#cpaf15 ws6: business risk mitigation(basil springer gcm, phd,change-engine consultant,trinidad and...
Post on 17-Feb-2017
337 Views
Preview:
TRANSCRIPT
Basil Springer GCM, PhD
Change-Engine ConsultantCBET
“Business Risk Mitigation"
UWICHTue Nov 3 2015
Caribbean Business Enterprise Trust Inc. (CBET)
Indentified the Challenges to Enterprise Development
Major Challenges to Enterprise Development
#1 Poor selection of enterprises and promoters of enterprises
#2 High failure rate of start-ups
#3 Lack of timely access to appropriate sources of finance
Money is not the challenge – access to it is!
The CBET Shepherding Model™
A Caribbean Catalyst Turning Concepts into Commercial Realities
Provides the Solutions
“First Step”
Assign Shepherd to a
Potential Entrepreneur
How to select enterprises to grow the economy?
Choose “DNA of an Elephant” enterprises and conduct due diligence on the enterprise
and the promoter
Challenge #1The CBET Shepherding ModelTM
Solution #1
How to address high failure rate and the attendant risk?
Give special care to the mindset of the entrepreneur
and the management of business systems
(Shepherding)
The CBET Shepherding ModelTM
Solution #2
Challenge #2
“Shepherding as Collateral”
Shepherding Mitigates the Risk of Business Failure
and hence secures the Seed/Equity/Loan Capital
Investment
How to get access to finance?
Introduce Innovative Seed/Equity/Loan Capital Funds with Shepherding as collateral
The CBET Shepherding ModelTM
Solution #3
Challenge #3
Government Capitalized Revolving and Growth Seed Fund
– Advance from fund to pay Shepherd and Fund Operation
Expenses
– Recover advancefrom Equity Fund at a profit
The CBET Shepherding ModelTM
Initial Funding
Private Sector Managed Equity/Loan Fund
Private Sector Investment with Government Incentives and with
Shepherding as Collateral
The CBET Shepherding ModelTM
Initial Funding
The 5M Start-up Business Construct
1. Model
2. Management
3. Mindset
4. Mentoring
5. Money
The 5M Start-up Business Construct
1. Model
Inventor - Presents Idea
Innovator - Converts idea to
a product or service
The 5M Start-up Business Construct
2. Management
Entrepreneur -
Starts small; Does it right; Makes profit; Then expands
The 5M Start-up Business Construct
3. Mindset Shepherd
Life coaches the entrepreneur
4. Mentoring Shepherd
Management of business systems
Shepherding
The 5M Start-up Business Construct
5. Money
Investor -
Funds the business
The 5M Start-up Business Construct
1. Model
2. Management
3. Mindset
4. Mentoring
5. Money
“Second Step”
Start your Business with a Board Meeting
A Shepherding Tool
ManOBiz Matrix ™
The Management of Business Systems Matrix
The Five Classical Functions of Management are:
• Planning• Organizing
• Staffing• Leading
• Monitoring/Controlling
ManOBiz Matrix ™
The Management of Business Matrix™
The five Classical Systems of Business are:
1. Corporate Governance
2. Investment Finance
3. Marketing
4. People Development
5. Operations (Technical) + Admin, ICT, Accounting
Hotels & Tourist Attractions Sub-Sector
If we take all combinations of the five functions of
management and the five systems of business, these
define the 25 cells of the ManOBiz Matrix™.
ManOBiz Matrix ™
Systems of Business
CG InvFinance
Mktg PeopleDev
Ops
PlanningObjectives
OrganizingInstruments
Staffing Teams
Executingto achieve Objectives
ActualDashboards
Func
tions
of
Man
agem
ent
ManOBiz Matrix ™SHEPHERDING TOOL
Economic Gearing SystemHotels & Tourist Attractions Sub-Sector
Taxis, Restaurants, Agriculture & Dive
Sub-sectors
Tourism Sector
Hotels & Tourist Attractions Sub-
Sector
“Third Step”
Systematically IntroduceThe MANOBIZ™ Matrix
Planning
Corporate GovernancePlanning
StructureTrust
Performance
ROLE Structure
GOAL Trust
OBJECTIVE Performance
FinancePlanning
StructureTrust
Performance
ROLE Protection
GOAL Credit Rating
OBJECTIVE Capital
MarketingPlanning
StructureTrust
Performance
ROLE Life
GOAL Credit Rating
OBJECTIVE Sales
People DevelopmentPlanning
StructureTrust
Performance
ROLE Growth
GOAL Employee Improvement
OBJECTIVE Productivity
OperationsPlanning
StructureTrust
Performance
ROLE Stamina
GOAL Sustainability
OBJECTIVE Profit
Systems of Business
CG InvFinance
Mktg PeopleDev
Ops
PlanningObjectives
√ √ √ √ √
OrganizingInstruments
Staffing Teams
Executingto achieve Objectives
ActualDashboards
Func
tions
of
Man
agem
ent
ManOBiz Matrix ™SHEPHERDING TOOL
Organizing Instruments
Corporate GovernanceInstruments
Vision and Mission
Agenda and Minutes
Investment FinanceInstruments
Savings Family and Friends
GrantsRetained Earnings
ProfitsCrowdfundingPrivate Equity
Bank/Credit Union Loans Angels
MarketingInstruments
Marketing MatrixSales Conversion Flow
Sales CallsSales Forecasts
Social Media
People DevelopmentInstruments
Affirmations of AbundanceTime Management
Performance AppraisalInternet Training
Succession Planning
OperationsInstruments
Process FlowManagement AccountsCash Flow ProjectionsCost ProfilingProfit ProjectionsCash Flow ProjectionsValuationAdmin and ICTAudited Accounts
Systems of Business
CG InvFinance
Mktg PeopleDev
Ops
PlanningObjectives √ √ √ √ √
OrganizingInstruments √ √ √ √ √
Staffing Teams
Executingto achieve Objectives
ActualDashboards
Func
tions
of
Man
agem
ent
ManOBiz Matrix ™SHEPHERDING TOOL
Staffing Teams
Functional Chart
Select and Assign Staff
Organizational Chart
Systems of Business
CG InvFinance
Mktg PeopleDev
Ops
PlanningObjectives √ √ √ √ √
OrganizingInstruments √ √ √ √ √
Staffing Teams √ √ √ √ √
Executingto achieve Objectives
ActualDashboards
Func
tions
of
Man
agem
ent
ManOBiz Matrix ™SHEPHERDING TOOL
Executing to Achieve Objectives
Set at the Planning Stage
Monitoring/ControllingBased on
Actual Dashboard Readings
matched againstSet Objectives
Systems of Business
CG InvFinance
Mktg PeopleDev
Ops
PlanningObjectives √ √ √ √ √
OrganizingInstruments √ √ √ √ √
Staffing Teams √ √ √ √ √
Executingto achieve Objectives
√ √ √ √ √
ActualDashboards
√ √ √ √ √
Func
tions
of
Man
agem
ent
ManOBiz Matrix ™SHEPHERDING TOOL
E-mail: basilgf@caribsurf.com
Websites: www.cbetmodel.org www.nothingbeatsbusiness.comwww.marketplaceexcellence.comwww.cmexmedia.orgwww.bankonme.tv/ Facebook pages:www.facebook.com/pages/Global-Business-Innovation-Corporation/753733398043788www.facebook.com/basilgf
Thanks You
top related