Changes in macro environment forces can impact the Porter Five Forces & industry attractiveness. PESTEL analysis is critical to understand the external threats & opportunities arising because of the macro environment developments. Strategy planning process often requires five steps –ġ.Ĝhoosing the vision, mission and the reason of existence for Ockham Split.Ģ.Ěnalyze the Ockham Split external competitive environment to identify opportunities and threats. Importance of PESTEL Analysis in Strategy Management & Planning Process SWOT Analysis of Slicing Pie with a Razor: Ockham Technologies' Founding Agreement Related Areas : Collaboration, Conflict, Disruptive innovation, Diversity, Labor, Leading teams, Operations management, Product development, TechnologyĬase Study Solution & Analysis of Slicing Pie with a Razor: Ockham Technologies' Founding Agreement What should they include in the agreement, and how should they structure their equity split?Ĭase Authors : Noam Wasserman, Yael Braid But as Ockham entered its initial phase of product development, pressure began mounting for the team to discuss and finalize a founding agreement. The trio had provided the seed capital of $150,000, contracted a development team to build their product, garnered serious interest from a potential investor, and readily agreed on their roles within the company (Jim was CEO, Ken was COO, and Mike was Head of Product Management). Each founder had contributed significantly to bringing the Ockham concept to life. Soon they recruited a third member, Mike Meisenheimer, to lead product development. Uncertainty lingers over each member's future contributions, though - how is the team to devise a durable and effective split? Jim Triandiflou and Ken Burows worked resolutely to plan for the launch of their sales management software company. Ockham Technologies' three founders are about to craft their founding agreement and split the equity among themselves. PESTEL analysis is mainly the assessment of macro environment factors.Ĭase Description of Slicing Pie with a Razor: Ockham Technologies' Founding Agreement Case Study The three inter-related environments are – industry environment in which the company operates in, the geographic market or country in which company operates, and wider socio economic / macro environment. Managers at Ockham Split need to examine three inter-related environments in order to come up with an effective strategy. It is written by Noam Wasserman, Yael Braid and shed light on critical areas in field of Innovation & Entrepreneurship, Collaboration, Conflict, Disruptive innovation, Diversity, Labor, Leading teams, Operations management, Product development, Technology that the protagonist in the case study is facing. Slicing Pie with a Razor: Ockham Technologies' Founding Agreement case study (referred as “Ockham Split” for purpose of this article) is a Harvard Business School (HBR) case study covering topics such as Innovation & Entrepreneurship and strategic management. Slicing Pie with a Razor: Ockham Technologies' Founding Agreement case study PESTEL analysis includes macro environment factors that impact the overall business environment – Political, Economic, Social, Technological, Environmental, and Legal factors. We specialize at providing professional PESTEL analysis & other strategic management MBA resources. What is PESTEL / PEST / STEP Analysis? How you can use PESTEL Analysis for Slicing Pie with a Razor: Ockham Technologies' Founding Agreement Definition of PESTEL / PEST / STEP Analysis
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