Managing the Established/Emerging Enterprise (MGMT 6110 or 6120)

Wharton MBA Curriculum · 4:04

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Lyrics

[Verse 1]
When you're building something new from the ground
Lean startup is the way that you're bound
Build and measure, learn and pivot around
Till your minimum viable product is found
Business canvas maps your model so clear
Nine boxes show what customers will hear

[Chorus]
Enterprise management, two different roads
Established or emerging, each has its codes
Structure and strategy, people and change
Finance and scaling through every stage
VRIN criteria, Five Forces too
Management knowledge will see you through

[Verse 2]
Established giants need structure that's right
Functional, divisional, matrix in sight
Centralize or spread the power around
Span of control keeps feet on the ground
Porter's forces shape your industry game
Cost leadership or differentiation's your aim

[Chorus]
Enterprise management, two different roads
Established or emerging, each has its codes
Structure and strategy, people and change
Finance and scaling through every stage
VRIN criteria, Five Forces too
Management knowledge will see you through

[Bridge]
Kotter's eight steps for change that will last
Sensing, seizing, transforming so fast
Angel to seed to Series A climb
Liquidation preference, board seats in time
Exploitation, exploration in balance
Dynamic capabilities show your talents

[Verse 3]
Startups face the valley of death so deep
Between product fit and profits you keep
Bootstrapping, angels, VCs in line
Term sheets and valuations help you define
Founder-led to professional shift
Culture and hiring give you the lift

[Chorus]
Enterprise management, two different roads
Established or emerging, each has its codes
Structure and strategy, people and change
Finance and scaling through every stage
VRIN criteria, Five Forces too
Management knowledge will see you through

[Outro]
Value chain analysis shows where you win
Resource-based view builds strength from within
Whether you're managing what's established and grown
Or emerging ventures you call your own
The principles guide you through every phase
MBA knowledge lights up your ways

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