1) The biggest surprise for me i the reading was the amount of aspects that make up the lack of strategic planning. Many entrepreneurial ventures fail to take the proper time and planning to create a successful product.
2) One part of the reading that was a bit confusing to me was the section on 'Fatal Visions in Strategic Planning.' Particularly the third point about pursuing an unattainable competitive position. Essentially, many entrepreneurs do not plan for when their venture is successful. Therefore, they fail to take full advantage of their competitive advantage while it lasts, and do not make the best of their spot in the market. It took me a while to understand this concept.
3) First I would ask the author which Fatal Vision for strategic planning he thought was the most important to avoid for a successful venture. Secondly I would want him to elaborate on the four Venture Development Stages so I can have a clear picture of how to develop my product.
4) I believe the author was accurate and thorough with everything he discussed so I do not believe he was wrong in any sense. I also agree with most everything he said as he had examples and diagrams to back his theories.
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