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How Do You Establish a Decision-Making Process?

By Gajus Worthington - Stanford
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Lecture Description

Though the Fluidigm executive staff was incredibly bright and talented, says Worthington, they initially were almost incapable at making decisions and constantly argued.  Worthington decided that the only solution was to set up a decision making process.  He set a timeline for the decision, organized the staff into teams, and gave them specific instructions to evaluate the options.  Each team performed wonderfully and the process even spurred invention, he notes.

Course Index

  1. Forming the Founding Team and Seizing the Opportunity
  2. The Breakthrough Idea
  3. Breaking Convention: Technology First, Market Opportunity Second
  4. Building a Team and Picking the Right VCs
  5. The Challenges of Building a Company
  6. Product Development
  7. Keeping a Financial Focus
  8. Raising Money and Recognizing Interest in VCs
  9. Can You Continually Increase Value?
  10. Recruiting the Best
  11. Challenges of Managing: Firing People
  12. How to Recruit Top Talent
  13. To MBA or Not?: Technical Degree or MBA
  14. Envisioning the Future: Other Potential Applications of the Technology
  15. Lowest Lows and Highest Highs
  16. Going Global: Why Singapore?
  17. Founding Team: Technical or Business Saavy?
  18. Experimenting with New Technologies
  19. Finding a Market
  20. Disposable vs. Reusable in Biology
  21. Establishing a Market
  22. How Do You Establish a Decision-Making Process?