Peterson’s Mistakes… Failure to understand the magnitude of the entrepreneurial challenge Tendency to smooth over/avoid conflict (desire to be liked) Failure to look up, initiate interaction with seniors – naïve about the potential role of networks, how to exercise influence without authority Little self-awareness – doesn’t learn from mistakes

Complexities of Management MYTH REALITY Basic Concept Authority Interdependency Source of power Formal authority “Everything but” Key players Subordinates Includes those outside your formal authority Key challenges Cope with complexity Cope with complexity AND change Key competencies Technical Technical, human, conceptual Desired outcomes Control, compliance Commitment Source: Hill, L. Becoming a Manager, HBS Press

In an entrepreneurial setting… These differences between myth and reality are amplified Oftentimes due to: Uncertainty/ambiguity re. future Lack of data/reliable information Urgency Scarcity of resources

Personal Learning Questions What myths do YOU carry with you re. leadership and management? Re. leadership in an entrepreneurial setting? Have you ever been in a situation like EP? Seen anyone who reminded you of EP? How / have you learned from these experiences/observations? What strengths can you draw upon to prevent such missteps? To bounce back? KEEP A PERSONAL LEARNING JOURNAL!!

A-608 COURSE OVERVIEW Course themes and modules A-608 is different Pedagogy Mechanics and expectations

A-608: Leadership, Entrepreneurship, and Learning Themes Building Effective Teams Organizational Culture Organizational Change Organizational Alignment Changing organizations from within (intrapreneurship) Building organizations (entrepreneurship) Organizational Learning Learning to Lead Leadership Entrepreneurship Learning

Pedagogy Team exercises/role plays “Paper” Cases Prepare assignment q’s for each case Priorities: cases, readings, optional readings Multimedia Cases In-class videos or multimedia Prepare assignment q’s New Cases GSE alumni entrepreneurs Prepare readings, q’s Activities Team exercises/role plays

A-608 IS DIFFERENT DATA: More qualitative than quantitative Use a variety of mediums ANALYSES: Data-driven Develop capacity to look at alternatives, make case for action ANSWERS: Often more than one is “right” Be suspicious of the simple answer STARTING POINT: You do not have a blank slate Make you aware of what’s already on your slate; Challenge & refine your heuristics GOAL: Max your potential over long run Focus on entrepreneurial challenges

Reactions Anticipated For many, it will be fun b/c it’s a change of pace Others will be comfortable w/ former patterns COURSE: Much more to do w/ who you are, what you are capable of than what you “know” Hooks into self-knowledge, self-assessment, self- reflection Have I ever experienced anything like this before? Do I know someone who has? How did it turn out? How did it feel? What does that imply?

Mechanics of the Course Resources: TFs: (lead) Uche Amaechi A608A: Uche Amaechi, Laura Burgos, Zholl Tablante A608B:Cortney Evans, Jeraul Mackey, Annie Knickman Fac Asst: Tal Vaval Appointments: Office Hours: sign up on course site under “modules/course information” Brown bag lunches, optional, also sign up on course site Grading (details in syllabus): Class Participation 40% Mid Term Exam 25%, due 10/12 at noon Final Paper 35%, due on 12/2 at noon Expectations: Presence, Preparation, Participation More than one unexcused absence will negatively affect your grade; no make ups; screens strongly discouraged

For THURSDAY! Read the syllabus – front end in particular Check out the course site Up-to-date syllabus will always be online under “syllabus”; check this before you do an assignment (no changes will be made <48 hrs before class) Slides will be under “modules” on course site by day/case, posted after A608B class Materials will be posted under the “IPac” tab on the site; when there is a case and a reading, read the case FIRST If you are ill/absent: check with classmates, study group; check course isite for slides/announcements Prepare the Slade case! (do the numbers…)

You ask me where the mystery of being is – why yes, it’s right here Henry N. Claman, M.D. Arts & Humanities in Healthcare