© Business Studies Online Learning Objectives What we will learn today: 1.To demonstrate your understanding of a range of Enterprise Skills needed to be.

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Presentation transcript:

© Business Studies Online Learning Objectives What we will learn today: 1.To demonstrate your understanding of a range of Enterprise Skills needed to be successful in business 2.To understand making connections, using ‘Mindmaps’ to create and organise ideas and plans What will be expected from me: Create mind maps, individual exercises Why are we doing this:...because successful businesses are forward thinking

© Business Studies Online Starter Dyson's new vacuum cleaner "The Ball" was developed in order to compete against the increasing number of bagless vacuum cleaners available. The innovation of placing a ball at the bottom of the cleaner is an example of which enterprise quality? The ability to ask why? The ability to ask why not? Deliberate creativity Taking risks?

© Business Studies Online Answer The ability to ask why not? This is the most appropriate answer BECAUSE you thinking about Why not try a different way of using a vacuum cleaner by using a ball system?

© Business Studies Online Unit 1.2: Skills of an entrepreneur Think ahead/ Make connections Show Initiative Take risks Make decisions Think creatively ‘Deliberate creativity’ Asking ‘Why?’ & ‘Why not?’ Protecting your Big Idea Risk Vs Reward Calculated risk

© Business Studies Online What Does It Take To Be Enterprising? Creative thinking, Taking risks, plus: Think Ahead Jeff Bezos quickly saw the potential of the internet to sell products He set up Amazon in 1995 Make Connections Understand how one event may affect another E.g. oil prices  higher costs for businesses Show Initiative Being prepared to risk being wrong Take a lead Make people believe in you Make Decisions Decisions are constantly required in business The Carphone Warehouse made the decision to buy TalkTalk

© Business Studies Online Activity 1- Enterprising skills Commitment Risk taking Like rewards Gamble own money Problem solving Bold Adventurous Planning Evaluate Communicate Listen to others Team player Leadership Task: Now choose any three and explain why they are important in relation to your own business? (9 marks) A01 = 0 – 3 marksA02 = 4 – 9 marks

© Business Studies Online Activity 2: Cool Dinners Now turn to page 77 and 78 and read ‘Cool Dinners’ Complete the exercises 1 and 2

© Business Studies Online Mind Maps A planning tool that combine 2 skills: Thinking ahead (making connections) Deliberate creativity Resulting in: Ideas + a Plan

© Business Studies Online Using Mind Maps An example would be:

© Business Studies Online Benefits of a Mind Map Developing a mind map helps: BRAINSTORM Come up with ideas CATEGORISE Organise your ideas in a logical way LINK Recognise that there will be some overlap between your categories and ideas

© Business Studies Online How To Create A Mind Map

© Business Studies Online Activity: Create a mind map 10 minutes to create a mind map to show all the Enterprise Skills that are needed to be successful in business (all you have learnt in this Unit 1.2) Use examples from a variety of entrepreneurs and companies or brands you are familiar with to illustrate those skills You will be asked to explain why you chose that person to illustrate that skill

© Business Studies Online Slide 13 Examples of entrepreneur

© Business Studies Online Unit 1.2: Skills of an entrepreneur Think ahead/ Make connections Show Initiative Take risks Make decisions Think creatively ‘Deliberate creativity’ Asking ‘Why?’ & ‘Why not?’ Protecting your Big Idea Risk Vs Reward Calculated risk