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Learning Objectives

Learning Objectives. What we will learn today: To demonstrate your understanding of a range of Enterprise Skills needed to be successful in business To understand making connections, using ‘ Mindmaps ’ to create and organise ideas and plans What will be expected from me:

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Learning Objectives

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  1. Learning Objectives What we will learn today: • To demonstrate your understanding of a range of Enterprise Skills needed to be successful in business • To understand making connections, using ‘Mindmaps’ to create and organise ideas and plans What will be expected from me: Create mind maps, individual exercises Why are we doing this: ...because successful businesses are forward thinking

  2. Starter • Dyson's new vacuum cleaner "The Ball" was developed in order to compete against the increasing number of bagless vacuum cleaners available. The innovation of placing a ball at the bottom of the cleaner is an example of which enterprise quality? • The ability to ask why? • The ability to ask why not? • Deliberate creativity • Taking risks?

  3. Answer • The ability to ask why not? This is the most appropriate answer BECAUSE you thinking about Why not try a different way of using a vacuum cleaner by using a ball system?

  4. Unit 1.2: Skills of an entrepreneur Think ahead/ Make connections Make decisions Think creatively ‘Deliberate creativity’ Enterprise skills Asking ‘Why?’ Take risks & ‘Why not?’ Protecting your Big Idea Show Initiative Risk Vs Reward Calculated risk

  5. What Does It Take To Be Enterprising? • Creative thinking, Taking risks, plus: Think Ahead Make Connections Show Initiative • Being prepared to risk being wrong • Take a lead • Make people believe in you • Understand how one event may affect another • E.g. oil prices higher costs for businesses • Jeff Bezos quickly saw the potential of the internet to sell products • He set up Amazon in1995 Make Decisions • Decisions are constantly required in business • The Carphone Warehouse made the decision to buy TalkTalk

  6. Activity 1- Enterprising skills Commitment Risk taking Like rewards Gamble own money Problem solving Bold Adventurous Planning Evaluate Communicate Listen to others Team player Leadership Task: Now choose any three and explain why they are important in relation to your own business? (9 marks) A01 = 0 – 3 marks A02 = 4 – 9 marks

  7. Activity 2: Cool Dinners • Now turn to page 77 and 78 and read ‘Cool Dinners’ • Complete the exercises 1 and 2

  8. Mind Maps A planning tool that combine 2 skills: • Thinking ahead (making connections) • Deliberate creativity Resulting in: Ideas + a Plan

  9. Using Mind Maps • An example would be:

  10. Benefits of a Mind Map • Developing a mind map helps: • BRAINSTORM • Come up with ideas • CATEGORISE • Organise your ideas in a logical way • LINK • Recognise that there will be some overlap between your categories and ideas

  11. How To Create A Mind Map

  12. Activity: Create a mind map • 10 minutes to create a mind map to show all the Enterprise Skills that are needed to be successful in business (all you have learnt in this Unit 1.2) • Use examples from a variety of entrepreneurs and companies or brands you are familiar with to illustrate those skills • You will be asked to explain why you chose that person to illustrate that skill

  13. Examples of entrepreneur

  14. Unit 1.2: Skills of an entrepreneur Think ahead/ Make connections Make decisions Think creatively ‘Deliberate creativity’ Enterprise skills Asking ‘Why?’ Take risks & ‘Why not?’ Protecting your Big Idea Show Initiative Risk Vs Reward Calculated risk

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