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Rita McGrath

Author. Speaker. Consultant.

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Business Start Ups / Entrepreneurship

August 13, 2010

Sagantia Innovation Boot Camp - Kick Starting Innovation

Sagantia is a UK based technology and product development company that I've been studying as part of the research for a new project.  Among the many interesting things they do is run an innovation boot… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy, Innovation, Profitable Organic Growth

July 31, 2010

Brilliant reflections on skunkworks

Ah, skunkworks.  Those small, agile units beloved of large organizations looking for the Next New Idea.  I've written about them in the past – and outlined some of the pitfalls of setting them up and… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Innovation, Strategy Execution

July 21, 2010

Top Ten Reasons Not to go Public

A reporter recently asked me about the downsides of a firm going public – why might it not be the best course of action for them?  Here are my "top ten":   It is a… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy

November 28, 2009

Pricing advice for new entrepreneurs

Make sure you’re getting enough margin to account for your time – Advice I suggested on this blog aimed at helping people earn a little more pocket change by starting their own business. 

Filed Under: Business Start Ups / Entrepreneurship

October 24, 2009

How decisions made under uncertainty can cast a long shadow – Internet Pricing

The reality of having to make decisions under uncertainty is that quite often, you'll get things wrong. Unfortunately, sometimes those wrong things have very long and path-dependent consequences. I'm thinking in particular of two decisions… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy, Innovation

October 24, 2009

How decisions made under uncertainty can cast a long shadow - Internet Pricing

The reality of having to make decisions under uncertainty is that quite often, you'll get things wrong. Unfortunately, sometimes those wrong things have very long and path-dependent consequences. I'm thinking in particular of two decisions… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy, Innovation

July 22, 2009

Taxes, the structure of incentives, and why I’m worried about the plan for health reform funding

When I was a Ph.D. student studying entrepreneurship, one of the most influential articles I read was by economist William J. Baumol.  Entitled “Entrepreneurship: Productive, Unproductive and Destructive”, it basically suggested that a nation gets… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Innovation

July 19, 2009

Guerrilla strategies - 2009 version

Many fans of our work together have heard my colleague Ian MacMillan talk about an entrepreneurial business he was involved with in his younger years as a perfect example of a ‘guerrilla’ strategy.  Guerrilla strategies… Read more »

Filed Under: Business Start Ups / Entrepreneurship

June 17, 2008

Entrepreneurial wanna-be’s:  More resources

I wrote not too long ago about the resources available to aspiring entrepreneurs, including SCORE, the SBDC’s of most major universities and other entities dedicated to helping people start and grow successful businesses. Kelly Spors,… Read more »

Filed Under: Business Start Ups / Entrepreneurship

February 6, 2008

Discovery Driven Planning makes the intuitions of entrepreneurs explicit

Browsing through this month’s edition of Inc. magazine, I came across a column by Norm Brodsky on the advice he gave to a young entrepreneur.  The guy’s business concept was interesting.  He imports dirt from… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Discovery Driven Planning

January 30, 2008

The Despair of Entrepreneurship Professors are perennially popular but doomed business ideas

One of the most dreaded aspects of being an entrepreneurship professor are the hundreds of times that students will come up with the same – bad – business concept when tasked with building businesses of… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Discovery Driven Planning

December 20, 2007

Business Development Resources for New Entrepreneurs

As a sometime professor of entrepreneurship, I'm frequently approached by would-be entrepreneurs for help in fleshing out their business plans. While I enjoy doing this, it could very easily become a full-time job! I've therefore… Read more »

Filed Under: Business School, Business Start Ups / Entrepreneurship

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