Executing Lean Growth Strategies
The Business and Leadership website noted that lean thinking, customer development frameworks and business model innovation are transforming how new products are built and how growth strategies are developed. These frameworks help organizations design products that customers need and help reinvent their business models. Lean offers ways to cut work time and eliminate waste. Customer development takes a customer-centric approach to understanding customer needs and problems. The term ‘business model’ means the design of a business. Business model innovation looks at how a business reinvents itself in order gain competitive edge.
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