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Winning the explore:exploit game

Jeffrey Phillips

Much of the last 30 years of management thought has been consumed with improving exploitation skill - Six Sigma, Lean, Outsourcing and right-sizing are all efforts to improve the efficiency and effectiveness of the exploiting portion of your business. Product development cycle times are now longer than shelf lives.

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Start With Mindset

Leanstack

We’re already at the 10 year anniversary of the Lean Startup. Yes, it was a little over 10 years ago that Eric Ries started sharing a series of blog posts and giving talks on a new way of building products?—?ideas ideas that went on to spark the global Lean Startup movement. Time flies. mvp, experiment, a/b test, etc.)

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Start With Mindset

Leanstack

We’re already at the 10 year anniversary of the Lean Startup. Yes, it was a little over 10 years ago that Eric Ries started sharing a series of blog posts and giving talks on a new way of building products?—?ideas ideas that went on to spark the global Lean Startup movement. Time flies. mvp, experiment, a/b test, etc.)

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What do most innovative companies have in common?

hackerearth

They link innovation to their well-defined business objectives by establishing and maintaining dedicated innovation teams. Innovative companies provide the right platform for their employees to share and discuss ideas and have dedicated teams to turn them into prototypes and test the prototypes resulting from those ideas. Conclusion.

Company 77
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Unit Economics: How to Calculate CAC & LTV – It Depends

IM Insights

The aggregate or business level doesn’t help when the product is still being developed, Product/Market-Fit is not yet established, a profitable channel is still to be determined, and so on. (11:00) 15:00) CAC over LTV is fundamental to understanding product performance and analysing specific customer segments.

How To 52
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Building an Innovative Company Culture

Taivara

Taivara Blog Post by Michael Shuchter. Let our team of non-conformists help you build your innovative company culture. A conformist company culture stifles innovation and breeds weakness. While middle management can keep the company strong in the near-term, the stifling of innovation makes the organization weak in the long-run.

Culture 44
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15 most important Innovation Theories your company should be using

Idea to Value

What it is: One of the most challenging aspects of innovation for most companies is not the generating of ideas, or the development of new innovations. They can cite a number of seemingly valid reasons for this, including: My team hasn’t got the time to resources or time to take ownership of this new thing.

Company 248