PODB 2
Innovation Methods
- Process
- Tools
- Mindset
Lean Startup
Lean Principles
- Based on lean manufacturing principles (Toyota)
- Eliminate waste
- Amplify learning
- Decide as late as possible
- Deliver as fast as possible
- Empower the team
- Build integrity in
- See the whole
Startup
A human institution designed to create new products and services under conditions of extreme uncertainty.
Elements of an innovation
Lean Startup
business approach that relies on validated learning, scientific experimentation, and iterative product releases to shorten product development cycles, measure progress, and gain customer feedback
Lean Learning Cycle
Minimum Viable Product (MVP)
MVP
An MVP is a version of the product that enables a full turn of the build-measure-data-learn loop.
- Prototypes (Test how customers feel about the product)
- Landing pages (test if customers want to buy it)
- wizard of oz (simulate how the product will work if implemented)
Design Thinking
Design Thinking
User-centered approach with multi-disciplinary teams with the goal to develop innovative solutions to wicked problems
Simplified Process Model
After test you return to any step where you received negative feedback to reevaluate.
Empathy: put yourself in the shoes of the customer.
Thinking:
- Divergent: Create Choices
- Convergent: Make Choices
