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Backroad Lessons for Executives, Entrepreneurs and Small Business Owners

Schaefer on HBR.org: “It Depends”

July 31, 2014 by Scott Schaefer Leave a Comment

IMG_3554-001Scott Schaefer’s blog post on Roadside MBA ran on the Harvard Business Review web site last week.  A small excerpt:

What happens when you put three business professors in a rental car and send them out to talk to owners and managers of small- and medium-sized businesses? Would they discover their MBA frameworks to be a bunch of academic mumbo-jumbo with no real applicability? What we found is that there’s no best path to business success. Managers successfully address seemingly similar problems in very different ways and, as our corollary suggests, the trick is to find which solution fits with the specifics of your business.

Oddly, HBR titled the piece “The Answer to Every Business Question Is It Depends,” which is a not quite right version of Mazzeo’s Law.  We think it’s only every strategic question… Close enough is ok at Harvard, it seems?

 

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