How to Make “Pivot or Persevere” Decisions in Your Innovation Accounting
Innovation accounting shows you how to decide between four options for your project: pivot, persevere, kill, or scale.
203 articles on innovation, lean startup, and entrepreneurship
Innovation accounting shows you how to decide between four options for your project: pivot, persevere, kill, or scale.
As an early-stage venture, you don’t need a business plan, but you do need a hypothesis-driven business model from Day Zero.
Even the best-laid plans need to adapt and evolve to developing circumstances, by building agility into how we conceive and implement adaptive strategy in the first place.
Innovation boards work best when they make frequent, quick decisions and give their teams the freedom to interpret data for themselves.
An innovation-minded learning and development program should be a continuous exercise for any organization that wants to foster an innovative culture.
To avoid errors in your business forecasting, you have to know how to average your best-case and worst-case scenarios.
The decision to continue, pivot, or kill a project should be made by the innovation team running the project, not the board that funds it.
If you already control everything, know everything, and can do everything, then you don’t need an innovation strategy. Otherwise, yes, you do.
Every company wants to grow, but focusing on the wrong corporate growth metric can kill your business.
To succeed at business model innovation, we need outside perspectives to bounce ideas off of and to challenge us.
Data mining can swallow you in a void of ones and zeros. Here’s how to break through the haze and find the most useful information.
Attracting talent to your innovation project means thinking of potential teammates as customers and writing a value proposition that targets them.