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Why Startups Fail: Six Issues to Avoid

Leading Blog

The four elements in the diamond collectively specify the opportunity : what the venture will offer and to whom; its plan for technology and operations; its marketing approach; and how the venture will make money. Premature scaling of marketing and product development efforts is a widespread cause of startup failure. False Positives.

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How to Overcome the 3 Organizational Barriers to Leadership Development

Great Leadership By Dan

You would think that given the rock-solid evidence that organizations with great leadership consistently outperform those that don’t that EVERY organization would be heavily invested in the development of its current and future leaders. In other words, you’re tasked with coming up with a way to assess and develop current and future leaders.

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A Dedicated Team of Problem Solvers Can Help Big Companies Act Like Lean Startups

Harvard Business Review

Steve Blank, who pioneered the concept of the “lean startup,” has often written that “ no business plan survives first contact with the customer.” ” That’s why he urges startups to “get out of the building” and talk to potential customers before beginning product development in earnest.

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How AIG Moved Toward Evidence-Based Decision Making

Harvard Business Review

New developments in data science offer a tremendous opportunity to improve decision-making. Work with early adopters to demonstrate significant wins which are visible to the whole organization. In addition to the examples above, AIG currently has around a dozen decision making related projects at various stages of development.

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How AIG Moved Toward Evidence-Based Decision Making

Harvard Business Review

New developments in data science offer a tremendous opportunity to improve decision-making. Work with early adopters to demonstrate significant wins which are visible to the whole organization. In addition to the examples above, AIG currently has around a dozen decision making related projects at various stages of development.

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How GE Built an Innovation Lab to Rapidly Prototype Appliances

Harvard Business Review

Large companies serve mainstream customers, while innovative entrepreneurs first serve early adopters. There, an open community of industrial designers, scientists, engineers, students, and amateur tinkerers working alongside FirstBuild employees to design, build, and sell innovative home appliances. ” You can’t.

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Improve Decision-Making With Help From the Crowd

Harvard Business Review

IBM saw these online social systems for investing in new ventures and decided they would like to develop a similar system internally for selecting innovative projects. Software companies have developed an alternative approach (“Agile” and “ Scrum ”) that uses rapid cycle testing of product features to see what customers like.