"Innovation is creating value from existing resources." "Entrepreneurship is creating something from practically nothing"
The Clark AGSB entrep students are wonderful. They had plenty of earthshaking new ideas submitted:
l. Richard's group discovered/suggested a way to solve weight discrepancy, lessen labor costs (amounting to millions) in the factory, through the purchase of weighing/sorting device. May he /they be able to get a budget for this.
2. One student, who is a marketing director of their company, was able to resolve the issue of going to USA (which is risky at this time but which should be a launching pad to export to the rest of the world) and marketing to Moslem Filipinos in the Arab countries. The key is being halal certified.
3. For the untried outlandish crimes, another group suggested a cheap way of disabling the security system/remote security lock of expensive cars and suv.
4. A manufacturing company suggested a novel way of marketing a product and hence increasing sales and market share. (by setting up franchiseable food carts)
When it comes to food, you can not beat the Kabalens:
5. Vegetable candies: using gel type candies, or gummy bear, they will produce candies from a vegetable with medicinal values so that children will like it.
6. Potato chips dipped in chocolate conconction. An idea by CJ. I hope he does this instead of just being a drug pusher.
These are the NuIdeaShare I rememember from the class. I hope they emaill me the pictures to share with other readers.
I disguised their ideas to protect the intellectual property of the students.
The Clark AGSB entrep students are wonderful. They had plenty of earthshaking new ideas submitted:
l. Richard's group discovered/suggested a way to solve weight discrepancy, lessen labor costs (amounting to millions) in the factory, through the purchase of weighing/sorting device. May he /they be able to get a budget for this.
2. One student, who is a marketing director of their company, was able to resolve the issue of going to USA (which is risky at this time but which should be a launching pad to export to the rest of the world) and marketing to Moslem Filipinos in the Arab countries. The key is being halal certified.
3. For the untried outlandish crimes, another group suggested a cheap way of disabling the security system/remote security lock of expensive cars and suv.
4. A manufacturing company suggested a novel way of marketing a product and hence increasing sales and market share. (by setting up franchiseable food carts)
When it comes to food, you can not beat the Kabalens:
5. Vegetable candies: using gel type candies, or gummy bear, they will produce candies from a vegetable with medicinal values so that children will like it.
6. Potato chips dipped in chocolate conconction. An idea by CJ. I hope he does this instead of just being a drug pusher.
These are the NuIdeaShare I rememember from the class. I hope they emaill me the pictures to share with other readers.
I disguised their ideas to protect the intellectual property of the students.
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