EntrepreneurialMindset:RecommendedReadinginWSJArticle

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In an article entitled Recommended Reading: Managing IT for Nontechies, Therese Flaherty, professor at the Wharton School of the University of Pennsylvania and director of the Wharton Small Business Development Center in Philadelphia, recommends Entrepreneural Mindset by Professors Rita McGrath and Ian MacMillan. "Technology changes so fast, and business competition moves fast. [The authors'] 'discovery-driven planning' is a simple and powerful tool for prioritizing and planning the early stages of business improvement and for testing business ideas. It applies well to managing IT." Read the entire WSJ article here.



  • Posted: Monday, November 26, 2007

RitaMcGrathquotedinBusinessReview,November2007

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In a Business Review article entitled The Training Chain, Rita McGrath is cited: It might be tempting to shun the cost and uncertainty of outsourcing your training and go completely in-house, McGrath says, but unless you're willing to do everything yourself, it might not be worth it. "The difficulty you have with an in-house system is that unless you're a very large company, it will be tough to keep the faculty busy,..."Off the shelf" implies a supermarket, and there are a wide variety of options for a company to choose from for outsourcing training. Just like grocery shopping, McGrath says, companies should always be careful to read labels before making a selection. "You want to look at the qualities of the people doing the training," she says, adding that qualified trainers are usually certified coaches. When asked which aspect of training is best handled in-house, McGrath says specialized training that's specific to a company and its culture, along with leadership development, are two categories. "What many really good companies do is they have their own executives doing the [leadership] training."

To read the entire article and more input from Rita McGrath, click here.

  • Posted: Wednesday, November 14, 2007

CanEntrepreneurshipbeTaught?

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Rita McGrath was interviewed for the Career Press 2007 book Entrepreneurial Excellence: Profit From the Best Ideas of the Experts by its author Richard Goossen, Canadian professor and entrepreneur. Goossen is quoted at Business Week, "My motivation was to talk to the top researchers and instructors in the world who teach something that a lot of people think can't be taught..."

  • Posted: Tuesday, October 30, 2007

TenTelltaleSignsofaFlawedVenturingProcess

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Rita McGrath and Thomas Keil, professor of strategic management at Helsinki University of Technology, recently published The Value Captor's Process: Getting the Most out of Your New Business Ventures at the Harvard Business Review.

  • Posted: Tuesday, October 30, 2007

RitaMcGrathquotedinAdvertisingAge

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In a recent issue of Advertising Age entitled What to Do When Personal Style Impedes Success, Rita McGrath is quoted: "People who are successful get feedback from everyone, even from taxi drivers," said Rita Gunther McGrath, an associate professor at Columbia Business School. "You should have multiple ways to stay informed about how you're doing."

  • Posted: Monday, October 29, 2007
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