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Developing New Business Ideas Andrew Bragg

Developing New Business Ideas By Andrew Bragg

Developing New Business Ideas by Andrew Bragg


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Summary

How do you take a promising thought and develop it into an enterprise worth backing? Developing New Business Ideas is an imaginative and interactive companion to converting creativity into successful enterprise.

Developing New Business Ideas Summary

Developing New Business Ideas: A step-by-step guide to creating new business ideas worth backing by Andrew Bragg

... the vast numbers of books devoted to the subject... have done little to improve the situation... Andrew and Mary Bragg's Developing New Business Ideas might just be the book to change much of this... If this book can help investors and would-be entrepreneurs in this area it will do not just them, but also the economy as a whole a great service. Roger Trapp, Independent on Sunday Developing New Business Ideasis a truly original book, with a fabulous blend of lessons and inspiring real business stories. Most importantly, it demonstrates in a practical and easy to understand manner how to put creativity and innovation into action. - Lord Bilimoria CBE DL, founder and Chief Executive, Cobra Beer At some time in their life, almost everyone in business has an idea for a new enterprise. The idea might be sparked by dissatisfaction with an existing product, experiencing something new while traveling or simply finding that nobody in the market is serving your particular need. The idea could be for a new venture for your business to launch, or for new business of your own. But most ideas remain just that: ideas. We struggle to develop them, wondering if they will work, why nobody has already thought of them and how we could ever turn them into a profitable reality. How do you take a promising thought and develop it into an enterprise worth backing? That is the question that this book sets out to answer. In Developing New Business Ideas, Andrew and Mary Bragg provide a practical guide to creating, shaping, evaluating, refining and implementing new business ideas. The book demonstrates that it is within absolutely everybody's power to take the first germ of a business idea and to systematically creatively challenge and commercially develop that idea into a viable business opportunity. Using a practical four-step creative process, Developing New Business Ideas offers a wide-range of hands-on, how-to-actually-do-it techniques to help you add value and viability to your original idea. It will also introduce you to the experiences of a range of today's successful entrepreneurs, enabling you to learn from the creative lessons that they learned as they built their businesses. Supported by its own set of online tools, Developing New Business Ideas is an imaginative and interactive companion to converting creativity into successful enterprise. Having had your bright, fresh, original idea, the really hard part is turning it into successful reality. By detailing four structured steps to developing saleable products or services from that first idea, this excellent and imaginative guide significantly simplifies that task. Essential reading for all would-be entrepreneurs. Trevor Baylis OBE, the inventor of the clockwork radio.

Developing New Business Ideas Reviews

... the vast numbers of books devoted to the subject... have done little to improve the situation... Andrew and Mary Bragg's Developing New Business Ideas might just be the book to change much of this... If this book can help investors and would-be entrepreneurs in this area it will do not just them, but also the economy as a whole a great service. Roger Trapp, Independent on Sunday Entrepreneurship is the lifeblood of business - the embodiment of an idea's potential. But too many ideas - and too many companies - flounder and fail because they are not developed properly. You might have an idea that will change the marketplace forever, but it is no more than a dream or a fantasy if you cannot make it work. The Braggs' book shows how to take that first naked idea, that aspiration, and shape it into a form that can be successfully put into action. They show clearly how creativity can and should be applied to every single stage of the idea development process, and use a helpful step by step process to help you turn your idea into entrepreneurial reality. Developing New Business Ideasis a truly original book with a fabulous blend of lessons and inspiring real business stories. Most importantly, it demonstrates in a practical and easy to understand manner how to put creativity and innovation into action. Lord Bilimoria CBE DL, founder and Chief Executive, Cobra Beer Having had your bright, fresh, original idea, the really hard part is turning it into successful reality. By detailing four structured steps to developing saleable products or services from that first idea, this excellent and imaginative guide significantly simplifies that task. Essential reading for all would-be entrepreneurs. Trevor Baylis OBE, the inventor of the clockwork radio Andrew and Mary Bragg have assembled a fascinating and formidable cast of entrepreneurial thought-masters to demonstrate the power of their own effective and crystal-clear principles of idea generation, development and implementation - lessons that anyone can exploit. Their book is a wonderful read which is a powerful idea - or rather set of interlinked ideas - in itself. Read, enjoy, learn, do - and profit. Robert Heller, management writer and founding editor ofManagement Today If you are eager to leave the corporate rat-race for an entrepreneurial journey, the Braggs' Chapter Four is your ticket out. Thanks to this book, finding a viable new business idea just got easier. Professor John Mullins, London Business School, author of The New Business Road Test Developing New Business Ideas forges a unique and powerful link between creativity and innovation. Many innovation models begin with a new business concept and proceed to describe what steps must be taken to develop, evaluate, and bring the concept to market. It is almost as if such models assume new business concepts are ripe for the picking and that successful innovation relies primarily on analysis and implementation. Bragg and Bragg highlight how creativity is essential to the 'front-end' of the innovation process. They explain how the creative process can be explicitly employed to identify business opportunities and to develop original ideas in response to such opportunities. These real-life stories, in combination with an array of practical creativity tools, render this book both an enjoyable read and profoundly useful. Developing New Business Ideas has the potential to help many people realise their dreams. Gerard J. Puccio, Ph.D., Chair and Professor, International Center for Studies in Creativity, Buffalo State College - State University of New York &

