Showing posts with label Innovation. Show all posts
Showing posts with label Innovation. Show all posts

Saturday, March 23, 2013

Three Great Entrepreneur Guests of MBAH 10B, March 23, 2013 all agree - new ideas propel business

Rm 210, APS Building, Rockwell Center Makati City March 23, 2013

                                 Nelly See -from Mom to Mall retail tycoon


The MEntrep Class of MBAH 10 B on its last session had three great entrepreneur guests:   Nelly See of Pink Box,  Dr. Gary Bunagan of  Green Bean Organic Coffe Corp, and Raymund Arnold S  Alberto of RASA Surveying

They were all great entrepreneurs who had something great to share with the entrepreneur wannabees in the class.  It was too bad it was the last day of class.  Each one should have at least 3 sessions with the class;  but then again we had to pay them.

Nelly See did not have any power point nor notes but she was very comprehensive and very detailed on how she started her business out of desperation just to sell/get rid of  P762,000 worth of hair accessories that were mistakenly ordered due to language difficulty.  She said she applied to MBE.  My remark was that she did not need this.  She might need it for certification purposes.  But the fact that she has 30 corporate store and more than 40 franchise means she does not need MBA. { Maybe ACE/MBE should give her instead a doctorate honoris causa instead)

Dr. Gary Bunagan seem to be approaching his coffee beans like a serious hobby.  Still he could not leave the opthalmologist profession behind.  But the amount of time and the study that he put into the green coffee beans, and the kind of expansion they had undergone: to TMC, to H2 hotels, having SPA on the second floor of a building.  Having branches in Davao, exporting Cacao to Europe, giving jobs to San Isidro farmers in Isidro Davao Oriental (fortunately I saw the large cacao plantation there and Nestle purchasers told me, it is not worth their while to buy cacao from there)

RASA headed by Raymund Arnold S Alberto, brod of Bong Villamor at UP ME frat is the leader in surveying in the PHL, even employing a drone to conduct aerial survey.  He has a gone a long way from just dreaming to set up his own business on the way home to Ilocos after graduation. That was his only resource:  his Dream and his Passion to Achieve it.

Did the class note something very common among the three?  Yes it is about innovation.  New ideas daily... Nelly had to sometimes wake up her GM during the unholy hours lest she forget the new idea. Gary had to think of other opportunities to increase revenues and expand.  RASA always attend conventions abroad to be abreast of leading technology.  And yet we only have one new idea weekly....

Thank you guest entrepreneurs for great sharing.

Nelly See 

                                    Nelly See poses with her sponsoring group



                               Nelly See - are entrepreneurs born or made?

Dr. Gary Bunagan, eye Doctor at St Lukes Medical Center




                                Nelly See listens to Dr Gary


                                  Learning from great stories and books


                        Other book mentors of Dr. Gary;  try to read them esp Rules of Thumb


                      Awarding of Certificate of Appreciation and tokens, Dr. Tamayo is an investor

Raymund Arnold  S. Alberto


                                  UP brods:   RASA and Bong



                                   Picture with the sponsoring group (sorry it is blurred)


Sunday, February 24, 2013

What is the distinction among these terms?

APS, Entrep Class, PHL     February 2013

I asked the students to distinguish these terms:

INNOVATION

INVENTION

CREATION


IMITATION

ENTREPRENEURSHIP

Aren't they very confusing?  The class discussion reveals..

Friday, February 15, 2013

Do entrepreneurs need to be young and egotistical?

Are you young?  Are you egotistical?

Are you an entrepreneur?

---------- Forwarded message ----------
From: SmartBrief on Entrepreneurs <entrepreneurs@smartbrief.com>
Date: Wed, Feb 13, 2013 at 11:42 PM
Subject: Do entrepreneurs need to be young and egotistical?



SmartBrief on Entrepreneurs
February 13, 2013
http://r.smartbrief.com/resp/ekhGCexkBiCfAndsCidndhCicNbynL


                TODAY'S HEADLINES

BOLD VENTURES
* Defining workplace culture as your company grows
LEADING THE PACK
* The best organizations never stop learning
FINANCE & GROWTH
* How to avoid picking the wrong board members
THE WHOLE ENTREPRENEUR
* Is there time for romance in an entrepreneur's life?
* Do entrepreneurs need to be young and egotistical?
IDEAS FOR INNOVATORS
* Innovation begins with defining the problem
FORTUNE FROM FAILURE
* Signs that it's time to step down
EDITOR'S NOTE
* Your SmartBrief has a new look

Follow the link below to read quick summaries of these stories and others.
http://r.smartbrief.com/resp/ekhGCexkBiCfAndsCidndhCicNbynL

------------------------------------------------

Saturday, December 22, 2012

Thinking like a designer can inspire more innovation

By Nadia  Goodman at Entrepreneur.com

We could be innovative just like the late Steve Jobs if we think like a designer (Making a dent in the universe or mouthing "Be foolish just wont do).  The thought came from Bill Burnett, executive director of the design center of Stanford University in California, one of the leading design schools at USA.  The training that I got at Bangkok from one of their professors probably started in their school.

