How to Avoid Failing With Lean — It’s a System Mindset Problem
Why do large companies struggle with Lean Startup? The answer to this question can often depend on where you are considering the problem from.
Many experts have tried to address the question already. Some, very well, like Steve Blank in his recent interview with the MIT Sloan Review, others, not as much. But one thing is certain… I will not bore you with another shot at trying to do so.
Instead, this article is devoted to providing a more pragmatic approach to what large corporations must do to avoid failing with Lean Startup. While many have pointed at different reasons why the methodology has failed in large companies, such as GE, there’s still a consensus that it is valuable and effective, when correctly applied.
The Lean Startup works for successful startups, no one can deny that. The question now is what larger organizations can learn from this and implement to jumpstart their own innovation processes. That’s what I’m going to explain in this article.
Why Lean works so well in successful startups
The Lean Startup mindset was created specifically with startups in mind. According to Steve Blank, the philosophy stemmed from a realization that startups are not smaller versions of large companies. While this…