Friday, April 1, 2016

Week 12 Reading Reflection

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 
It surprised me when reading about how a lot of entrepreneurs and business firms do not have the necessary skills, knowledge, or time to form strategic plans. I would think that this would be just as important as being innovative. In the study they talked about it said that 101 firms had no written plan, and it had a direct effect on their business performance.
2) Identify at least one part of the reading that was confusing to you.
I was confused about the chart that talked about the strategic approaches categorized as position, leverage, and opportunities. It was not very clear about how the three relate to each other.
3) If you were able to ask two questions to the author, what would you ask? Why?
How can an entrepreneur be successful if he/she does not know how to strategically plan their business concepts and business ventures? It seems like a very important part of being an entrepreneur.
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
I think the author did a good job of laying out all of the items concerning entrepreneurial growth. Thought I was confused about a few things, overall everything the author said made sense and was knowledgable.

No comments:

Post a Comment