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Lean Startup/Lean Innovation "Increase Successof Innovation Projects"

Jan 21, 2018

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Business

  1. 1. FrediSchmidli ACEEvent|10YearLeanStartup,Theory &Practice,Zrich,23.October,2017 Lean Startup/Lean Innovation Increase Success of Innovation Projects Overview about Theory www.pragmatic-solutions.ch
  2. 2. http://www.slideshare.net/pragmaticsolutions Find this presentation tomorrow on slideshare 223.10.2017 www.pragmatic-solutions.ch
  3. 3. Fredi Schmidli EconomistandBA ManagementTeamsinvariousfunctionsandcountries Entrepreneur BusinessAngelandBoardmember:www.startangels.ch Partneratpragmaticsolutions CommunityBuilder:meetup.com/Lean-startup-Zurich/ 3www.pragmatic-solutions.ch23.10.2017
  4. 4. Goal:To improve the success rate Source:AshMaurya Running Lean Developproductinhalfthetimeandathalfthecost(GE) Reducefailure:wrongproductandprematurescaling 4www.pragmatic-solutions.ch23.10.2017
  5. 5. Goal:To improve the success rate 23.10.2017 www.pragmatic-solutions.ch 66%ofsuccessfulproducts/companiessignificantlychange originalbusinessidea PDAencryptionsoftwareledto.. TheGameNeverEndingledto.. 5
  6. 6. 23.10.2017 www.pragmatic-solutions.ch ThreeTypesofInnovation Horizon1 Horizon2 Horizon3 CoreBusiness EmergingBusiness Exploration known Semi- known unknown Newdisruptive businessmodel BusinessModelInnovation ProcessInnovation Todaysgrowth& tomorrowscashflow Generatetodays cashflow Optionsonfuture highgrowthbusiness Source:Baghai,Coley, White,Blank time $ 6
  7. 7. Lean Innovation Framework 7www.pragmatic-solutions.ch23.10.2017
  8. 8. Lean Canvas (by Ash Maurya / adapted from Osterwalder) 23.10.2017 8
  9. 9. Feedback loop Designexperiment Pretotype,MVP,Resultsfrom experiment Analyse results: Persevere,pivot orquit weeks not years Assumptions/ Hypotheses Runexperiment Creativityhappenshere 23.10.2017 www.pragmatic-solutions.ch 9
  10. 10. Customer Development Scale Product Market fit Problem Solution fit 23.10.2017 www.pragmatic-solutions.ch Understand Problem Define Solution Validate qualitatively Validate quantitatively How doIaccelerate growth? 10
  11. 11. InaInnovationProjectitisunknownwhatthecustomer mightfindvaluableandevenwhohe/sheis.Valueis generatedbylearningtheseunknowns. What is lean thinking? Valueisprovidingbenefittothecustomer,anything elseiswaste. The Lean Innovation Challenge 23.10.2017 www.pragmatic-solutions.ch 11
  12. 12. Traditional versus lean approach Source:AshMaurya:Running Lean 23.10.2017 www.pragmatic-solutions.ch 12
  13. 13. The roots of Lean Startup Make products customers want Incremental releases Reducewaste, Operational excellence Document your plan AdaptedfromJanisFraser SteveBlank 23.10.2017 www.pragmatic-solutions.ch 13
  14. 14. Eric Ries / Ash Maurya 2010/2012 23.10.2017 www.pragmatic-solutions.ch 14
  15. 15. Lean Innovation is acompanyculturetouchingallaspects: Values,Leadership,Organisation,Incentives, Empowerment, notacollectionoftools Aculturecannotbecopiedeasily 23.10.2017 www.pragmatic-solutions.ch 15
  16. 16. Core Lean Principle Get out of the building 23.10.2017 www.pragmatic-solutions.ch 16
  17. 17. Summary: Saving Potential by applying Lean Innovation LeanCanvas instead of BusinessPlan Identification &priorisation of risks instead of testing the whole BusinessModel Problem&Solutioninterviews instead of Market Research Pretotype &MVPinstead of building the Product Speedhas biggest impact onprofit 17www.pragmatic-solutions.ch23.10.2017
  18. 18. slideshare.net/pragmaticsolutions fredi@pragmatic-solutions.ch facebook.com/PragmaticSolutionsGmbh Nchstes LeanInnovationTraining,21./22.11.17: https://pragmatic-solutions.ch/angebot/ training/lean-innovation-training/ www.pragmatic-solutions.ch 23.10.2017 www.pragmatic-solutions.ch 18
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