Agenda
Thoughts about an entrepreneur
Emerging Trends in Technologies for business
Thought processes, methodologies, tools and techniques
Think, act, learn cycle
Document
Find your path along the way!
• Don’t doubt yourself when you are doing your homework.
• Keep track of your findings. It is good to refer to yesterday’s work and have checklist for tomorrow. A three month plan is even better.
• You are as good as anyone to do the work. Believe.
Cliché Advice
Experimental
Focused
Dealing with failure
Sense of purpose
Collaborating
Self learning
Taking feedback
Traits of an entrepreneur
Ownership Self organized
Entrepreneurial Process
Passionate
Core Capabilities
Every one is a systems professional with infrastructure to build business - smart phone
Take advantage of Social, Mobile Cloud Convergence for bringing smart business ideas to shape
Technologies enable and drive business.
Top 15 Smartphone AppsJune 2014Total U.S. Smartphone Mobile Media Users, Age 18+ (iOS and Android Platforms)Source: comScore Mobile Metrix
Top 15 Apps % Reach
Smartphone App Audience 100.0% 1 Facebook (Mobile App) 73.6%
2 YouTube (Mobile App) 52.1%
3 Google Play (Mobile App) 52.1%
4 Google Search (Mobile App) 47.9%
5 Pandora Radio (Mobile App) 45.6%
6 Google Maps (Mobile App) 45.1%
7 Gmail (Mobile App) 41.5%
8 Instagram (Mobile App) 30.4%
9 Yahoo Stocks (Mobile App) 30.3%
10
Facebook Messenger (Mobile App) 26.9%
11
Apple Maps (Mobile App) 26.2%
12
Yahoo Weather Widget (Mobile App) 26.0%
13
iTunes Radio/iCloud (Mobile App) 22.5%
14
Twitter (Mobile App) 21.7%
15
Google+ (Mobile App) 20.3%
http://www.comscore.com/Insights/Market-Rankings/comScore-Reports-June-2014-US-Smartphone-Subscriber-Market-Share
Expectations
Innovation begets innovation
Disruption
Finding lasting success requires a deeply embedded value system with vigilance on strategy and hard core capabilities
Emerging Trends in Education
Useful for teachers to design courses!
Learning is continuous for the learner!
Search and learn – key to enhance your learning!
Evolution of Mobile Applications for Businesses
New approaches to old ways
Daily digital routines with Mobile Apps
Business Applications continue to evolve
Slides 16-21 are fromhttp://www.slideshare.net/kleinerperkins/internet-trends-2014-05-28-14-pdf
Healthcare – Mobile Apps for more personalized care http://www.mirror-project.eu/ http://mylifesoftware.com/
Transnational Diaspora Entrepreneurship
Torres-Coronas, Teresa, and Maria-Arantzazu Vidal-Blasco (eds). "Chapter 9 - The Role of ICT in Supporting Transnational Diaspora Entrepreneurship". Social E-Enterprise: Value Creation through ICT. IGI Global. © 2013.
Information technologies facilitate activities of entrepreneurs of host and migrant countries
Trade channels Diaspora channels
Universities and colleges
Mobile Banking
More and more major businesses and industries are being run on software and delivered as online services—from movies to agriculture to national defense ….…Software is also eating much of the value chain of industries that are widely viewed as primarily existing in the physical world ………..many people in the U.S. and around the world lack the education and skills required to participate in the great new companies coming out of the software revolution”
Marc Andreesen, Co-founder of Netscape in WSJ Aug 20, 2011
Software is eating the world!CONTEXT
System Thinking – helped build information system from scratch
Process Input
Basic computer information system
Output
Feedback
The world is a system of systems
Representing the world as a complex, interconnected, system-of-systems. Source: IBM Business Value study The world's US$4 trillion challenge: Using a system-of-systems approach to build a smarter plane
The report can be downloaded at http://www-935.ibm.com/services/us/gbs/bus/html/ibv-smarter-planet-system-of-systems.html
Glimpses Into Approaches to building Systems
Systems Development Life Cycle
Project Initiation Planning Requirements gathering System Analysis Design
Development Testing Implementation
Software Engineering is a discipline to build information systems
Apps are introducing new ways of building software applications!
