How can the concept of 'Metered Funding' introduced in 'The Startup Way' be applied in today's business environment?

The Metered Funding model contributes to the success of pilot projects in 'The Startup Way' by providing a structured approach to funding. Instead of providing all the funds upfront, the model allocates funds based on the achievement of specific milestones. This ensures that the team is focused on achieving results and reduces the risk of wasting resources. It also allows for adjustments and pivots based on the learnings from each stage, thereby increasing the chances of the project's success.

The Startup Way introduces several key techniques to foster an entrepreneurial culture within large organizations. First, it emphasizes the importance of a growth mindset and continuous learning. Second, it introduces the concept of the "innovation accounting" to measure progress in a more meaningful and accurate way. Third, it advocates for the creation of cross-functional teams that can operate with autonomy and speed, similar to startups. Lastly, it encourages organizations to embrace uncertainty and to view failures as opportunities for learning and improvement.