global virtual venture valley (vvv) new-generation service facilitating growth of innovative leaders...

Global Virtual Venture Valley (VVV)New-Generation Service Facilitating Growth of

Innovative Leaders and Firms

Not just a business library, but an inspiring business e-coaching service

available free anytime to anybody Not just a business match-maker, but a complete project initiation, planning,

and execution service. Not just a set of business services, but a complete online office equipped with

all necessary information, communication, management and marketing tools.

1. For the era of continuous and systemic innovation, the first-ever inspirational, lean, and just-in-time Business e-Coach building your cross-functional excellence

2. For the era of entrepreneurship, the first-ever Business E-ncubator for start-up ventures

3. For the era of rapid globalization, a global match-maker and online project initiation and execution service for distant partners

1000ventures.com© Vadim Kotelnikov

http://www.1000ventures.com/

http://www.geocities.com/vadimkot_business




Rapidly Changing Global Scenario

Shortening life cycle of products and services “If you understand the technology, it is obsolete”

Rapidly changing business environment “It’s not the big that eats the small; it’s the fast that eats the slow”

Globalization of world economies, technologies and innovations

Shift of emphasis from a decaying industrial economy to a knowledge-based entrepreneurial economy driven by innovative technology

"It's not the strongest nor most intelligent of the species that survive; it is the one most adaptable to change" - Charles Darwin

1000ventures.com

Type of Firms

Share of Total Firms

Growth Rate

Innovation Funding Methods

High Growth 1% >50% Breakthrough Venture capital

Middle-Market 9% >20% Substantial Venture capital

Lifestyle 90% <20% Incremental Asset-based

Virtual Venture Valley (VVV): Target UsersHigh-Growth & Middle-Market Firms, Investors & Venture Catalysts

High-Growth

Middle-Market

Lifestyle

Types of Entrepreneurial Firms

© Vadim Kotelnikov 1000ventures.com

High-Risk

Medium-Risk

Low-Risk

Venture-preneurs {






LINEAR (old)

SYSTEMIC (new)

Target Technological process The entire business wheel

Drivers Technologists Cross-functional teams

Lead Innovator Functional expert Cross-functional synergist

Process Periodic Continuous

“Science is the conversion of money into knowledge.

Innovation is the conversion of knowledge into money”

Evolution of the Innovation ProcessShift from Linear to Systemic Innovation

1000ventures.com

Systemic Approach to InnovationSeven Interwoven Areas of Innovation

BUSINESSinnovation

© Vadim Kotelnikov

ORGANIZATIONALinnovation

PRODUCTinnovation

PROCESSinnovation

MARKETINGinnovation

TECHNOLOGYinnovation

STRATEGYinnovation

1000ventures.com

Business e-Coaching

Project Workspaces

Business Communities

Global DBs & Matchmaker

Ten3 Virtual Office - Lean & Systemic Solutionfor the Era of Globalization, Over-Communication, Systemic

Innovation, Increasing Complexity and Speed

Business Web Sites:DBs, Coaches, E-commerce

Shift to the Ten3 inspirational & lean assistant

Internet is a good library, but a poor librarian







Ten3 Business e-CoachNew Wonder of the WorldNew Wonder of the World – Discovering Synergies!

BUSINESS e-COACH

P e r s o n a l D e v e l o p m e n t

B u s i n e s s D e v e l o p m e n t

V e n t u r e F i n a n c i n g

M a n a g e m e n t & L e a d e r s h i p

UnconsciousIncompetence (I don’t know I don’t know)

ConsciousCompetence (I know I know)

ConsciousIncompetence (I know I don’t’ know)

+

Benefits to face-to face (F2F) service provides

• Market development for customized services

• Better prepared clients

Self-learning & Purchase of Customized Services & Solutions

WinningSynergies

widening horizons building cross-functional

excellence

Cross-functional Excellencex

Functional Excellence=

Sustainable CompetitiveAdvantage

I n n o v a t i o n M a n a g e m e n t

S u s t a i n a b l e G r o w t h

C o m p e t i t i v e S t r a t e g i e s







Ten3 Business e-CoachBoosting Entrepreneurial Creativity

ENTREPRENEURIALCREATIVITY Ignites people

Provides technology of achievement

Builds ‘can-do’ attitude

Knowledge & Expertise

Internal

Motivation

Teaches lateral thinking techniques Simulates a creative-chaos environment

Makes outside-the-box thinking a habit

Uncovers the iceberg of opportunities


Creative Thinking Skills

Provides just-in-time guidance

Develops cross-functional excellence

Business e-Coach: Design PrincipleIntroducing New Ideas to Decision Makers

Implementation

Decision

Connecting totailor-made

face-to-face (F2F)service providers

Curious

Slide Show

Invest

1 min

Slide show (6-10 slides)presenting the subject

Zoom

Interested

ExecutiveSummary

Bullet-styleInspirational

guide(1-2 pages)

