Entrepreneur trying things out in a more fluid, risk-friendly and open-source approach to testing new products.
They launch ideas in 'beta' model and wouldn't spend time planning like the traditional entrepreneur. If they wanted to do a restaurant, they would do a pop-up.
The act of snubbing someone in a social setting by looking at your phone instead of paying attention.
Term coined as part of a campaign by Macquarie an advertising agency behind the campaign - McCann Melbourne - invited a number of lexicographers, authors, and poets to coin a neologism to describe the behaviour.
Don´t listen to the HiPPOs!
HiPPO is an acronym for the "highest paid person's opinion" or the "highest paid person in the office." The acronym is used to describe the tendency for lower-paid employees to defer to higher-paid employees when a decision has to be made.
The term can also be used to describe an organization's reliance on human instinct rather than data in the decision-making process.
"When it comes tho the quality of decision-making, pay level is irrelevant and experience is valuable only if it is used to frame a winning argument. In most companies, experience is the winning argument. We call these places "tenurocracies", because porquer derives from tenure, not merit". Extract from "How Google works" by Eric Schmidt and Jonathan Rosenber.
The building block of oragnisations should be small teams. The 'Two Pizza Rule' Is Jeff Bezos' secret to productive meetings: The more people there are, the less productive meetings will be.
Amazon´s Jeff Bezos has a "two-pizza team" rule: Teams should be small enough to be fed by two pizzas. Small teams ge more done, and spend lesss time worrying about who gets credit. Small teams are like families: they can bicker and fight, but they usually pull together at crunch times.





