And you've crafted a business plan so detailed it's a work of art. Don't get too attached to it.As John Mullins and Randy Komisar explain in Getting to Plan B, new businesses are fraught with uncertainty. To succeed, you must change the plan in real time as the inevitable challenges arise. In fact, studies show that entrepreneurs who stick slavishly to their Plan A stand a greater chance of failing-and that many successful businesses barely resemble their founders' original idea.The authors provide a rigorous process for stress testing your Plan A and determining how to alter it so your business makes money, solves customers' needs, and endures. You'll discover strategies for:-Identifying the leap-of-faith assumptions hidden in your plan-Testing those assumptions and unearthing why the plan might not work-Reconfiguring the five components of your business model-revenue model, gross margin model, operating model, working capital model, and investment model-to create a sounder Plan B.Filled with success stories and cautionary tales, this book offers real cases illustrating the authors' unique process. Whether your idea is for a start-up or a new business unit within your organization, Getting to Plan B contains the road map you need to reach success.

    It seems hard to believe today, but there was a time when Airbnb was the best-kept secret of travel hackers and couch surfers, Pinterest was a niche web site frequented only by bakers and crafters, LinkedIn was an exclusive network for C-suite executives and top-level recruiters, Facebook was MySpace's sorry step-brother, and Uber was a scrappy upstart that didn't stand a chance against the Goliath that was New York City Yellow Cabs.So how did these companies grow from these humble beginnings into the powerhouses they are today? Contrary to popular belief, they didn't explode to massive worldwide popularity simply by building a great product then crossing their fingers and hoping it would catch on. There was a studied, carefully implemented methodology behind these companies' extraordinary rise. That methodology is called Growth Hacking, and it's practitioners include not just today's hottest start-ups, but also companies like IBM, Walmart, and Microsoft as well as the millions of entrepreneurs, marketers, managers and executives who make up the community of GrowthHackers.com.Think of the Growth Hacking methodology as doing for market-share growth what Lean Start-Up did for product development, and Scrum did for productivity. It involves cross-functional teams and rapid-tempo testing and iteration that focuses customers attaining them, retaining them, engaging them, and motivating them to come back and buy more. An accessible and practical toolkit that teams and companies in all industries can use to increase their customer base and market share, this book walks readers through the process of creating and executing their own custom-made growth hacking strategy. It is a must read for any marketer, entrepreneur, innovator or manger looking to replace wasteful big bets and "spaghetti-on-the-wall" approaches with more consistent, replicable, cost-effective, and data-driven results.

    We are puzzled by the consequences of capitalism, whose material benefits and comforts we enjoy every day, but which also divides rich from poor, consumes so much of our energies, and does not always lead to a more contented life. In a world that is super-efficient, highly productive, and too often soulless, how do we quench our spiritual "hunger"?In The Hungry Spirit, one of the most visionary business thinkers of our age offers a powerful argument for reexamining the role of work in our lives and discovering what we are truly meant to do and to be. Calling on individuals and organizations to find purpose in the journey we take rather than focusing on money and profits, which are simply the means to keep us going, Handy shows how we can all better ourselves and our companies while also contributing to a decent society.As an oil executive, world-renowned economist, consultant, and professor at the London Business School, Handy himself was once no stranger to the trappings and fortunes of capitalism. But several years ago, Handy realized that he, like many of us, had placed too much significance on job titles and career success to the exclusion of his family, friends, and, especially, the fulfillment of his need to become a complete person, not just a worker slaving away in corporate machinery. He set about looking for what he calls his "white stone"--a symbol of the higher self that represents our true destiny, what you can become when you don't let titles and money and societal pressures get in the way.Just as Handy urges all of us to seek our "white stone" and take greater responsibility for shaping our lives, he also entreats companies and organizations to push themselves to new heights by sticking to a clear-cut purpose. Companies, like individuals, can only grow if they embrace risk and break rules and attract people looking to turn dreams and new ideas into businesses that consumers and investors are excited about. Rather than trying to rally coworkers around a quarterly profit goal, companies must treat employees as citizens, as well as behaving as corporate citizens within the wider community. Handy calls for corporations to take a greater role in upholding the moral structure of society and to use their power to distribute knowledge and wealth to those who need the opportunity to develop--which will one day benefit us all.A rare combination of engaging storytelling, philosophical exploration, and down-to-earth wisdom, The Hungry Spirit offers readers a powerful tonic for the profit-driven lives we've prescribed for ourselves and an inspiring message of hope.From the Hardcover edition.