article thumbnail

THE PROS AND CONS OF A LEAN STARTUP

ImagineNation

Lean’ is the buzzword of the last decade, challenging old school thinking that dictates that a successful business must be resource-heavy to achieve sustainable growth, whilst also giving credence to those who want to launch “almost-there” app startups today to achieve market domination tomorrow. Pros for a lean app startup.

LEAN 59
article thumbnail

Summaries of the 50 Best Business Books

Destination Innovation

Just imagine all the insights and lessons you would have learned and how that would have helped you in your business career. Would you like to have read the best 50 books on sales, marketing, leadership, innovation, entrepreneurship and self-improvement? But how much time would it have taken?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

For example, Scott Anthony (interviewed on the podcast here ), summarised his views in a 2012 HBR article about which companies might benefit from moving first: If you are what Professor Steven Spear calls a “high-velocity organization” that is always learning and improving, there are real benefits to moving first.

Strategy 257
article thumbnail

Thought Leader and Influencer Interview with Dr. Cynthia Young, Founder & CEO, CJ Young Consulting

Thinkers360 - Thought Leader Interviews

it was like drinking from a firehose learning everything from how to wear my uniform, to the chain of command, and how to tell military time. I recognized that I had been using knowledge management (KM) practices with my Navy teams so that it was easy to pick up and learn the formal terms in KM which is what I consider my area of expertise.

article thumbnail

Post-Pandemic eCommerce Growth: Leverage Product Data, Market Research & Shopping Trends

Speaker: Phil Irvine, VP & Director of Audience Intelligence

One-to-one communication has been a trendy philosophy for marketers and advertisers for years now. To accomplish this, organizations have traditionally leaned into historical customer and product data to predict how to engage with their current and future customers in a personalized manner.

article thumbnail

The great GE innovation experiment

Jeffrey Phillips

Here are a few things we can learn: We can discover if being relieved of corporate overhead really matters to the individual businesses. They strip down and operate as efficiently as possible, using lean practices and six sigma guidance (already well embedded) to improve operating margins.

Agile 144
article thumbnail

8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Techniques such as Lean manufacturing and automation play a pivotal role in driving process innovation, enabling businesses to maintain operational excellence and agility. For businesses, fostering a culture that embraces experimentation and learning is key to sustaining innovation.