For many “born-on-the-Internet” companies, slow growth isn’t an option. These are companies that started on the Web with a global marketplace in mind, and many are finding that it’s either scale or be irrelevant. They work hard to achieve market leadership, to realize economies of scale and economies of scope, and to be recognized as the brand leader. A few examples of these ventures include Dropbox, Evernote, Fab, Etsy,GrouponGRPN +4.15%, LinkedInLNKD +0.84%, Pinterest, Stripe and Square.
These types of businesses often start fast and never let up, which stresses a startup financially and can leave its owners emotionally drained. To maintain advantage, they need to have the proper building blocks in place in order to go full speed ahead with the best chances for success.
A lot of discussion in the media recently has focused on whether or not entrepreneurs should spend valuable time and money pursuing an MBA degree versus gaining experience on the front lines of a startup. Some commentators such as Vivek Wadhwa even insist that an MBA subtracts from a candidate’s value. Read More »
In the world’s poorest regions, there is no single path to development. Government agencies, non-governmental organizations, and private enterprises all have roles to play. Bureh engages with Sierra Leone’s private sector to promote, at a grass roots level, private enterprise and the entrepreneurs who will make this happen, all while being a socially responsible, for-profit company itself. Read More »
An MBA on Becoming Relevant to an Industry “That’s Doing Fine Without You”
‘Tis the season for MBA students to begin looking for summer internships, and students at the MIT Sloan School of Management are no exception. In fact, just last week they took their annual “tech trek” to Silicon Valley to shake hands, flash smiles, and otherwise engage with executives at companies like Facebook, Intel, and eBay.
Launched in 2009, the MSMS Program offers top MBA or master’s degree students from non-U.S. business schools an opportunity to enhance their expertise in specific management concentrations. Students can customize their curriculum by enrolling in MIT Sloan elective classes or electives in other MIT departments. They also can register for electives at Harvard University.