Technological Revolutions and the Governance Gap
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There is often a gap between how fast technology changes, and how fast human institutions respond to this change. This Governance Gap is one of the core problems of management today.
Category Archives: business models
Are You Working On the World’s To-Do List?
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Innovation is making new ideas real, to create value. If we’re not innovating to support the UN’s Sustainable Development Goals, are we really creating value?
How Do We Build 21st Century Business Skills?
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Dealing with uncertainty is one of the most important skills for a manager. How can we teach this? By working on problems where we don’t know the answer in advance.
Innovation Force = Innovation Mass x Acceleration
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When we have a great new idea, we want to move fast with it. But we also want impact, and to get that, we need to make sure that we don’t accelerate before we’ve gotten the idea nailed first.
Move Sooner and Faster Than You Think You Can
Part 6 in The Lean Startup Series
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If we wait for something to be perfect before we launch it, we’ll never launch.
A Minimum Viable Product is an Object for Learning
Part 5 in The Lean Startup Series
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The best way to think of a Minimum Viable Product is as an object for learning. Here’s an example of a great one, along with resources to help you build your own.
What Assumptions Underlie Your Business?
Hypothesis Testing for Lean Startups - Part Four in the Lean Startup Series
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Every time we build a business model for a new idea, it is based on many different assumptions. To increase our chances of success, we need to test these assumptions systematically.
How Big is Your Market and Where Will You Start?
Part 3 in The Lean Startup Series
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If you’re doing a lean startup, you need to do two things. Identify the potential users in your market that are currently experiencing the most pain, and start with them. Once you’ve identified this first niche, then you can plan your expansion route.
Is Our Business Model Ready to Launch?
Part 2 in The Lean Startup Series
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Most new ventures fail because they don’t have enough customers. Unfortunately, entrepreneurs often fail to address this problem, and focus more on getting the product right first. This is a mistake. Lean Startup tools can help you avoid this mistake.
The How and Why of Customer Development
Part 1 in The Lean Startup Series
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Part 1 in a series reflecting on what we’ve learned after doing a bunch of lean startup work over the past year. First issue – how to use customer development interviews to build a business model.
We’ve Hit Peak Innovation (Hype)
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The hype around innovation right now seems overwhelming. Does this mean that we’ve hit Peak Innovation? No – we’ve hit Peak Innovation Hype. To avoid the hype, we need to understand what is already known about the substance of innovation.
5 Important Points About Business Models
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When we make something new, we often don’t give as much thought to building a business model to go with the great new thing. This is a mistake.