Remove Agile Remove Channel Remove Operations Remove Product Development
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Why Companies and Government Do “Innovation Theater” Instead of Actual Innovation

Steve Blank

Disruption today is more than just changes in technology, or channel, or competitors – it’s all of them, all at once. HR processes, legal processes, financial processes, acquisition and contracting processes, security processes, product development and management processes, and types of organizational forms etc.

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Is the Lean Startup Dead?

Steve Blank

And if their initial guesses were wrong, they needed a process that would permit them to change early on in the product development process when the cost of changes was small – the famed “pivot”. It has to find product-market fit before running out of cash. The result?

Lean 335
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How to Hack Growth When Growth Stalls

ConversionXL

One of the greatest threats to long-term success is when companies aren’t vigilant enough about responding to the changes in their market—whether it’s by failing to spot product or channel fatigue, acknowledge new competition, make needed updates to products or marketing adjustments in a timely fashion, or embrace new technology coming online.

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22 Entrepreneurs Reveal The Companies They Admire Most For Innovation

Hearpreneur

Tesla has always put a huge emphasis on product development and technological advancement. Shopify swiftly came in with solutions that allowed these firms to turn their point-of-sale terminals into e-commerce storefronts and begin online operations the same day. For me, it's a live example of agile and sustainable business.

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Entrepreneurial Excellence: Strategies for Business Growth

The Startup Magazine

Cash Flow Management: Monitor your cash flow to ensure you have enough liquidity to meet operational needs. Investment in Growth: Allocate funds strategically to areas that promote growth, such as marketing, product development, and talent acquisition. These channels offer cost-effective ways to engage with customers.

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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. Every large company, whether it can articulate it or not, is executing a proven business model (s).

IRR 335
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Lessons Learned: Validated learning about customers

Startup Lessons Learned

Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. Their product development team is hard at work on a next-generation product platform, which is designed to offer a new suite of products – but this effort is months behind schedule.

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