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Forming An Organization

Forming An Organization. Entrepreneurship in Technology. The Entrepreneurial Context. Start Ups are necessarily small Everyone wears multiple hats Deadlines are short, resources are scarce Assembling People does not make a team Exist to Achieve a Common Goal

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Forming An Organization

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  1. Forming An Organization Entrepreneurship in Technology

  2. The Entrepreneurial Context • Start Ups are necessarily small • Everyone wears multiple hats • Deadlines are short, resources are scarce • Assembling People does not make a team • Exist to Achieve a Common Goal • Interdependent to Meet that Goal • Bound and Stable over Time • Authority to Make Decisions • Exist in a Social Context

  3. The Idea • Starts the Whole Process • Vision Establishes the Common Goal • Passion Allows the Team to Bond • Deadlines • Get it Done • (Driven by You and Your Team)

  4. The Entrepreneurs Role • Filmmakers and Entrepreneurs • You’re the Producer • Provide Committed and Focused Leadership • Positive Attitude and Positive Valuation • Influence, Contact and Knowledge • Knowledge and Skills • Effort and Motivation • Communication and Coordination

  5. Designing the Organization • Design the Culture • Teamwork • Flexibility • Broad Roles • Shared Authority • Information Sharing • Accountability • Fun and Motivating

  6. Designing the Organization • Design the Environment • Game Rooms? • Kitchens? • Lounges? • Labs? • Layout • Ergonomics

  7. Maxims • Org Charts are Unimportant if not Irrelevant • Titles are Unimportant • Beware the “Corporate Amex Card” • One Riot, One Ranger • Spring Steel, Not Titanium • Choosing a Crew for a Blue Water Cruise • Make Your Mistakes Early

  8. Picking and Sticking • Picking • Project Forward to Where You Want to Be • Use the Data to Plan How to Get There • Check Your Gut • Consider the Implications Several Steps Ahead • Projecting Forward • Convergent vs. Divergent Reasoning

  9. Pick and Stick • Using Data to Plan • Build It and They Will Come • What’s the Yield • Check Your Gut • Or not • Consider the Implications • Reflecting on Consequences

  10. Pick and Stick • Sticking • Harder than Picking • What Do Your Resources Allow • Have a Plan: Communicate It • Scan the Horizon • Tacking • Don’t Divert • Side Expeditions

  11. Pick and Stick • Plan for Plans to Fail • Prevention Planning • Aversion Tactics • Recovery Actions • Remember Why You Set Sail

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