Download and customize hundreds of business templates for free
General Electric (GE) and Intuit are examples of companies that have successfully implemented the Metered Funding model. GE used this model to foster a culture of experimentation and validated learning, despite initial resistance from their traditional Employee Management System. Intuit, on the other hand, used this model to transition from a traditional hierarchical structure to a more entrepreneurial culture based on meritocracy.
Question was asked on:
A team at GE was making rapid progress in getting a new product to market but the project ran into a brick wall – the Employee Management System (EMS). Under the EMS every engineer had an annual goal to work toward that was evaluated in EMS based on a functional matrix for the particular position. The new project entailed increased rework, something that would be rated negatively in the EMS. Furthermore, EMS was based around an annual review cycle, something that was at odds with the new approach of experimentation and validated learning. The established human resources system wasn't designed for a method of working that entailed extreme uncertainty.
Asked on the following book summary:
The Startup Way — released in early-October 2017 — is the continuation of the award-winning The Lean Startup — both written by Eric Ries. The Lean Sta...
Download and customize hundreds of business templates for free
Has your project management approach led to exceeded budget and dragged out time-to-market? Our Agile Project Management presentation provides greater flexibility, transparency, and accountability for teams with complex projects that require rapid iterations.
As a leader, you wouldn’t make a decision without evidence. To gather and share data, use our AB Testing template, so your sales and conversions skyrocket fast.
Everyday, hundreds of sales presentations are met with insipid feedback and rejection. To avoid this, invest more energy and labor into the discovery and preparation process and deliver a top-notch client presentation with this customizable Sales Pitch Deck to hear nothing but a solid “Yes!” in the end.
Identify areas for improvement, boost efficiency and increase profit margins with our Value Chain Analysis Presentation. Use this deck to create a robust value chain and leave your competitors far behind.