Improvement in critical thinking and analyses by Graduate Students

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines
December 18, 2016

I am writing this a reflection on my attendance for strama defense.

Peter Senge is right that the Fifth Discipline, shared learning and the rest of the disciplines:    Mental Models, Systemic Thinking, Shared Vision are important in strategy and successful management of enterprise or change.  Let us take mental models.

1. The use of macro data for EFE even for local business that have only local competitors-  It should be used for FMCG products and products and services that have national coverage.  The presentor for a hospital in an island that have local market in scope used only macro data as if she was in MM, like a big hospital in MM.  Some would advocate the use of B2C marketing strategy even if the business were B2B.   Use of mass and social media for a B2B company.

2.  Using irrelevant or hostile data or making wrong conclusions from the data presented.   Some would judge the the same stuff as both strength and weakness.  Say for instance, on the CFS, they would judge having more products as one of the factor for success in the business And somewhere in the paper, said that the company was progressive because of diverse products.  And the graphs and table shows indeed that the company was ahead of competitors in terms of products and services.  And yet in the internal analysis says that the company has fewer variants of the products.

3.  Failing to address the SWOT analysis.   Some students would say that the company is weak financially (low liquidity, high DE ratio, etc)   And yet after noting that, while the student would profess marketing strategy fail to address this issue. Why would you let a very weak company run a sprint or a marathon.  Are the weaknesses not to be addressed.?  We should beef our finance mentoring sirs?