2019
DOI: 10.1080/08956308.2019.1638224
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Using Lean Startup to Power Organizational Transformation

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Cited by 18 publications
(8 citation statements)
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“…Access to financial capital is cited as one of the primary barriers to starting a business (Hwang & Shin, 2019). As such, identifying factors that may help entrepreneurs increase their likelihood of acquiring capital for their new ventures can be important when making recommendations to improve the chances of entrepreneurial success.…”
Section: Discussionmentioning
confidence: 99%
“…Access to financial capital is cited as one of the primary barriers to starting a business (Hwang & Shin, 2019). As such, identifying factors that may help entrepreneurs increase their likelihood of acquiring capital for their new ventures can be important when making recommendations to improve the chances of entrepreneurial success.…”
Section: Discussionmentioning
confidence: 99%
“…However, there are instances where it becomes necessary to remove bureaucratic barriers and depart from organisational rules to increase the speed of innovation. Teams using Lean Startup need a certain level of autonomy to foster learning and building MVPs at the required pace, avoiding excessive reliance on other teams to address specific challenges (Edison, 2020;Hwang & Shin, 2019) while mitigating internal organisational tensions.…”
Section: Reduce Bureaucracy and Allow Autonomy To Experiments And Pivotmentioning
confidence: 99%
“…The formation of teams using Lean Startup principles, along with its motivation, is as important as identifying the right profiles . Equally significance is the design of an incentive structure that enables innovators to have a career path and participate in the success (Gaffney et al, 2014;Hwang & Shin, 2019), while specifying consequences if objectives are not achieved (Edison, 2020). These incentives need not be solely tied to financial benefits such as bonuses, salary increments, or shares.…”
Section: Motivate Employeesmentioning
confidence: 99%
“…The essence of any operational transformation is the need to increase value, continuously evolve your operating model and deliver exceptional products or services for your customers. 8 It has been previously outlined how organisations must instil a programme of change by making processes more efficient and effective as well as enabling an environment of continuous learning. 9 Nevertheless, transformation poses challenges and risks for any organisation seeking to undertake a radical change.…”
Section: Introductionmentioning
confidence: 99%