Duration: 2 days
Time: 9am to 6pm
Strategic: 16 PDUs
Total: 16 PDUs
What Will Be Taught For This Course?
During the 20th century, technologists worked for entrepreneurs. In the 21st century many technologists have pursued modern management education and become more competent in running their own organizations. This new breed of young to middle-aged technopreneurs are receptive to new technologies, reinventing products and creating innovative solutions that have never been imagined before.
The impact of globalisation, technology, and stakeholders’ expectations have evolved into the future of work dominated by technopreneurs. Technopreneurs need these four types of human capital to excel, i.e. the PMI talent triangle:
- Intellectual capital for expert power (technical project management)
- Social capital for communicative power (leadership)
- Emotional capital for adaptive power (strategic and business management)
- Adversity capital for stamina power (lifelong learning)
These four kinds of power are essential for implementing disruptive innovation, sustaining innovation advantage, attaining efficiency in innovation, and improving the innovation chain continuously for job creation. All this is necessary to better adapt to stakeholders’ needs, remain relevant and stay competitive.
However, for sustainable competitiveness, technopreneurship should permeate the whole organization, i.e. the spirit or heart of a technopreneur. The spirit of technopreneurship (continuous process improvement-driven) will live on, not the technopreneur (longevity of the owner). The rationale is that ‘although I am not the owner of the company, the spirit of the technopreneur has inculcated a sense of belonging to the executives and staff to take ownership and inspire them to ignite their passion to get the job done well’. The capability of an organization depends on the four “Is” - the ability to integrate, implement, innovate, improve continuously – faster, better, and smarter than the competition, to survive or face extinction. It is imperative to improve continuously too because competitors never sleep. Adversity can lead to prosperity – to be or not to be a technopreneur, the choice is vital.
Take Home Value
To change from adding value as a person (Technopreneur) to creating value as a process (Technopreneurship) is to transform conventional manager into “thinking human capital” who has expert power for integration of resources, communicative power for successful implementation of projects by a high performance team, adaptive power for innovation of continuous improvement projects to replace current products/services through six different perspectives to achieve faster, better and smarter results to meet stakeholders’ expectations. Sustainable power for longevity – to stay relevant, marketable, and self-employable (after retirement). This course addresses the people, process, and tools aspects that can be applied.
Entrepreneurs have to transform into technopreneurs in the Digital Economy because of IoT (internet-of Things) and IoS (internet-of-Systems) in the cyber physical system of technology. Old wine in new bottles will not work. The future skills for developing human capital in the next decade depend on unification of holistic, systems, critical and lateral thinking to achieve competencies to integrate, implement, innovate and improve continuously, i.e. execution capability of company.
We must learn faster, better, and smarter to beat the competition.
Awareness - What is Technopreneurship?
I know the difference between intrapeneur, entrepreneur, and technopreneur.
Alignment - Why Technopreneurship is Vital?
I understand that technopreneur is a person, technopreneurship is a process.
Action - How to Cultivate Technopreneurship?
I can also be a technopreneur with the passion to succeed by inculcating the spirit of technopreneurship.
Adoption - Who are the Authentic Technopreneurs?
I am convinced that in the 4th industrial revolution, technology rules the world, entrepreneurship will need to be transformed to technopreneurship to stay relevant and for sustaining competitive advantage.
Assurance - When to Multiply Technopreneurship?
I realized that anything that cannot be measured is difficult to manage and/or control; hence the outcome of technopreneurship is to transform products/services/solutions into faster, better and smarter ones.
Anticipation - Where Technopreneurship Works Best?
To inculcate technopreneurship, I need to apply holistic thinking for clarity in effective planning, systems thinking for effective control, and critical thinking for effective decision-making; to improve continuously I need to consider the opportunities and threats, facts and trends, create and innovate current products/services/solutions to stay relevant and remain competitive; commitment by focusing on the vision, mission and core values; to be sure I also need to apply lateral thinking, i.e. the six thinking hats, for effective empathy analysis. These four types of thinking skills will engage the technopreneur on how to utilise the whole-brain thinking (or wholistically) to attain accelerated action learning.
Who Should Attend This Training?
Anyone who is concerned with the impact of Industry 4.0 in the Era of Artificial Intelligence (AI). The trend is that 40% of the routine work will be replaced by AI and 60% of non-routine work like managing projects and human capital, i.e. intellectual capital, socio capital, emotional capital, and adversity capital. However, AI has challenged all these business value adding capital to be transformed into higher order competence – from intellectual capital to expert power, from socio capital to communications power, from emotional capital to adaptive power, and from adversity capital to sustainable power. Otherwise, we are at the peril of becoming uncompetitive. Technology has put everyone on the same starting point for competition - innovate or perish.
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COMAT is a business centre of e-Services, Electronics, ST Engineering.
Terms & Conditions
- All prices stated above are in Singapore Dollars (SGD).
- e-Services, Electronics, ST Engineering reserves the right to change the date or venue without prior notice.
- e-Services, Electronics, ST Engineering reserves the right to cancel or reschedule the course due to class size or unforeseen circumstances.
Please click on the course date to enrol.