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Strategic Insights for Business and Finance

Guides

A Guide to Project Risk Management

As I reflect on my years of teaching MBA students, I’m reminded of a common myth that frustrates me: that a guide to project risk management is only about mitigating potential threats. The truth is, it’s about embracing uncertainty and…

An Explainer: What Is Scope Creep and How to Avoid It

As I reflect on my years of teaching business strategy to MBA students, I’m reminded of the common pitfalls that can derail even the best-laid plans. One of the most insidious threats is scope creep, a phenomenon that can quietly…

A Guide on How to Use a Gantt Chart for Project Planning

As I stand in front of my MBA class, I often hear the misconception that using a Gantt chart for project planning is a tedious, outdated task. But I’m here to tell you that’s a myth. In reality, learning how…

A Guide to Agile Vs. Waterfall Methodologies

As a seasoned professor of business strategy, I’ve seen countless students and professionals grapple with the age-old debate: a guide to agile vs waterfall methodologies. It’s a choice that can make or break a project, and yet, many of us…

7 Common Mistakes to Avoid in Your Business Plan

As I reflect on my years of teaching business strategy to MBA students, I’m reminded of a counter-intuitive truth: having a business plan is not a guarantee of success, but rather a necessary foundation for making informed decisions. In fact,…

A Guide to the One-page Business Plan

As a business professor, I’ve seen my fair share of overly complicated business plans that leave entrepreneurs and investors alike scratching their heads. The truth is, you don’t need a 50-page document to get your business off the ground. In…

A Guide on How to Create Financial Projections for a Business Plan

As a professor of business strategy, I’ve seen many students struggle with how to create financial projections for a business plan. The common myth is that financial projections are about predicting the future with certainty, but the truth is, it’s…

A Guide on Writing an Executive Summary for Your Business Plan

As I stand in front of my MBA class, I often see a mix of confusion and frustration when we discuss a guide to writing an executive summary. The common myth that an executive summary is just a brief overview…

A Guide to Marketing Fundamentals for Business Leaders

As I reflect on my years of teaching MBA students, I’m reminded of a common misconception about a guide to marketing fundamentals: that it’s a one-size-fits-all solution. The truth is, effective marketing requires a deep understanding of your unique business…

A Guide on How to Value a Company: the Fundamentals

I still remember the first time I stood in front of my MBA class, writing “how to value a company” on the blackboard. The students looked at me with a mix of excitement and trepidation, knowing that this was a…