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An Invitation to a Challenge! Toronto Mumineen Trade Forum Pervez (Mustafa) Nooruddin.

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Presentation on theme: "An Invitation to a Challenge! Toronto Mumineen Trade Forum Pervez (Mustafa) Nooruddin."— Presentation transcript:

1 An Invitation to a Challenge! Toronto Mumineen Trade Forum Pervez (Mustafa) Nooruddin

2 © Ignite Your Imagination 2006Page 2 Agenda 1.TMTF Introduction (15 min) 2.Advantages to Mumineen (15 min) 3.Personal Evaluation (30 min) 4.TMTF Survey and Plans (15 min) 5.Questions and Discussions (30 min) 6.Closing Remarks (5 min)

3 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 3 Agenda 1.TMTF Introduction (15 min) 2.Advantages to Mumineen (15 min) 3.Personal Evaluation (30 min) 4.TMTF Survey and Plans (15 min) 5.Questions and Comments (30 min) 6.Closing Remarks (5 min)

4 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 4 Why TMTF? Advantage to YouAdvantage to You –Potential and Current Business Owners Advantage to the communityAdvantage to the community Advantage to the societyAdvantage to the society It’s in our blood!It’s in our blood! Toronto Mumineen Trade Forum Time of Mumineen To Flourish

5 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 5 The Physical world we live in! Three dimensionalThree dimensional Different facesDifferent faces This is normal!This is normal! What is inside, that matters!What is inside, that matters! PUBLIC FACE (P) FACE IN MIRROR (M) PRIVATE FACE (F&F)

6 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 6 In this world, there are many heads, but in each head there is a different world Ida Jo Moreno, hat renovator

7 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 7 The Three Faces of TMTF The body as wholeThe body as whole Different facesDifferent faces This is normal!This is normal! What is inside, that matters!What is inside, that matters! BUSINESS OWNERS CURIOUS INDIVIDUALS SERIOUS ENETERPRENEURS

8 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 8 TMTF Mission To Foster, Promote, and Serve the Mumineen business community in Ontario. Vision To be a regional leader on issues vital to a thriving business community

9 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 9 TMTF Goals Serve as a catalyst that offers a strong foundation for economic developmentServe as a catalyst that offers a strong foundation for economic development Provide a forum for idea exchangeProvide a forum for idea exchange Enhance our community’s competitivenessEnhance our community’s competitiveness Be a strong advocate for continued development of our community and a partner for prosperityBe a strong advocate for continued development of our community and a partner for prosperity Provide effective communications with members and the communityProvide effective communications with members and the community Financial responsibilityFinancial responsibility Recognize and foster regional interdependence, support, and collaborative planningRecognize and foster regional interdependence, support, and collaborative planning To provide leadership for our members in addressing issues of concernTo provide leadership for our members in addressing issues of concern Help entrepreneurs at the early and initial growth stage of their business by assisting them to make good business decisions, to develop their management capabilities, to link them to information concerning marketing, management, leadership solutions and sources of financing.Help entrepreneurs at the early and initial growth stage of their business by assisting them to make good business decisions, to develop their management capabilities, to link them to information concerning marketing, management, leadership solutions and sources of financing. To establish a contact with every Mumin businessman or professional in Ontario and all over Canada.To establish a contact with every Mumin businessman or professional in Ontario and all over Canada.

10 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 10 Why Now? Large companies downsizing/outsourcingLarge companies downsizing/outsourcing Current culture changing to from Jobs to Profession/Career to ‘Lifestyle’Current culture changing to from Jobs to Profession/Career to ‘Lifestyle’ York Region implementing ‘Inclusivity Action Plan’ to help small communities and new immigrants to settle hereYork Region implementing ‘Inclusivity Action Plan’ to help small communities and new immigrants to settle here York Region expects to grow from 340,000 people and 27,000 businesses to 800,000 people in next 20 years …JUST IMAGINE THE BUSINESS HERE!York Region expects to grow from 340,000 people and 27,000 businesses to 800,000 people in next 20 years …JUST IMAGINE THE BUSINESS HERE!

