Transcript
Innovation
What is innovation?
/ˌinəˈvāSHən/
Innovate /ˈinəˌvāt/Verb
Make changes in something established, esp. by introducing new methods, ideas, or products.Introduce something new, esp. a product.
Innovation /ˌinəˈvāSHən/Noun
The action or process of innovating.A new method, idea, product, etc: "technological innovations".
What is a Startup?
A Startup Any new venture or endeavor which an
individual or a group of individuals go into which has serious elements of uncertainty.
Technological principles…and your everyday life
Everything else in between
ConsequencesChoices
Your life……a Startup)
Everything else in between
DoubtsDoubts Failures
Taking on the In-Betweens
Why do start-ups fail?
• The Allure of a “Good plan”• The “Just Do It” thought pattern
Programmatic lesson 1: The leap of faith
When faced with a daunting task. . .
. . . Jump right in!
Programmatic lesson 2: Iterate Faster
The build- measure- learn loop
“Software testing is about failing early and often” – John Boyd
“You cant connect the dots looking forward, you can only connect the dots looking backward” – Steve Jobs
Experiment (Find out for yourself)
Case Study: Toyota
Programmatic lesson 3: Consider the MVP approach
Minimum viable product Product
Learn
Embrace a new thought pattern! Lets be algorithmic in our thinking.
Thank you
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