EPM Training

Technopreneurship in Industry 4.0

TECHNOPRENEURSHIP IN INDUSTRY 4.0

This course addresses the people, process, and tools aspects that can be applied

Duration: 2 Days | 18 Contact Hours | Code: TID4

COURSE OBJECTIVE

Entrepreneurs have to transform into technopreneurs in the Digital Economy because of IoT (internet-of Things) and IoS (internet-of-Systems) in the cyber physical system of technology.

Old wine in new bottles will not work. The future skills for developing human capital in the next decade depend on unification of holistic, systems, critical and lateral thinking to achieve competencies to integrate, implement, innovate and improve continuously, i.e. execution capability of company.

WHAT YOU WILL LEARN

I know the difference between intrapreneur, entrepreneur, and technopreneur.

I understand that technopreneur is a person, technopreneurship is a process.

I realized that anything that cannot be measured is difficult to manage and/or control; hence the outcome of technopreneurship is to transform products/services/solutions into faster, better and smarter ones.

I can also be a technopreneur with the passion to succeed by inculcating the spirit of technopreneurship.

I am convinced that in the 4th industrial revolution, technology rules the world, entrepreneurship will need to be transformed to technopreneurship to stay relevant and for sustaining competitive advantage.

To inculcate technopreneurship, I need to apply holistic thinking for clarity in effective planning, systems thinking for effective control, and critical thinking for effective decision-making; to improve continuously I need to consider the opportunities and threats, facts and trends, create and innovate current products/services/solutions to stay relevant and remain competitive; commitment by focusing on the vision, mission and core values; to be sure I also need to apply lateral thinking, i.e. the six thinking hats, for effective empathy analysis. These four types of thinking skills will engage the technopreneur on how to utilise the whole-brain thinking (or wholistically) to attain accelerated action learning.

WHO SHOULD PARTICIPATE

This course is perfect for anyone who is concerned with the impact of Industry 4.0 in the Era of Artificial Intelligence (AI). The trend is that 40% of the routine work will be replaced by AI and 60% of non-routine work like managing projects and human capital, i.e. intellectual capital, socio capital, emotional capital, and adversity capital.

COURSE LEVEL

Junior to Middle Management, certified PMPs, and anyone who needs to stay relevant, marketable, and employable for the two-days action learning course.

COURSE OUTCAME

The impact of globalisation, technology, and stakeholders’ expectations have evolved into the future of work dominated by technopreneurs. Technopreneurs need these four types of human capital to excel:

  • Intellectual capital for expert power
  • Social capital for communicative power
  • Emotional capital for adaptive power
  • Adversity capital for stamina power

These four kinds of power are essential for implementing disruptive innovation, sustaining innovation advantage, attaining efficiency in innovation, and improving the innovation chain continuously for job creation. All this is necessary to better adapt to stakeholders’ needs, remain relevant and stay competitive.

COURSE OVERVIEW

Technopreneur needs to be a whole-brain professional who has four types of thinking skills:

Holistic thinking

For effective planning through integration of ideas, processes, technologies, and risk responses.

Systems thinking

For effective execution through converting strategies into portfolio of programmes and projects for successful implementation and control.

Critical  thinking

For effective decision-making through innovation of ideas, processes, product / marketing mix.

Lateral  thinking

As the foundation for holistic, systems, and critical thinking, for effective empathy analysis from six different perspectives to improve continuously coping with inevitable changes in the VUCA business environment.

Technopreneurs are whole-brain managers who optimise the right brain (holistic) and left brain (analytical). The outcome is to enrich four types of human capital:

Intellectual capital

For relearning and gaining new and improved knowledge to stay competitive for effective management of systems and processes, to gain advantage in cost, quality, speed, delivery promise, and flexibility.

Social
capital

For redefining and reinventing more effective and cost-efficient ways to communicate, connect, network, foster relationships, and build rapport to grow more businesses across national borders. VUCA leadership that works in leading diversity of cross-cultural projects across borders.

Adversity capital

To stay relevant and resilient to endless recurring competition it is essential to have the stamina to overcome the challenges and risks due to globalization, technology and the changing stakeholders’ expectations. A stakeholder is anyone who has the influence on the success or failure of an organizational endeavour.

Emotional capital

 

For adaptiveness, impartial and openness to change, and to manage multi-cultural relationships among all stakeholders, including from regional, international, and global business arenas. The future competences to win are:

  • Management competence for integration
  • Leadership competence for implementation
  • Technopreneurship competence for innovation

Training Grants

Funding support for training courses. Terms and conditions apply.

Training Assistance Scheme:
SBL & SBL Khas Scheme | Malaysia

The SBL & SBL Khas programme provided by HDRF, Malaysia supports the course and exam fees, capped at RM1,300 per day for Company-sponsored trainees from HRDF Registered Employers. Prior approvals must be obtained from HRDF.

The CITREP+ Funding | Singapore

The trainee or the organization can claim up to 70% of the payable examination fees (up to a maximum of S$500 per trainee).


Train with EPM and you are in good company

OUR TRAINERS

Dr Chan is a registered Expert Singapore Management Consultant with TUV- SUD, a Stanford Certified Project Manager, a Chartered Engineer with the Council of Engineers Institution (UK), and a PMP. He has over 100 published articles, six contemporary management books, and key note speaker at major conferences related to Wholistic Learning apply to bachelors, masters and doctorate management courses. To-date he has trained over 10,000 managers over 30 years.

THE COURSE MATERIAL

The course is based on the 20 years of action learning research conducted by Practice Professor, Dr KC Chan captured in the book, “Design Thinking for Management, Leadership, and Technopreneurship” to prepare us how to ride the wave of globalization in the VUCA (Volatile, Uncertain, Complex, Ambiguous) economy in the era of AI in Industry 4.0.

THE TRAINING WORKSHOP

Our workshops are conducted in a group environment where participants are encouraged to participate in individual and team activities to promote learning, build team morale and reinforce understanding of concepts.