chap3 - Successinanyenterpriserequirestheright

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Technology Ventures : From Idea to Opportunity Chapter 3: Summary Success in any enterprise requires the right  product, methods, and workers, and each must  complement the others. Joseph Burger How do successful entrepreneurs create a compelling business design for  their new ventures? To design a new business, the entrepreneur must cogently and clearly describe  the customers and their needs and how the new venture will satisfy those needs. Summary
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Technology Ventures : From Idea to Opportunity Chapter 3: Table 3.1 Example of a vision for an innovative firm We strive to preserve and improve life through the innovation of  biomedical devices while supporting, training, and inspiring our  employees so that individual ability and creativity is released and  rewarded.  Our goal is to be a leader in the industry by 2006 and be  widely known throughout the world.
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Technology Ventures : From Idea to Opportunity Chapter 3: Table 3.1 Elements of a vision Clarity :  Easily understood, focused. Consistency Holds constant over a time period, but adjustable  as conditions warrant Uniqueness : Special to this organization Purposeful Provides reason for being
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Technology Ventures : From Idea to Opportunity Chapter 3: Table 3.3 Elements of a Mission Statement mission statement  is a description of the course  of action to implement the vision. •  Core Values
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chap3 - Successinanyenterpriserequirestheright

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