What is Success Factor Modeling?

Group

Steve JobsAnita Roddick

Richard Branson

Jeff Bezos

Howard Shultz

Next Generation Entrepreneurs

Live Your Passion and Create a Better

World through Your Business

Success Factor Modeling

TM

Elon Musk

1

Exploring the question:

“What is the

difference that makes

the difference?

”

Success Factor Modeling

TM

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¨ A person who organizes and manages an

enterprise or venture and assumes significant

accountability for the inherent risks and the

outcome.

¨ A person who is willing to take on a new

venture, project or enterprise, creating value by

offering a product or service, and accepting full

responsibility for the outcome.

Entrepreneur

3

¨ The act of behaving like an entrepreneur while

working within a large organization; e.g., undertaking

something new, without being asked to do so.

¨ The practice of a corporate management style that

integrates risk-taking and innovation approaches, as

well as the reward and motivational techniques,

used by entrepreneurs.

¨ Focus on innovation and creativity, and transforming

an idea into a profitable venture, while operating

within the organizational environment.

¨ “Dreamers who do.” Those who take hands-on

responsibility for creating innovation of any kind,

within a business.

Intrepreneurship

The "secret weapon" of the business world.

4

¨ Successfully implement a new idea

for a business or project.

¨ Grow your current business.

¨ Coach entrepreneurs and

executives to be more successful.

Mastering Entrepreneurship

5

The Success Factor Modeling

TM

(SFM)

process is a method to identify and transfer

the critical success factors—in the form of

both business practices and behavioral

skills—necessary to promote the growth and

development of new ventures, traditional

companies and entrepreneurs. These factors

help individuals, teams and companies to be

maximally prepared to create, recognize and

take advantage of opportunities when they

arise.

SUCCESS FACTOR MODELING

TM

John Dilts

6

An Effective Model Provides a

Description of Both the Lock and the

Key which Opens It

Contextual constraints that need to be

addressed in order to succeed

Linking Behavioral Skills

to Relevant Contexts

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OUTCOMES

(WHAT WE ACHIEVE)

Basic Components of

Success Factor Modeling

MINDSET

(HOW WE THINK)

PRODUCES

ACTIONS

(WHAT WE DO)

CREATES

Satisfaction Contribution Innovation Profitability Growth

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What is Success?

¨ The ability to reach your desired outcomes,

whatever they may be.

¨ Developing the motivation, skills and resources

necessary to reach your desired goals.

The inner experience of

success is connected

with the feelings of:

¨Gratitude

¨Generosity

Success

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