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Can an established organization act like a startup? No.

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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10 Key Steps To Developing A Business Model

Understanding your business model is crucial for evaluating the ability of the company to support a new product idea. Too often we see companies taking on a new product development project, only to discover late in the process that the company is missing key infrastructure, such as the appropriate distribution channels, expertise in key technologies…
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