But at Tampere University Hospital in Finland, doctors were recently able to test a two-day-old, 6-pound baby for meningitis using a smart needle that removed much of the risk and made the process less painful.
It’s not enough to simply “get” the startup mentality. Executives who want to use lean startup principles to compete in today’s fast-paced economy must do the hard work needed to transform their companies.
Every company seems to be a startup these days — or at least they try to act more like one.
The Fortune 500’s success at “optimizing at will” has come at a cost. To survive in today’s fast-paced global economy, it’s time to focus the ability to “grow at will.” You need to install a Growth Operating System.
Ask a Fortune 500 CEO, “How many $50 million companies did you launch last year?” The answer should be: “many.” A great company should be teeming with growth. But more likely than not, the answer you’ll get is: “zero.”
According to the 2014 GE Global Innovation Barometer, which surveyed 3,200 innovation executives in businesses of various sizes and industries across the globe, 85 percent said their companies were working on strategies to create partnerships with startups and entrepreneurs.
“Everything is turned upside down!” the cabbie shouts, pumping his arm up and down in the air. “Five years ago it was not like this!” he cries.
The taxi driver is not talking about Midtown Manhattan traffic. He is from Alexandria. Not the Alexandria we know on the Washington Beltway, but the Alexandria in Egypt, named after Alexander the Great.