Today we began the day with a fun fiducial where we first call all the even numbers from lowest to highest, and then the odd numbers from highest to lowest. Interestingly enough, we did much better on this more challenging fiducial compared to the usual ones. It was a good exercise nonetheless.
Then we watched a TED talk about defining leadership, which was really inspiring as the speaker defined leadership as not the extraordinary acts that change the world drastically, but as the small moments in life where someone did something small that really changed another’s life. The speaker reminded us that it is the small things that change the individual worlds of the 7 billion people added together that create a great change, as there is really no one world where we all live in.
The first lecture for the day was how to create a Lean Canvas hosted by Peter. The lean canvas is a one page business plan that describes how an organization creates, delivers, and captures value. From the presentation, we learned that the lean canvas comprises of several components related to the product itself as well as the market, ranging from problems for which the company is attempting to solve to characteristics of the product to properties that make the firm more competitive. This information is very helpful to us as it provides us a model to introduce our own “start-up companies”, which are our waste reduction companies, and plan what we need for our company to function properly in a more organized fashion. The lean business canvas could also serve as a great tool for selecting the exact problem to tackle as a comparison of the lean canvas for each three questions statements will easily show which one is the strongest. The lecture was concluded with some further advice from Peter about how to brainstorm and approach our Design and Engineering Challenge.
Afterwards, we were introduced to 4 SHAD Alumni who came to present to us about their experience in and after SHAD and to give us some advice about what we should do during SHAD. It was a very rewarding experience as our sight was opened to the endless possibilities for which our SHAD experiences can apply and to the great change SHAD can bring to one’s life. After the presentations, we then had a rather lengthy questions and answers period with the 4 Alumni where we learned a lot about how the SHAD experience can be applied to real life.
The morning concluded with a delicious barbecue lunch with the 4 Alumni, as well as other Alumni who joined in the process.
In the afternoon, we separated into groups and attended the workshops we signed up for. There were 7 workshops: plant palooza, business & entrepreneurship, 3D printing, trip planning, behaviour economics, artificial intelligence, and improvisation. It was a fun 2.5 hours and everyone were excited to share the experiences we learned.
Finally, after supper, we were given an informative lecture on building a lean business canvas before splitting off once more to work on our SHAD projects and participate in committee planning. The lecture provided us a run-down of the components of the lean business canvas, and we will be using this information to further investigate our project questions, which will help us make a more informed judgement as to which question statement out of the three each group have chosen is the best.