Start-Up Mentality Syndrome

 

Let’s say you work for a large, publicly-traded company with say, sixty thousand or so employees.

And suddenly you’re hearing your bosses say “We must act more like a startup” at every meeting. “We must act more like a startup” has become a thing.

Yeah, well, 90% of startups go out of business in the first five years. Do your shareholders really want your bosses giving your company a 90% chance of implosion by 2024? Of course not.

What they really mean, of course, is that they have to shorten the road to innovation, punch above their weight in the nimble department.

And how do they do that? This wee video from Stanford Graduate School of Business Professor Charles O’Reilly has an interesting take. Worth watching.