Over-commitment and decision making in the Venture Capital industry

I have been busy this week with the most thorough assignment I have worked on during the MBA for the "Problem Solving and Consulting" course I took last two blocks, using the "Problem Based Learning" methodology.

Based on the suggestively titled paper by Staw and Ross, "Knowing when to pull the plug", I developed the mnemonic model below, dubbing it the 6-finger-hand action plan. Sometimes it is necessary to introduce a bit o fun in academia.


The paper is coming along nicely, and I really enjoyed researching for it, as it was certainly aligned with my own private research for my professional development and career plans. I had the chance to interview 3 senior executives in the Canadian Venture Capital industry and a leading professor in the field of new ventures, Dr. Elspeth Murray. I will most probably put some of my findings here in the blog later on but, at the moment, I have to go back to writing, as the clock is ticking quicker and quicker.