realisedevelopment.net

Just another WordPress site

Business Plan – A, B, C and D

September 5, 2008 by admin

The unfortunate truth is that most entrepreneurs make far more money and get much more fun out of plans  B, C and D than they ever get out of plan A.

This is because good entrepreneurs learn quickly and are flexible.

They especially learn not to be seduced by a plan that is wonderful on paper but just does not work in the real world.

Are you ready to move to plan B?

Filed Under: enterprise, entrepreneurship Tagged With: business planning, strategy

Evaluating Enterprise in ‘Deprived’ Communities

September 4, 2008 by admin

One of the most comprehensive pieces of evaluation work done on a wide range of projects designed to stimulate enterprise in deprived communities was the Evaluation of the Phoenix Development Fund – a piece of work that was completed by Peter Ramsden in July 2005.

The Phoenix Fund was a flagship £189 million fund administered by the Small Business Service running from 2000 to 2008 developed in response to Policy Action Team 3 paper on ‘Enterprise and Social Exclusion’. 

The terms of reference for the evaluation set out five key questions that the evaluation would address:

  1. Did the PDF encourage fresh thinking?
  2. How effective have specific project type approaches been?
  3. To what extent have projects to help particular sections of the community been successful?
  4. To what extent has the Fund helped to engage mainstream providers?
  5. Has funding helped to build capacity?

Overall the conclusion of the evaluation was that the fund had been a success. Using a reflective action-oriented approach the PDF contributed greatly to the growth of knowledge and experience of business support to encourage inclusive enterprise. There is now a considerable body of documented knowledge of inclusive approaches to business support. This compares to the situation in 2000 when it was reported by SBS that there was ‘too little knowledge in this field’.

If you are involved in an enterprise project aimed at working in disadvantaged areas I would commend the evaluation and the lessons learned reports highly!

Just to whet your appetite:

Models of delivery – critical success factors:

  • Regardless of type of programme envisaged, the needs of individuals must be central; be prepared to flex from the original programme specification if needs be.
  • An inclusive and holistic approach to developing the skills and confidence required for individuals to move ‘forward’ really works, as does the use of coaching, specialist sector advisers, peer or other supportive networks etc.
  • The above takes ‘longer than usual’ amounts of time and investment in relationship and trust building; be realistic about what can be achieved in a very limited life programme.
  • This can also be more costly but needs to be weighed against the longer-term benefits of clients/users coming off benefits (for instance).
  • Investing time in building positive relationships with mainstream business support agencies is crucial and can lead to a change in mainstream culture and provision, leading to potentially more productive partnerships and win-wins.
  • Well-designed and holistic enterprise support can also add significant value by providing optional routes into employment and further learning for individuals who feel enterprise is not for them at the present time.

You can find more here.

Filed Under: enterprise, entrepreneurship, management Tagged With: community development, diversity, evaluation, management, outreach, social enterpise, social marketing, strategy, training

Enterprise – A Journey from A to Z

September 3, 2008 by admin

Enterprise is a journey from A to Z.

Except there is no Z.

The journey just keeps going on.

But imagine for a moment that ‘Z’ is finally having a stable secure business – that does what you need it to do.  And that the enterprise journey is from A-Z.

The truth is that most, if not all, of our enterprise support services only go back as far as ‘W’.  ie they only  engage people who already have an idea or an aspiration that they want to do something about.  And the support service implies that there is a logical, rational (if typically dull) process called business planning that will get you safely from W-Z.  (Never mind that this is an untruth that misleads clients about the fundamental dynamics of enterprise.)  We have spent a lot of time and energy on supporting the transition from W-Z.  We have short entrepreneurship programmes, advisory services, planning software and templates.  This is not where the vast majority of human enterprise potential is lost (although even at this late stage we still manage to waste a lot!)

The real waste is in the majority of people that never make it as far as ‘W’.

How do we get  the vast majority who do not see themselves as enterprising to recognise the role that enterprise skills and behaviours can play in their personal pursuit of progress/happiness?

My argument is that if we can ‘unstick’ some of these very stuck people (especially with reference to ‘deprived communities’) we will start to build a ‘pipeline’ for enterprise from ‘where people are at’ (usually a-d) on the enterprise journey rather than where we would like the be (W).

Of course this does not fit the policy goals for instant enterprise…but it does reflect the reality of human growth and development and what we know about enterprise – that it takes time to learn how to do it well.

One of the challenges in communities that are ‘low on enterprise’ is that they have an inordinate number of ‘precontemplators’ – people who do not see enterprise/business as relevant to them.

