The Lean Start- Up Summary
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Why the lean startup changes everything even for business schools and social ...
The document discusses how the Lean Startup methodology can change everything about how new products, services and enterprises are developed. It explains key aspects of the Lean Startup approach including building minimum viable products to test assumptions, launching early, and failing fast. The document argues that applying Lean Startup principles can improve success rates of startups from 20-30% to 60-70%. It also discusses implications for social enterprises and business schools, predicting that more schools will transform into "Social Business Schools" that teach Lean Startup and support students in creating social businesses.
Group 2 six myths of product development final
The document discusses six common myths of new product development:
1) That high utilization of resources improves performance, but it can actually increase wait times and delays.
2) That processing work in large batches is more efficient, but it can increase transaction and holding costs.
3) That sticking to the original development plan is crucial, but requirements often change, requiring flexibility.
4) That starting projects early means finishing early, but premature projects may waste resources on obsolete work.
5) That more product features increase customer satisfaction, but too many can make products complicated.
6) That getting it right the first time leads to more success, but allowing iteration and learning from failures is better.
Why Lean Startup changes everything
The myth goes that the more perseverance, brilliance, good timing and a good product, the higher the chance for success. I will show you why exactly the opposite is true: Survival and, even more so, success are highly correlated with the successful application of the “Build-Measure-Learn Feedback Loop”. The fact that this lean framework can be learned and taught is the final kill of the myth. I will give examples of how you can deliver more business value earlier and with less risks by testing everything as soon as possible using a so-called Minimum Viable Product.
The Agile Company Series
January 23, 2014, Afternoon and Early Evening
This is a free event. For registration:
http://saat-network.ch/2013/12/agile-company-lean-startup-changes-everything/
Lean Startup Key Concepts Overview
The document provides an overview of the Lean Startup methodology. It discusses that the goal of a startup is to quickly figure out what customers want and will pay for through systematic experiments. The Lean Startup process involves having a clear vision and testing hypotheses about customer value and growth through a build-measure-learn feedback loop using minimum viable products. It emphasizes validated learning to determine whether to pivot the strategy or persevere based on empirical results.
The lean startup
The document discusses the lean startup methodology for developing innovative new products under conditions of uncertainty. It describes how startups can use continuous innovation and validated learning from customers to create successful businesses. The key aspects are developing a minimum viable product to test hypotheses, conducting experiments to discover what customers value, and using empirical learning to prioritize features and guide the product vision. The goal of each experiment is to build a sustainable business around the startup's vision.
Lean product development
Delivered to MBA students at Imperial College London. This session covered what Lean Product Development and Management entails, whilst covering the facets of lean including Agile, Lean Startup, Customer Development and more.
Lean Startup 301
Aubrey Smith, Sparked Advisory
In this training, we will build on the foundation established in Lean Startup 101 and 201 by delving into examples and cases of the Lean Startup concepts in action. Attendees of Lean Startup 301 will be exposed to cutting edge work from thought leaders and experts using Lean Startup in practice today — at startups and within the enterprise. Participation in this session is essential: You will be asked to help design an MVP and experiment to test critical Leap of Faith Assumption(s) in groups and will be encourage to share experiences. The session is designed to allow attendees to stretch their skills and to push one-another to ‘learn by doing’. The session will also include:
Sample cases and live interviews with practitioners highlighting the application of core concepts;
Exercises designed to bring the concepts to life and challenge participants to deepen their skills;
Discussion of advanced topics such organizational culture and governance as well as industry-specific concepts such as using Lean Startup in heavily regulated markets.
Thanks to Lean Startup Co.’s law firm, Orrick, for being the sponsor for this track.
The Lean Startup
My take on Eric Ries' book The Lean Startup, as presented to my colleagues at XING Barcelona.
DISCLAIMER: This is a sketched presentation. Can be disappointing.
"Lunch 'n Learn" Deck on "The Lean Startup"
The document summarizes key principles from Eric Ries' book "The Lean Startup" for running startups using an experimental "lean" approach. It discusses five main principles: (1) entrepreneurs are everywhere, (2) entrepreneurship is management, (3) validated learning through experiments, (4) building minimal products to test assumptions using the "Build-Measure-Learn" process, and (5) using "Innovation Accounting" to measure progress towards growth goals. The presentation provides examples of applying each principle and encourages the audience to consider testing ideas using the lean startup methodology.
