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CAN A NATION CREATE
       ENTREPRENEURS?
- AN ENTREPRENEUR’S JOURNEY
CAN A NATION CREATE
       ENTREPRENEURS?
- AN ENTREPRENEUR’S JOURNEY
Why do policy-makers talk about
     seamless approaches and not more
       about sustainable businesses?

     What should we really be asking and doing?



                             Lesley Hetherington
08/12/2011                                                  17
                  Scottish Programme for Entrepreneurship
Scottish Programme for Entrepreneurship

    Sustainable enterprise and entrepreneurship
              education across Scotland

                       which means

          ‘it needs to work for schools, colleges,
         universities, teachers, lecturers, pupils and
                          students!’
                            University of Aberdeen
08/12/2011                                                18
                       SPE/What-IF conference Sept 2011
SPE @ the University of Aberdeen
• Scottish programme for Entrepreneurship (SPE)
   – £1.3 M, 3 years, 3 Universities
• Education -including teacher/lecturer development
   – Current and future, across all subjects, all levels

• Sustainable as core
• Aligned with Curriculum for Excellence
   – Enterprise – successful learners, confident individuals
   – Entrepreneurship- responsible citizens, effective contributors
• Implemented through
   – Definitions, models, processes, examples
   – Emerging, global perspective Intergenerational Fairness

                        Scottish programme for Entrepreneurship
                                                                      19
                           (SPE) at the University of Aberdeen
So what?
• Sounds good
• Ticks the boxes
• Workable
      – (proven in the real world)



• But
• ..... Who is bothered? Listening?
• .... And why not?
                       Lesley Hetherington Scottish Programme
08/12/2011                                                      20
                                 for Entrepreneurship
Why seamless approaches ... rather than sustainable businesses?




                            Lesley Hetherington Scottish Programme
08/12/2011                                                           21
                                      for Entrepreneurship
lamppost effect

As a drunk.......

For support, rather than
illumination



Ease of achievement, and
measurement, rather than
effectiveness




                           Lesley Hetherington Scottish Programme
08/12/2011                                                          22
                                     for Entrepreneurship
Reality check time..., where are our policy makers?
Worst 2/10            Consciousness                          Best 10/10
                        Identity
                        (who am I?)


                       values/beliefs


                    skills/capabilities


                         behaviour


                environment (internal)


                 Scottish Programme for Entrepreneurship
                                                                          23
                the Pyramid of Change (adapted from Dilts)
Successful entrepreneurs create
                                                                  YouTube
•business models, which can be
sustained and replicated and easily                               twitter
understood
                                                                  facebook
•organisations, which can be sold as
going concerns

•markets, by leveraging social trends
and PEST factors

•industries, by converting new
technologies & slack resources into
new means of production

•Utilising existing know-how and
adapting and customising the same



                                        Lesley Hetherington Scottish Programme
08/12/2011                                                                       24
                                                  for Entrepreneurship
hetheringtonlesley@gmail.com
Additional Rants!
                                            l.hetherington@abdn.ac.uk

Society attitude, apathy, official media

The system .. who is educating the
educators and how?

Mindset, experts, political correctness

The importance of self-knowledge and
professional development

Listening, respect and honesty

Heart & head alignment

The value of failure, learning and
crativity



                                       Lesley Hetherington Scottish Programme
08/12/2011                                                                      25
                                                 for Entrepreneurship
In the classroom
• A context for
      – Dialogue linked to real life and the core subject
      – Active and empathic listening skills
      – Understanding other perspectives
      – Respecting (not necessarily agreeing with) very
        different viewpoints .. terrorists or freedom
        fighters
      – Creativity and critical analysis

                       University of Aberdeen SPE/What-IF
08/12/2011                                                  26
                              conference Sept 2011
For example ....
• I wish I’d been taught how to respond constructively to bullies and
  bullying

• Learn how to grow food and mend stuff

• Learning grammar has been very useful in learning other languages,
  I wish I’d heard real people speaking other languages when I was in
  primary ... French made no sense to me as an academic subject. My
  dad spoke 5 languages fluently .. But it wasn’t passed down

• Right and wrong isn’t that simple beyond primary school arithmetic
  .. beyond that it gets more complex .. I wish this was made clearer

• ....... what are your experiences ............................

