|Date of event:||10 September 2014|
|Event ends:||10 September 2014|
The inaugural Alumni Business Breakfast explored the concept of ‘Lean Thinking’, and how it can be utilised to make businesses highly responsive to the ongoing challenges faced by all organisations, both large and small.
The inaugural Alumni Business Breakfast took place on 10 September. It explored the concepts of ‘Lean Thinking’, and how it can be utilised to make businesses highly responsive to the ongoing challenges faced by all organisations, both large and small. Focusing particularly on the themes of technology and entrepreneurship, a number of key issues around Lean Thinking were discussed.
Chaired by Professor Ginny Gibson, Deputy Dean of Henley Business School, the panel of speakers comprised Mihai Ciobanu from Fresh4Cast, Roger Gregory from Pitmans LLP and Dr Norbert Morawetz from Henley Business School.
After brief introductions from the panel, questions were taken from the floor on a variety of issues including:
- Lessons for ‘traditional’ companies from new Lean models
- Soft skills in technology
- Spreading risk whilst satisfying customer demand in small companies
- The spread of skills in technology start-ups
Summing up, Professor Gibson highlighted four key themes raised:
“The balance between experimentation and ‘good enough’ verses real excellence – what do you have to get right or else your business is going to fail?”
“We have to continue to delight our customers again and again, focusing on our current customers and collect evidence. It is the evidence from the customers that is going to make our business successful”
“The other side of people is the internal team. Making sure you are making the best use of the ‘dreamers’ and not constricting them. And this idea that entrepreneurs are alone but they are not alone. We have heard a lot about the community and how it is working effectively”.
“Finally, there has been a debate about scalability verses just taking the cash. Both are perfectly acceptable but you have to know what you are in the game for. If there is that scalability then you have to develop not a corner shop but a good business from a governance point of view”.
To see the current Henley Alumni events programme and book places at upcoming events, please visit www.henley.ac.uk/alumnievents.