I just received The 7 Powers today in my house, that is what I call a timely post!
I have been working at the same intersection (strategy-finance-innovation) for twenty years (in Healthcare and Life Sciences) and never I heard before reading it from you about Hamilton Helmer!! (Ignorance as a blessing).
In the healthcare industry, strategy is very relevant for startups (early stage or small scale), mainly for Biotech and MedTech, where decisions on what activities to perform and which not in your value chain are critical to the success of the startup. Whether to do R&D (or buy it), design (or buy it), distribution (or buy it), etc.
I would like to add another reference for "thinkers applying strategy to early-stage startups": Joshua Gans and his article in HBR in 2018, which includes a tool/matrix called "The Entrepreneurial Strategy Compass" with four distinct strategies.
I just received The 7 Powers today in my house, that is what I call a timely post!
I have been working at the same intersection (strategy-finance-innovation) for twenty years (in Healthcare and Life Sciences) and never I heard before reading it from you about Hamilton Helmer!! (Ignorance as a blessing).
In the healthcare industry, strategy is very relevant for startups (early stage or small scale), mainly for Biotech and MedTech, where decisions on what activities to perform and which not in your value chain are critical to the success of the startup. Whether to do R&D (or buy it), design (or buy it), distribution (or buy it), etc.
I would like to add another reference for "thinkers applying strategy to early-stage startups": Joshua Gans and his article in HBR in 2018, which includes a tool/matrix called "The Entrepreneurial Strategy Compass" with four distinct strategies.
https://hbr.org/2018/05/strategy-for-start-ups
Last time I asked him, they were writing a book on “Entrepreneurial Strategy" which was planned to be published by late 2021.
Some additional information: https://www.entrepreneurial-strategy.net/