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Build Predictable Startup Models by Forming an Agency

ReadWriteStart

Startup studios continue to grow in popularity as incubators for new businesses. Forming a digital agency that performs work for clients in addition to incubating startups provides a host of advantages compared to a singularly-focused startup studio. These can then be repeated and improved on with each successive startup.

Incubator 188
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The Government Starts an Incubator: The National Science Foundation Innovation Corps

Steve Blank

They launched an incubator for the top scientists and engineers in the U.S. In July I got a call from Errol Arkilic , a program manager at the National Science Foundation (NSF), the $6.8-billion The Innovation Corps – Using the Lean LaunchPad as an Incubator for Scientists and Engineers. The I-Corps Incubator Program.

Incubator 306
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The Red Queen Problem – Innovation in the DoD and Intelligence Community

Steve Blank

Army’s Rapid Equipping Force on the battlefields of Iraq and Afghanistan finding and deploying technology solutions against agile insurgents. The process recognizes that Innovation isn’t a single activity (an incubator, a class, etc.) In most industries, manufacturing is no longer a core competence of the U.S. Newell ran the U.S.

Community 232
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Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

—– Lean Innovation Management. Each horizon requires different focus, different management, different tools and different goals. To move innovation faster, we now have 21 st century tools — Business Model Canvas , Customer Development , Agile Engineering – all adding up to a Lean Startup. Here’s how.

Lean 120
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How companies strangle innovation – and how you can get it right

Steve Blank

— I just watched a very smart company try to manage innovation by hiring a global consulting firm to offload engineering from “distractions.” The ideas that pass through the prioritization filter enter an I-Corps incubation process. Incubation. A shorter version of this post first appeared on the HBR blog.

Incubator 316
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Lead and Disrupt

Steve Blank

These tools—Customer Development, Agile Engineering, and Business Model design—became the lean start-up methodology , a rigorous approach to testing hypotheses and building prototypes, and, on the basis of data and evidence, adjusting or pivoting to a variant of the original hypothesis. This is a really big idea.

Incubator 414
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7 Highlights from Lean Startup Week

Startup Lessons Learned

For example, if a chief executive officer manages the daily operation, a chief entrepreneur heads up innovation efforts. And the chief entrepreneur has a staff of chief portfolio manager, chief venture capitalist, and chief risk officer, right? So that gives us two different management structures for these two different portfolios.”

Lean 245