Operations

Philosophy Helps Start-Ups Move Faster

"Lean isn't about being cheap [but is about] being less wasteful and still doing things that are big," says Eric Ries, an entrepreneur whose projects include There Inc. and IMVU Inc., and a proponent of what he calls lean start-ups. The  lean startup philosophy aims to help new companies make speedier decisions by taking a more disciplined approach to testing products and ideas and using the resulting customer feedback. For instance, instead of building a software product with multiple features over months Ries advices continually deploying new software to test whether customers actually want a particular feature. (The Wall Street Journal) See the LEI webinar with Eric Ries in the Webinar Library: https://www.lean.org/Events/WebinarHome.cfm