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Business Model Innovation 2020? - From Lean Startups to Impact Startups.

The BMI Lab Blog

This thinking in “markets” and “technologies” changed with the rise of customer centricity, human centered design, and design thinking in the mid-2000s. Lean startup, coined by Eric Ries and previously described in the book “The Four Steps to Epiphany” (2005) by Eric’s mentor Steve Blank, is singing from the same song-sheet.

LEAN 52
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Balancing Large and Small Firm Capabilities

Integrative Innovation

The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. As outlined in earlier posts , organizations need to balance exploitation (i.e. development of existing business) and exploration (i.e. – different processes.