Entrepreneurial Diary – Week 2 – Opportunity Theory in Practice
Entrepreneurial theory in practice: Opprtunity Theory. How do you identify new entrepreneurial opportunities? Lumpkin. Groupthink.
Entrepreneurial Diary – Week 1 – Creativity and Opportunity Theory
Academic theory behind setting up a new venute 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? 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
The theory behind stakeholder management. Who are stakeholders? What’s 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 assessment of the macro-environment and PESTLE. Porter’s 5 Forces: Competition, Consumers, Suppliers, New Entrants, Potential substitute products. PESTLE: Political, Economic, Social, Technological, Legal and Environmental
Motivation
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
