Reflection – Mind Mapping 

 Challenge 

 I lead my organizations business development team and my challenge is to improve the process of   identifying the risks during the diligence of a licensing or acquisition opportunity . The diligence activities   involve folks from various cross functional teams who provide their input on potential risks associated   with the opportunity . My goal is to streamline the diligence process so that a cross functional team is   able to review a larger number of opportunities without significantly increasing the burden on the teams   while continuing to identify all key risks . Working with a cross functional team including business   development team members we would like to identify and eliminate activities that lead to inefficiencies   in the process . 

 Selection 

 We had a lot of past data on diligence activities and in many instances their resulting inability to identify   the key risks accurately on many instances . Also , we could gather thoughts from some of the folks that   were involved in these diligence activities . Given the availability of significant data , we wanted to try the   mind mapping tool to identify the inefficiencies . 

 Application 

 For the mind mapping exercise , we invited stakeholders from various cross functional teams that are   involved in the diligence activities . We laid out details of the current diligence process and data from a   number of licensing / acquisition transactions on the walls of the conference room . The data included the   diligence activities associated with transactions that were considered successful and were able to   identify the key risks as well as ones that failed to identify the key risks . It also included thoughts from   diligence team members that were involved in the transactions and what they thought about the   transaction and diligence activity . 

 We reviewed the data individually and collected each of our learnings from the diligence activities   around why certain ones were successful and why certain ones failed on post - it notes . Folks also   indicated what they thought were pain points in the diligence process and how that impacted the   diligence results . Once we had all completed our individual thoughts we broke up into teams and   attempted to cluster the learnings into themes . 

 Insight and Approach 

 With the mind mapping tool the teams identified key themes which led to success of the diligence   activity . The teams were then tasked to come up with insights behind the themes and see if there were   connections . We discovered quite a few unanticipated results – some of the connections showed an   inverse dependency and working solely to improve one particular area could lead to a negative impact   on another . There was a need for fine balance between the areas and we needed to find an optimum   scenario . The insights and related interdependencies were incorporated in coming up with the design   criteria for an aspirational diligence process which identifies all the critical risks in most efficient manner   without becoming a burden on the cross functional teams . 

 Having been part of the mind mapping process to design the revised diligence process key stakeholders   felt ownership of the potential solutions . The tool helped me gain a wider perspective trying to design a 

 solution versus basing it only on my personal experiences with feedback from other stakeholders . I hope   to use the mind mapping tool in other scenarios where I need to solicit feedback and co - create   solutions . 


EMAIL: 
ID_NUM: 
NAME_STUDENT: 
PHONE_NUM: 
STREET_ADDRESS: 
URL_PERSONAL: 
USERNAME: 

### Task: You are a PII (Personal Identity Information) Detection. Given a essays written by students, you have to identify ONLY the following:
NAME_STUDENT - The full or partial name of a student that is not necessarily the author of the essay. This excludes instructors, authors, and other person names.
EMAIL - A student’s email address.
USERNAME - A student's username on any platform.
ID_NUM - A number or sequence of characters that could be used to identify a student, such as a student ID or a social security number.
PHONE_NUM - A phone number associated with a student.
URL_PERSONAL - A URL that might be used to identify a student.
STREET_ADDRESS - A full or partial street address that is associated with the student, such as their home address.
### Input: Reflection – Mind Mapping 

 Challenge 

 I lead my organizations business development team and my challenge is to improve the process of   identifying the risks during the diligence of a licensing or acquisition opportunity . The diligence activities   involve folks from various cross functional teams who provide their input on potential risks associated   with the opportunity . My goal is to streamline the diligence process so that a cross functional team is   able to review a larger number of opportunities without significantly increasing the burden on the teams   while continuing to identify all key risks . Working with a cross functional team including business   development team members we would like to identify and eliminate activities that lead to inefficiencies   in the process . 

 Selection 

 We had a lot of past data on diligence activities and in many instances their resulting inability to identify   the key risks accurately on many instances . Also , we could gather thoughts from some of the folks that   were involved in these diligence activities . Given the availability of significant data , we wanted to try the   mind mapping tool to identify the inefficiencies . 

 Application 

 For the mind mapping exercise , we invited stakeholders from various cross functional teams that are   involved in the diligence activities . We laid out details of the current diligence process and data from a   number of licensing / acquisition transactions on the walls of the conference room . The data included the   diligence activities associated with transactions that were considered successful and were able to   identify the key risks as well as ones that failed to identify the key risks . It also included thoughts from   diligence team members that were involved in the transactions and what they thought about the   transaction and diligence activity . 

 We reviewed the data individually and collected each of our learnings from the diligence activities   around why certain ones were successful and why certain ones failed on post - it notes . Folks also   indicated what they thought were pain points in the diligence process and how that impacted the   diligence results . Once we had all completed our individual thoughts we broke up into teams and   attempted to cluster the learnings into themes . 

 Insight and Approach 

 With the mind mapping tool the teams identified key themes which led to success of the diligence   activity . The teams were then tasked to come up with insights behind the themes and see if there were   connections . We discovered quite a few unanticipated results – some of the connections showed an   inverse dependency and working solely to improve one particular area could lead to a negative impact   on another . There was a need for fine balance between the areas and we needed to find an optimum   scenario . The insights and related interdependencies were incorporated in coming up with the design   criteria for an aspirational diligence process which identifies all the critical risks in most efficient manner   without becoming a burden on the cross functional teams . 

 Having been part of the mind mapping process to design the revised diligence process key stakeholders   felt ownership of the potential solutions . The tool helped me gain a wider perspective trying to design a 

 solution versus basing it only on my personal experiences with feedback from other stakeholders . I hope   to use the mind mapping tool in other scenarios where I need to solicit feedback and co - create   solutions .
### Output: 