About Andrew Bragg

Mary Bragg worked in marketing with GlaxoSmithKline, before undertaking management consultancy with PricewaterhouseCoopers, both in the UK and internationally. Her professional qualifications include a Masters Degree from London University. She combines independent management consultancy with a university career as Principal Lecturer on entrepreneurship and creativity. A Fellow of the Royal Society of Arts, Mary was a founding trustee of the Academy of Enterprise. Her earlier book, Re-inventing Influence, won the Management Consultancies' Association award for best management book of the year in 1996. Andrew Bragg's wide-ranging business career includes general management and marketing roles in the UK and mainland Europe across commercial and not-for-profit sectors. His chief executive roles have covered the multimedia, print and packaging sectors and have involved a number of entrepreneurial start-ups. A graduate of Trinity College, Cambridge, Andrew also gained an MBA from Cranfield University.

Table of Contents

Publisher's acknowledgements Authors' acknowledgements Introduction Chapter 1: The importance of developing strong ideas * James Dyson - using the idea development process to clean up * Demystifying the idea development process * Slaying the myth that entrepreneurs are born, not made * The four steps in the idea development process * And another thing: benefits of the idea development process * Call in the cavalry or do it yourself? * Sir Clive Sinclair and the C5 - the perils of a flawed process of idea development Chapter 2: Applying creativity to the idea development process * Phil Knight and NIKE - combining logic and intuition into record-breaking success * Why is creativity a must? * Reconnect with your creativity * Creativity and the idea development process * Mastering whole-brain thinking * Ingvar Kamprad - using logic and intuition to break the mould with IKEA Chapter 3: Step One - seeking and shaping opportunities * Amazon.com - shaping the internet opportunity * Don't rush to headlong action * Give yourself time to develop alternatives * Treat your first business idea as purely tentative * Total immersion in the market * Fact-finding * Tools for seeking and shaping opportunities * Moving to Step Two - acknowledging Catch-22 * Iridium - the imperfect solution to an opportunity which never existed? Chapter 4: Step Two - generating new ideas * Howard Head - an analogical approach to business success * Eureka? * The Mind Gym: six mental workouts and their related routines * Ground-rules for productive mental workouts * Mental Workout One - Checklists * Mental Workout Two - Stimulus materials * Mental Workout Three - Combinations * Mental Workout Four - Free-association * Mental Workout Five - Analogical thinking * Mental Workout Six - Upside-down thinking * Moving to Step Three * Thomas Alva Edison - idea generator par excellence Chapter 5: Step Three - evaluating and selecting ideas * Karan Bilimoria: brewing the criteria to achieve the big one * Evaluation allows development, not just selection * Two-phase screening process * Evaluation frameworks for screening ideas * Criteria to use within the frameworks * Business-focused criteria * Person-focused criteria * Decision balance sheet * Prototyping * Gary Mueller and Internet Securities, Inc. - selecting a venture to suit his needs Chapter 6: Step Four - planning for implementation * Frederic Smith &#

Additional information

GOR001397817
9780273663256
0273663259
Developing New Business Ideas: A step-by-step guide to creating new business ideas worth backing by Andrew Bragg
Used - Very Good
Paperback
Pearson Education Limited
20050505
288
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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