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Big Bets vs. Little Bets and the future of HP

Harvard Business Review

They then researched and analyzed the markets, segmented them, and developed products. If the idea got far enough, they developed marketing campaigns, sales strategies, and launched it. R&D spending fell from 6% of revenue in 2001 to 2.3% A billion dollars kind of became a mantra.". Are you currently making small bets?

Ries 11
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Learn to Adjust Your Focus

Harvard Business Review

A market segment can be characterized broadly (women 25-34) or specifically (women in an early career phase who are newly-married and starting a family). When the product was launched in 2001 , it aimed to revolutionize personal transportation , touted as a unique way for people to travel short distances.