Jeanne Meserve is joined by Steve Blank, adjunct professor at Stanford and co-founder of the Gordian Knot Center for National Security Innovation. They discuss the Department of Defense's proposal to transform its defense acquisition system. The conversation covers the shift from a requirements-based process to a problem-solving model, the introduction of portfolio management, and the challenges of integrating Silicon Valley-style innovation into a three-million-person organization to better compete with adversaries like China.