Active Learning in Business Management

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Active Learning in Active Learning in Business Business Management Management Aspero kompetens, Malmö Aspero kompetens, Malmö

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Active Learning in Business Management. Aspero kompetens, Malmö. Johan Olson. Projectmanager (cert IPMA) Cleantech & Medtech Serial entrepreneur Running 3 small companies Previously 3 other Education ; Lund University Aspero – teacher and MoB. Business development. - PowerPoint PPT Presentation

Transcript of Active Learning in Business Management

Page 1: Active Learning in Business Management

Active Learning in Active Learning in Business Management Business Management

Aspero kompetens, MalmöAspero kompetens, Malmö

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Johan OlsonJohan Olson Projectmanager (cert IPMA)Projectmanager (cert IPMA)

Cleantech & MedtechCleantech & Medtech

Serial entrepreneurSerial entrepreneur Running 3 small companiesRunning 3 small companies Previously 3 otherPreviously 3 other

Education; Lund UniversityEducation; Lund University

Aspero – teacher and MoB Aspero – teacher and MoB

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Business developmentBusiness development

Incl. in programs of Business dev.Incl. in programs of Business dev. E-commerceE-commerce International ecomonicsInternational ecomonics International tradeInternational trade EU EU MarketingMarketing Business administrationBusiness administration Business englishBusiness english EntrepreneurshipEntrepreneurship InternshipInternship

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Into reality of Business dev.Into reality of Business dev.

Not only academic papersNot only academic papers BusinessplanBusinessplan AnalysisAnalysis MentorsMentors Real world connectionsReal world connections New ideasNew ideas Starting my own businessStarting my own business

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Not only internshipNot only internship

Test a business ideaTest a business idea Businessplan draftBusinessplan draft Make a complete business planMake a complete business plan

Can we give the students the Can we give the students the motivation of giving that little motivation of giving that little extra...extra...

or will it just be an academic paperor will it just be an academic paper

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What will motivate?What will motivate?

Not school Not school Not teachersNot teachers Not even an interesting caseNot even an interesting case

But the real thing always But the real thing always motivates...motivates...

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VentureCup VentureCup

Venture Cup is a business plan Venture Cup is a business plan competition with the objective to competition with the objective to stimulate entrepreneurship and stimulate entrepreneurship and to increase the founding of new to increase the founding of new companies. companies.

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Three steps...Three steps...

Business Idea Business Idea 10 prizes 10 prizes

Businessplan draftBusinessplan draft No prizesNo prizes

Businessplan local competitionBusinessplan local competition First prize 200.000, second First prize 200.000, second

100.000 and third 50.000 SEK100.000 and third 50.000 SEK Businessplan national comp.Businessplan national comp.

First prize about 700.000 SEK ...First prize about 700.000 SEK ...

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VentureCup prizesVentureCup prizes

Contributions from sponsorsContributions from sponsors National prize winner will National prize winner will

receive around 1 million SEKreceive around 1 million SEK Studentprizes Studentprizes

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Not only a competitionNot only a competition

Concept Concept Venture Cup offers a unique Venture Cup offers a unique

opportunity to develop your opportunity to develop your innovative concept into an innovative concept into an effective business plan. Anyone effective business plan. Anyone with an innovative concept who with an innovative concept who wants to start a business is wants to start a business is welcome to participate in welcome to participate in Venture Cup, free of charge. Venture Cup, free of charge.

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Guidance and judgingGuidance and judging

Every level offers mentorship Every level offers mentorship guidanceguidance Normally retired CEOs, former Normally retired CEOs, former

businessowners ...businessowners ... Every level is judged by Every level is judged by

professionalsprofessionals eg former CEOs, Business dev., eg former CEOs, Business dev.,

bankers, riskcapitalists and so onbankers, riskcapitalists and so on

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Expert eveningExpert evening

Like speed dating with professionals – free of charge!

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SecrecySecrecy

Every step of the way everything Every step of the way everything is kept at highest level of is kept at highest level of secrecy.secrecy.

All staff, mentors and other All staff, mentors and other consultants work under NDAconsultants work under NDA

VentureCup does not take any VentureCup does not take any stake in any results stake in any results

Everyone decides what to make Everyone decides what to make publicpublic

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Series TechSeries Tech (3:e, 2009)(3:e, 2009)

Published;Published;

””The type of motor most commonly The type of motor most commonly used in hybrid vehicles today is built used in hybrid vehicles today is built around a permanent magnet rotor around a permanent magnet rotor (PMSM). SeriesTech aims to (PMSM). SeriesTech aims to revolutionize hybrid car market by revolutionize hybrid car market by introducing its patented, low cost and introducing its patented, low cost and efficient SMSM technology as an efficient SMSM technology as an alternative to the currently used high alternative to the currently used high cost and scarce PMSM technology.” cost and scarce PMSM technology.”

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Students Students

Entering the competition Entering the competition individually or as a team.individually or as a team.

Gets free guidance from ”real”-Gets free guidance from ”real”-businesspersonsbusinesspersons

Gets judgement from ”real”-Gets judgement from ”real”-businesspersons businesspersons

Can win both fame and ”fortune”Can win both fame and ”fortune” Are motivatedAre motivated

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Seminars Seminars

VentureCup also offers a wide VentureCup also offers a wide range of seminars to range of seminars to competitors...competitors... Market analysisMarket analysis How to present yourself and your How to present yourself and your

companycompany RhetoricsRhetorics Networking etc. Networking etc.

