Effective
planning is essential to the growth and success of new ventures, which in
return provide innovation, employment, and sales to the economy. According to research,
strategic planning pays off.
1. The biggest surprise of the reading was “Confronting
the Growth Wall”. It is surprising to know that entrepreneurs face this, and
sometimes they see as too large to overcome. This affects the process of
handling challenges that growth brings about. Another section that came as a
surprise was the differences between Entrepreneurial and Managerial Focus.
2. A section that was confusing was the
Entrepreneurial Matrix Model.
3. Two questions I would ask the author
would be:
a.
How
close is the relationship between a manager and an entrepreneur?
b.
What
is the best transition of becoming an entrepreneur from being a manager?
4. There was nothing I disagree with author.
The
reading was educative. Understanding how strategic growth is essential to the success
of a new venture, and how different entrepreneurs take their success to a new
level and others fall short.
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