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The Innovator s Hypothesis How Cheap Experiments Are Worth More Than Good Ideas 1st edition by Michael Schrage 0262323055 9780262323055

Name: The Innovator s Hypothesis How Cheap Experiments Are Worth More Than Good Ideas 1st edition by Michael Schrage 0262323055 9780262323055
SKU: EB-5284450
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The Innovator s Hypothesis How Cheap Experiments Are Worth More Than Good Ideas Michael Schrage Digital Instant Download

Author(s): Michael Schrage

ISBN(s): 9780262028363, 0262028360

Edition: 1st

File Details: PDF, 1.96 MB

Year: 2014

Language: English

SKU: EB-5284450 Category: Business & Economics - Management & Leadership Tag: Michael Schrage

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The Innovator s Hypothesis How Cheap Experiments Are Worth More Than Good Ideas 1st edition by Michael Schrage – Ebook PDF Instant Download/Delivery: 0262323055, 9780262323055
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ISBN 10: 0262323055

ISBN 13: 9780262323055

Author: Michael Schrage

Achieving faster, better, cheaper, and more creative innovation outcomes with the 5×5 framework: 5 people, 5 days, 5 experiments, $5,000, and 5 weeks What is the best way for a company to innovate? Advice recommending “innovation vacations” and the luxury of failure may be wonderful for organizations with time to spend and money to waste. The Innovator’s Hypothesis addresses the innovation priorities of companies that live in the real world of limits. Michael Schrage advocates a cultural and strategic shift: small teams, collaboratively—and competitively—crafting business experiments that make top management sit up and take notice. He introduces the 5×5 framework: giving diverse teams of five people up to five days to come up with portfolios of five business experiments costing no more than $5,000 each and taking no longer than five weeks to run. Successful 5x5s, Schrage shows, make people more effective innovators, and more effective innovators mean more effective innovations.

The Innovator s Hypothesis How Cheap Experiments Are Worth More Than Good Ideas 1st Table of contents:

I The Innovator’s Hypothesis
1 The Innovator’s Vision
2 What Is a Business Hypothesis? What Are Business Experiments?
II The Innovator’s Focus
3 Ideas Are the Enemy
4 Simple, Fast, Cheap, Smart, Lean, Important
5 The Fundamental Value Innovation: Stealing from Warren Buffet
6 Investing in Experiments
III The Innovator’s Portfolio
7 Blockbusted: A Case Study in Experimental Frustration and Failure
8 Exploring and Exploiting Experimentation: The 5×5×5 Approach
9 The 5×5 Portfolio: Three Real World Examples
10 Key Steps to the 5×5
IV The Innovator’s Culture
11 Crafting Great Business Experiments: Three Themes
12 A Guide for X-Teams
13 What Makes “Hypothesis” So Hard?
14 Q & A
V Exploring the 5×5 Exponential Future
15 Experimenting with Experimentation
Appendix: The Innovator’s Hypothesis Math