ES131-TECHNOPRENEURSHIPREPORTING-GROUP-1.pptx

Introduction to Technopreneurship

1. Introduction to Technopreneurship ES131 - TECHNOPRENEURSHIP GROUP 1 REPORTING A look at the importance of technology in the world of business

2. TOPICS: KEY TOPICS DISCUSSED IN THIS PRESENTATION ENTREPRENEURIAL MINDSET TEAM FORMATION INNOVATION AND IDEAS PRODUCTS AND SERVICES

3. BUT BEFORE THAT, LETS ALL STAND TO DO AN ICE BREAKER/ACTIVITY!

4. Learning Outcomes: Be able to have an overview on technopreneurship as the new breed of entrepreneurship.

5. Effects of Technology in the Business Industry As we all know, technology is a powerful tool that has changed and revolutionized the world as well as the lives of everyone. Today, we will be focusing on one of the most important industry in the world which is the business industry. We are here to introduce what is Technopreneurship.

6. WHAT IS TECHNOPRENEURSHIP?

7. TECHNOPRENEURSHIP TECHNOLOGY ENTREPRENEURSHIP TECHNOLOGY IS THE APPLICATION OF SCIENTIFIC KNOWLEDGE TO THE PRACTICAL AIMS OF HUMAN LIFE. ENTREPRENEURSHIP IS THE PROCESS OF DEVELOPING, ORGANIZING, AND RUNNING A NEW BUSINESS TO GENERATE PROFIT WHILE TAKING ON FINANCIAL RISK.

8. TECHNOPRENEURSHIP ENTREPRENEUR A PERSON WHO UNDERTAKES THE RISK OF STARTING A NEW BUSINESS VENTURE IS CALLED AN ENTREPRENEUR.

9. TECHNOPRENEURSHIP can be defined as follows: 1.INTEGRATION OF TECHNOLOGY, INNOVATION AND ENTREPRENEURSHIP 2.Act of turning “ something” into a resource of high value by converting good ideas into business ventures that relies heavily on the application of human knowledge for practical purposes. 3.Entrepeneurship in the field of technology. 4.Manufacturing of Hi tech products or making use of technology to deliver prdocuts to consumer 5.Exhausting use of technology in making profits.

10. "IF YOUR BUSINESS IS NOT ON THE INTERNET, THEN YOUR BUSINESS WILL BE OUT OF BUSINESS". - BILL GATES, FOUNDER OF MICROSOFT

11. 1 2 IMPORTANCE OF TECHNOPRENEURSHIP 3 CONVENIENCE MARKET EXPANSION REDUCED COST HERE ARE 3 THINGS THAT HIGHLIGHTS THE IMPORTANCE OF TECHNOPRENEURSHIP:

12. WHAT IS A TECHNOPRENEUR?

13. IS AN ENTREPRENEUR WHO USES CUTTING-EDGE TECHNOLOGY TO DEVELOP NEW BUSINESS. (DANIEL MANKANI, 2003) IS AN ENTREPRENEUR WHO INVOLVES HIMSELF IN TECHNOLOGICAL CHANGES IN PRODUCING GOODS AND SERVICES FOR HIS ORGANIZATION. (SARIMAH HANIM & ABD. RASHID,2008) ARE ENTREPRENEURS WHO USE TECHNOLOGY AS THEIR DRIVEN FACTOR IN TRANSFORMING RESOURCES INTO GOODS AND SERVICES, CREATING AN ENVIRONMENT CONDUCIVE TO INDUSTRIAL GROWTH” TECHNOPRENEUR

14. LIKES TO COMPETE IS A SELF-STARTER/PIONEER IS ABLE TO DO MANY THINGS AT ONCE LIKES TO WORK FOR HIM OR HERSELF AND BE IN CONTROL IS MOTIVATED BY A STRONG DESIRE TO ACHIEVE AND ATTAIN FINANCIAL SUCCESS TECHNOPRENEUR VS ENTREPRENEUR LIKES TO INNOVATE IS PART OF A TEAM IS ABLE TO DO MANY THINGS AT ONCE, BUT CHOOSES TO DELEGATE LIKES TO BE THE ONE TO CONTROL INNOVATION AND BE PART OF AN EVOLUTION IS MOTIVATED BY A STRONG VISION AND THE PASSION TO INNOVATE ENTREPRENEUR TECHNOPRENEUR

15. ENTREPRENEURIAL MINDSET

16. ABILITY TO MAKE DECISIONS QUICKLY AND EFFECTIVELY  TO SUCCEED AS AN ENTREPRENEUR, YOU MUST GAIN THE ABILITY TO LOOK AT A PROBLEM OR SITUATION, DIGEST ALL AVAILABLE DATA (AT THAT POINT IN TIME), AND MAKE A CONFIDENT DECISION TO MOVE FORWARD.  YOUR ABILITY AS A DECISION MAKER WILL MAKE OR BREAK YOUR FUTURE SUCCESSES.  IN FACT, AT THE OPPOSITE END, INDECISION IS ONE OF THE GREATEST CAUSES OF BUSINESS FAILURE.  WHEN YOU CAN’T DECIDE WHAT TO DO, YOU DELAY TAKING ACTION. IN OTHER WORDS, YOU DO NOTHING. 5 CHARACTERISTICS OF AN ENTREPRENEUR DECISIVENESS

