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  • 1.  Crowdsourcing your advice on Teaching Simulations of (Effective) Entrepreneurial Reasoning

    Posted 12-06-2016 09:55

    Dear colleagues and friends,

     

    We are looking for teaching exercises (mostly simulation-based, though other types are welcome as well) that can broadly tap into (effective) entrepreneurial reasoning. Ideally, we want to use an exercise that runs over several weeks and has at least a few clear milestones, which, if not met, would tangibly reduce an entrepreneur's chances of success. Of course, given the very nature of and uncertainty around the entrepreneurial process, this is rather challenging to model in any way, so we wanted to crowdsource your best practices in handling this and get some ideas of what worked (or didn't) in your experience. The target audience for the exercise is graduate-level students and novice entrepreneurs. We will gladly compile all proposed options at the end and share them with the list.

     

    Thank you very much in advance.

     

    With kind regards,

    Magdalena Cholakova

     

    Magdalena Cholakova, Ph.D.

    Assistant Professor of Strategy & Entrepreneurship

     


    ROTTERDAM SCHOOL OF MANAGEMENT
    ERASMUS UNIVERSITY

     

    Department of Strategic Management & Entrepreneurship 

    Burgemeester Oudlaan 50
    T Building, Room 7-48
    3062 PA Rotterdam, The Netherlands

    Tel: +31 10 4089613

    cholakova@rsm.nl

     

    http://www.rsm.nl/people/magdalena-cholakova/
     

     

     

     

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Jeff Pollack (jeff_pollack@ncsu.edu) or Kevin Cox (kcox24@my.fau.edu). Ventures HO!


  • 2.  Crowdsourcing your advice on Teaching Simulations of (Effective) Entrepreneurial Reasoning

    Posted 12-06-2016 14:52

    HI Magdalena,

    I will be happy to receive the consolidated results of this query.

    Best,

    Sergio JANCZAK

     

     

    From: Entrepreneurship Division Listserv [mailto:ENTREP@AOMLISTS.AOM.ORG] On Behalf Of M.N. Cholakova
    Sent: Tuesday, December 06, 2016 9:55 AM
    To: ENTREP@AOMLISTS.AOM.ORG
    Subject: [ENTREP] Crowdsourcing your advice on Teaching Simulations of (Effective) Entrepreneurial Reasoning

     

    Dear colleagues and friends,

     

    We are looking for teaching exercises (mostly simulation-based, though other types are welcome as well) that can broadly tap into (effective) entrepreneurial reasoning. Ideally, we want to use an exercise that runs over several weeks and has at least a few clear milestones, which, if not met, would tangibly reduce an entrepreneur's chances of success. Of course, given the very nature of and uncertainty around the entrepreneurial process, this is rather challenging to model in any way, so we wanted to crowdsource your best practices in handling this and get some ideas of what worked (or didn't) in your experience. The target audience for the exercise is graduate-level students and novice entrepreneurs. We will gladly compile all proposed options at the end and share them with the list.

     

    Thank you very much in advance.

     

    With kind regards,

    Magdalena Cholakova

     

    Magdalena Cholakova, Ph.D.

    Assistant Professor of Strategy & Entrepreneurship

     


    ROTTERDAM SCHOOL OF MANAGEMENT
    ERASMUS UNIVERSITY

     

    Department of Strategic Management & Entrepreneurship 

    Burgemeester Oudlaan 50
    T Building, Room 7-48
    3062 PA Rotterdam, The Netherlands

    Tel: +31 10 4089613

    cholakova@rsm.nl

     

    http://www.rsm.nl/people/magdalena-cholakova/
     

     

     

     

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Jeff Pollack (jeff_pollack@ncsu.edu) or Kevin Cox (kcox24@my.fau.edu). Ventures HO!

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Jeff Pollack (jeff_pollack@ncsu.edu) or Kevin Cox (kcox24@my.fau.edu). Ventures HO!


  • 3.  Crowdsourcing your advice on Teaching Simulations of (Effective) Entrepreneurial Reasoning

    Posted 12-06-2016 23:08
    Kindly have a look at this. It is designed for students / novice entrepreneurs to gain an understanding of entrepreneurship by playing a little game. Link: http://sag.sagepub.com/content/47/6/837.abstract

    While the game is presented for a two session format, I am sure you can extend it to suit more sessions.

    Best wishes,
    Raj

    -----
    Raj K. Shankar
    Doctoral Candidate - Entrepreneurship Development Institute of India
    Author of Book "Entrepreneurship: Theory and Practice"

    On Tue, Dec 6, 2016 at 8:25 PM, M.N. Cholakova <cholakova@rsm.nl> wrote:

    Dear colleagues and friends,

     

    We are looking for teaching exercises (mostly simulation-based, though other types are welcome as well) that can broadly tap into (effective) entrepreneurial reasoning. Ideally, we want to use an exercise that runs over several weeks and has at least a few clear milestones, which, if not met, would tangibly reduce an entrepreneur's chances of success. Of course, given the very nature of and uncertainty around the entrepreneurial process, this is rather challenging to model in any way, so we wanted to crowdsource your best practices in handling this and get some ideas of what worked (or didn't) in your experience. The target audience for the exercise is graduate-level students and novice entrepreneurs. We will gladly compile all proposed options at the end and share them with the list.

     

    Thank you very much in advance.

     

    With kind regards,

    Magdalena Cholakova

     

    Magdalena Cholakova, Ph.D.

