Five bite-sized lessons from my Stanford MBA

During my MBA I have compiled a collection of small (one or two liner) business lessons. Most have been derived from class readings, quotes from speakers or my own perspectives. While my compilation is well over 100, this week I shall share five of them:

stanford-university-logo

  1. TEAMS: When people start agreeing, get worried. Consensus is seen in a more positive light than should be warranted. Conflict is essential. Ideas, hypothesis, theories need to be challenged before they proceed.
  2. TEAMS: While diversity can led to more ideas on the table, its key power is being able to test and shake the ‘perfect’ idea/s that seem so obvious to the majority.
  3. INNOVATION: A well characterized need is the DNA of a great innovation.
  4. MARKETING: The only facts are from your customers.
  5. LEADERSHIP: Your job as a manager is to help make others successful.
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