#cpaf15 ws6: business risk mitigation(basil springer gcm, phd,change-engine consultant,trinidad and...
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![Page 1: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/1.jpg)
Basil Springer GCM, PhD
Change-Engine ConsultantCBET
“Business Risk Mitigation"
UWICHTue Nov 3 2015
![Page 2: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/2.jpg)
Caribbean Business Enterprise Trust Inc. (CBET)
Indentified the Challenges to Enterprise Development
![Page 3: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/3.jpg)
Major Challenges to Enterprise Development
#1 Poor selection of enterprises and promoters of enterprises
#2 High failure rate of start-ups
#3 Lack of timely access to appropriate sources of finance
Money is not the challenge – access to it is!
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The CBET Shepherding Model™
A Caribbean Catalyst Turning Concepts into Commercial Realities
Provides the Solutions
![Page 5: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/5.jpg)
“First Step”
Assign Shepherd to a
Potential Entrepreneur
![Page 6: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/6.jpg)
How to select enterprises to grow the economy?
Choose “DNA of an Elephant” enterprises and conduct due diligence on the enterprise
and the promoter
Challenge #1The CBET Shepherding ModelTM
Solution #1
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How to address high failure rate and the attendant risk?
Give special care to the mindset of the entrepreneur
and the management of business systems
(Shepherding)
The CBET Shepherding ModelTM
Solution #2
Challenge #2
![Page 8: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/8.jpg)
“Shepherding as Collateral”
Shepherding Mitigates the Risk of Business Failure
and hence secures the Seed/Equity/Loan Capital
Investment
![Page 9: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/9.jpg)
How to get access to finance?
Introduce Innovative Seed/Equity/Loan Capital Funds with Shepherding as collateral
The CBET Shepherding ModelTM
Solution #3
Challenge #3
![Page 10: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/10.jpg)
Government Capitalized Revolving and Growth Seed Fund
– Advance from fund to pay Shepherd and Fund Operation
Expenses
– Recover advancefrom Equity Fund at a profit
The CBET Shepherding ModelTM
Initial Funding
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Private Sector Managed Equity/Loan Fund
Private Sector Investment with Government Incentives and with
Shepherding as Collateral
The CBET Shepherding ModelTM
Initial Funding
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The 5M Start-up Business Construct
1. Model
2. Management
3. Mindset
4. Mentoring
5. Money
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The 5M Start-up Business Construct
1. Model
Inventor - Presents Idea
Innovator - Converts idea to
a product or service
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The 5M Start-up Business Construct
2. Management
Entrepreneur -
Starts small; Does it right; Makes profit; Then expands
![Page 15: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/15.jpg)
The 5M Start-up Business Construct
3. Mindset Shepherd
Life coaches the entrepreneur
4. Mentoring Shepherd
Management of business systems
Shepherding
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The 5M Start-up Business Construct
5. Money
Investor -
Funds the business
![Page 17: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/17.jpg)
The 5M Start-up Business Construct
1. Model
2. Management
3. Mindset
4. Mentoring
5. Money
![Page 18: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/18.jpg)
“Second Step”
Start your Business with a Board Meeting
![Page 19: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/19.jpg)
A Shepherding Tool
ManOBiz Matrix ™
The Management of Business Systems Matrix
![Page 20: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/20.jpg)
The Five Classical Functions of Management are:
• Planning• Organizing
• Staffing• Leading
• Monitoring/Controlling
ManOBiz Matrix ™
![Page 21: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/21.jpg)
The Management of Business Matrix™
The five Classical Systems of Business are:
1. Corporate Governance
2. Investment Finance
3. Marketing
4. People Development
5. Operations (Technical) + Admin, ICT, Accounting
Hotels & Tourist Attractions Sub-Sector
![Page 22: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/22.jpg)
If we take all combinations of the five functions of
management and the five systems of business, these
define the 25 cells of the ManOBiz Matrix™.
