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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. Traditional financial systems are risk mitigation tools, and there is typically no weighting on speed. Leadership roles and responsibilities. GE is an ideal laboratory for applying Lean practices because of its scale,” Ries says.

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Become a Company That Questions Everything

Harvard Business Review

This requires a leadership team and work force that is always trying to ask the questions that can light up the big honking issues.”. At the same time, leadership should be willing to answer tough questions — from all levels and departments. How can a company create an environment where people are more inclined to question?

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How to Innovate with an Executive Sponsor

Harvard Business Review

Without the foresight and intervention of senior leadership, the firm will simply concentrate on the opportunities that it was destined to concentrate on. As Eric Ries and Steve Blank are so quick to point out, innovation requires iteration. We would roll out an experimental system, measure, iterate, and experiment again.

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The 5 Requirements of a Truly Innovative Company

Harvard Business Review

It takes a systematic approach to build a systemic capability—whether that is Amazon’s logistics prowess or the near-flawless service you receive as a guest at a Four Seasons hotel. differ­ent risk cate­go­ries (incremental improvements versus speculative ventures); and differ­ent time horizons.