How My Clients Can Bypass The MBA

Operations (whether manufacturing, service-oriented, etc.) is one of the most underrated subjects (I have at least two others) in MBA programs. Part of it has to do with that some aspects of operations use mathematics concepts like Little’s Law, statistical significance, queuing theory, etc.

But sometimes lack of enthusiasm for taking operations coursework has to do with how it is presold to students as opposed to how students feel after taking the course. Students generally love the lessons learned from MIT’s Beer Game. It is lesson that you can apparently now try online here.

For those more inclined to read about operations, bypass the mathematics, learn some of the main lessons, yet digest information in a popular, novel-style reading form, I highly recommend the book The Goal by Eliyahu M. Goldratt.  The book does not need any endorsements as it has sold millions of copies. I characterize it as a "bridge book on business". It makes complex information accessible to the more general public and business readers. The potential for books on corporate blogging excite me in the same way (although grounding in solid business theory may not be as difficult for the blogging subject as it is for operations).

Steve Shu
Managing Director, S4 Management Group

Ed Sim Post On When To Say “No”

Ed Sim has a good post on knowing when to walk away from a deal. In his post he writes, "Having done enough deals, I am of the opinion that if it is extremely
one-sided and never makes economic sense, it is a recipe for disaster.
" What I also like is the tone of his writeup. Many of Ed’s posts are from the perspective of being involved and actively processing what’s going on in his venture portfolio companies.

Jeff Nolan Post on Business Development

Excellent post by Jeff Nolan on business development functions. More of a unique post in the blogosphere because the business development function is defined fuzzily (word?) across the industry as a whole in my mind. I agree with Jeff in the sense that this position is often troubled in tech start-ups. I would go further to say it is a position that is often troubled in many tech firms in general.