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Why Companies and Government Do “Innovation Theater” Instead of Actual Innovation

Steve Blank

The type of disruption most companies and government agencies are facing is a once-in-every-few-centuries event. Ultimately, companies and government agencies need to stop doing this or they will fail. By process I mean all the tools that allow companies and government to scale repeatable execution. Process Versus Product.

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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

This post is about the how the Chinese government engineered technology clusters. Of all the Chinese government programs, the Torch Program is the one program that kick-started Chinese high-tech innovation and startups. They provide consulting, promotion, product testing, hiring, training and incubation services to startups.

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The Helsinki Spring

Steve Blank

I presented to 1,000’s of entrepreneurs, talked to 17 startups, gave 12 lectures, had 9 interviews, chatted with 8 VC’s, sat on 4 panels, talked policy with 2 government ministers, 2 members of parliament, 1 head of a public pension fund and was in 1 TV-documentary. a government that’s trying to help, but gets in the way.

Finland 329
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Nokia as “He Who Must Not Be Named” and the Helsinki Spring

Steve Blank

I presented to 1,000’s of entrepreneurs, talked to 17 startups, gave 12 lectures, had 9 interviews, chatted with 8 VC’s, sat on 4 panels, talked policy with 2 government ministers, 2 members of parliament, 1 head of a public pension fund and was in 1 TV-documentary. Toxic Business Press and Contradictory Government Incentives.

Finland 332
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Is the Lean Startup Dead?

Steve Blank

He just hired Meg Whitman. Given the stock market was buying “the story and vision” of anything internet, inflated expectations were more important than traditional metrics like customers, growth, revenue, or heaven forbid, profits. Both companies and government agencies struggle with how to deliver innovation at speed.

Lean 335
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China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

The large players like Alibaba, Baidu and Tencent historically would be more likely to simply copy a startup’s features than to hire their talent. The Chinese government must be laughing hysterically over U.S. When the Chinese government censors (run by their propaganda department ) shutdown access to yet another U.S.

China 328
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How companies strangle innovation – and how you can get it right

Steve Blank

. — I just watched a very smart company try to manage innovation by hiring a global consulting firm to offload engineering from “distractions.” An existing company or government organization is primarily organized for day-to-day execution of its current business processes or mission. There’s a much better way.

Incubator 319