Lean, smart and agile - the rise of the lean start-up

In my time as a Banking Director during the dotcom crash, it wasn't difficult to identify some common features of those start-ups that failed to transition into growth:  ambitious and over-engineered business plans, high running costs, and an inability to react to changing market conditions.  Later experiences as an operational excellence practitioner, deploying lean six sigma, helped me appreciate the need for start-ups to to treasure their cash and harness their enthusiasm in a more informed way.  
 

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