11 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 11 Agenda TMTF Introduction (15 min) TMTF Introduction (15 min) 2.Advantages to Mumineen (15 min) 3.Personal Evaluation (30 min) 4.TMTF Survey and Plans (15 min) 5.Questions and Comments (30 min) 6.Closing Remarks (5 min)

12 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 12 TMTF – Three Faces 1.Mumineen who are curious to start a business 2.Mumineen who are seriously considering to start their business 3.Mumineen who are currently operating a business and need help

13 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 13 TMTF – Helping the Curious Identify OpportunitiesIdentify Opportunities Help PrioritizeHelp Prioritize Coach and AdviseCoach and Advise Every significant step in every field is taken by an individual who has freed himself from a way of thinking held by associates and friends who may be more intelligent, better educated and better disciplined… but who have not mastered the art of the fresh, clean look at old knowledge. Edwin Land, founder of Polaroid

14 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 14 TMTF – Helping the Serious Help in NetworkingHelp in Networking Review Risks and OpportunitiesReview Risks and Opportunities Advise on PlansAdvise on Plans Assist in FinancingAssist in Financing I cannot tell you the truth. I can only show you what I see. Arnold Wytenburg, business consultant & complexity theorist

15 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 15 TMTF – Helping the Businesspersons Management Consulting for Strategic PlanningManagement Consulting for Strategic Planning Assistance in FinancingAssistance in Financing Help in NetworkingHelp in Networking Member to member discounts for services (web, printing etc.)Member to member discounts for services (web, printing etc.) All information is about change. Otherwise we wouldn’t need any. Arnold Wytenburg, business consultant & complexity theorist

16 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 16 So, ….TMTF? A forum with the raza of Aqua Moula (TUS) to help mumineen migrate from ‘service and employment mindset’ to ‘entrepreneurial and business mindset’A forum with the raza of Aqua Moula (TUS) to help mumineen migrate from ‘service and employment mindset’ to ‘entrepreneurial and business mindset’ All mumineen and muminaat who have paid membership dues ($10) and make an effort to attend our weekly meetings have a say on what TMTF should or should not do.All mumineen and muminaat who have paid membership dues ($10) and make an effort to attend our weekly meetings have a say on what TMTF should or should not do.

17 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 17 To summarize! To change the person, change the environment. Buckminster Fuller, engineer, scientist & philosopher I don't understand why people are afraid of new ideas. It's the old ones that scare me. John Cage, philosopher, composer & artist

18 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 18 Agenda TMTF Introduction (15 min) TMTF Introduction (15 min) Advantages to Mumineen (15 min) Advantages to Mumineen (15 min) 3.Personal Evaluation (30 min) 4.TMTF Survey and Plans (15 min) 5.Questions and Comments (30 min) 6.Closing Remarks (5 min)

19 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 19 Personal Evaluation Just the other day, the scientists discovered they’ve had some basic things completely wrong. For 300 years they said the world was really simple beneath its complicated surface. Now they find out it’s the other way round. It turns out, we should have been judging by appearances all along. Everything is changing constantly. Kevin McMahon, writer & director of ‘The Falls’

20 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 20 Evaluating People JudgmentalJudgmental HearsayHearsay Personal ExperiencePersonal Experience Psychological theories (XYZ)Psychological theories (XYZ) Personality Behavioral ModelsPersonality Behavioral Models –Understand Diversity –Ensure Predictability –Help Improve Individuality

21 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 21 Four Popular Models 1.Myers Briggs 2.True Colors 3.Profiler 4.DISC Other model Social Style/Management StyleSocial Style/Management Style

22 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 22 Myers Briggs (Industry Standard) Very Comprehensive Methodology (16 types)Very Comprehensive Methodology (16 types) Based on thinking, feeling and actionsBased on thinking, feeling and actions Need to fill in over 100 multiple choice and sliding scale questionsNeed to fill in over 100 multiple choice and sliding scale questions One day exercise to completeOne day exercise to complete Usually used during by organizations implementing large complex and sensitive projectsUsually used during by organizations implementing large complex and sensitive projects

