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Breaking the Death Grip of Legacy Technologies

Harvard Business Review

Managers constantly try to fit new market needs to existing processes and routines. automakers took decades to adopt lean production methods despite the obvious benefits from increased productivity and lower work-in-process inventory. This reduced the entry barriers in the market, which was then flooded with product.

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Founding a Company Doesn’t Have to be a Big Career Risk

Harvard Business Review

While developing expertise is the most certain way to reduce entrepreneurial risk, many other strategies exist: Process — Using the right processes to deal with market uncertainty (e.g. Lean Product Development and Customer Development processes) decreases the chance of a startup’s failure.

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