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How To Track The Progress Of Business Experiments

Added on by Alexander Osterwalder.

The ultimate goal of business experiments is to learn, act, and make progress towards turning an idea into a real business. You achieve that by connecting the data from these experiments back to your initial hypothesis and the bigger picture.  

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Why Lengthy Business Plans Increase The Risk Of Failure

Added on by Alexander Osterwalder.

Business plans are great for execution challenges like building a new factory or expanding your sales force. However, insisting on a business plan when it comes to innovation and new ventures is a terrible idea. In fact, lengthy business plans often increase the risk of failure. Let me explain and offer an alternative.

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