Here's the companion post to the previous article that features the long & winding road in dealing with online education, and confronts disruption head-on.
- Innovation in New Markets do not come from “overarching strategies”
- It comes out of opportunity, chaos and rapid experimentation
- Solutions are found by betting on a portfolio of low-cost experiments
- The road for innovation does not go through committee
One useful purpose a university committee could have had was figuring out what the goal of going online was. [The example in the article is education based.]
...it is so complex that figuring out the one possible path to a correct solution is computationally incalculable.
...the path to implementing online education is not known. In fact, it’s not a solvable problem by committee, regardless of how many smart people in the room. It is a “NP complete” problem – it is so complex that figuring out the one possible path to a correct solution is computationally incalculable.
By: Steve Blank, author, teacher of entrepreneurship and consultant who has reshaped how startups are created. He is coauthor of the recently published, The Startup Owner’s Manual (K&S Ranch, 2012).