Chapter 6 Flashcards
Entrepreneurial problem solving?
innovation and creative solution to close that gap for societal, business, or technological problems.
Adaptive model?
solutions are through tried and tested methods.
Innovative model?
outside of the box thinking to solve problems.
What are the 8 entrepreneurial problem solving skills?
Critical thinking, Communication, Decisiveness, Ability to analyze data, Business and industry awareness, and Resourcefulness.
Critical thinking?
identify the core issue.
Communication?
communicate message effectively to a recipient.
Decisiveness?
ability to make quick, effective decisions, not letting too much time go by.
Data analysis?
analyzing data into a structure to come up with conclusions.
Business and industry awareness?
identifying growth opportunities, or market insufficiencies.
Resourcefulness?
discover clever solutions to obstacles.
What are the different types of problem solvers?
Self regulating, Theorist, and Petitioner.
Self regulating problem solver?
work on solutions alone without help from others/external influences. They will recognize, evaluate, and reduce the risk.
Theorist problem solver?
solve the problem by using a theory. They build on success and reject any failure.
Petitioner problem solver?
ask others for solution. they seek mentorship.
What are the different steps in the creative problem solving process?
Clarify, Ideate, Develop, Implement, and Evaluate.
Clarify?
recognize the problem and understand specific of the problem to avoid solving unknown or unseen problems.
Ideate?
generate the ideas for solutions and explain in details.
Develop?
evaluate ideas to do it or not and check the cost and obstacles involved.
Implement?
problem is tested and evaluated.
Evaluate?
problem is applied if it works.
Crowdsourcing?
a team of non experienced and non experts join together to form a solution to a problem.
Brain storming?
generating ideas in a judgment free zone.
Team creativity?
working with a team to create a solution.
Story boarding?
presenting a solution idea in a step by step graphic format.
Design thinking?
empathy driven process to define complex problems and create solutions to solve them.
What is the human centered design thinking spaces?
It is a collaborative approach to design thinking, which is based on empathy for the customer.
Empathizing?
relate to other people problem.
Defining?
describe the core problem that is identified.
Ideating?
explore ideas to address the problem.
Prototyping?
creates and tests inexpensive versions of a product.
Testing?
a lot of testing on the complete product.
Lean process?
method for the maximizing of continuous improvement and minimizing a lot of unused material in production process.
What are the different lean process phases?
Observation, Assessment, Evaluation, and White boarding.
Observation in lean process model?
studies challenge and make notes on changes required.
Assessment in lean process model?
experiments and analyzes potential process and capabilites.
Evaluation in lean process model?
observe the effectiveness of outcomes desired.
White boarding in lean process model?
to plot each step to build comprehension and detailing for the process.
