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Canada (492,503)
ENT 526 (84)
Sean Wise (51)
Lecture 5

ENT 526 Week 5

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Ryerson University
Entrepreneurship and Strategy
ENT 526
Sean Wise

Week 5  CAGR – put on slide deck o Reason to invest  Machiavelli o Branson – Virgin mobile  cannot move your number in Canada  Amazon vs bookstore o Book store has limited shelf space  Home Depot o Stacked empty boxed to make it look full  Why is Talent so key? o Knowledge based economy o Focus on brains not resources  Jack Welch o 6 or 9 theory o Fired the bottom 10% o Reallocate to top 20% o Each division needs to be number 1 or number 2 o Idea of thinning the ranks  Bottom up o Motivate employees o Cheaper (usually) o They know the business and culture  Top Down o Eliminate competition o Experience o Position/Personal Power o Don’t need traini
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