17. SELF-ASSURANCE ARISING FROM ONE’S APPRECIATION OF ONE’S OWN ABILITIES OR QUALITIES  LOOKING CONFIDENT, PRACTICED, AND SKILLED IS WHAT WE ADMIRE IN OTHERS. BUT LOOKING CONFIDENT AND BEING CONFIDENT ARE TWO DIFFERENT THINGS. SERIOUSLY.  ACTING CONFIDENT WHILE GETTING ON STAGE TO GIVE A SPEECH TO A PACKED ROOM, EVEN WHEN YOUR HANDS ARE VIOLENTLY SHAKING, IS ESSENTIAL TO LEARN THE ART OF PUBLIC SPEAKING.  PRETENDING YOU ARE GOOD AT SOMETHING WILL ENABLE YOU TO DO IT CONFIDENTLY ENOUGH TIMES UNTIL YOU BECOME GOOD AT IT. THE MORE YOU DO THIS, THE BETTER YOU WILL BECOME. 5 CHARACTERISTICS OF AN ENTREPRENEUR CONFIDENCE

18. WILLINGNESS TO ACCEPT RESPONSIBILITY  THE ENTREPRENEURIAL MINDSET COMES FROM TAKING RESPONSIBILITY FOR YOUR ACTIONS AND OUTCOMES.  YOU NEED TO INTERNALIZE AND ACCEPT THAT: FROM THIS MOMENT FORWARD, YOU MUST ACCEPT RESPONSIBILITY FOR EVERYTHING IN YOUR LIFE AND HOLD YOURSELF ACCOUNTABLE TO IT. 5 CHARACTERISTICS OF AN ENTREPRENEUR ACCOUNTABILITY EVERYTHING THAT HAPPENS AT WORK – YOU ARE RESPONSIBLE FOR.  EVERYTHING THAT HAPPENS TO YOUR BUSINESS – YOU ARE RESPONSIBLE FOR. WHETHER YOU SUCCEED OR FAIL, IT IS YOUR RESPONSIBILITY. 

19. CAPACITY TO RECOVER QUICKLY FROM DIFFICULTIES  AS AN ENTREPRENEUR, YOU WILL NEED TO LEARN TO DEAL WITH MAKING MISTAKES AND FAILING. THEY ARE INEVITABLE AND A PART OF YOUR GROWTH.  SUCCESS RARELY HAPPENS IN A STRAIGHT LINE. TAKING WRONG TURNS AND MAKING MISTAKES IS SOMETHING THAT HAPPENS TO EVERYONE. RESILIENCE ENABLES YOU TO THINK, ACT, AND MOVE ITERATIVELY — MAKING SMALL, INCREMENTAL CORRECTIONS ALONG THE WAY. 5 CHARACTERISTICS OF AN ENTREPRENEUR RESILIENCE

20. FREEDOM FROM PRIDE OR ARROGANCE  IT TIES ALL OF THE CHARACTERISTICS OF ENTREPRENEURSHIP 5 CHARACTERISTICS OF AN ENTREPRENEUR HUMILITY FROM DECISIVENESS TO CONFIDENCE, HUMILITY WILL KEEP YOU FOCUSED AND CENTERED.  FROM ACCOUNTABILITY TO RESILIENCE, YOU WILL CONTINUE TO MOVE FORWARD THROUGH FAILURE, MISTAKES, AND UPSETS. 

21. ALONG WITH HUMILITY COMES COACHABILITY — THE ABILITY TO BE COACHED.  IF YOU WANT TO ACCOMPLISH BIG THINGS IN LIFE, YOU NEED TO BE WILLING TO LEARN FROM OTHERS AND NOURISH A GROWTH.  THINKING LIKE AN ENTREPRENEUR MEANS SEEKING OUT MENTORS AND COACHES WHO HAVE BEEN WHERE YOU ARE TRYING TO GO — AND HAVING THE HUMILITY TO ACCEPT THEIR GUIDANCE. 5 CHARACTERISTICS OF AN ENTREPRENEUR HUMILITY

22. TEAM FORMATION

23. TEAM A TEAM IS A GROUP OF INDIVIDUALS WORKING TOGETHER TO ACHIEVE THEIR GOAL.

24. TUCKMAN'S STAGES OF TEAM FORMATION

25. STAGE WHERE A GROUP OF PEOPLE COMES TOGETHER TO ACCOMPLISH A SHARED PURPOSE. THE LEADER PLAYS A DOMINANT ROLE AT THIS STAGE BECAUSE TEAM MEMBERS' ROLES AND RESPONSIBILITIES AREN’T YET CLEAR. THIS STAGE CAN LAST FOR SOME TIME, AS PEOPLE START TO WORK TOGETHER, AND AS THEY MAKE AN EFFORT TO GET TO KNOW THEIR NEW COLLEAGUES. 1. FORMING TUCKMAN'S STAGES OF TEAM FORMATION

