Rapid Experimentation with New Entrepreneurial Strategies

 

 
   

Taking small steps in the opportunity pursuit to gradually build understanding

 

 

 

Vadim Kotelnikov innovation guru: entrepreneurial experimentation

Change starts when a higher-sighted leader sees the first step, gets prepared to win, and jumps in

~ Vadim Kotelnikov

 

Jump in!

You cannot really discover what the opportunity brings to you until you start moving, exploring it, and learning from feedback!

 

 

 

Rapid Experimentation vs. Rapid Implementation

Rapid implementation is about efficiency – it indicates projects in which it is known where to go and how to get there.

Rapid experimentation is about effectiveness – it refers to the innovative projects with a 'fuzzy front end' and an unclear path to a dream destination.

 

Efficient Effectiveness

Best Practices

6-step Method for Rapid Experimentation with  Opportunities

 

 

 

First Prepare To Win, Then Jump In

"Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win," wrote Sun Tzu, the author of The Art of War.

First play InnoBall entrepreneurial simulation game(s) with the new opportunity to strengthen your strategies. Then jump in.

 

Rapid Experimentation with Business Opportunities: play InnoBall

 

 

One World One Way Many Paths cultural differences East vs. West  

See farther by standing on "the shoulders of giants"

 

On the soulders of giants

 

Konosuke Matsushita advice quotes

No matter how deep a study you make. What you really have to rely on is your own intuition and when it comes down to it, you really don't know what's going to happen until you do it.

Konosuke Matsushita

 

Estee Lauder advice

Don’t be afraid of the trial-and-error approach.

Estee Lauder

 

Tagore quotes

If I can't make it through one door, I'll go through another door ‒ or I'll make a door. Something terrific will come.

Tagore

 

Michael Dell advice

There's a guaranteed element of risk in any business, so experiment – but experiment wisely.

Michael Dell<

 

Napoleon advice

On s'engage et puis on voit! (Let's jump into the fray, and then figure out what to do next.)

Napoleon

 

 

 

   

The Key to Business Success

 

 

 

 

Don't wait for the "right time" to come. The right time is NOW! Don't wait until your product or service is perfect. Nothing is perfect, everything can and should be improved.

 

Fast Company

SWOT Marketing

Fast To Market

 

 

Rapid Experimentation Invitive Thinking Feedback Is Your Elevator To Success Asking Searching Questions Learning SWOT Questions Vadim Kotelnikov Ten3 Business e-Coach Experimentation Grow Experimentation - the virtuous spiral of growth  

Rapid experimentation, learning from feedback, and making necessary adjustments is the key to business success. You must overcome procrastination and start moving. There's always too much to do and too little time... too many opportunities and possibilities with too few resources.

 

 

 

The best way to discover improvement opportunities is to experiment rapidly with what you have.

Obtain market feedback and readjust along the way.

  Rapid Entrepreneurial Experimentation: Learning SWOT Questions

 

 

Systemic Experimentation is about combining a set of experiments to get a desired set of results, a holistic feedback, a full picture view, and a strategic insight when implementing a complex-change and/or holistic-innovation project.

Head of Growth is best suited to lead systemic experimentation with entrepreneurial opportunities.

 

Opportunity-driven Business Development

Discover Opportunities

Proactive Futuring

 

 

 

 

Four Success Factors Relating to Experimentation

Peter Skat-Rordam, the author of Changing Strategic Direction, lists the following 4 success factors relating to rapid experimentation experimentation with entrepreneurial opportunities:

① A proven, integrated management team;

② Experience in start-up management and industry;

③ Ability to maintain focus on key success factors;

④ Appropriate general management and employee incentives.

 

Beta Testing

Prototyping

New Product Testing Tips

Use 80/20 Principle

Turn Problems To Opportunities

Head of Growth

T-shaped Specialist