Fear of Failure and Lack of Speed In a Large Corporation
Steve Blank
MARCH 11, 2015
I just spent a day working with Bob, the Chief Innovation Officer of a very smart large company I’ll call Acme Widgets. There are financial metrics (Return on Investment, Hurdle Rate, etc.) metrics (validated/invalidated hypotheses, Investment Readiness Level ) and processes. Bob summarized Acme’s impediments to innovation. “At
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