B USINESS SAYINGS Essentials 1 Grenoble Ecole de Management / December 1st, 2009.

Business sayings

Essentials

1Grenoble Ecole de Management / December 1st , 2009

http://www.forotech.ch/

PLANS ARE UNIMPORTANT. PLANNING IS ESSENTIAL.

DWIGHT EISENHOWERPRESIDENT

IN THE BUSINESS WORLD, THE REARVIEW MIRROR IS ALWAYS CLEARER THAN THE WINDSHIELD.

WARREN BUFFET

ONLY INVEST IN BUSINESS YOU UNDERSTAND.

WARREN BUFFET

More Warren Buffet’s quotes on: http://www.brainyquote.com/quotes/authors/w/warren_buffett.html

Intellect has a keen eye for method and technique,But is blind to aim and value .

Albert Einstein

RISK COMES FROM NOT KNOWING WHAT YOU'RE DOING.

WARREN BUFFET

More Warren Buffet’s quotes on: http://www.brainyquote.com/quotes/authors/w/warren_buffett.html

Content: BP communication is not

• Sales forecast

• Thesis

Grenoble Ecole de Management / December 1st , 2009

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THINK

JOHN WATSON, IBM’S PRESIDENT


9

Usual Pitfalls:

“first three cases”


I THINK THERE IS A WORLD MARKET FOR MAYBE FIVE COMPUTERS

JOHN WATSON, IBM’S PRESIDENT, 1943

THE MORE MATURE A BUSINESS IS, THE MORE WE RELY ON NUMBERS.FOR NEWER BUSINESSES, THE NUMBERS MATTER LESS AND THE WORDS MATTER MORE.

INVESTMENT BANKER

Day 2: Stakeholders expectationsHealth industries specifics


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WRITING A BUSINESS PLAN FORCES YOU INTO DISCIPLINED THINKING IF YOU DO AN INTELLECTUALLY HONEST JOB. AN IDEA MAY SOUND GREAT IN YOUR MIND, BUT WHEN YOU PUT DOWN THE DETAILS AND NUMBERS IT MAY FALL APART.

VC

Health Industries specifics


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THE BEST WAY TO HAVE A GOOD IDEA IS TO HAVE LOTS OF IDEAS

L. PAULINGCHEMIST

Note: I would be cautious in playing the numbers game with investors

IF YOU DON’T KNOW WHAT THE CUSTOMER BENEFIT IS THE WHOLE THING IS A WASTE OF TIME

BRANCO WEISSENTREPRENEUR

IF THERE IS NO COMPETITION, THERE IS PROBABLY NO MARKET

B. WOOD

IT IS EASY TO FORECAST NUMBERS WITH TODAY’S SOFTWARE. SHOW ME THE BUSINESS MODEL AND YOUR ASSUMPTIONS.

INVESTMENT BANKER

IF YOU CAN’T SAY IT CLEARLY AND SIMPLY KEEP QUIET AND KEEP WORKING ON IT TILL YOU CAN

KARL POPPERPHILOSOPHER

Charts

Make extensive use of bar charts and pie charts to illustrate the numbers.


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CE QUI SE CONCOIT BIEN S’ENONCE CLAIREMENTET LES MOTS POUR LE DIRE VIENNENT AISEMENT

NICOLAS BOILEAU-DESPRÉAUX

If you can’t explain simply, you don’t understand Albert Einstein

Simplicity is the ultimate sophistication Leonardo DA Vinci

Insecure managers create complexity Jack Welsch

The first question is « why do it at all » Peter drucker

CE QUI SE CONCOIT BIEN S’ENONCE CLAIREMENTET LES MOTS POUR LE DIRE VIENNENT AISEMENT

NICOLAS BOILEAU-DESPRÉAUX

THE SEEDS OF EVERY COMPANY’S DEMISE ARE CONTAINED IN ITS BUSINESS PLAN

F ADLER


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B USINESS SAYINGS Essentials 1 Grenoble Ecole de Management / December 1st, 2009.

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