    Assistant Professor of Strategy & Entrepreneurship

     


    ROTTERDAM SCHOOL OF MANAGEMENT
    ERASMUS UNIVERSITY

     

    Department of Strategic Management & Entrepreneurship 

    Burgemeester Oudlaan 50
    T Building, Room 7-48
    3062 PA Rotterdam, The Netherlands

    Tel: +31 10 4089613

    cholakova@rsm.nl

     

    http://www.rsm.nl/people/magdalena-cholakova/
     

     

     

     

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Jeff Pollack (jeff_pollack@ncsu.edu) or Kevin Cox (kcox24@my.fau.edu). Ventures HO!

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Jeff Pollack (jeff_pollack@ncsu.edu) or Kevin Cox (kcox24@my.fau.edu). Ventures HO!


  • 4.  Crowdsourcing your advice on Teaching Simulations of (Effective) Entrepreneurial Reasoning

    Posted 12-07-2016 10:31

    You may want to look at the simulation, VentureBlocks.  It teaches students how to interview potential customers to identify needs, then convert those needs into insights. The simulation ends with an opportunity being identified.  It's a good precursor to the simulations that are more strategy and management-based.

     

    The simulation can be played in less than one hour but can cover multiple class sessions given the content that is "practiced" during the sim. 

     

    To access a free copy for educator play, see http://ventureblocks.com/

     

    Let me know if you have further questions.

     

    Heidi Neck

    Babson College

     

     

    From: Entrepreneurship Division Listserv [mailto:ENTREP@AOMLISTS.AOM.ORG] On Behalf Of Raj Krishnan Shankar
    Sent: Tuesday, December 6, 2016 11:08 PM
    To: ENTREP@AOMLISTS.AOM.ORG
    Subject: Re: [ENTREP] Crowdsourcing your advice on Teaching Simulations of (Effective) Entrepreneurial Reasoning

     

    Kindly have a look at this. It is designed for students / novice entrepreneurs to gain an understanding of entrepreneurship by playing a little game. Link: http://sag.sagepub.com/content/47/6/837.abstract

     

    While the game is presented for a two session format, I am sure you can extend it to suit more sessions.

     

    Best wishes,

    Raj


    -----

    Raj K. Shankar

    Doctoral Candidate - Entrepreneurship Development Institute of India

    Author of Book "Entrepreneurship: Theory and Practice"

     

    On Tue, Dec 6, 2016 at 8:25 PM, M.N. Cholakova <cholakova@rsm.nl> wrote:

    Dear colleagues and friends,

     

    We are looking for teaching exercises (mostly simulation-based, though other types are welcome as well) that can broadly tap into (effective) entrepreneurial reasoning. Ideally, we want to use an exercise that runs over several weeks and has at least a few clear milestones, which, if not met, would tangibly reduce an entrepreneur's chances of success. Of course, given the very nature of and uncertainty around the entrepreneurial process, this is rather challenging to model in any way, so we wanted to crowdsource your best practices in handling this and get some ideas of what worked (or didn't) in your experience. The target audience for the exercise is graduate-level students and novice entrepreneurs. We will gladly compile all proposed options at the end and share them with the list.

     

    Thank you very much in advance.

     

    With kind regards,

    Magdalena Cholakova

     

    Magdalena Cholakova, Ph.D.

    Assistant Professor of Strategy & Entrepreneurship

     


    ROTTERDAM SCHOOL OF MANAGEMENT
    ERASMUS UNIVERSITY

     

    Department of Strategic Management & Entrepreneurship 

    Burgemeester Oudlaan 50
    T Building, Room 7-48
    3062 PA Rotterdam, The Netherlands

    Tel: +31 10 4089613

    cholakova@rsm.nl

     

    http://www.rsm.nl/people/magdalena-cholakova/
     

     

     

     

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Jeff Pollack (jeff_pollack@ncsu.edu) or Kevin Cox (kcox24@my.fau.edu). Ventures HO!

     

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Jeff Pollack (jeff_pollack@ncsu.edu) or Kevin Cox (kcox24@my.fau.edu). Ventures HO!

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Jeff Pollack (jeff_pollack@ncsu.edu) or Kevin Cox (kcox24@my.fau.edu). Ventures HO!


  • 5.  Crowdsourcing your advice on Teaching Simulations of (Effective) Entrepreneurial Reasoning

    Posted 12-13-2016 13:41
    Dear Professor Cholakova,

     

    I am the author of the Marketplace simulation. I have created several simulations and a comprehensive pedagogy to develop entrepreneurial knowledge, skills and competencies. 

     

    You would probably be most interested in my Venture Strategy (VS) simulation. VS is an entrepreneurial, full-enterprise simulation.

    The simulation employs a new venture situation where students build a business from the ground up. Throughout its six quarters of operations (six decision rounds), the business evolves and becomes more complex as new decisions need to be made.

    Every business quarter, students must analyze an evolving situation, plan a strategy to improve it, and then work through many tactical decisions as they attempt to execute that strategy. They face great uncertainty from the market, employees, investors, their own decisions and competitors that are trying to outsmart them. Incrementally, they learn to skillfully adjust their strategy and tactics as they discover the nature of their real-life decisions, including the available options, linkages to other functions, conflicts, tradeoffs and potential outcomes.

    There is an opportunity to implement weekly executive briefings and a pitch to outside investors. Performance is judged via a balanced scorecard

    You can read about the simulation and the pedagogy in the following article:

     

    Ernest R. Cadotte (2014) "The Use of Simulations in Entrepreneurship Education: Opportunities, Challenges and Outcomes," M. H. Morris (ed.) Annals of Entrepreneurship Education & Pedagogy, USASBE, pp. 280-302.

     

     

    Ernie Cadotte

    Fisher Professor of Innovative Learning

    University of Tennessee   



     ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Jeff Pollack (jeff_pollack@ncsu.edu) or Kevin Cox (kcox24@my.fau.edu). Ventures HO!