Thursday, February 27, 2014

Guest Speaker: Jim Kastama

Jim came in to speak to our class with a focus on innovation.  He had been a senator for many of the last few years and just recently began his own business.  He explained how innovation (the term at least) has been overused in the last few years and should really be thought of as problem solving.  This kind of thought was somewhat new to me.  I had always thought of innovation as being close to invention.

One of the major things he discussed was the importance of networking.  As with our previous guest speakers we get reminded again and again and again that in order to be a successful business owner networking is a crucial element.  He also mentioned something i had never heard of, the balance scorecard.  This is essentially an evaluation tool for a company to help keep their focus balanced.  I would love to use this in my own company and will research it.

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