Both business and academic communities have embraced the concept of a one-page canvas as a way to conceptualize new ventures, create innovative designs, and teach entrepreneurial thinking. The popularity of the canvas approach has been sparked by Osterwalder’s Business Model Canvas (BMC) [1]. Introduced in 2010, the BMC has been widely adopted in entrepreneurship classrooms, […]
We Aren’t Moving Forward: Where Is Sun Tzu When We Need Him?
The strategic imperative has been communicated and a team is formed but progress is slow to non-existent. What’s the matter? Everyone inside and outside the team agrees something must be done, so why is it starting to feel like the problem is too big for us? It seems like personal agendas are getting in the way. It’s not clear […]
Beyond Problem Solving to Value Creation: Teaching Innovation and Entrepreneurship in an Academic Environment
As an engineering educator at Rose-Hulman where our main focus is on undergraduate education, one of our priorities is to prepare our graduates to be immediate contributors in the workplace upon graduation and to be prepared for success over their careers as technical professionals. The placement rate for Rose-Hulman approaches 100 percent each year with […]
Business Process Improvements Are Valuable Innovations
Over the course of my professional life I have had the opportunity to serve on a number of advisory boards for both non-profit and for-profit organizations. I value my time and only agree to serve on advisory boards where the leaders are individuals that I genuinely respect and who I believe are more than capable […]
Taking Innovation Initiatives a Step Further
Today’s post touches on one of the more popular startup education approaches, Lean LaunchPad, which has proven effective in a wide range of contexts across the country (i.e., universities, large and small business development settings, the NSF I-Corps program), and for good reason. Lean LaunchPad presents a systematic process for customer discovery and product-market fit. […]
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