26. DISAGREEMENT ARE CONSTANT AT THIS STAGE OF DEVELOPMENT SINCE TEAM MEMBERS ARE STILL GETTING TO KNOW EACH OTHER. THE LEADER’S ROLE IS TO HELP THE TEAM GET TO KNOW EACH OTHER WHETHER TO OFFER TEAM BUILDING ACTIVITIES OR SIMPLY A LISTENING EAR. 2. STORMING TUCKMAN'S STAGES OF TEAM FORMATION

27. THIS IS WHEN PEOPLE START TO RESOLVE THEIR DIFFERENCES, APPRECIATE COLLEAGUES' STRENGTHS, AND RESPECT THE AUTHORITY OF THE LEADER. THE TEAM HAS CONSCIOUSLY OR UNCONSCIOUSLY FORMED WORKING RELATIONSHIPS THAT ARE ENABLING PROGRESS ON THE TEAM’S OBJECTIVES. THE LEADER SHALL ASK FOR PERIODIC UPDATES FROM THE TEAM AND REGULARLY CHECK THE TEAM’S PROGRESS. 3. NORMING TUCKMAN'S STAGES OF TEAM FORMATION

28. RELATIONSHIPS, TEAM PROCESSES, AND THE TEAM’S EFFECTIVENESS IN WORKING ON ITS OBJECTIVES ARE SYNCING TO BRING ABOUT A SUCCESSFULLY FUNCTIONING TEAM. THIS IS THE STAGE AT WHICH THE REAL WORK OF THE TEAM IS PROGRESSING. THE LEADER SHALL HELP SOLVE PROBLEMS AND PROVIDE INPUT AS NEEDED. 4. PERFORMING TUCKMAN'S STAGES OF TEAM FORMATION

29. INNOVATION AND IDEA

30. TECHNOPRENEURSHIP IDEA THE INDISPENSABLE START-UP INGREDIENT ALL INVENTIONS AND INNOVATIONS NEED.

31. TECHNOPRENEURSHIP INVENTION NOVEL/NEW/ ORIGINAL PRODUCT, DEVICE, PROCESS, OR CONCEPT.

32. TECHNOPRENEURSHIP INNOVATION INTRODUCTION OF A NEWER AND BETTER SOLUTION THAT MEET NEW REQUIREMENTS OR EXISTING MARKET NEEDS. ADDING VALUE TO SOMETHING ALREADY EXISTING. PRACTICAL IMPLEMENTATION OF NEW IDEA.

33. PRODUCTS AND SERVICES

34. PRODUCTS AND SERVICES ARE PHYSICAL ITEMS THAT INCLUDE RAW MATERIALS, PARTS, SUBASSEMBLIES. EXAMPLES INCLUDE JOLLIBEE, COCA-COLA, PURE FOODS PRODUCTS

35. ARE ACTIVITIES THAT PROVIDE SOME COMBINATION OF TIME, LOCATION, FORM, OR PSYCHOLOGICAL VALUE. EXAMPLES INCLUDE HOSPITALS, SALONS, SCHOOLS PRODUCTS AND SERVICES SERVICES

36. EXAMPLES OF TECHNOPRENEURSHIP

37. EXAMPLE 1: APPLE IPOD  IT HAS A NUMBER OF INNOVATIONS  THE MOST SIGNIFICANT OF WHICH IS 160GB 1.8 INCH HARD DISK DRIVE ( SMALLER THAN AVERAGE HARDDISK 3.5 INCH A 40GB CAPACITY ) A technology-based enterprise is one that derives a competitive advantage from direct or indirect use of technology EXAMPLE 2: UPS (UNITED PARCEL SERVICES)  ABLE TO OFFER ONE DAY DELIVERY ANYWHERE IN THE WORLD  THEY HAVE THEIR SORTING AND DELIVERY FACILITY THAT COULD PROCESS UP TO 1,000,000,000 PARCELS A YEAR

38. MORE ILLUSTRATIONS REGARDING TECHNOPRENEURSHIP

39. Technology truly is an effective tool that can be utilized for the betterment of the business industry due to its influence on us as well as the society we move in everyday.

40. Do you have any questions?

41. "The internet is becoming the town square for the global village of tomorrow." BILL GATES - CO-FOUNDER OF MICROSOFT

42. GROUP 1 INTRODUCTION TO TECHNOPRENEURSHIP LESTER NUÑEZ LEADER/REPORTER PAUL MANGAT REPORTER JERIC GALAN RESEARCHER/ DANCER LD BOY ALBISO RESEARCHER/ DANCER CYREL MONTERO RESEARCHER/ DANCER JAKE BASAS RESEARCHER/ DANCER RYAN KINGJIM UY RESEARCHER/ DANCER