MBA- New Venture Challenge. Entrepreneurial Project week 2 - selecting a new venture concept and entrepreneurial theory in practice. Entrepreneurial theory, Opportunity Theory. How do you identify new entrepreneurial opportunities? Lumpkin. Groupthink. Learning how to be an Entrepreneur
Category: MBA studies
Masters of Business Administration / MBA studies. Discussions on theory and applicaiton.
Entrepreneurial Diary – Week 1 – Creativity and Opportunity Theory
Becoming an entrepreneur - week 1 Academic theory behind setting up a new venture business and applying entrepreneurial theory in practice. Creativity and Opportunity Theory, Porter's Four Forces of Entrepreneurial Opportunity
Full-time job and part-time MBA? You must be mad…
Tired of hearing the phrase 'lack of management experience'? Thinking of studying an MBA? Wondering: should I study for an MBA? What's it like to work and study for an MBA? What's it like to study for an MBA part-time while working full-time? What impact does it have on your social life and work? How do you become an MBA Jedi? Eat.Sleep.Study.Repeat
Stakeholder theory
Stakeholder management theory. Who are stakeholders? What is the difference between stakeholders and shareholders for businesses and organisations? All organisations need to be concerned about stakeholder relationships, whether private businesses, public sector organisations or third sector charities, stakeholder theory unites all. Milton Friedman, Edward Freeman, Starik, Drucker
Understanding the industry environment
Assessing the strategic industrial environment through Porter's Five Forces. Assessing the attractiveness of markets, industries and the macro-environment Porter's 5 Forces: Competition, Consumers, Suppliers, New Entrants, Potential substitute products. PESTLE: Political, Economic, Social, Technological, Legal and Environmental
Motivating staff – Motivational Theory
How do we motivate staff? What is the best way to motivate employees? Theory behind motivation to and how to create a the environment and conditions to motivate teams and staff to deliver their best. Maslow's Heirarchy of Needs, Aldelfer's ERG Needs, Herzberg's Dual Factor Theory. Hygiene factors vs motivational factors
