Key Experience Requirements for Successful Venture Management PPT
This PPT slide, part of the 81-slide How to Prepare a Business Plan PowerPoint presentation, titled "Necessary Experience for Venture Management" contrasts traditional corporate experience with the specific skills and backgrounds that are beneficial for managing new ventures. It begins by outlining the limitations of conventional corporate roles, emphasizing that such experience often focuses on short-term earnings and established processes that may not align with the dynamic nature of new ventures. Key points include the reliance on internal milestones, a heavy delegation of responsibilities, and decision-making backed by substantial capital resources.
On the right side, the slide shifts to illustrate how corporate experience can still be valuable when it encompasses certain critical elements. It highlights the importance of business-building roles, such as leading geographic expansions, developing new product lines, and providing marketing leadership for brand development. The mention of relevant industry sector experience underlines the necessity for familiarity with specific market dynamics.
The slide features 2 notable executives, Catherine Hapka and Richard Thompson, who exemplify the type of experience that can drive success in venture management. Hapka's background includes significant roles in telecommunications, where she expanded market reach and established partnerships, demonstrating a proactive approach to business growth. Thompson's experience at Johnson & Johnson showcases his ability to build and lead ventures from the ground up, particularly in international markets.
This slide effectively communicates that while traditional corporate experience may not fit the needs of new ventures, specific skills and a proactive mindset can bridge that gap, making it essential for potential venture leaders to cultivate these attributes.
This slide is part of the How to Prepare a Business Plan PowerPoint presentation.
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