academy for corporate entrepreneurship (afce) brochure
TRANSCRIPT
Copyright © 2015 Academy for Corporate Entrepreneurship I www.afce.co
CREATING THE WORLD’S GREATEST
CORPORATEENTREPRENEURS
We help established organisations to
engage employees, accelerate
innovation and transform culture,
by creating the world’s greatest
Corporate Entrepreneurs.
CORPORATEENTREPRENEURSHIP
ACADEMY for
NEW VENTURES I FASTER LAUNCHES I HAPPY CUSTOMERS
Copyright © 2015 Academy for Corporate Entrepreneurship I www.afce.co
75% of the S&P will be replaced by 2020.Innocentive
TRANSFORM CULTURE
Today’s digital age is killing off large established companies who fail to innovate, faster than ever before.
On the other hand, entrepreneurship is on the rise. More and more startups practicing lean innovation are achieving success at record speeds. Unicorns are startups that have achieved a billion dollar valuation. It took HP 20 years to reach this level and recently Slack joined the club within 8 months of launching!
20 YEARS10 YEARS7 YEARS4 YEARS2 YEARS8 MONTHS STARTUPS TODAY ARE CREATING VALUE AND DISRUPTING AT INCREDIBLE SPEED
Copyright © 2015 Academy for Corporate Entrepreneurship I www.afce.co
ACCELERATE INNOVATION
Accelerators and incubators such as Ycombinator, Techstars, 500 Startups and The Founder Instituteoffering structured curriculum and mentoring programs are helping to speed up innovation.
When exploring the “unknown”, corporates need to master ”search” principles rather than employing their usual ”execute” principles.
If you know, ”execute”, if you don’t know, ”search”. Teams need to continuously experiment and change direction along the journey.
Combining Design Thinking, Customer Development and Lean Startup into a structured curriculum supported by mentoring are the corner stones to de-risking innovation.
WE HELP YOU TO APPLY THE ENTREPRENEURIAL SKILLS AND MINDSET TO ACCELERATE INNOVATION
GO FROM THIS TO THIS
PRODUCT bells and whistlesminimum viable product (get customer job done)
TEAMS same functional silos diverse & cross-functional
STRATEGY plan everything, build, then launchplan a bit, build a bit, measure & learn, plan again
GUIDED BY mission statements that see into the future
todays customer behaviour
EMPHASIS success first-time and avoiding failure
breaking things and learning from “failure”
DECISION MAKING Highest Persons Paid Opinion (HIPPO) is usually right
data from experiments is usually rightt
PROCESS try enough ideas, we’ll hit a “home run”
entrepreneurship journey tweaking one idea to find product-market fit
Copyright © 2015 Academy for Corporate Entrepreneurship I www.afce.co
ENTREPRENEURS ARE MADE, NOT BORN!ENGAGE EMPLOYEES
Successful entrepreneurs do share common characteristic traits but the entrepreneurial skills need to be learned and practiced – especially in a digital age.
By 2020 almost half of the workforce will be made up by millennials that want entrepreneur type challenges. Innovation need not be restricted to R&D labs but is everyone’s responsibility. Now is the time to build an army of corporate entrepreneurs who create new opportunities for your organisation.
71% of millennials at “regular” jobs would prefer to quit and work for themselves. 60% of them will likely do so within two years.Entrepreneur
The average entrepreneur has 14 years of work experience.
Javelin
Copyright © 2015 Academy for Corporate Entrepreneurship I www.afce.co
WHOWEARECorporate Entrepreneurship Experts
Learn from those who have done it before! We work closely with the best and brightest who live at the intersection of coaching startup teams and implementing corporate innovation programs. Each mentor is specifically selected to align with a certain part of our curriculum depending on their skill set and what each Lean Intrapreneurship Lab is designed to achieve. Our mentors are at the forefront of the world’s leading startup accelerator and incubator programs and have vast experience as innovation catalysts within Fortune 500 organisations. As we collect more and more experience, we are able to further enhance the quality of our programs.
Hands-On Experiential Learning
Thanks to our world-class mentors and great advisors, we’ve been able to adapt and refine the best Silicon Valley techniques to apply Corporate Entrepreneurship in your organisation. Through hands-on experiential learning guided by our curriculum and mentors, participants will develop the entrepreneurial mind set and skills required to bring new products and services to market faster and more successfully. We teach the capabilities, help build the support systems and develop new leadership skills necessary to create a culture of innovation and entrepreneurship.
Easy to Deploy, Anywhere, Tailored to your Needs
Our approach has been tried, tested and further developed in a number of Fortune 500 companies, providing us with a reliable Blue Print to efficiently up-skill employees whilst developing new ideas. In a matter of days we can customize our approach to make it fit your current innovation imperative and get started, anywhere in the world!
The Founder Institute has launched over 1,700 startups with an 85% survival rate.By their very nature, entrepreneurs specialise in driving results and creating innovative solutions with a minimal amount of resources. Employees in organisations of any size can EHQHƂW�IURP�DGRSWLQJ�DQ�HQWUHSUHQHXULDO�mindset to do the same within the enterprise. Seeing entrepreneurship take-off within the organisation is probably one of the most LPSRUWDQW�ƂHOGV�RI�PRGHUQ�WLPH�Adeo Ressi, CEO & Founder, The Founder
Institute
Co-organisers of the Intrapreneurship Conference
Copyright © 2015 Academy for Corporate Entrepreneurship I www.afce.co
1. IDEATION 2. DISCOVERY 3. INCUBATION 4. LAUNCH 5. SCALE
Disruptive ideas Problem-Solution Fit Product-Market Fit Sales Traction Optimise
SEARCH EXECUTE
VALLEY
OF DEATH
The Lean Intrapreneurship Lab is a 2 Day + 12 Week Part-Time experiential training and mentoring program for Intrapreneurs and Innovation Catalysts. A proven structured curriculum provides the foundation along with continuous mentoring support with a focus on applying customer facing lean experiments.
PRODUCTOVERVIEWLean Intrapreneurship Labs
Rapid Experiments Pivot & Iterate Sales
PREPARATION MONTH 1
ENGAGE EMPLOYEES
KICK OFF / LEAN INNOVATION WORKSHOP
- Introduction to Intrapreneurship Capabilities- Multiple Learning’s from Real Customers - Tested Disruptive Ideas using Experimentation- Screened Potential Intrapreneurs
- Enhanced Capabilities of Intrapreneurs- Tested and Validated Business Models- Pipeline of Investment Ready Ventures- Ready to launch Lean Innovation Systems
- Leadership driving Lean Innovation Systems- Scale with “Train the Trainer” - An Army of Intrapreneurs- Culture of Lean Innovation & Intrapreneurship
ACCELERATE INNOVATION TRANSFORM CULTURE
DAY 1 DAY 2 MONTH 2 MONTH 3 3 Levels of Certification
GOAL
OUTCOMES
PHASE 1THE DISCOVERY JOURNEY
PHASE 2INNOVATION CATALYST PROGRAM
PHASE 3
OUTCOMES OUTCOMES
EXAMPLE GOAL EXAMPLE GOAL EXAMPLE
10 PARTICIPANTS
2 Startup Teams
10 PARTICIPANTS
2 Startup Teams
4 Innovation Catalysts
ProductCustomer
GET YOURINNOVATION MOJO
BACK!
Copyright © 2015 Academy for Corporate Entrepreneurship I www.afce.co
GET YOURINNOVATION MOJO
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When something is important enough, you do it even if the odds
are not in your favour.Elon Musk
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ACADEMY for
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