Tuesday, August 16, 2016

Big Companies as a Startup?

Hard to be "lean" in a big company right?

Yeap.

Great little article over on HBR about this problem:

https://hbr.org/2016/08/the-barriers-big-companies-face-when-they-try-to-act-like-lean-startups

Here is a snippet from the piece:

It’d be hard to choose two words that feel less descriptive of life inside a large organization than “lean” and “startup.”

And yet the lean startup methodology, born in Silicon Valley as a way for startups to tune in to customer needs with limited resources, has been gaining major momentum inside big companies like General Electric, Alaska Airlines, Telefonica, 3M, and W.L. Gore. When my publication, Innovation Leader, surveyed 170 executives who work in R&D, strategy, and new product development roles at large public companies, we found that 82% said they’ve already deployed some elements of the lean startup approach.

It turns out that many aspects of lean startup, like showing rough prototypes to customers before you’ve invested lots of time and money, iterating based on their feedback, and letting data prove or disprove your hunches, all have powerful appeal inside big companies, where endless meetings and executive approvals often bog down innovation.

Happy Reading,

J.W. Gant

No comments:

Post a Comment