What Your Small Business Can Learn From GE’s Lean Startup Ideas

There is something uniquely fascinating about GE. The 122 year old company founded by Thomas Edison is innovative to the core.

What is particularly astounding is GE’s reluctance to ever rest on its accomplishments. GE has created a series of startups if you will designed to drive the large organization to constantly embrace the energy of a start-up. Why is this important? Please share. 

When a company is starting out they run lean avoiding protective silos and incremental bureaucracy. I strongly encourage you to read the article. Below is an image on the process. I’d like for you to consider how your organization would operate if you had “Neutron Jack” at the helm now.

“We’ve gotten complex, gotten bureaucratic, but I think this could be a way for people to get things done faster and smarter,” says Wei Shen, general manager of the GE health-care group developing the scanner.”

Read full article via GE Taps Lean Startup Ideas for Faster, Cheaper Product Rollout – Businessweek.

About

Jim Woods is president of The Jim Woods Group. A management consulting firm. Go here to see his work www.jimwoodsgroup.com. He advises and speaks to organizations large and small on how to increase top line growth in times of uncertainty and complexity. Some of his speaking and consulting clients include: U.S. Army, MITRE Corporation, Pitney Bowes, Whirlpool, and 3M. See more at his website www.jimwoodsgroup.com.

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Posted in Innovation, Leadership

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