ManOBiz Matrix ™
![Page 23: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/23.jpg)
Systems of Business
CG InvFinance
Mktg PeopleDev
Ops
PlanningObjectives
OrganizingInstruments
Staffing Teams
Executingto achieve Objectives
ActualDashboards
Func
tions
of
Man
agem
ent
ManOBiz Matrix ™SHEPHERDING TOOL
![Page 24: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/24.jpg)
Economic Gearing SystemHotels & Tourist Attractions Sub-Sector
Taxis, Restaurants, Agriculture & Dive
Sub-sectors
Tourism Sector
Hotels & Tourist Attractions Sub-
Sector
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“Third Step”
Systematically IntroduceThe MANOBIZ™ Matrix
![Page 26: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/26.jpg)
Planning
![Page 27: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/27.jpg)
Corporate GovernancePlanning
StructureTrust
Performance
ROLE Structure
GOAL Trust
OBJECTIVE Performance
![Page 28: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/28.jpg)
FinancePlanning
StructureTrust
Performance
ROLE Protection
GOAL Credit Rating
OBJECTIVE Capital
![Page 29: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/29.jpg)
MarketingPlanning
StructureTrust
Performance
ROLE Life
GOAL Credit Rating
OBJECTIVE Sales
![Page 30: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/30.jpg)
People DevelopmentPlanning
StructureTrust
Performance
ROLE Growth
GOAL Employee Improvement
OBJECTIVE Productivity
![Page 31: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/31.jpg)
OperationsPlanning
StructureTrust
Performance
ROLE Stamina
GOAL Sustainability
OBJECTIVE Profit
![Page 32: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/32.jpg)
Systems of Business
CG InvFinance
Mktg PeopleDev
Ops
PlanningObjectives
√ √ √ √ √
OrganizingInstruments
Staffing Teams
Executingto achieve Objectives
ActualDashboards
Func
tions
of
Man
agem
ent
ManOBiz Matrix ™SHEPHERDING TOOL
![Page 33: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/33.jpg)
Organizing Instruments
![Page 34: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/34.jpg)
Corporate GovernanceInstruments
Vision and Mission
Agenda and Minutes
![Page 35: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/35.jpg)
Investment FinanceInstruments
Savings Family and Friends
GrantsRetained Earnings
ProfitsCrowdfundingPrivate Equity
Bank/Credit Union Loans Angels
![Page 36: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/36.jpg)
MarketingInstruments
Marketing MatrixSales Conversion Flow
Sales CallsSales Forecasts
Social Media
![Page 37: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/37.jpg)
People DevelopmentInstruments
Affirmations of AbundanceTime Management
Performance AppraisalInternet Training
Succession Planning
![Page 38: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/38.jpg)
OperationsInstruments
Process FlowManagement AccountsCash Flow ProjectionsCost ProfilingProfit ProjectionsCash Flow ProjectionsValuationAdmin and ICTAudited Accounts
![Page 39: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/39.jpg)
Systems of Business
CG InvFinance
Mktg PeopleDev
Ops
PlanningObjectives √ √ √ √ √
OrganizingInstruments √ √ √ √ √
Staffing Teams
Executingto achieve Objectives
ActualDashboards
Func
tions
of
Man
agem
ent
ManOBiz Matrix ™SHEPHERDING TOOL
![Page 40: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/40.jpg)
Staffing Teams
Functional Chart
Select and Assign Staff
Organizational Chart
![Page 41: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/41.jpg)
Systems of Business
CG InvFinance
Mktg PeopleDev
Ops
PlanningObjectives √ √ √ √ √
OrganizingInstruments √ √ √ √ √
Staffing Teams √ √ √ √ √
Executingto achieve Objectives
ActualDashboards
Func
tions
of
Man
agem
ent
ManOBiz Matrix ™SHEPHERDING TOOL
![Page 42: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/42.jpg)
Executing to Achieve Objectives
Set at the Planning Stage
![Page 43: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/43.jpg)
Monitoring/ControllingBased on
Actual Dashboard Readings
matched againstSet Objectives
![Page 44: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/44.jpg)
Systems of Business
CG InvFinance
Mktg PeopleDev
Ops
PlanningObjectives √ √ √ √ √
OrganizingInstruments √ √ √ √ √
Staffing Teams √ √ √ √ √
Executingto achieve Objectives
√ √ √ √ √
ActualDashboards
√ √ √ √ √
Func
tions
of
Man
agem
ent
ManOBiz Matrix ™SHEPHERDING TOOL
![Page 45: #CPAF15 WS6: Business Risk Mitigation(Basil Springer GCM, PhD,Change-Engine Consultant,Trinidad and Tobago)](https://reader036.vdocument.in/reader036/viewer/2022070510/58a661e51a28ab1c5b8b64e3/html5/thumbnails/45.jpg)
E-mail: [email protected]
Websites: www.cbetmodel.org www.nothingbeatsbusiness.comwww.marketplaceexcellence.comwww.cmexmedia.orgwww.bankonme.tv/ Facebook pages:www.facebook.com/pages/Global-Business-Innovation-Corporation/753733398043788www.facebook.com/basilgf
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Thanks You