                                    University of Aberdeen
08/12/2011                                                              27
                               SPE/What-IF conference Sept 2011
What is Entrepreneurship?

• Entrepreneurship : ‘Creation of value, through the pursuit of
  opportunity, accessing resources beyond those currently
  controlled’. (adapted from definition by Howard Stevenson)
• Value creation for others, through alignment of head and heart

• Entrepreneurship creates value from limited resources, often
  through tough times. Effective people in roles that fit them, within
  high performance teams underpins success.

• A way of thinking, reasoning and acting that is opportunity
  obsessed, holistic in approach and leadership balanced.
   (Timmons and Spinelli Jr)



• Entrepreneurship is the extreme sport of enterprise

                                 Scottish Programme for Entrepreneurship
                                                                           28
                                        (SPE) University of Aberdeen
building competence
                       Adapted from Kolb’s Learning Cycle




                                 Why                  Abstract conceptualization




             What
                                                        What
Reflection    if

      Concrete experience
                                 How                        Active experimentation



                    Scottish Programme for Entrepreneurship
                                                                                     29
                           (SPE) University of Aberdeen
Insight into competence                             Interdependence
(Stephen R Covey                                Seek first to
‘The 7 habits highly effective people’)                                        Synergize
                                                understand…
                                                 then to be                       6
                                                 understood
                                                                 PUBLIC
                                                                VICTORY
                                                                 Think                      7. Sharpen
                                                                Win / Win
                                                                                               the saw
                                                                    4



                                                         Independence


                                                                     3
                                                                 Put first
                                                                things first
                                                            PRIVATE
                                                            VICTORY               2
                                                    1
                                                                            Begin with
                                               Be proactive
                                                                          the end in mind
              Scottish Programme for                        Dependence
        Entrepreneurship (SPE) University of                                                    30
                     Aberdeen
SMART/SMAaRT
          (quality check and development model)



               Specific • Simple concept
           Measurable • Meaningful to you &
                          other party
          (objectively)
            Achievable • As if NOW! (live the end picture)
                               aligned, all areas of life
  (others have done it)
                Realistic • Responsible for all
                                (no conflicts, at any level)
   (resources are available)
Time or event-scaled • Towards what you want
Finding clarity and synergy
               Ryanair or Ryanair for passionate greenies?
8. Key              7. Key                2. Value              4. Customer          1. Customer
Partners            Activities            Proposition           Relationships        Segments

(outsourced)        Cutting operational   ( Why needed and      ( nature, loyalty)   (under what
                    costs                 wanted)                                    conditions)

Hotels              Publicity             Broke                                     Cheap Airfares
                                          or
Car hire            Flight operation
                                                                                     or
Travel Insurance                                                                     Adventurous
                                          New adventures                             students
                    6. Key                                      3. Channels
                    Resources
                                          Quality family                             Dispersed
                    Lighter planes        time                  Internet
                                                                Email                European friends
                    Website &
                                                                special offers       and families
                    communications        Deeper
                                          relationships                              Green travellers
                                          green adventures      Green on-line
                                          (less fuel, less      shopping
                                          waste)

9. Cost structure                                       5. Revenue Streams
                                                                                                      32
Skills Hierarchies
• Decision making                                • Interdependence
   – Timely
   – Just in time
                                                       – Creative collaboration
• Judgement                                            – Seeking to understand
   – Organisational/context sensitivity                  empathically
   – Weighing alternatives                             – Thinking win/win
   – Greatest good, for greatest scope
• Analysis                                       • Independence
   –   Identify alternatives                           – Planning and
   –   Compare and contrast                              implementation
   –   Numeric analysis                                – Objective setting
   –   Qualitative analysis
• Data gathering                                       – Procactive thinking
   – Accurate labelling                          • Dependence
   – Different types of data                           – Reactive thinking
                           Scottish Programme for Entrepreneurship
                                                                                  33
                                  (SPE) University of Aberdeen
Concepts and theories that work
• Values, deeply held desires,
  criteria which you hold as right
  or important
      – Safety, respect, reward,
        appreciation
• Usually, decided in the past,
  often absorbed rather than a
  conscious decision
      – parents, teachers, friends,
        movies
• Guide current decisions,
  actions & behaviour
• Often context dependent
      – Home, work, with friends


