Fundamentals of Innovation and Entrepreneurship
INDIVIDUAL ASSIGNMENT: Personal Business Plan
Deadline: to be delivered in Session 15
In this project, learners will share highlights on how entrepreneurship and innovation could play a role in their personal and career paths as well as how they may be able to improve their levels of innovative and entrepreneurial thinking and behavior. Think about the future, what are the potential opportunities and how are you going to plan your future according to these opportunities.
Goals and Learning Outcomes Addressed
Personal Business Plan and Development of Innovation and Entrepreneurship
The goal of the assignment is to identify where you want to be and how you will get there given the entrepreneur skills and knowledge that you have gained in this course. Do not worry about your current resources. Think entrepreneurially and futuristically.
Your personal business plan should include a long-term vision statement, the “external” opportunities that exist, your “internal” (personal) strengths, and a strategy for yourself and your life over the next three to five to ten years. The assignment should consist of 3-4 pages that summarize as many of the areas below as possible.
Elements to address include:
Vision and Opportunity
Marketing and Implementation Strategy
Risks and Mitigation
Entrepreneurial Ethics, Personal “Board of Directors” Summary
Further Development Strategies
It is often the subject of debate in business schools as to whether or not we can really make someone more entrepreneurial, innovative, a better leader, and so on or if certain people are born with particular traits that make them this way.
Cover page with the title, your name, and ID, body of the document that includes the different sections (3- 4pages), references, and exhibits section (e.g., any pictures, figures, graphs, tables, charts, calculations, and spreadsheets that may help support your answers – always make sure to refer to them in the narrative if you include them).
Presentation: In class during Week 15. All learners are required to be present.
Deadline for submission of written material and PPT slides to the VLE: 12:00 pm UAE Time on the day scheduled for presentation. Penalty for late submission.
Grading Written Document (20 marks) Presentation along with PowerPoint, Poster, any illustration (20 marks).
Learners will be evaluated on the extent to which they use concepts that they learned about in the lectures, videos, and readings, presentation mechanics and use of relevant visual aids, and the quantity and quality of thoughts associated with the assignment.
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