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Entrepreneurship The box is dead... Christian De Neef Fast Track Consulting – Brussels

Entrepreneurship – The box is dead

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Presentation to The Entrepreneurship Summit at IIT Bombay, January 28, 2012 - Presents the new type of entrepreneurs (compared to brick & mortar) and their distinguishing qualities. Links to the environment in which entrepreneurs have to work, and their need to redefine the box accordingly, as well as the societal implications.

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Page 1: Entrepreneurship – The box is dead

Entrepreneurship – The box is dead...

Christian De Neef

Fast Track Consulting – Brussels

Page 2: Entrepreneurship – The box is dead

We are Entrepreneurs…

Page 3: Entrepreneurship – The box is dead

We are Entrepreneurs…

No Innovation...

No Entrepreneurship!

Security Risk

Join

large companies

Create our own

(start-ups)

Suffer the crisis Enjoy

the opportunity

Follow the book Create New Rules

Burn the box! Inside the box

Undergo

Innovation

Innovate

for a living

Page 4: Entrepreneurship – The box is dead

Service

“The perfect

experience”

Cost “A free

ride”

Performance

"The speed

of light"

Complexity “The ubiquitous -

invisible interface”

Quality

Sustainability

“A safe future”

We must adjust…

We live in a (fast) changing

(business) world…

Page 5: Entrepreneurship – The box is dead

REALITY

(resources, technology)

BELIEFS

(unchallenged assumptions)

ORGANIZATIONS

(structure, boundaries)

SOCIETY

(social pressure, trends)

… the box

Page 6: Entrepreneurship – The box is dead

Reality vs.

Expectations...

zero

infinite Processor

speed

Network

bandwidth Energy

price

Energy

consumption

Access

(always-on)

Access

cost

Environmental

footprint

Reuse

Recycle

Resource

Storage

cost

Storage

capacity

Page 7: Entrepreneurship – The box is dead

Beliefs/Tradition vs. The Future of Innovation

Inte

rnal

Exte

rnal

FOCUS

CAPABILITY Tactical Strategic

Traditional (R&D)

Product/Technology

Protected

Crowdsourcing

Problem solving

Community

Value chain

Core Competency

Business/Service

Focused

“Fully Open Innovation”

Cocreation - Coproduction

Engaged community

“Disruptive”

Page 8: Entrepreneurship – The box is dead

Beliefs/Tradition vs. The Future of Innovation

Product

Process

Busines Model

Market

?

Page 9: Entrepreneurship – The box is dead

Old Values vs.

The New Organizational Frontiers

Ownership Access

Copyright Copyleft

Sedentary Nomadic

(again)

Paying Free

(apparently)

Infinite

Recycling/Reuse

Resource

Constraints

Virtual Physical

(but not the same)

Page 10: Entrepreneurship – The box is dead

Society vs.

Traditional Business Principles

From now on, all Innovation will be

social, because…

“Business cannot survive in a society

that fails” - Feike Sijbesma (DSM)

From now on, all Innovation will be

sustainable, because…

“Any product/services that pollutes, is

only half developed” - John Shirley

(SciFi Author)

Page 11: Entrepreneurship – The box is dead

Society vs.

Traditional Business Principles

Serve

Leverage

Society Entrepreneurship

Page 12: Entrepreneurship – The box is dead

The box is dead...

... long live the box! (constraints favor creativity)

Page 13: Entrepreneurship – The box is dead