They may watch Dragon’s Den/The Apprentice and be sickened at the prospect of moving in those circles.  So when we ask ‘Have you got a great business idea’ their instant thought is ‘No! Yuk!’

The other large constituent in these communities are contemplators who have thought about it but decided ‘No’.  Often because they don’t think they have the skills because we still promulgate the myth that you need to:

  • be financially literate
  • have good reading and writing skills,
  • be articulate, visionary, powerful and persuasive,
  • have a great product,
  • be a strong marketeer and great at sales and
  • be a fully fledged finance director

to succeed at the enterprise game.

Precontemplators and contemplators are the groups that effective outreach needs to engage to help them re-consider the reality of enterprise – what is is and how it relates to them and their dreams.  At least if we are to really start transforming the enterprise culture in disadvantaged communities.

We also need to recognize that failure (lapse and relapse) is an inevitable (almost) part of the enterprise journey.  It is part of the learning process.  If you are Richard Branson then people pick you up from the failed budgie breeding project and the xmas tree farm and encourage you to try again.  If you are from a poor non working class family the response is more likely to be ‘bloody typical of you to F**k that up as well’.

Few of our services help clients to prepare for failure and put it into context on their enterprise journey.

Few services pay serious regard to the power of the peer group and how that can be managed.

Outreach is not just about going to the places that mainstream support fears to tread.  It is about presenting enterprise in a very different, much more accessible and engaging way.  It is about understating the psychology and motivations of the client and and building a bridge to enterprise that starts from where they are at.

Filed Under: enterprise, entrepreneurship, management Tagged With: community development, diversity, management, outreach, strategy, training

Enterprise as a Process of Becoming – the Emergence of Identity

September 3, 2008 by admin

Enterprise is not about business and entrepreneurship.

It is not about premises, finances, business plans and swots.

It is a process for human development.

It is a way of exploring:

  • who I am,
  • what my potentials are/might be, and
  • the kind of future that I could create.

It is way of living – of becoming.

Enterprise can be a catalyst, a framework, for the emergence of identity.

We need to develop enterprise programmes that pay serious attention to these issues of identity development and the process of ‘becoming’.  Enterprise as the emergence of identity.  There are links here to other ways in which some people find their identity – gangs, drink, knifes, drugs, crime etc and enterprise as a ‘diversionary’ activity.  A ‘substitution’ product if you like.

The education system doesn’t take identity seriously –  so there is a really interesting vacuum that the enterprise industry could step into if it could learn to re-position itself and become experts in developing human potential rather than the mechanics of the business plan.

Filed Under: enterprise, entrepreneurship Tagged With: business planning, strategy

5 most important lessons I’ve learned as an entrepreneur

August 26, 2008 by admin

When Guy Kawasaki writes a post under the title:

‘5 most important lessons I’ve learned as an entrepreneur’

you just have to check it out.

I especially like ‘Make a little progress every day’ in which Guy goes back on his once held believe that a big marketing splash could launch a business ‘to infinity and beyond’. Instead he now favours lots of little steps forward taken over the long haul.

This parallels what I try to teach aspiring entrepreneurs about making progress by understanding their goals, understanding the current reality and then focusing on the immediate next steps, which are sometimes almost trivial things, that they cannot fail to do. Keep doing this often enough for long enough and the progress is amazing.

It provides a massive contrast to more formal business planning processes that often result in intimidating and insurmountable ‘To Do’ lists that make the whole enterprise game appear to be nigh on impossible.

Filed Under: enterprise, entrepreneurship, management Tagged With: business planning, management

  • « Previous Page
  • 1
  • …
  • 48
  • 49
  • 50
  • 51
  • 52
  • …
  • 63
  • Next Page »

Recent Posts

  • Hello world!
  • The Challenges of ‘Engaging Community Leaders’
  • Are rich people less honest?
  • 121s – The single most effective tool for improving performance at work?
  • Wendell Berry’s Plan to Save the World

Recent Comments

  • Mike on Some thoughts on Best City outcomes
  • Andy Bagley on Some thoughts on Best City outcomes
  • Mike on Strengthening Bottom Up
  • Jeff Mowatt on Strengthening Bottom Up
  • Jeff Mowatt on Top Down: Bottom Up

Archives

  • November 2018
  • March 2014
  • November 2013
  • October 2013
  • August 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • April 2007

Categories

  • Community
  • Development
  • enterprise
  • entrepreneurship
  • Leadership
  • management
  • Progress School
  • Results Factory
  • Training
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Copyright © 2025 · Enterprise Pro on Genesis Framework · WordPress · Log in