Quotes About Innovation

The challenge here is to create a mechanism for empowering innovation teams out in the open. This is the path toward a sustainable culture of innovation over time as companies face repeated existential threats. My suggested solution is to create a sandbox for innovation that will contain the impact of the new innovation but not constrain the methods of the startup team.

As Cook says, "Developing these experimentation systems is the responsibility of senior management; they have to be put in by the leadership. It's moving leaders from playing Caesar with their thumbs up and down on every idea to—instead—putting in the culture and the systems so that teams can move and innovate at the speed of the experimentation system.

Whenever possible, the innovation team should be cross-functional and have a clear team leader, like the Toyota shusa. It should be empowered to build, market, and deploy products or features in the sandbox without prior approval. It should be required to report on the success or failure of those efforts by using standard actionable metrics and innovation accounting.

As startups grow, entrepreneurs can build organizations that learn how to balance the needs of existing customers with the challenges of finding new customers to serve, managing existing lines of business, and exploring new business models—all at the same time. And,

In a Wizard of Oz test, customers believe they are interacting with the actual product, but behind the scenes human beings are doing the work.

a good design is one that changes customer behavior for the better.

The Lean Startup is a set of practices for helping entrepreneurs increase their odds of building a successful startup.

Unfortunately, "learning" is the oldest excuse in the book for a failure of execution.

Functional specialists, especially those steeped in waterfall or stage-gate development, have been trained to work in extremely large batches. This causes even good ideas to get bogged down by waste. By making the batch size small, the sandbox method allows teams to make cheap mistakes quickly and start learning.

In effect, the huge productivity increases made possible by modern management and technology have created more productive capacity than firms know what to do with.

Part of the special challenge of being a startup is the near impossibility of having your idea, company, or product be noticed by anyone, let alone a competitor. In

of work. Over that period, we were making constant improvements to the

Half of those products are generating revenue today, and the rest are awaiting initial orders, all thanks to the power of working in small batches.

work in any size company, even a very large enterprise, in any sector or industry.

Every successful product or feature began life in research and development (R&D), eventually became a part of the company's strategy, was subject to optimization, and in time became old news.

Enable and empower teams to make fast and courageous decisions.

Entrepreneurship is management

What if we found ourselves building something that nobody wanted? In that case what did it matter if we did it on time and on budget? When I went home at the end of a day's work, the only things I knew for sure were that I had kept people busy and spent money that day.

Until we could figure out how to sell and make the product, it wasn't worth spending any engineering time on.

The problem for startups and large companies alike is that employees often follow the products they develop as they move from phase to phase. A common practice is for the inventor of a new product or feature to manage the subsequent resources, team, or division that ultimately commercializes it. As a result, strong creative managers wind up getting stuck working on the growth and optimization of products rather than creating new ones.

This tendency is one of the reasons established companies struggle to find creative managers to foster innovation in the first place. Every new innovation competes for resources with established projects, and one of the scarcest resources is talent.

Yet if the fundamental goal of entrepreneurship is to engage in organization building under conditions of extreme uncertainty, its most vital function is learning.

entrepreneur" should be considered a job title in all modern companies that depend on innovation for their future growth.

En los negocios, una empresa Lean es la eficiencia duradera en acción. El revolucionario método Lean Startup de Eric Ries convertirá su nueva idea de negocio en un resultado final exitoso y duradero. Encontrará innovadoras estrategias y los pasos necesarios para crear y gestionar su propia startup mientras aprende de éxitos y fracasos reales de los demás. Este libro es una lectura obligatoria para emprendedores que se sientan preparados para empezar algo genial.»