Experimentation is essential to the growth of all organizations. It fuels the discovery and creation of knowledge and leads to the development and improvement of products, processes, and business models. Without experimentation, we might still use rocks as tools and live in caves. With breakthrough technologies, it is now possible to perform a greater number of experiments in an economically viable way to accelerate the drive toward innovation.
Executive Update
About The Author
Stefan Thomke, an authority on the management of innovation, is the William Barclay Harding Professor of Business Administration at Harvard Business School. He has worked with global firms on product, process, and technology development, organizational design and change, and strategy.
Since joining the Harvard faculty in 1995, Professor Thomke has taught and chaired numerous MBA and executive courses on innovation management, R&D strategy,… Read More
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