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Lean Startup/Lean Innovation "Increase Successof Innovation Projects"

Jan 21, 2018



  1. 1. FrediSchmidli ACEEvent|10YearLeanStartup,Theory &Practice,Zrich,23.October,2017 Lean Startup/Lean Innovation Increase Success of Innovation Projects Overview about Theory
  2. 2. Find this presentation tomorrow on slideshare 223.10.2017
  3. 3. Fredi Schmidli EconomistandBA ManagementTeamsinvariousfunctionsandcountries Entrepreneur Partneratpragmaticsolutions 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 66%ofsuccessfulproducts/companiessignificantlychange originalbusinessidea PDAencryptionsoftwareledto.. TheGameNeverEndingledto.. 5
  6. 6. 23.10.2017 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 9
  10. 10. Customer Development Scale Product Market fit Problem Solution fit 23.10.2017 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 11
  12. 12. Traditional versus lean approach Source:AshMaurya:Running Lean 23.10.2017 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 13
  14. 14. Eric Ries / Ash Maurya 2010/2012 23.10.2017 14
  15. 15. Lean Innovation is acompanyculturetouchingallaspects: Values,Leadership,Organisation,Incentives, Empowerment, notacollectionoftools Aculturecannotbecopiedeasily 23.10.2017 15
  16. 16. Core Lean Principle Get out of the building 23.10.2017 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. Nchstes LeanInnovationTraining,21./22.11.17: training/lean-innovation-training/ 23.10.2017 18
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