Steve Blank, the father of Lean Innovation explains how companies and government agencies can innovate at the speed of a startup.
Steve Blank, the father of Lean Innovation, explains how companies and government agencies can innovate at the speed of a startup. He adds that innovation development requires a physical activities/place (like hackathons), a methodology (such as lean), pedology (such as lean launchPad/I-Corps), metrics, and funding. He explains that an organization that executes AND innovates is what he calls an "Ambidextrous Organization". Ambidextrous Organizations achieve breakthrough innovations while relentlessly improving the way they execute current business models and service existing customers. Lean Innovation has become a core concept to understand our current business environment.