Steve Blank

MARCH 4, 2014

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

IRR Startup Business Model Agile 335

Steve Blank

MARCH 31, 2014

Unfortunately as we’ve learned from recent experience, using Return on Net Assets and IRR as proxies for efficiency and execution won’t save a company when their industry encounters creative disruption. These will enable firms to embrace innovation by design not by exception. Act Like a Startup.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Steve Blank

JUNE 23, 2016

As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency. Their size lets them adopt flatter and more agile organizational structures while providing incentives that reward risk-taking and collaboration. But it’s not over for Intel.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227