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Emerging from the influential work, 'The Startup Way,' Diagram 5 qualifies as an essential chapter for anyone aspiring to transform their organization's culture with innovative practices. Reflecting on the 'Lean Manufacturing' techniques that the book is known for, this chapter specifically visualizes the concept of 'Metered Funding.' It outlines how to allocate resources and funding efficiently to successful projects. Moreover, it contributes to understanding how an entrepreneurial culture rooted in meritocracy can be cultivated. The content of Diagram 5 builds upon established principles, shaping an organization's mindset towards proactive innovation and sound financial decision-making.
This chapter is part of our The Startup Way book summary.
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