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Forming An Organization. Entrepreneurship in Technology. The Entrepreneurial Context. Start Ups are necessarily small Everyone wears multiple hats Deadlines are short, resources are scarce Assembling People does not make a team Exist to Achieve a Common Goal

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Forming an organization l.jpg

Forming An Organization

Entrepreneurship in Technology


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The Entrepreneurial Context

  • Start Ups are necessarily small

  • Everyone wears multiple hats

  • Deadlines are short, resources are scarce

  • Assembling People does not make a team

    • Exist to Achieve a Common Goal

    • Interdependent to Meet that Goal

    • Bound and Stable over Time

    • Authority to Make Decisions

    • Exist in a Social Context


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The Idea

  • Starts the Whole Process

  • Vision Establishes the Common Goal

  • Passion Allows the Team to Bond

  • Deadlines

    • Get it Done

    • (Driven by You and Your Team)


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The Entrepreneurs Role

  • Filmmakers and Entrepreneurs

    • You’re the Producer

  • Provide Committed and Focused Leadership

  • Positive Attitude and Positive Valuation

  • Influence, Contact and Knowledge

    • Knowledge and Skills

    • Effort and Motivation

    • Communication and Coordination


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Designing the Organization

  • Design the Culture

    • Teamwork

    • Flexibility

    • Broad Roles

    • Shared Authority

    • Information Sharing

    • Accountability

    • Fun and Motivating


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Designing the Organization

  • Design the Environment

    • Game Rooms?

    • Kitchens?

    • Lounges?

    • Labs?

    • Layout

    • Ergonomics


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Maxims

  • Org Charts are Unimportant if not Irrelevant

  • Titles are Unimportant

  • Beware the “Corporate Amex Card”

  • One Riot, One Ranger

  • Spring Steel, Not Titanium

  • Choosing a Crew for a Blue Water Cruise

  • Make Your Mistakes Early


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Picking and Sticking

  • Picking

    • Project Forward to Where You Want to Be

    • Use the Data to Plan How to Get There

    • Check Your Gut

    • Consider the Implications Several Steps Ahead

  • Projecting Forward

    • Convergent vs. Divergent Reasoning


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Pick and Stick

  • Using Data to Plan

    • Build It and They Will Come

    • What’s the Yield

  • Check Your Gut

    • Or not

  • Consider the Implications

    • Reflecting on Consequences


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Pick and Stick

  • Sticking

    • Harder than Picking

    • What Do Your Resources Allow

  • Have a Plan: Communicate It

  • Scan the Horizon

    • Tacking

  • Don’t Divert

    • Side Expeditions


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Pick and Stick

  • Plan for Plans to Fail

    • Prevention Planning

    • Aversion Tactics

    • Recovery Actions

  • Remember Why You Set Sail


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