23 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 23 True Colors   Based on relationships and actionsBased on relationships and actions Need to fill in over 50 sliding scale questionsNeed to fill in over 50 sliding scale questions Half day exerciseHalf day exercise Usually used during reorganization processUsually used during reorganization process

24 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 24 Profiler Five Measures to assess attitudeFive Measures to assess attitude Uses sliding scale for assessmentUses sliding scale for assessment Need to fill in over 50 multiple choice and sliding scale questionsNeed to fill in over 50 multiple choice and sliding scale questions Half day exerciseHalf day exercise Usually used by small project management teamsUsually used by small project management teams

25 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 25 DISC Four Quadrant AnalysisFour Quadrant Analysis Based on individual’s capability to take orders and get things done in an environmentBased on individual’s capability to take orders and get things done in an environment Need to fill in over 50 sliding scale questionsNeed to fill in over 50 sliding scale questions Two hour exerciseTwo hour exercise Usually used when hiring new managementUsually used when hiring new management

26 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 26 Social Style/Management Style Four Quadrant AnalysisFour Quadrant Analysis Based on individual’s capability to take orders and get things doneBased on individual’s capability to take orders and get things done Need to fill in 18 questions by individuals and/or by their associatesNeed to fill in 18 questions by individuals and/or by their associates Ten Minute exerciseTen Minute exercise Usually used to understand oneselfUsually used to understand oneself Book: Social Style/Management Style by Robert Boulton, American Management Association

27 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 27 The Questionnaire

28 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 28 The Calculations

29 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 29 Peer Review

30 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 30 Assessment

31 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 31 So What? 1.Amiable Suitable for advisory / personal service business 2.Analytical Suitable for professional service (law, finance etc) 3.Driver Suitable for logistics business (OEM, B2B) 4.Expressive Suitable for Artistic business (fashion, consulting)

32 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 32 Agenda TMTF Introduction (15 min) TMTF Introduction (15 min) Advantages to Mumineen (15 min) Advantages to Mumineen (15 min) Personal Evaluation (30 min) Personal Evaluation (30 min) 4.TMTF Survey and Plans (15 min) 5.Questions and Comments (30 min) 6.Closing Remarks (5 min)

33 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 33 Now that you know yourself better… What should you do? …hopefully… How can TMTF help?

34 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 34 TMTF Survey Confidential Survey (no names required!)Confidential Survey (no names required!) 10 minutes of your time10 minutes of your time Opportunity to help us help you better!Opportunity to help us help you better! My CommitmentMy Commitment –Individual responses will not be shared with anyone –Summary results will be shared in next TMTF meeting –If you want summary results and conclusions by then you need to include your contact information in the form.

35 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 35 The Questionnaire SectionsSubsectionsNotes 1 Everybody is requested to complete 2 A If you are curious at present B If you are serious about starting a new business (or just started) C If you have an ongoing business 3 Optional Information requesting your opinion, comments and suggestions

36 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 36 One Missing Question Section 4 What are your three preferences for TMTF Meeting times? 1. Weekday and time range 2. Weekday and time range 3. Weekday and time range

37 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 37 Agenda TMTF Introduction (15 min) TMTF Introduction (15 min) Advantages to Mumineen (15 min) Advantages to Mumineen (15 min) Personal Evaluation (30 min) Personal Evaluation (30 min) TMTF Survey and Plans (15 min) TMTF Survey and Plans (15 min) 4.Questions and Comments (30 min) 5.Closing Remarks (5 min)

38 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 38 Future Plans (tentative) Next Week (May 7, 2006) Review survey results and make action plan for next and subsequent TMTF sessions (60 mins) Possible presenter to coach a skill (15 mins) Importance of marketing analytics in planning a new business venture (Mustafa) ( mins) Following Week (May 14, 2006) Implement agreed action plan

39 Pervez (Mustafa) Nooruddin© Ignite Your Imagination 2006Page 39 Thank You


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