The lean startup approach has taken the entrepreneurship world by storm. Even established companies such as Dropbox, Slack, and General Electric have embraced it as a way to rapidly test and refine ideas for products or businesses. But is lean startup all it’s cracked up to be?
To Make Lean Startups Work, You Need a Balanced Team
Researchers found educationally diverse teams perform better, but adding MBAs to the mix has both negative and positive effects.
April 23, 2021
Summary.
The lean startup approach for developing new products or businesses has become popular among companies large and small. But is the approach really effective? An extensive study found that it is — but the approach doesn’t work equally well for everyone. While teams whose members had diverse educational backgrounds were more effective, adding MBAs to the mix had both negative and positive effects. This articles suggests how to use the findings to create more effective teams had better.
New!
HBR Learning
Business Case Development Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Business Case Development. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Make your next business case more compelling.
Learn More & See All Courses
New!
HBR Learning
Business Case Development Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Business Case Development. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Make your next business case more compelling.