At my 30th graduate school reunion, much like the previous ones I have attended, I expected to be the lonely private business champion in a cornfield of corporate types. Sure, they were there in great numbers, but much to my surprise and delight, I discovered that there is a remarkable private business resource at Northwestern’s Kellogg School of Management.

Mike Mazzeo, a star professor, decided to write a book called the Roadside MBA.

In his wonderful book, he outlines key principles that are critical not just for the success of corporations but for all of you, my private business readers. A core principle of the book is Mazzeo’s Law: ‘The right answer to every strategic question is ‘it depends’. As Mike states, “Getting strategy right requires constant problem-solving and tireless determination to unpack the ‘it depends’ of good business decision-making”. To read more about it, go to The Roadside MBA Manifesto. I think your will find it very interesting.

I urge you to pick up a copy of the book and quoting Mike, “If you took a high school or college economics class, and don’t remember loving it….don’t worry. We….took out all the math. (No graphs, either!)”

Mike and his colleagues have truly leveraged their academic excellence and have applied it to our particular challenges in private, family businesses. Mike is establishing a Center of Excellence at the Kellogg school, as part of its focus on business growth and I’m excited about his body of work and the opportunity to support his success!

Copyright 2015 Andy Birol All Rights Reserved

Photo Credit: Oatsy40-Which Way Flickr (CC BY 2.0)