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Inspiration – former winnersInspiration – former winners

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Inspiration from celebretiesInspiration from celebreties

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NetworkNetwork

Students get to meet both other Students get to meet both other competitors, mentors, staff and competitors, mentors, staff and great many other people during great many other people during the competition.the competition.

So even if they do not win the So even if they do not win the actuall competition they will actuall competition they will during the 6 months win several during the 6 months win several potential business colleagues.potential business colleagues.

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SponsorsSponsors

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What can we do to help?What can we do to help?

During this period we combine During this period we combine the studies so that they fit the studies so that they fit Businessplaning, budget, financeBusinessplaning, budget, finance

We assist in evaluation of We assist in evaluation of different ideas and prospectsdifferent ideas and prospects

We are now the natural sparring We are now the natural sparring partner for the students instead partner for the students instead of just the teachersof just the teachers

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VentureCup providesVentureCup provides

Handbook (approx. 116p)Handbook (approx. 116p) Step 1; Checklist Business ideaStep 1; Checklist Business idea Step 2; Draft BusinessplanStep 2; Draft Businessplan Step 3; Checklist BusinessplanStep 3; Checklist Businessplan Businessplan examplesBusinessplan examples Model balance sheets and Model balance sheets and

income statement in excelincome statement in excelAs in realworld you have the As in realworld you have the

model – you need just to fill itmodel – you need just to fill it

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Students need to participateStudents need to participate

For that it takes great For that it takes great knowledge, knowledge, commitment andcommitment and management skillsmanagement skills

fullfilling the VentureCup taskfullfilling the VentureCup task

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Step 1; Business IdeaStep 1; Business Idea

Formal requirements- Min 2 pages of text and max 4- Max 6 pages appendices (no text)

- TNewRoman 11p, 1,5 lines ...- Must not be an active company- Deadline is final

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Described the fundamental idea of your product/service?

Is the customer value clearly described?

What is unique for your product/service?

Have you described the pricing of your product/service?

Step 1; Business IdeaStep 1; Business Idea

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Have you calculated how big your market is and which growth potential it has?

Have you described your customers?

Have you described your competitors?

Step 1; Business IdeaStep 1; Business Idea

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Have you described how your company will generate revenue? How will you make money?

Have you identified your role within the company?

Have you estimated the profit potential?

Step 1; Business IdeaStep 1; Business Idea

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Step 2; Draft Business planStep 2; Draft Business plan

Formal RequirementsFormal Requirements 8-20 pages 8-20 pages Max 12 appendicesMax 12 appendices Deadline is finalDeadline is final

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Step 2; Draft Business planStep 2; Draft Business plan

Tip; When looking at an executive summary, the customer value and how you are supposed to make money out of the idea ought to be obvious!

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Step 3; Business planStep 3; Business plan

Formal RequirementsFormal Requirements 8-20 pages text8-20 pages text Max 12 appendices (no text)Max 12 appendices (no text) Deadline is finalDeadline is final

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Step 3; Business planStep 3; Business plan

The complete Businessplan in 9 The complete Businessplan in 9 segments for success!segments for success!

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PresentationPresentation

In front of an expertpanel of 10-In front of an expertpanel of 10-20.20.

8 minutes sharp8 minutes sharp

To select the winner a pitch-To select the winner a pitch-seminar is alway held with the seminar is alway held with the nominees behind closed doors.nominees behind closed doors.

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The final eveningThe final evening

No-one knows who will winNo-one knows who will win Not even the selected nomineesNot even the selected nominees Nominees are presentedNominees are presented Long wait during entertainmentLong wait during entertainment Winner are presentedWinner are presented Some are happy others sadSome are happy others sad Party follows (beware of press)Party follows (beware of press)

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FeedbackFeedback

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What is the challenge?What is the challenge?

Approx 200 applicants every Approx 200 applicants every yearyear

Students, Entrepreneurs, Students, Entrepreneurs, Professors, Spinn-offs Professors, Spinn-offs

Discouraging?Discouraging? Challenging for most!Challenging for most!

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What happens after?What happens after?

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Real challenge – experience Real challenge – experience for lifefor life

We believe that this oppertunity We believe that this oppertunity gives our students gives our students Experience,Experience, ConfidenceConfidence A great network of new peopleA great network of new people Real-life challenge Real-life challenge MotivationMotivation Test-drive of entrepreneurial skillsTest-drive of entrepreneurial skills And much moreAnd much more

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Is it possible to do elsewhere?Is it possible to do elsewhere?

Denmark (venturecup.dk)Denmark (venturecup.dk) Finland (venturecup.fi)Finland (venturecup.fi) NorwayNorway Baltic region?Baltic region?

3 employees3 employees own conceptown concept SponsorsSponsors BusinesspeopleBusinesspeople

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Thank you!Thank you!

I hope that we might have I hope that we might have inspired some of youinspired some of you

I would love to hear from you if I would love to hear from you if you try a VentureCup build upyou try a VentureCup build up

Questions?Questions?

My e-mail; [email protected] e-mail; [email protected]

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Chapter 8 — Using Active Learning in the Classroom Lesson Delivery 1 Chapter 8: Using Active Learning Chapter 8 — Using Active Learning in the Classroom Active learning shifts

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Active Learningactivelearner.ca/wp-content/uploads/2013/12/Active-Learning-iBook.pdfAn Active Learning classroom can be a special space designed to support Active Learning activities

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Introduction to Active Learning and Active Learning Classrooms :

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01 - MW Active Learning Worksheets Exercises Without Benefits and Business Drivers

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