The number is much smaller than you think. According to McKinsey's research of about 3,000 software and internet companies between 1980 and 2012, 72% percent of them failed to reach the $100 million revenue mark. Only about 3% (96 companies) made it to $1 billion in sales and only 0.5% (16 companies) made it to $4 billion in sales.
> People - A unique blend of left-brain and right-brain thinkers focused on solving the most pressing customer challenges
> Process - A disciplined and agile vetting process that enables rapid experimentation and validation of "problem-solution-value" equation
> Culture - A fail fast-frequent-cheap mindset with innovation as a core fabric of the entire organization, not just a privilege of select few
Please refer to my blog for more insights. less http://lnkd.in/h-yX-8
- PointRoll (Gannett Company)
- Cincinnati Bell Inc
- Science Applications International Corporation
> There is nothing IMPOSSIBLE in this world, even the word says "I" "M" "POSSIBLE”. – Sanjiv Karani
> To be successful (in any field), get your ACT (i.e. Attitude, Commitment, and Teamwork) together and inspire ACTION. – Sanjiv Karani
> Any innovation success requires two critical capabilities i.e. Meaning Making and Sense Making where Sense equals "Seed for the Need and Need for the Speed". – Sanjiv Karani
> Watch your thoughts; they become words.
Watch your words; they become actions.
Watch your actions; they become habits.
Watch your habits; they become character.
Watch your character; it becomes your destiny.
- University of ChicagoMBA
- Wright State UniversityMSEE
- University of MumbaiBE