Lean Startup, to Lean Company, to Rich Exit
Forbes Books (Verlag)
979-8-88750-249-6 (ISBN)
Kenan was teaching at MIT in the 1980s and sought to validate his many academic theories in a real-world lab. So he founded a startup to begin testing innovations in organizational development—challenging nearly every business best practice of the 1990s and largely transforming those practices. Among Kenan’s critical insights into rich-exit business success include…
Suffusing the organization with a "teach and learn, learn and teach" mindset
Empowering every team member to practice "situational leadership"
Leveraging a lean team with "splitsuit" systems architecture development
Recruiting and retaining the nation’s finest talent by hiring based on aptitude > attitude > willingness > experience (in order of importance)
Turning performance reviews into company improvement exercises
Improving on traditional profit-sharing formulas with a "gain sharing" formula
Finding a way to reject outside funding and retain full ownership
Replacing notions of customer satisfaction with "customer success"
Finding the work/life balance that maximizes team productivity
Bridging disconnects between sales & production, end-users & IT, management, and R&D
Leaping the chasm from a service-based to a product company
Combining judicious simplification with ambiguity tolerance to master complex situations
Flattening internal communications so anyone can access anyone else
Making "smart interruptibility" an accepted practice at every level of the company
Developing the "bins, balls, and backplane" framework of modern user interfaces
Rejecting the "Big IP Lie" and writing "peace contracts" to drive rich-exit potential
After just 17 years, Kenan’s company, Kenan Systems, was acquired by Lucent Technologies and he remained the sole shareholder. Importantly to him, all of his 750+ employees also benefitted from the exit. This is the inside look at how it happened. This is a field-tested framework for building a lean startup into a lean company and then a rich exit—the perfect model for any aspiring entrepreneur.
Since Kenan also pioneered large scale commercial AI and big data systems, the framework and principles of innovation he developed are even more relevant in today’s marketplace.
DR. KENAN SAHIN is an academic, scientist, inventor, technologist, serial entrepreneur, and philanthropist. Educated at the Massachusetts Institute of Technology, he then served on the faculty at the MIT Sloan School of Management, at UMass Amherst, and Harvard. He founded Kenan Systems with $1,000, growing it into an international company with 750 employees before selling as the sole shareholder to Lucent/Bell Labs. He then ran Lucent’s Communications Software Group and served as Vice President of Bell Labs. Kenan’s numerous commendations include the World Economic Forum Technology Pioneer Award, the International Institute of Boston Golden Door Award, the Ellis Island Medal of Honor, the American Academy of Achievement Golden Plate, and the Ernst & Young New England Entrepreneur of the Year. He lives in Lincoln, Massachusetts; works in Lexington, Massachusetts; and vacations in Kennebunkport, Maine, and Bodrum, Turkey.
| Erscheinungsdatum | 01.03.2024 |
|---|---|
| Sprache | englisch |
| Maße | 152 x 229 mm |
| Themenwelt | Wirtschaft ► Betriebswirtschaft / Management ► Planung / Organisation |
| Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management | |
| ISBN-13 | 979-8-88750-249-6 / 9798887502496 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
aus dem Bereich
