How Thinking Like a Startup Helps Governments Solve More Problems
How Thinking Like a Startup Helps Governments Solve More Problems
-ARTICLE BY DINESH KUMAR .M
Hello everyone , I am Dinesh kumar and I am here to discuss How Thinking Like a Startup Helps Governments Solve More Problems.
As we work on challenging public problems, embracing the entrepreneurial spirit can help in developing solutions, says Harvard Business School Professor Mitchell Weiss in a new book, We the Possibility: Harnessing Public Entrepreneurship to Solve Our Most Urgent Problems.
Weiss explains in nine chapters how entrepreneurs both inside and outside of government can tackle problems by viewing them as opportunities, trying new ideas, scaling them up, and improving public life.
“I’m not saying we should take all the behaviors of entrepreneurs and import them into government. But we should be adapting the skills and practices of entrepreneurship for the public sector,” he says.
One thing he has learned during his years in public service: Officials don’t cut projects loose when they are failing, nor do they scale projects when they are succeeding.
“Anybody who has ever been close to the public sector will recognize this problem of pilots that are left to linger,” Weiss says. “And if public entrepreneurship is going to work, we have to cut off the failing projects and invest in those that are working. So it’s essential for us to try new things in quick and efficient ways and move on from them, eventually, if the original idea does not prove fruitful.”
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