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Business Mode and Value Proposition - a self reflection approach, by Aneesh Zutshi

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Business Mode and Value Proposition - a self reflection approach, by Aneesh Zutshi

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This presentation was shared during 2nd i3 project (http://www.i3project.eu/) workshop & masterclass.

Dr. Aneesh Zutshi is working as an Invited Assistant Professor at Universidade Nova de Lisboa. He is the Project Manager of a Startup Europe EU project, DIGISTART where he has closely worked with Students and Startups helping them develop Business Model and helping them align their ideas and goals. He is also the founder of passionise.com where his focus has been on helping startups and organizations bringing passion, motivation and empathy in their work culture towards greater flow and strategic alignment within the organization.

This presentation was shared during 2nd i3 project (http://www.i3project.eu/) workshop & masterclass.

Dr. Aneesh Zutshi is working as an Invited Assistant Professor at Universidade Nova de Lisboa. He is the Project Manager of a Startup Europe EU project, DIGISTART where he has closely worked with Students and Startups helping them develop Business Model and helping them align their ideas and goals. He is also the founder of passionise.com where his focus has been on helping startups and organizations bringing passion, motivation and empathy in their work culture towards greater flow and strategic alignment within the organization.

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Business Mode and Value Proposition - a self reflection approach, by Aneesh Zutshi

