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Innovation

Digital Magic: How Eric Ries Brought The Startup Way to GE

Ashley Kindergan
October 31, 2017
Silicon Valley is famous for developing products in sprints, failing fast and trying again — a cycle that, superficially at least, bears little resemblance to the painstaking, multiyear process of building big industrial machines.
Yet, when the entrepreneur and author Eric Ries first visited GE in 2012, he envisioned possibilities for how the company could apply the Silicon Valley playbook to the development of a new engine. The idea was to make the designers think more like they were working for a startup.
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fastworks

The Startup Power Plant: These Engineers Are Building Turbines The Silicon Valley Way

Bruce Watson
May 03, 2017
Many management experts are obsessed with "startup culture," the particular mix of vision, energy and nimbleness that allows companies to take an idea, rapidly prototype it and get it to market in short order. But could the same spirit live inside a large industrial company? GE thinks so, with the help of FastWorks, its speedy product-development initiative. In fact, engineers at GE Power just used it to improve a popular gas turbine.
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startups

A Successful Startup Approach Is About Answering the Right Questions — Interview with Eric Ries

Eric Ries Entrepreneur And Author Of The Lean Startup
April 10, 2016

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.
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Energy

Lorenzo Simonelli: Let’s Have the Courage to Change the Things We Can

Lorenzo Simonelli GE
February 02, 2016

Instead of living in fear of uncertainty in oil markets, we must think creatively and collaboratively to change the future of the industry.

 

I won’t be the first oil executive to tell you that we live in a time of great uncertainty. The most visible indicator of that uncertainty is today’s low oil price and the impact that is having on our industry: on investment, on jobs, on our employees, their families and communities.
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Lean Startup

Why Every Business Needs to Become a Startup — Interview with Eric Ries

Eric Ries Entrepreneur And Author Of The Lean Startup
January 27, 2016

Amid a growing fear of “Digital Darwinism,” executives are embracing the startup ethos to stay competitive in the fast-paced global economy.

 
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Innovation

David Kidder: Taming Big To Bigger — Fostering New to Big

David S Kidder Author Of The Startup Playbook Co Founder Of Bionic
January 24, 2016

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.”
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Keep Calm and Carry On: This Software Helps Hold Ships Steady in Heavy Seas

October 29, 2014

One of the many characters in Melville’s Moby Dick is Bulkington, an intrepid sailor for whom “land seemed scorching to his feet” and who on a “shivering winter’s night” thrust the mighty ship Pequod’s “vindictive bows into the cold malicious waves,” as it set out on its fatal whale hunting expedition.

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