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The lessons from The Startup Way can be applied in today's business environment by embracing entrepreneurship as a core discipline. This involves fostering a culture of innovation and agility, where new ideas are welcomed and acted upon, rather than being stifled by bureaucracy. It also means being comfortable with uncertainty and being willing to take calculated risks. This approach can help businesses to stay competitive in a rapidly changing market.
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Established organizations usually lack the ability to act on new ideas, being encumbered with layers of bureaucracy that have built up over many years or even decades. No-one is explicitly in charge of grappling with uncertainty. Even hyper-growth startups can end up with big company structures. Instead, a modern company should recognize entrepreneurship as a core discipline.
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...
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