Lean Startup Newsletter August 18, 2014

The Lean Startup Newsletter - August 18, 2014

The Lean Startup Newsletter - August 18, 2014 by Eric Ries

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The Lean Startup Newsletter

August 18, 1014

 By Eric RiesRead in browser

Over the last two years, I got the chance to work with General Electric as they instituted what I believe is the largest implementation of the Lean Startup to date. During that time, I traveled to all of their headquarters, met with all of their CEOs, and shared the Lean Startup methodology with thousands of their managers. 

A recent article in BloombergBusinessweek highlights some of what GE’s entrepreneurs and startups teams have been up to since I first spoke about these ideas to GE's officers. 

“GE has enlisted tech entrepreneur Eric Ries to help develop FastWorks, based in part on his bestseller The Lean Startup… Now GE is adopting that playbook to speed the rollout of products ranging from lightbulbs to gas turbines to refrigerators. The company has already trained 40,000 employees under the new initiative, one of the largest in GE’s 122-year history… ’This thing is the new Six Sigma,’ says Nicholas Heymann, an analyst at William Blair. ‘It’s exponentially more significant than a traditional corporate restructuring. In this case, you’re trying to transform how you do business.’”

What We’re Reading:

Once again Steve Blank takes biz school apart and puts it back together.

Blind selection and looking beyond the usual suspects: attempts to increase the diversity of late-night TV. 

Yet another bit of great writing from business writer and Stony Brook University assistant professor Noah Smith. 

New blog post from Lean Startup speaker and Running Lean author Ash Maurya about the importance of revenue.

Upcoming events: 

Steve Blank joins Brant Cooper for a conversation on a range of topics relevant to entrepreneurs and the startup community. 

Learn essential scaling concepts and principles from Stanford professors Huggy Rao and Robert Sutton.

Course Dates: September 15, 2014 - October 19, 2014Register By: September 12, 2014 

Lean Startup Machine, New York

Oct. 3-5, 2014

The 2014 Lean Startup Conference 

Dec 8-12, 2014

San Francisco, CA

Other cool stuff:

Lean Startup Conference 2014 speakers Cindy Alvarez and Alistair Croll are pitching a workshop for #SXSW

A summer startup competition from principal investment firm RightVentures

Submit by September 30, 2014

Be a Lean Startup mentor

Do you have experience with startups or with innovation in established companies? For a popular series of speed-mentoring events, Lean Startup Productions is seeking mentors with many kinds of business experience and advice to share.

Apply here.