sien2210 lecture notes.docx

Agenda setting- smaller goals within the big mission Deliberate strategy- the part of intended strategy that still remains Causation Method- To be more competitive Downside of consulting companies-\ not responsible for consequences Bird-in-the-hand principle- Don\'t wait for the perfect opportun...

Agenda setting- smaller goals within the big mission Deliberate strategy- the part of intended strategy that still remains Causation Method- To be more competitive Downside of consulting companies-\ not responsible for consequences Bird-in-the-hand principle- Don\'t wait for the perfect opportunity\ but get started with the resources you have.\ Lemonade principle- "If life serves you lemons, make\ lemonade" -- meaning, make do with\ what comes your way.\ Crazy quilt principle- Focus on creating partnerships rather\ than beating the competition - reduce uncertainty by gradually getting more partners on board.\ Affordable loss principle- Only invest in what you are willing to lose, instead of thinking about \"expected returns\".