article thumbnail

A heartbreaking story about time and money.

Berkonomics

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

article thumbnail

Wasted time is money lost.

Berkonomics

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are You Putting Your Rock Star Customers To Work?

YoungUpstarts

Talented product developers. When 3M brought “lead users” into its innovation process, they improved revenues by a factor of eight times over innovations from internal product developers. Some of the most creative technology coming out of Silicon Valley is designed to do exactly that.

Customer 154
article thumbnail

Lessons Learned: Where did Silicon Valley come from?

Startup Lessons Learned

Lessons Learned by Eric Ries Tuesday, November 11, 2008 Where did Silicon Valley come from? I think the absolute best reading on this subject is a book called Regional Advantage: Culture and Competition in Silicon Valley and Route 128 by AnnaLee Saxenian. And what were they doing beforehand?

article thumbnail

Wasted time is money lost. (And another story of lost opportunity.)

Berkonomics

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

article thumbnail

Community is the new battle ground in ecommerce

The Equity Kicker

The strategy of blending content and commerce has been around for a while now and underpinned the success of companies like ASOS and Net-a-porter , but it’s only recently that companies have started to understand the power of adding community. Communities come in three flavours: Consumer communities (e.g. Ecommerce'

eCommerce 109
article thumbnail

When It Comes To Entrepreneurship, Age 40 Is The New 20… And Always Has Been

YoungUpstarts

Instead, he would take his evident talent to Silicon Valley. People in big companies see innovation through the lens of new product development. If you’re nearing 40, you’ve probably paid off your student loans, maybe have equity in a house and comfortable savings safety net.