Companies like GE, Citibank, and Dropbox have borrowed a tool from startups to avoid getting boring and stuck
Large companies like GE and Citibank have in recent years developed project-focused teams that act like startups.
“The Lean Startup” author Eric Ries has guided many of these programs.
These companies utilize “growth board” meetings to ensure the efficiency of entrepreneurial goals.
When former General Electric CEO Jeff Immelt finished reading Eric Ries’ 2011 book “The Lean Startup” not long after it was published, he was so inspired that he soon made the book required reading for managers across the company and hired Ries as a consultant.
Immelt and Ries developed FastWorks, an initiative to implement Ries’ entrepreneurial ethos into GE, for …read more
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