- Give every member of your organization a chance to dream, and tap into the creativity those dreams embody.
- Stand firm on your beliefs and principles.
- Treat your customers like guests.
- Support, empower, and reward employees.
- Build long-term relationships with key suppliers and partners.
- Dare to take calculated risks in order to bring innovative ideas to fruition.
- Train extensively and constantly reinforce the company's culture.
- Align long-term vision with short-term execution.
- Use the storyboarding technique to solve planning and communication problems.
- Pay close attention to detail.
Walt Disney's Tips for Building a Good Corporate Culture
Operations Planning Checklist
- Key operational objectives and strategies
- Location and facilities
- Equipment and technology
- Labor requirements
- Inventory management
- Supply channels
- Distribution channels
- Research and development
- Legal Requirements
- Order fulfillment and customer service
- Capacity utilization
- Critical processes
- Quality control
- Safety, health, and environmental concerns
- Management information systems
- Other operational concerns
- Start-up budget
- Operating budget
How to Write a Resume
Here is a link to the slide deck from a seminar I did at the University of Arizona for grad students transitioning to positions in industry. In particular, it addresses the process of creating a good industry-focused resume. -Jim
Tips for Picking the Right Opportunity
- You and your team are passionate and persistent ...
- Your team has or can learn the skills needed ...
- Your team can collaborate and cooperate ...
- The problem is clear ...
- The customers are readily identified ...
- The market is significant ...
- You have a feasible solution ...
- The competition is identifiable ...
- Your solution has better and sustainable benefits ...
- Your solution can generate a sustainable profit ...
- Your venture is timely, important, legal ...
- Your venture can build barriers to entry ...
- Your concept is scalable ...
- You'll invest less time, money, and effort in the venture than it will be worth in a couple of years ...
- If the opportunity turns out to be less than favorable, you can exit with minor losses ...
- Risks can be mitigated ...
- The upside potential is significant and timely ...
- Your team has a clear plan for success ...
- Your team can find the resources needed ...
- You and your team are committed to success ...
- The opportunity has a potential for long-term success ...
Competitive Creativity Mindmap
For 20+ years, I taught in a University of Arizona entrepreneurship program. This Innovation Impact Mindmap started on the whiteboard in my office, a graphic schematic of the course syllabus.
A syllabus is sequential, but innovation and entrepreneurship usually is not. They bounce around a bit, from here to there and round again.
The whiteboard version was fairly simple, but useful. Students and colleagues took pictures of it for reference. So, I thought, why not elaborate it just a little bit?
[OK, OK, so maybe a little bit more than just a little bit!]
I've added elements that I thought would be most useful, but certainly not all apply to every new venture! The "main highway" is the mission statement, highlighted in yellow.
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