Zoom

Committed

InspirationalCoachingCourse

Set ofcross-pollinated

inspirationalguides

Contact


Invest

10 minInvest

1 hour

E-Coaching versus E-LearningDifferences & Complementarity

e-Learning e-Coaching

Helps clients to learn a specific subject Helps clients to identify and define their specific goals, and then organize themselves to attain these goals

Focuses on the subject Focuses on the individuals' ability to learn

Gives effective answers Asks effective questions

Helps clients to learn functions they've never done before

Helps clients to apply themselves personally in new ways

Passes knowledge to the client Helps the client to unlock his or her true potential and generate innovative ideas

Concentrates on the depth of knowledge; develops functional excellence

Concentrates on the width of knowledge; develops cross-functional excellence

Facilitates vertical in-depth thinking Facilitates lateral creative thinking, develops capabilities for looking for wider solutions

Curriculum-based; a journey with a fixed destination

A continuous journey; never-ending improvement process

Helps to develop knowledge reserves Provides just-in-time (JIT) knowledge that can be applied immediately


CONTINUOUS GROWTH

RAPID GROWTH

INITIAL GROWTH

START UP Define product & market niche. Prepare a venture plan.Prepare a business plan. Build management team.Protect your intellectual property. Brand company.Position & launch the product. Create platform to expand lines.

Capture market share. Launch differentiated produce. Gain repeat customers. Expand channels & revenues.Expand management team. Train and coach employees.Start inventing your second stage of growth.

Reinvent differentiation & competitive strategiesCultivate leaders. Empower employees.Broaden lines, extend geographic coverage.Inject relentless growth attitude in your people.

Build a balanced business system. Keep reinventing your growth strategies.Establish a responsive innovation system.Develop capability for flexibility & speed.

High-Growth Business DevelopmentManaging Your Venture at Different Growth Stages


Growth

Maturity

Gestation

Inception

Prototype

FoundersAngel Investors

Venture Capital Firms &Corporate Investors

IPO, Acquisition

time

revenue

Expansion

Roll-out

Banks

• Understanding the process

• Locating & selecting investors & investees

• Preparing investment proposal

• Screening & due diligence

• Negotiating the deal

• Investing

• Monitoring

• Exiting

Venture Financing and Investing

1000ventures.com


Sustainable Growth Strategies


IMPROVEMENT STRATEGIES

Synergistic Organization Inclusive Company / 7-S Model Corporate Capabilities Results-based Leadership Innovation Management System

Value Chain Management Business Process Management Systemic Innovation Continuous Improvement

VENTURE STRATEGIES

Disruptive Product Development Radical Project Management In-company Ventures Spinouts Cooperative Research & Design

Strategy Innovation Opportunity-driven Growth Venture Investing / Acquisitions Joint Ventures

• Balanced Business System• Managing Change & Moving with Speed

• Competitive and Differentiation Strategies

VISION

Building Your Sustainable Competitive Advantage

Master of Business Systems (MBS) x Master of Business Synergies (MBS) = Master of Business Success (MBS)

Personal Development×

People Skills×

Systems Thinking

Venture Management

Venture Financing

Venture Investing

Venture Strategies

Entrepreneurial Leadership

SustainableGrowth

ContinuousImprovement

SystemicInnovation

SynergisticPartnerships

SynergisticProcesses


EntrepreneurialCreativity

SynergisticOrganization

Master of Business Synergies (MBS)

Winning Organization for the New EconomyDifferent Levels of Knowledge Management

KNOWLEDGE MANAGEMENT (both Explicit & Tacit)

RESULTS(Sustained Growth & Value Creation)

INDUSTRIALORGANIZATION

Everybody is learning

LEARNINGORGANIZATION

Everybody is learning teaching &

being taught

TEACHINGORGANIZATION

Everybody is learning teaching &

being taught coaching &

being coached

COACHINGORGANIZATION


Establishing a Coaching Organization Intranet-based Business e-Coach: 24/7 x 360º Benefits

Balanced Strategists Lead Innovators Leaders of Leaders

Corporate Leaders

Business e-Coach Inspiration Guidance Self-Coaching Self-Empowerment Self-Assessment 360º Assessment

Entrepreneurs Team Builders Integrators

TeamLeaders

Self-Leaders Team- Workers Innovators

Employees

Partners Teachers Co-innovators

Customers & Suppliers







Networking Networking CommunitiesCommunities

BusinessBusinessDatabases Databases

ProjectProjectWorkspacesWorkspaces

BusinessBusinesse-Coache-Coach

Virtual Venture Valley (VVV)Site Map of a Ten3 Portal

ExecutiveExecutiveAreaArea

ExecutiveExecutiveAreaArea







Ten3 Portal Components:

