Tag: entrepreneur

1 year ago

How Lean Startup Techniques Can Work Even Better For Established Businesses

In 2013, startup guru Steve Blank published an article in Harvard Business Review, titled Why The Lean Startup Changes Everything, in which he argued that, rather than follow the rigid concepts taught at business schools, entrepreneurs who seek to start a business take a much different path. “Start-ups are not smaller versions of large companies,” he wrote….

1 year ago

11 Ways Startups Outrun Established Corporations

The purpose of this post is to list out how startups are bypassing established companies so that incumbents glean the best tactics and apply them to their own corporate innovation. Tech startups are designed, built, and managed differently than established companies, giving them a competitive edge against incumbent corporations. This post outlines startup advantages, including…

1 year ago

The 3 Things That Keep Companies Growing

Growth creates complexity, and complexity is the silent killer of growth. This paradox explains why only about one company in nine has sustained more than a minimum level of profitable growth during the past decade, and why 85 percent of executives blame internal factors for their shortfall, not external ones beyond their control. The roots of sustained performance start…