Remove Agile Remove Balance Sheet Remove Design Remove Operations
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ESADE Business School Commencement Speech

Steve Blank

In fact, it was only 7 years ago that Apple shipped its first iPhone and Google introduced its Android operating system. These Key Performance Indicators and processes are what make a company efficient —but they are also the root cause of its inability to be agile and innovative. Apple owned 0%. Act Like a Startup.

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Why Companies are Not Startups

Steve Blank

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. For most companies it feels like innovation can only happen by exception and heroic efforts, not by design.

IRR 335
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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

It’s a lot easier to get these numbers to look great by outsourcing everything, getting assets off the balance sheet and only investing in things that pay off fast. In contrast, startups operate with speed and urgency, making decisions with incomplete information. But it’s not over for Intel.

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The Evolution of Entrepreneurial Education and Corporate Innovation

Steve Blank

Other classes were on how to prep for VC pitches or develop the five year income statements, balance sheets and cash flows or read case studies. My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.” What prompted these insights?

Incubator 331
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The Lean LaunchPad Class: It’s the same, but different

Steve Blank

The class was unique in that it was 1) team-based, 2) experiential, 3) lean-driven (hypothesis testing/business model/customer development/agile engineering). When we started this class, the concept of Lean (business models, customer development, agile, pivots, mvp’s) was new to everyone. Class Velocity/Depth.

Lean 251