Today’s post touches on one of the more popular startup education approaches, Lean LaunchPad, which has proven effective in a wide range of contexts across the country (i.e., universities, large and small business development settings, the NSF I-Corps program), and for good reason. Lean LaunchPad presents a systematic process for customer discovery and product-market fit. […]
Realizing Innovation: It Takes a Village!
When executive management looks to improve a company’s innovation capability, their gaze typically settles on the group of technical folks; engineers, scientists and/or programmers collectively called something like R&D, Development or Engineering. I suppose this is a reasonable place to start, but true improvement needs to extend beyond the technical team as can be seen […]
Does It Deserve to Be Called Innovation? Does It Really Matter?
Innovation means different things to different people. The definitions range from simply a new idea or invention to bringing that idea to life in a market or even restricting the definition to include only those things that achieve significant change in the world. We often think of innovations as things we couldn’t have imagined before […]
Focusing on Features to Achieve Product-Market Fit
Achieving ‘product-market fit’ – the alignment of the features of the product or service with the demands of a target market – is a priority for all organizations. New development efforts often pack a large number of features into the offering, increasing cost and complexity while all of the features may not provide benefit or […]
Originality and Value
Is anything ever completely new or original? I recently listened to a podcast from the TED Radio Hour on this topic and it encouraged me to think deeply about this idea of originality, newness and innovation. Let’s look at two popular examples: the iPhone and lean manufacturing. Was the iPhone new or original? Strong arguments […]
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