Your Corporate Strategy Should be a Hypothesis

Posted by B3 Alliance, Inc on November 10, 2017 4:15:25 PM EST

Image source: Harvard Business Review

 

From the pioneering work of Steve Blank leading to the Lean movement by his protege Eric Ries, we know the benefits of companies that operate by hypothesis and iteration. Startups embrace lean methodologies to help them capture product-market fit, and develop new features beyond an MVP. Instead of lengthy business plans and projections, lean firms operate by testing. We've seen similar insights helping engineering teams since the advent of Extreme programming, Agile, and later SCRUM. The basis of these movements derive from new understandings of human and organizational behavior. Why is strategy not dealt with the same way?

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Topics: management, global business, entrepreneurship, strategy

Why Companies Can't Adopt Startup's Innovation Model

Posted by B3 Alliance, Inc on July 31, 2017 8:00:00 AM EDT

Image source: Harvard Business Review

 

Globalization, innovative technology, and startups are entering the big door of innovation. Existing, established companies are continously disrupted by this phenomenon and have to acquire startups for their growth in new sectors. Generations of executives have been trying to get their companies to be as innovative as the startups they either acquire or are disrupted by.

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Topics: management, global business, entrepreneurship, strategy

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