Ranjit Das

Talk

FastWorks: Lean Startup at GE

A recent Harvard Business School article highlighted GE's adoption of Lean Startup principles:

"GE has responded to this drive for speed and need to align more closely with customers' needs by using a new technique called "FastWorks." It's a framework for entrepreneurs, building on "The Lean Startup" by Eric Ries."

As a Fastworks Mastertrainer and coach Ranjit Das - former CLO for GE Oil & Gas - has trained over 1000 GE managers on how the Lean Startup methodology can improve business outcomes. Ranjit's session will share his experience with Fastworks in GE.

Ranjit will describe specific approaches GE has taken to help embed the Lean Startup culture:

• Establishing cross-functional teams to work on New Product Introductions (NPI)
• Refocusing of the NPI budget to be more customer orientated
• Establishing an internal Venture Capital board to fund NPIs
• Merging of the traditional NPI tollgate approach with the Lean Startup approach
• Treating genuine new product development differently from 'product enhancements' or 'product extensions'

corporate innovation company culture

About Ranjit Das

Ranjit spent the last two years in GE as a Master trainer and Coach rolling out the successful ‘Fastworks’ program. He trained over 1000 Product Managers and Engineers on the Lean Startup principles.

He is now established as an independent Lean Startup Coach and supports other companies successfully bringing new products to market.