior and decision-making processes of top management (Useem, 2016). Based on what you have learned in this unit, do you believe this is an accurate statement? How big of an effect can empty rhetoric have on organizational behavior?When Ahrendts left, Burberry was a thriving luxury house. Further, Bailey needed to consider the impact that digital technology had on the luxury market, and how Burberry’s competition was approaching a digital environment.CHARACTERISTICS AND TRENDS IN THE LUXURY INDUSTRYLuxury Customer SegmentsThese customers were defined as ultra-high-net-worth individuals. To these customers, money was not an issue. The high purchasing power per customer in conjunction with the group’s higher requirements in terms of customer service and quality goods meant that their needs could not be overlooked. These customers expected an extremely high-quality experience, along with perfect goods and services.At the same time, the aspirational group was still aspiring to be recognized by others and become associated with luxury. The third group of luxury shoppers was the accessible segment.This group was made up of middle-class and upper-middle-class customers. The emergence of this group proved that «luxury…
- Set UP Develop a strategic entrepreneurship plan to help a company decide whether to take a build, buy, and/or partner approach. To understand the background and parameters of the project, read this email from your supervisor: TO: Strategy TeamDATE: November 1, YYYYSENDER: [email address of supervisor]SUBJECT: Strategic Entrepreneurship Plan Our company experienced exceptional growth last year, yet we feel that there is a need to increase our capabilities to achieve our growth targets this year and in the future. As our lead strategist, could you analyze our company’s current capabilities and determine if we should take a build, buy, or partner approach to increase our capabilities? As you consider our current capabilities, please look at who we currently partner with, recent acquisitions, and innovations in the company. Then propose a plan for how to best meet the growth plans that leadership has established. This strategic entrepreneurship plan will help be invaluable for…Bryson's 10 step strategy change cycle from the textbook (Chapter 2) and 8 managerial tips for organizational changes from the article by Fernandez & Rainey. With these in mind, please answer the below. (2) Explain what you think is the most critical step for an organization to successfully and strategically change (Be sure to have a direct textbook reference when answering this question). Textbook and Article: Managing Successful Organizational Change in the Public Sector Author(s): Sergio Fernandez and Hal G. Rainey Source: Public Administration Review, Mar. - Apr., 2006, Vol. 66, No. 2 (Mar. - Apr., 2006), pp. 168-176 Published by: Wiley on behalf of the American Society for Public Administration Stable URL: https://www.jstor.org/stable/3542671 Bryson, J. M. (2018). Strategic planning for public and nonprofit organizations: A guide to strengthening and…You have been engaged as a ‘Change Agent (Ambassador)’ at the Marine Engineering Department of the Regional Maritime University (RMU). As part of your responsibilities you are expected to whip the student in line with the current trends in contemporary world of Entrepreneurship. One of the ways in achieving this is to organize seminars for the students. The HOD has tasked you to prepare a paper on the Characteristics of Entrepreneurial Mindset for his perusal. How would you go about this onerous task? You have some ten hours to complete this task so start now.