"Move fast and break things" is outdated advice for startups.
Software ate the world—and there's more competition than ever.
Our startup learned the hard way to ignore this advice, and this is what happened:
There is a common issue of over-optimizing the metrics in business, which can damage the whole system.
Doing the wrong thing efficiently is actually worse than doing the right thing badly.
– Rory Sutherland
Sam Hinkie's resignation letter outlines his unconventional management approach, the Philadelphia 76ers' strategic goals, and reflections on decision-making, innovation, and the importance of long-term planning in building a successful basketball team.
"the gradual + slow build of something beautiful and substantial interests me more than suddenly giving into what feels convenient or pleasurable in one slice of a moment in time" https://t.co/SyooBOYZ4p
A league with 30 intense competitors requires a culture of finding new, better ways to solve repeating problems. In the short term, investing in that sort of innovation often doesn’t look like much progress, if any. Abraham Lincoln said “give me six hours to chop down a tree and I will spend the first four sharpening the axe.”