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How GE Applies Lean Startup Practices

Harvard Business Review

It’s a framework for entrepreneurs, building on “The Lean Startup” by Eric Ries. They became a tight group as they went down to the factory floor and built products together and looked at market research together. Traditional financial systems are risk mitigation tools, and there is typically no weighting on speed.

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Become a Company That Questions Everything

Harvard Business Review

For companies seeking to innovate, adapt to change, and maintain an edge in fast-moving, competitive markets, a questioning culture can help ensure that creativity and adaptive thinking flows throughout the organization. At the same time, leadership should be willing to answer tough questions — from all levels and departments.

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The 5 Requirements of a Truly Innovative Company

Harvard Business Review

Likewise, no matter how slick your company’s online idea market, it won’t yield many high-value ideas if your associates haven’t been taught to think like innovators. differ­ent risk cate­go­ries (incremental improvements versus speculative ventures); and differ­ent time horizons.