  1. 1. Business Model and Value Proposition A self reflective approach ANEESH ZUTSHI
  2. 2. Dr. Aneesh Zutshi Invited Assistant Professoraneesh@fct.unl.pt Project Manager Founder www.passionise.com
  3. 3. Key References
  4. 4. Selecting a Business (Matt Kuppers, Startup Manufactory)
  5. 5. Business Model Canvas
  6. 6. Lean Canvas
  7. 7. Lean Startups (Eric Reis, Lean Startups)
  8. 8. Functional Mockups
  9. 9. What is the most vital element for success? The Customer
  10. 10. Who is the customer? The Customer Tiago From Statistics to Individuals
  11. 11. Value Proposition Canvas
  12. 12. Value Proposition Canvas
  13. 13. The world post 1989
  14. 14. The world post 1989 Tim Berners-Lee
  15. 15. Technological revolution accompanies Human Revolution Social Connections bringing the world closer.
  16. 16. Technological revolution accompanies Human Revolution A generation of Startups and Entrepreneurs based on passion and confidence to bring about global transformation.
  17. 17. Technological revolution accompanies Human Revolution A world conscious about Environment and Health.
  18. 18. Technological revolution accompanies Human Revolution Exponential Organizations based on Openness, Flat Hierarchy, Trust, Transparency, and commitment to well being of Clients and Employees. Supportive Work Culture, Motivating Environment, Core Values are indispensable for today’s organizations.
  19. 19. Ted Talk Angela Ahrendts Ex-CEO Burberry Senior vice-president of retail, Apple Inc. https://www.youtube.com/watch?v=mZNlN31hS78&t=7s
  20. 20. Self Reflection Internal Skillsets
  21. 21. Self Reflection Intrapersonal •Self Awareness •Intuition •Motivation Interpersonal •Empathy •Social Skills Ref: Google Search Inside Yourself
  22. 22. Self Awareness Ref: Theory U, Otto Scharmer, MIT Theory U Presencing A process of creating towards an emerging reality. Absensing A process of repeating from the past leading to destruction.
  23. 23. Self Awareness The Emotional Scale Fear Guilt Unworthiness Jealousy Anger Hatred Blame Greed Impatience Pessimism CompetitionArrogance Love Compassion Passion Excitement InspirationSelf-Confidence Feel Good Factor Positive Transformative Factor Low Low High High Lower Emotions Group Higher Emotions Group Trust Forgiveness Courage Appreciation UnderstandingPeace Transformation Group
  24. 24. The Emotional Sine Wave
  25. 25. Mindfulness A mental state achieved by focusing one's awareness on the present moment, while calmly acknowledging and accepting one's feelings, thoughts, and bodily sensations. - Oxford Dictionary
  26. 26. Introspection Exercise 1. Identify 5 personal characteristics that are your strongest personal strengths? Try to see if you can connect them to examples in your life.
  27. 27. Introspection Exercise 2. Identify 5 characteristics that are your personal weakness that you would like to overcome?
  28. 28. Intuition Conscious thinking process is slow and inefficient Subconscious processes are fast and use much larger sources of data for providing the ideal solution.
  29. 29. Intuition Connecting to our Deeper Sources of Knowing
  30. 30. How Intuition Works 1. Connecting to higher emotional states 2. Deep Sensing 3. Trusting the gut feeling
  31. 31. Motivation Alignment
  32. 32. Motivators in Life Creating Value for Others ◦ Clients ◦ Internal Stakeholders Realising internal strengths Sense of Ownership Sufficient Abundance in Life
  33. 33. Motivation Pleasure Passion Purpose
  34. 34. Motivation Think of a productive activity that you simply love to do, that is most exciting for you? Cooking Conversing Teaching Managing Drawing Coding Playing Chess Travelling Contemplating Designing Analysing Creating Art Social Work
  35. 35. What are your underlying skillsets? Communicator Creative Implementor Educator Innovator Troubleshooter Motivator Leader
  36. 36. Introspection Exercise 3. To what degree is your current initiative aligned with your Passion? - If partially aligned, then list out which aspects? - Which aspects are out of alignment with your passion?
  37. 37. Introspection Exercise 4. What is the larger purpose towards which you are working , with respect to your current initiative? If you don’t find a purpose, then think of a purpose that you would like to work towards?
  38. 38. The Flow
  39. 39. Empathy  Recognising the purity in all others.  Suspending Judgement  Seeing from other’s point of view  Becoming aware of others’ thoughts, feelings and emotions.
  40. 40. Empathy Compassion Listening with an Open Heart  I feel for you – Affective component  I understand you – Cognitive Component  I want to help you – Motivational Component
  41. 41. Organizational benefits of Compassion Provides for high-quality service and brand loyalty  Heightens employee engagement and commitment Helps recruit talented people Fuels learning and innovation Fosters adaptability and change http://www.huffingtonpost.com/great-work-cultures/5- surprising-reasons-comp_b_9458888.html
  42. 42. Empathy (U. Lab, MIT)
  43. 43. Social Skills Ego Centric to Eco Centric
  44. 44. Social Skills (U. Lab, MIT)
  45. 45. Social Skills 5 Dysfunctions of a Team (Lencioni 2002)
  46. 46. Good to Great: Why Some Companies Make the Leap...And Others Don't
  47. 47. Influencing Change Act with courage towards the highest potential Visualise the highest potential for the situation and for others that you deal with. Connect to others with the power of Empathy , Compassion and Humility Develop self confidence and trust in yourself Love yourself and recognize your inner strengths and passion Create conditions for inner stillness, peace and balance Self Awareness Self Reflection Self Confidence Empathy Evolution Action
  48. 48. Introspective Exercise 5. In terms of your professional mission, what is the highest potential that is waiting to be born (in say 5 years)?
  49. 49. Introspective Exercise 6. What are the challenges that you are facing towards the realisation of that potential?
  50. 50. Introspective Exercise 7. What are the beliefs, feelings and thoughts that you hold on to that are limiting your ability to become your highest potential?
  51. 51. Mindfulness Exercise 10 Minutes Guided Mindfulness to relax the mind, develop deeper heart connections with the group and open up to emerging possibilities.
  52. 52. Social Skills Activity • Groups of 4 • Create a friendly, supportive, compassionate space • Deep Listening • Deep Conversation • Developing Insights
  53. 53. Social Skills Activity Speaker  Speaks for around 5 minutes  Opens up to inner thoughts and reflections  Following points are a guide o What is the highest potential that I am seeking? o Challenges o Inner Strengths o Inner Weaknesses  Open up to vulnerabilities, because in the openness emerges transformation
  54. 54. Social Skills Activity Coaches (3)  Deep Listening o Attentive, compassionate o I feel you, I understand you, I want to help you o Be encouraging, supportive o Remove judgement o Observe the emerging sensations, thoughts while listening and note down  Clarifications o Ask further questions on any topic you would like to elaborate  Provide feedback o Insights that emerged o Suggestions
  55. 55. Social Skills Activity Time Keeper (15 Minute per person)  Speaking / Deep Listening - 5 Minutes  Clarifications – 5 Minutes  Feedback – 5 Minutes o Be flexible, and try to avoid interruption if critical issues are emerging o Adapt timings with the flow in the group o Better to have a strong level 4 conversation rather than strict adherence to time limits even if not all members get a chance to speak.

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