                            Scottish Programme for Entrepreneurship
08/12/2011                                                            34
                                   (SPE) University of Aberdeen
Who would you prefer to work with?
         (Priorities count, so do drivers)


• Jo                                          • Jude
  – Fun                                             – Fun
       • 100% towards                                      • 10% towards/90% away
  – Adventure                                       – Adventure
       • 50% towards/50% away                              • 100 % towards
  – Money                                           – Money
       • 100% towards                                      • 50% towards, 50% away
  – Safety                                          – Safety
       • 10% towards/90% away                              • 100% towards

                        Scottish Programme for Entrepreneurship
                                                                                     35
                           (SPE) at the University of Aberdeen

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Can a Nation Create Entrepreneurs Part 1

  • 1. CAN A NATION CREATE ENTREPRENEURS? - AN ENTREPRENEUR’S JOURNEY
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  • 16. CAN A NATION CREATE ENTREPRENEURS? - AN ENTREPRENEUR’S JOURNEY
  • 17. Why do policy-makers talk about seamless approaches and not more about sustainable businesses? What should we really be asking and doing? Lesley Hetherington 08/12/2011 17 Scottish Programme for Entrepreneurship
  • 18. Scottish Programme for Entrepreneurship Sustainable enterprise and entrepreneurship education across Scotland which means ‘it needs to work for schools, colleges, universities, teachers, lecturers, pupils and students!’ University of Aberdeen 08/12/2011 18 SPE/What-IF conference Sept 2011
  • 19. SPE @ the University of Aberdeen • Scottish programme for Entrepreneurship (SPE) – £1.3 M, 3 years, 3 Universities • Education -including teacher/lecturer development – Current and future, across all subjects, all levels • Sustainable as core • Aligned with Curriculum for Excellence – Enterprise – successful learners, confident individuals – Entrepreneurship- responsible citizens, effective contributors • Implemented through – Definitions, models, processes, examples – Emerging, global perspective Intergenerational Fairness Scottish programme for Entrepreneurship 19 (SPE) at the University of Aberdeen
  • 20. So what? • Sounds good • Ticks the boxes • Workable – (proven in the real world) • But • ..... Who is bothered? Listening? • .... And why not? Lesley Hetherington Scottish Programme 08/12/2011 20 for Entrepreneurship
  • 21. Why seamless approaches ... rather than sustainable businesses? Lesley Hetherington Scottish Programme 08/12/2011 21 for Entrepreneurship
  • 22. lamppost effect As a drunk....... For support, rather than illumination Ease of achievement, and measurement, rather than effectiveness Lesley Hetherington Scottish Programme 08/12/2011 22 for Entrepreneurship
  • 23. Reality check time..., where are our policy makers? Worst 2/10 Consciousness Best 10/10 Identity (who am I?) values/beliefs skills/capabilities behaviour environment (internal) Scottish Programme for Entrepreneurship 23 the Pyramid of Change (adapted from Dilts)
  • 24. Successful entrepreneurs create YouTube •business models, which can be sustained and replicated and easily twitter understood facebook •organisations, which can be sold as going concerns •markets, by leveraging social trends and PEST factors •industries, by converting new technologies & slack resources into new means of production •Utilising existing know-how and adapting and customising the same Lesley Hetherington Scottish Programme 08/12/2011 24 for Entrepreneurship
  • 25. hetheringtonlesley@gmail.com Additional Rants! l.hetherington@abdn.ac.uk Society attitude, apathy, official media The system .. who is educating the educators and how? Mindset, experts, political correctness The importance of self-knowledge and professional development Listening, respect and honesty Heart & head alignment The value of failure, learning and crativity Lesley Hetherington Scottish Programme 08/12/2011 25 for Entrepreneurship
  • 26. In the classroom • A context for – Dialogue linked to real life and the core subject – Active and empathic listening skills – Understanding other perspectives – Respecting (not necessarily agreeing with) very different viewpoints .. terrorists or freedom fighters – Creativity and critical analysis University of Aberdeen SPE/What-IF 08/12/2011 26 conference Sept 2011
