What is Venture Cup and who am I

1
Welcome
Participants Facilitator Christian Drachmann,
Conzortium Venture Cup Jury Members Sune
Højfeldt, Plougmann Vingtoft Jakob Sand,
Capital Nils Hall Torgersen,Teknologisk
Innovation Venture Cup Staff Torsten
Kolind Vivi Chau Trine Nygaard Hansen Johan
Fogsgaard Majken Rønne
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Agenda

• 17.30-17.45 Introduction
• 17.45-18.00 Introduction to Creativity
• 18.00-19.10 Idea lab
• Idea Generation
• Idea Challenge
• 19.10-19.30 Sharing
• 19.30-20.00 Sushi cold drinks

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What is Venture Cup?
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Why participate in Venture Cup?

• Develop your ideas
• Get a network
• Develop your CV
• Make it happen

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Other ideas
MOD
BAKOBA
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How do I get started?
Regional Final deadline 19 November 2007 1-3
page description of your idea and the
team. www.venturecup.dk
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Upcoming Events
www.venturecup.dk/cphevents
Matchmaking 31 October, 17.30-20 CBS, Kilevej 14,
K.S. 43 Nokia auditorium Register online!
Review your idea 7 November, 17.30-20 CBS,
Kilevej 14, K.S. 48 Register online!
Årets fest Lasse Rimmer at CBS 12 Oct
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Business 4 Development Competition
Wednesday, October 10th.
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About the competition

• 1. Think up a idea that has a developmental
  impact in a developing country.
• 2. Create a business plan.
• 3. Win a fantastic trip to a developing country
  to promote your project.

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The UN 2015 goals (2015 opportunities?)

• Millennium Development Goals
• Goal 1 Eradicate extreme poverty and hunger
• Goal 2 Achieve universal primary education
• Goal 3 Promote gender equality and empower women
  
• Goal 4 Reduce child mortality
• Goal 5 Improve maternal health
• Goal 6 Combat HIV/AIDS, malaria and other
  diseases
• Goal 7 Ensure environmental sustainability
• Goal 8 Develop a Global Partnership for
  Development

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Participation

• Students from all Danish universities are invited
  to sign up and partipate in the competition
• Have a member from our qualified Advisory Board
  to coach your group during the competition

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DevelopSolution 06/07

• Four groups were nominated in DevelopSolutions
  first
• year. Final 06/07 included
• Banque Africa fashion wear with an innovative
  value chain.
• Viento Wind Energy Systems Windmill-parks
  in Egypt using local workforce and providing
  sustainable energy to the local community.
• MOD Biodegradable and collapsible coffins,
  primarily for organisations operating in
  catastrophe areas.Agricultural Information
  System Price information send out to farmers via
  SMS to enhance market knowledge.

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Calendar

• 19th of November Deadline for Idea Outlines for
  the Semi Final.
• 13th of December Semi Final Event
• 12th of May Deadline for Business Plans for the
  Final.
• 3 of June Final Event

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Get in touch

• www.develop.nu
• rune_at_develop.nu

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Introduction to Creativity Christian Drachmann
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Rapid Idea Generation

• Idea Lab workshop
• Venture Cup 2007/08

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Focusing on creativity why?

• If you're not failing every now and again, it's
  a sign
• you're not doing anything very innovative
• Woody Allen

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Fundamental considerations

• If I need a new idea or have a problem, what
  should I do?

Ask!
Steal!
Borrow
Wait

• Systemativ approach
• Settings in place
• Simple rules
• Basic obstacles

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Obstacle 1 Avoid uncontrolled criticism

• We are far too critical
• We look for one right answer.
• Our education works against us we are trained
  in logical thinking and a scientific approach
  where we analyse the situation before we come up
  with the right diagnosis and solution.
• We want the first thing we say to be brilliant.
  We want to be perceived as serious and terribly
  intelligent sharp and fast with a witty remark
  that reveals the right answer to everything.

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Obstacle 2 - Get rid of limitations

• We limit ourselves
• Our first perception colours the way we think
  and our ability to come up with something new.
• - We do not think out of the box.

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Obstacle 3 - Ambition and provocation

• We lack the right conditions, ambition and
  provocation
• In general, we neglect to create the right
  settings for creativity.
• If we take a standard conference room with the
  standard table formation suitable for
  negotiations, then we get a standard solution.
• Demand many and wild ideas the ideas are
  assessed and sorted afterwards.

