{"product_id":"lean-startup-to-lean-company-kenan-e-sahin-9798887502496","title":"Lean Startup, to Lean Company, to Rich Exit: How to Apply Kenan System's $1000 In, $1.5 Billion Out Principles to Today's Startups","description":"\u003ci\u003eLean Startup, to Lean Company, to Rich Exit\u003c\/i\u003e shares the remarkable story of Dr. Kenan Sahin, who took $1,000 in savings and used it to undertake the most extraordinary entrepreneurial journey, culminating with a $1.54 billion rich exit. \u003cp\u003e\u003c\/p\u003eKenan was teaching at MIT in the 1980s and sought to validate his many academic theories in a real-world lab. So he founded a startup to begin testing innovations in organizational development--challenging nearly every business best practice of the 1990s and largely transforming those practices. Among Kenan's critical insights into rich-exit business success include...\u003cbr\u003e\u003cul\u003e \u003cli\u003eSuffusing the organization with a \"teach and learn, learn and teach\" mindset\u003c\/li\u003e \u003cli\u003eEmpowering every team member to practice \"situational leadership\"\u003c\/li\u003e \u003cli\u003eLeveraging a lean team with \"splitsuit\" systems architecture development\u003c\/li\u003e \u003cli\u003eRecruiting and retaining the nation's finest talent by hiring based on aptitude \u0026gt; attitude \u0026gt; willingness \u0026gt; experience (in order of importance)\u003c\/li\u003e \u003cli\u003eTurning performance reviews into company improvement exercises\u003c\/li\u003e \u003cli\u003eImproving on traditional profit-sharing formulas with a \"gain sharing\" formula\u003c\/li\u003e \u003cli\u003eFinding a way to reject outside funding and retain full ownership\u003c\/li\u003e \u003cli\u003eReplacing notions of customer satisfaction with \"customer success\"\u003c\/li\u003e \u003cli\u003eFinding the work\/life balance that maximizes team productivity\u003c\/li\u003e \u003cli\u003eBridging disconnects between sales \u0026amp; production, end-users \u0026amp; IT, management, and R\u0026amp;D\u003c\/li\u003e \u003cli\u003eLeaping the chasm from a service-based to a product company\u003c\/li\u003e \u003cli\u003eCombining judicious simplification with ambiguity tolerance to master complex situations\u003c\/li\u003e \u003cli\u003eFlattening internal communications so anyone can access anyone else\u003c\/li\u003e \u003cli\u003eMaking \"smart interruptibility\" an accepted practice at every level of the company\u003c\/li\u003e \u003cli\u003eDeveloping the \"bins, balls, and backplane\" framework of modern user interfaces\u003c\/li\u003e \u003cli\u003eRejecting the \"Big IP Lie\" and writing \"peace contracts\" to drive rich-exit potential\u003c\/li\u003e \u003c\/ul\u003e\u003cbr\u003eAfter just 17 years, Kenan's company, Kenan Systems, was acquired by Lucent Technologies and he remained the sole shareholder. Importantly to him, all of his 750+ employees also benefitted from the exit. This is the inside look at how it happened. This is a field-tested framework for building a lean startup into a lean company and then a rich exit--the perfect model for any aspiring entrepreneur. \u003cp\u003e\u003c\/p\u003eSince Kenan also pioneered large scale commercial AI and big data systems, the framework and principles of innovation he developed are even more relevant in today's marketplace.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Kenan E. Sahin\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9798887502496\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Forbes Books\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 03\/26\/2024\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 240\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.10lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.10h x 6.00w x 1.10d","brand":"Kenan E. Sahin","offers":[{"title":"Hardcover","offer_id":48799045517567,"sku":"9798887502496","price":24.99,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/lean-startup-to-lean-company-kenan-e-sahin-9798887502496","provider":"WR Book House","version":"1.0","type":"link"}