  • 27. For example .... • I wish I’d been taught how to respond constructively to bullies and bullying • Learn how to grow food and mend stuff • Learning grammar has been very useful in learning other languages, I wish I’d heard real people speaking other languages when I was in primary ... French made no sense to me as an academic subject. My dad spoke 5 languages fluently .. But it wasn’t passed down • Right and wrong isn’t that simple beyond primary school arithmetic .. beyond that it gets more complex .. I wish this was made clearer • ....... what are your experiences ............................ University of Aberdeen 08/12/2011 27 SPE/What-IF conference Sept 2011
  • 28. What is Entrepreneurship? • Entrepreneurship : ‘Creation of value, through the pursuit of opportunity, accessing resources beyond those currently controlled’. (adapted from definition by Howard Stevenson) • Value creation for others, through alignment of head and heart • Entrepreneurship creates value from limited resources, often through tough times. Effective people in roles that fit them, within high performance teams underpins success. • A way of thinking, reasoning and acting that is opportunity obsessed, holistic in approach and leadership balanced. (Timmons and Spinelli Jr) • Entrepreneurship is the extreme sport of enterprise Scottish Programme for Entrepreneurship 28 (SPE) University of Aberdeen
  • 29. building competence Adapted from Kolb’s Learning Cycle Why Abstract conceptualization What What Reflection if Concrete experience How Active experimentation Scottish Programme for Entrepreneurship 29 (SPE) University of Aberdeen
  • 30. Insight into competence Interdependence (Stephen R Covey Seek first to ‘The 7 habits highly effective people’) Synergize understand… then to be 6 understood PUBLIC VICTORY Think 7. Sharpen Win / Win the saw 4 Independence 3 Put first things first PRIVATE VICTORY 2 1 Begin with Be proactive the end in mind Scottish Programme for Dependence Entrepreneurship (SPE) University of 30 Aberdeen
  • 31. SMART/SMAaRT (quality check and development model) Specific • Simple concept Measurable • Meaningful to you & other party (objectively) Achievable • As if NOW! (live the end picture) aligned, all areas of life (others have done it) Realistic • Responsible for all (no conflicts, at any level) (resources are available) Time or event-scaled • Towards what you want
  • 32. Finding clarity and synergy Ryanair or Ryanair for passionate greenies? 8. Key 7. Key 2. Value 4. Customer 1. Customer Partners Activities Proposition Relationships Segments (outsourced) Cutting operational ( Why needed and ( nature, loyalty) (under what costs wanted) conditions) Hotels Publicity Broke  Cheap Airfares or Car hire Flight operation or Travel Insurance Adventurous New adventures students 6. Key 3. Channels Resources Quality family Dispersed Lighter planes time Internet Email European friends Website & special offers and families communications Deeper relationships Green travellers green adventures Green on-line (less fuel, less shopping waste) 9. Cost structure 5. Revenue Streams 32
  • 33. Skills Hierarchies • Decision making • Interdependence – Timely – Just in time – Creative collaboration • Judgement – Seeking to understand – Organisational/context sensitivity empathically – Weighing alternatives – Thinking win/win – Greatest good, for greatest scope • Analysis • Independence – Identify alternatives – Planning and – Compare and contrast implementation – Numeric analysis – Objective setting – Qualitative analysis • Data gathering – Procactive thinking – Accurate labelling • Dependence – Different types of data – Reactive thinking Scottish Programme for Entrepreneurship 33 (SPE) University of Aberdeen
  • 34. Concepts and theories that work • Values, deeply held desires, criteria which you hold as right or important – Safety, respect, reward, appreciation • Usually, decided in the past, often absorbed rather than a conscious decision – parents, teachers, friends, movies • Guide current decisions, actions & behaviour • Often context dependent – Home, work, with friends Scottish Programme for Entrepreneurship 08/12/2011 34 (SPE) University of Aberdeen
  • 35. Who would you prefer to work with? (Priorities count, so do drivers) • Jo • Jude – Fun – Fun • 100% towards • 10% towards/90% away – Adventure – Adventure • 50% towards/50% away • 100 % towards – Money – Money • 100% towards • 50% towards, 50% away – Safety – Safety • 10% towards/90% away • 100% towards Scottish Programme for Entrepreneurship 35 (SPE) at the University of Aberdeen