Lessons from Corporate Strategy and Entrepreneurship

Have to say I'm thoroughly enjoying all of the content of the course, and, quite frankly, its been inspiring in ways.

I have a B.B.A. in information systems so this has been a nice refresher on corporate strategy and management theory/practice. However, the UGA MIT version has a different angle that introduces several ideas that we never discussed on the undergraduate level. Nevertheless, I've always been fascinated to study these topics, and then apply them to the real world by seeing how different corporations implement them well or butcher them.

The entrepreneurship presentation last week by Chris Hanks from the Terry College was inspiring and hilarious! Over the weekend my mind has been racing on different venture ideas. As a former entrepreneur, I've experienced the good and bad of running a business, but I certainly haven't considered it lately. Its good to learn about organizations at UGA, which can support these ventures. I have no doubt that I will tap into these resources at some point in the near future.

The most critical thing for me over the past week is how the course content is reinforcing the importance of having a sound business strategy that fleshes out the internal issues of a venture (business model canvas) as well as the many external challenges (SWOT, 5 Forces, PEST, etc).


Adios,

Davis