 |
The more money, time, and creative energy that has been sunk into an idea, the harder it is to pivot.
|
153 |
 |
Mainstream customers have different requirements and are much more demanding [than early adopters].
|
170 |
 |
Today’s companies must learn to master a management portfolio of sustainable and disruptive innovation.
|
183 |
 |
Small batches pose a challenge to managers steeped in traditional notions of productivity and progress, because they believe that functional specialization is more efficient for expert workers.
|
196 |
 |
…one of the most expensive forms of potential waste for a startup is spending time arguing about how to prioritize new development once it has a product on the market.
|
209 |
 |
…the standard ‘waterfall’ development methodology… is completely maladapted for today’s rapidly changing business environment.
|
245 |
 |
…startups are both easier and more demanding to run than traditional divisions: they require much less capital overall, but that capital must be absolutely secure from tampering.
|
254 |
 |
Startup teams need complete autonomy to develop and market new products within their limited mandate.
|
254 |
 |
Handoffs and approvals slow down the Build-Measure-Learn feedback loop and inhibit both learning and accountability.
|
255 |
 |
Sabotage is a rational response from managers whose territory is threatened.
|
260 |