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GENE1500: Creative Entrepreneurship Individual Project A: Validating a Problem Space Written report (1400 words) Identify and analyse a meaningful unsolved problem in the world for an identified market segment
GENE1500: Creative Entrepreneurship Individual Project A: Validating a Problem Space
Written report (1400 words)
Identify and analyse a meaningful unsolved problem in the world for an identified market segment. Use customer discovery methodology to present evidence that validates (or invalidates) your identified problem space. Critically reflect on this process.
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RATING |
Poor (F) (0 – 40%) |
Satisfactor y (50%-60%) |
Good (C) (65% - 70%) |
Very Good (75% - 80%) |
Outstanding (85% +) |
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Problem finding 40% |
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Ability to identify a meaningful problem and to critically evaluate its potential significance. Insightful critical analysis of this problem – bring evidence and arguments to support your analysis (20) |
Submission has identified a superficial problem and no evidence of potential significance.
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Submission has identified a problem and offers modest researched evaluations. |
Submission has identified a significant and meaningful problem and offers varying quality of researched evaluations. |
Submission has identified a significant and meaningful problem and offers insightful, wellresearched evaluations. |
Submission has identified a significant and meaningful problem and offers insightful, well-researched evaluations including an additional layer insights from interviews/surve ys. |
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Clear articulation of the problem statement (10) |
Submission does not include a problem statement. |
Submission does not include a clear problem statement. |
Submission includes a clear problem statement. |
Submission includes a well-defined and articulated problem statement. |
Submission includes a welldefined and articulated problem statement which is also presented in the HMW format. |
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Identification of the customer segment and evidence of personas (10) |
Submission does not identify the customer segment and does not include a persona |
Submission provides a vague customer segment and superficial persona. |
Submission includes a clear customer segment and includes a clear persona. |
Submission includes a well-defined customer segment and includes carefully crafted personas. |
Submission includes a welldefined customer segment and includes carefully crafted personas and visual representations. |
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Research effort 20% |
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Use of evidence/support to justify arguments. Evidence of creative research approach and range of information |
Social research and/or secondary research are not undertaken |
Social research and/or secondary research are undertaken but without |
Social research and secondary research are undertaken with careful, |
Social research and secondary research are undertaken with careful, |
Social research and secondary research are undertaken with careful, critical evaluation |
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sources to validate the problem statement and identification of the potential market size (20) |
or are undertaken superficially for evaluation of the problem space. The submission has not provided evidence of TAM/SAM/S OM |
careful, critical evaluation of the problem space and vaguely identifies the TAM/SAM/SO M. |
critical evaluation of the problem space and clearly identifies the TAM/SAM/SO M.
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critical evaluation of the problem space and clearly identifies the TAM/SAM/SO M. Submission also includes a hypothesis. |
of the problem space and clearly identifies the TAM/SAM/SOM. Submission also includes creative and innovative approaches to validate or invalidate hypothesis. |
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Professionalism in quality of communication 20% |
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Organisation of information and structure/visual communication/ diagrams/illustration/s tyle (20) |
Submission is disorganised, un-proofed and/or uses default templates. |
Submission has a clear structure and proofed expression. |
Submission evidences care in how it is organised and includes at least one multi-modal components such as illustrations and diagrams. |
Submission evidences care in how it is organised and includes at least two multi-modal components such as illustrations and diagrams. |
Submission evidences care in how it is organised and includes more than three multimodal components such as illustrations, infographics and diagrams.
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Critical self-reflection 20% |
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Evidence of critical reflection on the process (20) |
Submission does not include selfreflection. |
Submission contains a layer of reflection on the problem space.
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Submission contains a layer of superficial critical self-reflection.
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Submission contains a layer of rich, critical self-reflection. |
Submission contains a layer of rich, critical self-reflection. The submission also can function as an instruction to others in exploration of the problem space.
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The following structure is a suggested format only, as aspiring entrepreneurs you are empowered to develop your own structure.
- Problem space (Intro to problem and why it matters, a brief version of 5ws)
- Problem statement (Articulate your problem statement in max 2 sentences) what exactly are you going to tackle
- Persona (who suffers this problem, who are you going to be creating a solution for, tell a story)
- How big is the problem/opportunity
What the world looks like without the problems (the new bliss)
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