1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations?
The value of strategic planning stood out most of all for me. The fact that over 80% of the firms involved in the study did well above the industry average proves how valuable strategic planning is in any business.
2) Identify at least one part of the reading that was confusing to you.
I feel that moving from entrepreneurial to managerial should really be transitioning from entrepreneurial to Chief Executive Officer. I feel they need to keep focus on what is coming up, the entrepreneur should have managers to take care of daily managerial duties.
3) If you were able to ask two questions to the author, what would you ask? Why?
How can a business expect to keep a constant growth if a business is limited to innovation?
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How? I don't feel I have enough knowledge in this area to be able the determine the accuracy of the author.
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