How GE Applies Lean Startup Practices

Harvard Business Review

To make FastWorks work, changes have been made in several areas, including supplier relations, finance, and roles and responsibilities: Supplier relations. Finance. Vic Roos, Lead Purchasing Program Manager, explained, “We let a finance guy in the room. Todd Waterman, GE’s corporate Lean leader, is leveraging GE Appliance’s insights with other GE units. We are all lean now — or soon will be.

The Tempting of Rajat Gupta

Harvard Business Review

In the early 1980s, for example, at least some partners — Bob Waterman, co-author of In Search of Excellence , among them — counseled gradual, quiet expansion, this to maintain the top-flight quality of the consultancy's people and its work. The strategy firms saw some of their best talent head off to startups, which promised untold riches, at least until the Dotbust of 2000, and to Wall Street or Greenwich or wherever the racier genii of modern finance ply their trade.