Life’s Business Plan:. Jesuit Business Education’s Secret Weapon. Discussion Outline. Jesuit business education’s competitive advantages Corporate America’s predicament The Jesuit secret weapon that fits America’s predicament. Competitive advantage is fundamental to strategy.
Jesuit Business Education’s Secret Weapon
“Strategy is the deliberate search for a plan of action that will develop a business’s competitive advantage and compound it.” (Porter, Strategy) …Ramon’s corollary: focus on clients not competitors
A lost opportunity for Jesuit business education…or not leveraged because it’s irrelevant?
= Our “enduring core”
Execution or Implementation
= Our ability to adapt by navigating changeRubric of “Strategic Plan” might showcase Exercises’ relevance?
“Execution is a systematic process of…tenaciously following through, and ensuring accountability..[it’s] the great unaddressed issue in the business world today.” [Charan/Bossidy, Execution]
Reframe the Exercises as a personal “strategic plan” addressing corporate America’s challenges: good for companies, good for students, and good for your school’s competitive advantage
= Lots of reflection on life’s “enduring core”
= “To praise, reverence and serve”
= the Kingdom?
= Humility, love, self-awarenessRe-framing the Exercises as a personal strategic plan:
Practice of discernment
Ends before means
Daily examenExercises also imbed strategic choice and execution skills
Lots of job changes
Collapse of organized religion
Few acknowledged community values
Daily Updating tool
Establish your mission
Articulate your valuesStudents win: acquire critical, modern-world relevant skills
Students draw on the Jesuit spiritual tradition to craft their personal strategic plan as capstone of their business education
“There are in this city 6,500 beggars…and many of these have been reduced to begging the necessities of life….Perhaps if we had a flair for business…we could concern ourselves more with this problem.” (P. Favre)