Rebootstrap
This is a Bootstrap Service offered by the Bootstrap Network to large companies.
Description
As companies evolve through the stages of Ideation, Valley of Death and Growth, they move into a sustained period where optimization and improvement of the discoveries from the first VoD occur. There comes a time, however, when large companies need to rebootstrap themselves, i.e. tap into bootstrapping as an innovation process to develop entirely new products and services. These organizations have bootstrapping in their DNA and it is a matter of reminding them, bringing bootstrapping to the surface and systematizing it by tapping into the people, knowledge and resources of the organization.
Many organizations have embarked on adhoc rebootstrapping efforts in the past. Examples such as the Post-It Note at 3M, Frappuccino at Starbucks, the deskjet printer at HP are all examples of adhoc rebootstrapping. Virgin is an example of a systematic rebootstrapper, constantly developing new products and services and taking them through the three stages of development.
Based on the lessons learned from adhoc rebootsrap efforts, organizing the Bootstrap Network and working with entrepreneurs, we offer a comprehensive Rebootstrap Program to aid organizations in systematic rebootstrapping
Elements of a Rebootstrap Initiative
- Educate executive and innovation teams through interactive talks and Boot Speak sessions (half, one and two-day)
- Assess the organization's rebootstrapping needs through a two-week Rebootstrap Assessment.
- Create, support and organize a community of internal bootstrappers
- Help individual bootstrappers discover their Core Energy and how to find complementary partners
- Teach bootstrapping principles via a customized Bootstrap Bootcamp, incorporating the founders' story.
- Shepherd small bootstrap teams through the Bootstrap stages - Ideation, Valley of Death, Growth
- Organize teams in Boot Boards by stage
- Deploy unique web-based tools created by members of the Bootstrap Network to support the initiative
Every Rebootstrap Initiative is also bootstrapped: it starts slowly and carefully and is co-developed with our customer. Often, an organization will have existing innovation programs underway. Sometimes these initiatives are Maven-skewed with a heavy focus on Ideation, too focused on existing customers or follow a centralized, investor-oriented model. Specific bootstrap-oriented interventions can be applied in these situations.
Rebootstrap initiatives are designed to be non-disruptive to an organization's day-to-day operations. The organization is akin to an aircraft carrier that has to consistently and reliably launch planes off its deck - this must continue without interruption. The Rebootstrap initiative is like a small room in the back of the ship where innovation activities can be quietly developed and nurtured.
Contact
Bijoy Goswami: bijoy AT aviri DOT com or (512) 474 6155.
