Dilts Strategy Group


Next Generation Entrepreneurship


Sponsors:

NLP Japan
New Vision China Institute
Instituto Neuron

An entrepreneur is generally defined as "a person who organizes and manages an enterprise or venture and assumes significant accountability for the inherent risks and the outcome." The name is most frequently applied to a person who is willing to take on a new venture, project or enterprise, creating value by offering a product or service, and accepting full responsibility for the outcome. In essence, entrepreneurship is about taking personal, professional or financial responsibility and risk in order to pursue opportunity. In this sense, entrepreneurship is not only for individuals or small companies; it is an essential factor for success in today's rapidly evolving business world. Principles of entrepreneurship are necessary for all types of growth, innovation and change.

In recent years, a new generation of entrepreneurs has begun to emerge who are interested in more than just financial gain; they are also committed to living their dreams and making a better world through their projects or ventures. Many are people who have made a conscious decision to become more passionate, purposeful and creative. This translates into increased motivation, innovation and focus.

Next generation entrepreneurs want to create both a successful and purposeful business, or career; combining ambition with contribution and mission, and the desire for personal growth and fulfillment. They also desire to attract and collaborate with others who share the same vision, mission and ambition. In other words, Next Generation Entrepreneurship involves creating a world to which people want to belong. This new generation of entrepreneurship is driving and changing the way business is done and paving the way to both our social and economic future.

The purpose of the study was to identify the latest trends adopted by this new generation of entrepreneurship in order to address challenges and take advantage of opportunities in the current economic environment.

The learning gathered during the study is intended to enhance the productivity, profitability and satisfaction of a new generation of entrepreneurs and intrapreneurs.

The project involved interviews with 18 selected "Next Generation Entrepreneurs." The term Next Generation Entrepreneur was defined as:

Someone who creates a sustainable business or project to live one's own dream, while delivering a product or a service that makes a positive difference in the world and personally growing through it.

The four mandatory criteria of interviewee selection included:

  • Living one's dream and passionate about something else than money
  • Making a positive difference in the world
  • Business is at least economically sustainable if not growing
  • Delivering something new and innovative
  • Interviewees were selected to represent a wide scope of ventures including:

  • Different Business Types
  • Industry, Services, Technology, Environmental, NGO, etc.
  • Different Business Sizes
    Small and middle sized companies, Intrapreneurs within large scale/ multinational companies, Social entrepreneurs, etc.
  • Different Business Phases
    Start-up, Growth, Expansion, Maturity
  • Different Entrepreneur's Reputation and Notoriety
    Reputation amongst peers could be local, regional, national, international
  • Major trends will be documented in articles published in selected business magazines and on this website.

    Collective Intelligence


    Sponsors:

    Institut Repère
    NLP University
    Vision 2021

    Working together with others in groups and teams is an increasingly important part of modern business success. High functioning groups and teams demonstrate the characteristic of collective intelligence; a phenomenon that greatly enhances both efficiency and creativity. Intelligence is defined as: The ability to interact successfully with one's world, especially in the face of challenge or change. Collective intelligence has to do with a shared or group intelligence that emerges from the collaboration and communication between individuals in groups and other interacting systems.

    Practically speaking, collective intelligence relates to the ability of individuals in a team or group to share knowledge and think and act in an aligned and coordinated fashion to achieve critical outcomes. In organizations, this involves the process of people working cooperatively to reach common objectives by exchanging information and complementing one another's skills and experience. This accumulation and integration of individual know- how and competence also serves as a platform from which to develop new insights, ideas and capabilities. As a result, a major benefit of promoting collective intelligence is that group members grow more quickly and the creative problem solving capacity of the organization is improved through increased access to knowledge and expertise.

    The purpose of this study is to identify current trends and ideas generated by teams and organizations to increase collective intelligence in order to address challenges and take advantage of opportunities in the current economic environment. Dilts Strategy Group members have contacted a number of teams and companies to participate in interviews and other activities ranging from one hour to several days. These teams and companies have been selected on the basis of their reputation as a strong leader in the area of collective intelligence among peers.

    The following topics are being explored:

  • What are the current challenges and opportunities the company or team is facing.
  • How they view and value collective intelligence as a key means to succeed in today's business environment.
  • How they modified their business strategy and management practices to encourage and increase collective intelligence.
  • What specific steps they have implemented to support collective intelligence on a practical level.
  • Major trends will be documented in articles published in selected business magazines and on this website.