Dispatches from the Frontier
Musings on Entrepreneurship and Innovation
Wednesday, March 17, 2004
Recommended Reading: The Future of Work
Plan B (and C and D and...)
Consistent with the theme of entrepreneurial learning, adaptation, and execution is a piece in the March 2004 edition of Inc. titled Plan B (and C and D and...). An entrepreneur who has lead the growth of his business to beyond $20 million in revenue, along with his team, revisits the company's plan on a monthly basis, and adapts the plan to market realities.
Performance More Important than Managerial Endowments
Musings on Entrepreneurship and Innovation
Wednesday, March 17, 2004Recommended Reading: The Future of Work
Thomas Malone, a professor at MIT's Sloan School, offers provocative thoughts about ways to implement the beneficial decentralization enabled by communications technologies and driven by individual values.
9:55:52 PM 
Plan B (and C and D and...)
Consistent with the theme of entrepreneurial learning, adaptation, and execution is a piece in the March 2004 edition of Inc. titled Plan B (and C and D and...). An entrepreneur who has lead the growth of his business to beyond $20 million in revenue, along with his team, revisits the company's plan on a monthly basis, and adapts the plan to market realities.
3:48:40 PM
Performance More Important than Managerial Endowments
Bill Reichert, the president of Garage Technology Ventures, gave me some welcome critical feedback regarding my recent piece on the quality of management teams:
The most important factor, however, is performance. You don't really address this in your piece...It takes months of living with the team to get comfortable making an investment.
So, I've elaborated on learning, smarts, and performance; it's the results, not the input, that matters; and Venture Dynamics as a toolset to accelerate the managerial assessment process.
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3:16:47 PM