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Finding and Growing the Islands of Innovation inside a large company – Action Plan for A New CTO

Steve Blank

How does a newly hired Chief Technology Officer (CTO) find and grow the islands of innovation inside a large company? I just had coffee with Anthony, a friend who was just hired as the Chief Technology Officer (CTO) of a large company (30,000+ people.) Instrument the process with metrics and diagnostics.

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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. Build a Talented Team of Technology and Business Professionals.

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8 Tactics To Make You A Fearless Business Innovator

Startup Professionals Musings

As a potential investor, I always think of the high rate of failure of disruptive technologies, due to the longer learning curve of customers, infrastructure change consistently required, and higher marketing costs. Technology is great, but high-tech major-step-forward solutions are not the answer to all our change challenges.

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How Legal Tech Companies Are Re-Shaping the Legal World

ReadWriteStart

Understanding and embracing these innovations in technology can be the key to success in today’s legal profession. . While there are many legal tech companies in the world, what we are looking for is to be provided with technology that genuinely stands out in a crowded market. What are Companies Considered Legal Tech Companies?

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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

The previous post described how China built its science and technology infrastructure. This post is about the how the Chinese government engineered technology clusters. Torch has four major parts: Innovation Clusters , Technology Business Incubators (TBIs), Seed Funding (Innofund) and Venture Guiding Fund.

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7 Highlights from Lean Startup Week

Startup Lessons Learned

With industries from banking to transportation being transformed and, in some instances, undermined by new business models and technology, executives are smart to wonder, “Are we next?” LESSON #3: Avoid these three hiring mistakes. When it comes time to grow your team, Jeff Jordan and Eric pointed out three hiring mistakes to avoid.

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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.” So, in response the company had hired a global consulting firm to help solve the problem. People with ideas, technology or problems pitched in front of the evaluation committee.

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