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What is Lean Innovation? Components and Examples

Moves the Needle

And in practice, we combine three important ideas: design thinking, Lean Startup, and agile methodology. What is Design Thinking? Design thinking is a way of problem solving that evolved out of applying the scientific method to the process of design. But design thinking alone is not enough.

LEAN 105
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The Founder, Innovation On Film

Gregg Fraley

The Founder , starring Michael Keaton as McDonald’s founder Ray Kroc , is the best film about innovation since Moneyball in 2011. There are scenes about about invention, development, prototyping, and completion. Use this movie with innovation teams, or students. Michael Keaton as Ray Kroc in The Founder.

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Options-based Strategy: An Approach for Uncertain Times

The Inovo Group

How do you create a company that can adapt, respond, and reinvent itself to become stronger in both good times and bad? In 2017, the entire eight-person, executive management team (except for the CFO) of Sweetgreen quit of their own accord after the company had record growth in 2015 and 2016. In 2011, customers were saying “Wow.

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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

Is it easy to create autonomous team and projects? Critical elements for an entrepreneurial climate are both causational (goals, rewards) and effectuation-based (feedback, reinforcement, trust) and are built upon stimulating entrepreneurial thinking in the organization (Kuratko, Hornsby, Naffziger, & Montagno, 1993). Neck et al.

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Uncertainty is the Innovator’s Friend

The Inovo Group

In 2011, after more than 20 years of research, Harry Klee, a professor in the Horticulture Sciences Department at the University of Florida, developed the “perfect” tomato. And how could he have known this uncertainty would be his major obstacle before he spent decades developing the new tomato?

System 40
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Alignment Diagrams

Boxes and Arrows

Bad experience. Indi Young developed this technique and detailed it in her book Mental Models (Rosenfeld Media, 2008) [2]. Designers have the skills to creatively brainstorm and lead such sessions. Prototyping Solutions Exploring different directions is a key aspect of “design thinking.&# Footnotes. [1]