Some of the tips:

l. Observe the customers on how they use the product.

2.  Find the right problem.  For example, in the finding the right problem for infant deaths, it is not the absence of incubators, but the need for low cost incubators to transport babies from babies born in huts to the hospital  (made from aluminum tin foil or ceiling insulators -  reflectix materials?)

3. Brainstorm and come out with a hundred ideas/options

4.  Prototype -  there is no entrepreneurship/innovation unless you have a protype/working mode/ or even a mock up.  The idea will just remain an idea.  The prototype mock up will give a you a feedback on #1 and what must you do further to come out with the right product

How a designer mindset could make a hundred flowers bloom

Wednesday, December 12, 2012

Our 3rd session (actual 2nd) for MBA Sentrep - not the typical MBA class



We opened the class with you tubes rendition of  Tanging Yaman.

We did the following:

l.  Lecture on introduction to entrepreneurship (from this blog and slideshare link) What were emphasized:   creating something new, innovation, new products, it is magic (from Walt Disney - Larry Farrel.  It is creating something from practicality nothing.

2.  At the mention of creating products, we did a re invention/redesign of the school id on a paired discussion.  The mock up and the new id concept will be presented by next Tuesday, December l8. (Athens proposed a mini Christmas party)

3.  Then we did a mind mapping of three concepts:   entrepreneurship, innovation, creativity.  For most, it is their first encounter of mind maps.

4.  The last part was the application of 3R from green innovation:   reuse, recycle, reduce.  How to create new product/or product from the waste/trash at 4f of AGSB Salcedo.  And they were able in 45 minutes able to come up with new notable products.  The product prototypes were the actualization of mind maps.

We said entrepreneurship is not a spectators sports;  it is about taking action and creating new products/services.  And we did just that.

Mind/conversation mapping (concept by Tony Buzan)

                               The creativity group:  Alvin, Jaypee and Kevin (he just came in)


                                Evan, Jaypee and Nelle working on innovation


                                   The entrep mind mappers:   Athens, Cams Jenlo and Arlo


                                 The Sentrep class learning by themselves


                               Chrissy, Jaypee, Mike and Alvin



                              The innovation mind map


                               Alvin making the pitch while his group mates watch/listen


                                   Jaypee pitching innovation


                                   Jaypee and group mates



Cash/products from trash

                              Our rawmat (some said yuckkkk?!) We removed the wet ones




Product pitch
                      Evan pitching for his chocolate carton android case; group mates watch


                               Jaypee pitches LED tv protector and remote control holder



                                   Athens with tool crib made from carton box


                                    JP made spirit of Christmas from plastic and paper strips


                               Chrissy, Jaypee and Mike conceptualizing the product

                                         Cams, Jenlo, and Arlo making their product


                                JP, Nelle and Evan sweating it out with the trash rawmat


                           Jaypee, the chief product maker;  Chrissy doing the styropor part





                                   Buy now, pay later O interest

Thursday, November 15, 2012

University education - innovator or follower?

I am a practitioner who was made a visiting, adjunct professor in a leading business school in the PHL 


However, I am amazed at  the age of the curriculum and/or syllabus.  Some are circa 80s and when we submitted new syllabi, they were rejected.  Several proposals for new course were asked but nothing came out of them.  Maybe they are not popular, no takers, so no use introducing or wasting resources.  But all new products undergo growth or birthing pains or even failures.  How can the university be a leading edge if it lacks courage to innovate?

But knowledge and practice do change and evolve for the better.  If we are left behind?

Says Warren Buffet, " If the rate of change outside exceeds the rate of change inside, the end is in sight"

In the business school, the predominant thought is still the competitive advantage of  business by Michael Porter.  But Michael Porter shifted all ready to CSV and coopetition.

Or Strategy.  But the business model by Alex Osterwalder is the dominant thinking now.   And maybe the school is slow to adapt.

We are teaching entrepreneurship and innovation is the key to survival and must be taught to colleagues and its leadership?  For it to be dominant in the industry?

This post may get me into trouble?

Tuesday, November 6, 2012

GROUP WORK: Urban Renewal Housing


HOUSING IDEAS
Solar Panels
Multi Level Organic Garden
Water Filtration System
Improved Insulation
Rain Water Recycling
Energy Saving Appliances Inverter
Floating House
Storage for Hot Water
Solar Windows
Sink with Food Grinder
Laundry Shaft
Windows with Automatic Changing Color (shade)
Houses beside the river to be patterned after Venice
Translucent Roofing (to capture more sunlight to save electricity)
Air filter
Use of Eco-friendly soaps
Water Saving Toilets/ Shower
Composting Toilets
Solid Waste Management
Eco-friendly Furniture
Natural Ventilation

by: Hanna Abellera
Jane Labarrete
Marta Fretheim
Elena Perez