The global skills and competency framework for the digital world

#69 Digital Entrepreneurship change request deferred

This is a request to stretch the boundaries of SFIA to encompass the skill needed to identify a business opportunity using novel digital technologies, and then acquire and deploy the necessary resources required for its commercial exploitation.

Entrepreneurship is the process of designing, launching, and running a new business which is often initially a small business.

So this skill is related to innovation but a more encompassing skill focussed on developing a commercial entity.

The exploitation of entrepreneurial opportunities may include:

  • developing a business plan,hiring the human resources,acquiring financial and material resources,providing leadership,being responsible for both the venture's success or failure

Although often associated with small / micro business - many large organisations (private and public) actively support and encourage entrepreneurial ventures (e.g. digital garage at Aviva) often deliberately set up as a standalone venture from the parent organisaton,

There is also the consideration of project based entrepreneurship - creation of temporary organizations for purposes such as developing a commercial software product or service.

A reason not to consider this a separate skill would be that we can assemble all the components required from existing SFIA skills. This is worth exploring but I think the "sum" of entrepreneurship is "greater than its parts" and SFIA skills written using the terminology of mature enterprise organisations are not a great match to the nature of entrepreneurship.

It could be argued that this skill sits outside of SFIA's scope - that is cetainly true of previous versions of SFIA but SFIA7 provides the opportunity to re-evaluate the scope.

 

Current status of this request: deferred

What we decided

Add to roadmap for potential development.

See also change request #27.

Sunit Prakash
Dec 05, 2017 08:39 PM

I agree and would stretch it out to say SFIA probably needs to take into account all aspects of Digital Entrepreneurship & Innovation.

This includes the Lean Startup Methodology, use of the Lean Canvas, ideation, validation, creation of the MVP, business plan, going to market, gaining traction, scaling etc.

SFIA Updates Manager
Dec 08, 2017 12:02 PM

http://www.computerweekly.com/news/450431153/Large-UK-enterprises-urged-to-pay-more-attention-to-startups-and-digital-disruption