Thursday, June 7, 2012

Vijay Govindarajan on how to learn through failing cheaply & quickly

This brief video from Vijay Govindarajan of the Tuck School at Dartmouth University illustrates a simple method for creating an effective innovation experiment. His recommendation: "Test your most critical unknowns as early and as inexpensively as possible."

This has some resonance with the "Smart Mistakes" article I recently posted on The 99 Percent.



Govindarajan is the co-author of "Reverse Innovation: Create Far From Home, Win Everywhere." We posted on that book earlier.

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