Why the lean start-up changes everything
As an important countervailing forces, the "Lean start-up" turns the conventional wisdom about entrepreneurship on its head. It favors experimentation and iterative design, makes the process of starting a company less risky. Although the methodology is just a few years old, its concepts have quickly taken root in the start-up world.
Lean startup
Some years ago, Eric Ries, Steve Blank and others initiated The Lean Startup movement. The Lean Startup is a movement, an inspiration, a set of principles and practices that any entrepreneur initiating a startup would be well advised to follow.
Projecting myself into it, I think that if I had read Ries' book before, or even better Blank's book, I would maybe own my own company today, around AirXCell or another product, instead of being disgusted and honestly not considering it for the near future.
In addition to giving a pretty important set of principles when it comes to creating and running a startup, The Lean Startup also implies an extended set of Engineering practices, especially software engineering practices.
Lean Startup 101
Phil Dillard, Black Ant, @PhilD0210
The objective of the Lean Startup 101 training is to introduce the concepts, terminology and approaches — and, to help organizations overcome resistance accepting the new approach so that exploration and learning can begin. This practical, interactive session will provide a solid foundation for advanced sessions, including the Lean Startup 201 & 301. This training is designed for practitioners in both the enterprise and in startups who are relatively new to the Lean Startup approach or who are seeking a quick refresher. Lean Startup 101 is a perfect way to kick off your week of Lean Startup!
Thanks to Lean Startup Co.’s law firm, Orrick, for being the sponsor for this track.
Lean Startup Methodology
Presentation slides for a talk given by Robert Love at WeTeachSydney: Startup and Business Speed Teaching at Fishburners, Ultimo on Thursday 17 May 2012. http://weteachme.com/gala/sydney
Lean Startup Introduction - EFYI'16 - Slides
Introduction to Lean Startup leading up to a 3-hour workshop. Presented by me at EFYI (European Forum for Young Innovators) 2016, conference organized by Poland Innovative (Polska Innowacyjna).
The lean startup part three
This document discusses concepts from "The Lean Startup" related to accelerating a startup. It describes three engines of growth: the sticky engine focuses on customer retention and acquisition outpacing churn; the viral engine measures new customers generated by existing customers; and the paid engine examines customer lifetime value after deducting variable costs. It also discusses the benefits of single-piece or small-batch production over large-batch approaches. Building an adaptive organization by investing in the right amount of process allows startups to stay nimble as they grow. Larger companies can still innovate if they balance needs of existing and new customers while exploring new business models through a willingness to change management philosophy.
The innovation catalysts
Intuit faced declining customer satisfaction and hired a design director to implement a "Design for Delight" initiative. The director created a team of "innovation catalysts" to teach design thinking practices. They helped teams run experiments like observing customers and prototyping solutions. This led to successes that improved the culture and Intuit was transformed into a design-driven company, climbing out of its difficulties.
Experimentation
Measuring Progress is all about checking your path towards your goal. Thinking out of the box is a very essential part of startup. This could be achieved by doing validated learning and experimentation which would be thoroughly explained in this session.
Lean Stack - A Story Of Continuous Improvement
Talk at Tools4AgileTeams '13 explaining how we iterated on our Lean Stack framework over the last 3 years.
From being risk-focused to focusing on the constraints in a business' customer factory.
The 10 Stages of the Business Lifecycle (by Jurgen Appelo)
Like in a PlayStation game, we can visualize the typical lifecycle of startups and scaleups as a number of stages or game levels.
Let’s have a look at the levels of the Shiftup Business Lifecycle:
How to Build an Innovation Funnel in Large Organizations
Everybody is talking about innovation, but the truth is that innovation in large organizations doesn’t really work. There are extremely powerful forces who work against innovation.
In this presentation, I will review the challenges of innovation in a large organization. Why is it so hard and what are the shortcuts you should avoid?
I will also present the HP Software Innovation case study - how we built a lean innovation machine.
What's hot (20)
Why the lean startup changes everything even for business schools and social ...
Why the lean startup changes everything even for business schools and social ...
The 10 Stages of the Business Lifecycle (by Jurgen Appelo)
The 10 Stages of the Business Lifecycle (by Jurgen Appelo)
How to Build an Innovation Funnel in Large Organizations
How to Build an Innovation Funnel in Large Organizations
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The Lean Start- Up Summary
- 1. Use The Lean Start-Up summary to take your business to the top
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- 6. Wasteful practices can spell the end of a start-up, but careful planning, using resources, and effort to develop multiple aspects of your business at once will allow you to stay in the game. Read the full Lean Start-Up summary to give your start-up a winning edge