Founders Flash: The Answer Is Project Management

Ever since the term “Lean Startup” entered the business lexicon in 2008, businesses have followed a consistent trajectory: go flat or go home. The lean startup methodology follows the philosophy that if startup companies invest their time in building products/services to meet needs of early customers, they can reduce market risks and sidestep the need for large amounts of initial project funding.

While running a lean startup with a flat organizational model provides flexibility that’s necessary for survival in today’s business world, it also comes with drawbacks including changes in goal prioritization and in the business’ scope or focus.

The answer is project management – hiring an employee dedicated to planning, executing, controlling, and completing specific company goals.

Learn how to incorporate project management into your startup, and more in this edition of Founders Flash.

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