No event in modern history has driven so much change, so fast, as the coronavirus pandemic. In a world beset by the challenges presented by COVID-19, can we look into the minds of entrepreneurs to discover how businesses and individuals might start to rebuild?
While the future has always been unpredictable, the global uncertainty caused by the novel coronavirus is at a record high. To help us steer through this unprecedented crisis, Professor Saras Sarasvathy shares insights on entrepreneurial decision-making and offers four strategies seasoned founders use to turn uncertainty into opportunity.
Raising venture capital isn’t for the faint of heart, but the challenges are magnified for female founders. Professors Saras Sarasvathy and Elena Loutskina share insights on barriers women face to raising risk capital and how to overcome them.
The “pivot” has become part of startup lexicon. But pivot-thinking may not work for all companies, and substantially changing an organization’s strategy can be difficult and expensive for entrepreneurs. Darden experts weigh in.
How do successful entrepreneurs think? Darden Professor Saras Sarasvathy discusses her study of “effectuation” and the unique logic expert entrepreneurs employ to create the future, rather than simply predict it.
Effectuation is the logic of thinking used by expert entrepreneurs to build successful ventures. Darden Professor Saras Sarasvathy discovered the method through scientific research and has built a global movement of experts expanding research on and examining applications of the five principles of effectual action.
To learn the reality of building a business, an entrepreneurship boot camp in Bangalore puts into practice Saras Sarasvathy’s principles of effectuation.
Dr. Shahid Qureshi is determined to make the world a better place through effectuation, the set of principles for entrepreneurial decision-making developed by Darden’s Professor Saras Sarasvathy, based on a rigorous study of expert entrepreneurs.
When potential stakeholders don’t fit into categories such as an investor or a supplier, novice entrepreneurs often don’t approach them. Effectual asks, however, allow people to become involved with startups in many different ways.