Tag Archives: mba

How top MBA students should choose between Operations vs Finance.

Business school students have to decide their course of study from day-1 … and the choice makes all the difference. The first decision almost always comes down to: operations vs finance:

  • The allure of finance is working with money to buy and sell companies. Success is when a small stake in a large transaction generates a healthy payday in a short time.
  • The attraction of operations is working with people to build and run something of value that is eventually realized through a sale, financing, or public offering.

Finance looks like the fast track to great wealth and has attracted top MBA students students for decades.  Operations looks like a long, hard road with a massive payday only for the few with enough dedication, talent, time, and luck to pull off a successful start-up from scratch.

While the economy needs both financiers and operators, the promise of quick and large returns has left the world short of the talent it needs to drive growth and scale of quality organizations.

Continue reading How top MBA students should choose between Operations vs Finance.

Alternatives to a COO.

Responsibilities shouldered by the Chief Executive Officer (a.k.a.: CEO, Managing Partner, Managing Director, or Executive Director) of a successful venture increase with growth in scale and complexity. The tension between the need to get things done, get others to do things, bridge the “white space” between organization units, and to represent the organization externally (e.g. to customers, investors, partners, suppliers, etc.) eventually reaches a breaking point.

Most, especially first time CEOs, get the idea to install a Chief Operating Officer (COO) as it seems an obvious way to spread the workload and ease the burden.

Continue reading Alternatives to a COO.