Remove Operations Remove Power Remove Process Remove Ries
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How GE Stays Young

Harvard Business Review

Under CEO Jack Welch in the 1980s and 1990s, they adopted operational efficiency approaches (“ Workout ,” “Six Sigma,” and “Lean”) that reinforced their success and that many companies emulated. The hard part is executing the idea to build a business, which takes a process that actually works.

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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. Increase operating margins to 18% (by cutting expenses).

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The Most Innovative Companies Don’t Worry About Consensus

Harvard Business Review

Consensus is a powerful tool. Nick readily grasps the value in testing his ideas before asking for any full-scale operation. Nick’s company appeared to understand the value of his experiment… but their process got in the way. Again, consensus can be a powerful tool. The problem with consensus is that it’s expensive.

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In Big Companies, Lean Is Only One Piece of the Puzzle

Harvard Business Review

In 2010, one of us was sitting in a room at the Harvard Business School with Eric Ries and a number of budding entrepreneurs. To us, there are few better examples at demonstrating the power of the Lean Startup. But like disruption before it, the zeitgeist around lean has in some ways grown apart from the power and purpose of the idea.

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Considering a Start-Up? Think Again.

Harvard Business Review

The refrain is all too familiar: If you want to change the world and get rich in the process, then just go for it. In The Lean Start-Up , Eric Ries talked about vanity metrics — numbers that create the illusion of success, rather than validate actual progress. The problem isn't what the message says, but what it doesn't.

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Looking to Join the Lean Start-up Movement?

Harvard Business Review

In my eyes, the work Steve Blank, Eric Ries, and others have done to provide a cogent, accessible frame around the academic concepts of emergent strategy is one of the most important contributions to the innovation movement over the past few years. Service companies might have a handful of clients that agree to be guinea pigs for new ideas.

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How to Innovate with an Executive Sponsor

Harvard Business Review

Middle managers with limited resources and set evaluation metrics will simply operate in a predictable fashion. As Eric Ries and Steve Blank are so quick to point out, innovation requires iteration. In the process of experimentation and iteration, companies will expose how products and services can come together more effectively.