Thinking and Acting Outside the Box
New
knowledge economy
creates brilliant opportunities for reinventing the traditional business
incubation model. Creating a virtual innovation society - actually, a
virtual Silicon Valley - for both both start-up firms and would-be
entrepreneurs is not impossible any more after web-based and integrated
Business e-Coaching and
project management
workspace models have been successfully launched.
The new hybrid Business E-ncubator without walls
can not just think, but act outside its box and provide effective
IT-enabled business e-coaching, match-making, and project management
services to thousands of its semi-virtual and virtual tenants - start-up
companies. E-coaching will also enhance the effectiveness of traditional
tailor-made training, mentoring, and consulting services as entrepreneurs
will have better preliminary understanding of the subject. In fact, business
consultancies usually don't like to waste their time on low-value activities
such as teaching first-time entrepreneurs basic business skills. Business
e-Coach can do it for them very effectively and free of charge thus enabling
reallocation of human resources from low-value to high-value uses.
Business e-ncubator can also extend its
activities to the pre-incubation phase and provide business e-coaching
services to hundreds of would-be entrepreneurs. E-coaching would help them
to refine their venture models and transit seamlessly from the
pre-incubation phase to the incubation one. |