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Adaptability and the ability to react quickly is paramount to successful product development. Typically, the project team can make better and/or faster decisions than management because they are closer to the details of the project. But, does decentralized decision-making mean leaders are out of a job? No, definitely not. As a leader, it is not…
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As a leader, it is not your responsibility to tell the project team how and what to do with the project, but rather it is to provide the necessary guidelines so they can make easy, adaptable and fast decisions. It’s getting everyone on board to achieve a common goal of a successful product. If you…
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An established organization cannot act like a startup. Can they learn from start-ups and apply techniques from startups? Yes. Recently, Waverly Duetsch, Clinical Professor of Entrepreneurship, University of Chicago Booth of School of Business reported[i] the burning question she gets from CEOs is “How can we be more entrepreneurial?” Her answer was that established organizations…
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