Richard Larson, PMP, CBAP, PMI-PBA President and Founder Watermark Learning. Enhanced 1 Performance. Enduring bapmtraining

Transcription

1 Richard Larson, PMP, CBAP, PMI-PBA President and Founder Watermark Learning Enhanced 1 Performance. Enduring bapmtraining

2 After this presentation you will be able to: Define what entrepreneurship means as it applies to business analysis Discuss typical entrepreneurial types and traits and how BA skills can contribute to business growth and competiveness List the keys to being a successful entrepreneur or intrapreneur

3 Woman owned business established in 1992, offering training and related services including certification preparation in: Business Analysis Project Management Agile/Scrum Business Process Management Business Relationship Management Leadership and Influencing Skills Courseware licensing Consulting and mentoring services Certificate programs through Auburn University Earn 1 PDU/CDU for attending today!

4 Answer: Usually Sometimes Rarely Adapted from 10 Things Entrepreneurs Need to Know about Intrapreneurship, by Murray Newlands,

5 Entrepreneurs are everywhere. Eric Ries, The Lean Startup

6 Someone who undertakes something and assumes risks An individual who, rather than working as an employee, runs a small business and assumes all the risk and reward of a given business venture, idea, or good or service offered for sale. The entrepreneur is commonly seen as a business leader and innovator of new ideas and business processes. Source: investopedia

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8 Lifelong Entrepreneur Reluctant Entrepreneur Elder preneur Brian Quittner Judy and Steve Soldinger Coco Chanel Levi Strauss??? Linda Nagamine

9 Someone who undertakes something without the same risk An inside entrepreneur, or an entrepreneur within a large firm, who uses entrepreneurial skills without incurring the risks associated with those activities. Intrapreneurs are usually employees within a company who are assigned a special idea or project, and are instructed to develop the project like an entrepreneur would. Source: investopedia

10 My Intrapreneurial Journey: Part 1

11 Smart companies want you to become an intrapreneur because it fuels business growth and allows them to gain a competitive advantage in their industry. Why Companies Want You to Become An Intrapreneur by Dan Schawbel, Forbes Magazine, Sept. 9, 2013

12 Process Improvement Projects & Programs Breakthrough Innovation Change Change Change Organization Direction and Strategy

13 Why Companies Want You To Become An Intrapreneur by Dan Schawbel, Forbes Magazine, Sept. 9, 2013

14 Sarah Peterson, Target Corp. Alan Wizemann, Target Corp.

15 Types of Opportunities Motivation Internal Politics My Intrapreneurial Journey: Part 2 From The Lean Enterprise by Trevor Owens and Obie Fernandez

16 BA Skills and Talents BA Skills and talents are the most important for Product Management and for innovation and startups

17 Entrepreneurial Trait/Skill Innovation Problem-solving Observation and experience Product testing Influencing skills Communication skills BA Trait/Skill Analyzing, proposing, and designing new solutions to meet business needs Problem definition, Root-cause analysis, Brainstorming Observation skills, especially participant observation, Benchmarking Which of these do BAs have? Ensuring all requirements and product features are tested Influencing stakeholders, Especially needed to be treated as a trusted advisor Asking great questions and listening carefully to answers, both content and affect of them Portions adapted from The Reluctant Entrepreneur by Michael Masterson

18 CTA #1: How can I apply my BA skills in an entrepreneurial way?

19 Inspiration Passion Commitment Entrepreneurial Keys

20 Inspiration Passion Commitment Entrepreneurial Keys Success is often the result of taking a misstep in the right direction. Al Bernstein

21 Just because there s another product on the market like yours doesn t mean you can t be a player. Just create a better product. Liz Lange, founder of Liz Lange Clothes, Creating a Business You ll Love

22 Every successful business begins with a good idea. Michael Masterson, The Reluctant Entrepreneur vs.

23 What do these examples have in common?

24 What else do these examples have in common?

25 So What Inspires You?

26 Inspiration Passion Commitment Entrepreneurial Keys

27 Mary Jo Cook Suzanne Sengelmann

28 Loving what we do Customers sense it Entrepreneurial Passion Fuels our commitment Sustains us through slow times

29 What are YOU Entrepreneurial passion is never passionate about? having to say you are bored.

30 CTA #2: How can I act more entrepreneurial? bhgrealestateblog.com

31 Inspiration Passion Commitment Entrepreneurial Keys Success is 10 percent inspiration and 90 percent perspiration. Thomas Edison

32 The craigslist community has grown exponentially but our philosophy about how we run it hasn t changed at all. It s about people, and people connecting with each other in their day-to-day lives. Craig Newmark, from Creating a Business You ll Love

33 Competence Courage Commitment Confidence Well Done is better than Well Said. Benjamin Franklin Cognizance

34 Passion isn t quite enough. You have to do the hard work, and the research. Liz Lange from Creating a Business You ll Love My Intrapreneurial Journey: Part 3

35 Your calls to action (PACE Yourself): P Prepare yourself A Analyze opportunities C Commit to your opportunity E - Evaluate your venture

36 After this presentation you should now be able to: Define what entrepreneurship means as it applies to business analysis Discuss typical entrepreneurial types and traits and how BA skills can contribute to business growth and competiveness List the keys to being a successful entrepreneur or intrapreneur

37 Visit our web site for valuable and free industry resources: Articles Webinars On-Demand Templates Blog And more! For information on classes, presentations, and training materials, please contact: LinkIn with

38 Resources --The Influencing Formula: How to Become a Trusted Advisor and Influence Without Authority by Elizabeth Larson and Richard Larson --Realizing Value The Latest Trend or Here to Stay? (Article Series on BA Times and Project Times) by Elizabeth Larson and Richard Larson Contact Us: Info@WatermarkLearning.com Find us on Like us on Facebook

39 Creating a Business you ll Love Top Entrepreneurs Share their Secrets, 2011, edited by Ronnie Sellers, Sellers Publishing, Inc. Group Genius, 2007, by Keith Sawyer, Basic Books. The Innovation Strategy Big Companies Should Pursue, by Tony Davila, Harvard Business Review, June The Lean Enterprise: How Corporations Can Innovate Like Startups, 2014, Trevor Owens and Obie Fernandez, John Wiley and Sons. The Lean Startup, 2011, Eric Ries, Random House Inc. The Reluctant Entrepreneur, 2012, Michael Masterson, John Wiley and Sons. Your Small Business Adventure, 2014, James W. Halloran, The American Library Association. Contact Us: Info@WatermarkLearning.com