Response paper - Fundamentals of Innovation & Entrepreneurship

Fundamentals of Innovation & Entrepreneurship

Date of First GET2SCORE ___________________________

Student Name ____________________________________________________

Student ID ___________________________________________________

Major ____________________________________________________

Current Year of study ________________________________________________

Age ____________

Gender (circle one of the following options) Female Male

Country of Birth _____________________________________________

Nationality (if dual nationality, list both) _________________________________________________________________________________

Do you have entrepreneur parent(s)? (Circle one of the following options) Yes No

Do you own a business? (Circle one of the following options) Yes No

Do you intend on starting a business? _________________________________________________

If Yes, what type of business do you intend on starting? __________________________________

Have you studied an entrepreneurship program or attended any entrepreneurship training/workshop before, if so, please mention the names of the program and where you have undertaken these?______________________________________________________________________________________________________________________________________________________________________________________________________________

Why did you enroll on GED 140? ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

GET 2 SCORE (FIRST ROUND)

OVERALL GET 2 SCORE (FIRST ROUND) __________%

FIRST ROUND SCORES

ACHIEVE %

AUTONOMY %

CREATIVE %

RISK TAKING %

CONTROL %

DO YOU FEEL THIS WAS AN ACCURATE REPRESENTATION OF YOUR ENTERPRISING TENDENCIES, PLEASE EXPLAIN WHY?

_____________________________________________________________________________________

Section 1

· What are your goals (career and/or educational) after you leave your university?

· What is your vision, your values and your mission?

· Vision: the long-term destiny of the [Individual].

· Mission: a formal summary of the aims and values of an [Individual].

· a description of the course of action to implement the vision.

· Values: WHAT ARE YOUR UNIQUE BENEFITS?

· List the 3 questions that guide your choices.

· Essential questions to direct your life and work.

· Example: How can I have impact? What do I love? What do I fear? What engages my passions? How do I want to be remembered?

· The answers to these questions may well change over time, but when the questions are fundamental they tend to last a lifetime

Section 2: Marketing and Implementation Strategy

· Create your market positioning statement (about YOURSELF). This may be directed at a hypothetical employer, industry, organization, or the world at large.

· What compelling value will you offer to your employers and society?

· How will you differentiate from other UAE students? How about from the broader population?

· Positioning statement

· For (target customer)

· Who (statement of need or opportunity)

· (product name) is a (product category)

· That (statement of benefit)

· Differentiation

· Unlike (primary competitive alternative)

· Our product (statement of primary differentiation)

Positioning Map

You may choose adapt these categories.

Entrepreneurial Aspirations

Low Enterprising High Enterprising

Job Aspirations

Step 3

· What are the key milestones and checkpoints in your plan?

· Your plan: What are your goals (career and/or educational) after you leave your university?

· Milestone: a significant stage or event in the development of something.

· How will you measure/determine if you have successfully attained these milestones? How do you define success?

· What external factors might affect (positively or negatively) your attaining success?

Management process for developing a strategy (to modify to apply to yourself and your future)

1. Describe the [Individual]’s core competencies.

2. Describe the industry and context for the [Individual] and its competitors.

3. Determine the [Individual]’s strengths and weaknesses in the context of the industry and environment.

4. Describe the opportunities and threats for the [Individual]

5. Identify the key factors for success.

6. Formulate strategic options and select the appropriate strategy.

· Share one failure experience from your past

· Tell me what you have learned from it.

· How will it help you in the future?

STEP 4 Entrepreneurial Ethics

· How do you plan to practice ethical principles in your daily actions?

· If you could assemble any 3 people to advise and mentor you, who would they be?

· They may be alive or dead, family or world leaders, friends or strangers.

· Why would you choose each?

· Is it their wisdom, their accomplishments, their words, their creativity, their character, their heroic deeds

· Summarize your project in 6 words (e.g., humanist, engineer, global citizen, caring teacher”).

The following survey must be completed at the END of the program

GET 2 SCORE (SECOND ROUND)

OVERALL GET 2 SCORE (Second Round) __________%

SECOND ROUND SCORES

ACHIEVE

AUTONOMY

CREATIVE

RISK TAKING

CONTROL

DO YOU FEEL THIS WAS AN ACCURATE REPRESENTATION OF YOUR ENTERPRISING TENDENCIES, PLEASE EXPLAIN WHY?

_____________________________________________________________________________________

Please specify what you have enjoyed the most about this course?

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Any suggestions?

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