Monthly Archives: May 2010

MBA-A-Day: Negotations

A popular story about negotiation goes as follows: two sisters both wanted the same crate of oranges. But as they talked about it, they realized that one of them just wanted the peels for use in a recipe, while the … Continue reading

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MBA-A-Day: Starting New Ventures

When you make dinner, you need a menu. When you start a business, you need a plan. A Business Plan. A Business Plan is a formal document that you use to describe your business: what you intend to do, how … Continue reading

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MBA-A-Day: Entrepreneurship

Entrepreneurship is business. It’s the whole enchilada. It’s finance and HR and marketing and R&D and sales and making coffee and answering phones and probably some amateur carpentry. It’s about making something out of nothing. It is, by far, the … Continue reading

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Back from Vacation

It’s official! I’m a newly-minted MBA! And what a wonderful graduation, and a great vacation! Highlights: plenty of Yuengling and Middleswarth chips in PA Mike walked in State College saw the site of Pickett’s Charge in Gettysburg drove by the … Continue reading

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MBA Breather

MBA-A-Day is going on vacation so I can relax and celebrate getting my actual MBA, as of Friday, May 14th. I’ll be back with the rest of the articles after a well-earned rest. Share this:FacebookLinkedInTwitterRedditDiggPrintRSS

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MBA-A-Day: Managing Career Growth

If “A = L + E” is the heart of accounting and “credibility” is the heart of leadership, then the heart of career growth is “networking.” Networking means you try to get to know people who know people. It’s not … Continue reading

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MBA-A-Day: Financial Statement Analysis

Financial statements are reports that publicly-traded companies are legally required to file by the Securities and Exchange Commission (SEC). In order to be traded on a stock exchange, companies need to reveal a surprising amount about their financial situation, to … Continue reading

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MBA-A-Day: Strategy

Keeping your business running from day-to-day is tactics, or execution. You’re making sure the donuts are made on time. But all the big, long-term decisions–what kind of donuts to sell, what hours you’re open, the number and location of your … Continue reading

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MBA-A-Day: Project Management

The single most important part of a project is a shared, detailed, clearly-understood and agreed-upon description of what it is that you’re trying to end up with. Most projects fail because of some minor detail, glossed over in the planning … Continue reading

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MBA-A-Day: IT Strategy

My favorite piece of technology: the wheel. What I mean is, “technology” does not have to be a computer or made of carbon fiber or have blinking lights and a manual in Korean. “Technology” is the application of a tool … Continue reading

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