Some notes on last Oct 1 2012 session

The following are some important notes I made on last session last Monday:

l.  On MVP's withdrawal of support from Ateneo.  There were very few attendees yet at the time this was discussed and Ms. Lei Pichay was grilled on this.  The idea being emphasized was that MVP could not buy principles.  Businessmen and the clergy have their role to perform in the society;  therefore they are poles apart.   Businessmen are driven by expediency and efficiency.  The clergy is driven by what is right, entrepreneurship, what is good for all. The Jesuits, under Fr. Magadia did not say anything new at all.  He was not arguing with MVP.

2.  On SR.  The social entrepreneurship and CSV were particularly interesting special reports.  Elena must have done a great deal of effort and time to understand the CSV.  CSV is capitalism reinvented.

On Social entrepreneurship  -  the profit motive is used to sustain the social enterprise.  There is less of cash burn.

3.  Case analysis.  This is on Mico, which is about input-throughput- output.   This is an elaboration of  the PDQ group creative activity.  However, the driving force that dictates the ITO stream is the primary target market.  Different folks (PTM) different strokes (ITO).  The fun part of the case analysis is the drawing of the profile of the PTM:   how does she look like, is she old or young?  Is she fat or thin?  Marty and Lloyd did the honors of drawing the PTM.

Marty said that what he drew are the mother and daughter from school going to MICO shop.

It is emphasized that the long form of the enterprise delivery system as well as the dashboard should be incorporated in the business plan.

4.  Business plan -  The professor again drew on the board the parts of the business plan and emphasized the deficiency of the past classes on business plan parts.  He reminded the students to regularly submit parts of the business plan and/or submit a group business plan on the PDQ they worked on.

5.  Other requirements -The rest of the class who have not submitted their NU 12, inspirational video, factors paper, pictures for their class cards, learning agreement to do so at the earliest possible time.  Cramming at the last hour usually results in the students not being able to submit anything at all.

Revisiting the syllabus is advised.