Exercice Day 11 EN

Title: "Risk Management, Scalability, and Understanding Legal Aspects"

Objective:

To understand the key concepts of risk management, scalability, corporate law, and intellectual property protection. Students will engage in a scenario-based exercise to identify risks, plan for scalability, and address legal considerations.

Duration: 3 hours

Materials Needed:

Whiteboards/flipcharts and markers

Scenario sheets

Sticky notes

Timer

Procedure:

Introduction (30 minutes)

Begin with a brief overview of risk management, scalability, corporate law basics, and intellectual property protection. Provide some real-life examples that highlight the importance of each topic.

Part 1: Risk Management (45 minutes)

Divide the students into groups of 4-5. Provide each group with a scenario sheet detailing a hypothetical startup situation. Each group should identify potential risks in their scenario, propose mitigation strategies, and create a contingency plan.

Part 2: Scalability (45 minutes)

The groups should now discuss and identify key factors in their scenario that would affect the scalability of their hypothetical startup. They should then create a growth strategy considering these factors.

Part 3: Legal Aspects (60 minutes)

Discuss the basics of corporate law relevant to startups and the importance of intellectual property protection. Each group should then identify any potential legal issues in their scenario, including intellectual property considerations, and suggest how to address them.

Part 4: Presentation and Discussion (30 minutes)

Each group should present their risk management strategy, scalability plan, and legal considerations to the class. The other groups and the instructor should provide feedback and ask questions.

Outcomes:

Students will understand the concepts of risk management, scalability, and legal considerations in a startup context.

Students will learn how to identify potential risks and develop mitigation and contingency plans.

Students will understand the key factors for scalability and how to plan for growth.

Students will gain knowledge about basic corporate law and intellectual property protection and how to address these in their planning.

Students will enhance their presentation and critical thinking skills.

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