Week 7 MBA: 6101 Ascend your start up Chp 7
Helen concludes the journey of her climb and tries to find the joy in the finalization but all she feels is that it is her last gesture to her deceased grandmother. When feeling empty she feels what will guide her for her next journey is growing through technology and humanity. She finds that her acceptance to technology takes wisdom and is driven by vision or eyes on the prize to reach the global stage, which is "finishing the climb" and being successful. However, no matter how technologically advanced your company is only 20 percent of your success is attributed to your technology and the other 80 percent is how you operationalize your company vision. (Yu 2021) Yu describes you must create believers on your project team because things don't always go as planned even on her climb. She emphasizes this leads to scaling your start up and can measure the success you have much quicker. We then talk about the biggest key element in this chapter which is cultural collaboration and doing intentional action to build thriving ideas and culture in business.
Company culture drives sustainable growth which entails the employees buying into the companies vision and culture which leads to a better customer experience because then everyone is buying in on one vision and theory. Creating a culture of learning to encourage employees to help one another provides a sense of putting others before yourself and being selfless. This leads to cultivating gratitude and understanding how each employee can contribute to the overall company success and amplifies new ways of thinking that define your companies start up in all aspects. (Yu 2021) In other words, the culture of helping other employees makes everyone on board of what their company mission is and realize what the ins and outs of your strategies and ways of thinking. Understanding potential investors is also critical. Looking at track records you can decide who you want to work with and understand your investors culture and make sure it can fit in with your companies visions and morals. Understanding you need to find investors that are good fits and defining relationships moving forward with them will be extremely critical.
References: Yu Helen (2021) Ascend Your Start-Up; Conquer The 5 Disconnects to Accelerate Growth

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