General Catalyst’s Post

When thinking about the best, most innovative companies in the world, the core theme that aligns them all together is this emphasis on progress, not perfection. The companies that thrive, regardless of what is going on the economy, are the ones that are nimble enough to run multiple experiments at the same time, diagnose which experiments are achieving progress, and then experiment further until a desired result is achieved. Do you like more topics like this? Schedule a conversation with Garrett to learn more. Click here:https://lnkd.in/eQ89k5Y #leadershipgrowth #executivedevelopment

Check out this video where you will explore the vast opportunities brought about by digital transformation. From enhancing efficiency to opening new avenues for innovation. Digital transformation is reshaping industries worldwide. Nexford University

If you are interested in innovation, business and how to reignite some of the stagnation in America then I have a fantastic book recommendation for you! Written by my cousin who did thorough research and presents a compelling and optimistic path forward. 

Just wrapped up a dynamic session in my Analysis of Corporate Policy class at FIU Chapman Graduate School of Business where we navigated the strategic contours of Wright's seminal 1987 paper. We explored how Wright reimagined Porter's iconic strategies to better fit the fast-paced and diverse terrain of today's business world. 🌐💼 Wright didn't just revise the roadmap; he gave us a GPS for strategic decision-making. He understood that a startup's agility and a multinational's might call for different navigational tools. We dissected how being cost-effective is more than just slashing prices – it's about smart investments in tech and processes. Differentiation isn't merely about standing out, but about telling a story that resonates. And focusing? It's about knowing your lane and owning it, ready to shift gears as the market evolves. 🚀 Today's class was more than just a lesson; it was a strategic awakening, reminding us that change is the only constant in business. Thanks to Lucia De Paz for capturing this moment of intellectual exploration – the energy in the room was electric! ⚡ Stay adaptable. Stay strategic. #BusinessStrategy #Wright1987 #StrategicManagement #InnovationInEducation #SaturdaySchool

VIDEO #2 THE KNOWLEDGE BUILDING LOOP AND THE WRIGHT BROTHERS In this short video, I explain the Knowledge Building Loop using details about the Wright brothers’ journey to teach the world how to fly. The feedback about this loop from some heavyweight thought leaders (especially systems thinkers) is that they appreciate how such a simple loop handles complex situations and facilitates novel insights. Awareness of the components of the loop can shake us out of paying little attention to how we know what we think we know. We tend to be on automatic pilot and, for example, can easily ignore the invisible pull of our worldviews in shaping how we perceive problems, design proposed solutions, and select the data we plan to gather to test out these proposals. The heart of a successful innovation process within a firm is fast and effective traversing of the Knowledge Building Loop. The Wright brothers were highly skilled in doing exactly that.  https://lnkd.in/eNcDfJDQ  

What a pleasure doing a fireside chat yesterday with Miles Arnone, CEO of Re:Build Manufacturing at the #toughtech Summit. So many insights, here’s my favs: 1. I love his definition of #LEAN = “Continuous improvement through respect for people” - its not about cutting costs, its about getting better - a little bit each and every day. 1% a day is a massive CAGR of excellence! 2. #Innovation Without Production Is A Dead End - This is especially true in tough tech where the learning is all about innovate, build, test, repeat…you need to be thinking about building & manufacturing throughout the journey. 3. The “Trades” Matter - We need to rethink the skills we value and invest in. College is the right path for many, but increasingly we need so many more trained folks with real skills who can build real things. To make this a reality, we need to value and respect this as the best and highest path for many young people. 4. #Collaboration is Critical - the best way to do amazing things fast is to build the right collection of people who closely collaborate to achieve greatness. This is true for teams, but also for companies who are able to effectively partner to make 1+1 = 10! And finally, I was once again reminded of, and inspired by, the power of clear thinking, conviction and a compelling Mission, Vision and Values. Thank you Miles! Learn more at: https://lnkd.in/ekhaVSr2 Thank you to my teammates at Engine Ventures and The Engine Accelerator for putting on yet another amazing Summit and bringing together a powerful collection of innovators, leaders, investors and tough tech’ers! Onward! #leadership #innovation #impact

Innovation is key to business success, driving growth and creating new opportunities. At Birmingham City Business School, we delve into the processes and strategies that make innovation a catalyst for change. Learn how leading businesses harness innovation to enhance their profitability and productivity. Visit our website to see how our programs can help you innovate! #InnovationManagement #BusinessGrowth #CreativeThinking

Fine insights ! Routines is an interesting addition, well called out and adds rigor to the frame. "In our experience, the companies that successfully build these kinds of distinctive capabilities tap six elements: vision, employees, culture, technology, organizational structure, and routines."

Armed with fresh perspectives and a relentless pursuit of progress, these rising stars are set to take the industry forward into a new era of unprecedented growth and efficiency.

Find yourself a group of colleagues like I have at Duke Innovation and Entrepreneurship. 🦄 ✨ 🚀 ◾ Colleagues that can achieve some truly inspiring goals that we set for ourselves this year. ◾ Colleagues that can continually practice what we preach, applying an entrepreneurial mindset to how we teach, share, and engage. ◾ Colleagues that can adapt to an ever-changing student audience, adjusting the way we deliver our programs to get stuff done to meet the needs of today's students. We're not perfect. We stub our toes occasionally. We will not achieve _all_ of our goals. But the right team gives you the best shot. How do you know a great team? There are a lot of potential ways, but here are a few that I see with our team here: 🎯 Clarity of purpose: Our goals are clear, even if the way we accomplish them requires a lot of iteration. If you don't know where you are going, how will you know when you get there? 💪 Aligned with strengths: We're not robots. We do some things better than others. Does your team appreciate your strengths and seek ways to leverage those as much as possible? 😂 Doesn't take itself too seriously: One of our Duke I&E values is having fun, which at today's staff meeting meant me receiving the coveted "Unicorn" award, complete with a pitch-perfect back-handed compliment from a colleague attached. When was the last time you laughed at work? What other elements have you seen in an amazing team?