Kaneb to discover a proper hearing machine for the noisy environment made her profound to the possibilities to discover such a user-friendly, economical, and practically liable device. In her case, her passion for the product than the entrepreneur gave an extra advantage to the product. Her aim to support hearing-challenged humans to communicate in noisy environments stimulated to take up the project of “Parlay” in her past MBA coursework and the plan to launch in the actual world. ("2017-2021 NIDCD strategic plan," 2018). The principal issues faced by Kaneb were lack of communication and proper mentoring because she required extra time to construct such a network, so she no longer needs to construct such a network in her career. Additionally, she had no experience in the field of finance and software improvement, which was a great challenge for her to put up the “Parlay” venture. ("Pre-venture feasibility analysis the Andrea Kaneb case SWOT analysis / SWOT matrix," n.d.). This challenge possibly paused the reality of her company’s mission that was going to be alternative employment possibilities for her after her MBA. In this case, Kaneb's position is a reminder that post MBA while opting for a professional transition; would be the prior importance to understand the industry of consumer needs, market, and competitors. In additionally the importance to have some useful knowledge and to construct networks and get mentorship for the period of her profession because it gives the outstanding leverage when to take up new things. ("Pre-venture feasibility analysis the Andrea Kaneb case SWOT analysis / SWOT matrix," n.d.).
You've reached the end of your free preview.
Want to read all 4 pages?
- Fall '15
- Andrea Kaneb