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The Lean Scale-Up: Innovation & Entrepreneurship for New Ventures

Open Innovation EU

Innovation is almost always focused on information, is knowledge-based, complex and customized – which shortens the time to market and increases first mover advantages. All this, calls for more organic, innovative and learning organizations that are lead by strategic leaders ( Greiner, 2004 ). Simply beautiful.

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What is a Minimum Viable Product and what is its Purpose?

Destination Innovation

There is much talk in the innovation community about the need to produce a minimum viable product (MVP) and bring it quickly to market. In 2004 Mark Zuckerberg, Dustin Moskowitz and Chris Hughes raised $500,000 in venture capital for their fledgling company Facebook. But what exactly constitutes a MVP and what is its purpose?

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Business model creation and innovation in China: not just copycats.

The BMI Lab Blog

Lean value” focus: This approach is supported by the nature of the market. It is full of entrepreneurs, customers, markets and capital that happen at the same time. So, probably dozens of entrepreneurs are working on the same idea at the same time; the market will falsify most wrong assumptions quickly.

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Top 10 must-read books on Innovation

hackerearth

This is the key takeaway from this book published by Harvard Business School Press in 2004. Running Lean is undoubtedly an inspiring book for anyone looking to start a business project or company. He believes diverse teams with an array of perspectives should collaborate to bring ideas from various fields to create the Medici Effect.

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How to Model a Multi-sided Business

Leanstack

Facebook Lean Canvas: How to Model a Multi-sided Business Today I will show you how to model a multi-sided business using a Lean Canvas. Facebook then trades this derivative currency on a secondary market of advertisers (their customers) who pay to reach these users.

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The Power of a Good Strategy

Leanstack

When Mark Zuckerberg started Facebook in 2004, he wasn’t the first to build a social networking platform. Vision and strategy are foundational pieces in this pyramid, without which even a good product cannot withstand the weight of its market. Implementation Plan Describe your go-to-market plan.

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Why Technology Won’t End the Marketing Hierarchy

Harvard Business Review

A few years ago one of the most vexing questions for marketing executives was whether big corporations were going to have to do what Bharti Airtel had done. Airtel’s move quickly transformed the mobile-phone market in India as other telecomms followed suit. Within marketing the silos are collapsing.