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Fear of Failure and Lack of Speed In a Large Corporation

Steve Blank, lecturer, Haas School of Business | March 11, 2015

I just spent a day working with Bob, the Chief Innovation Officer of a very smart large company I’ll call Acme Widgets. Bob summarized Acme’s impediments to innovation. “At our company we have a culture that fears failure. A failed project is considered a negative to a corporate career. As a result, few people want … Continue reading »

Do Pivots Matter?

Steve Blank, lecturer, Haas School of Business | January 14, 2014

There’s a sign on the wall but she wants to be sure
’ Cause you know sometimes words have two meanings Led Zeppelin – Stairway to Heaven In late 2013 Cowboy Ventures did an analysis of U.S.-based tech companies started in the last 10 years, now valued at $1 billion. They found 39 of these companies.  They called them the “Unicorn Club.” … Continue reading »

Who dares wins — 2nd annual int’l business model competition

Steve Blank, lecturer, Haas School of Business | February 17, 2012

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2nd Annual International Business Model Competition, hosted by Professor Nathan Furr, and his team at the BYU Center for Entrepreneurship. The idea of a Business Model competition first emerged when I realized that Business Plan writing ought to be taught in English Departments – as … Continue reading »