In-house & Partner Databases

In-house Databases

PartnerDB

PartnerDB

PartnerDB

PartnerDB

PartnerDB

PartnerDB

Types of Databases:

•Technology opportunities

•Business opportunities

•Investment opportunities

•Partnership opportunities

•Sources of finance

•Service providers

•Job postings

•Investment climate

All Ten3 network databases can be searched simultaneously

1000ventures.com


Ten3 Portal Components

Communities of Stakeholders

Policy

Tech.info

Finance

……Support

Opportunitie

s

Global

Regional

National

Local BiotechnologyNew materials

…..ICT

1000ventures.com


Stakeholder Communities & Project Workspaces: Services

• Project preparation and management

• Business development tools

• Building of the project team

• File sharing

• Pooling of resources

• Access to external services

• Discussion room

• Chat room

• Administration & reporting tools

Project Workspace:

• Network building tools

• Access to relevant online news, databanks and support services

• Sharing of knowledge and ideas

• Posting of business proposals

• Matching of prospective partners

• Expert forums

• Chat rooms

• Personal/corporate sites

• User-customized work space

Stakeholder Networking:

Projectpartners

1000ventures.com


Private Project Development Workspaces Powered by Synergistic Links with the Business e-Coach

PLANNINGPLANNINGStrategic Alignment

Team

Scope

Organization Tree

Risk Assessment

Resources

Change Management

Outcome Lifecycle

Lessons-Learned List

EXECUTIONEXECUTIONAssigning Tasks

Tracking Progress

Monitoring Environment

Managing Change

Managing Risks

Communicating Progress

Evaluating Performance

Reviewing Issues List

Preparing Status Report

CLOSING OUTCLOSING OUTEvaluation

Customer Interview

Final Status Report

Lessons Learned

Recommendations

Close-Out Report

Employing Outcomes

Adding Economic Value

INITIATIONINITIATIONBusiness Case

Charter

Issues List

Types of Projectsthat could be managed

by remote partnersin Ten3 workspaces

• Investment• Technology transfer• Partnership development for entering new markets• Joint product / service development• Value chain management• Infrastructure / institution building, development projects• Organizing large events







Ten3 Global Virtual Venture Valley (VVV): Core Functions

Hybrid Business E-ncubator Without Walls

In-houseTenants

20+

Semi-virtual tenants

Virtual tenants

1000+

100+

PRE-INCUBATION

NEW INCUBATION MODEL

Would-beEntrepreneurs

1000+

SERVICES Would-be Entrepreneurs

In-house Tenants

Semi-virtual Tenants

Virtual Tenants

e-Coaching xxx xxx xxx xxx

Mentoring x xxx xxx x

Housing xxx x

Resourcing x xxx xx x

Ten3 New Business Incubation Model for the

Knowledge Economy

TraditionalIncubator







Global& cross-regional

Multi-lateral• Regional• Sub-regional • Bi-lateral

Domestic• National• State-level• District-level

Global Virtual Venture Valley (VVV)Network of Geographical & Sectoral Portals

Business e-Coach

Project WorkspacesBusiness Communities

Data Banks

BC

PWBC

DB BC

PWBC

DB

Ten3 Portals

Clients

BC

PWBC

DB BC

PWBC

DB

Geographical Ten3 portals have area-specific content & language:

• Business e-Coach• Data Banks

• Business Communities & Project Development Workspaces• Contacts, Links, & Advertisements







Customized Business e-Coach Let’s Develop It for Your Area

Top of the page: Common e-Coaching Module

Sample Chapters:

Starting Your High-Growth Business…Raising Funds for Your Venture…Technology Commercialization…

Customized e-Coach will nurture growth of innovative businesses and individuals in your:

Region

Country

State

City

Industry

Corporation


Click hereto see details and samples

Bottom of the page:e-Guide to Your Business Environment

3 Ps of Customization:PoliciesPracticesPlayers

Ten3 Global Network (Year 2003)

- Project associates / franchisees

1000ventures.com

- Business / training associates


Virtual Venture Valley (VVV)New-Generation Enabling Environment for High-Growth Firms

Dr. Vadim Kotelnikov

Founder, Ten3 Business e-Coach www.1000ventures.com

E-mail: [email protected]

October 2003

THANK YOU!

Would you like to develop a tailor-made Virtual Venture

Valley (VVV) for your country, state, city, or industry?

Click here to see the details.

Would you like to develop tailor-made Ten3 Business e-Coach to facilitate growth of innovative leaders and firms

in your area?

Click here to see details

1000ventures.com

http://www.1000ventures.com/vk.html




http://www.1000ventures.com/ten3_operations/vvv_geo.html

http://www.1000ventures.com/ten3_operations/bec_customized-order.html


global virtual venture valley (vvv) new-generation service facilitating growth of innovative leaders...

Documents

business library

business matchmaker

business encubator

set of business services

changing business environment

execution service

time business ecoach

global matchmaker