Different kinds of innovation A top 6 business book in its class according to The Economist, The Innovator’s Dilemma is it profound analysis of why leading companies fail to innovate and ultimately go bankrupt in the wake of disruptive innovation. The Harvard innovation management professor begins by distinguishing two different types of technologies: sustaining technologies and disruptive technologies.  Improving operations Well versed in top-notch execution incumbents excel at improving existing…

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Book Review : New to Big


 How to innovate in established companies? And why have incumbents lost the willingness to innovate?  In the beginning of the 20th century leaders were looking to developing reliable products aimed at serving a pressing customer need. But the 1960s large corporations looked to maximize shareholder value: they cut cost and increased efficiency to improve returns while neglecting to develop new products and failing to address new markets.   Today, each of the top 5 largest…

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Book Review : Running Lean by Ash Maurya


How to run a successful startup? How to draft a product development plan, a minimal viable product and pivot to a successful business model? Plus, when have entrepreneurs reached product market fit and when should one scale? An experienced entrepreneur, Ash Maurya addresses these topics in his foundational book, Running Lean. Develop a startup plan and de-risk your business Startups are a “risky business” and entrepreneurs’ real job is to “systematically…

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Book Review : The Lean Startup by Eric Ries


Eric Ries - author of The Lean Startup

What makes lean startups lean? In his groundbreaking book, Eric Ries begins by showing that startups are different from traditional companies. The Lean Startup and the traditional approach to innovation While incumbents can look at their past to guess what the future may hold in terms of market dynamics, customer behavior, distribution channels and product development, and resource allocation, startups are out in the Unknown. In…