Scribd Logo
Upload

Welcome to Scribd!

  • Presentasi - 09 - Value Creation

    Uploaded by

    aurora azalea
    15 views15 pages
    The document discusses value creation through entrepreneurship and new businesses. It explains that an entrepreneur comes up with an idea to satisfy customer needs and wants at a reasonable price. They then develop a plan and execute it to create value, market and sell the product or service, and ensure it delivers value to customers. The business must also be financially profitable. Building a successful team requires the right mix of technical and managerial competencies. Too few people leads to overwork, while too many people causes communication overhead and inefficiency. The ideal team size is 3 to 8 people with different but complementary skillsets.

    Original Description:

    Original Title

    Presentasi - 09 - Value Creation (1)

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document discusses value creation through entrepreneurship and new businesses. It explains that an entrepreneur comes up with an idea to satisfy customer needs and wants at a reasonable price. They then develop a plan and execute it to create value, market and sell the product or service, and ensure it delivers value to customers. The business must also be financially profitable. Building a successful team requires the right mix of technical and managerial competencies. Too few people leads to overwork, while too many people causes communication overhead and inefficiency. The ideal team size is 3 to 8 people with different but complementary skillsets.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    15 views15 pages

    Presentasi - 09 - Value Creation

    Uploaded by

    aurora azalea
    The document discusses value creation through entrepreneurship and new businesses. It explains that an entrepreneur comes up with an idea to satisfy customer needs and wants at a reasonable price. They then develop a plan and execute it to create value, market and sell the product or service, and ensure it delivers value to customers. The business must also be financially profitable. Building a successful team requires the right mix of technical and managerial competencies. Too few people leads to overwork, while too many people causes communication overhead and inefficiency. The ideal team size is 3 to 8 people with different but complementary skillsets.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 15

    Value Creation

    Engineering Economics and


    Entrepreneurship
    Business
    Part I
    Idea

    Entrepreneur

    Plan
    New
    Business

    Execution
    Business

    Creates value Value Creation


    Want or need Marketing

    Reasonable price Sales

    Satisfies expectations Value Delivery

    Bring enough profit Finance


    Value
    Creation

    Finance Marketing

    Business

    Value
    Sales
    Delivery
    Value
    Creation
    • High quality
    product

    Finance Marketing
    • Profit • Publicity

    Business

    Value
    Delivery Sales
    • Customer • Revenue
    Satisfaction
    Building a Team
    Part II
    Business Competence

    Managerial
    Techincal Competence
    Competence
    Marketing
    Sales
    Value Creation
    Value Delivery
    Finance
    Business Competence

    Few
    Inventor
    Technical competences

    People
    Most Business
    People People
    Managerial competences
    Hewlett-Packard Effect

    HP Hewlett Packard

    Apple Wozniack Jobs


    Comparative Advantage

    Inefficient
    Comparative Advantage

    Efficient
    Communication Overhead

    Inefficient work Ideal team: 3 – 8 people Communication Overhead


    High risk for error Different skillsets Too many “meetings”
    Communication Overhead
    Invisible Decision Pseudo Problems
    • No transparancy • Fuss over minor problems

    Unfinished Business Embattled Center


    • Too many unfinished task • Control battle between units

    Coordination Paralysis Negative Deadlines


    • Every task must be approved • Prioritize deadline over quality

    Nothing New No Initiative


    • No invention/radical ideas • No work if not given input
    Thank you!
    Rio Natanael Wijaya
    rion002@brin.go.id
    +62-817-0200-950

    You might also like