article thumbnail

Stop Believing That You Have to Be Perfect

Harvard Business Review

The value of failure has become a mantra in Silicon Valley, with the rise of events like FailCon , a conference “for startup founders to study their own and others’ failures and prepare for success.” Recognize that innovation requires failure. But innovation of any sort entails risk and trying new things – and that mandates failure.

Ries 14
article thumbnail

Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business Review

In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World ” and Eric Ries’s book The Lean Startup. Innovation at GE was on a roll. Then it wasn’t.

Ries 8
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is Bias Fixable?

Harvard Business Review

As David Burkus recently wrote, innovation isn''t an idea problem, but rather a recognition problem ; a lack of noticing the good ideas already there. But the opposite can be true, too: for instance, Sarah Milstein and Eric Ries designed the 2013 Lean Startup Conference with the intention of inclusion. And you do not see others.

Ries 10
article thumbnail

Build Your Reputation the Rachael Ray Way

Harvard Business Review

One minute, you've never heard of Eric Ries , and the next he's on the cover of Inc. magazine, speaking at major conferences, and advising the White House on innovation. Sometimes, it seems they've always loomed large: for decades, Michael Porter has been synonymous with strategy, and John Kotter with change management.

article thumbnail

The 5 Requirements of a Truly Innovative Company

Harvard Business Review

Can you think of any business topic that’s been hotter for longer than innovation? In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. And yet when it comes to innovation, the gap between aspiration and accomplishment seems as big as ever.