Concept Management Quarter

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Strategic Management Quarter (hereinafter, the Quarter) is the first of four lectures of Operations Quadrivium (hereinafter, the Quadrivium):

The Quadrivium is the first of seven modules of Septem Artes Administrativi, which is a course designed to introduce its learners to general concepts in business administration, management, and organizational behavior.


Outline

The predecessor lecture is Business Modeling Quarter.

  1. Skunk works. A small group within a large organization, given a high degree of autonomy and unhampered by corporate bureaucracy, whose mission is to develop a project primarily for the sake of radical innovation.
    • Management. The process or activity of dealing with or controlling things or people.
  • Range of variation. The acceptable parameters of variance between actual performance and the standard.
  • Angel investor. A private investor or group of private investors who offers financial backing to an entrepreneurial venture in return for equity in the venture.
  • Venture capitalist. External equity financing provided by professionally managed pools of investor money.
  • Value chain management. The process of managing the sequence of activities and information along the entire value chain.
  • Value chain. The entire series of organizational work activities that add value to each step from raw materials to finished product.
  • Value. The performance characteristics, features, and attributes, and any other aspects of goods and services for which customers are willing to give up resources.

The successor lecture is Data Gathering Quarter.

Materials

Recorded audio

Recorded video

Live sessions

Texts and graphics

See also