Analytical thinking – Basis for Systems analysis
Helps solve complex problems by breaking problems into parts
Address questions:
Who, what, why, when, how?
Problem Recognition and Definition
User mentions a problem Is it a problem or symptom
Establish the need
Define the problem
Technical feasibility (Proof
of concept)
Economic feasibility (costs
vs Benefits)
Legal Feasibility (laws and
regulations)
Operational feasibility (historical acceptance
of IT systems, Personnel re-training)
Schedule feasibility (balancing time and
resource)
Feasibility Study
Goals of systems analysis stage
Understand As-Is Determine To-Be
Understand current processes Determine requirements for the system being built
System Development Tools
Iterative Development – Theme
Design
Develop
TestJoint Application
Development User review
Requirements
Critical thinking
Learn how to learn
Blooms Taxonomy
Research Methods
Reference: http://www.clemson.edu/assessment/assessmentpractices/referencematerials/documents/Blooms%20Taxonomy%20Action%20Verbs.pdf
Platform thinking
Network effects Producers and Consumers
Interactions on information around a central theme – books on Amazon, tweets on Twitter
Rethinking traditional business design
Reference: http://platformed.info/the-platform-thinking-series/
Choices, Alternatives, Decision Making
Evaluate and Justify
A few cloud based apps for storage
Dropbox
Discipline to make dreams happen
Drop and pick up – bounce back
Design
Method
Stay focused
one thing at a time, small steps
Scale
Communication
Not easy - challenging
http://www.slideshare.net/WorldFutureSoc/tech-castglobalconsciousness
Many emerging technologies are changing the world view on every industry
Influence of Social, Mobile, cloud convergence is the just the beginning in the business world
Keep the curiosity about the abundance and promise offered by technologies
Concluding Remarks
https://www.techcastglobal.com/
Several tools, methodologies, techniques to get the job done!
Educating the Next Wave of Entrepreneurs – Unlocking Entrepreneurial Capabilities to Meet the GlobalChallenges of the 21st CenturySee http://www3.weforum.org/docs/IP/AM11/EE_Full Report_Final.pdf
Educating the Next Wave of Entrepreneurs – Unlocking Entrepreneurial Capabilities to Meet the GlobalChallenges of the 21st Century – Executive SummarySee http://www3.weforum.org/docs/WEF_GEI_EducatingNextEntrepreneurs_ExecutiveSummary_2009.pdf
References:
http://forumblog.org/2014/07/india-entrepreneurial-game/
http://economictimes.indiatimes.com/industry/services/retail/amazon-india-launches-pet-supplies-category/articleshow/39626772.cms
http://www.redbus.in/
http://www.akashtablet.com
Schlesinger, Leonard A. & Kiefer, Charles F. & Brown, Paul B.. ( © 2012). Just start: take action, embrace uncertainty, create the future.
McGrath, Rita Gunther & MacMillan, Ian. ( © 2000). The entrepreneurial mindset: strategies for continuously creating opportunity in an age of uncertainty
Cardon, M. S., Foo, M., Shepherd, D., & Wiklund, J. (2012). Exploring the Heart: Entrepreneurial Emotion Is a Hot Topic. Entrepreneurship: Theory & Practice,36(1), 1-10. doi:10.1111/j.1540-6520.2011.00501.x
Heath, Ralph. ( © 2009). Celebrating failure: the power of taking risks, making mistakes, and thinking big
Hansen, Morten T.. ( © 2009). Collaboration, how leaders avoid the traps, create unity, and reap big results.
Karlgaard, Rich. The Soft Edge: Where Great Companies Find Lasting Success. Jossey-Bass. © 2014.
References
https://www.uber.com/
http://cacm.acm.org/magazines/2013/11/169033-computing-technologies-for-reflective-creative-care-of-people-with-dementia/fulltext
References – contd.
http://blog.airbnb.com/belong-anywhere
https://www.dropbox.com/
Slides 16-21 are taken fromhttp://www.slideshare.net/kleinerperkins/internet-trends-2014-05-28-14-pdf