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Obstacle 4 - Demand new solutions

• We chose the most likely solution
• - Our mind is fantastic, but it tends to
  categorise everything into a known pattern
  therefore we tend to be prejudiced

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The challenges to beat !!
Too critical
Limit ourselves
Lack ambition
Most likely solution
Concepts to beat them!
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Koncept 1 Parallel ThinkingTM
Everyone changes thinking from one mode to
another - at the same time.
-
-
-
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Koncept 2 Lateral Thinking

• In normal thinking, each step that we take is
  firmly based on the preceding step (vertical
  thinking)
• When we arrive at a solution, the validity of
  that solution is proved by the validity of every
  preceding step.
• Lateral thinking gets us out of the normal way,
  and we create something new.

Provocation Random word - Pressure Stealing
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Objectives

• To introduce you to techniques that will help you
  to
• Increase the numbers of new ideas/solutions.
• Generate much more creative solutions.
• Improve the quality of ideas/solutions.

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Principles behind the Six Thinking Hats
Facts Sheet
Final Idea
Selected Ideas
Combined Evaluation Sheet
Idea Sheet

• The whole group does the same type of thinking at
  the same time, which is known as parallel
  thinking as opposed to adversarial thinking
  (traditional discussion is adversarial).

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The Practical Hat
The main objective is to ensure that the overall
agenda is maintained. The focus is to
accumulate the communication and plan for the
process ahead. What needs to be done to
accomplish the wanted tasks and realize the
durable ideas.

• This has been thoroughly covered. Next item is...
  
• Will the yellow hat please elaborate on the
  subject...?
• What is the documentation for the idea that...?
•  We need to involve these stakeholders to ensure
  that...

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Thesis for the exercise
How can we make airports more effective and
reduce the time spend in departures and arrivals?
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The Fact Hat
The main objective is to have focus on
information and data. The role seeks to
contemplate the information in a neutral and
unbiased way. The registration and objective
stating of the known facts. Rationality is the
driving factor.

• What information do we have?
• What are the objectives?
• What information do we need?
• How du we acquire the needed information?

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The Creative Hat
The main objective is to seek a pattern in the
presented ideas. To synthesise the information
and knowledge and find commonalities, and thereby
developing new aggregated or derivated ideas or
possibilities. 

• The basics of this venture are similar to...
• This is comparable to...
• There is a likeness between this platform and...
• The synergies between what your saying and what
  he is saying is...

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Brain Writing
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The Practical Hat
The main objective is to ensure that the overall
agenda is maintained. The focus is to
accumulate the communication and plan for the
process ahead. What needs to be done to
accomplish the wanted tasks and realize the
durable ideas.
5 point
3 point
1 point
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The Critical Hat
The main focus is critical in all aspects of the
communication. The role's center of attention
is problem driven why an idea is not going to
work, potential risks and weaknesses in arguments
as well as current beliefs.

• That is a bad idea because...
• Drilling in the reservoir is problematic
  because...
• The risk of going forward on this is too high
  because...
• The implementation will be difficult because...

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The Positive Hat
The main objective is to look at the ideas
through an optimistic optic. The focus is on
ideas potential and possible solutions to
existing problems. The role seeks to produce and
promote valid arguments for the ideas at hand.

• It would be a good idea to...
• The project is running well but it could run even
  better if...
• The idea certainly has qualities in the area
  of...
• The potentials of this idea are so great that we
  should attempt to

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The Intuition Hat
The main objective is to make the team focus on
their feelings and first perceptions. This role
is based on personal experiences. The main
objective is to generate ideas through
brainstorming.

• I once read an article where...
• That reminds me of an episode where...
• It is my impression that...
• What if we tried to...?

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Sharing your learning

• Share your major learning points from the Idea
  Generation and Idea Challenge session
• How will you use this knowledge when getting
  back?

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Upcoming Events
www.venturecup.dk/cphevents
Matchmaking 31 October, 17.30-20 CBS, Kilevej 14,
K.S. 43 Nokia auditorium Register online!
Review your idea 7 November, 17.30-20 CBS,
Kilevej 14, K.S. 48 Register online!
Årets fest Lasse Rimmer at CBS 12 Oct
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venturecup.dk