© Business Studies Online Learning Objectives What we will learn today: 1.To demonstrate your understanding of a range of Enterprise Skills needed to be.

© Business Studies Online

Learning ObjectivesLearning Objectives

What we will learn today:

1. To demonstrate your understanding of a range of Enterprise Skills needed to be successful in business

2. To understand making connections, using ‘Mindmaps’ to create and organise ideas and plans

What will be expected from me:

Create mind maps, individual exercises

Why are we doing this:

...because successful businesses are forward thinking


StarterStarter

Dyson's new vacuum cleaner "The Ball" was developed in order to compete against the increasing number of bagless vacuum cleaners available. The innovation of placing a ball at the bottom of the cleaner is an example of which enterprise quality?

The ability to ask why?

The ability to ask why not?

Deliberate creativity

Taking risks?


AnswerAnswer

The ability to ask why not?

This is the most appropriate answer BECAUSE you thinking about Why not try a different way of using a vacuum cleaner by using a ball system?


Unit 1.2: Skills of an entrepreneur

Think ahead/Make connections

Show Initiative

Take risks

Make decisionsThink creatively

‘Deliberate creativity’‘Deliberate creativity’

Asking ‘Why?’

& ‘Why not?’

Protecting your Big Idea

Risk Vs Reward

Calculated risk


What Does It Take To Be What Does It Take To Be Enterprising?Enterprising?

Creative thinking, Taking risks, plus:

Think AheadJeff Bezos quickly saw the potential of the internet to sell products

He set up Amazon in1995

Make ConnectionsUnderstand how one event may affect another

E.g. oil prices higher costs for businesses

Show InitiativeBeing prepared to risk being wrong

Take a lead

Make people believe in you

Make DecisionsDecisions are constantly required in business

The Carphone Warehouse made the decision to buy TalkTalk


Activity 1- Enterprising skillsActivity 1- Enterprising skills

CommitmentRisk takingLike rewardsGamble own moneyProblem solvingBoldAdventurousPlanningEvaluateCommunicateListen to othersTeam playerLeadership

Task: Now choose any three and explain why they are important in relation to your own business? (9 marks)A01 = 0 – 3 marks A02 = 4 – 9 marks


Activity 2: Cool DinnersActivity 2: Cool Dinners

Now turn to page 77 and 78 and read ‘Cool Dinners’

Complete the exercises 1 and 2


Mind MapsMind Maps

A planning tool that combine 2 skills:

Thinking ahead (making connections)

Deliberate creativity

Resulting in:Ideas + a Plan


Using Mind MapsUsing Mind MapsAn example would be:


Benefits of a Mind MapBenefits of a Mind Map

Developing a mind map helps:

BRAINSTORMCome up with ideas

CATEGORISEOrganise your ideas in a logical way

LINKRecognise that there will be some overlap between your categories and ideas


How To Create A Mind MapHow To Create A Mind Map


Activity: Create a mind mapActivity: Create a mind map

10 minutes to create a mind map to show all the Enterprise Skills that are needed to be successful in business (all you have learnt in this Unit 1.2)

Use examples from a variety of entrepreneurs and companies or brands you are familiar with to illustrate those skills

You will be asked to explain why you chose that person to illustrate that skill

© Business Studies OnlineSlide 13

Examples of entrepreneurExamples of entrepreneur


Unit 1.2: Skills of an entrepreneur

Think ahead/Make connections

Show Initiative

Take risks

Make decisionsThink creatively

‘Deliberate creativity’‘Deliberate creativity’

Asking ‘Why?’

& ‘Why not?’

Protecting your Big Idea

Risk Vs Reward

Calculated risk

© Business Studies Online Learning Objectives What we will learn today: 1.To demonstrate your understanding of a range of Enterprise Skills needed to be.

Documents

business studies online

business studies online

mind map slide

marks slide

talktalk slide

plan slide

mind maps

range of enterprise